Day: April 5, 2019

Is Litecoin (LTC) and Other Assets Rallying Because of Central Banks’ Irresponsibility?

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Litecoin prices up with huge trade volumes Irresponsible central banks like the FED will fuel crypto resurgence Travis Kling, the Chief Investment Officer at Ikigai Asset Management, believes that the crypto space will flourish as the public loses faith in the FED thanks to their “irresponsibility.” Thus far, Litecoin (LTC) is up 45.9 percent with ultra-high participation of 2.7 million last recorded in Mar 2018. Litecoin Price Analysis Fundamentals The relief valve is off, and the crypto community can now afford a smile. After a long crypto winter full of…

Ethereum Creator Rips Crypto Conference for Hosting Bitcoin SV ‘Shills’

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Readers may remember the legendary moment last year when Ethereum co-creator Vitalik Buterin responded to a talk by Craig Wright to call him a “fraud.” Buterin had endured enough of…

Ripple (XRP) Racing After World Bank Recognition, XRP ETP Launch

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Ripple prices solid above 34 cents NGM launch XRP Tracker One allowing investment in a regulated manner attracting institutions and other HNWI Boerse Stuttgart’s NGM did launch two ETPs tracking the performance of Ripple (XRP) and Litecoin. The XRP Tracker One allows investment without exposure and risks of owning the underlying asset and is regulated meaning broadcasting exchanges are under the microscope. A day after launch, XRP is up 6.8 percent, outperforming Bitcoin (BTC) and Ethereum (ETH). Ripple Price Analysis Fundamentals After three, or even five months of consolidation, Ripple…

Endor Protocol Launches in a Bid to Democratize Access to AI

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It’s evident that we are in an era of profound technological innovation, and few things are garnering as much attention as artificial intelligence (AI). Indeed, AI is expected to have a profound impact on virtually every facet of culture and the economy, and businesses are well aware of its transformative potential. It’s estimated that more than 80% of all enterprises are invested in AI initiatives, and, Deloitte identifies AI implementation as a top trend in 2019. However, that doesn’t mean that every company has the same opportunity to reap the…

Analyst: Bitcoin (BTC) Moving Average Points to More Gains Ahead

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While the crypto markets are showing slight contraction, with Bitcoin holding trading above $5000 in the hope for renewed price action, several analysts are pointing to the 200-day moving average as a bullish indicator. The most recent bull run for Bitcoin and the larger cryptocurrency marketplace gave BTC its best day of trading since the massive valuation increases seen during the final month of 2017. After a strong weekend of growth, BTC price shot to $4700 on April 1, and continued to gain an additional 20 percent on April 2…

If Bitcoin (BTC) Prices Are In a “Virtuous Cycle”, Is $12,000 Near?

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Bitcoin prices on an uptrend, add 23.9 percent Analysts confirm Bitcoin whales ramping up Sid Shekhar of TokenAnalyst now confirms that indeed Apr 2 momentum shifting bull bar was fueled by heavyweights. With that, bulls are back, and Bitcoin (BTC) is firm above $4,500, adding 23.9 percent from last week’s close. Bitcoin Price Analysis Fundamentals True, Apr 2 bull bar did rouse participation, and we can authoritatively say the spike did shift market sentiment. However, the inexplicable surge is what remains mysterious to many. Before this, the Bitcoin and cryptocurrency…

Bitcoin Wash Trading: Sifting Facts From Fears

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In mid-March, Bitwise Asset Management issued a damning report on Bitcoin (BTC) trading figures. The San Francisco-based index fund provider declared that up 95 percent of Bitcoin trading volume as seen on CoinMarketCap (CMC) was due to so-called wash trading. Wash trading is a type of market manipulation where sell and buy orders are simultaneously placed on the same asset to create false and misleading trading activity in the market. Wash trading is illegal in regulated exchange platforms. 95 percent of BTC trading volume is fake As part of its…

Bitcoin Ridiculously Overbought – One Trader Says it Will Still Go Parabolic

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Bitcoin Ridiculously Overbought – One Trader Says it Will Still Go Parabolic

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Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Get Exclusive Analysis and Investing Ideas of Future Assets on Hacked.com. Join the community today and get up to $400 in discount by using the code: “CCN+Hacked”. Sign up here. Now that the bitcoin price has broken above the $5,000 mark to set a new 2019 high, crypto traders are anxiously watching the charts to discern whether the flagship cryptocurrency…

Coinbase CEO Names Three Things Crypto Needs for Mass Adoption

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Brian Armstrong, CEO of major United States cryptocurrency exchange Coinbase, believes that crypto mass adoption mostly depends on volatility, scalability and usability. Armstrong made his claim during a live ask-me-anything (AMA) session on April 2. Armstrong ran the 45-minute AMA on Tuesday, answering selected questions submitted by the crypto community. Addressing the first question, on the potential for mass crypto adoption, Coinbase’s CEO said that a cryptocurrency can achieve mass adoption by improving scalability and usability, while reducing volatility. As per volatility, if the crypto markets keep swinging dramatically, it…