Day: April 23, 2019

Ripple (XRP) Price Recovery Looks Real But Could Face Hurdles

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Ripple price corrected lower recently and tested the $0.3175 level against the US dollar. The price bounced back and traded above the $0.3200 and $0.3220 resistance levels. There was a break above a key bearish trend line with resistance near $0.3220 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is currently forming a bullish continuation pattern and it could revisit the $0.3300 resistance. Ripple price is slowly recovering against the US Dollar, whereas still struggling versus bitcoin. XRP could recover further above $0.3280, but…

Crypto Market, Bitcoin Surging: Bitcoin Cash, ADA, Litecoin (LTC), TRX Analysis

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The total crypto market cap bounced back after testing the $167.5B level. Bitcoin price rallied to a new 2019 high above the $5,500 resistance level. Litecoin (LTC) price is currently consolidating above the $75.00 support area. Bitcoin cash price is slowly moving higher towards the $295 and $300 resistance levels. Tron (TRX) price is currently struggling and it could test the $0.0245 support area. Cardano (ADA) price rallied recently and broke the $0.0750 and $0.0760 resistance levels. The crypto market cap is climbing steadily, with bullish moves in bitcoin (BTC),…

Ethereum (ETH) Price Looks Set To Break $175-$180

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ETH price corrected lower and tested the $165-166 support area against the US Dollar. The price bounced back and recently broke the $169 and $170 resistance levels. There is a key ascending channel in place with support at $170 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to accelerate higher and it could soon break the $175 and $176 resistance levels. Ethereum price is holding the ground versus the US Dollar and bitcoin. ETH seems to be following a bullish path and it may…

Bitcoin Grinds Higher, Will The Golden Cross Send BTC to $6k?

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For the past seven days Bitcoin has been slowly grinding higher and recording higher lows. The trend has clearly been ascending and current bullish price formations, plus the imminent ‘golden cross’, indicate higher moves could be on the cards. At the time of writing BTC was trading at $5,425 according to Tradingview.com. It equaled the 2019 high of $5,450 a few hours ago and all signals are screaming ‘buy’ on the trading chart website. Market dominance for Bitcoin has also reached a two month high as it rules over the…

Kraken, Bitmain Seek Dismissal in Bitcoin Cash-Fueled UnitedCorp Case

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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. By CCN: Both Kraken and Bitmain have asked a federal court in Florida to dismiss a lawsuit against them brought by UnitedCorp, the news of which CCN broke back in…

Vitalik Buterin Proposes Updated Staking Reward for Ethereum

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Vitalik Buterin has put forth a proposal to increase the staking reward for Ethereum in the upcoming implementation of Proof of Stake (PoS). In a post to GitHub published on April 20, the Ethereum co-founder shared his opinion on the amount of ETH that should be paid out in staking once the currency switches to PoS. According to Buterin, that amount should be higher than what has previously be proposed. Ethereum, like Bitcoin and Litecoin, operates on a Proof of Work algorithm that requires computing power in the form of…

Forbes Publishes List of Billion-Dollar Companies Using Blockchain Technology

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Forbes Publishes List of Billion-Dollar Companies Using Blockchain Technology April 22, 2019 by Akshay Makadiya From publishing list of wealthiest people in crypto to launching a crypto portal, American business magazine Forbes is undoubtedly keen about the latest developments in the crypto and blockchain space. The powerhouse media house, world-renowned for its billionaire list, have for the first time published a list of large companies that are embracing blockchain technology. Also read: Tech Mahindra and Samsung Partner to Seek Blockchain-Related Business Opportunities Subscribe to the Bitsonline YouTube channel for great videos featuring industry…

Coinbase Files to Close Its Political Action Committee

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Major United States-based cryptocurrency exchange Coinbase has filed to close its political action committee (PAC) on April 3. According to a filing with the Federal Election Commission (FEC) — the regulatory agency in charge of enforcing election laws — Coinbase’s PAC received no funds nor made any disbursements, and is seeking to terminate the PAC. Per FEC regulations, a PAC must file a termination report in order to cease operations once it no longer intends to make or receive contributions or expenditures.   In the U.S., PACs are independent organizations,…