Day: July 3, 2019

Bitcoin Rallies 8% While Ripple Price (XRP) Continues To Struggle

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Ripple price traded to a new monthly low at $0.3810 and corrected higher support against the US dollar. The price is struggling to gain bullish momentum and it is still trading well below $0.4275. Yesterday’s highlighted key bearish trend line was breached with resistance near $0.3985 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum price is currently recovering and it is already trading above the key $292 resistance. Ripple price is still facing a lot of hurdles against the US Dollar, while bitcoin rallied more…

Ethereum (ETH) Price Forms Bottom: Break $300 Could Accelerate Gains

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ETH price declined to a new monthly at $271 and recently recovered against the US Dollar. There was a sharp increase above the $280 and $290 resistance levels in the past two sessions. There was a break above a major bearish trend line with resistance near $286 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently trading near the $300 resistance, above which it could accelerate higher. Ethereum price is reversing recent losses versus the US Dollar, similar to bitcoin. ETH price must clear the…

Blockstream Announces Liquid Atomic Swaps for Bitcoin and Crypto Assets

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Blockstream has announced the creation of an atomic swap platform called Liquid Swap Tool according to official documentation on its website, announced in a Tweet, July 1, 2019. The Bitcoin infrastructure developer says the Liquid Swap tool enables users to carry out atomic swaps on all assets hosted on the Liquid Network. Atomic Swaps on the Liquid Network According to the documentation published on the Blockstream website, platform users can use the Liquid Swap Tool to execute atomic swaps for assets like L-Bitcoin and other tokens live on the Liquid…

Bitcoin (BTC) Chart Bullish (Again) After Recovery to $11,000

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Bitcoin Now Bullish After Recovery Activates After entering the $9,700 region just the other day, Bitcoin (BTC) has bounced back. Hard. As of the time of writing this article, the leading cryptocurrency sits at $11,000 — up nearly 7% in the past 24 hours as BTC registers a strong bounce after a 30% selloff that took place over a matter of days. While this bounce is to be expected, is the Bitcoin price chart bullish once again, just like it was earlier this month? According to a number of prominent…

UN Looks to Blockchain to Aid Sustainable Urban Development in Afghanistan

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The United Nations is working on blockchain solutions for sustainable urban development in Afghanistan, according to a report from tech news site The Sociable, published on July 2. Stephane Dujarric, Spokesperson for the UN Secretary-General reportedly told The Sociable that the United Nations Office of Communication and Information Technologies (UN-OICT) is developing blockchain solutions for land records and services transparency as part of the UN’s “City for All” initiative.  The UN’s “City for All” program began in 2016 with a charter set to continue through 2020 and aims to advance…