Day: October 11, 2019

Non-Seizability of Bitcoin Very Attractive for Hong Kong: Pompliano

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Bitcoin’s (BTC) use as a protector of wealth is coming to the fore in Hong Kong as trading volumes spike and businesses iron out problems with acceptance. Trading record underscores Bitcoin’s “non-seizability” As multiple commentators including Morgan Creek Digital co-founder Anthony Pompliano noted this week, Bitcoin is a genuine solution for Hong Kong residents worried about monetary sovereignty. “When you’re worried about your assets being seized or becoming inaccessible to you, Bitcoin’s non-seizability becomes very attractive. This aspect of Bitcoin just became important for 1+ billion people in India &…

Bitcoin (BTC) Price Dives $500 But Holding Key Support

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Bitcoin price climbed to $8,950, but failed to continue higher against the US Dollar. The price is down around $500, but it is holding the key $8,400 and $8,350 supports. There is a major bullish trend line forming with support near $8,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price could test the $8,350 support and it is likely to recover in the near term. Bitcoin price is trading with swing moves below $9,000 against the US Dollar. BTC declined sharply from $8,950, but…

2 Key Indicators Show ETH, BNB Could Rally as Bitcoin Price Eyes $9K

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After several months of difficulty, many altcoins such as Ether (ETH), Chainlink (LINK) and Binance Coin (BNB) finally show signs of life on the charts providing hope for a new bull-run.  As 2019 nears its end, Bitcoin price (BTC) looks back on an overall positive year. Crypto’s largest asset rose from $3,330 to $13,880 in the first half of the year before retracing down to $7,715 several months later.  Altcoins shared in the exuberance surrounding Bitcoin’s parabolic price rise, with the majority of top market cap cryptocurrencies posting notable gains.…

Crypto Market Cap And Bitcoin Could Rally: BCH, LTC, EOS, ADA Analysis

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The total crypto market cap is holding a strong support area near the $220.0B level. Bitcoin price is consolidating above $8,500 and it could rally further in the near term. Litecoin (LTC) price must clear the $60.00 resistance area to continue higher. BCH price is facing a strong resistance near the $235 and $240 levels. EOS price is consolidating below the $3.250 and $3.300 resistance levels. Cardano (ADA) price is currently consolidating above the $0.0400 support area. The crypto market cap is showing positive signs along with bitcoin and Ethereum…

PewDiePie-Partnered Streaming Platform DLive Teams Up With Theta Network

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Theta Labs has announced that its blockchain video infrastructure protocol Theta Network will soon be incorporated into decentralized streaming platform DLive. According to a press release shared with Cointelegraph on Oct. 10, Theta’s partnership with DLive will enable peer-to-peer video relaying of all video content and token rewards for the latter’s users. Employing the biggest name in gaming As Cointelegraph reported previously, PewDiePie, the personality behind the most-subscribed gaming channel on YouTube, began streaming exclusively on DLive on April 14. In just over a month after this partnership started, the…

Ripple (XRP) Price Won’t Go Quietly, Risk of Bounce Grows

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Ripple price is correcting lower and is trading below the $0.2750 pivot level against the US dollar. The price is holding the $0.2700 support area, but it is facing a strong resistance. There is a key bullish trend line forming with support near $0.2700 on the hourly chart of the XRP/USD pair (data source from Kraken). The price could extend its decline to $0.2650 before it starts a fresh increase above $0.2750. Ripple price is struggling to continue higher against the US Dollar and bitcoin. XRP price might decline towards…

Ethereum (ETH) Signaling Bullish Continuation, Bitcoin Holding Support

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Ethereum price is trading nicely above the $188 and $185 support levels against the US Dollar. Bitcoin price is showing positive signs and it is trading above the $8,400 support area. There is a major bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to continue higher and it could break the $195 and $198 resistance levels. Ethereum price is trading above key supports versus the US Dollar and bitcoin. ETH price must stay above $185 to…

Blockchain Healthcare Firm Wins US National Science Foundation Grant

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New England-based blockchain firm SimplyVital Health, Inc. has received a $225,000 grant from the United States National Science Foundation (NSF) to research integration of its protocol Nexus with the Graphene protocol. The NSF awarded the grant as part of its Small Business Programs, which contributes $200 million annually to innovative startups and small businesses, according to an Oct. 10 press release from SimplyVital Health. Aiming to decrease healthcare costs SimplyVital will allocate the grant to research and development into integration of the Graphene protocol into its blockchain protocol, Nexus, which…

Realmx Video Game Officially Launches on Bitcoin Cash

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During the first week of August, the development team Block Hop announced a sandbox video game called Realmx that’s fueled by bitcoin cash. On October 10, Block Hop developers revealed that after “months of development and preparation,” Realmx can now be played on desktop and Android mobile devices. Also read: Chinese Bitcoin Miners Migrate North After Wet Season The Official Realmx Mainnet Release There’s a new sandbox game called Realmx that leverages the Bitcoin Cash (BCH) blockchain in order to enhance the gameplay experience. The Realmx engineers announced that the…