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Ethereum could breach symmetrical triangle to climb to $197 soon

The Ethereum network has seen ETH drop in value quite frequently over the last few months. However, the cryptocurrency seems to be attempting to regain past losses, and was valued at around $184, at press time. According to CoinMarketCap, it had a market capitalization of nearly $20.3 billion, and a daily trading volume of almost...
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Bitcoin rewards app Lolli partners with Alibaba; limits services to U.S users

Recently, Chinese e-commerce platform Alibaba was in the news following its Single’s Day shopping sale. However, news of the global shopping giant partnering with Bitcoin rewards application Lolli is what caught the attention of the crypto-industry. Lolli is a platform that allows users to acquire Bitcoin while shopping at certain merchants. According to the press...
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Cryptocurrency trading tips

Cryptocurrency is a type of digital currency which can be used as a medium of exchange. It has become common over the recent years. The rise of cryptocurrency use has been attributed to the online wave. A lot of things are now shifting online because there are different services you can access from several platforms....
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CoinMarketCap launches Liquidity metric to counter fake trading volumes

When compared to traditional asset markets, the cryptocurrency asset class is relatively new, with crypto-exchanges often subjected to mass manipulation with respect to its trading volume. In fact, a Bitwise report earlier this year had claimed that over 90 percent of all Bitcoin trading volume was fabricated, raising questions about various exchanges’ credentials. Now, CoinMarketCap,...
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XRP’s collective breach of ascending channels raises red flags

XRP’s price has been under immense volatility off late. 24th September marked a collective fall for the entire crypto industry after which XRP continued to recover its valuation. The third-largest asset began to experience repeated surges and crash, but the token continued to consolidate between the resistance of $0.333 and $0.275 during the time period....
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Binance.US will license core technologies: Catherine Coley

Catherine Coley, CEO of Binance.US recently featured in an interview to share the company updates and related roadmap. Stating the purpose of the company in the crypto landscape, Coley mentioned, “You (U.S. citizens) like the freedom to choose and the availability to have someone not be the gatekeeper for you. Binance U.S. is really opening...
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Bitcoin’s descending channel suggests positive break, but Death-cross raises doubts

Over the past 12 hours, Bitcoin’s price surged over 4 percent, taking its valuation back above $9000; after a quick correction, the price was back under the $9000 mark after depreciating about 3 percent over the past 4 hours. Volatility has been at its peak for BTC over the last few weeks. Bitcoin dropped down...
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XRP’s fractal coiling at an end; profitable prospects in near-term

XRP’s price has been consolidating for quite a while now. Even with the Swell conference and major announcements made during the XRP Japan Meetup, the price seems to be dead in the water. Daily Chart At press time, the price of XRP was $0.279, with the price coiling in the $0.31 to $0.22 range for...
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Ethereum’s 120-day pattern breached: Longs to be ecstatic soon

World Computer aka Ethereum’s rapid descent in price seems to be slowing down as it has been consolidating for over two months now. The price of ETH hovers at $184 with a market cap of $20 billion making it the second-largest cryptocurrency in the world. As the price has breached a longterm bullish pattern, longs...
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Binance enables fiat gateways for Euro, Kazakhstani Tenge

Binance’s recent partnership with Advcash has now enabled the crypto–exchange to offer deposits and withdrawals for Euro, Russian Ruble, Ukrainian Hryvnia and Kazakhstani Tenge. In its latest press release, Binance announced, “Users now are able to deposit 4 fiat currencies to their Binance wallet using their credit cards, bank cards, and also from their Advcash...
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Litecoin likely to breakout from pennant to $67 by next weekend

Litecoin has lately been making quite an effort to push back to its glory days. Recording a 20% rise in price in just over two weeks, LTC had a value of around $60, at the time of writing. According to CoinMarketCap, Litecoin had a market cap of almost $3.9 billion and a daily trading volume...
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Stablecoins eliminate fear of volatility: ShapeShift CEO

The role of Bitcoin in the financial world still remains uncertain, despite having existed for over a decade now. Some view it as a store of value, while a few others describe it as a speculative asset. The coin is quite often described as digital gold due to its similarities with gold. The creator of...
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Coinbase launches staking services for US customers

In order to maintain relevancy and sustain an active userbase, it is necessary for exchanges to introduce new features within the platform and facilitate higher interactivity. Coinbase recently revealed that the exchange will now offer staking services for all its U.S consumers. It was announced the staking rewards would initially begin with Tezos tokens. The...
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You can build on XRP Ledger… general public is unaware: CoinField CTO

Recently, CTO and Co-founder of CoinField and Sologenic, Reza Bashash, appeared in an interview conducted by On The Chain podcast hosts, Jeff and Chip. During the interview, Bashash talked about his experience running the CoinField exchange and their future plans for Sologenic, a platform that aims to merge traditional financial markets with cryptocurrency markets on...
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US government can control Bitcoin by involving banks: Peter Schiff

Bitcoin successfully penetrated the mainstream media in 2019, starting with the cryptocurrency’s price recovery and involvement of global businesses and traditional entrepreneurs. Continuing this streak, prominent American talk show host John Stossel featured economist Peter Schiff to discuss the U.S. regulators’ intent to kill Facebook’s proposed Libra currency, while highlighting that “they can’t kill Bitcoin...
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Ripple survey: 75% of respondents ‘very to extremely interested’ in digital assets

On November 6, 2019, Ripple published its second annual ‘Blockchain in Payments’ report, revealing the extent of widespread adoption of blockchain-based payments by financial service providers. According to the report, blockchain implementation only became mainstream in the last two years. The report used a survey conducted by an unspecified third-party, did not target Ripple customers....
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XRP likely to breach broadening wedge and fall to $0.23 this week

January 2018 was the golden age for XRP, a time when XRP hit its all-time high value of around $3.3. Since then, however, the token has had moments of hope, before falling into patterns of more sideways movement. Valued at almost $0.30, XRP had a market capitalization of over $13 billion and a daily trading...
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Ethereum’s imminent bullish breakout may lack momentum to retest major resistance

Over the past week, Ethereum’s price has undergone major consolidation. ETH’s price registered a change of only 0.73 percent and many speculate that the token’s price will enter a major accumulation period. On 4 November, Ethereum recorded an hourly hike of over 2 percent, but corrections quickly stabilized its valuation. Upon analysis, it was observed...
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Bitcoin’s price drop caused ‘Extreme Fear’ among investors, leading to a massive sell off

Bitcoin price saw a massive dip that began on 24th September and continued till 25th when the price fell as low as $7,660 before it stabilized around $8,300 mark. The sudden drop in prices caught everyone by surprise as the market expected the coin to run on the coattails of Bakkt’s launch of Bitcoin futures...
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Litecoin bulls step back due to descending triangle formation, forays into oversold realm

From a year high of $142 to in June 2019 to trading below $55 crucial resistance, the silver crypto was in bearish phase after a short period of consolidation. The latest price drop has pushed Litecoin to the sixth position as it continued to plummet aggressively against the US Dollar. Litecoin lost over 3% in...
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Ethereum founders change narrative on ETH to attract investors, highlights Jimmy Song

The second-largest coin with a market cap of $18.60 billion, Ethereum is gearing up for several developments. Ethereum’s Istanbul upgrade, is scheduled to go live in the next few months which a network-wide upgrade. Ethereum 2.0 aka Serenity is another anticipated upgrade of the Ethereum network. In a recent conference, Vitalik Buterin elaborated on what...
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Ethereum looks bearish as selling pressure is on the rise

Ethreum was trading at $172.24 at press time with a downfall of 1.54% on the 24-hour price chart and registered a market cap of $18.5 billion. The altcoin has been trying to recover from its losses which were triggered on 24th September, which saw the majority of the cryptocurrency market depreciate in value. 6-Hour Price...
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Binance Coin’s price may experience downtrend as it breaches ascending channel

Malta-based Binance, various developments seem to have no impact on the price of the exchange’s native cryptocurrency BNB as it was seen falling by 3.09 %, at press time. Just last week, the coin plummeted to a low of $15.12 and hit a six month low. The eighth-largest cryptocurrency by market was valued at $15.28...
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XRP steps into bearish territory as price may fall after breaching descending triangle

XRP has been undergoing a consolidation phase, where the price of the coin has been restricted between $0.25 and $0.22. With the recent slump, XRP has been trying to recover in the bear’s market, but all efforts have been in vain. Despite consistent tussle between buyers’ and sellers’, XRP was valued at $0.2389, at press...
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Cardano’s price could go for an upward swing after closure of falling wedge, ascending triangle

Cardano has lost over 23% over a period of seven days and at the time of writing, the altcoin was priced at $0.037 after a decline of 4.10% in the last hour. Despite a steep rise in the latter part of March and a flurry of developments soon after in the Cardano ecosystem, the altcoin...
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Ethereum prices might slump further in short term with a bearish potential double-top formation

Ethereum has been on a recovery mode since 24th September which saw the second-largest altcoin lose almost 17% of its value in a single day. ETH was trading at $172.24 at press time having seen a decline of 1.54% on the 24-hour chart. 1-Hour Price Chart Source: TradingView In the 1-hour price chart, Ethereum was...
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Litecoin’s price could spiral below key support after symmetrical triangle closes

Over the last week, Litecoin has lost over 24% and the coin has failed to rebound and was priced at $54.93 at press time, after falling 1.86% in the past one hour. The silver crypto had dramatically lost value over the past month and this trend has been continuing since its halving. Litecoin 1-hour Chart:...
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Bitcoin miners to face massive hike in electricity tariffs levied by Uzbekistan government

Uzbekistan has time and again proved that it is a crypto-friendly country by legalizing cryptocurrency exchanges and funding several blockchain and cryptocurrency-related projects. However, the country’s recent update has taken a toll on cryptocurrency miners. The Cabinet of Ministers of the Republic of Uzbekistan shared an announcement citing the hike in electricity tariffs levied on...
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NBA says Dinwiddie cannot use his contract as a vehicle for investments

Earlier this week, star Nets player, Spencer Dinwiddie, announced that he had planned to turn his contract worth $34.4 million into an investment, going public with an SD8 token offered by his company, DREAM Fan Shares. On Friday, however, a league official confirmed that the NBA notified Spencer Dinwiddie that he could not use his...
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Blockstream’s Liquid network participants stands at 35 with addition of another exchange

Liquid, a second layer tech for Bitcoin built by Blockstream, welcomed another crypto exchange to use its services. Coinut exchange, a Singapore-based exchange announced on 28 September announced the integration of Liquid network on its platform. The network recently also on-boarded a Canadian exchange making the list of its partner more extensive, including members like...
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