Please share if you find this article interesting. Bitcoin And Crypto Market Approaching Next Break: BCH, XLM, EOS, TRX Analysis The total crypto market cap is currently trading in a range below the $290.0B resistance.Bitcoin price is also consolidating above the $10,500 support and is preparing for the next move.BCH price broke the $320 resistance, but it is struggling to gain momentum.EOS price is up around 2% and it recently traded above the $4.100 and $4.200 resistancesStellar (XLM) price is slowly moving higher towards the $0.0950 and $0.1000 resistance levels.Tron (TRX) price is likely to continue higher and it might soon break the $0.0300 resistance area.The crypto market cap and bitcoin (BTC) are preparing for the next break. Looking at the total cryptocurrency market cap...
Please share if you find this article interesting. Ripple Price (XRP) Showing Positive Signs, Could Break $0.34 Ripple price remained well supported on the downside near the $0.3200 level against the US dollar.The price traded higher and broke the $0.3250 and $0.3320 resistance levels.There is a key bullish trend line forming with support at $0.3265 on the hourly chart of the XRP/USD pair (data source from Kraken).The price is likely to continue higher, with chances of an upside break above $0.3350 and $0.3400.Ripple price is trading with a bullish bias against the US Dollar, similar to Looking at the chart, ripple price seems to be trading in a positive zone above the $0.3300 and $0.3250 support levels. As long as there is no close below $0.3250 plus the 100 hourly SMA, the pric...
Please share if you find this article interesting. Libra’s Biggest Problem Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. Among the barrage of commentary accompanying the Libra circus on Capitol Hill last week was a single short tweet from lawyer Marco Santori that summed up the core problem confronting Facebook’s cryptocurrency project – and, for that matter, any corporate-led effort of its kind. To understand why Facebook and its 27 Libra partners are in this dilemma, let’s go back to bitcoin’s roots – to the core problem Satoshi Nakamoto
Please share if you find this article interesting. Ethereum Price (ETH) Likely To Accelerate Above $240 & $250 ETH price remained well bid above the $208 support and recently climbed higher against the US Dollar.The price settled above the $220 pivot level and is currently consolidating in a range.There is a breakout pattern forming with resistance near $227 on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely to accelerate higher above the $227 and $230 resistance levels in the near term.Ethereum price is showing positive signs above $208 and $215 versus the US Dollar, similar to Looking at the chart, Ethereum price is clearly preparing for the next move either above $230 resistance or below the $217 swing low. If there is an upside break above $230, the pric...
Please share if you find this article interesting. Money and Democracy: How the Elite Manipulated Ledgers and Created a Social Ranking System - Bitcoin News Money is one of the most important but least understood manmade tools in existence. For more than 5,000 years humans have used a tool of exchange called money to facilitate trade. During this timespan, the evolution of money has evolved into a system of information, a social contract, and a ranking system. Also Read: IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users Introducing the General Ledger The evolution of money has a fascinating history and the birth of the Bitcoin network transformed society’s concept of the subject into something altogether new. In its simplest form, money is simply information, so
Please share if you find this article interesting. Blockchain Project Aims to Apportion and Tokenize the Moon A new blockchain project has launched a registry that would divvy up and tokenize portions of the lunar surface. Dubbed Diana — after the Roman goddess of the hunt and the moon — the project launched on July 19, just one day before the 50th anniversary of the Apollo moon landing. The goal of this project is purportedly to “secure the possible right of man to the Moon to propose a solution to 'who owns the moon.'” A lunar registry will reportedly secure access to the moon as it is ostensibly becoming more probable that governments will exploit space for its wealth of resources: “The Diana project aims to clearly define the possible rights of mankind to the Moon, given th
Please share if you find this article interesting. Iran Finalizes Electricity Pricing Scheme for Cryptocurrency Miners The Iranian Economic Commission has reportedly finalized a tariff scheme for cryptocurrency miners, according to a July 21 report from Iranian economic daily Financial Tribune. Per the report, Energy Minister Homayoon Ha’eri announced that, while the tariff scheme has been finalized, it is awaiting approval from the Cabinet of Iran — a governmental body consisting of various ministers and other officials chosen by the president. While Ha’eri did not elaborate on the exact price scheme, he stated that the price is dependent on market factors such as fuel prices in the Persian Gulf. The head of Iran Electrical Industry Syndicate, Ali Bakhshi, previously proposed
Please share if you find this article interesting. Number of Crypto Notables on Buffett Lunch Guest List Grows Justin Sun, the founder of Tron and winner of the annual auction for a lunch with renowned investor Warren Buffett, has invited more notable figures from the crypto industry to attend. Earlier today, July 21, Sun invited the founder and CEO of trading platform eToro, Yoni Assia, to the lunch with the chairman and CEO of Berkshire Hathaway via tweet. Assia quickly responded saying, “Justin, it is my honor to join you for lunch with @WarrenBuffett. A big step for bridging between the traditional finance world and the new one!” Yesterday, Sun invited the head of the Binance Charity Fund, Helen Hai. Hai reportedly responded within minutes and said the luncheon would be an o
Please share if you find this article interesting. European Central Bank Exec: Libra Won’t Launch Until Regulators Are Satisfied Benoit Coeure, a board member of the European Central Bank, said that Facebook’s Libra coin will not launch until global regulators are satisfied. Speaking to Reuters at the G7 summit in Chantilly, France on July 18, Coeure said that the proposed stablecoin must be guaranteed to be safe for users before it can launch: “You’ve got to be safe, robust and resilient from day one. It’s not a learning process: either it works or it doesn’t.” Coeure stated that guaranteeing the protection of user privacy and ownership rights may require significant consideration and lengthy discussion by regulators: “Down the road we might find that there are gaps or incon
Please share if you find this article interesting. Hodler’s Digest, July 15–21: Libra Special! Top Stories, Price Movements, Quotes and FUDs of the Week Coming every Sunday, the Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link. Top Stories This Week Libra hearings: Hostility and criticism as Congress grills Facebook executive A godsend to drug dealers. More dangerous than 9/11. A global economic threat. Congress was given two days to grill the head of Facebook’s Calibra wallet, David Marcus, over the upcoming Libra cryptocurrency, and it didn’t hold back. The Senate Banking Committee went fir