Thursday, September 20Your Daily Bitcoin & Altcoin News Portal
Ripple Price Analysis: XRP/USD Signaling Upside Extension

Ripple Price Analysis: XRP/USD Signaling Upside Extension

PRICE ANALYSIS
Please share if you find this article interesting. Ripple Price Analysis: XRP/USD Signaling Upside Extension Key HighlightsRipple price surged higher recently and broke the $0.3200 resistance level against the US dollar.There is a major contracting triangle in place with resistance at $0.3300 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair could correct a few points, but it remains supported above the $0.3100 level.Ripple price is trading with a bullish bias against the US Dollar and Bitcoin. XRP/USD needs to gain above $0.3350 for a push towards the $0.3500 level.Ripple Price RiseYesterday, we saw a solid rise above the $0.3000 level in Ripple price against the US Dollar. The XRP/USD pair remained in a solid trend and broke the $0.3200 and $0.3250 leve...
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Cardano Price Analysis: ADA/USD Eyes Upside Break above $0.075

Cardano Price Analysis: ADA/USD Eyes Upside Break above $0.075

PRICE ANALYSIS
Please share if you find this article interesting. Cardano Price Analysis: ADA/USD Eyes Upside Break above $0.075 Key HighlightsADA price is trading nicely above the $0.0650 support area against the US Dollar (tethered).There is a key bullish trend line in place with support at $0.0700 on the hourly chart of the ADA/USD pair (data feed via Bittrex).The pair is likely to move higher above the $0.0740 and $0.0750 resistance levels in the near term.Cardano price is positioned in the bullish zone against the US Dollar and Bitcoin. ADA/USD could move above the $0.0750 resistance to test $0.0800.Cardano Price AnalysisAfter forming a base around the $0.0620, cardano price started an upward move against the US Dollar. The ADA/USD pair climbed higher and broke the $0.0650 and $0.0700 resi...
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Japanese Regulated Exchange Zaif Hacked – Nearly 6000 BTC Stolen – Bitcoin News

Japanese Regulated Exchange Zaif Hacked – Nearly 6000 BTC Stolen – Bitcoin News

BITCOIN
Please share if you find this article interesting. Japanese Regulated Exchange Zaif Hacked – Nearly 6000 BTC Stolen - Bitcoin News Exchanges Japanese government-approved cryptocurrency exchange Zaif has confirmed that it has been hacked. After a preliminary investigation, the exchange says at least 5,966 BTC have been stolen, with an estimated total damage of $60 million. Some of the stolen coins belong to the exchange but the majority belong to customers. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Zaif Hacked Japanese crypto exchange Zaif has been hacked, its operator announced on Wednesday, Sept. 19. Tech Bureau Inc., which operates Zaif, explained that the exchange “detected server abnormality” on Monday and immediately suspended seve
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Ethereum Price Analysis: ETH/USD Under Pressure Below $216

Ethereum Price Analysis: ETH/USD Under Pressure Below $216

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum Price Analysis: ETH/USD Under Pressure Below $216 Key HighlightsETH price is struggling to break the $214-216 resistance zone against the US Dollar.Yesterday’s highlighted important bearish trend line is active with resistance at $212 on the hourly chart of ETH/USD (data feed via Kraken).The pair has to break the trend line and the $216 resistance zone for more gains in the near term.Ethereum price is mostly in a bearish zone against the US Dollar and bitcoin. ETH/USD needs to overcome sellers above $212 to test the $228 resistance.Ethereum Price ResistanceYesterday, there were many rejections around the $214-216 area in ETH price against the US Dollar. The ETH/USD pair failed to close above the $216 level and dived shar
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Messaging Giant LINE Unveils Ambitious Plan for Crypto Token Ecosystem

Messaging Giant LINE Unveils Ambitious Plan for Crypto Token Ecosystem

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Messaging Giant LINE Unveils Ambitious Plan for Crypto Token Ecosystem LINE, the messaging app giant from Japan, has unveiled plans that will see it launch an ambitious, token-powered ecosystem by the end of 2018. Aimed at capitalizing on the company's big user base – LINE claims to have more than 160 million monthly active users – the plan is centered around its previously announced LINK token. Supported by a $10 million venture fund and a newly-launched cryptocurrency exchange, LINE has already said that its initiative will focus heavily on the development of decentralized apps, or dApps, that are tied to the LINK blockchain. The plan, as a whole, represents one of the more notable enterprise-level efforts of 2018 to apply bloc
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Bitcoin (BTC) Price Watch: Volatility Picking Up Leading to Bitcoin ETF SEC Ruling

Bitcoin (BTC) Price Watch: Volatility Picking Up Leading to Bitcoin ETF SEC Ruling

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin (BTC) Price Watch: Volatility Picking Up Leading to Bitcoin ETF SEC Ruling Bitcoin Price Key HighlightsBitcoin price tossed and turned around current support levels but is still on track to complete a double bottom pattern.Price is making its way closer to the neckline around the $6,600 level and a break higher could confirm an uptrend.Technical indicators are showing the presence of selling pressure, though.Bitcoin price underwent a pickup in volatility as traders are positioning ahead of the SEC decision on bitcoin ETF applications.Technical Indicators SignalsThe 100 SMA is crossing below the longer-term 200 SMA to signal that the path of least resistance is to the downside. In other words, the selloff is more likely to...
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Russian Law Won’t Mention ‘Cryptocurrency’, Russians Won’t Stop Trading – Bitcoin News

Russian Law Won’t Mention ‘Cryptocurrency’, Russians Won’t Stop Trading – Bitcoin News

BITCOIN
Please share if you find this article interesting. Russian Law Won’t Mention ‘Cryptocurrency’, Russians Won’t Stop Trading - Bitcoin News Economy & Regulation Russia is preparing for the long-awaited legislation tailored to regulate its crypto space. According to the latest reports from Moscow, the term “cryptocurrency” has been taken out of the legal texts. Nevertheless, Russians have no reasons to doubt the existence of the decentralized electronic cash. They have many options to get involved in cryptocurrency, regardless of what the law says about it. Also read: Iran to Allow Mining Hardware Imports, Cyprus Creates Fintech Hub Report: Revamped Law on Digital Assets Drops ‘Cryptocurrency’ The Russian crypto regulatory framework has been delayed for months. In May, three bi
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Bitcoin Cash Price Analysis: BCH/USD Dips Remain Supported

Bitcoin Cash Price Analysis: BCH/USD Dips Remain Supported

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Cash Price Analysis: BCH/USD Dips Remain Supported Key PointsBitcoin cash price dipped recently, but it found support near $410 against the US Dollar.There is a major bearish trend line in place with resistance near $440 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair needs to climb above the $450 hurdle for more gains in the near term.Bitcoin cash price is trading above $400 against the US Dollar. BCH/USD is facing a couple of important resistances near $445 and $450 levels.Bitcoin Cash Price ResistanceDuring the past few days, bitcoin cash price traded in a range above the $400 handle against the US Dollar. The BCH/USD pair tested the $400 and $410 support levels on a couple of occasions and rem...
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Bitcoin Core Update FIxes Vulnerability That Reportedly Could Crash Network for $80,000

Bitcoin Core Update FIxes Vulnerability That Reportedly Could Crash Network for $80,000

BITCOIN
Please share if you find this article interesting. Bitcoin Core Update FIxes Vulnerability That Reportedly Could Crash Network for $80,000 Bitcoin Core has released an update following the recent detection of a vulnerability in the software, according to a September 18 press release by the Bitcoin Core Project. According to the statement, Bitcoin Core 0.16.3 was released with a fix for a denial-of-service (DoS) vulnerability. The vulnerability could reportedly cause a crash of older versions of Bitcoin Core if they attempted processing a block transaction that tries to spend the same amount twice. According to the press release, such blocks can be only created by a miner since they are invalid. In order to create such block, a miner would be required to burn a block of “at least”
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Credit Card Cartels Landed With $6.2 Billion Bill – Bitcoin News

Credit Card Cartels Landed With $6.2 Billion Bill – Bitcoin News

BITCOIN
Please share if you find this article interesting. Credit Card Cartels Landed With $6.2 Billion Bill - Bitcoin News Finance Visa and Mastercard have run up the mother of all credit card bills. The monopolistic payment providers had been embroiled in a long-running lawsuit instigated by merchants protesting their excessive fees. The credit card giants have now conceded defeat and agreed to settle the price-fixing case for a whopping $6.2 billion. Also read: Raising the Dead: Is Bitcoin Cash Fiat Currency? Visa and Mastercard Cop to Running a Card Cartel Millions of Visa and Mastercard customers enjoy a love-hate relationship with their credit card provider. While the ability to buy goods on credit is undoubtedly convenient, the hidden charges, sporadic service interruptions,