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. Deutsche Bank Collapse Could Crash Global Financial Markets - Bitcoin News German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of the too-big-to-fail banking system falters, it could trigger another global financial crisis. Also Read: Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin Deutsche Bank Struggles to Survive Deutsche Bank AG, the largest banking services group in Germany with well over a trillion dollars worth of assets under management, has been a ma
Please share if you find this article interesting. How the Blockchain Stops Cheaters: Cryptocurrency and Provably Fair Gaming - Bitcoin News Online casinos and betting sites have proliferated since the first of their kind came on the scene in 1994. Thanks to the convenience of playing from home, the allure of winning real money, and a degree of privacy, these popular sites continue to evolve. There have been major problems, though, regarding perceived fairness and randomness of play. Blockchain technology offers a solution in provably fair gaming, taking trust out of the picture almost entirely. Also read: Why You Can’t Bet With Bitcoin at Online Casinos in the US Mistrust of Old Models Consumer mistrust of online gaming sites has been understandably high in the past, as the re
Please share if you find this article interesting. Using the Awesome Oscillator to Find Bitcoin Buy and Sell Signals Few trading tools are as simple and as elegant as the “Awesome Oscillator.” First developed by American trader Bill Williams, the aptly named Awesome Oscillator (AO) is a momentum indicator that takes advantage of an immediate trend. The AO plots its data using a histogram, similar to how the MACD histogram functions, in that it delivers a buy and sell signal when the bars pass above or below the neutral 0 line. But that is just one of its main features, the others involve taking stock of an asset’s momentum as well as any immediate change noticed via patterns on the histogram (more on that later). First, let’s take a quick look at the formula involved: Median Pri
Please share if you find this article interesting. Crypto Bullishness Spreads on Capitol Hill - Bitcoin News U.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments made by lawmakers. Meanwhile, the Fed chair said bitcoin is a store of value like gold and admitted that an era of many different currencies could return with the wider adoption of cryptocurrency. Also read: G20 Leaders Issue Declaration on Crypto Assets – A Look at Their Commitments Unstoppable Force, No Capacity to Kill Bitcoin During congressional hearings on Facebook’s Libra this week, a number of U.S. l
Please share if you find this article interesting. A Suspect Crypto Site Stole My Identity – and I’m Furious This week, I was hurled into the ranks of the unfortunate people who have had their identities stolen by a dodgy crypto enterprise – and, as the above headline indicates, I’m pissed. As I was informed by a well-wisher via an email this week, I am being advertised as an “advisor” to a supposed cryptocurrency project called “US Veteran Token” (USVT) that insinuates that it in some way supports the men and women that have admirably served their country in the military. But it appears to all be a ruse. A big fat fake. The sender of the email informed me that, not only had I been linked to the website, but members of his team had also had their bios stolen and posted on the sit