Sunday, December 16Your Daily Bitcoin & Altcoin News Portal
PR: genEOS – Blockchain 4.0 for Business Announced – Crowdsale Is Launched – Bitcoin News

PR: genEOS – Blockchain 4.0 for Business Announced – Crowdsale Is Launched – Bitcoin News

BITCOIN
Please share if you find this article interesting. PR: genEOS – Blockchain 4.0 for Business Announced - Crowdsale Is Launched - Bitcoin News This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Blockchain technology promises to transform business processes, bringing automated record-keeping and turning entirely secure, distributed, decentralized, and scalable applications into a new norm in the business world. Today, there are technical and commercial obstacles that prevent widespread adoption of decentralized applications (Dapps
CryptoGirl
Bitcoin Price Watch: BTC/USD Upsides Remain Capped

Bitcoin Price Watch: BTC/USD Upsides Remain Capped

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Price Watch: BTC/USD Upsides Remain Capped Key PointsBitcoin price declined below the $6,100 level before recovering substantially against the US Dollar.There is a major bearish trend line in place with resistance at $6,360 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair must break the trend line resistance and $6,350 to move further higher in the near term.Bitcoin price is struggling to hold gains against the US Dollar. BTC/USD may perhaps continue to face hurdles near $6,360 and $6,420.Bitcoin Price AnalysisBitcoin price failed to stay above the $6,280 low against the US Dollar. The BTC/USD pair declined further and broke the $6,120 support level. It traded as low as $6,076 before starting an up...
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Cardano Price Analysis: ADA/USD Approaching Resistance

Cardano Price Analysis: ADA/USD Approaching Resistance

PRICE ANALYSIS
Please share if you find this article interesting. Cardano Price Analysis: ADA/USD Approaching Resistance Key HighlightsADA price declined towards the $0.1220 level before starting an upside correction against the US Dollar (tethered).There is a crucial bearish trend line formed with resistance at $0.1340 on the hourly chart of the ADA/USD pair (data feed via Bittrex).The pair is recovering and it seems like it is approaching towards the $0.1320 and $0.1340 resistances.Cardano price is slowly recovering against the US Dollar and Bitcoin. ADA/USD must break the $0.1340 resistance to recover further in the near term.Cardano Price AnalysisAfter a break below the $0.1340 support, cardano price declined further against the US Dollar. The ADA/USD pair broke the $0.1250 support and trad...
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Texas Regulator Issues Cease and Desist Order to a Network of Crypto Companies – Bitcoin News

Texas Regulator Issues Cease and Desist Order to a Network of Crypto Companies – Bitcoin News

BITCOIN
Please share if you find this article interesting. Texas Regulator Issues Cease and Desist Order to a Network of Crypto Companies - Bitcoin News Regulation The Texas State Securities Board has taken an emergency action to stop a network of crypto-related companies from illegally offering investments in the state. A token offering and a mining firm are among those targeted by the securities board as selling fraudulent “cryptocurrency-related investments.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Emergency Action Taken The Texas State Securities Board announced Thursday that an emergency action has been taken to “target promoters of crypto-mining investments.” According to the notice published on July 12 by the Board: Texas Securities Commissioner Trav
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Ripple Price Analysis: XRP/USD Recovers Sharply

Ripple Price Analysis: XRP/USD Recovers Sharply

PRICE ANALYSIS
Please share if you find this article interesting. Ripple Price Analysis: XRP/USD Recovers Sharply Key HighlightsRipple price traded to a new weekly low below $0.4250 before recovering against the US dollar.There is a new major bearish trend line in place with resistance near $0.4450 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair is recovering nicely, but it has to break the $0.4450 and $0.4500 resistances to gain further.Ripple price bounced back from lows against the US Dollar and Bitcoin. XRP/USD is now facing a crucial resistance near the $0.4450 level.Ripple Price Upside HurdleThere was an extended decline below the $0.4300 level in Ripple price against the US Dollar. The XRP/USD pair declined further and broke the $0.4250 support area. A new week...
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Ethereum Price Analysis: Can ETH/USD Make It?

Ethereum Price Analysis: Can ETH/USD Make It?

PRICE ANALYSIS
Please share if you find this article interesting. Ethereum Price Analysis: Can ETH/USD Make It? Key HighlightsETH price declined further and traded as low as $417.37 against the US Dollar.This week’s highlighted key bearish trend line is still active with resistance at $438 on the hourly chart of ETH/USD (data feed via Kraken).The pair has to move above the trend line and $440 resistance to recover further in the near term.Ethereum price is slowly moving higher against the US Dollar and Bitcoin. ETH/USD must clear hurdles near $440 to gains upside traction towards $460.Ethereum Price ResistanceThere were further dips in ETH price below the $430 level against the US Dollar. The ETH/USD pair declined below the $428 swing low and formed a new weekly low near the $417 level. Later,
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Bitcoin (BTC) Price Watch: Next Potential Support Zone

Bitcoin (BTC) Price Watch: Next Potential Support Zone

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin (BTC) Price Watch: Next Potential Support Zone Bitcoin Price Key HighlightsBitcoin price has broken below that near-term area of interest and is setting its sights on the next support zone.Price could fall to the very bottom of its range visible on longer-term charts, where buyers may be waiting.Technical indicators reflect weakening bullish momentum and a return in selling pressure.Bitcoin price broke below the resistance turned support zone at $6,300 and is on track towards testing the next floor.Technical Indicators SignalsThe 100 SMA crossed below the longer-term 200 SMA to hint that the path of least resistance is now to the downside. This basically means that the drop is more likely to continue than to reverse. A pu...
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Bitcoin Cash Price Analysis: Can BCH/USD Break 100 SMA?

Bitcoin Cash Price Analysis: Can BCH/USD Break 100 SMA?

PRICE ANALYSIS
Please share if you find this article interesting. Bitcoin Cash Price Analysis: Can BCH/USD Break 100 SMA? Key PointsBitcoin cash price declined further, but it found support near the $660 level against the US Dollar.This week’s highlighted key bearish trend line is still in place with current resistance near $718 on the hourly chart of the BCH/USD pair (data feed from Kraken).The pair must break the trend line, $720, and the 100 hourly simple moving average to gain traction.Bitcoin cash price is slowly recovering above $680 against the US Dollar. BCH/USD has to break the 100 SMA to start a decent upside move.Bitcoin Cash Price ResistanceThere were further declines in bitcoin cash price below the $680 swing low against the US Dollar. The BCH/USD pair broke the $683 low and traded
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Bitcoin Price Defends $6K As Upside Potential Builds

Bitcoin Price Defends $6K As Upside Potential Builds

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Bitcoin Price Defends $6K As Upside Potential Builds Bitcoin (BTC) may be up slightly at the start of Friday's session, but it remains to be seen if it can build traction above $6,000. The world's largest cryptocurrency by market capitalization is now down 37 percent from its May 5th high at $9,996 according to CoinDesk's Bitcoin Price Index, though it's rebounded to a crucial support zone at $6,235, according to Bitfinex data. The figure is notable, as it could be argued bitcoin needs a daily close above the previous low at $6,070 to abort bearish outlook for the coming week. This would provide greater confidence to the market as a whole, and could possibly spark another minor bullish revival seen over the last eight days. And s
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New Study Says 80 Percent of ICOs Conducted in 2017 Were Scams

New Study Says 80 Percent of ICOs Conducted in 2017 Were Scams

BITCOIN
Please share if you find this article interesting. New Study Says 80 Percent of ICOs Conducted in 2017 Were Scams A recent study prepared by ICO advisory firm Statis Group revealed that more than 80 percent of initial coin offerings (ICOs) conducted in 2017 were identified as scams. The study took into consideration the lifecycle of ICOs run in 2017, from the initial proposal of a sale availability to the most mature phase of trading on a crypto exchange. The research says that in 2017 “over 70 percent of ICO funding (by $ volume) to-date went to higher quality projects, although over 80 percent of projects (by # share) were identified as scams.” The analysts found that four percent of ICOs failed, and three percent had “gone dead.” The study recognized ICO death as “not listed