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Monthly Archives: June 2018

Bitcoin Cash Price Analysis: BCH/USD’s Failure Near $900

Key Points Bitcoin cash price failed to move above the $900 resistance zone and declined against the US Dollar. There is a short-term connecting bullish trend line formed with support at $865 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair must stay above $860 and the 100 hourly simple moving average to avoid more ...

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Ripple Price Analysis: Can XRP/USD Hold This Support?

Key Highlights Ripple price failed to move above the $0.5620 resistance area and trimmed gains against the US dollar. There is a key connecting bullish trend line in place with support at $0.5250 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair has to remain above the $0.5250 support area to avoid further losses in ...

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Ethereum Price Analysis: ETH/USD Approaching Support

Key Highlights ETH price traded higher recently and tested the $545 resistance zone against the US Dollar. There is a major bullish trend line in place with support at $510 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently moving lower and is approaching the $510 support and the 100 hourly simple moving average. Ethereum ...

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Decentralized Exchange Dex.Top Launches to Applause with 10k Users

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. May ...

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Bitcoin (BTC) Price Watch: Make or Break at Channel Resistance

Bitcoin Price Key Highlights Bitcoin price looks ready to resume the slide after hitting the resistance at the descending channel. This lines up with the Fib retracement levels, adding strength to the ceiling. Technical indicators also support a continuation of the downtrend. Bitcoin price climbed to the top of its descending channel where sellers were waiting to push it back ...

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World’s Sixth Largest Crypto Exchange by Trade Volume Bithumb Hacked

Hackers have stolen cryptocurrencies worth $30 million from South Korea’s leading virtual currency exchange Bithumb, Cointelegraph Japan reported June 19. As a result all deposits and payments have been temporarily suspended. *All deposit and withdrawal service will be stopped to make sure the security. We will keep notice you of the restart of the service. We apologize for your inconvenience ...

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ICO Market to Face a ‘Regulatory Reckoning’

CBOE Global Markets President Chris Concannon has claimed that the initial coin offering (ICO) market could soon face a two-fold regulatory “reckoning,” Business Insider reports June 19. According to Concannon, the reckoning will come in two waves. First, the U.S. Securities and Exchange Commission (SEC) will classify ICOs as unregistered securities and the holdings of investors would be “rendered valueless.” ...

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Crypto Exchange Bithumb Hacked, Thieves Steal $30 Million

South Korean cryptocurrency exchange Bithumb has suspended deposits and withdrawals after losing $30 million worth of cryptocurrencies as the result of an apparent hack. The Seoul-based company, once the world’s largest cryptocurrency exchange, on Wednesday announced that $30 million worth of undisclosed cryptocurrencies had been stolen from the platform. It is not clear at what time the theft occurred, but ...

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Breaking News: Bithumb Hacked For $30 Million In Cryptocurrencies, Market Drops

Bithumb, one of the largest exchanges in Asia, just broke the news that it has been hacked, with the hackers reportedly stealing over $30 million worth of cryptocurrencies. Bithumb Wallet Change Backfires At 12:49 UTC on June 19th, Bithumb announced that they would be temporarily suspending deposits due to a change in wallets with their exchange service. Although a change in ...

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