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Bitcoin (BTC) Price Watch: Can It Finally Bounce?

Bitcoin Price Key Highlights Bitcoin price is still inside its symmetrical triangle formation and is currently testing support. A bounce could take it back up to the resistance around $9,000 while a break lower could lead to a test of the next support at $6,500. Technical indicators are showing mixed signals, so the move could mostly depend on market catalysts. ...

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Ethereum Price Analysis: Can ETH/USD Break 100 SMA?

Key Highlights ETH price has started an upside correction and it moved above $590 against the US Dollar. There was a break above a key bearish trend line with resistance at $592 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now approaching another important bearish trend line with resistance at $620 on the same chart. ...

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Report: Criminals Have Stolen $1.2 Billion in Cryptocurrencies Since 2017

New estimates have found that criminals have stolen around $1.2 billion in cryptocurrencies since the start of 2017, further highlighting how the market is becoming a lucrative market to criminals. EU GDPR Law May Impact Criminal Investigations The figure was released by the Anti-Phishing Working Group (APWG), which was looking into the cryptocurrency market in addition to reported and unreported theft, ...

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Ripple (XRP) Price-Technical Analysis (May 25, 2018)

For Ripple bears to cease, then we must either see strong fundamental announcement like any of ripple technology being adopted by a central bank or abnormal injection of buying volumes. This is the only way to stop this bearish skew. Otherwise, odds are, sellers might push prices towards 45 cents. As such, it’s but logical to trade with the trend ...

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Chinese Startup to Use Blockchain to Track Wine Imports

The Chinese wine industry is worth $2.8 billion. In attempts to improve trust, Shanghai-based startup VeChain is using blockchain technology to track imports to the city — the mainland’s second-largest market for imported wine — from vine to table. VeChain: Using Blockchain to Build Trust in Wine Industry To start, VeChain is teaming up with French producer Pierre Ferraud & ...

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Open Platform and Element Group Announce a Strategic Partnership

Partnership focuses on advancing OPEN Platform adoption on the global market through post-tokenization support. Element Group, a full-service advisory firm for the digital token capital markets, today announced their strategic partnership with OPEN Platform, the first-ever decentralized payment platform for apps and online transactions. Element’s ongoing involvement will focus on ensuring the post-tokenization functionality of the OPEN Platform ecosystem. Element ...

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Growing Rumours Speculate About Bitfinex’s Link with Puerto Rico’s Noble Bank

Additional evidence is emerging to link the mysterious cryptocurrency exchange Bitfinex to the island of Puerto Rico. According to ‘people with knowledge of the matter,’ the company has been banking with the island’s Noble Bank International since last year. Bitfinex Linked to Noble Bank Again According to a report from Bloomberg, the cryptocurrency exchange Bitfinex have opened an account with ...

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Germany’s Largest Stock Exchange Mulls Over Blockchain Move

Deutsche Börse AG, which owns the largest German stock exchange, is examining a potential move into the blockchain space according to reports. This follows the introduction of Bitcoin Futures by American rivals and plans for a cryptocurrency trading app by the #2 German stock exchange. Race to Catch up with Rivals Head of clients, products and core markets, Jeffrey Tessler ...

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