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Tag Archives: Levels

Ethereum Price Weekly Analysis: ETH/USD Near Make-or-Break Levels

Key Highlights ETH price declined recently below the $200 level before buyers emerged near $196 against the US Dollar. There is a major bullish trend line with support at $201 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair must clear the $207 hurdle and the 100 simple moving average (4-hours) to gain momentum. Ethereum price is ...

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ICO Funding Levels Collapse, Investors Blame Dry Spell On Crypto Regulation

As 2017’s crypto bull market swung around, blockchain projects began to search for alternative modes of funding to capitalize on the influx and widespread arrival of interest, press, and free-flowing capital. For many blockchain- crypto-focused startups, venture capitalists weren’t an option, as these mediums of funding were often exclusive to only the crème de la crème, to put it lightly. Keeping this ...

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US Bitcoin Investment Trust Drops to Lowest Levels in a Year

The only U.S. Bitcoin investment trust, GBTC, has dropped to its lowest levels of the year — down 10% last week alone. Bitcoin’s current price certainly has an effect, but these levels are more-so a response to a combination of other factors: high fees associated with the fund, investor attraction from GBTC competitors, and regulatory uncertainty surrounding upcoming decisions from ...

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Blockchain Adoption Levels Highest in the Semiconductor Industry: Accenture

A study conducted by global professional services firm Accenture indicates that with regards to the adoption of blockchain technology, the semiconductor sector is currently enjoying the highest levels of bullish sentiment compared to other surveyed sectors. The study which polled mostly senior executives at firms which boasted of yearly revenues of at least US$0.5 billion showed that 88% of the ...

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Spain Remains a Primary Example of Blockchain Optimism on All Levels

On Sept. 17, Europa Press reported on the contract the autonomous community of Aragon, one of the 17 Spanish autonomous communities, signed with Alastria — a blockchain ecosystem of more than 274 entities, including companies and institutions which create blockchain-based tools in line with Spanish and European Union legal frameworks. This blockchain is aimed to improve the transparency and efficiency ...

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University Researcher: Tether Not Responsible For Bitcoin Price Levels

A Queensland Univerity professor has attempted to debunk the theory which accused stablecoin Tether issuance model of manipulating the Bitcoin value. Tether Not Responsible In his report, Dr. Wang Chun, Ph.D., Finance, discussed how he constructed a Vector Autoregression, or VAR, model to prove that Tether never played a catalyst to Bitcoin’s super-normal rally towards $20,000 last year. VAR models ...

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Crypto Markets Hold Supporting Levels With Small Fluctuations, BTC Trades Around $6,300

Wednesday, September 19: crypto markets are holding recent gains and fluctuating around previous support levels. While 16 out of the top 20 altcoins by market cap are seeing some red today, total market cap still hovers around recent levels, according to CoinMarketCap. Market visualization from Coin360 Bitcoin (BTC) is slightly down 0.12 percent over the past 24 hours, still holding ...

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Blockchain App Humaniq Levels the Playing Field for Africans Seeking a Better Future

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. How a blockchain-based platform can help overcome Africa’s persistent education challenges of high illiteracy and inadequate funding. Education holds the key to economic empowerment. But the costs of providing a quality education and ...

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ICO Funding Reaches 2018 Low, Levels Not Seen Since April 2017

A new research report from a leading independent fintech research firm says that funding for initial coin offerings (ICOs) has reached a 2018 low – levels not seen since April 2017. ICOs: From Business Boom to Burgeoning Bust ICOs were positioned as the trendy new way for startups to crowdfund their ambitious blockchain projects without all of the regulatory red ...

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Norwegian Bitcoin Firm Faces Potential Shutdown Over Noise Levels

Bitcoin mining can be a lucrative venture under the right circumstances. Most countries around the world lend themselves to this type of activity, including Norway. Unfortunately, it seems one particular operation may be shut down because it is generating too much noise for surrounding residents. Noise Is an Issue for Bitcoin Miners When it comes to mining cryptocurrencies, there are ...

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