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Tag Archives: trend

IOTA Price Bucks Market Trend as Foundation Goes on Hiring Spree

While your cryptocurrency holdings may be severely underwater, at least you do not have to publicly disclose it. It is coming to that time of year that all of the cryptocurrency funds have to report the quarterly numbers, and they are not looking pretty. They are all coming to grips with the impact of previous record quarters and the subsequent ...

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Coinbase News Fails to Rescue XRP from Bearish Trend

It was the announcement that ripple (XRP) investors had been anticipating for more than a year, but the news that crypto exchange giant Coinbase was “exploring” support for the second-largest cryptocurrency failed to elicit even a microcosm of the sort of rally that even the mere rumor of a Coinbase listing frequently catalyzed during the 2017 bull run. Ripple Price ...

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Bitmain Follows Industry Trend, Shutters Operations in Israel

Chinese-based cryptomining firm Bitmain is shutting down the operations of Bitmaintech Israel, its research and development (R&D) center in Ra’anana, Israel, according to reports from local news outlet Globes. The R&D center, which produced Bitmain’s first Israeli mining pool ConnectBTC, was launched in 2016 to explore meaningful use cases of blockchain technology, as well as artificial intelligence for the company’s ...

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Why Billionaire Investors Remain Positive on Long-Term Trend of Crypto

Mike Novogratz, Jim Breyer, and Tim Draper are some of many billionaire investors in the traditional financial market who remain optimistic towards the long-term trend of crypto. How are these investors able to maintain their positive stance in regards to the growth of the cryptocurrency sector following an 85 percent decline in valuation across the board? It’s About Cycles For ...

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Bitcoin Avoids Large Drop Below $3k With 7% Recovery, Trend Reversal?

Over the last 24 hours, the Bitcoin price has experienced a seven percent recovery from $3,210 to $3,433, avoiding a further drop below the $3,000 support level. Many traders expected Bitcoin (BTC) to rebound from the $3,000 to $3,300 range because the $3,000 support level has shown strength throughout the past two weeks. Ethereum (ETH) recorded a 15 percent increase ...

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Diminishing Bitcoin caught up in a strong selling trend

The largest cryptocurrency slumped, reaching another fresh low for the year. Photo: Pixabay JOHANNESBURG – Bitcoin is turning negative again. And the technicals aren’t looking too good either going into 2019. The largest cryptocurrency slumped, reaching another fresh low for the year. The digital token dropped as much as 4.2 percent to $3 567 (R50 400) yesterday, flirting with the ...

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XRP Price Support at $0.35 is Gone as Bearish Trend Resumes

There is no positivism in the cryptocurrency and digital asset industry right now. That is only to be expected, as there is still plenty of bearish pressure. Bitcoin drags everything else down with it, which continues to create a very unfavorable solution. The bearish pressure is getting tot he XRP price as well, as the support level of $0.35 has ...

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