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Tag Archives: TRX

Tron (TRX) Price Watch: Correction Done, Aiming Higher

Tron Price Key Highlights Tron price bounced off the area of interest marked in an earlier post. Price is now making its way up to the swing high and the Fib extension tool shows the next upside targets. Technical indicators also support the idea of more gains for Tron. Tron price bounced off the resistance-turned-support region at the 0.04500 mark ...

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Speculation Rages As Bithumb Situation Develops, Market Recover

The Bithumb situation has quickly developed over the past 24 hours, resulting in rampant speculation about what exactly happened. Bithumb ‘Suspiciously’ Deletes Original Tweet News of yesterday’s hack quickly broke on Bithumb‘s official Twitter account, but oddly enough, Bithumb deleted the original message after only a few hours. The original message stated that all deposits and withdrawals would be locked ...

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Goldman Sachs Explore Crypto Trades, Can’t Rule It Out Having a Future in Finance

Speaking at an event, Goldman Sachs CEO Lloyd Blankfein talked about Bitcoin in an optimistic light, saying that although he doesn’t own any, he can’t rule out the cryptocurrency having a future in the world of finance. In other Goldman news, COO David Solomon has said that the firm is exploring alternative cryptocurrency trades beyond the Bitcoin futures that it currently ...

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Upcoming Tron (TRX) Token Swap Supported by Over 30 Exchanges

There are very exciting times for the TRON community. With the token migration almost on the horizon, some important information needs to be highlighted. This switch from an ERC20-based token to the official mainnet TRX is expected to complete without any major issues. Even so, TRON holders need to take some basic guidelines into consideration at all times. The Upcoming ...

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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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Japanese Cryptocurrency Firms Draft Policies of Self-Regulation

Companies associated with the Japanese cryptocurrency industry are trying to increase consumer protection and transparency with a set of self-policing regulations. The rules aim to tackle issues such as insider trading and security compromises at exchanges amongst others. Japan: New Policies Aim to Protect Exchanges and Their Users The Japan Virtual Currency Exchange Association (JVCEA) is behind the initiative that ...

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Bitcoin Price Watch: BTC/USD Could Surpass $7,000

Key Points Bitcoin price formed a support base above $6,300 and recovered higher against the US Dollar. There was a break above yesterday’s highlighted crucial bearish trend line with resistance at $6,480 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is now placed nicely above the $6,500 resistance level, which is a positive sign. ...

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Cardano (ADA) Price Watch: Ready to Reverse from the Drop?

Cardano Price Key Highlights Cardano is still in its descending channel but might be gaining traction off the bounce. Applying the Fib tool shows the next potential resistance levels that could keep gains in check. Technical signals are looking mixed, with oscillators suggesting further gains in the cards. Cardano appears to be gaining some traction after its channel support bounce ...

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