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Tag Archives: XEM

Bitcoin Cash Price Analysis: BCH/USD Consolidating Above $550

Key Points ·         Bitcoin cash price started consolidating losses after trading to the $540 low against the US Dollar. ·         There is a key connecting bearish trend line formed with resistance at $580 on the hourly chart of the BCH/USD pair (data feed from Kraken). ·         The pair might continue to struggle to break the $580 and $600 resistance levels ...

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Students are Mining Bitcoin in University Dorms, Campuses are Alert

While Bitcoin mining — which is the backbone of many public blockchains —  is often left to the operators of data centers, some university students have begun to try their hand at running their own, in-dorm mining efforts. Bitcoin Mining In Unexpected Places — University Campuses Speaking with CNBC journalists, Patrick Cines, a Penn State College graduate, highlighted his foray into ...

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Can Bittrex USD Trading Options Revive Ripple’s XRP

Bittrex has finally stepped into the fiat sub-industry of crypto exchanges, recently introducing a plan to roll out USD trading pairs to its thousands of users. Welcome XRP And Ethereum Classic To Bittrex’s Fiat-To-Crypto Lineup On Wednesday morning, the Seattle-based Bittrex Exchange announced that it would be launching two new trading pairs come August 20th. This announcement comes amidst the exchange’s plan ...

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Coinbase Commences Ethereum Classic Support, Ups Purchase Limits

Coinbase has long held a highly coveted spot as one of the most well-established cryptocurrency platforms in the world. Following a series of recent announcements, it has become apparent that the California-based firm intends to hold this position for years to come. Coinbase Pro Officially Launches Ethereum Classic Support  On Tuesday morning, Coinbase Pro took to Twitter to announce that it ...

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Bitcoin Cash Price Analysis: BCH/USD Accelerating Losses Below $700

Key Points Bitcoin cash price declined sharply and broke the $700 and $670 support levels against the US Dollar. Yesterday’s highlighted important bearish trend line prevented gains near $705 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is under a lot of pressure and it could slide further towards the $620 support. Bitcoin cash ...

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XRP Technical Analysis

Technically, XRP prices are breaking off the 40 day horizontal consolidation and retesting the lower limit of our 5 cent trading zone at 40 cents. Because of this and the way our XRP trade plan dictates, we suggest selling at every pull back with first targets at 30 cents and later 15 cents—our ultimate level. We also remain cognizant that ...

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Ethereum (ETH) Technical Analysis

On a weekly basis, ETH is down 10 percent and this is contrary to the fundamentals that are overly supportive of Ethereum (ETH). Remember, not only are there new developments as Mokens launching and implementing new ERC standards but the approval of ENS by ICANN is definitely a huge plus for Ethereum (ETH) propulsion to mainstream. From the News Finally, ...

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Bitcoin Cash Price Analysis: BCH/USD Could Recover To $740

Key Points Bitcoin cash price found support near the $684 level and started a recovery against the US Dollar. There was a break above a short-term bearish trend line with resistance at $705 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could continue to trade higher towards the next resistance at $740 in the ...

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What Has Caused the Bitcoin Price to Drop Below $7,000 in the Past 48 Hours?

Over the past 48 hours, the Bitcoin price has dropped by more than eight percent from $7,500 to $6,890, despite having seen some of the most positive developments in the history of the crypto market. Bitcoin 1-day price chart, provided by Cryptowat.ch OTC Sell-Off The vast majority of short-term traders and casual investors utilize cryptocurrency exchanges such as Coinbase, Bitfinex, ...

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