NEWS

Ethereum Price Technical Analysis – ETH/USD Facing Crucial Resistance

Key Highlights ETH price started a decent upside recovery after trading as low as $753 against the US Dollar. There is a major bearish trend line with resistance at $1065 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is struggling to break the $1070 and $1085 resistance levels and is slowly moving ...

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Autopsy of the Bitconnect Implosion: Ponzi, Centralization, Governance

Ponzi lending smart bot scam Bitconnect finally did what most sane observers predicted long, long ago. It went splat. And it didn’t collapse due to government pressure, nor flurries of bad press, and certainly not from DDoS hacking attacks. The story is more of a ballad, a great object lesson, and it is the lie proving...

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Cryptocurrency Trading Bots

Trading bots are computer programs that use various indicators to recognize trends and automatically execute trades. While algorithmic trading software has been used by hedge funds in the equity, commodity and currency markets, trading bots for private investors first appeared in the foreign exchange trading space. The...

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Bitcoin Cash Price Technical Analysis – BCH/USD Holding on to Gains

Key Points Bitcoin cash price recovered well from the $1340 low to well above $1700 against the US Dollar. However, this week’s highlighted crucial bearish trend line with current resistance at $1900 is preventing gains on the hourly chart of BCH/USD (data feed from Kraken). The pair needs to overcome selling pressure...

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LTC/USD Consolidating After Dropping to Key Fibonacci Level

Litecoin was not immune from the cryptocurrency bloodbath this week. It dropped 50% from its all-time high and confirmed below the daily Ichimoku cloud. Here is a quick overview. LTC/USD Price Action After reaching the all-time high level of $420 in mid-December, LTC/USD started a brand new downtrend. It has been mainl...

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New York Stock Exchange (NYSE) Owner to Launch Bitcoin Data Service

At the end of 2017, signs that Bitcoin was making the jump from a currency used and held only by technology and decentralization enthusiasts to a mainstream asset started to hit the press. The launch of Bitcoin futures on two of the major futures exchanges served up an opportunity for traders and investors that wanted...

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Bitcoin Price Technical Analysis for 01/19/2018 – Sellers Returning?

Bitcoin Price Key Highlights Bitcoin price looks ready to resume its slide as the descending trend line on the 1-hour time frame is keeping gains in check. This lines up with Fibonacci retracement levels that add to its strength as a ceiling. A continuation of the selloff could lead to a test or break of the lows near...

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US Sheriffs Welcome $1.7 Million Windfall After Students Plead Guilty to Stealing 5,400 BTC

Two Jacksonville students are facing up to two decades behind bars after pleading guilty to stealing $4 million worth of bitcoin. The pair hacked darknet site Sheep Marketplace in 2013 and made off with 5,400 BTC. Under forfeiture laws, Nassau County Sheriff’s Office will share in a $1.7 million windfall. Also read: U...

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Dash Funds Blockchain Research at Arizona State University

Blockchain research is set to get a cash injection from Dash as the cryptocurrency collaborates with the Arizona State University’s Blockchain Research Laboratory. As blockchain awareness continues to grow, more and more industries are realizing that it could be a viable solution in their business. However, as with an...

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Neo Approaches Record High But Centralization Concerns Persist

After gaining 2,300% in six months and launching a string of eagerly anticipated ICOs, Neo is quite the success story. It’s that rare thing in the crypto space: a blockchain that’s actually seeing use. A bitcoin price equivalence of $580 per token (if Neo had a 21m supply) suggests there’s still plenty of room to grow....

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Seven day votes 28
Bullish

21

Bearish

7

IN BRIEF