Cryptocurrency Analysis and News Portal
Photo: Grayscale Investments / FacebookAmerican digital asset manager Grayscale Investments has disclosed that it managed to gain regulatory approval from the Financial Industry Regulatory Authority (FINRA) to open its Ethereum Trust for the over-the-counter (OTC) markets under the trading symbol ETHE for retail investors.ETHE, that was launched and funded by
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By CCN: Throughout the past three years, the bitcoin price has demonstrated relatively large pullbacks averaging 30 percent following a large upside rally.$BTC 30%+ pullback coming?Yes, eventually. If history repeats, there should be plenty of strong pullbacks on the way to next peak ATHThere were at least nine 30%+ pullbacks
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Bitcoin price declined recently and tested the key $7,500 support area against the US Dollar.The price rebounded and traded above the $7,780 and $7,850 resistance levels.Yesterday’s highlighted key declining channel is acting as a barrier near $7,980 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair
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The total crypto market cap found a strong support near $122.0B and recently climbed higher.Bitcoin price bounced back above the $7,700 and $7,800 resistance levels.Bitcoin cash price gained a strong bullish momentum and jumped back above $400.EOS price is recovered above the key $6.00 and $6.05 resistance levels.Stellar (XLM) price
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Ripple price declined recently below the $0.3840 and $0.3750 support levels against the US dollar.The price tested the $0.3610 support area and it is currently correcting higher towards $0.3840.There is a key bearish trend line forming with resistance near the $0.3840 level on the hourly chart of the XRP/USD pair
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ETH price decline recently and retested the key $231 support area declined against the US Dollar.The price started a decent rebound and recovered above the $240 and $242 levels.There is a major bearish trend line forming with resistance near $248 on the hourly chart of ETH/USD (data feed via Kraken).The
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Ripple (XRP) sinks 4.1 percentCollaboration with traditional banks will cement Ripple Inc’s position as a provider of SWIFT alternativeThe casual handling of Coin Metrics report could end up biting Ripple, that’s according to a crypto advocate Fernando Nieto. At spot rates, Ripple (XRP) is back to consolidation as bears flirt
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Bitcoin (BTC) rangingBrian Kelly says his fund is hoarding BTC ahead of next year’s halvingIt’s a sea of red in the top-10 and Bitcoin is down 4.8 percent from last week’s close. However, that doesn’t imply weakness because Brian Kelly, a crypto fund manager, says many are hoarding in expectation
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By CCN: On CNBC’s Fast Money, Morgan Creek Digital founder and CEO Mark Yusko, said that bitcoin makes a great diversifying asset in a stocks portfolio and that every investor should invest in the dominant cryptocurrency.Hedge fund vet @MarkYusko says bitcoin is a better bet than stocks. pic.twitter.com/mbnwGJUmNi— CNBC's Fast
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Bitcoin price is currently under pressure below the $7,800 support area against the US Dollar.The price declined recently and it is currently trading just above the $7,500 support area.There is a major declining channel in place with resistance at $8,000 on the hourly chart of the BTC/USD pair (data feed
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