Cryptocurrency Analysis and News Portal
According to an announcement made on Twitter by venture capitalist Dovey Wan on August 14, 2019, the recent dump in bitcoin price is due to a mass liquidation of 200 thousand BTC by collapsed China-based Ponzi scheme PLUS Token. The Big Scam In the last 72 hours, the price of bitcoin has
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Bitcoin price started an upside correction after trading as low as $9,483 against the US Dollar.The price is facing a strong resistance near the $10,350 and $10,400 levels.There is a major bearish trend line forming with resistance near $10,290 on the hourly chart of the BTC/USD pair (data feed from
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Senior analyst at market strategy and sector research company Fundstrat Global Advisors Tom Lee is confident that Bitcoin (BTC) became a genuine safe haven for investors.When asked directly “whether Bitcoin is a genuine safe haven” during an interview on the Fox Business channel on Aug. 15, Lee confirmed his
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The total crypto market cap declined to $242.0B and is currently correcting higher.Bitcoin price is currently correcting higher and is trading above the $10,200 level.BCH price stayed above the $300 support and it is currently near the $310 level.EOS price is currently consolidating above the key $3.500 support area.Stellar (XLM)
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The Takeaway: QuadrigaCX’s former users are running out of patience with Miller Thomson and EY, the court-appointed companies tasked with recovering their missing funds. The users want more transparency into EY’s investigation of Quadriga’s missing funds, as well as a
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Developers of the private transactions cryptocurrency PIVX replied to crypto consulting firm Lunar Digital Assets regarding claims its blockchain was vulnerable to a bug. In a reply published on Aug. 13, PIVX developers addressed claims made by Lunar Digital Assets CEO Han Yoon. They argued that there has been no
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Ripple price trimmed losses after it traded as low as $0.2336 against the US dollar.The price is currently trading above the $0.2500 pivot level with a few positive signs.A major contracting triangle pattern is forming with resistance near $0.2670 on the hourly chart of the XRP/USD pair (data source from
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ETH price declined to a new monthly low at $173 and recently recovered against the US Dollar.There was a break above the $180 and $182 resistance levels.This week’s followed major bearish trend line is in place with resistance near $202 on the hourly chart of ETH/USD (data feed via Kraken).The
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Global staffing company Kelly Services announced a strategic partnership with online blockchain-based hiring platform Moonlighting.As Forbes reported on Aug. 14, Kelly Services will deploy Moonlighting’s blockchain-enabled hiring platform in a bid to streamline internal processes such as secure uploading of job seekers’ profiles and their distribution among various platforms.
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Dash has released Dash Core v0.14.0.3, a new version of the wallet and P2P client for its cryptocurrency DASH in light of recent transaction spikes on its mainnet. Security upgradeDash Core announced the news in an official blog post on Aug. 15. According to the announcement, Dash was hit with
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