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Meanwhile, Luke Dashjr, veteran bitcoin coder, argued on Twitter that there are other aspects of mining centralization that still need to be addressed. For example, the fact that only a handful of companies produce mining hardware, the computers made specifically for producing bitcoin, is also a grave threat to decentralization. Source
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Ethereum is declining and it recently failed to recover above the $155 resistance against the US Dollar.Bitcoin price is now trading well below the $7,000 level and tested the final $6,500 bearish target.There is a key bearish trend line forming with resistance near $147 on the hourly chart of ETH/USD
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Ripple price is gaining momentum and it recently climbed above $0.3000 against the US dollar.The price traded towards the $0.3050 resistance area and it is currently correcting lower.Yesterday’s highlighted key bearish trend line was breached with resistance near $0.2940 on the hourly chart of the XRP/USD pair (data source from
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Ethereum price is rising steadily and trading well above the $188 support against the US Dollar.Bitcoin is facing hurdles near $9,500, but it is likely to continue higher in the near term.There is a new bullish trend line forming with support near $187 on the hourly chart of ETH/USD (data
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Ripple price is climbing higher and it recently surpassed the $0.2950 resistance against the US dollar.The price is moving towards $0.3000 and it could rally sharply above $0.3020.There is a rising channel forming with support near $0.2940 on the hourly chart of the XRP/USD pair (data source from Kraken).The price
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The total crypto market cap is climbing higher and it may soon break the $265.0B resistance.Bitcoin price is now trading nicely above the $10,600 level, with a positive angle.EOS price is currently consolidating near the $3.300 level.Binance Coin (BNB) is gaining momentum and is currently trading above the $22.25 level.BCH
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ETH price is still struggling to gain momentum above the $180-$181 resistance area against the US Dollar.The price is slowly moving lower and it could decline further towards the $174 support area.A major bullish trend line is at risk with support near $178 on the hourly chart of ETH/USD (data
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