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Ripple price rallied recently above the $0.2220 resistance, but failed near $0.2265 against the US dollar.The price currently declining and it is approaching the pre-rally level near $0.2100.There is a new bearish trend line forming with resistance near $0.2210 on the hourly chart of the XRP/USD pair (data source from
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The new dynamic in the litecoin market offers a lesson in the emerging economics of the fast-growing cryptocurrency and blockchain industry, which relies on networks of computers to confirm and record transactions, using a combination of incentives. Key inputs include the speed and efficiency of the data-mining computers, local electricity
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Taking a contrarian view, Morgan Creek Digital co-founder and prominent personality in the crypto space Jason Williams has described the upcoming Bitcoin halving event as a non-event. He made this known in a tweet early this week. Unpopular Opinion –Bitcoin halving in May 2020 won’t do anything to the price.
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Litecoin declined heavily after it failed to climb above $46.50 and $48.00 against the US Dollar.The price seems to be sliding towards the $42.20 and $40.40 support levels.There is a key declining channel forming with resistance near $45.50 on the hourly chart of the LTC/USD pair (data feed from Kraken).Bitcoin
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Ripple price is declining and it is now trading below the $0.2180 support against the US dollar.The price is trading in a downtrend and it seems like the bears are aiming $0.2000.This week’s major bearish trend line is still active with resistance near $0.2205 on the hourly chart of the
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Tuesday Dec. 3 — Most cryptocurrencies continue trading sideways, including Bitcoin (BTC) which has not been able to find higher trading levels in the past few days.Cryptocurrency market daily overview. Source: Coin360Bitcoin started the day at $7,344, at which point the world’s largest crypto coin found an intra-day low
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Since day one investors have been obsessed with the fact Ripple releases 1 billion XRP from escrow every month to sell directly to wealthy investors & institutions. This discounted XRP was sold directly to major institutional investors and organizations with proceeds going to the advancement of the XRP ecosystem. As usual, 1
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The plaintiffs in a class-action lawsuit accusing the Tether (USDT)-affiliated crypto exchange Bitfinex of Bitcoin (BTC) price manipulation have declined to amend their complaint.According to a court filing dated Dec. 2, the plaintiffs declined to make amendments to their complaint as a study conducted by John Griffin and Amin
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Disclaimer Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. This article is
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Ripple price is struggling to stay above the $0.2180 support area against the US dollar.The price is likely to face resistance near the $0.2230 and $0.2240 levels.Yesterday’s key bearish trend line is intact with resistance near $0.2230 on the hourly chart of the XRP/USD pair (data source from Kraken).Ethereum also
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