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Ripple failed to stay above the $0.2740 support and extended its decline against the US Dollar. XRP price is currently testing the key $0.2650 support and it could correct higherRipple price is down 3% and it traded below the $0.2740 support against the US dollar.The bulls are currently protecting the
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Bitcoin Price Zig-Zagging Between $8000 and $10000 As the Market Takes Profit February 18, 2020 by Ramiro Burgos Bitcoin price and alt-coins have been in a sideways pattern this past week while the market takes profits. Intermediate support can be seen at $8000, setting a zig-zagging distribution area that could
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Ethereum jumped to a new 2020 high at $278 before correcting lower against the US Dollar. ETH is now consolidating and it is likely to continue higher above $275.Ethereum seems to be struggling to clear the $275 resistance area against the US Dollar.The price is currently consolidating gains above the
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China has been leading the way when it comes to digital payments by average consumers in the country. While such payments in the United States like Apple Pay are becoming more widely accepted, in nearby Japan such methods are still relatively rare. Alipay has been offering residents of China
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ViewBitcoin's ongoing pullback could be extended further to the former resistance-turned-support of $9,586. Acceptance below that would expose the next base at $9,188.A UTC close below $9,075 (Feb. 4 low) would invalidate higher lows on the daily chart and confirm a short-term bearish reversal. The case for deeper pullback would
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Bittrex has insured digital assets held in its cold (or offline) storage to up to $300 million, the highest coverage yet offered by a cryptocurrency exchange. The company announced the news Thursday, saying it has obtained digital asset insurance that will protect users' holdings in cases of "external theft and
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Chicago exchange CME Group has announced its highly-anticipated bitcoin options are now open for trading.Options on CME's bitcoin futures contracts launched on the CME Globex around 15:00 UTC Monday. Each contract, quoted in U.S. dollars, represents five bitcoin and is cleared centrally to avoid counterparty risk. CME relies on trade
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A strict new regulatory regime is dawning upon European firms handling cryptocurrency.Friday marks the deadline for the European Union’s 28 member nation-states to adopt the Fifth Anti-Money Laundering Directive or AMLD5. The new rules require crypto exchanges and custodial service providers to register with their local regulator, and demonstrate compliance
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Micree Zhan, the former executive director of Bitmain Technologies Ltd., is yet poised to achieve his goal of ‘restoring order’ in the crypto mining firm. Standing adamantly by his social media post in November last year – when the news of his ousting came out – Zhan is ready to
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Ethereum is down 5% again today and it broke the $130 support area against the US Dollar.The price is now trading near key support levels such as $120 and $122.There is a short term bearish trend line forming with resistance near $126 on the hourly chart of ETH/USD (data feed
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