Bitcoin (BTC) is trapped in a no man’s land between $6,200 and $6,600, technical charts indicate. The bear flag breakdown witnessed on Monday was supposed to yield a drop to $6,000 (February low). However, the trendline connecting the June low and Aug. 11 low spoiled the bear party. The leading cryptocurrency bounced off the trendline
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Advertisement According to Erik Voorhees, the CEO of popular cryptocurrency trading platform ShapeShift, the bear market of Bitcoin is crucial for building market foundation and infrastructure. He explained: “Bear markets are for builders. The calm, the quiet, the disillusionment. While the fickle and fair-weather peer around with nervous insecurity, the builders become the market’s foundation,
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Bitcoin Paper Wallet Beginners Tutorial. One of the most popular options for keeping your bitcoins safe is something called a paper wallet. I explain how to transfer all those digital coins into a physical paper form using just a printer. In this video, I will be specifically talking about bitcoin. However, the basic concepts apply
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Bitcoin’s (BTC) drop to five-day lows on Monday has likely emboldened the bears, technical studies indicate. The leading cryptocurrency traded in a sideways manner over the weekend, neutralizing the immediate bullish outlook. However, the consolidation was expected to end with an upside break, as the short-term moving averages (MAs) turned bullish on Saturday, adding credence
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The price of ether (ETH), the world’s second-largest cryptocurrency by market capitalization, sank nearly $30 today, effectively erasing half of the 35 percent rally recorded last week. At press time, ETH is trading across exchanges at an average price of $196 – down $28 and 11 percent on a 24-hour basis, according to CoinDesk’s Ether
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Internet security provider Cloudflare is introducing a new product to help users more easily access the InterPlanetary File System (IPFS), the decentralized storage protocol developed by Protocol Labs. In a blog post Monday, Cloudflare announced it was launching a “Crypto Week,” where it will announce “support for a new technology that uses cryptography to make
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I discuss the potential future for Bitcoin price action and review my previous trade on Litecoin #LTC and Ripple #XRP. Also speak briefly about potential Ethereum #ETH. ***New Public Discord*** – https://discord.gg/xJ6JpBc Google Spreadsheet – https://tinyurl.com/y9ht83j2 Twitter – https://twitter.com/ItsMeOhHeyMatty Disclaimer – The information presented in this video is based on publicly available information. Presented information
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Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. The virtuous circle that saw buyers of ethereum-based ERC-20 tokens drive ether’s price above $1,400
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