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Bitcoin (BTC) Is Not A Dirty Word Anymore

Bitcoin (BTC) is currently struggling hard to stay above the $8,000 psychological mark. The price seems to be defending well for now but it will most likely come down over the next few days to complete a long anticipated double bottom. This would also complete a pattern of three bounces which will result in a bullish impulse up ahead, most likely at the onset of the next week. Interestingly enough, Bitcoin (BTC) will also form a double bottom on the RSI during that time. The weekly chart for BTC/USD looks oversold but shows weakness for limited downside. Consensus 2018 concluded...

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Can ZCash (ZEC) Really Compete With Rivals, Verge (XVG) And Monero (XMR)?

ZCash (ZEC) is an old cryptocurrency that did not have a good start as can be seen in the chart above. A three figure price for ZCash (ZEC) appeared to be overvalued back then but it would also appear overvalued today, but for different reasons. ZCash (ZEC) rose to prominence as a privacy coin to be used as a substitute to Bitcoin (BTC) by those that value their privacy. Transactions made on Bitcoin (BTC) are open to the general public to be seen or interpreted as they see fit. On ZCash (ZEC) however, transactions are protected from public exposure. This...

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Cardano (ADA) Could Be Next On Coinbase Along With EOS (EOS) And Tron (TRX)

Cardano (ADA) is all set to enforce its mark in the smart contracts and Dapp development community. Recently, Charles Hoskinson of IOHK, who is also the founder of Cardano (ADA) mentioned in an interview that Cardano (ADA) will be bigger than Bitcoin (BTC) and Ethereum (ETH) in a year’s time. Cardano along with its South Korean partner, Metaps Plus seems eager to establish its foothold in Asian and African markets. Cardano Foundation, which looks after interests of the Cardano (ADA) Project, has been actively working in target markets to register Cardano and ADA trademarks. The Foundation believes that Cardano (ADA)...

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Decred (DCR) Leads By Example With Fair Governance

When Bitcoin (BTC) was first created the idea was to come up with a decentralized cryptocurrency that would be free of any external influence. Given the track record of government and financial in institutions, that idea was readily accepted by many and we saw cryptocurrencies surpass a market cap of $500 Billion. However, as time went by, many realized that there are some internal problems with most cryptocurrencies that are often neglected by the mainstream investor. At the core of those internal issues, lies the issue of governance. It is a serious problem which Decred (DCR) is determined to solve....

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Why Is Bitcoin (BTC) Falling Despite Consensus Excitement?

Bitcoin (BTC) currently trades at $8,357 after falling to$8,100 levels which held firmly. The price is now looking bullish short term and might continue trading in the rising wedge for the next few weeks. It is possible that the price falls below the wedge close to $11,000 levels validating the stance of most analysts. While Consensus this year was attended by over 8000 members and Lamborghinis were spotted in the vicinity of the conference, it does not mean that everyone will just up and buy on one particular day to drive the price up to new highs. It is usual...

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