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Bitcoin Cash: Coinbase Release Research On BCH 51% Attack

Researchers at one of the biggest cryptocurrency exchanges in the world, Coinbase have released their own investigate findings into the recent controversy behind the Bitcoin Cash 51 percent attack, but it seems their finding may upset a few Bitcoin enthusiasts. Following the attack on Bitcoin Cash in mid-May, a group of miners colluded to reverse the attacked blocks and return misappropriated funds to their rightful owners. The Bitcoin Cash community came under fire from supporters of Bitcoin. Although according to a blog post published at the end of last week by Coinbase, the worldwide cryptocurrency platform ultimately saw good sense...

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Sally Ho's Technical Analysis 8 May 2019

Bitcoin Bitcoin (BTC/USD) was volatile early in today’s Asian session as the pair came off to the 5656.26 area, just above the 5650.01 level that it has bounced above several times in recent trading sessions. During yesterday’s European session, the pair raced higher to the 5974.51 level, its strongest showing since 14 November 2018. Price faded during yesterday’s European and North American sessions after stopping short of testing the psychologically-important 6000 area. Traders are paying very close attention to how BTC/USD reacts on pullbacks. Chartists are eyeing some new retracement levels including 5581.93/ 5463.76/ 5345.58, related to the 4963.00 –...

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“BCH will outperform BTC in the coming years” - Roger Ver

Bitcoin Jesus - or Roger Ver - has recently spoken in an interview with Coinspeaker where he spoke about Bitcoin Cash and the potential it has to outperform the leading cryptocurrency because it will allow the globe to use money in a sense that it won’t be able to be censored, stopped or regulated. Ver is well-known to be an outspoken advocate for personal freedoms and Bitcoin Cash and has spent the last (almost) decade investing in crypto related projects for building a future in which people will enjoy a kind of economic freedom that wasn’t possible before the advent...

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Sally Ho's Technical Analysis 7 May 2019

Bitcoin Bitcoin (BTC/USD) found some buying pressure early in today’s Asian session as the pair moved back to the 5750.00 level after declining to the 5651.00 area during yesterday’s North American session. Earlier in the North American session, the pair got as high as the 5753.66 level before spinning lower, a level that is right around the 23.6% retracement of the 5520.00 – 5831.39 range. Notably, BTC/USD was supported above the 5650.01 area during the brief pullback, previously a relative high dating to 23 April 2019. A move back above recent highs will spotlight the 5808.45 area, representing the 50%...

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Sally Ho's Technical Analysis 6 May 2019

Bitcoin Bitcoin (BTC/USD) reversed course and found some buying pressure during today’s Asian session with the pair climbing higher to the 5782.22 level after drifting sideways during yesterday’s European and North American sessions. Today’s intraday high was right around the 76.4% retracement of the move from 5831.39 to 5627.35 and a break above this area will open up the 5808.45 level, representing the 50% retracement of the 8488.00 – 3128.89 range. Yesterday’s pullback in BTC/USD saw the market move lower around the area that represents the 38.2% retracement of the move from 5265.61 to 5846.88. If the market is able...

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