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Weiss Ratings Claim XRP is More Popular Than BTC

Even though Bitcoin is the most popular cryptocurrency across the globe, in the United States, it doesn’t match that of another crypto. Weiss Ratings has revealed that XRP is more popular in the US compared to Bitcoin. According to Weiss Ratings, XRP was more famous than Bitcoin in the US throughout 2018. They stated in an official tweet, “According to Google Trends last year, the number of US users searching for “how to buy #Ripple” was greater than the popular search engine query “how to buy #Bitcoin.” This should make #XRP fans happy.” This comes as a surprise to a...

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Sally Ho's Technical Analysis 7th April 2019

Bitcoin (BTC/USD) pushed higher during yesterday’s European session before weaker Longs exited their trades early in today’s Asian session.  BTC/USD reached 5244.04 before coming off, representing the 50% retracement of the 7402.50 – 3128.89 range. During the pullback, traders tested the 5176.07 level, representing the 38.2% retracement of the 8488.00 – 3128.89 range. Bids emerged just ahead of the 4911.81 area, representing the 23.6% retracement of the move from 5345.00 – 4778.00 range. Additional Buying pressure will spotlight key upside price objectives including 5733.84/ 5941.26/ 6393.93. Price activity is nearest the 50-bar MA (4-hourly) at 4602.00 and the 50-bar MA...

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More Than $1m Worth Of BTC Confiscated In Canada

On Wednesday, an alleged drug dealer named Matthew Phan was ordered by a Canadian judge to forfeit approximately $1.4 million worth of Bitcoin as part of an ongoing investigation. Superior Court Justice Jane Kelly ordered the suspect to hand over 281.41 Bitcoin. This comes after evidence showed he had been using the digital currency to buy weapons and illegal drugs on the dark web. The Toronto Star reported that Phan had pleaded guilty to attempting to import a gun and being in the possession of a number of illegal narcotics such as PCP, cocaine and ketamine in the December of...

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Sally Ho's Technical Analysis 6th April 2019

Bitcoin (BTC/USD) extended its recent run higher following its test and bounce above the 4761.41 level earlier this week, trading as high as the 5066.59 level during today’s Asian session.  As noted in our 4 April 2019 analysis, the 4761.41 area remains a key technical level, representing the 38.2% retracement of the 7402.50 – 3128.89 range. Traders were unable to take BTC/USD too far above the 5061.50 level, representing the 50% retracement of the 5345.00 – 4778.00 range. Short-term related upside technical Resistance is also expected around the 5128.41 and 5211.19 levels. Price activity is nearest the 50-bar MA (4-hourly)...

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Monero’s Spagni Suspects Bitcoin Got To Where It Is Today Due To Its Lack Of Privacy

On Thursday, Monero lead maintainer Riccardo Spagni appeared on an episode of Monero Talk. During the interview, Spagni made comments regarding the possibility that Bitcoin has been able to get to where it is today due to the lack of full anonymity provided by the peer-to-peer digital cash system. Satoshi’s Privacy Mistakes Monero Talk host Douglas Tuman asked Spagni about his thoughts regarding the greater cryptocurrency user base’s acceptance of Bitcoin as the gold standard despite its lack of privacy features. In his response, Spagni first discussed why Bitcoin lacks strong privacy in the first place. “[Bitcoin creator Satoshi Nakamoto]...

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