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Insane, Easy, But Worth It?: Why Bitcoin Browser Mining Is Becoming Wildly Popular And Might Pay Off For You

If you have ever been curious about Bitcoin mining and are concerned that the ship has sailed to successfully profit from your ventures, for many this might be the case if you’re seeking to collect entire Bitcoins for little time, energy and effort. Some, however, have turned to bootstrapping methods to get every little bit of Bitcoin they can. How are they doing so? With a Google Chrome-based browser called CryptoTab. CryptoTab runs off of chromium, is for desktop and mobile, and feels exactly like using Google Chrome. The developers boast that CryptoTab is a fast browser that will mine...

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Sally Ho's Technical Analysis 13 May 2019

Bitcoin Bitcoin (BTC/USD) settled down after this weekend’s major thrust higher to levels not seen since August 2018. After trading as high as 7581.82 during yesterday’s European session, the pair receded to the 6755.00 area during yesterday’s North American session and then traded as high as the 7178.79 area before coming off early in today’s Asian session. The pair has been hovering around the 50-bar MA (hourly) for the last several hours. The pair has also orbited the 6963.01 level during the last several hours, representing the 23.6% retracement of the move from 4959.73 to 7581.82. Notably, the pair was...

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Bitcoin (BTC) Finally Inflicts Maximum Pain On Bears, Bulls Next In Line

Bitcoin (BTC) has made a new yearly high close to $7,600 but the price has now retraced sharply from there and is currently trading in the $7,100s. It is quite clear that this rally took both the bulls and the bears by surprise. This is because there was not enough real buying interest in the market to make this happen and both sides were aware of that. However, what most of them did not realize was the game at play, which was a shakeout. Before a market sees a trend reversal, it has to inflict maximum pain. This pain has...

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WeChat Subtly Banned Crypto Fundraising

WeChat is an app in China that is a multi-purposing in messaging, social media and mobile payment app developed by Tencent. Essentially, the app is the Chinese equivalent of WhatsApp and it has recently updated its terms of service to ban merchants from fundraising by using tokens or cryptocurrencies Last month, WeChat has subtly revised its policy which will take place on 31st May. merchants violating the update will have their accounts terminated, which you can see below. Urgh, Wechat just updated its payment policy .. merchant can’t serve any token issuance/fund raising or crypto trading activities, otherwise account will...

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Sally Ho's Technical Analysis 12 May 2019

Bitcoin Bitcoin (BTC/USD) exploded higher late in yesterday’s North American session and traded as high as the 7464.13 area before some profit-taking ensued early in today’s Asian session, pushing the pair back to the 6900.00 figure. As we predicted in recent analyses, chunky Stops were elected above the 7343.17 area, representing the 61.8% retracement of the move from 9948.12 – 3128.89.  Major Stops were also elected above the 7223.25 level during the move higher, representing the 76.4% retracement of the move from 8488.00 to 3128.89. Stops were also triggered above the 7402.50 area, a relative high dating to 4 September...

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