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Ripple (XRP) Remains Heavily Oversold Against Bitcoin (BTC)

Ripple (XRP) remains heavily oversold against Bitcoin (BTC) but there does not seem to be adequate hope of a trend reversal. The weekly chart for XRP/BTC shows the current weekly candle stuck between the 50 week moving average and the 61.8% fib extension level. If the price fails to break above this level by the end of the week, we could expect it to fall below the 50 week moving average as early as next week. This decline could pull the price all the way to the 127.2% fib extension level in the weeks ahead from where the price would...

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How Litecoin Differs From Bitcoin

So here’s a question for you, are Bitcoin and Litecoin the same? An interesting concept but both Bitcoin and Litecoin, superficially share a lot of the same features and ideas. With state fiat currencies like the US dollar and the Euro depending on political and legitimate structures for esteem and authenticity, computerised monetary standards depend on the cryptographic trustworthiness of the system itself. Even so, both of these cryptocurrencies have vastly different outlooks and there are still some significant differences between the two protocols. Supply One of the big differences between the two cryptocurrencies is the the supply of them....

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Bitcoin (BTC) Traders Concerned As Volatility Continues To Decline

Bitcoin (BTC) volatility has once again got traders concerned as the price has been relatively stable over the past few weeks with no clear direction. The sell pressure on BTC/USD has yet to subside as a large number of bears still believe the price to fall in the days ahead. However, for traders a decline in volatility means less trading opportunities. If the price trades in a tight range for a long time, there is not much to do. Similarly, investors are concerned that the price could rise or drop sharply without giving them enough time to prepare for such...

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Square Looking For New Work As Dorsey Says “There’s No Centralized Control”

Based in the United States, Square is hiring cryptocurrency engineers and is offering to pay them in digital currency, according to a tweet published by the CEO of Twitter and Square Jack Dorsey. In the tweet, Dorsey announces that “Square is hiring 3–4 crypto engineers and one designer to work full-time on open source contributions to the Bitcoin/crypto ecosystem. Work from anywhere, report directly to me, and we can even pay you in Bitcoin!” Dorsey further commented that the decision to pay employees in cryptocurrency is based on the intention “to make the broader crypto ecosystem better,” thus contributing to...

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Avnet & BitPay: Where Adoption Could Go From Here

Avnet is one of the biggest electronic component distributors in the United States and with more than $17 billion in revenue, you can see the company is doing well. The capitalised Fortune 500 firm has recently teamed up with the Bitcoin and Bitcoin Cash payment processor BitPay and because of this tactical move, Avnet is the third major corporation in the United States to accept crypto payments after Microsoft and Dell. “When a customer elects to purchase with Bitcoin (BTC) or Bitcoin Cash (BCH), Avnet will work with BitPay to verify the funds, process the order and complete the transaction....

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