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TRX Starts 2019 Off With A Bang As BTC & ETC Fall Victim To New Year

As we move further into the new year, we are starting to see some crypto projects really stand out as contenders for 2019. More than any others, TRON TRX - a cryptocurrency backed by a project that promises the most exciting growth during 2019. On the other hand, some other projects haven’t started the new year with quite the impact they would have hoped, namely Bitcoin, the world’s leading cryptocurrency and Ethereum Classic, the ever popular Ethereum spinoff, which has fallen victim to quite a large scale hack during the past week. Before we continue, let’s just note that the...

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What Could Push Bitcoin To $5k?

The investor, businessman and founder of DoubleLine Capital, Jeff Gundlach has advised traders and investors in a recent webcast to stick by the firms which have strong balance sheets according to reports which have surfaced this week. Gundlach has suggested that the steepening bond yields will, over time, make a negative impact on stocks in 2019. The founder is also a believer in if a bullish move occurs then we could be seeing Bitcoin reach reaching $5,000 once more. Risky Bitcoin In 2019 alone, Bitcoin could gain up to 25 percent in value, pushing the price of the leading cryptocurrency...

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Binance’s Trust Wallet Finally Adds Bitcoin Support

Trust Wallet has recently announced that it will be supporting Bitcoin, Bitcoin Cash and Litecoin on both its iOS and Android version of the wallet. To add to this, support for more coins has been promised during the next two weeks. Binance’s “official” wallet which was originally released in October 2017 for Android and was gained by the cryptocurrency platform in July 2018. At the time the CEO of Binance, Changpeng Zhao said, “the users control 100 percent of their funds... Now we have both a decentralized and centralized solution for custody.” In regards to the acquisition, Binance said, "the...

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Ethereum (ETH) Declines To 5 Week EMA Against Bitcoin (BTC)

Ethereum (ETH) drops to the 5 Week EMA against Bitcoin (BTC) but it could fall further to test the 21 Week EMA. That level is not likely to be breached and the price is expected to begin a recovery from there. The support we currently see for ETH/BTC on the weekly chart goes way back before 2017 when it was once a resistance. The price successfully pierced through this level in March, 2017 and this resistance turned into a long term support that the price successful tested once in December, 2017 and then again in December, 2018. Both of these...

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Would Bitcoin (BTC) Profit Off The Imminent ‘Collapse’ Of The US Dollar?

Bitcoin (BTC) is losing ground at the moment and appears to be in no shape to defend itself if major markets begin to crumble as a consequence of the US Dollar collapse. However, we have reasons to believe that it is going to be one of the top beneficiaries of the next global financial crisis. Even if we don’t go into detail of other causes and effects, we can clearly see that a fall in the value of the US Dollar (USD) is going to mean a rise in the value of Bitcoin (BTC) calculated in dollars. However, our analysis...

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