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Ethereum (ETH) Dominance Continues To Rise Amid Serious Price Manipulation

Ethereum (ETH) and other altcoins have been on a roll for the past few days. In the weeks and months leading to this strong rally or staged pumps, the altcoin market suffered a lot. The daily chart for Ethereum Dominance (ETH.D) shows how Ethereum (ETH)’s dominance had been in a steady decline. It made sense to see some short term relief but now this rally has gone too far too soon which ends in blood for the average trader most of the time. It is very alarming that people are this bullish on altcoins when Bitcoin (BTC) is ready to...

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What Banks Are Driving Crypto Adoption In 2019?

Due to legal and regulatory uncertainty, the majority of traditional financial institutions have been unwilling to offer banking services to cryptocurrency-related companies. However, this trend is slowly starting to change in 2019, with several smaller banks attempting to take advantage of the potential benefits that the cryptocurrency industry offers.  Below are five of the most crypto-friendly banks that are helping to support the industry. Metropolitan Commercial Metropolitan Commercial is a relatively small community bank but through its support of cryptocurrencies, managed to triple its profits in the first quarter of 2018 compared to Q1 of 2017. In an interview with...

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Reasons Why Bitcoins Are Still Going To Be A Trend In The Future

The year 2019 proved that Bitcoin is not going to simply be a bubble that would pop despite negative feedback from critics and so-called crypto experts. Although predictions may vary from good to bad, it's up to you to measure the authenticity of those reviews. What's important is to validate every information that you read.  Some may think that Bitcoin is not a good investment while many still see Bitcoins as a trend in the future. Here are some of the reasons why: Worldwide Acceptance Since large investors have entered Bitcoin trading or investments, a lot of companies have also...

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Bitcoin (BTC) Remains At Risk Of A Sharp Decline Below $10,000

Bitcoin (BTC) remains at sharp risk of a decline below $10,000. We are very close to seeing a break out of the symmetrical triangle. Those that are bearish expect this break to the downside and those that are bullish expect it to be to the upside. Regardless of that, the breakout is going to happen soon. The price is currently trading below key resistance levels and before it breaks past those levels we have no reason to be bullish. As we can see on the 4H chart for BTC/USD, the price is trading well below the 38.2% fib retracement level...

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Former CFTC Chairman Teams Up with Digital Chamber Trade Group

The ex-chairman for the Commodity Futures Trading Commission (CFTC), J. Christopher Giancarlo has joined the advisory board to the Chamber of Digital Commerce, a trade group focused on blockchain and crypto policies in the United States. Giancarlo, otherwise known as Crypto Dad, was at the front of the CFTC for two years following a three-year position as a commissioner with the agency. Under his watch, the CFTC allowed the first bitcoin futures products to enter the industry. Whilst at the helm, Giancarlo most notably received the nickname Crypto Dad after he told the United States Senate Banking Committee that “‘do...

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