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Bitcoin (BTC) Struggles To Break Past $8,100 As It Begins The Day In Red

Bitcoin (BTC) struggles to break past $8,100 as price begins the day in red and declines sharply after testing the 38.2% fib retracement level. The price has now formed a triple bottom on the 1H time frame but we have yet to see BTC/USD climb above the 38.2% retracement level. That being said, the price has already tested the bottom of the rising wedge it has been trading in and is now primed for further upside. We might see sideways movement for a while before we see any big moves to the upside but BTC/USD is now in a far...

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The International Payments Industry Is Hot! How Will 2019 Compare?

For those of us who’ve ever found ourselves in the position of having to send money overseas to family or for a small business payment, we’ve all felt the dread of having to deal with banks and wire transfers. Most traditional banks charge relatively high fees on international money transfers and payments for decades now, as well as not being transparent with exchange rates and while that is still a factor in certain markets, that’s certainly not the case today in many countries in the world. The rate of growth that some fintech money transfer companies have experienced over the...

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Tom Lee: Bitcoin To $40k Following $10k Mark

The co-founder of Fundstrat Global Advisors, Tom Lee has recently come out with a brand new prediction for the leading cryptocurrency, Bitcoin. This is an interesting one though. Lee’s prediction is that Bitcoin will see the $40k mark within just five months of it hitting the $10k range. Now I’m aware that Bitcoin hasn’t hit the $10k mark this year just yet, but it is a highly anticipated benchmark for the flagship cryptocurrency. Not to mention it would be a pretty big indicator that the market is in recovery mode. During an interview with the CFO of Binance, Wie Zhou...

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Is EOS Centralised? Weiss Ratings Downgrade Project Amongst Worries Of Central Gains

One of the biggest independent financial ratings agency, Weiss Ratings has downgraded EOS amid growing concerns in regards to centralisation. Earlier this year, on March 25th, the chief technology officer at Block.one revealed that on June 1st, EOS would be making the biggest announcement ever since EOSIO was launched. #B1Junehttps://t.co/SWnpm3aFmI pic.twitter.com/zUCBbcKKOx — block.one (@block_one_) March 25, 2019 Just one day before the event, May 31st, the previous Chief Community Officer of Everipedia and founder of Genius.com, Mahbod Moghadam took to Twitter to say that EOS could be on the verge of releasing a social network that will be developed on...

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Why Generating Random Numbers On A Blockchain Is Harder Than You Think

To the layperson, randomness may not be as obviously useful as predictability. After all, the human tendency is to create order from chaos. However, in some contexts, randomness is not just desirable, it’s essential. There are plenty of everyday situations where random selection is a factor for success. Examples include medical trials, jury selection, or market research surveys, to name a few. Gambling is another case in point. Whether physical gaming or online, gambling depends on a roll of the dice or a shuffled card deck to introduce the element of randomness. If there is any bias in favor of...

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