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Winklevoss: “The future of money is being built before your eyes”

There are a lot of big institutional players coming into the industry. With giant firms starting to look to crypto for the future of their business, some big names in the space like Tom Lee and the Winklevoss Twins have started to say that Bitcoin is “digital gold”, a subject that they have all pushed in the past. But now, they agree that it is the right time to actually get involved instead of sitting on the sidelines. Experts in Bitcoin and the founders of Gemini, Tyler and Cameron Winklevoss were praised for their achievements in rowing as they competed...

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Sally Ho's Technical Analysis 23 May 2019

Bitcoin Bitcoin (BTC/USD) depreciated sharply early in today’s Asian session, trading as low as the 7506.12 level following selling pressure that commenced during yesterday’s European session and continued through yesterday’s North American session. Today’s intraday low is just above the 50% retracement of the move from 8388.00 to 6600.00. Stops were elected below the 50-bar MA (4-hourly) at 7793.43 during the move lower, with additional Stops reached below the 7605.43 area during the descent, representing the 23.6% retracement of the 5072.01 – 8388.00 range. Given the pullback, traders are evaluating areas of possible technical Support on the downside. Below the...

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Stellar (XLM) Nosedives Below 200 Day MA, Eyes A Decline Below $0.12

Stellar Lumens (XLM) has just nosedived below the 200 day moving average and is now likely to decline all the way towards the 50 day moving average and eventually lower to test the next support. The daily chart for XLM/USD shows that the price has failed to close above the resistance at $0.147. It did paint a wick well above it but the daily candle ended up closing below that level soon afterwards. RSI on the daily time frame points to increasing risk of a sharp decline at least below the $0.12 mark and very likely below $0.10 as the...

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Craig Wright Copyrights Bitcoin Whitepaper

The self-proclaimed Satoshi Nakamoto, Craig Wright has filed copyright registrations for the Bitcoin whitepaper and the original Bitcoin code with the US Copyright Office. The office has seen Wright as an author, making it the first government agency to do so. Wright = Satoshi? The crypto industry, like most industries, isn’t one that can escape controversy and Craig Wright is no exception. Wright saw his claims to the crypto throne (not the iron throne though) culminate this week after he was granted copyright claims to the original Bitcoin whitepaper and software code. According to the official website of the US...

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Ethereum (ETH) Might Retest $280 But Long Term Outlook Remains Bearish

Although quite unlikely, it is possible that ETH/USD might test the $280 level again and even rally towards $300 before beginning its next decline. That being said, it is not a good idea to take that trade as the risk/reward is definitely not worth it. The 4H chart for ETH/USD shows that the price is trading within a descending channel and an ascending triangle at the same time. The perfect scenario for the whales if they can pull it off would be to pump the price above the ascending triangle first to trap in retail bulls and hunt the bears....

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