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BTC/USD Eyeing 12000 Again: Sally Ho's Technical Analysis 16 August 2020 BTC

Bitcoin (BTC/USD) continued to set its sights on the 12000 figure early in today’s Asian session after traders lifted the pair from the 11688.00 area during yesterday’s North American session, right around the 200-hour simple moving average.  Some demand was later seen around the 11784.66 area, representing the 23.6% retracement of the recent appreciating range from 11120 to 11989.98.  Traders stopped just short of pushing the pair above the psychologically-important 12000 figure during yesterday’s Asian session.  One range that has influenced recent price activity is the recent appreciation from 11546.15 to 12086.22, and traders are observing that buying activity emerged during a...

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Mobius Crypto Announces Cooperation with Atlas Capital

As the world’s interest is currently towards decentralizing the financial market, Mobius Crypto plans to fulfill that through using blockchain and artificial intelligence to redefine decentralized finance (DeFi). Financial freedom and independence from traditional institutions and banks is only reliable through Mobius. There are currently several different platforms that intend to provide an alternative for bank services, however, their systems are not suitable for a long run and are extremely vulnerable due to volatility of cryptocurrencies. The capital pool of these platforms will result in negative balance without proper planning. As Mobius Crypto solves problems of traditional banks and existing...

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Is there any cryptocurrency that could replace bitcoin in the couple years?

As many people know, bitcoin is the biggest Cryptocurrency in the market and for at least the next few years, it will continue to be so.  Since bitcoin came into existence, the world of Cryptocurrency has changed like no other.  As many people know, bitcoin is the biggest Cryptocurrency in the market and for at least the next few years, it will continue to be so. Since bitcoin came into existence, the world of Cryptocurrency has changed like no other. There are more than 5000 alternative currencies now that have been created and released into the world and they all...

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ETH/USD Absorbs Stops Around 437.31: Sally Ho's Technical Analysis 15 August 2020 ETH

Ethereum (ETH/USD) was pressured lower early in today’s North American session as the pair depreciated to the 428.00 area level after trading as high as the 445.45 area earlier in yesterday’s North American session after Stops were elected above the 437.31 level. Traders boosted ETH/USD during the Asian session, electing Stops above the 418.79 and 425.31 areas en route to a fresh 2020 high around the 432.94 area. The 396.69 area remains an important technical level, representing the 23.6% retracement of the historical depreciation from 1419.96 to 80.60.  Stops were recently triggered below the 380.40 area, representing the 23.6% retracement...

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New York-based financial banks now allowed to list Binance USD on their platform

Financial institutions in New York are now able to list and custody Binance USD following approval by the New York financial Department of financial services.  This is a great milestone for the token and the platform. Financial institutions in New York are now able to list and custody Binance USD following approval by the New York financial Department of financial services. This is a great milestone for the token and the platform. The New York department updated its list to greenlight certain assets including the new Binance USD listing. This will mean that banks will be able to go ahead...

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