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Ethereum (ETH) Breaks Above Critical Resistance But Still Risks Major Sell-Off

Ethereum (ETH) has just broken above a critical resistance that it had been constantly testing for the past few weeks. This is the $144.23 level which initially served as a temporary support around mid-February but soon turned into a strong resistance when the price broke below it. The price has tested it ever since but had failed to break past it so far. This time, ETH/USD has successfully broken above this level and the bulls are calling for a rally towards $170. Now, the reason most amateur traders in this market say technical analysis does not work is because they...

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What To Do This Altcoin Season

Before we begin, please note that this is not investment advice and we are not investment advisors, rather we are just trying to offer some insight into some possibilities that could occur as a result of ‘Altcoin Season’, a phenomena that occurs when altcoins start to shoot up away from the trend of Bitcoin - some investors call it a pump and dump, but this might not always be the case. Remember that investing in any cryptocurrency is a risky business, all cryptocurrencies are volatile and are subject to dramatic price changes, therefore you should only invest what you can...

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New York Times Could Launch Huge Blockchain Experiment

The second largest newspaper in the United States and often cited as one of the largest newspapers in the world, the New York Times has recently announced that they could be due to start experimenting in the use of blockchain technologies in order to make their publishing operations more efficient. This news comes after the New York Times allegedly published a new job posting that suggests the firm are looking for an in-house person to design and develop a blockchain based technology (using proof of concept) for news publishers. This, if indeed this is a plan for the New York...

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Ethereum Classic (ETC) Poised For A Rally Past $5 As Price Holds 50 Day MA

Ethereum Classic (ETC) has once again demonstrated a lot of strength as the price has held strongly above the 50 day moving average. In fact, as the daily chart for ETC/USD shows, we have seen a rally to the upside the past 48 hours. This rally is likely to continue towards the top of the symmetrical triangle in the days ahead. Like most other cryptocurrencies, Ethereum Classic (ETC) has also neared overbought territory on the weekly time frame and the price will soon have to come crashing hard after a short term rally to the upside. The next decline in...

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The Bridge Between AI And Bitcoin

There are clear comparisons that can be made between Artificial Intelligence and Bitcoin, as well as other cryptocurrencies. Generally speaking, in itself the blockchain is a primary form of artificial intelligence, as it is able to make decisions and does include some aspects machine based learning, though in the future we expect that the blockchain will become more integrated with AI technologies, neural networks, deep learning and that sort of thing. What is AI? Artificial Intelligence, or AI is dubbed as the next technological revolution, first we had the data revolution and now, computers are able to manage and manipulate...

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