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Buterin Proposes Privacy Solution For ETH Transactions

The co-founder of Ethereum, Vitalik Buterin has just proposed for Ethereum to have a new integration that would provide a degree of anonymity to one-off ETH transactions. Adoption seems to have been gaining some traction since the start of the year and some industry focus is making a shift towards privacy and protecting the anonymity of cryptocurrency users - all while maintaining the integrity of public blockchains. With Ethereum being an open-source technology this might seem a little ironic but as Buterin says in a blog post: “We need a first step toward more privacy.” In the post, Buterin outlines...

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Ethereum (ETH) Highly Likely To Fall To A Double Digit Price By Year End

Ethereum (ETH) is expected to fall to a double digit price by year end. That does not mean that the bear market will necessarily come to an end by then but that ETH/USD might be trading well below its current price. The rationale behind this is that the price of Ethereum (ETH) has been overbought for a long time now and as the weekly chart shows, the RSI has now faced rejection at its trend line resistance. This trend line resistance goes back to 2017 and it is extremely unlikely to be broken at this point under such overbought conditions....

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Coinbase Crypto integration Means Consumers Can Now Buy CBD Products with Bitcoin

By using Bitcoin, Bitcoin Cash, Ethereum or Litecoin, consumers will now be able to pay for CBD products using the aforementioned leading cryptocurrencies. No Border Inc. has made the payment option available to customers through its e-commerce portal by integrating Coinbase Commerce, a service that enables merchants to accept several cryptocurrencies directly into a user-controlled wallet. The platform will allow shoppers to make purchases with USD Coin, the Circle and Coinbase-backed stablecoin. For those that don’t know, No Borders Inc. is a Phoenix-based firm that advertises the sale of “100% natural, lab tested products” containing cannabidiol, such as “light mint...

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Sally Ho's Technical Analysis 24 May 2019

Bitcoin Bitcoin (BTC/USD) extended gains early in today’s Asian session as traders pushed the pair to the 7984.90 area before some profit-taking emerged just below a retracement level that represents the 61.8% retracement of the move from 8315.00 to 7407.10. Buying activity started in earnest during yesterday’s European session when Bids emerged around the 7467.10 area, just above the 50% retracement of the move from 6600.00 to 8315.00. Stops were then elected above the 50-bar MA (4-hourly), then around 7770.80 and the 50-bar MA (4-hourly) then became supportive late in yesterday’s North American session. Traders are looking to see if...

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Ethereum (ETH) Could Rise Above $250 Again Before The Next Decline

Ethereum (ETH) is currently trading around $235 as price declined significantly in the last 24 hours all the way from the top of the descending triangle seen on the 4H chart for ETH/USD. This decline seems to have made the bulls worried even though normally they are more interested in buying the dip. Retail bulls did buy the dip when the price made its first red candle to the downside. It left a long wick down but was soon followed by subsequent red candles that pushed the price deep into red. As of now, the price remains inside a descending...

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