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Ethereum: What You Need To Know About Ethereum 2.0

Currently, Ethereum sits very close to its original design. Way back when Ethereum was first created, it was designed to provide a new platform to allow people to be creative with blockchain technology. Whilst Bitcoin remained very static, Ethereum was designed to open up new opportunities. As it stands, Ethereum hasn’t changed much over the years, however according to new reports it looks as if the next few years promise some huge transformations for Ethereum. Ethereum 1.0 is about finished with, now it is time for us to move on to Ethereum 2.0, a new era for the Ethereum blockchain...

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Is This The End of FIAT Currencies?

FIAT currency is the term used to describe centralised media for value exchange and generally refers to sovereign currencies such as the British Pound, the Euro and the United States Dollar. Historically though, the use of gold and salt would also have been considered as a FIAT currency when it was under the control of a central body. The difference that cryptocurrency has here and one of its many advantages is that crypto is not controlled by a central body – what does this actually mean though? The problem with FIAT currency is that when we spend it, it needs...

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Sally Ho's Technical Analysis 28 May 2019

Bitcoin Bitcoin (BTC/USD) managed to find a little bit of a Bid during early in today’s Asian session, trading as high as the 8816.18 level following some late-day selling pressure during yesterday’s North American session.  The pair escalated to the 8947.88 area early in yesterday’s Asian session, establishing a new multi-month high, before some profit-taking ensued. Traders are again focused on seeing if BTC/USD can be pushed above the psychologically-important 9000.00 figure. During yesterday’s pullback, the pair declined to the 8611.44 area, just above the 23.6% retracement of the move from 7467.10 to 8947.88. If Stops become elected below this...

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Ethereum (ETH) Expected To Fall Below $250 As Buying Frenzy Comes To An End

Ethereum (ETH) has made quite a move to the upside in the past 24 hours but it seems to have hit the wall as the price has now started trading inside a descending triangle. This triangle is very likely to break to the downside and could be the catalyst that brings about Ethereum (ETH)’s fall below $250. We expect ETH/USD to ultimately decline below $200 during the next decline but for now it is likely to decline below $250 and trade sideways until its next major decline when Bitcoin (BTC) starts to fall. One pattern that we have seen during...

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Sally Ho's Technical Analysis 27 May 2019

Bitcoin Bitcoin (BTC/USD) made major advances during yesterday’s North American session and the buying pressure continued early in today’s Asian session with the pair trading as high as 8918.98, the pair’s strongest showing since May 2018.  Some major Stops were elected during the push higher, especially above the 8338.78 level, representing the 76.4% retracement of the move from 9948.12 to 3128.89. Stops were also elected above the 8488.00 level, a recent relative high, with more triggered above the 8541.80 area, representing an upside price objective related to a relative pullback low of 4963.00 in April. A technical clue emerged late...

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