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Samsung Pushing Adoption with help from Ethereum

Samsung has been getting a lot of attention from crypto fans over the past few months. With the release of the blockchain wallet on the Galaxy S10, a lot of enthusiasts turned their heads to Samsung. In an article from Business Korea, Chae Won-Cheol, senior managing director of the Product Strategy Team at Samsung Electronics Wireless Business Division, said: “We will lower barriers to new experiences by gradually expanding the number of Galaxy models that support blockchain functions. We will also expand our service target countries after Korea, the United States and Canada.” Samsung released the Galaxy S10 in March...

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Ethereum (ETH) Runs Into Critical Resistance, Faces Strong Rejection

Ethereum (ETH) ran into a critical resistance around $216.67 and faced a strong rejection. The price is currently trading well below that mark and is due for further downside as ETH/USD has also run into the top of its ascending channel. This ascending channel that the price has been trading in since December, 2018 was broken to the upside in January, 2019 and the price tested it as support before falling back inside it. Since then, this channel has seen the price climb within a tight range. As the price has now run into a strong resistance, we could expect...

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Privacy: ETH to Follow in XMR’s Footsteps?

The co-founder and face of Ethereum, Vitalik Buterin has expressed his interest in incorporating privacy features into Ethereum. It seems Buterin is partial to the ZK-SNARKS technology that is used in privacy coin Zcash. Even so, his senses seem to be particularly excited about any developments surrounding privacy protocols. This became more obvious when a research paper was released called, “FloodXMR: Low-cost transaction flooding attack with Monero’s bulletproof protocol.” The researchers decided to look into what they call “flooding attack with Monero’s bulletproof protocol.” So basically, this involves an attacker flooding the network with their own transactions and then getting...

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Sally Ho's Technical Analysis 14 May 2019

Bitcoin Bitcoin (BTC/USD) resumed its blistering move higher early in today’s Asian session following the pair’s move to 8195.00 late in yesterday’s North American session. The pair then came off to the 7600.00 figure before climbing higher in the Asian session, back above the 8080 level. Stops were elected above the 7581.82 area during the move higher when the pair pushed above the fresh multi-month high established recently on 12 May. Chartists are eyeing the 8339.09 area as an upside target, representing the 76.4% retracement of the 9948.52 – 3128.89 range, and similarly the 8388.78 area represents the 76.4% retracement...

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Ethereum (ETH) Ready For Its Next Downtrend As Price Tops Out

Ethereum (ETH) has just faced a strong rejection at the top of a rising wedge that it has been trading in since December, 2018. This rising wedge is at a massive risk of being broken to the downside any time now. What follows after the break down will be very quick which is why the whales keep on delaying the decline because the current market cycle has to be longer than the previous one. Even the people who have been manipulating the market for a while now are trying to get more sophisticated to make things appear more reasonable in...

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