Today's Hot Topics

Ethereum (ETH) Might Fall To New Yearly Lows In The Months Ahead

Ethereum (ETH) has run into trend line resistance at the top of a large rising wedge. The price has faced a strong rejection at the 161.8% fib retracement level and is now expected to begin its downtrend. If Bitcoin (BTC) ends up falling towards $8,500 we can expect Ethereum (ETH) to break below this rising wedge and fall towards the 61.8% fib retracement level at $168.55. This could be followed by a rally to the upside but the trend line support once broken will then become trend line resistance and the price will have a very hard time rising above...

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BTC, ETH, XRP & LTC - Which Is Doing More For Adoption?

The financial and investment company founded in 1971, Weiss Ratings is something a lot of cryptocurrency enthusiasts use to get some insight on different digital currencies. Whereas not everyone will agree with what Weiss has to say on some currencies, they are well-respected for their ratings. They base their ratings on objective computer models driven by complex algorithms with large volumes of data, excluding each analyst’s personal opinion from the process. With this, the entities that are being rated are always treated with complete objectivity and fairness according to Weiss. There are four things that cryptocurrency ratings are based on:...

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Sally Ho's Technical Analysis 24 June 2019

Bitcoin Bitcoin (BTC/USD) resumed its upward trajectory early in today’s Asian session as the pair moved higher to the 11284.44 area, triggering Stops above yesterday’s then-2019 high of 11215.89. Selling pressure emerged during yesterday’s Asian session right around the 10894.17 area, representing the 61.8% retracement of the move from 11215.89 to 10373.68. Stops were then elected during yesterday’s European session below the 10572.44 area, representing the 23.6% retracement of the aforementioned range. Bids then emerged during yesterday’s North American session and this led to some early demand during today’s Asian session. Market activity was relatively cautious, however, after the 11284.44...

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Hyperledger Accepts New Members Including Microsoft & Ethereum

Hyperledger, the umbrella project of open-source blockchains and related tools, has announced that it has accepted eight new members and launched a new project focusing on new infrastructure for decentralised identity. This includes the Ethereum Foundation and Microsoft. The Ethereum Foundation is proud to lend our support to the efforts of both the @EntEthAlliance and @Hyperledger through our membership today. Together, we'll continue to drive forward #Ethereum's progress and adoption. — Ethereum (@ethereum) June 18, 2019 The executive director of Hyperledger, Brian Behlendorf said: “The mix of blue chip technology companies, international organizations, logistics and manufacturing players and academia that...

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Sally Ho's Technical Analysis 23 June 2019

Bitcoin Bitcoin (BTC/USD) took a break from its massive surge higher early in today’s Asian session as the pair hovered around the 10673.99 area, representing the 23.6% retracement of the move from 8919.72 to 11215.89. Late in yesterday’s European session, the pair reached its strongest level since early March 2018 following massive gains earned during yesterday’s Asian session when Stops were elected above the 10427.91 area, a key upside extension price objective related to the 10 June low of 7508.77. Additional Stops were elected above the 11116.83 area, a related key upside extension price objective related to the same range...

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