Cryptocurrencies as an asset class are here to stay.
Efforts are in progress to integrate cryptocurrencies into the mainstream economy.
A few of the top cryptocurrencies are showing signs of bottoming out.
We suggest long positions on a close above $0.02815521, with a stop loss just below $0.021.Conversely, if the cryptocurrency fails to sustain the breakout and drops below $0.02815521 once again, it will remain range bound between $0.0183 and $0.02815521.
Will the new vision help change the fortunes for the struggling cryptocurrency? Let's find out.
We will get a confirmation if the price breaks out of the downtrend line and the previous swing high of $40.784.Long-term investors can expect the cryptocurrency to start a new uptrend if the price sustains above $40.784.
The company has rebranded its Trust Wallet as a multi cryptocurrency wallet, adding support to a larger number of blockchains and has improved its various features.
The cryptocurrency is already quite popular in Venezuela with over 2,600 merchants accepting it.
If the bears sink the cryptocurrency below $56.214, the downtrend will resume.
The crypto exchange Gemini chose to list Dash instead of Monero because its founders, the Winklevoss Twins believe that the regulators would be more favorable to Dash.
Top 5 Crypto Performers Overview: Tron, Litecoin, Binance Coin, Dash, Monero
Published on Jan 27, 2019
by Cointele | Published on Coinage
Bitmain Launches New Energy-Efficient 7nm ASIC Chip for Bitcoin and Bitcoin Cash
Bitmain, the largest mining hardware manufacturer in the world, has launched a new 7nm ASIC mining chip which achieves new levels of performance, chip size, and energy efficiency for mining Bitcoin and Bitcoin Cash.New Chips For Mining Bitcoin and Bitcoin Cash.
Purported Crypto Cloud Mining Ponzi Reported to Thai Police, 140 Victims Allegedly Scammed Out of $1.3 Million
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Elon Musk: Bitcoin Has 'Quite Brilliant' Structure, Paper Money is Going Away
On this note, Musk stressed that "It would not be a good use of Tesla resources to get involved in crypto. We're just really trying to accelerate the advance of sustainable energy."
Coinbase Acquires Blockchain Analytics and Intelligence Startup Neutrino
Coinbase, one of the largest cryptocurrency exchanges and wallet providers in the US, has acquired Neutrino, a blockchain intelligence startup based out of Italy.