crypto asset

XRP price chart ‘double bottom’ puts next bullish target at $1

Source Node: https://cointelegraph.com/news/xrp-price-chart-double-bottom-puts-next-bullish-target-at-1
Time Stamp: August 11, 2021 11:00 AM - Modified On: August 11, 2021 - Published By:
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Ripple's XRP token could hit $1 in the coming days, according to a classic technical chart setup.Dubbed a "double bottom," the trend reversal indicator appears after the price bottoms out at a level, rebounds toward a higher resistance level, and then pulls back to or near the first bottom level — only to rebound again to the previous resistance line (also called the "neckline").Should the price close above the neckline, an extended move upward is anticipated, the length of which equals the total height between the neckline and the bottom level. It

Gensler Contemplating Robust Crypto Oversight Regime

Source Node: https://beincrypto.com/gensler-contemplating-robust-crypto-oversight-regime/
Time Stamp: August 3, 2021 7:12 AM - Modified On: August 3, 2021 - Published By:
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Securities and Exchange Commission (SEC) Chairman Gary Gensler is looking to establish a robust cryptocurrency regulatory framework.Sponsored Sponsored In an interview with Bloomberg, Gensler emphasized that his knowledge of cryptocurrencies would not preclude him from regulating them thoroughly. Gensler said he is “neutral on,” but “intrigued,” by cryptocurrencies, but that he’s “not neutral about investor protection.” Although individuals are free to make their own investment decisions, Gensler stressed that the SEC had a responsibility to protect them from fraud. While acknowledging that the SEC already has broad authority, Gensler asked

Weekly Bitcoin and Cryptocurrency Market Analysis

Source Node: https://bitcoinist.com/weekly-bitcoin-and-crypto-market-analysis/?utm_source=rss&utm_medium=rss&utm_campaign=weekly-bitcoin-and-crypto-market-analysis
Time Stamp: August 18, 2020 4:28 AM - Modified On: May 21, 2021 - Published By:
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Simon Peters, market analyst: Bitcoin Teases Us At $12,000  Suffice it to say, it was a busy week, with mixed performance in equity markets and odd – but not unpromising – movements for bitcoin. The FTSE All-Share index and the STOXX600 both recorded steady rises, while the S&P500, which started the week at 3,352, took a turn for the worse on Wednesday. After its drop to 3,335, it has since recovered to 3,372. Bitcoin broke through $12,000 on Monday, only to suffer a significant fall to $11,275 by Wednesday morning.

Lukka Co-CEO Explains How Blockchain Data Saves on Taxes

Source Node: https://cointelegraph.com/news/lukka-co-ceo-explains-how-blockchain-data-saves-on-taxes
Time Stamp: August 16, 2020 5:00 AM - Modified On: May 21, 2021 - Published By:
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On July 30th, over thirty of crypto’s top minds gathered for the largest single-day livestream trading event of its kind. Nine star-studded panels included mainstream trading expert Jon Najarian, macro investors Mike Novogratz and Raoul Pal, and technical analysis specialists Erik Crown and Tone Vays, among many others. Head over to the Cointelegraph YouTube channel now to watch the full recording of Cointelegraph Crypto Traders Live!The Cointelegraph Crypto Traders Live event was made possible by data company Lukka. Lukka focuses on processing blockchain and tokenized asset data to support normal

Is Chainlink Poised for a Sell Off After Reaching New ATH?

Source Node: https://cointelegraph.com/news/is-chainlink-poised-for-a-sell-off-after-reaching-new-ath
Time Stamp: August 14, 2020 12:39 AM - Modified On: May 21, 2021 - Published By:
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Chainlink rallied another 4% today, maintaining its place as the fifth largest crypto asset by market cap — but are investors starting to become skittish? According to on-chain analytics resource Santiment, Chainlink (LINK) investors may be “becoming increasingly uncertain in its prolonged rally.” Santiment reported that though there weren’t “many bearish indicators or signs of an impending top” for LINK as of last week, that may no longer be the case.The number of LINK deposits into crypto exchanges reached an all-time high (ATH) of 8.2 million, the same day the token

CoinShares: ‘Bitcoin Is Like a Risky Tech Stock’’

Source Node: https://cointelegraph.com/news/coinshares-bitcoin-is-like-a-risky-tech-stock
Time Stamp: August 12, 2020 12:17 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin acts more like a tech startup stock than digital gold — with investors reaping big rewards if it works but potentially losing everything if the crypto asset fails.That’s the conclusion of an Aug. 10 report from digital asset manager CoinShares titled A Little Bitcoin Goes a Long Way. In it authors James Butterfill and Christopher Bendiksen argue that the fact Bitcoin (BTC) “starting its life at a price of zero” gave it a stellar reputation.“If it reaches its potential, the value could be immense,” the report stated.“At the same

Tron (TRX) Forms Textbook Bear Signal Despite Rally in the Altcoin Market

Source Node: https://bitcoinist.com/tron-trx-textbook-bear-signal-despite-rally-altcoin-market/?utm_source=rss&utm_medium=rss&utm_campaign=tron-trx-textbook-bear-signal-despite-rally-altcoin-market
Time Stamp: August 10, 2020 9:00 PM - Modified On: May 21, 2021 - Published By:
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Tron (TRX) has been a sleeper cryptocurrency over the past few weeks. While it has rallied like many other digital assets like Bitcoin and Ethereum, TRX has not been focused on by many analysts. According to the Tom Demark Sequential, the popular altcoin is on the verge of reversing to the downside after a multi-day rally. Analysts beg to differ, arguing that Tron is actually on the verge of a massive upswing triggered by months of consolidation. Tron may be further suppressed by Bitcoin, which may lead the crypto asset

Number of Bitcoin Cash Whales Drop Following 39% Price Surge

Source Node: https://cointelegraph.com/news/number-of-bitcoin-cash-whales-drop-following-39-price-surge
Time Stamp: August 9, 2020 11:58 PM - Modified On: May 21, 2021 - Published By:
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Following a 39% price surge at the end of July, at least 10 Bitcoin Cash whales have left the network, possibly trading or selling their millions in holdings. According to Crypto Twitter user Ali Martinez, data from analytics site Santiment shows the number of investors holding between 10,000-100,000 Bitcoin Cash (BCH) — roughly $3-30 million — has fallen by 10 since Aug. 1. The drop comes after the token surged 38.7% from $224.46 on July 17 to a three-month high of $311.34 on July 31, implying that a number of whales

Japanese Messaging Giant LINE’s LN Token Trading on BitMax

Source Node: https://cointelegraph.com/news/japanese-messaging-giant-lines-ln-token-trading-on-bitmax
Time Stamp: August 9, 2020 10:52 PM - Modified On: May 21, 2021 - Published By:
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Crypto exchange BitMax just made Japanese messaging app LINE’s token available for trading.According to an Aug. 6 notice from LINE, the biggest messaging app in Japan with 84 million active monthly users will be making its native LINK (LN) token available for trading through crypto exchange BitMax. This makes LN the sixth crypto asset currently supported by the exchange, including Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), and Litecoin (LTC).The LN token was originally issued in 2018 for users as part of a rewards program through the messaging app.

What is Flexa Coin? A Guide to FXC Token

Source Node: https://www.asiacryptotoday.com/flexacoin-fxc/
Time Stamp: August 9, 2020 4:16 AM - Modified On: May 21, 2021 - Published By:
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A look at the Flexa project, its background, history, and its native asset, Flexacoin. We will also talk about its underlying protocol, as well as its role in the Decentralized Finance (DeFi) field. The Flexa project claims to be the “simplest and safest way” to allow retail usage of crypto-currencies today. This DeFi project has acquired its reputation and value by enabling different crypto-assets to be used for payments on its digital wallets. And these are done in an instant and highly-secure manner for users and merchants alike. Built on