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Author: Live Bitcoin News

Ripple Price Analysis: XRP/USD Pullback Underway to These Support Zones

Ripple recently made a strong upside break from its long-term slide, indicating that an uptrend is due. However, the pullback from the sharp move was similarly swift, pushing the price down by roughly 17% in the last 24 hours. Price is stalling from the slide likely because it is down to the 61.8% Fibonacci retracement

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Bitcoin Price Analysis: BTC/USD Support at Channel and Triangle

Bitcoin has been consolidating inside a symmetrical triangle on the 4-hour time frame and was rejected on a test of resistance. Price is also trending higher inside a short-term ascending channel whose bottom appears to be currently holding as support. If so, the price could make its way back up to the top of the

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Rising Bitcoin Dominance Index Causes Liquidity Problems for Altcoins

Bitcoin is the dominant force in the cryptocurrency industry. The world’s leading cryptocurrency continues to dwarf all other tokens and assets on the market today. The current state of the Bitcoin Dominance Index is a sign of what the future may hold for this industry moving forward. The Bitcoin Dominance Index ‘Problem’ Over the years,

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Bitmain to Sponsor NBA Team and Invest $500 Million into Texas Economy

Bitmain has announced a sponsorship deal with a Texan NBA team, the Houston Rockets, as well as promising to invest $500 million in the state’s economy. In yet another example of how the cryptocurrency industry is winning at sports, AntPool, which is run by Bitmain Technologies, will soon be stepping onto the basketball court. South

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Singapore’s Central Bank Finds Blockchain to Be ‘Fundamental’ For Financial Services

During the week of Consensus in Singapore, a senior official from the city-state’s Monetary Authority of Singapore (MAS), which is the de facto Central Bank, has expressed his fairly positive thoughts on emerging blockchain technologies. ‘Technologies Are Always Getting Better’ Artificial intelligence, as well as blockchain technologies and their adoption, are to provoke “fundamental” changes

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Swiss Crypto Valley Issues Banking Guidelines to Stop Blockchain Flight

The Swiss Bankers Association (SBA) has issued guidelines to banks who want to do business with crypto startups in the country, which is aimed at making access to traditional bank accounts easier. Switzerland’s Crypto Valley The European country is known as being one of the most crypto-friendly nations. In particular, the small town of Zug,

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Stellar Price Analysis: XLM/USD Major Reversal Pattern Forming

Stellar might be done with its long-term slide as it moves to complete a double bottom on its daily time frame. Price is making its way closer to the neckline around the 0.3500 mark, and a break higher could mean more upside. Price has also moved above the 100 SMA dynamic inflection point to signal

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Bitcoin Price Analysis: BTC/USD Ready for a Triangle Break This Time?

Bitcoin has formed lower highs and found support around $6,100, forming a descending triangle seen on its daily time frame. Price looks ready for a test of the resistance and might make another attempt to break higher. However, the 100 SMA is below the longer-term 200 SMA to indicate that the path of least resistance

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Circle Encourages Industry Diversity Through Education with Updated App

Circle, the finance platform, has recently launched a new addition to their app – an education feature to encourage more people to be a part of the industry. Gender diversity and inclusion initiatives have experienced a massive increase in the world, as it should. It’s not just about protesters demanding equal pay either. It’s also about

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US Navy Exploring Blockchain for Tracking Aviation Parts

The U.S. Navy will be teaming up with a tech company to explore the usage of blockchain technology in order to help keep track of aviation parts throughout their life-cycle.   Adoption Continues According to a press release dated September 20th, The Naval Air Systems Command (NAVAIR) is exploring the usage of blockchain technology in

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US Congressman Drafts Three Bills to Support the Cryptocurrency and Blockchain Industry

The Congressional Blockchain Caucus seems to be serious about pushing for speedy regulations as evidenced by its newest co-chair’s draft bills. Perhaps one of the most important ways to encourage the global adoption of cryptocurrencies and blockchain technology is by ensuring that people understand them and feel safe using them. The correct legislation is essential

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Taiwan Sees First Cryptocurrency Political Donation

A Taipei City Council candidate has reportedly disclosed a donation to his political campaign made in Bitcoin. While the donated amount was “symbolic,” it marks the first of its kind in Tawain.   ‘Non-Cash Political Donation’ Hsiao Hsin-Chen, a candidate for the Taipei City Council, has reportedly disclosed that he had received a donation in

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