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Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.05

ADA price started a strong decline from well above the $1.350 level against the US Dollar. The price is now well below the $1.300 support and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $1.305 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue lower below the $1.100 and $1.050 support levels. Cardano price is declining and trading well below $1.200 against the US Dollar, similar...

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Ethereum Price Analysis: ETH Corrects Lower, $2,000 Holds The Key

Ethereum price started a fresh decline from well above $2,400 against the US Dollar. ETH price is currently trading well below $2,275 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $2,275 on the 4-hours chart (data feed from Coinbase). The pair is likely to find a strong buying interest near the $2,000 and $1,930 levels. Ethereum price is correcting gains below $2,300 against the US Dollar. ETH/USD could...

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Chia Miners Are Already Causing an SSD Shortage Crisis Even Though It’s Not Available for Trading

The hype ahead of the launch of the Chia Network is making waves, and it is already starting to affect non-cryptocurrency-related sectors all around the world, especially from southeast Asia. The project, which uses the storage space as a transaction validator, has grown by leaps and bounds and is already causing a shortage of high-performance SSDs and HDDs. Buy All The SSDs! According to a report from the Hong Kong technology news website HKEPC, investors are buying up as...

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Bitcoin (BTC) Price Tanks to $52K in Brutal Market-wide Correction Yesterday, Trading at $56K Today

While the overall cryptocurrency market lost $300 billion dropping below the $2 trillion valuation, Bitcoin and the altcoin market each contributed a fall of $150 billion. On Sunday, April, the overall cryptocurrency market tanked in a recent correction majorly led by Bitcoin (BTC) and other cryptocurrencies. Nearly $300 billion were wiped out from the crypto market as the overall crypto market cap slipped below $2 trillion.On Sunday, Bitcoin (BTC) dropped to a sudden low of $52,000 after...

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Ripple Price Analysis: Risk of More Losses Below $1.35

Ripple price surged towards the $2.0 level before correcting lower against the US dollar. The price is now trading below the $1.65 support and the 55 simple moving average (4-hours). There is a major declining channel forming with resistance near $1.620 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend its losses below $1.350 as long as it is below the $1.650 zone. Ripple price is struggling to hold gains above $1.350 resistance...

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$10 Billion in Liquidations as the Crypto Market Cap Evaporated $360B in Hours

The enhanced volatility in the past day caused nearly $10 billion in liquidations in less than a day as bitcoin, and all altcoins fell hard. Naturally, over 90% of the liquidated amount came from long positions.  CryptoPotato reported earlier today the adverse price developments in the cryptocurrency market. Bitcoin fell by more than $9,000 in hours, Ethereum lost $400, and so on. With most digital assets plummeting by double-digits, the cumulative market cap lost $360...

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Bitcoin Price Dipped Below $52K Amid U.S. Treasury Rumors (Market Watch)

Another wild weekend in the crypto markets as Bitcoin plummeted by about $9,000 in hours amid rumors suggesting the US Treasury Department would charge several financial organizations for laundering money with cryptocurrencies. The altcoin market is also deep in red with double-digit percentages that evaporated more than $350 billion from the crypto market cap. US Treasury FUD Plummeted BTC? As reported yesterday, the primary cryptocurrency had regained over $2,000 of value...

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Dogecoin Hits New High; Trades for $0.14

It looks like Coinbase’s good vibes for this week are not just rubbing off on BTC and mainstream forms of digital currency. Dogecoin – a joke token that uses the face of a cute little Shiba Inu dog as its mascot – has surged to a new all-time high and was trading for as much as 14 cents early Wednesday morning. Dogecoin Keeps Making Financial Waves This week was met with strong news surrounding the cryptocurrency space. The digital token industry just keeps growing like...

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Obyte veröffentlicht Version 2 seines Bonded Stablecoin

Der Bonded Stablecoin von Obyte war eine absolute Neuheit für den Cryptomarkt. Daher gab es zum Start nur theoretische Erfahrung damit. Nach mehr als einem halben Jahr gibt es jetzt genügend praktische Erfahrung, um einen verbesserten Bonded Stablecoin herauszubringen. Was erwartet uns mit Version 2? Obyte News: Obyte veröffentlicht Version 2 seines Bonded StablecoinZuletzt ist es etwas ruhiger um Obyte geworden. Doch es wurde fleißig weiter an Neuerungen gearbeitet, die vor allem den Bondend...

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Crypto Market Cap Recovers $100 Billion as Bitcoin Reclaims $62K (Market Watch)

Following yesterday’s freefall in which bitcoin risked dipping below $60,000, the asset has bounced off and recovered about $2,000 of value. Most altcoins have also regained some ground, with some more than others. Apart from the top performer DOGE, Bitcoin Cash has spiked by 25% and has re-entered the top ten. Bitcoin Reclaims $62K After the latest all-time high registered earlier in the week of $65,000, the primary cryptocurrency reversed its price trajectory. Bitcoin...

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