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Tron (TRX) Price Analysis: Support Turned Resistance Near $0.090

Tron price is down over 15% and it broke the $0.0920 support against the US Dollar. TRX price is now trading below $0.0900 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0920 on the 4-hours chart (data feed via Bitfinex). The pair must clear the $0.0900 and $0.0920 resistance levels to move into a positive zone. TRON price is declined heavily from well above $0.1000 against the US Dollar, similar to...

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Taiwanese Investor Loses More Than $3 Million in Tether Units Following Account Hack

More than $3 million in Tether units have been stolen from a private antique dealer in the nation of Taiwan, suggesting that even decentralized finance is vulnerable to the illicit dealings of those who would steal and commit dirty deeds to get their hands on money. Investor Loses More Than $3 Million in Tether The victim in question is a man named Liu Kun-Hung. He holds plenty of crypto in assorted online wallets. Two contained more than $3 million in Tether, a popular...

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More People Are Using Bitcoin for Travel Purposes

As of late, bitcoin and cryptocurrency are being used all the time to pay for travel expenses such as flights and hotel stays, but is paying for these items with crypto a good idea? Travel and Bitcoin: A Solid Match? For many, the idea of using bitcoin and its altcoin cousins to pay for goods and services is a dream come true and the realization of a strong financial vision. These currencies were initially designed to take over and push fiat, checks and credit cards to...

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Cardano Is Spiking Like No Other Asset

The world of cryptocurrency is buzzing as of late. Assets like bitcoin are really rising through the ranks once again, with the world’s number one digital currency hitting $50,000 for the second time over the past few weeks, but there appears to be one asset at the time of writing that’s outdoing all the others. That asset is Cardano, aka the ADA token, which became the world’s third largest digital currency last month and is now trading for a whopping price of about...

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Cardano (ADA) Price Analysis: Key Support Nearby At $2.50

ADA price started a downside correction from the $3.10 zone against the US Dollar. The price is now trading below $2.80 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.80 on the 4-hours chart (data feed via Bitfinex). The price could start another strong increase as long as it is above the $2.50 support zone. Cardano price is correcting gains below $2.80 against the US Dollar, similar to bitcoin. ADA price...

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Ethereum Price Analysis: ETH Eyes Next Upside Break

Ethereum price is holding gains above the $3,500 support against the US Dollar. ETH price is now trading above $3,800 and the 55 simple moving average (4-hours). There is a major breakout pattern forming with resistance near $3,965 on the 4-hours chart (data feed from Coinbase). The pair could continue to rise as long as it is above $3,600 and $3,500. Ethereum price is showing bullish signs below $3,800 against the US Dollar. ETH/USD could accelerate further higher if it...

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New Mental Token Seeks to Raise Mental Health Awareness

Mental illness is allegedly increasing across the globe, and now one cryptocurrency developer named Phil Kennedy is creating a new digital asset designed to raise awareness and bring some light to the issue at hand. Known as the Mental Token, the currency is built to support organizations and companies that assist individuals suffering from mental illness. Mental Token Works to Assist Those Struggling with Issues Mental Token is also looking to establish its own digital...

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Stellar Lumen (XLM) Price Could Continue Higher Above $0.42

Stellar lumen price started a strong increase above the $0.3500 against the US Dollar. XLM price is now trading above $0.3500 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.3600 on the 4-hours chart (data feed via Kraken). The pair could continue to rise above the $0.4200 and $0.4250 resistance levels. Stellar lumen price is gaining bullish momentum above $0.4000 against the US Dollar, similar to...

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Ripple Price Analysis: More Upsides Possible Above $1.4

Ripple price started a strong increase above the $1.25 resistance against the US dollar. The price is now trading above $1.30 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.245 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise once it clears the $1.365 resistance zone in the near term. Ripple price is gaining pace above the $1.30 support against the...

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Bitcoin Struggles at $50K: Polygon (MATIC) Skyrockets 20% (Weekend Watch)

After touching a multi-month high above $51,000, bitcoin has retraced slightly and currently stands around the coveted $50,000 mark. Most altcoins have also stalled on a 24-hour scale, except for Polygon, which has surged by roughly 20% in a day. Bitcoin Stands Around $50K Ever since the primary cryptocurrency recovered from its dip to $46,300 at the start of the month, the bulls have had control over the market. They pushed the asset to and beyond $50,000, as reported...

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