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Tag Archives: News

Tron (TRX) Price Analysis: Bulls Losing Momentum Near Key Resistance

Tron price started an upside correction from the $0.0117 low against the US Dollar.TRX price is currently trading near the key $0.0150 and $0.0152 resistance levels.There was a break above an ascending channel with resistance near $0.0144 on the 4-hours chart (data feed via Bitfinex).The price could climb sharply if there is a proper close above $0.0150 and $0.0152.TRON price is currently correcting higher against the US Dollar and bitcoin. TRX price needs to surpass the $0.0152 resistance...

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U.S. SEC Charges Block.one for Its $4 Billion ICO and It’s Not as Heavy as You Think

Photo: Block.oneThe EOS blockchain developer Block.one has been charged by the United States Securities and Exchange Commission (SEC) over its 2017-2018 ICO which raised about $4.1 Billion during the process. The Commission charged the company with the relatively low sum of $24 Million which boils down to about 0.58% of the sum raised during the offering which is relatively light when comparing the amount raised to the amount charged.Following the DAO report which highlighted several types...

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Ethereum Price Analysis: ETH Could Struggle To Continue Higher

Ethereum price started an upside correction after trading as low as $152 against the US Dollar.ETH price is currently trading above $175, but it is facing a strong resistance near $185 and $188.There is a crucial bearish trend line forming with resistance near $188 on the 4-hours chart (data feed from Coinbase).The price is likely to struggle to surpass the key $185 and $188 resistance levels in the near term.Ethereum price is climbing towards a major resistance near $185-$188 against the US...

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Fraud! Letters Emerge Asking for Crypto to Fund Brexit

We’re all aware that cryptocurrency fraud has taken a massive toll on the industry, but if you’re pretending to be Queen Elizabeth II to get your fingers on digital assets, you’re probably taking things a little too far.Crypto Fraud Is Taking a “Royal” TurnA letter circulating through LinkedIn and other social media platforms shows that alleged fraudsters are reportedly asking for bitcoin and cryptocurrency funds from specific investors who might have great interest in solving “Britain’s...

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John McAfee: $1 Million for BTC Is Still Plausible

As bitcoin hits its worst price week in a long time, some analysts are backing away from their previous predictions regarding how well bitcoin could do by the end of the year. Tom Lee, for example, has recently commented that it’s a very bad time to be trading bitcoin, but others, like John McAfee, are refusing to get off the high horse.John McAfee: $1 Million for BTC Is Still PossibleHaving recently announced his run for presidential office in 2020, McAfee is no stranger to controversy. His...

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Overstock along with Its Former CEO and CFO Sued for Securities Fraud

Recently Overstock and its former CEO Patrick Byrne have recently made a lot of headlines. The main reason for that is that Patrick Byrne left the company with a big bang, sold all his equities and didn’t keep it a secret that he had invested in Bitcoin and gold.Now, an investor from Canada – Benjamin Ha, has filed a complaint with the United States Securities and Exchange Commission (SEC) alleging that between May 9 and September 23, 2019, Overstock published “materially false and misleading...

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Coinbase and Others Taking “Security” Measures Into Their Own Hands

Regulation has been a hard topic in the crypto space as of late. Despite the push for it, however, it has arrived at a rather slow pace, and many major companies and exchanges within the crypto arena are looking to themselves to potentially enhance the safety of their operations. Some of these companies include Coinbase in the U.S., along with DRW Cumberland, Kraken and Grayscale.Coinbase and Others Take Security Into Their Own HandsOne of the primary things these ventures are looking at is...

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Tencent Acquires Almost a Third of Computer Games Developer Funcom

Chinese social media and gaming company Tencent Holding Ltd. took a 29% stake in computer games maker Funcom.With this step, Tencent became Funcom’s largest shareholder and the shares it bought were from KGJ Capital AS.Funcom went through its most profitable year in history and had signed an exclusive partnership with Legendary Entertainment to create a minimum of three Dune games for PC and consoles.Funcom CEO, Rui Casais said:“We are very pleased to see Tencent come in as the largest...

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‘Rule Of 10 Best Days’: Here’s How to Capitalize on Bitcoin as per Fundstrat’s Tom Lee

While today the crypto markets are starting to look a little alive and is seeing a somewhat green pattern, Tom Lee from Fundstrat tweeted a sort of reminder about the rule of 10 best days. He says that the majority of Bitcoin gains come in the ten best trading days. According to Lee, this only happens once a year. Moreover, he claims that when these ten best trading days are excluded, Bitcoin sees a -25% per year. More specifically, in the last bull run of 2017 Bitcoin saw an unbelievable...

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Tesla (TSLA) is 1000 Vehicles Short of Fulfilling Delivery Goals

Recently we reported that Electrek, a blog for electric vehicle enthusiasts, published an email that probably has leaked from the company in which Tesla’s CEO Elon Musk writes that Tesla might be able to make 100,000 vehicle deliveries in the third quarter, which would be a record.Be it as it may, Tesla is really trying to fulfill these expectations but with only a day left, some sources say that the company is currently “a few thousand” cars short of the delivery goal.In the leaked email,...

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