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SHA-256 Mining Hashrate Climbs Significantly in One Year

bitcoin.com | 08-19-2018

Over the last year, SHA-256 mining, the process that’s used to find blocks on both the Bitcoin Cash (BCH) and Bitcoin Core (BTC) networks, alongside a slew of other cryptocurrencies, has grown exponentially. Digital asset trading markets have been in a slump over the last eight months of 2018, but the bearish sentiment has not […]The post SHA-256 Mining Hashrate Climbs Significantly in One Year appeared first on Bitcoin News.

Categories: Mining|BTC|Trading|Market
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Valuation of Crypto Market Slightly Declines But Bitcoin Price Shows Stability

ccn | 08-19-2018

In the past 24 hours, the valuation of the crypto market has dropped slightly by $2 billion, from $215 billion to $213 billion, as the Bitcoin price and Ethereum price demonstrated stability. Most major cryptocurrencies including Bitcoin Cash, Ripple, EOS, and Ethereum recorded decent gains in the range of 1 to 5 percent. Tokens includingThe post Valuation of Crypto Market Slightly Declines But Bitcoin Price Shows Stability appeared first on CCN

Categories: BTC|Trading|Market|ETH|XRP
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UAE’s Adab Solutions Launches First Islamic Crypto Exchange

livebitcoinnews | 08-19-2018

Adab Solutions has launched the First Islamic Crypto Exchange (FICE) and will be launching an Initial Coin Offering (ICO) in September 2018. The exchange is going to run on the standards set by the Shariah Advisory Board and is expected to revolutionize the perception with which the whole Islamic world views the cryptocurrency market. Announced...The post UAE’s Adab Solutions Launches First Islamic Crypto Exchange appeared first on Live Bitcoin News.

Categories: Exchange|ICO|BTC|Market
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Despite Market Gains on the Day, Bitcoin Remains Below $6,500, Ethereum Loses $300 Support

cointelegraph | 08-19-2018

Market momentum builds amongst top altcoins, but Bitcoin slips below $6,500 and Ethereum fails to hold $300 support

Categories: Market|BTC|ETH|Altcoin|LTC
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Ethereum Co-Founder Joseph Lubin: Crypto Market Slump Won’t Curtail Growth

ccn | 08-19-2018

Ethereum co-founder Joseph Lubin said that he does not see the recent slump in cryptocurrency prices as a constraint to growth in the market. In a recent interview with Bloomberg, Lubin said the collapse in prices is not a new development as it has always been present in the “blockchain ecosystem since 2009 when BitcoinThe post Ethereum Co-Founder Joseph Lubin: Crypto Market Slump Won’t Curtail Growth appeared first on CCN

Categories: Market|ETH
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EOS Long-term Price Analysis

cryptoglobe | 08-19-2018

Unlike most other cryptocurrencies, EOS didn’t plummet against the US dollar this week, but instead moved in a ranging outlook. Noticeably, on Aug. 17, the cryptocurrency saw a strong spike in its price that helped it touch the 14-day SMA’s trendline.

Categories: Trading|Market|Fiat
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Blockchain Company Skycoin Looking to Break into the Korean Market

ccn | 08-19-2018

This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned … ContinuedThe post Blockchain Company Skycoin Looking to Break into the Korean Market appeared first on CCN

Categories: Market|Blockchain|Sponsored
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Half Of Remaining Unmined Bitcoin ‘Already Spoken For’ – CoinShares CEO

bitcoinist | 08-19-2018

UK cryptocurrency investment products and research firm CoinShares’ has called for Bitcoin to get a “new narrative” to drive consumer interest and lift prices to new highs. Bitcoin To Pull An Amazon? In a series of tweets and a Medium post August 17, CEO Ryan Radloff explained how Bitcoin could follow in the footsteps of companies such as Amazon and Microsoft, whose shares deflated in the year 2000 then exploded to new heights over aRead MoreThe post Half Of Remaining Unmined Bitcoin ‘Already Spoken For’ – CoinShares CEO appeared first on Bitcoinist.com.

Categories: BTC|Market
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Ethereum (ETH) Long-term Price Analysis

cryptoglobe | 08-19-2018

Ethereum has been experiencing depreciation against the US dollar this week. The cryptocurrency kept declining until Aug. 15, at which point it started correcting upwards

Categories: ETH|Market|Trading|Fiat
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Bitcoin Wallet Blockchain Says It’s Adding 50k Users Per Day

ccn | 08-19-2018

Cryptocurrency wallet Blockchain is adding up 50,000 users a day amidst the ongoing crypto market downturn. Posting on his Twitter account, Blockchain CEO and Cofounder Peter Smith made the claim in a tweet that also appeared to take a shot at Coinbase. Defying the Downturn Responding to a Bloomberg interview with Coinbase CEO Brian Armstrong where heThe post Bitcoin Wallet Blockchain Says It’s Adding 50k Users Per Day appeared first on CCN

Categories: Blockchain|BTC|Market
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September Could be a Critical Month For The Crypto Industry.

cryptopotato | 08-19-2018

The crypto markets are still on a recovery phase after a short dip in the last few weeks. The end of next month, however, holds a lot of possibilities for the crypto space as some significant events that would affect the direction of the industry to a great extent have been scheduled to take place. […]The post September Could be a Critical Month For The Crypto Industry. appeared first on CryptoPotato.

Categories: Market
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Crypto Market Drops Over 3% After Bitcoin Fails to Breach $6,600 Resistance

cryptoglobe | 08-19-2018

The cryptocurrency ecosystem recently lost over $7 billion, going from over $220 billion to about $213 billion at press time, after bitcoin failed to breach the $6,600 resistance it attempted to breach earlier this month, on August 15.

Categories: BTC|Market
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Wall Street Demand For Crypto Rises as Exchange Activity Thrives in Bear Market

newsbtc | 08-19-2018

The interest of Wall Street firms towards opportunities in crypto custody and asset management has continued to increase despite the 80 percent correction the market experienced in 2018. Sanford C. Bernstein & Co. analysts refuted recent reports about the struggle of cryptocurrency exchanges and stated that digital asset trading platforms have been recording solid volumes,...The post Wall Street Demand For Crypto Rises as Exchange Activity Thrives in Bear Market appeared first on NewsBTC.

Categories: Market|Trading|Exchange|BTC
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Crypto Trading 101: An Introduction to Support and Resistance

coindesk | 08-19-2018

Support and resistance levels help identify areas of supply and demand, and are an important aspect of price charts for traders to understand.

Categories: Trading|Market
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The Weekly: McAfee’s Doomed Wallet, Altcoin Panic, Binance Launches Fiat-to-Crypto

bitcoin.com | 08-19-2018

In this week’s daily editions of Bitcoin in Brief we reported on McAfee’s “Doomed” wallet, a panic in the altcoin markets, Binance’s new fiat-to-crypto platform in Liechtenstein and much more. The most commented-on article during the week covered a situation in the UK, where banks are targeting cryptocurrency owners – having their assets frozen and accounts […]The post The Weekly: McAfee’s Doomed Wallet, Altcoin Panic, Binance Launches Fiat-to-Crypto appeared first on Bitcoin News.

Categories: Altcoin|Exchange|BTC|Market
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Market Watch August 19

cryptopotato | 08-19-2018

Bitcoin and Ethereum Bitcoin continues to hold a position within the range of $6,000 – $6,500. At the time of writing, the world’s largest cryptocurrency trades at $6,361, losing 1.90% in the last 24 hours trading period, a little drop caused by the volatile crypto markets. Ethereum, on the other hand, still battles at $296, […]The post Market Watch August 19 appeared first on CryptoPotato.

Categories: Market|BTC|ETH|Trading
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Bitcoin Price Analysis: Welcome to ‘Bitcoin Purgatory’

bitcoinist | 08-19-2018

Bitcoin seemed on the verge of a breakout above $6,650 but a failed third attempt, followed by a lack of buying interest has given bears an opportunity to snatch back control and it looks like BTC has dropped a shelf for a bit of sideways trading in the $6,200 – $6,400 range. Bitcoin Price Market Overview Earlier this week on CNBC Fast Money, host Melissa Lee described the narrow channel between $6k and $7k asRead MoreThe post Bitcoin Price Analysis: Welcome to ‘Bitcoin Purgatory’ appeared first on Bitcoinist.com.

Categories: BTC|Trading|Market
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Crypto Week In Review: The Market Remains Tumultuous Even Amid Bullish News

newsbtc | 08-19-2018

While investors entered this past week expecting for the crypto market to fall further, it has become apparent that the market has temporarily staved off a move lower. Whether this recovery was a result of positive fundamentals or just a “dead cat bounce” remains to be seen. Nonetheless, this week has had its fair share...The post Crypto Week In Review: The Market Remains Tumultuous Even Amid Bullish News appeared first on NewsBTC.

Categories: Market|Trading|BTC|ETH|ETC
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Bitcoin Price Weekly Analysis: BTC/USD Failed Again Near $6,600, Now What?

newsbtc | 08-19-2018

Key Points Bitcoin price rebounded and moved above the $6,400 level, but it failed near $6,600 against the US Dollar. There was a break below a major bullish trend line with support at $6,460 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair remains in a broad range between $6,000...The post Bitcoin Price Weekly Analysis: BTC/USD Failed Again Near $6,600, Now What? appeared first on NewsBTC.

Categories: Trading|BTC|Market|Fiat
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Ethereum Price Weekly Analysis: ETH/USD’s Upsides Capped Near $320

newsbtc | 08-19-2018

Key Highlights ETH price corrected higher recently and traded above $310 and $315 against the US Dollar. There is a key connecting bearish trend line in place with current resistance at $311 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair has to break the $311 and the $320 resistance levels for...The post Ethereum Price Weekly Analysis: ETH/USD’s Upsides Capped Near $320 appeared first on NewsBTC.

Categories: Trading|ETH|Market|Fiat
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UK Cryptocurrency Startups Suffer Dwindling Fortunes Amidst Market Decline

bitcoinist | 08-19-2018

Cryptocurrency startups in the United Kingdom are struggling in 2018. The fringe benefits that came with changing a company’s name to reflect an interest in blockchain technology seems to have all but disappeared. “Cryptomania” is at its Lowest Ebb In the last months of 2017, cryptomania gripped large swaths of the global business scene. With ICOs raking in hundreds of millions of dollars and cryptocurrencies reaching new all-time highs, the emerging market became the focusRead MoreThe post UK Cryptocurrency Startups Suffer Dwindling Fortunes Amidst Market Decline appeared first on Bitcoinist.com.

Categories: Market|ICO|Blockchain|Technology|Business
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Crypto Market Loses $9 Billion in Hours as Tokens Drop 10% on Average

ccn | 08-19-2018

In merely three hours, the crypto market has lost more than $9 billion of its valuation, as the price of tokens and small market cap cryptocurrencies dropped substantially. Tokens Plunge 10% Off of 2% Decline of Bitcoin After demonstrating a relatively strong corrective rally, the crypto market saw a decline in the value of tokens,The post Crypto Market Loses $9 Billion in Hours as Tokens Drop 10% on Average appeared first on CCN

Categories: Market|ICO|Trading|BTC
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Bitcoin Cash Price Weekly Analysis: BCH/USD Holding Key Support at $540

newsbtc | 08-19-2018

Key Points Bitcoin cash price recovered and moved above the $520 and $540 resistance levels against the US Dollar. There is a major contracting triangle forming with support near $545 on the 4-hours chart of the BCH/USD pair (data feed from Kraken). The pair has to stay above the $545 and $540 support levels to...The post Bitcoin Cash Price Weekly Analysis: BCH/USD Holding Key Support at $540 appeared first on NewsBTC.

Categories: Trading|BTC|Market|Blockchain|Fiat
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Markets Update: Crypto Prices Consolidate After Failing to Surpass Resistance

bitcoin.com | 08-19-2018

Cryptocurrency prices have seen some recovery after our last markets update four days ago when a large majority of digital assets lost quite a bit of value. Since then, and more so over the last 48 hours, the entire crypto-economy capitalization ($216B) has gained roughly $20B. The action yesterday was more bullish as most of […]The post Markets Update: Crypto Prices Consolidate After Failing to Surpass Resistance appeared first on Bitcoin News.

Categories: Market|BTC|Trading|ETH|XRP
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ETN vs. ETF: Which Is the Investor’s Dream?

cointelegraph | 08-18-2018

The fact that an ETN from Stockholm is now targeting the U.S. market may sound like a win, but it's a far cry from the big ETF prize

Categories: Market|Regulation|Altcoin
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Decentralized Crypto Exchange AirSwap Launches OTC Market to ‘Unlock New World of Liquidity’

ccn | 08-18-2018

Decentralized exchange AirSwap is launching the framework for over-the-counter (OTC) trading product for mainnet rollout. In an update posted on its website, AirSwap said the new product would be available “exclusively to a private beta group.” Founded in 2017, AirSwap became known for offering frictionless peer-to-peer trades for ERC20 tokens to a group of primarilyThe post Decentralized Crypto Exchange AirSwap Launches OTC Market to ‘Unlock New World of Liquidity’ appeared first on CCN

Categories: Exchange|Market|ICO|Trading
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Cryptocurrency Miners Ignore the Bitcoin Price Fall, Focus on Expansion Instead

bitcoinist | 08-18-2018

The recent decline in cryptocurrency prices has cast a shadow on several aspects of the digital currencies space. However, one area where this bearish outlook has not extended to is cryptocurrency mining.  The Hash Factor is an Indicator According to a report from Bloomberg, bitcoin mining has remained profitable for some miners who have improved their investments and efficiencies in the space — even against the continued bitcoin price drops. One of the indicators ofRead MoreThe post Cryptocurrency Miners Ignore the Bitcoin Price Fall, Focus on Expansion Instead appeared first on Bitcoinist.com.

Categories: BTC|Trading|Mining|Market
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Crypto Markets See Slight Slump, Ethereum Fails to Hold $300 Support

cointelegraph | 08-18-2018

Crypto markets suffer another slump, with Ethereum and Ethereum Classic wavering following last week’s gains

Categories: ETH|Market|XMR|XRP|Altcoin
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Why Is the Ethereum Price Tanking? Here Are 4 Possible Reasons

themerkle | 08-18-2018

Crypto markets are down across the board, and that’s nothing new. But what’s behind Ethereum losing 44 percent of its value in just two weeks? From August 1 to August 14, crypto’s number two went from $470 to $260. That’s its lowest level since November 2017. It was trading at around $285 at the time […]

Categories: ETH|Trading|Market|Sponsored
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Ripple Is Targeting the Chinese Market: Top Executive

themerkle | 08-18-2018

Ripple is targeting the Chinese market with its blockchain products, a top executive has revealed. The company has been partnering with many banks and payment processors around the world, but surprisingly, it has only partnered with one Chinese payment processor. The Chinese market is dominated by Alibaba and Tencent, with the two giants accounting for […]

Categories: XRP|Market|Asia|Blockchain
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Bitcoin Is a “Much, Much Better” Store of Value Than Gold, Says Crypto Market Analyst

cryptoglobe | 08-18-2018

Lou Kerner, co-founder and partner at CryptoOracle.io, a New York-based venture capital firm focused on investing in crypto-related startups, recently stated that Bitcoin is “functionally much better” as a store of value than gold.

Categories: BTC|Fiat|Market
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Litecoin (LTC) Long-term Price Analysis

cryptoglobe | 08-18-2018

LTC has been trading beneath the two SMAs, but it touched the 14-day SMA. The 50-day SMA is located above the 14-day SMA. This means bearish sentiment isn’t gone.

Categories: LTC|Trading|Market
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XRP Long-term Price Analysis

cryptoglobe | 08-18-2018

Ripple’s XRP suffered a considerable loss in its market trading sessions between Aug 12, 13 and 14 respectively. The cryptocurrency managed to change its downward path on Aug. 15, to test $0.30.

Categories: XRP|Market|Trading
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Halve The Reward, Halve The Price? New Chart Forecasts $3K BTC By 2020

bitcoinist | 08-18-2018

Bitcoin price (BTC) could continue dropping for the next two years, a new forecast which takes into account the possible effect of the next block reward halving has revealed. The Halving Factor To Hit Bitcoin? Uploaded to Twitter August 13, the chart, which “factors in” Bitcoin’s third halving in May 2020 suppressing prices, shows BTC/USD ‘bottoming’ at $3000 just before the event. The trend would continue three previous cycles in Bitcoin , the cryptocurrency nowRead MoreThe post Halve The Reward, Halve The Price? New Chart Forecasts $3K BTC By 2020 appeared first on Bitcoinist.com.

Categories: BTC|Mining|Trading|Market
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Bitcoin Price Technical Analysis: BTCUSD Capped by Strong Resistance

ccn | 08-18-2018

Bitcoin price today tumbled 2 percent against the dollar, confirming a weak push by bulls in the current bearish bias. The BTC/USD continued to extend its prevailing upside momentum, breaking above 6500-fiat to establish 6620-fiat as its new intraday peak level. However, the absence of enough bullish sentiment around the peak area, also visible duringThe post Bitcoin Price Technical Analysis: BTCUSD Capped by Strong Resistance appeared first on CCN

Categories: Trading|BTC|Market|Fiat
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Bitcoin (BTC) Long-term Price Analysis

cryptoglobe | 08-18-2018

The cryptocurrency markets have been plagued by a bearish trend and Bitcoin wasn’t an exception. This week, Bitcoin’s price went down towards the accumulation territory of $5,800, against our projected value of $5,500.

Categories: BTC|Trading|Market
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Crypto Exchange Huobi Announces Five Partnerships To Further Its Expansion Efforts

cryptoglobe | 08-18-2018

Huobi Group, a leading digital asset exchange service, has partnered with five different companies to launch crypto exchanges in Indonesia, Taiwan, Canada, Philippines, and Russia. Huobi's new business arm, Huobi Cloud, will be used by the company's new partners to build and deploy the digital asset exchanges. Despite the declining prices of cryptocurrencies, major exchange companies such as Huobi, Binance, and Coinbase have been quite aggressive in their expansion efforts.

Categories: Exchange|Market|Asia|Business
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$220 Billion: Crypto Market Continues Short-Term Recovery as Tokens Surge

ccn | 08-18-2018

The crypto market has continued its recovery over the past 24 hours, as both major cryptocurrencies and tokens continued to surge in value. While Bitcoin remained relatively stable with a 1 percent gain, Ethereum, Ripple, Bitcoin Cash, and EOS recorded 4 percent, 9 percent, 8 percent, and 11 percent gains respectively, pushing the valuation ofThe post $220 Billion: Crypto Market Continues Short-Term Recovery as Tokens Surge appeared first on CCN

Categories: ICO|Market|BTC|ETH|XRP
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Bitcoin on Pace to Clear More Than Double the Transaction Volume of Gold in 2018

cryptoglobe | 08-18-2018

Bitcoin, the flagship cryptocurrency, has been clearing a larger amount of transactions than global gold markets for well over a year, a trend that doesn’t appear to be slowing down, despite the crypto ecosystem’s bearish trend.

Categories: BTC|Fiat|Market|Trading
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Major Exchange CEO: Despite Correction, Demand For Bitcoin Has Not Declined

newsbtc | 08-18-2018

Yoni Assia, the CEO of major multi-asset trading platform eToro, has said that the correction of Bitcoin is positive for the long-term health and growth of the crypto market. Throughout August, Bitcoin recorded its third major correction in 2018, as its price fell from $8,500 to $5,850. But, shortly after dipping below the important $6,000...The post Major Exchange CEO: Despite Correction, Demand For Bitcoin Has Not Declined appeared first on NewsBTC.

Categories: BTC|Exchange|Trading|ETH|Market
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Can Security Tokens Save Crypto From the Bear Market Blues?

coindesk | 08-18-2018

A conference this week in Canada saw discussion of how securities tokens might offer a path for blockchain products to reach consumers.

Categories: ICO|Market|Blockchain|Trading
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Cryptocurrency Trading Revenue Could Double Despite Market Slump, Analysts Say

cryptoglobe | 08-18-2018

Revenue generated from cryptocurrency trading fees is expected to double this year, despite the cryptocurrency market’s bearish trend, according to analysts from New York-based global asset management firm Sanford C. Bernstein.

Categories: Trading|Business|Market
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Can The Slow Cryptocurrency Recovery be Sustained?

newsbtc | 08-18-2018

FOMO Moments Markets slowly recovering this weekend; XRP, EOS, Neo and Tron climbing back, VeChain falling slightly. The slow creep upwards has continued into the weekend as cryptocurrencies add more gains following their lowest levels of the year. Total market capitalization has crept up slightly and is currently holding above $215 billion, 14% up on...The post Can The Slow Cryptocurrency Recovery be Sustained? appeared first on NewsBTC.

Categories: XRP|Market|Trading|Altcoin
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Nvidia Calls Off Cryptocurrency Mining Production Amid Low Earnings

bitcoinist | 08-18-2018

Graphics chip manufacturing giant Nvidia saw huge growth in late 2017 and throughout most of 2018 as demand for its high-end Graphics Processing Units (GPUs), used for cryptocurrency mining, skyrocketed. The recent bear market has caused demand for GPUs to dwindle, leaving Nvidia to readjust its strategy. Nvidia In Its Heyday It seems Nvidia is throwing in the towel on the development and production of its cryptocurrency mining focused graphics cards and chips. Nvidia hasRead MoreThe post Nvidia Calls Off Cryptocurrency Mining Production Amid Low Earnings appeared first on Bitcoinist.com.

Categories: Mining|Market|Trading
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1.2 Million Canadians Introduced to No-Fee Crypto Trading

bitcoinist | 08-18-2018

Canadian Coinberry and Swiss-based BRD announced a partnership, which is set to introduce 1.2 million BRD customers to crypto trading. New Crypto Trading Platforms Streaming Into the Market Trading bitcoins and other cryptocurrencies continues to attract investors. For instance, despite a bear market, cryptocurrency trading platforms are still being added to the market. On August 15, 2018, Coinberry and BRD announced a partnership “which will introduce 1.2 million BRD customers to the Canadian crypto tradingRead MoreThe post 1.2 Million Canadians Introduced to No-Fee Crypto Trading appeared first on Bitcoinist.com.

Categories: Trading|Market|BTC|ETH|Asia
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XRP Technical Analysis: XRP Spearheads Recovery, Adds 10%

newsbtc | 08-18-2018

Like most coins, Ripple and XRP are bullish. Not only are we seeing important partnerships that steels XRP and xRapid,  XRP prices are also on a recovery path adding a massive 13 percent in the last day helping propel prices from 25 cents supports. Technically, this recovery might continue though XRP is within a bear...The post XRP Technical Analysis: XRP Spearheads Recovery, Adds 10% appeared first on NewsBTC.

Categories: XRP|Market|Trading
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Litecoin, EOS, Stellar Lumens, Tron, IOTA Technical Analysis: Altcoins Are Back To (Temporary) Green

newsbtc | 08-18-2018

The altcoins market is in recovery mode and after more than two months of persistent sells, their momentum is fading. Though they still lack solid confirmation, price floors are morale boosting for coins as EOS, Tron, IOTA and even Litecoin which were heading lower. Next week’s price action would influence the short term price trajectory...The post Litecoin, EOS, Stellar Lumens, Tron, IOTA Technical Analysis: Altcoins Are Back To (Temporary) Green appeared first on NewsBTC.

Categories: Trading|LTC|Market|Altcoin
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Existing Online Payment With Over 2 Million USD Worth of Transactions Turns To Blockchain To Ensure Financial Inclusion In Emerging Markets

themerkle | 08-17-2018

Mazzuma, the third highest ranked mobile money payments system based on transaction volume in Ghana seeks to utilize blockchain technology through the creation of the MAZ cryptocurrency to enable instant seamless payments globally. Mazzuma, the flagship product of CYST, has been a force to reckon with in the online payments ecosystem in Ghana since its […]

Categories: Blockchain|Market|Technology|Sponsored
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Bailed Out with Bitcoin – Federal Court Allows Crypto Payments for Bail

livebitcoinnews | 08-17-2018

While the entire cryptocurrency market has marked a serious decline throughout 2018, the idea of people being able to use them for various purposes seems to become more and more apparent. The Federal Court of San Francisco allowed for a bail to be paid in Bitcoin, marking yet another step towards further widespread adoption. The...The post Bailed Out with Bitcoin – Federal Court Allows Crypto Payments for Bail appeared first on Live Bitcoin News.

Categories: BTC|Market