Crypto Market Increases by $22 Billion, Ethereum and Bitcoin Rally into the Green

Crypto Market Increases by $22 Billion, Ethereum and Bitcoin Rally into the Green

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Following a multi-month downtrend, the overall cryptocurrency market may be showing signs of a trend reversal. At press time, Bitcoin and Ethereum prices have broken through key resistance levels and begun recovering from monthly lows. The post Crypto Market Increases by $22 Billion, Ethereum and Bitcoin Rally into the Green appeared first on CryptoSlate.

Coinbase Exploring the Addition of Cardano, Basic Attention Token, Stellar Lumens, Zcash, and 0x

Coinbase Exploring the Addition of Cardano, Basic Attention Token, Stellar Lumens, Zcash, and 0x

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In an announcement July 13, 2018, Coinbase unveiled the possibility of listing new coins on its exchange, including Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), and 0x (ZRX). Noticeably absent from the list is XRP. Today we are announcing that we’re exploring the addition of the following assets to Coinbase: Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens…

Crypto Developers Express Fresh Optimism of Price Rebound

Crypto Developers Express Fresh Optimism of Price Rebound

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Crypto bears are having a heyday. 2017’s crypto euphoria is unceremoniously replaced by a steep market downturn, numerous ICO scams, and unrelenting attacks on crypto exchanges – affirming pessimistic outlooks of naysayers. As the negative headlines continue to proliferate, some crypto insiders remain bullish about the potential for digital currency to thrive not only in the…

Mt Gox Ordered to Repay Victims of 850,000 Bitcoin Hack

Mt Gox Ordered to Repay Victims of 850,000 Bitcoin Hack

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The Tokyo District Court has ordered Mt Gox to begin compensating victims of its infamous 2014 hack, effectively stalling the exchange’s pending bankruptcy. Posted on the Mt Gox website June 22, the ruling may bring closure to a November 2017 petition requesting compensation — filed by creditors of the now-defunct Mt Gox exchange. Crucially, victims…

Bitcoin, Ethereum Slide Back in to Red as Market Reacts to Japanese Regulation, South Korean Tax Confusion

Bitcoin, Ethereum Slide Back in to Red as Market Reacts to Japanese Regulation, South Korean Tax Confusion

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The cryptocurrency market has swung violently back into the red due to a series of regulatory movements from Asia, spooking skittish market participants. Bitcoin and Ethereum plummeted by almost 10% as Japanese regulators crack down on exchange action. Crypto markets are bleeding red subsequent to a Japanese financial watchdog move that saw business improvement orders…

Stellar Looks to Acquire Chain for $500 million XLM

Stellar Looks to Acquire Chain for $500 million XLM

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Stellar Lumens is currently discussing the possibility of acquiring Chain — a San Francisco-based startup building cryptographic ledgers for the finance industry. Although it’s unclear how Stellar will utilize this technology, the 7th largest cryptocurrency is willing to part with $500 million worth of XLM for the purchase, according to Fortune. Such a sum is certainly…

Charlie Lee Announces Schedule & Speaker List for Litecoin Summit

Charlie Lee Announces Schedule & Speaker List for Litecoin Summit

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Litecoin founder Charlie Lee has announced the release of the full schedule of the upcoming Litecoin Summit, which will see the Litecoin team, Lightning Labs, RSK Labs, and a range of industry experts and influencers meet in San Francisco to discuss the future of Litecoin. I'm excited for the first ever Litecoin Summit! We have…

Ethereum-based dApp Platform Loom Network Releases SDK and Receives Upbit Listing

Ethereum-based dApp Platform Loom Network Releases SDK and Receives Upbit Listing

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Based out of Thailand, Loom Network (LOOM) is an Ethereum-based blockchain platform created for the development of decentralized games and social apps. Loom Network Releases Beta SDK Building the platform on top of the Ethereum blockchain, Loom Network utilizes the Plasma second-layer scaling solution to generate DAppChains – a sidechain to Ethereum that is attached…

Price Watch: EOS, Cardano, IOTA, TRON, Stellar Lumens Finding Ground

Price Watch: EOS, Cardano, IOTA, TRON, Stellar Lumens Finding Ground

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Over the past week, the cryptocurrency market shed 10% of its market cap, or almost $30 billion. Despite the constant news, product developments and announcements from projects like EOS, Cardano, IOTA, Stellar and TRON, the market has still been experiencing steep drops like Sunday’s BTC sub-$7K nosedive. The post Price Watch: EOS, Cardano, IOTA, TRON,…

Technical Analysis June 7: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple

Technical Analysis June 7: Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple

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The cryptocurrency markets continued last week’s comeback and gained $14 billion in market cap. Last week, we saw many cryptocurrencies below the Ichimoku cloud and between major support and resistance levels. Let’s see where the top cryptocurrencies are at this week using technical analysis. Disclaimer: This article is not meant to constitute trading/investment advice. Please use extreme…