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Ethereum Posts Strong Reaction to Key Support Level, But Risk of Downside Remains

Ethereum and the entire crypto market saw a sharp selloff overnight that caused ETH and most other major altcoins to erase their recent gains This selling pressure struck a lethal blow to the uptrends seen by both major and minor altcoins alike That being said, Ethereum and Bitcoin have both been able to remain above multiple key support levels As such, analysts are noting that bulls may be firmly in control, and may help guide […] дальше »

2020-9-3 23:00


Despite Recent Strength, Ethereum has Yet to Break Above One Critical Level

Ethereum, like Bitcoin, is currently flashing some immense signs of strength as it pushes past $400 The resistance at this price level remains heavy, so buyers must continue propelling the crypto higher in the near-term Where ETH trends next as it hovers around this crucial level may depend on Bitcoin, as it guided the market’s latest movement If Ethereum’s buyers remain strong in the near-term, they may next look to target the crypto’s recent highs […] дальше »

2020-8-6 23:00


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Here’s the “Do or Die” Price That Will Determine Ethereum’s Macro Trend

Ethereum has remained stuck beneath its crucial near-term resistance level at $230 The crypto has been ranging sideways alongside Bitcoin and many of its peers, but it has been unable to remain within its long-held trading range The break below this range appears to be a grim sign for the crypto Where it trends next could largely depend on how it reacts to a crucial level that it is trading 10% above Holding above this […] дальше »

2020-7-4 23:00


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Report Shows That 25% of Major Institutions are Long on Bitcoin

Institutions have long been looked upon as the group that could help boost the crypto markets up to fresh all-time highs It does, however, appear that many big-name institutions already have long exposure to Bitcoin and other digital assets This exposure may still remain fairly limited, giving the market significantly further room for growth in the months and years ahead Ever since Bitcoin and the aggregated crypto market began their multi-year downtrend in 2017, investors […] дальше »

2020-6-11 02:00


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Crypto Exchanges in Finland and Russia Receive the Most Illegal Funds

Finnish exchanges remain the most popular destination for illegal cryptocurrency proceeds. The Scandinavian nation has dubiously claimed the title for the third year in a row. In its Spring 2020 crypto crime and AML report, the blockchain tracking firm CipherTrace revealed that exchanges in Finland and Russia account for most of the illicit funds. дальше »

2020-6-3 21:04


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Bitcoin Analysts Chillingly Anticipate Months of Consolidation for BTC: Here’s Why

Bitcoin’s third-ever mining rewards halving event concluded yesterday, subsequently reducing the block rewards for miners by 50% Much to the chagrin of traders, this event did not lead to any notable volatility, as BTC has continued to experience rangebound trading in the upper-$8,000 region Analysts are now noting that BTC’s market structure does remain bullish so long as it is trading above $8,300 Despite this, the crypto could soon be subjected to months of consolidation […] дальше »

2020-5-13 21:00


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XRP Just Faced a Harsh Rejection at a Key Trendline; Trouble Ahead?

The aggregated crypto market has incurred some intense upwards momentum today, allowing major altcoins like XRP to post notable gains This latest upswing comes shortly after the cryptocurrency incurred a rally independent of the market yesterday It is important to note that XRP has faced a notable rejection against its Bitcoin trading pair, forcing it to remain beneath a key trendline Although XRP has been fully exposed to the downside seen by the aggregated crypto […] дальше »

2020-4-30 23:00


Litecoin (LTC) Price Analysis (April 29)

• Litecoin is in consolidation in the medium-term and bullish in the short-term. • Bulls remain in control of the crypto. LTC/USD Medium-term Trend: Ranging Key levels • Resistance levels : $70, $80, $90 • Support levels: $20, $10, $9 The crypto continues to trade in consolidation in its medium-term outlook. $46.22 in the resistance […] дальше »

2020-4-29 14:21


Analyst: this unorthodox factor shows a crypto bull may soon make a strong return

Since the crypto market started to trend lower four days ago, analysts have been wondering at which point the pain will stop. While most analysts remain divided over the answer to this pressing question, one unorthodox factor suggests Bitcoin and the rest of the cryptocurrencies have found or are very close to a local bottom, […] The post Analyst: this unorthodox factor shows a crypto bull may soon make a strong return appeared first on CryptoSlate. дальше »

2020-2-28 00:45


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2019 IRS Crypto Tax Guidance is Subject to Change, GAO Warns

The IRS’ guidelines on crypto tax reporting remain unclear, and may not be binding, per the analysis of the Government Accountability Office (GAO). Crypto Tax Reporting Guidelines Change Without Warning Reporting on ownership and gains from crypto assets remains unclear, as the IRS has not codified all of its opinions into Internal Revenue Bulletins. дальше »

2020-2-16 15:30