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Price, 24h
33.05 USD / 0.00383600
-2.79% / -0.42%
Volume, 24h
273,325,063 USD
0.00%
Marketcap
4,665,690,424 / 1.7%
Emission
Chart price/vol/NIS 7d
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Crypto Market And Bitcoin Turn Vulnerable: BCH, BNB, EOS, TRX Analysis

The total crypto market cap extended its decline and broke the key $260.0B support. Bitcoin price declined around 8% and settled below the key $10,000 support. EOS price traded below the $3.550 support and remains at a risk of more downsides. Binance Coin (BNB) is extending its decline below the key $27.50 support level. BCH price is down around 5% and it recently broke the $300 support area. Tron (TRX) price is now trading below the $0.0170 level and it might continue to slide. Bitcoin (BTC) and the crypto market cap declined heavily. Binance coin (BNB), Ethereum (ETH), BCH, tron (TRX), litecoin, ripple and EOS are also trading in a bearish zone. Bitcoin Cash Price Analysis After a failed attempt near the $325 level, BCH price started a fresh decline against the US Dollar. The BCH/USD pair broke the $320 support and even traded below the key $305 support level. The price is now trading below the $300 level and it seems like the next stop could be near the $280 level. If there is an upside correction, the price is likely to face hurdles near the $305 and $310 levels. The main resistance on the upside remains near $320. Binance Coin (BNB), EOS, Tron (TRX) Price Analysis EOS price extended its decline below the $3.650 and $3.550 support levels. The price is now trading below the $3.500 level and it may soon revisit the $3.350 support level. If there are more downsides, the price could test the $3.200 support area. On the upside, the main hurdles are near the $3.650 and $3.700 levels. Tron price is trading in a crucial downtrend below $0.0180. TRX price recently traded below the $0.0170 level and it remains at a risk of more losses below the $0.01650 level. The next stop for the bulls is near the $0.0154 level. Binance coin (BNB) failed to stay above the key $27.50 support area. BNB price is down around 4% and it is now trading well below the $27.00 level. An immediate support is near the $26.00 level, below which it could decline towards the $25.00 support area. Looking at the total cryptocurrency market cap 4-hours chart, there was a fresh decline initiated from well above the $280.0B level. The market cap declined below the $272.0B and $260.0B support levels. It recently visited the $245.0B support area and it seems like there could be more downsides. If there is an upside correction, the previous support are near the $260.0B and $262.0B levels might prevent gains. Overall, upsides are likely to remain capped in bitcoin, Ethereum, TRX, LTC, EOS, ripple, ADA, XLM, WTC, BCH, and ICX in the near term. Crypto Market And Bitcoin Turn Vulnerable: BCH, BNB, EOS, TRX Analysis was last modified: August 22nd, 2019 by Aayush JindalThe post Crypto Market And Bitcoin Turn Vulnerable: BCH, BNB, EOS, TRX Analysis appeared first on NewsBTC.
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Binance Launches Testnet of Decentralized Exchange

The world’s largest cryptocurrency exchange, Binance announced the launch of Binance DEX testnet. Binance DEX is said to be secure and scalable – with a block interval of one second. User account registration is now open. Testnet went live on Wednesday morning, 20 February 2019

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FBI Investigation Prompts Patrick Byrne to Exit Overstock

Patrick Byrne, the CEO and primary board member of Overstock.com, has resigned from his position with the company.  Who Will Replace Byrne? Many enthusiasts will likely remember that Overstock.com, a massive online retailer, was one of the first selling platforms to accept bitcoin as a means of payment from its customers. Byrne, himself, has been a major bitcoin advocate over the years. In a letter to shareholders, Byrne explained that while he is sad to leave the company he has worked with and respected for so long, he believes this is the right move for the “country.” Byrne says that his involvement in an FBI investigation regarding Russian interference in the 2016 presidential election is what led to his decision. The letter reads:  In July, I came forward to a small set of journalists regarding my involvement in certain government matters. Doing so was not my first choice, but I was reminded of the damage done to our nation for three years and felt my duty as a citizen precluded me from staying silent any longer, so I came forward in as carefully and well-managed fashion as I could. The news that I shared is bubbling (however haphazardly) into the public. Though patriotic Americans are writing me in support, my presence may affect and complicate all manner of business relationships, from insurability to strategic discussions regarding our retail business. Thus, while I believe that I did what was necessary for the good of the country, for the good of the firm, I am in the sad position of having to sever ties with Overstock, both as CEO and board member, effective Thursday August 22. It appears Byrne had been in a relationship with a Russian agent named Maria Butina since 2015. He’s confident that the company will remain strong without him, and that blockchain will ultimately carve out a future in which financial freedom is available to every citizen. He states:  I think the blockchain revolution will reshape key social institutions. We have designed and breathed life into perhaps the most significant blockchain keiretsu in the world, a network of blockchain firms seeking to revolutionize identity, land governance (=rule of law=potential=capital), central banking, capital markets, supply chains and voting. In three of those fields (land governance, central banking and capital markets), the word ‘trillions’ comes up when calculating the disruptive opportunity of blockchain. In closing, Byrne tells the company’s shareholders what an honor it has been to serve them. He comments that it was initially his Rabbi that convinced him to come forward, and that after seeing his country “tear itself apart” over the past three years, he felt he could not remain uninvolved.  The End of an Era… He finishes his letter with:  I wish all shareholders a smooth and level road, and don’t forget to shop Overstock.com. The post FBI Investigation Prompts Patrick Byrne to Exit Overstock appeared first on Live Bitcoin News.
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Bitcoin Struggles As BAT And ETC Lead The Charge

The cryptocurrency market has somewhat stabilized, presenting a predominantly green landscape as Bitcoin struggles to stay above the psychological $10,000 marker.   Cryptocurrency Market Situation. Source: Coin360   Sentiment for Bitcoin has seen a moderate improvement towards a strongly neutral outlook.   Bitcoin Sentiment Chart by theTIE.io   Despite this overall lukewarm performance, proponents of Bitcoin’s store of value potential have reason to rejoice today. According to a report by Digital Asset Data, BTC is increasingly gaining correlation with the broader asset markets – positively with gold, and negatively with the stock market. With a recession looming on the global economy, Bitcoin could fulfill the role of a “safe haven asset,” to which investors flock during uncertain economic times. Altcoins see recovery with ETC and BAT leading The rest of the cryptocurrency market is seeing strong corrections from yesterday’s fall, with two strong outliers making significant gains. Basic Attention Token is strongly reacting to its new listing on Kraken, a popular exchange part of Weiss Ratings’ Real 10 index of platforms reporting true volume. BAT has gained more than 15% on yesterday’s price, while curiously its partner-in-listing WAVES has registered a much more modest 4%. The stark difference can be explained by the contribution of other fundamental drivers, with BAT recently launching the much-anticipated online tipping feature in its browser.   BAT Recent Price Trend. Source: CoinMarketCap   The other outlier is none other than Ethereum Classic, which after an against-the-grain rally on Tuesday has continued today with a 14.6% gain. The total 7-day performance is a solid +21%, by far the highest in the top-50. As before, it’s difficult to give a meaningful explanation of the rally. The upcoming ETC Atlantis hard fork is scheduled in about 22 days, too far ahead to justify any price action, though the final confirmation was released on Monday. The run is likely to be due to a combination of factors, including possible whales entering ETC positions. The rest of the altcoin market is seeing moderate recoveries, with IOTA, TRON and Cardano gaining 8%, 6.32% and 6.42% respectively as the rest average on 3-4%.   The post Bitcoin Struggles As BAT And ETC Lead The Charge appeared first on Crypto Briefing.
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Casa Unveiled Node Monitor Service to Leapfrog Bitcoin Network Health

Coinspeaker Casa Unveiled Node Monitor Service to Leapfrog Bitcoin Network HealthA famous crypto startup firm recognized as Casa that offers primary management service, and Bitcoin node machine has launched a node monitor as well as accompanying reward program to develop Bitcoin network health.The firm revealed the latest innovation in an official website article on Aug. 21. Per the announcement, the node monitor known as Node Heartbeats depends on creating a brief relationship between the server of Casa plus, an internet synced and Tor-activated node owned by a user. The rewards program enables Casa node subscribers to earn 10,000 SatsBack weekly in exchange for operating 5 Node Heartbeat checks weekly, on separate days.SetBack can reportedly be converted for Bitcoin (BTC) just once per day on Keymaster app for Casa, as long as a consumer has garnered a minimum of 50,000 SatBack points. According to the report, Casa is firmly convinced that it`s hectic for consumers to keep up with the trend on their node`s uptime as well as security. By offering an inducement program to leapfrog node health, the firm reportedly expects to enhance the overall health of the Bitcoin network.How the Node Heartbeat OperatesTo verify that node is online, the company makes a concise link from their server to the users Casa Node. For this to be manageable, the user`s node must be synced, online, and with Tor activated. But with Tor, that indicates the node Heartbeat secures user`s privacy.Speaking of privacy, the Node Heartbeat only utilises the connection code of the consumer-the same code that is already existing in explorers and that which the consumer release to others who are willing to launch a channel with them. Sats App automatically submits the code for the users when they send a Heatbeat to saves them from the agony of looking it up.Guess Who Is The Latest Casa Investor?Charlie Lee, Litecoin (LTC) founder revealed just three days ago that he has heavily invested in Casa. He went ahead to praise Casa for spearheading BTC acceptance, indicating:“I have the same feeling about Casa today as I had about Coinbase when I joined in 2013 as the 3rd hire. Casa is making Bitcoin easy to use, and that is extremely important for this space. Looking forward to great things!”New Node Monitor by Lightning LabsAs initially reported by Cointelegraph that the designer of the high-speed transaction protocol Lightning Network, Lightning Labs recently unveiled an alpha version of a node monitor. The invented device, called Indmon, allegedly enables nodes operators to supervise node functions in real-time. Network cases this year reportedly influenced the developers to design a tool for preemptively detecting network and node issues.Casa Unveiled Node Monitor Service to Leapfrog Bitcoin Network Health
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