Breaking the Ice: Stablecoins Are Well on the Way, Bitcoin ETF Has High Chances (Weekly Digest, Oct 22—26)

Tether destroyed 500 million USDT, Swissquote allows ICO participation, Coinbase added its first stablecoin, IDEX to block NY users, Vertex Ventures invests in Binance, the biggest crypto theft in Australia, Sony creates contactless hardware wallet, Japanese crypto exchanges got a self-regulatory status, Bitcoin Futures still lack volume — in this weekly news

BTC

8,744 USD
0.38%

XRP

0.4543 USD
1.98%

USDT

1.00 USD
0.20%

USCOIN

2.08 USD
-0.07%

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What Bitcoin’s “Horrible” Chart says, Just Lower prices or New Lows?

Nothing has changed since late September when BTC price dropped to $7,800 level. Bitcoin is still hovering around $8,000 and the trading volume is also stuck at $200 million. Source: Coin360 However, Bitcoin detractors have taken this time to attack the leading cryptocurrency yet again. Gold proponent, Peter Schiff took to Twitter to share how […]
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Bitcoin Ethereum Litecoin + ALTS Technical Analysis Chart 10/19/2019 by ChartGuys.com

NEW FREE Technical Analysis Course: https://www.chartguys.com/trading-courses/7/technical-analysis Trading Candlesticks Course: https://www.chartguys.com/trading-courses/5/essential-candlesticks Entries & Exits Course: https://www.chartguys.com/trading-courses/2/entries-exits Join our community of thousands of analysts working together to learn the charts, generate profit and achieve financial independence. Live market coverage & exclusive educational content. Get trading support and on-demand technical analysis for your requested tickers. Sign up today at: https://www.chartguys.com/trading-community-membership Get the latest market updates and technical analysis on your favorite social media platform. Twitter https://twitter.com/ChartGuys Facebook https://www.facebook.com/thechartguys Free Facebook Group https://www.facebook.com/groups/thechartguys/ Instagram https://www.instagram.com/thechartguys/ Stocktwits: http://stocktwits.com/ChartGuysDan TCG Clothing: https://dogoodthings.chartguys.com/ Any advisory or signal generated by TheChartguys.com is provided for educational purposes only. Any trades placed upon reliance on TheChartguys.com systems are taken at your own risk for your own account. Past performance is no guarantee of future results. While there is great potential for reward trading securities and options there is also substantial risk of loss in all trading. You must decide your own suitability to trade. Future trading results can never be guaranteed. This is not an offer to buy or sell futures, options or commodity interests. TheChartGuys.com is not registered as an investment adviser with any federal or state regulatory agency. The information contained within this Web site, including e-mail transmissions, faxes, recorded voice messages, and any other associated messages/media (hereinafter collectively referred to as “Information”) is provided for informational and educational purposes only. The Information should not be construed as investment / trading advice and is not meant to be a solicitation or recommendation to buy, sell, or hold any securities mentioned.
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Trader Analyzes How Ripple’s XRP Price Could Hit $8 If This Trend Breaks

In a recent tweet on the 17th of October 2019, an avid cryptocurrency trader shares his opinion about Ripple’s XRP. According to him, XRP could hit $8 per coin if the price breaks forth to the upside of its current trading triangle. XRP Could Moon Soon An avid cryptocurrency trader by the username @XRPMOONSHINE, known for his analysis on XRP, shared his thoughts about the coin in the early hours of Wednesday. According to his point of view, XRP, which has been trading within a triangle for some time, could see an imminent breakout. He further proceeded to predict a price of $8 if price breaks to the upside of the triangle. His opinion is based upon on a weekly chart he shared – a view of price movement between 2016 till date. This is what $8 PER XRP Would look like. Does not seem like a possible reality to some. Just wait until this weekly triangle from 2016 to Now Breaks to the upside. pic.twitter.com/ZeVzgTh9rW — Løver øf All Cryptø (@XRPMOONSHINE) October 17, 2019 Twitter Lightens Up His tweet seems to have brought back lost hope in the cryptocurrency for its holders, as a lot of people seem to agree with his view — also, there were those who think this feat would be difficult to attain. Alex Cobb, one of many who commented, threw an important question to the floor, asking if the Brad Garlinghouse-led Ripple Inc. could make immense positive announcements that could help boost the growth of XRP. The question is, is Ripple genius enough to time a huge announcement while XRP is coming to the end of a massive triangle? — Alex Cobb [Don’t fall for fake profile scams] (@AlexCobb_) October 17, 2019 What Are Up Ripple’s Sleeves? Ripple and its cryptocurrency, the XRP, have received a lot of attention lately. This is due to various partnerships and acquisitions the company behind XRP has made. That’s not all; the community awaits MoneyGram’s announcement at the SWELL 2019 conference. As announced by Ripple, MoneyGram’s CEO, Alexander Holmes, will share his experience about how Ripple’s product, the xRapid, has transformed the financial giant and what lies ahead for the future of cross-border payments. The post Trader Analyzes How Ripple’s XRP Price Could Hit $8 If This Trend Breaks appeared first on ZyCrypto.
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