Exciting news for fraudsters and hackers: now the bail can be paid in cryptocurrency

Exciting news for fraudsters and hackers: now the bail can be paid in cryptocurrency

Also on this weekend digest: the new crypto index by China, crypto exchanges still make a ton of money, and new problems in Venezuela.


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Stellar, EOS and Binance Coin Price Prediction and Analysis for July 17th; XLM, EOS, BNB

Stellar Price Analysis (XLM/USD) On an hourly chart, XML/USD pair continues the downwards pressure.  The downtrend was buttressed by the 21 day MA that gravitated above the 7 day MA that signaled a bearish outlook.  XLM has down surged by 4.6%, having begun trading at $0.08982 and is currently at $0.08572 over the last 24hrs.  The pair’s price experienced sideways price movements after a price fall that placed new resistance level at $0.08986 and support level at $0.08572.  Presence of a four-price Doji was also seen repeatedly. This showed that the market dealt with a small number of transactions. The Relative Strength Index was also touching below level 30 at several instances that indicated an oversold market condition.  This also showed that the bears had dominated the market momentum in the last 24hrs. The market is at the moment recovering as reflected by the RSI indicator that has upped from level 29 to level 42.  This also indicated the reluctance of traders to go short in anticipation of better prices. Stellar Price Prediction The 21 day MA is still trading above the 7 day MA that indicated a strong bearish signal.  This shows incoming bearish momentum in the next few hours. New targets should be set at $0.08200.  The support level is imminent to be broken. EOS Price Analysis (EOS/USD) Like XLM, EOS/USD pair has also undergone a bearish outlook over the last 24hrs.  EOS is down by 3.7% with a circulating supply of 923,253,298 coins. It started the sell-off at $4.4622 and is currently at $4.3032.  The pair’s price faced a slight dip yesterday. The RSI X indicator that was seen trading below level 30, the oversold territory reflected this. A sideways momentum that placed resistance level at $0.31635 and support level at $0.29914 followed the bearish momentum.  Notably, both levels were tested severally. The RSI indicator was later seen heading upwards as it had moved from a low of 20.13 to a high of 49.75 that reflected an increase in buyouts. Like XLM, the pair’s price RSI indicator is currently heading north which shows the unwillingness of traders to go short hoping for better prices. EOS Price Prediction At the press time, the 7 day has crossed over the 21 day MA.  This indicates incoming bullish momentum. The resistance level is likely to be breached while the new target should be set at $4.5000. Binance Coin Price Analysis (BNB/USD) BNB, on the other hand, is down by 5.7% over the last 24hrs.  It began trading yesterday at $29.36 and is currently at $27.70, which showed a significant fall.  The bearish pressure was supported by the 21 day MA that was seen gravitating above the 7 day MA.   BNB/USD pair saw a short-term period of consolidation below $28.73 level that was later dropped below $27.35 that confirmed the downtrend.  The RSI indicator was also seen at 15:00 and at 0000h below level 30 that indicated the oversold market condition.  The dip in BNB price has affected investors sentiments negatively that led to lack of confidence in the coin as reflected by the RSI indicator that is currently trading flat.  This also showed a lack of momentum in the market. Additionally, neither the bulls nor the bears have currently the upper hand. Binance Coin Price Prediction The 21 day MA is still above the 7 day MA that indicates a bearish signal.  A further downtrend is to be expected. New targets should be set at $26.1860. Cryptocurrency Charts By Tradingview Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency or digital currency. Image(s): Shutterstock.com The post Stellar, EOS and Binance Coin Price Prediction and Analysis for July 17th; XLM, EOS, BNB appeared first on NullTX.

Nano Price Prediction Today: Daily (NANO) Value Forecast – July 16

The coin is fluctuating between the levels of $1.4000 and $1.8000. However, a short trade should initiate if the bulls fail to break the $1.800 resistance level. NANO/USD Medium-term Trend: Ranging Resistance Levels: $1.50, $1.60 ¸ $1.70 Support levels: $1.30, $1.20, $1.10 Yesterday, July 15, the price of NANO was in a bullish trend. On […]
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Binance Coin Breaking News: Falling Market Cap and Price

Coinspeaker Binance Coin Breaking News: Falling Market Cap and PriceToday, news outlets burst up with a striking update – Binance Coin (BNB) lost its market capitalization of $1.5 billion in just one day. This information was revealed by a well-known crypto data provider CoinMarketCap. As a result, Binance Coin slid down two positions in the ranking. Currently, having lost more than 8% of its value over the last 24 hours, it is trading at a price of $26.13 with a market cap $2 853 125 349.The reason behind this startling change lies in the decision of Binance to burn 808,888 of its coins for a total worth of $23.838 million. The market was quick to respond to reduced crypto circulation, and a new ranking placed Binance Coin on its non-conventional spot #8.This, however, should not come as a surprise – the coin reduction was officially announced by CEO of Binance, Changpeng Zhao, earlier this month. As a part of its plan, Binance intends to destroy BNB each quarter until it comes down to the number of 100 million tokens in total circulation. But, as Mr. Zhao emphasized, the only coins to be affected are the ones for internal use.Soon after Coinmarketcap declared the downfall of BNB, Mr. Zhao reacted on Twitter with a sarcastic comment:CMC just gave an 80M BNB haircut. They way CMC calculate Circulating Supply works only for mining coins, it does not work for projects with burn, unlocked team allocations, etc.Oh well, more room for $BNB to grow. 🙂 pic.twitter.com/ogSCCCvDEb— CZ Binance (@cz_binance) July 16, 2019Binance – What You Should KnowTwo years ago, Binance brought up the idea of launching its own token. Binance Coin (BNB), as it is known today, came to life after an ICO in July 2017. With the established circulation of 200 million BNB, Binance now took a decision to cut off 100 million of its tokens. This decision came after the company’s resolution to reduce crypto allocation to their co-workers.Binance is aiming to serve a variety of purposes. The most noteworthy use cases of BNB are:Covering trading fees on the exchange;Using as a supported currency with Crypto.com wallet (mobile app and Visa Card available);Buying virtual gifts on Uplive platform;Employing as a collateral for instant crypto loans on Nexo platform.Among the most recent developments, Binance switched all transactions in BNB to its native centralized network, Binance Chain. As Coinspeaker has reported earlier, this so-called process of changing blockchain network, Mainnet swap, occurred on April 23, 2019. However, Binance is not going to stop on that – in the future, it has even a more ambitious plan of building a decentralized exchange with Binance Coin as an underlying currency.Binance Coin Breaking News: Falling Market Cap and Price

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