Game changers: stepping-up blockchain or everything is going according to plan

Game changers: stepping-up blockchain or everything is going according to plan

Ripple’s co-founder sells-off tokens, Google reverses ban on crypto ads, Coinbase changes its listing policy, Red Belly Blockchain speeds up, Monero patches 'burning bug'

The Google Ads policy on Financial products and services will be updated in October 2018 to allow regulated cryptocurrency exchanges to advertise in the United States and Japan.

Official statement by Google

XRP

0.3078 USD
-0.97%

XMR

51.07 USD
0.17%

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UPS Cuts Deal with Blockchain Company Inxeption

The post UPS Cuts Deal with Blockchain Company Inxeption written by Richard Kastelein appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics Setting up, selling and shipping products online will now be easier for UPS’s B2B clients thanks to a new alliance between UPS and e-commerce technology company Inxeption.   “The growth of e-commerce is driving B2B buyers to expect the same fast and convenient shopping experiences that consumers enjoy,” said Kevin Warren, chief marketing officer for UPS. […] The post UPS Cuts Deal with Blockchain Company Inxeption written by Richard Kastelein appeared first on Blockchain News - Security and Utility Tokens, Tokenomics, Cryptoeconomics
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Ripple Price Analysis: XRP Signaling Significant Bearish Break

Ripple price failed to break the $0.3240 and $0.3250 resistance levels against the US dollar. Buyers failed to hold a couple of important supports and the price declined below $0.3180. There was a break below a significant contracting triangle with support at $0.3180 on the 4-hours chart of the XRP/USD pair (data source from Poloniex). The price is now trading well below the $0.3155 support and it might decline strongly below $0.3085. Ripple price is under a lot of selling pressure against the US Dollar. XRP broke the $0.3155 support and moved into a bearish zone, with a negative bias. Ripple Price Analysis This past week, there was a decent rebound in bitcoin, Ethereum, bitcoin cash, ADA and ripple against the US Dollar. The XRP/USD pair made a couple of attempts to clear the key $0.3250 and $0.3280 resistance levels. However, there was no convincing break above the $0.3300 resistance area. Buyers failed to gain pace above the $0.3240 and $0.3250 resistance levels. As a result, there was a downside reaction below the $0.3200 support and the 55 simple moving average (4-hours). More importantly, there was a break below a significant contracting triangle with support at $0.3180 on the 4-hours chart of the XRP/USD pair. The pair settled below the triangle support and the $0.3155 pivot level. A swing low was formed at $0.3083 before the price corrected higher. It broke the 23.6% Fib retracement level of the last slide from the $0.3286 high to $0.3083 low. However, the broke triangle support acted as a resistance and prevented gains. There was no test of the 50% Fib retracement level of the last slide from the $0.3286 high to $0.3083 low. The price declined again and it seems like sellers might push the price below the $0.3083 low. The recent bearish break could be significant and it is likely to spark heavy downsides below $0.3080 in the coming sessions. The next key support is at $0.3050, below which the price may revisit the $0.3000 support. Looking at the chart, ripple price clearly broke a couple of important supports near $0.3180 and $0.3155. Therefore, there is a risk of more losses below the $0.3085 and $0.3050 levels. On the upside, the main resistance is at $0.3185 and the 55 simple moving average (4-hours). If buyers gain traction above the $0.3200 level, there could be a decent recovery above $0.3250. Technical indicators 4 hours MACD – The MACD for XRP/USD is currently gaining bearish momentum, with a negative bias. 4 hours RSI (Relative Strength Index) – The RSI for XRP/USD declined recently and it is now well below the 40 level. Key Support Levels – $0.3085, $0.3050 and $0.3000. Key Resistance Levels – $0.3185 and $0.3200. The post Ripple Price Analysis: XRP Signaling Significant Bearish Break appeared first on Live Bitcoin News.
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