Tokyo court hands down surprise ruling against Mt. Gox CEO Mark Karpeles

After years of waiting, the next chapter in the Mt. Gox cryptocurrency exchange saga has finally drawn to a close. The exchange’s founder and former CEO, Mark Karpeles, stood trial in Tokyo for his role in the demise of the exchange, ultimately being charged with embezzlement, price manipulation and other charges. The Japanese court has…

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Ripple Price Analysis: XRP Find Support as Bears Slow Down

Ripple price 3 cents from the primary support Exim bank set to adopt the xRapid system by the end of March 2019 Transaction volumes low but XRP is technically bullish Over and above everything, Sep 2018 rally guides our medium to long-term price projection. In the short-term, price drops below our support line at 30…

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XRP Price Down as Markets Turn Sour Once Again

Ever since Christmas eve, cryptocurrency markets have been changing directions every single day. After peaking at $0.44 earlier this week, XRP has been looking for support ever since. Currently XRP is trading at $0.36, down roughly 3% in the past 24 hours. Other than a huge price spike of over 50% back in September, XRP…

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Ripple, Emerging to Break Forces Hitting Down the Crypto Space?

The current bearish condition in the crypto space has left a lot of suspense in the minds of all crypto users, investors, and enthusiasts. Millions of dollars have gone down the drain in a little space of time. One is left wondering if the digital currency space would rise again from this huge fall. As…

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Bitcoin [BTC] Price Analysis: Will the Bears break down side of $6,286?

BTCUSD Medium-term Trend: Bearish Resistance levels: $6,366, $6,439, $6,509                                             Support levels: $6,286, $6,192, $6,092 The coin is in bearish trend on medium-term outlook. The bears returned to the BTC market with full force on November 8 after the BTC price reached its high of $6509 price level by the bulls’ pressure. Short consolidation was…

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Ethereum Price Analysis: ETH/USD Down and Out Below Key Support

Key Highlights ETH price declined sharply and broke the $220 and $214 support levels against the US Dollar. There was a break below a short-term bullish trend line with support at $222 on the hourly chart of ETH/USD (data feed via Kraken). The pair even broke the $200 support and traded as low as $193….

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XRP, Ethereum [ETH], Bitcoin Cash [BCH]: Trio tumbles down by over 11%

After moving sideways for a while, the cryptocurrency market has taken a downward trend where the biggest losers are observed to be Ether [ETH], XRP and Bitcoin Cash [BCH]. In the 24-hour scenario, ETH has slumped by 11.23%, XRP by 13.36% and BCH by 12.94%. Within 3 hours, the total market capitalization on the cryptocurrency charts…

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Ripple (XRP) Defends 5 Week EMA Amid No Signs Of A Slow Down

Chart for XRP/BTC (1W) Ripple (XRP) has defended its 5 Week EMA. This is a clear message to all the critics out there calling Ripple (XRP)’s rally a pump and dump. RSI for the above weekly chart for XRP/BTC does seem to have neared the overbought range. However, there is no sign of a slowdown…

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Tron (TRX) Team despite Weak Market Performance is Not Backing Down: Announcements & Latest

When the crypto-market is overtaken by bears having their saying, best to do is taking a step back and gather more knowledge about the tech we all enthusiast so much about. One of the best contenders in the digital currency verse with no doubt is Tron (TRX) as since its debut the coin has cemented…

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Coinbase trade volume down by 83% whereas OKEx witnesses a huge growth

Diar recently released a report on cryptocurrencies, State of the Digital Assets Trading. The report studies the effect of cryptocurrency volatility has had on the cryptocurrency markets. In addition, the reports show the impact it had on cryptocurrency exchange platforms. According to the report, Coinbase, one of the leading cryptocurrency exchange platform in the world…

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Bitcoin (BTC) Price Watch: Down But Not Out!

Bitcoin Price Key Highlights Bitcoin price appears to be keeping its head above the near-term area of interest at the channel support. If a bounce back to the resistance happens, an inverse head and shoulders pattern could also be completed. A break past the channel top could be enough to confirm that a long-term uptrend…

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BNT Plummets as Bancor Reports Security Breach and Goes Down for Maintenance

The decentralized cryptocurrency platform halted operations while investigating the security breach, which led to dropping prices. Decentralized cryptocurrency platform Bancor announced on Monday that it has experienced a security breach and is currently under maintenance while investigating the matter. The network’s native token BNT plunged on the announcement, losing as much as 20% of its…

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IOTA Bug Brings Network Down, Some Nodes Up But Problem Unsolved

Every single node on IOTA’s network went down on July the 6th according to Sarah Lewis, a researcher. She said: “Currently the confirmed transaction ratio in iota is practically 0 because someone is stitching the side tangle to the main tangle and this apparently breaks regular nodes ability to select tips… This seems to have taken…

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Estcoin Update: Estonia Bows to Pressure from EU, Banks, Scales Down National Cryptocurrency Project

Estonia will significantly scale down its national cryptocurrency plans after sustained criticism from both the European Central Bank (ECB) and local banking authorities in the country. Consequently, the proposed digital asset called Estcoin will be employed in Estonia’s e-residency program. Estcoin Will Not Be a National Cryptocurrency In August 2017, state officials in Estonia revealed…

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Huawei adds a bitcoin wallet to its app store even as China cracks down on trading

Huawei has teamed up with BTC.com to add the latter’s bitcoin wallet to its new AppGallery. The move comes as China cracks down on speculative trading in the cryptocurrency market. The AppGallery will be pre-installed on all new Huawei and Honor phones and rolled out to other devices in the second quarter. Huawei has released…

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Pineapple Fund Shuts Down After Donating $55m in BTC

The anonymous Bitcoin philanthropist behind the Pineapple Fund has announced that they are closing down. In a surprise announcement, the anonymous donor – who goes by the name of ‘Pine’ – said that having made their final donation to the Internet Archive (a non-profit organization looking to set up an internet-files library) they would be…

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BNB Price Down In Wake Of A $30Million Coin Burn

Reports out this afternoon are discussing a coin burn that was carried out by Binance yesterday, which has seen reduction of numerous coins to an estimated value of around $30million. According to Ethereum World News, the burn saw a circulation of 2,220,314 BNB reduced to just 194,972,068 BNB, reducing the full BNB circulating supply down…

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Two More Cryptocurrency Exchanges Shut Down In Coincheck Hack Wake

With the addition of Mr. Exchange and Tokyo Gateway, the number of cryptocurrency exchanges to shut down in Japan has gone up to 5. Ever since the world’s biggest cryptocurrency exchange hack resulting in over $530 trillion worth of cryptocurrencies being stolen from Coincheck, the Japanese Financial Service Agency has ramped up its efforts to…

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Dean Sutton Breaks Down Crypto and Blockchain Holistically

Dean Sutton, CEO of BlockTech Ventures I can tell you right now, if you were to give me a topic in the cryptocurrency space, I could send you a very compelling whitepaper, in 72 hours. It has nothing to do with my experience in the industry or any ability to build a team that could…

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The Reasons Why Japanese Crypto Exchanges are Shutting Down

Japan became a complicated legal environment for several crypto exchanges to continue providing their services, some of them have been already suspended, while others have withdrawn their application and prepare to close. According to Nikkei Asian Review, Mr. Exchange and Tokyo GateWay have withdrawn their legal file submitted with the Financial Services Agency in Japan…

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