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Ripple Labs has long been a polarizing startup in the cryptosphere. Case in point, the San Francisco-headquartered company, started by Stellar Development Foundation, Mt.Gox co-founder Jed McCaleb, is often bashed for being in bed with centralized financial entities — what Bitcoin was created to destroy. Moreover, many believe that...
Ethereum Classic, the original unforked Ethereum blockchain, has suffered a 51% attack resulting in nearly half a million dollars worth of double spends according to Coinbase. Coinbase detected the deep chain reorganizations over the weekend, forcing the cryptocurrency firm to freeze all Ethereum Classic transactions on their trading...
Following a few days of sideways trading crypto markets have bounced again today as $7 billion gets funneled back into digital currencies. Not all are benefiting from this rally though but the ones that are include Litecoin and Neo which are the only two adding double digit gains...
Key Highlights Ethereum classic price declined further and even broke $4.00 against the US dollar. There is a key bearish trend line formed with resistance at $4.10 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is likely to find sellers near $4.10,...
While crypto’s unbridled optimists have done their best to keep this market afloat, incessantly imploring Bitcoin investors to “HODL” and “BUIDL,” their cries haven’t stopped a key Ethereum Classic development group from unfortunately capitulating. Ethereum Classic Ecosystem Loses Key Player Amid Market Tumult After a multi-month downturn in...
Key Highlights Ethereum classic price started a fresh decline after trading close to $5.30 against the US dollar. There was a break below a major bullish trend line with support at $4.60 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is now...
Key Highlights Ethereum classic price recovered recently and tested the $5.00 resistance against the US dollar. There was a break above a crucial bearish trend line with resistance at $4.45 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is currently correcting lower,...
Key Highlights Ethereum classic price is under pressure below the $5.00 resistance against the US dollar. There is a major bearish trend line formed with resistance at $4.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is likely to struggle above $4.50...
Key Highlights Ethereum classic price declined towards the $5.00 support and recovered against the US dollar. There was a break above a key contracting triangle with resistance at $5.55 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is currently placed nicely above...
Key Highlights Ethereum classic price tumbled recently below the $7.00 and $6.00 supports against the US dollar. There is a short term bearish trend line formed with resistance at $6.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is likely to extend...
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