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Posts Tagged ‘Analysis’

Ethereum Price Analysis: ETH Loses the Daily Uptrend

Ethereum price (ETH) has halted its upward trend, highlighting that confirmation bias is a dangerous thing. Let’s take a look at the current situation and where ETH/USD may be headed next.  Ethereum Price Stirs Bears While the general market set up was bullish up till this morning, the echo chamber of bullish news and moon…

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WSJ’s ShapeShift Exposé Overstated Money Laundering by $6 Million, Analysis Says

When it comes to cryptocurrency transactions, questions about alleged money-laundering quickly get thorny. A Wall Street Journal investigation from last September, titled “How Dirty Money Disappears Into the Black Hole of Cryptocurrency,” claimed the crypto conversion platform ShapeShift had facilitated at least $9 million worth of money laundering over several years with “a parade of…

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Bitcoin Price Analysis: Why BTC Bulls Are Charging at $4000

Bitcoin price broke out overnight and retested the $4k handle for the sixth time since the lows of the middle of December 2018. Let’s take a look at what this might mean going into the rest of the weekend. Bitcoin Price: 4-Hour Chart Looking at the 4-hour chart, we can see that Bitcoin price 00…

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Litecoin Price Analysis: Hitting Major Resistance

The Litecoin (LTC) price continues to surge following an impressive run over the past month — but is it ripe for a pullback? Let’s take a look. Fibonacci Retracement If we take a look at the Fibonacci retracement tool and draw a simple line from the all-time high to its most recent bottom, we can…

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Bitcoin Price Analysis: Pressure is Building

Sentiment among traders and speculators in the market is extremely temperamental, swinging between bearish and bullish on an almost daily basis. The charts are relatively neutral but pressure is certainly building in the Bitcoin (BTC) market. Let’s take a closer look at the action. 1-Day Chart The one-day chart for Bitcoin (BTC) shows that, since…

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Crypto Mogul Moshe Hogeg’s ICOs Have Unusual Patterns, Analysis Finds

Best-known internationally as the chief executive of the blockchain smartphone startup Sirin Labs, Moshe Hogeg is becoming known for something else in Israel – mounting lawsuits. As reported extensively by regional news outlets, a lawsuit filed in January claims Hogeg misappropriated funds from the sale of new cryptocurrencies for both his own gain and to…

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