Tag Archives: Takes

Ethereum Price Analysis: ETH Rally Takes Break, Uptrend Intact Above $140

Ethereum Price Analysis: ETH Consolidating Below Crucial Barriers

ETH price extended the recent rally and traded above the $144 and $148 resistances against the US Dollar. The price traded close to the $150 level and later started consolidating gains above $145. There is a major bullish trend line in place with support at $142 on the hourly chart of ETH/USD (data feed via Kraken). There could be a short term downside correction, but buyers remain in action above $140. Ethereum price posted solid gains against the US Dollar and bitcoin. ETH/USD tested the $150 resistance […]

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Jamie Dimon Says He Takes No Pleasure in Bitcoin Decline

Jamie Dimon Says He Takes No Pleasure in Bitcoin Decline

The CEO of JP Morgan Chase has once again spoken about Bitcoin (BTC). Jamie Dimon, who once called the digital currency a “fraud” and later backtracked on his comments has now said that he takes no pleasure in seeing prices take a short-term crash as he stated they would. Speaking at the World Economic Forum in Davos, Switzerland with CNBC’s Squawk Box, the CEO also lamented his preference for blockchain technology over Bitcoin. Jamie Dimon Finds No Satisfaction in Seeing Bitcoin Prices Slide Despite having previously vowed […]

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Facebook Takes Another Step Closer to Cryptocurrency

Facebook Takes Another Step Closer to Cryptocurrency

Social media giant Facebook has taken another step closer to crypto with its latest acquisition, the team behind a London based blockchain startup. Facebook Expands its Blockchain Division According to reports Facebook has quietly hired the team at Chainspace, a small startup founded by researchers from University College London. The company clearly has big ambitions in the crypto space and a direct move into blockchain is another indicator that Facebook has plans for its own crypto products. Chainspace released a whitepaper in August 2017 which details their […]

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TRON Founder Takes Shots at Ethereum Creator’s Twitter Follower Count

TRON Founder Takes Shots at Ethereum Creator's Twitter Follower Count

Since late November of last year, Bitcoin and the majority of other crypto assets such as Ethereum or Litecoin have continued to plummet to new lows. However, TRON, a cryptocurrency aimed at “decentralizing the web” has experienced solid and steady growth in value. TRON’s positive price action was due largely in part to an upcoming airdrop for the new BitTorrent Token launching on the TRON blockchain as a TRC-10 token, along with a major developer conference featuring celebrity appearances from the likes of Kobe Bryant and more. […]

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