Yearly Archives: 2021

CipherTrace Releases DHS-Funded Monero Tracing Tools

Key Takeaways CipherTrace has released a set of Monero tracing tools. The toolset is the result of funding from the U.S. Department of Homeland Services that began last year. The Monero community is skeptical of the tool’s effectiveness. Share this article Blockchain analytics firm CipherTrace has announced the release of a set of tracing tools for use with the privacy coin Monero. CipherTrace Provides Tracing Tools CipherTrace’s Monero toolset reportedly allows the company’s clients… Source link

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Is Litecoin Ready For A Bounce Back?

Is Litecoin Ready For A Bounce Back?

Litecoin (CRYPTO: LTC) is trading higher Wednesday, likely moving with the rest of the bullish cryptocurrency market. The majority of the market is trading green and Ethereum (CRYPTO: ETH) leads the pack.  Litecoin was up 3.28% at $143.52 at last check Wednesday, while Ethereum was up 9.29% at $2,707.10.  Litecoin Daily Chart Analysis Litecoin recently bounced near an old support level and looks to be trading in an inverse head and shoulders… Source link

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What’s Bitcoin? A beginner’s guide to the world’s first cryptocurrency

Bitcoin (BTC-USD) — the world’s first digital currency — has been a hot topic in financial circles for at least the last few years, and arguably needs no introduction. Surveys suggest a majority of Americans have at least heard of it. In layman’s terms, Bitcoin is a virtual currency (aka cryptocurrency) which can be exchanged through online transactions, and is stored on a digital ledger. Once trading for pennies on the dollar, one unit now costs nearly $40,000 with a market… Source link

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LTC eyes a 30% opportunity

Litecoin price closed last week with a 9.81% gain and finished July up 0.05%. LTC has defined a double bottom pattern, but it may be plotting a handle after failing to close above $149.26. The 50-week simple moving average (SMA) at $143.15 and the 2019 high of $146.00 combine to form fierce resistance.   Litecoin price responded to the oversold condition on the daily Relative Strength Index (RSI) with a 35.71% rally over the next ten days. It was an impulsive… Source link

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Why The Bitcoin Price Is Down Since April

Watch This Episode On YouTube Listen To This Episode: In this episode of Bitcoin Magazine’s “Fed Watch” podcast, hosts Christian Keroles and I, Ansel Lindner, reviewed my latest article “What Caused the Mid-Cycle Bitcoin Price Correction” and then did a tour of recent central bank news from around the world. We also hit on the future of China, North America and the Fourth Turning. My recent article was about the most important narratives from the second quarter of the year, that when… Source link

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ETH Holds $2450 Support Ahead Of Major Network Upgrade

ETH/USD – Ether Falls Below Price Chanel But Finds .236 Fib Support Key Support Levels: $2460, $2400, $2320.Key Resistance Levels: $2550, $2640, $2700. Ethereum surged higher over the past fortnight inside the confines of an ascending price channel. This price channel allowed it to reach as high as $2700 this week. Unfortunately, ETH pulled back slightly from this high and fell beneath the price channel today. After breaking the lower angle of the price channel and the… Source link

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Monero Developer Arrested in US on Fraud Charges at Request of South African Government – News Bitcoin News

Monero Developer Arrested in US on Fraud Charges at Request of South African Government – News Bitcoin News

Former lead maintainer of Monero Riccardo Spagni, aka Fluffypony, has been arrested in the U.S. and is now waiting for his extradition to South Africa where he will stand trial for fraud. Spagni described the case as “an old matter, which I have continuously been trying to resolve since 2011.” Fluffypony Arrested, Waiting for Extradition to South Africa The U.S. government filed a Memorandum of Extradition Law and Request for Detention Pending… Source link

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Why Ethereum Could Surpass Bitcoin In The Near Future – Crunchbase News

By Ahmed Shabana Even after the major cryptocurrencies experienced an ominous collapse from their all-time highs in April, most are up by 200 percent to 300 percent or more from this point last year. Bitcoin is getting all the headlines, and there are legitimate concerns about its roller coaster nature. Subscribe to the Crunchbase Daily But what about Ethereum? Conceptualized in 2013, Ethereum is an open-source platform that helps to develop and implement new decentralized… Source link

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