Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, NEM, NEO, EOS: Price Analysis, Feb 05

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What is prompting the recent market plunge? #PRICE_ANALYSIS Read more –> click here all content is copyright CoinTelegraph. Need Bitcoin marketing and PR? Bitcoin PR Buzz has been proudly serving the PR and marketing needs of Bitcoin and digital currency tech start-ups for over 2 years. Get your own professional Bitcoin or cryptocurrency press release CLICK HERE. Powered by ABITCO.IN Read More

Bitcoin Rate Watch; Hedging The Dip – Inside Bitcoins – News, Price, Events

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This story was shared from this website It’s time to put forward the next of our bitcoin cost watch analyses– this time for a Thursday morning European session. This week has actually not been an excellent one. Neither was last week, but this one hurts that little bit more provided that cost has now fallen and held below the $10,000 mark– a level that people have actually been watching closely as a key psychological threshold.This suggests that– a minimum of near term– we may see some further weakness in the markets as rate pushes forward into the session today.As we always say, nevertheless, there’s actually absolutely nothing we can do outside of push forward with an intraday technique and hope that if things do continue to deteriorate, we are able to hedge with a downside entry in the instructions of the decline.So, with this all said, let’s get some levels in place that we can use for the session moving forward. As ever, take a glance at the chart listed below before we get begun. It’s a one-minute candlestick chart and it’s got our main range overlaid in black.As the chart reveals, then, the range that we are looking at …

Cloud Network Xunlei Hit By Class Actions Over ICO Activity

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Amid its blockchain and cryptocurrency pivot, cloud-based content delivery network Xunlei has been hit by two class action suits alleging it distributed false information that materially affected its stock price. According to the two latest filings with the New York Southern District court on Jan. 18 and Jan. 24, respectively, the lawsuits against Xunlei and its CEO Chen Lei, CFO Eric Zhou and Zhou’s predecessor Wu Tao, are being brought by investors who purchased Xunlei stock from Oct. 10, 2017 to Jan. 11, 2018. The filings state that during that period, Xunlei announced its shift into exploring blockchain technology, and subsequently launched a blockchain-based token to facilitate its cloud services. The plaintiffs allege that the company, while knowingly participating in unlawful initial coin offerings, also issued a series of false statements about the legitimacy of this activity, which led to a material impact on its stock price. As such, the plaintiffs are seeking remedy through legal action. Xunlei, based in China and listed on the New York Stock Exchange, was one of the first publicly traded companies that saw its stock price rise then plunge amid a business pivot into blockchain technology in late 2017. Yet, the latest legal cases …

India to curb cryptocurrency use, however embrace blockchain technology

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By: Reuters| Arun Jaitely informed Parliament today that the federal government would not captivate using cryptocurrency across any part of the financial system. (File Picture) India’s government said it doesn’t consider cryptocurrencies as legal tender and will take all steps to get rid of payments using them.” The government does not think about cryptocurrencies legal tender or coin and will take all procedures to get rid of use of these crypto-assets in funding illegitimate activities or as part of the payment system,” Finance Minister Arun Jaitley told lawmakers in New Delhi on Thursday. “The federal government will explore use of blockchain innovation proactively for ushering in digital economy.” Since reaching a peak of nearly $20,000 in early December after the intro of futures contracts on controlled exchanges in the US, a series of unfavorable news has buffeted Bitcoin and competing cryptocurrencies, with losses heightening because the start of 2018. Bitcoin’s January slide knocked $44.2 billion off the $200 billion in market price generated in all of 2017, the biggest one-month loss in dollar terms in the brief history of digital assets.The South Asian nation’s income tax authorities had actually begun investigations into transactions at numerous unlawful Bitcoin exchanges in December, …

Blockchain for cybersecurity: Exactly what is its prospective, exactly what are its constraints?

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Sachin Shetty, associate teacher at Old Dominion University’s Center for Cybersecurity Education and Research, is delighted about blockchain’s capacity, and is researching with Sentara Healthcare into how it might be deployed. However privacy and scalability pose difficulties, he stated. Read More

Bitcoin Is Formally Illegal In India As The Federal Government Does Not Recognise It As A Legal Tender

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Union Budget 2018: The government of India does not think about cryptocurrencies as legitimate, however it will explore making use of blockchain technologies. Read More