Bitcoin Cash Price Technical Analysis – BCH/USD Back above 100 SMA

Key Points Bitcoin cash price stayed above the $1,240 support level and recovered against the US Dollar. There was a break above a connecting bearish trend line with resistance at $1,320 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is now back above $1,350 and the 100 hourly simple

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New Data Depicts the Explosion in Token Sales

New Data Depicts the Explosion in Token SalesIt’s no secret that token sales have grown exponentially since the start of last year. The extent to which the industry has mushroomed, however, can be hard to visualize in a space where figures referencing billions in capital are casually tossed around. Newly released data reveals the astronomical growth of ICOs and shows the rise […]

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St. Louis Fed Rejects Notion of Central Bank-Issued Cryptocurrencies

St. Louis Fed Rejects Notion of Central Bank-Issued CryptocurrenciesThe St. Louis Federal Reserve has published an essay critically evaluating the notion of cryptocurrencies that are issued by central banks. The article is highly dismissive in presenting what it describes as “the non-case for central bank cryptocurrencies,” concluding that “a central bank will not issue cryptocurrencies in the sense of a truly decentralized and […]

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