Cryptocurrency Market Continues to Fall as Bitcoin Price Seeks Support at $6,700

On previous reports, CCN emphasized that the price of bitcoin will likely fall to the higher end of the $6,000 region in the short-term. Over the past 24 hours, the bitcoin price has dropped by 2.5 percent, from $7,580 to $7,350, dipping below the $7,300 mark at one point. Lack of Momentum Throughout 2018, the

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Bitcoin Gold Responds to Recent Double Spend Attack

The development team behind Bitcoin Gold has released an update on last week’s 51 percent attack, which the attacker weaponized through a double spend attack to steal funds from cryptocurrency exchanges. Published on Thursday, the update confirmed that the attacker had gained majority control of the network’s hashrate and used that control to reorganize the

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Crypto Investment Manager Touts 3 Catalysts for Bitcoin Cash Bull Run

Cryptocurrency portfolio manager Brian Kelly has been touting Bitcoin Cash for weeks, and now he’s doubling down on his bullish call. Bitcoin Cash outperformed other leading digital currencies, the latter of which have taken it on the chin in recent weeks. The Bitcoin Cash price advanced 6% over the last month compared to declines of

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Tron Price Surges 11 Percent Ahead of Mainnet Launch

The Tron price posted a double-digit percentage rally on Monday, as the much-hyped project moved within 10 days of its official mainnet launch. Tron Price Posts Double-Digit Rally The TRX token had entered the day trading close to $0.0685 on Bitfinex, after which it began a steady rally that quickly carried it past the $0.07

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Bitcoin Price Back at $8,500: Cryptocurrency Market Rebounds After Poor Week

On previous reports, CCN noted that the $8,200 resistance level is an important threshold to observe given that a drop below the $8,200 mark could lead the bitcoin price back to the $7,900 region. Over the past 24 hours, the cryptocurrency market has rebounded as the bitcoin price reached $8,500 and tokens such as Tron

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0x, Zilliqa, Aelf, and Ontology Record 10% Gains as Tokens Outperform Bitcoin

In yesterday’s report, CCN noted that Aelf, the decentralized cloud computing blockchain network developed by a team of Chinese developers, increased by more than 17 percent against bitcoin. Today, on May 20, the price of Aelf increased by another 10 percent, becoming the second best-performing cryptocurrency in the market for two straight days. Trend of

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Cryptocurrency Market Rebounds After Poor Week, Ether Gains 5% and Aelf Rises 17%

The cryptocurrency market has rebounded over the past 24 hours by around $17 billion, from $365 billion to $382 billion. Major cryptocurrencies including bitcoin, Ether and EOS increased in the 3 to 7 percent range, pushing the cryptocurrency market towards the $400 region. Ethereum and Tokens Ether, the native cryptocurrency of the Ethereum blockchain network,

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Binance Coin Price Rallies 21% after Exchange Doubles Referral Bonus for BNB Hodlers

The Binance Coin price (BNB) experienced a double-digit percentage rally on Friday after its issuer — cryptocurrency exchange giant Binance — announced that it was doubling the referral bonus for users holding a large number of BNB. BNB Price Makes Double-Digit Rally Despite Bearish Market BNB spent most of the previous day trading between $12.25

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Cryptocurrency Market Regains $7 Billion as Augur and EOS Prices Jump

The cryptocurrency market has slightly rebounded by $7 billion over the last 24 hours, despite the struggles of bitcoin, ethereum, and other major cryptocurrencies in the global market. Augur Deploys Smart Contracts On Ethereum Mainnet Earlier today, on May 17, the Augur team announced that after years of development, the smart contracts of Augur will

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Bitcoin Cash and EOS Drop 13% as Cryptocurrency Market Sheds $30 Billion Overnight

The cryptocurrency market has dropped by more than $30 billion overnight, from $408 billion to $377 billion. Major cryptocurrencies such as bitcoin, Bitcoin Cash, EOS, and Cardano dropped in the 5 to 13 percent region, with Bitcoin Cash and EOS dropping 11 percent and 13.5 percent respectively. Bitcoin Cash and EOS Traders have often described

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