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Bitcoin price crash: Cryptocurrency market in mysterious meltdown as value suddenly drops – The Independent

The IndependentBitcoin price crash: Cryptocurrency market in mysterious meltdown as value suddenly dropsThe IndependentBitcoin and other major cryptocurrencies are crashing in an unexplained and dramatic market collapse. After weeks of steady gains, bi…


The Independent

Bitcoin price crash: Cryptocurrency market in mysterious meltdown as value suddenly drops
The Independent
Bitcoin and other major cryptocurrencies are crashing in an unexplained and dramatic market collapse. After weeks of steady gains, bitcoin dropped in price by more than $300 in the space of an hour on Wednesday morning, with ethereum, ripple and
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Universities respond to acute crypto skills shortage

With a recent Deloitte survey identifying a shortage of crypto skilled staff as contributing to industry’s slow uptake of blockchain solutions, a new report from Coinbase comes as welcome news 

With a recent Deloitte survey identifying a shortage of crypto skilled staff as contributing to industry’s slow uptake of blockchain solutions, a new report from Coinbase comes as welcome news 

Ethereum Price Analysis: ETH/USD Moving Lower Within Range

Key Highlights ETH price failed to gain traction above $292-295 and declined recently against the US Dollar. This week’s followed important bearish trend line is still in place with resistance near $288 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to break the $288 and $290 resistance levels to gain

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Key Highlights

  • ETH price failed to gain traction above $292-295 and declined recently against the US Dollar.
  • This week’s followed important bearish trend line is still in place with resistance near $288 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair has to break the $288 and $290 resistance levels to gain momentum in the near term.

Ethereum price is facing crucial hurdles against the US Dollar and bitcoin. ETH/USD buyers must gain traction above $290 to push the price higher.

Ethereum Price Resistance

There were many attempts by ETH price to clear resistances like $292 and $290 against the US Dollar. However, the ETH/USD pair failed to gain bullish momentum and it slowly moved down. It broke the $284 support recently and spiked towards the $277 level. A low was formed at $277.97 before the price made a nice recovery. It moved above the 23.6% Fib retracement level of the last decline from the $302 high to $277 low.

However, the price faced a strong resistance near the $291 level and the 100 hourly simple moving average. Furthermore, the 50% Fib retracement level of the last decline from the $302 high to $277 low also prevented gains. More importantly, this week’s followed important bearish trend line is still in place with resistance near $288 on the hourly chart of ETH/USD. As long as the price is below the trend line and the $290 level, it could continue to move down. If there is an upside break above $288-290, the price is likely to climb above the $295 level in the near term.

Ethereum Price Analysis ETH USD

Looking at the chart, ETH price is clearly facing a strong resistance near the trend line, $288, and the 100 hourly SMA. On the downside, the $281 level is an initial support, followed by the recent swing low of $277.

Hourly MACD – The MACD is currently placed in the bearish zone.

Hourly RSI – The RSI is currently below the 50 level.

Major Support Level – $281

Major Resistance Level – $288

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PR: DINNGO Hybrid Exchange Announces Bluetooth Integration Between Cold Wallets and Mobile Devices to Change the Way we Trade Digital Currencies

Bitcoin Press Release: DINNGO is tackling a core issue when it comes to trading crypto. We’ve all heard the horror stories about hacked centralized exchanges and experienced for ourselves the inefficiencies of a decentralized alternative. This new hybrid exchange will change the industry from the ground up. 28th August, 2018, Singapore, Malaysia – When it …

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Bitcoin Press Release: DINNGO is tackling a core issue when it comes to trading crypto. We’ve all heard the horror stories about hacked centralized exchanges and experienced for ourselves the inefficiencies of a decentralized alternative. This new hybrid exchange will change the industry from the ground up.

28th August, 2018, Singapore, Malaysia – When it comes to trading digital currencies, the need for security is always front and centre. Many users waste countless hours connecting offline wallets to slow and inefficient decentralized exchanges, just to feel their money is safe and secure. DINNGOremoves the hassle – and will be the first exchange in the market to offer seamless bluetooth integration between offline (cold) wallets and mobile devices. This means that users will be able to trade cryptocurrencies on their exchange securely, and at the click of a button – wherever they are.

The DINNGO Solution

CEO Hsuan-Ting Chu, a serial entrepreneur who has built multiple VC funded businesses, and his experienced team, are building an exchange which will provide a customizable interface, address long-standing customer support issues associated with major exchanges, and increase efficiency in the way we trade crypto.

‘We see an obvious gap in the market with what is currently on offer to crypto investors and traders. We want to provide a secure, efficient and reliable exchange that can deliver all the peace of mind that comes with a decentralized exchange and the user experience of a centralized exchange. The way our mobile app integrates with our cold wallet is unique, and we think it can change the way people trade crypto’ – Hsuan-Ting Chu, DINNGO CEO.

Alongside Hsuan-Ting are COO, Blake Ho and Chief Blockchain Officer, Ben Huang. Blake brings with her years of experience working in operations and marketing at Citi Bank and Ben was the core developer of Gcoin and DiQi. With an experienced team behind them, DINNGO aims to launch the BETA version of their exchange in Q4 2018, before their official launch in early 2019.

DINNGO Private and Public Sale

To raise funds for the effective marketing and deployment of the revolutionary platform, DINNGO will be conducting a token sale of their DGO token, split over two rounds. The private pre-sale is nearly 70% sold out, with some big name backers coming onboard. YK Chu, managing director of WI Harper (Venture Capitalists) has invested in the project alongside other exciting partners. For nearly three decades, WI Harper have backed visionary entrepreneurs in both the US and Greater China regions, having invested in over 350 companies and have seen more than 100 successful liquidity events.

The DINNGO token sale will open up to the public on 16th September 2018 and the whitelist is currently open. The DGO token is a utility token which supports the DINNGO ecosystem. Holders will not only enjoy a 50% discount on transaction fees, but will receive premium trading functions on the DINNGO exchange and access to numerous Airdrop campaigns.

Please visit the DINNGO website and read the whitepaper for more details on key features, the token sale, and the team.

Check out the DINNGO Website – http://bit.ly/DINNGO_Official
Chat on Telegram – http://bit.ly/DINNGO_TEL
Read the Whitepaper – http://bit.ly/DINNGO_WP

Media Contact Details
Contact Name: Star Fan
Contact Email: [email protected]

DINNGO is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high risk tolerance. Only participate in a token event with what you can afford to lose.

This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. The DINNGO token sale is closed to US participants and participants of all countries in which ICOs are illegal.

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PR: Sparkdex: Hong Kong’s First Decentralised Cryptocurrency Exchange Addresses Current Security Concerns

Bitcoin Press Release: Sparkdex Hong Kong’s first decentralized cryptocurrency exchange to launch 30th August, 2018. August 28th, 2018, Hong Kong – Sparkdex launches its decentralized exchange on the 30th of August, 2018, for cryptocurrency traders. Designed to protect traders, the Sparkdex decentralised exchange will be the first in Hong Kong to permit traders worldwide to …

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Bitcoin Press Release: Sparkdex Hong Kong’s first decentralized cryptocurrency exchange to launch 30th August, 2018.

August 28th, 2018, Hong Kong – Sparkdex launches its decentralized exchange on the 30th of August, 2018, for cryptocurrency traders. Designed to protect traders, the Sparkdex decentralised exchange will be the first in Hong Kong to permit traders worldwide to own their funds and trade P2P. The exchange is made specifically for stablecoins, cryptocurrencies, and tokens. Sparkdex does not require invasive documentation, impose transaction limits on withdrawals or deposits and 0.2% – 0% trading fees depending on asset traded. Cryptocurrency traders can expect high-performance trading with Sparkdex capable of handling the trading volume of the Nasdaq and trading speeds of 100,000 transactions a second.

Sparkdex is apart of Spark’s money transfer ecosystem built on the BitShares blockchain. The decentralised exchange will host the company’s incoming volume of stablecoins pegged to 180+ international currencies from its international product line of web and mobile application that has been serving businesses and consumers since 2014.

George Harrap, Co-founder, CEO of Spark said,

“Spark is proud to be debuting Sparkdex which enables traders to access the world’s largest, most active, most liquid and highest capacity exchange in the world.”

Maxine Ryan, Co-founder, COO of Spark stated,

“The Sparkdex is next generation trading available now. It’s the biggest advance in trading security from centralised risk since cryptocurrency exchanges went mainstream. We are excited to begin building Spark’s liquidity from our international markets directly on Spardex.”

About Spark

Spark (2014), formally Bitspark, provides a bankless future for money transfers. Businesses and consumers can easily and competitively transfer money via stablecoins pegged to international currencies. Spark’s services require no bank account or knowledge of cryptocurrency making it friendly for the unbanked and de-risked businesses to access over seven countries across Africa and Asia. The Hong Kong based company also conducted the world’s first money transfer using bitcoin. Spark aims to address the current problems in the industry in regards to security to inspire trust and allow users and business to trade cryptocurrencies with confidence.

For more Information, visit the Sparkdex website at – http://www.bitspark.io/trade
Connect on Telegramhttps://t.me/joinchat/SparkDEX
Follow on Twitter – https://twitter.com/SparkDEXdotio

Media Contact
Contact Name: Maxine Ryan
Email: [email protected]

Sparkdex is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all. Token sales are only suitable for individuals with a high-risk tolerance. Only participate in a token event with what you can afford to lose. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Follow BitcoinNews.com on Twitter: @bitcoinnewscom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

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