TA: Ethereum Recovers 6%, Why 100 SMA Is The Key For Upsides
Ethereum extended its decline and tested the $1,000 support against the US Dollar. ETH is recovering, but it must clear $1,280 to start a steady upward move.
Analysis says ASIC Dominates Monero Hashrate
According to the latest analysis, Monero, the privacy-focused cryptocurrency which is known for using ring signatures to obfuscate the actual sender of a transaction is dominated by ASICs, and if it is indeed correct, Monero community would have to make a decision, once more.
Analysis of cryptocurrency exchange wallets shows holdings are decreasing
There are currently approximately 716,000 bitcoins (4.1% of circulation), 7 million ether (6.8% of circulation) and 1.2 billion tether (63.5% of circulation) held in the publicly known wallets of crypto exchanges according to research conducted by The Block (see the table). It’s important to note that:
WeChat Now Censoring Bitmain and Crypto Price Prediction Accounts
The WeChat messaging app is continuing its efforts to block official accounts that involve cryptocurrencies, now targeting those that distribute content for sales of bitcoin miners and cryptocurrency market analysis.