CRYPTOCURRENCY BUZZ





Market Quotes by TradingView


cryptocurrency buzz A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography is used to secure the transactions and to control the creation of new coins. The first cryptocurrency to be created was Bitcoin back in 2009. Today there are hundreds of other cryptocurrencies, often referred to as Altcoins.

Unlike centralized banking, like the Federal Reserve System, where governments control the value of a currency like USD through the process of printing fiat money, government has no control over cryptocurrencies as they are fully decentralized.

Most cryptocurrencies are designed to decrease in production over time like Bitcoin, which creates a market cap on them. That’s different from fiat currencies where financial institutions can always create more, hence inflation. Bitcoin will never have more than 21 million coins in circulation. The technical system on which all cryptocurrencies are based on was created by Satoshi Nakamoto.

BItcoin Cash forecast | analysis price struggled to remain in the bullish zone and moved below $500 against the US Dollar. There was a break below a major bullish trend line with support near $475 on the hourly chart of BCH/USD (data feed from Kraken). The price is just holding the $410-420 support area, but
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NEM forecast | analysis  XEM/USD is trading at 0.2261. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for NEM. A breakdown of the upper boundary of the Indicator Cloud is expected with a test near 0.22, from which it is expected to attempt a rebound and continued growth with
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Monero forecast | analysis XMR/USD is trading at the level of 94. Cryptocurrency is traded inside the Ichimoku Cloud Kinko Hyo, which indicates the presence of a flat trend on the Monero. The test of the upper limit of the Cloud of the indicator near the level 95 is expected, from which we should expect a
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Zcash forecast | analysis ZEC/USD is trading at 187. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend in Zcash. Expected to test the upper boundary of the Cloud of the indicator near the level of 188, from which it is expected to attempt a rebound and further
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Ripple forecast | analysis XRP/USD is trading at the level of 0.1753. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend over Ripple. Expected to test the upper boundary of the Cloud of the indicator near the level of 0.1770, from which it is expected to rebound and drop the
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