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Username:Serega Smile
Twitter Link:https://twitter.com/SOHEuiCV21ixhCU
Followers: 600
ETH address: 0x6990dE9A681B19FEB9AF2E6B4327508A4Cab73c7
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ETH prices rose 4.95% in the last 24 hours, bringing the Ethereum to USD exchange rate to $1,213.84. Other cryptos, from Bitcoin to TRON, fell during the same time period. Perhaps this is due to investors are blaming China’s imminent ban on Bitcoin mining as the source of pessimism.If it is true, Ethereum could benefit enormously from Bitcoin’s woes. It is not as heavily exposed to a Chinese mining ban, plus it is not coming off an overextended rally like Bitcoin. As a result, it could attract a lot of the capital bleeding out of BTC.
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After multiple rejections of the $0.17 support area, Golem started to rise rapidly, breaking above the 200 Moving Average. As uptrend continued GNT/USD broke above the previous all-time high at $0.72 and then went even higher breaking the $0.87 resistance, that is 127.2% Fibonacci retracement level.
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About $3.81 billion worth of payments has been made using Litecoin in the past 24 hours. That’s about 26.81% of its market cap.
Litecoin is vying to become a “medium of exchange” for the digital world. Its end goal is to complement, if not fully substitute the slower and more expensive cryptocurrency, Bitcoin. To achieve that, however, LTC prices must stabilize to become more predictable.
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