Ethereum Price Weekly Analysis: ETH/USD Sellers Defend Key Resistance

Key Highlights ETH price recovered a few points, but it faced a strong resistance near $202 against the US Dollar. There is an important bearish trend line in place with resistance at $200 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair must break the $200 and $202 resistance levels to move into a positive zone. Ethereum price is facing tough challenges versus the US Dollar and Bitcoin. ETH/USD may perhaps decline once again if it fails to move above $200-202. Ethereum Price Analysis This past week,…

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Professional Course Prepares Russian Lawyers for the Cryptocurrency Industry

Russian companies have organized an enhancement course to prepare legal experts for the challenges of working in the cryptocurrency space. The oldest university of economics in the country, two law firms providing services to digital businesses, and both houses of parliament are behind the project to help lawyers understand the specifics of the industry.   Also read: Arbitrators to Resolve Disputes in the Russian Cryptocurrency Industry Lawyers to Study Cryptocurrencies, ICOs and Smart Contracts The one-month educational program titled “Legal basis and practice of working with cryptocurrency and blockchain projects”…

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Tron (TRX) wants you to join them and support Net Neutrality

From the very beginning, Tron has been a project with a mission. Just as Ripple’s objective is to make blockchain technology the tool around which all the international payments in the world are settled quickly, cheaply, safely, Tron (TRX) aims to use the blockchain so that the whole of the internet becomes decentralized. Neutrality means that no single corporation or authority (Comcast, Google, AT&T, Verizon, Telmex, Microsoft, Facebook, and many others) is able to decide whether a packet of information is more important (or urgent) to deliver that some other packet.…

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Bitcoin Price Weekly Analysis: BTC/USD Rebound Faces Significant Hurdle

Key Points Bitcoin price recovered recently and tested the $6,375 resistance area against the US Dollar. There is a significant bearish trend line in place with resistance at $6,400 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair must break the $6,365, $6,375 and $6,400 resistance levels to trade higher in the near term. Bitcoin price is still above the $6,250 support against the US Dollar. However, BTC/USD is facing a crucial resistance near the $6,375-6,400 area. Bitcoin Price Analysis This past week, there was…

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Turkish Police Detain 11 Suspects in Bitcoin Theft Case

News The cybercrime unit of the Turkish police has detained 11 people suspected of hacking into emails, user accounts and cryptocurrency wallets. The operation was launched after law enforcement received a number of complaints from victims who lost digital cash.   Also read: Church Mining Cryptocurrency to Pay Higher Electricity Rates               Hackers Steal $80,000 Worth of Cryptocurrency According to Turkish media, 14 people have informed authorities about their compromised cryptocurrency wallets. The coins have been transferred to other wallets and subsequently sold for fiat. Investigators discovered the hackers had stolen…

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Pan-African Organization Launches Framework to Encourage Cryptocurrency Trade

On Nov. 2, the African Digital Asset Framework (ADAF) launched with a mandate to promote cryptocurrency commerce within the continent. Co-founder Felix Macharia said ADAF is an open-source software platform to create cross-border standards for cryptocurrency and blockchain technology. It will also complement the African Union’s Single African Digital Market initiative, which leverages technology to stimulate digitized economic integration. Also Read: Brazli’s Tax Authority Goes After Cryptocurrency Profits ‘Digital Assets Know No Borders’ “ADAF was formed by organizations in the digital asset space who looked to harmonize standards and regulation in…

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Exchanges Roundup: Devere Launches Crypto Fund, Binance Uganda Claims 40,000 Users

Devere Group has announced the launch of a digital asset fund and Binance Uganda claims to have onboarded 40,000 users during its first week of operating. In other news, Grayscale’s quarterly report has estimated that 70 percent of the investments it received during Q3 came from institutions. Also Read: Regulations Roundup: Ebang IPO Challenged by Probe, Plattsburgh Passes Mining Guidelines Devere Launches Digital Asset Hedge Funds UK-based financial consultancy Devere Group recently launched Devere Digital Asset Funds in partnership with Dubai-based Dalma Capital Management Ltd. Nigel Green, the founder and chief executive…

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