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CoinMarketApp: Latest Giveaway

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CoinMarketApp is introducing a giveaway which gives you a chance to win one of the five Trezor One hardware wallets. There are 21 ways to enter the contest.

There are around 1600 cryptocurrencies available as of 19th August 2018. Cryptocurrencies can be created anytime. Despite many challenges in the cryptocurrency market, the global interest in the Cryptocurrencies has continued to increase and there is a requirement to keep a record of all that.

 

CoinMarketApp Giveaway:

CoinMarketApp is introducing a giveaway which gives you a chance to win one of the five Trezor One hardware wallets. There are 21 ways to enter the contest. You must complete as many actions as possible to increase you winning chance. You can enter the giveaway here: https://gleam.io/IOZZV/trezor-one-white-x5-coinmarketappethereumworldnews-giveaway

 

What is CoinMarketApp?

CoinMarketApp (www.coinmarketapp.co.uk) allows quick analysis of all kinds of crypto details.

  • It keeps track of all the cryptocurrencies prices, market capitalization, exchange markets, coin details, charts, crypto news and ICO live.
  • Provides important news notifications
  • Gives you access to top YouTube videos in the Cryptocurrency field.
  • It has Alerts to make sure that your investments are on right track.
  • It has a rating of 4.7 out of 5 on Google Play and iTunes.
  • The app has a user-friendly interface with fancy colors.
  • Its main features include Portfolios, alerts, charts, recently added list, favorite coins and many more.

 

This app is making crypto price tracking easier to access. It not only provides information but also gives alerts and news about anything happening in the market. All the information shown is precise and latest, it is actually the “One Crypto App to rule them all”.

 

CoinMarketApp is available Play Store and App Store

#Bitcoin

Donald Trump policies push Mexico to Bitcoin

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Mexico has seen a new all-time high trading volume on localbitcoins. This comes out on the back of the announcement from the Trump Whitehouse.

Mexico has seen a new all-time high trading volume on localbitcoins. This comes out on the back of the announcement from the Trump Whitehouse that remittance payments of Mexican migrants in the United States of America will potentially be the target of new restrictions essentially ending the possibility of Mexican migrant workers to be able to cheaply send money back home to their families.

 

Mexico adopting Bitcoin:

Mexico has been experiencing a massive increase in the number of transactions on localbitcoins. Mexican migrant workers are believed to be exploited by the remittance companies which are charging around 10% fees. What is essentially being discussed here by the Trump Whitehouse is a new tax on these migrant workers. The number that they are currently floating around is a 3% tax on the remittances going from the USA to Mexico. This may not seem super crazy but considering the $33.4 billion which were sent to Mexico in 2018 alone, that extra 3% could mean $1 billion more per year for the United States government.

 

98% of the transactions that were sent during the last year, were sent via electronic means which means that there is actually a very strong remittance route that is ready for mass disruption going from the United States to Mexico and Bitcoin could be the perfect answer. However, the average size of a remittance payment from the United States to Mexico is $322 last year and the problem is that if the fees rise again exponentially on bitcoin, then bitcoin might not be the ideal cryptocurrency for these kinds of smaller remittance payments. Maybe we are going to see some other cryptocurrency being adopted in that situation. But regardless of which cryptocurrency is used, we can see that there is a clear need for disruption as government policies again seeks to impede or overly exploit the free float of money.

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#Bitcoin Price Analysis

BTC to USD: Bitcoin Price Analysis, Bulls vs Bears

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Bitcoin price was able to recover after falling up to $4920 recently. BTC is currently trading nicely and might soon test $5200 resistance level.

Technical Indicators:

Support Levels: $5120, $5050

Resistance Levels: $5200, $5250

 

Key Points:

  • Bitcoin price crashed below $5000 support level recently.
  • The support around $4920 proved strong enough to stop further losses and BTC started to recover after testing this support range.
  • Bitcoin price was able to break through the bearish pattern which was formed with resistance around $5100 on the hourly chart.
  • BTC is currently trading in an upward momentum above the 100 hourly SMA.

Bitcoin Price Analysis:

Summary: Bitcoin price was able to recover after falling up to $4920 recently. BTC is currently trading nicely and might soon test $5200 resistance level.

Last week, bitcoin corrected downwards sharply falling below $5000 support level and tested the $4920 support. After this, bitcoin started a fresh upward move and moved over $5000 and $5100 resistance levels. The buying pressure even moved BTC above $5150 and the 10 hourly SMA.

Bitcoin price was able to break through the bearish pattern line which was formed with resistance around $5100 on the hourly chart. Currently, bitcoin is trading in a positive momentum above the 100 hourly SMA and might soon test the $5200 resistance level. However, it is very essential for BTC to maintain its position above $5100 and $5000 for a long time in order to be perfectly bullish.

BTCUSD Price Chart 15 April

BTC/USD Price Chart 15 April

The chart shows that bitcoin recovered nicely and moved into a bullish zone above $5100 and the 100 hourly SMA. The current resistance lies around $5200 above which bitcoin could test $5250 and $5300 levels. On the downside, the initial support is at $5120 and $5050 below which it might turn bearish again.

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#Breaking News

Bitcoin Fall linked with Julian Assange Arrest? Huge BTC donations for Wikileaks

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Julian Assage was arrested today morning by the London police from the Ecuadorian embassy where he was residing from the last 7 years.

Julian Assange was arrested today morning by the London police from the Ecuadorian embassy where he was residing from the last 7 years. According to the president of Ecuador, Julian Assange was violating the terms of the shelter that was provided to him by the Ecuadorian embassy.

 

Lenín Boltaire Moreno Garcés or Lenin also tweeted about the withdrawal of the asylum status which was granted to Julian Assange. He mentioned that Julian has been continuously violating international conventions and daily life protocols.


Why was Julian Assange arrested?

It is still unclear whether Julian Assange has been arrested to extradite him to the United States where he had been declared wanted from a couple of years or he has been arrested for skipping bails as he was wanted in Sweden for a variety of charges relating to an alleged sexual assault.

 

The price of bitcoin is also experiencing a sharp decline today after rising up to around $5500 yesterday evening. Some people are also speculating that the crash of bitcoin might be related to the sudden arrest of the founder of WikiLeaks.

 

Bitcoin Donations of Wikileaks:

Cryptocurrency enthusiasts from around the world have been supporting Julian Assange from quite a long time and just after his arrest, the donations on the official WikiLeaks address have been rising with the wallet currently standing at a balance of around $3.11 BTC (at the time of publishing) with more than 30 transactions appearing after the arrest of the founder of Wikileaks.

 

A lot of people have been supporting Julian which includes Kim Dotcom (Entrepreneur) who tweeted after the arrest of Julian Assange stating that the current situation is a moment of shame committed by Ecuadorian, UK and the US. However, the tweet was soon deleted by him. Afterward, he tweeted again stating that telling truth cannot be termed as a crime and motivating people to donate for the platform.


What are your thoughts on the arrest of Julian Assange, the founder of WikiLeaks? Tell us in the comments section below.

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