April 7, 2018

Bitcoin, Ethereum Prices Remain Steady Despite ‘Crypto Ban’ From India’s Central Bank

The crypto markets are holding their own this week, with Bitcoin (BTC) not venturing too far away from $7,000, even amid news that India’s central bank would stop dealing with crypto-related businesses.

The relatively steady prices could be attributed to a big adoption win in Asia yesterday, when Omise and OmiseGO signed a Memorandum of Understanding for fintech and Blockchain innovation with a South Korean banking affiliate.

BTC is currently trading for around $6,880, up a little more than 3 percent over a 24 hour period to press time.

Ethereum (ETH) is also nearing $400, currently trading at around $381 and up a little more than 3 percent over a 24 hour period to press time.

Of the top ten coins listed on CoinMarketCap, only EOS is in the red, down less than 1 percent over a 24 hour period and trading for around $5.92 to press time.

Monero, which recently updated its protocol to protect the cryptocurrency against ASIC miners, specifically Bitmain’srecently announcedAntimer X3, is up a little more than 1 percent over a 24 hour period, in 11th place on CoinMarketCap, trading around $170 by press time.

Total market cap is around $258 bln according to data from CoinMarketCap, up from April 1’s intraweek low of around $243 bln.

Published at Sat, 07 Apr 2018 11:14:44 +0000

bitcoin

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Disturbing Trends, Amidst The Trump-Flation Hype

milesfranklin.com / by Andrew Hoffman / Apr 5, 2017

I have to admit, some days there isn’t as much to write about as others. It’s not often, but in a world of perpetually controlled financial markets and relentless “fake news,” “eyes of the storm” are often witnessed. This is particularly the case in gold and silver, where the Cartel is desperately trying to push prices below the 200 week moving averages they surpassed last week, for the first time since Election Day; such as yesterday, when first the “8:00 PM algo”; and then, the 819th “2:15 AM” EST raid in the past 937 trading days this morning, followed up yesterday’s prototypical COMEX-opening attack – amidst a sea of bullish PM news – in an attempt to divert attention from the ominous issues such a powerful technical achievement portends.

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But rest assured, truth-seekers, the “PiMBEEB” threats are no less virulent today than at yesterday’s COMEX open; let alone, a few hours ago, at 2:15 AM EST; and mathematically, they are guaranteed to continue worsening, as history’s largest, most destructive fiat Ponzi scheme rages through its cancerous, terminal stage.