Following previous reports of a rumored ban, Twitter has announced that cryptocurrency and ICO-related advertisements will be banned from its website from Tuesday. Micro-blogging giant Twitter has confirmed its new policy in following the likes of Facebook and Google in banning advertisements promoting cryptocurrencies and initial coin offerings (ICOs) from its platform. The ban will
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White hat hacker traces vulnerabilities in 8 top-rated cryptocurrency exchanges
Oleksii Matiiasevych, an Ethereum architect at Ambisafe and a reputable ethical hacker today reported his discovery that at least 8 top-rated cryptocurrency exchanges are under the threat of Ethereum account balance manipulation.
Recently, we saw a in bitcoin gold price from the $420 resistance against the US Dollar. The price traded below the $400 and $300 support levels. The downside move was strong as the price declined below the $280 support as well. A low was formed at $193 from where the price started correcting higher. It has moved above the 23.6% Fib retracement level of the last decline from the $420 high to $193 low.
However, the price is struggling to gain momentum above the $280 and $300 levels. At the moment, it seems like there is a key contracting triangle forming with resistance at $280 on the hourly chart of BTG/USD. The pair might continue to consolidate above the $240 support area before making the . The triangle resistance is around the 38.2% Fib retracement level of the last decline from the $420 high to $193 low. Therefore, a close above the $280 level and the 100 hourly SMA is needed for buyers to gain traction.
On the downside, the $240 support area holds a lot of importance and it must hold to prevent further declines in the near term.
Looking at the technical indicators:
Hourly MACD – The MACD for BTG/USD is slightly placed in the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTG/USD is currently just above the 50 level.
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