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Bitcoin Cash About To break $ 421.7: Price Analysis

The current price of Bitcoin cash is $415 in green. After a sudden change in trend, bitcoin cash is struggling to cross the resistance of $421.7. Amount of volume traded is decreasing. Momentum is getting low. Chances are we can see the correction of price from Level 2 to Level 1. Long term trend seems to be bullish. Global X change.

RSI is near the overbought zone. Current RSI level is 66.3. Stochastic is also near the overbought zone. Selling opportunities are more at the current level. The price level of $314.8 can be seen after this correction. Ichimoku cloud is showing the bullish trend. Conversion Line is moving above the baseline. Globalxchange. ADX indicating the bullish trend with low strength.

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Strategy:

Global xchange. Bitcoin Cash is likely to see the small correction. This will create a buying opportunity for traders. To take position wait for the correction. Set the target of $421.7. Volume is moving opposite to the trend from the last few days.

On the other side exit the position if price breaks level1. Globalxchange. Chances of bears are little as the whole crypto market is in an uptrend and so as Bitcoin cash. If price breaks Level 2 with high volume then the price level of $500 can be seen.

IOTA Going Sideways: The crypto market is green today so as IOTA. Price of IOTA rose by 5.49% in the last 24 hours. After reaching a peak of $.445 price started moving down. Bulls are not completely gone. We can see the price is bouncing back from the last two days. The current trend of the market seems to be bullish for some time. Price is already trading above the 200 MA. Global xchange.

RSI also bounced back from its current trend line. Right now RSI is around 56.5. RSI is showing buying interest in the market. Globalxchange. Stochastic is moving away from the overbought zone. Price was trading outside the upper Bollinger band. Price tends to move sideways for a while. Probabilities are the price will cross the resistance of $.445 in future.

Global X change. There is three major support level on the charts. The nearest support level is at $.36. Other two supports are at $.326 and $.245.

Recently momentum is low due to some profit taking. If the bulls remain after the recent bounce back target of $.445 can be reached. To minimize the reward to lose ratio, stop loss equals to $.35. Globalxchange. On the other hand, if the price breaks the support level of $.35 so price level $.32 will be seen.

Ripple Bears Showing Moves: Ripple is trading at $.37. It has dropped 5.29% in the last 24 hours and 2.6% in 7 days. This seems like other correction in the trend. Right now the price is trading near its support level of $.36. Majority of the coin market is trading in the red from last few days. RSI is moving away from the overbought zone. Currently, RSI is at 52.2. Globalxchange.

Stochastic is also moving downward. Right now stochastic is at 48.2. Ichimoku cloud indicating no bullish signal for the trend. Conversion is near the baseline, almost flat. MACD is also showing a slowdown in the momentum. Global exchange. Indicators are an indication increase in momentum in the downward direction.

Globalxchange. According to the charts, the recent movement is downward. Prices are moving around $.36 support. There are chances that downward movement will continue to the closest support is at $.36. If the price respects the support at $.36 and bounces back then the target of $.41 can be seen. Globalexchange. Otherwise, the price level of $.306 can be seen. Positions should be taken after the breaking or the bounce back of the price from support.

Litecoin Showing Correction: Litecoin is trading at $86.3. Litecoin has dropped 4.3% in the last 24 hours and 2.03% in 7 days. This seems like other correction in the uptrend. Right now the price is trading near its first retracement level. Majority of the coin market is trading in the red. Price is moving near its support level. Globalexchange.

RSI is moving downward. Currently, RSI is at 50.04.Stochastic is also moving downward. Right now stochastic is at 50.2. Ichimoku cloud indicating bullish signal for the trend. Globalxchange. Conversion is above the baseline and almost flat. MACD is also showing a slowdown in the momentum.

Indicators are indicating loss in momentum of the bull run. For long-run trend is still bullish.

Globalexchange. According to the charts, the movement is bullish. Price is moving above the trendline. There are chances that retracement will continue. There are two support for litecoin at $84.79 and $74.78. If the price respects the support at $84.79 and bounces back then the target of $112.87 can be seen. Globalxchange. Otherwise, the price level of $74.78 can be seen. Positions should be taken after the retracement or the bounce back in the price.

Ethereum Can Cross-Resistance Of $ 310.99: Right now the price is at $252.45. As most of the cryptocurrency, ethereum bulls are also strong. Recently crypto market is seeing indecision from the last few days. Same can be seen in the charts of the Ethereum. The volume of trades is very low. Soon breakout can be seen in the price of Ethereum. Global exchange.

Globalxchange. Stochastic is near overbought zone. MACD is also showing a slight decrease in the momentum. Ichimoku cloud is showing the trend is bullish. Currently, the conversion line is moving above the baseline. In near future breakout can be seen in the price of the ethereum. If price breaks upward then level $310.99 can be seen. If price breaks downward price level of $220 to $190 can be seen.

Globalxchange. As the primary trend is upward, the chances of the bullish swing is more. To take a profitable position we can target for $310.9. Bears will enter with force if the price breaks the support of $221.52. Global exchange. If price crosses resistance of $221 Price level of$180 can be seen. Position can be taken for a target around $310.99 and with stop loss near $222

Binance is all set to unveil its stablecoin, Binance USD (BUSD), which has received approval from the New York State Department of Financial Services (NYDFS). Binance unveils Dollar-Backed Stablecoin ‘BUSD’. Globalxchange.

BUSD is being created in partnership with the stablecoin issuer, Paxos, which will serve as the USD custodian and issuer. Also, it could be available to residents of New York at launch.

Global exchange - “Paxos is leading the digital trusts space and we are excited to work with them in developing our native stablecoin,” said Binance CEO, Changpeng “CZ” Zhao.

The stablecoin will be available for direct purchase and backed 1:1 for U.S. dollars on the Paxos platform later this month. It will also be available on Binance.com.

As of now, BUSD will trade against three cryptocurrencies – bitcoin (BTC), Binance coin (BNB) and XRP, on the cryptocurrency exchange. Globalxchange.

“We hope to unlock more financial services for the greater blockchain ecosystem through the issuance of BUSD, including more use cases and utility through the power of stable digital assets,” said CZ.

Rich Teo, Paxos Co-Founder and CEO Asia, commented;

“NYDFS’s approval of BUSD is a vital step towards long term stability in global crypto markets. We are proud that our stablecoin as a service offering enables trusted companies like Binance to introduce products customized for their users. Globalexchange. The Paxos brand symbolizes regulatory integrity, consumer protection and transparency for all of our partners.“

Binance has already issued Bitcoin (BTCB), and British pound (BGBP) pegged stablecoins. Binance is also preparing to launch Venus, similar to the upcoming stablecoin Libra from Facebook.

Additional details regarding this partnership will be revealed on-stage at Invest: Asia 2019 where Paxos’ Rich Teo and Binance’s CFO Wei Zhou will be discussing the topic. Global exchange.

Coinbase announced that it is investing $2 million in the USDC Bootstrap Fund to expand the Decentralized Finance (DeFi)

ecosystem. Coinbase announces USDC Bootstrap Fund for DeFi Projects- Global exchange
DeFi, or Decentralized Finance, is the latest trend in blockchain space. DeFi projects are traditional financial products that

would be expected from a conventional bank that is built on top of a blockchain, such as loan protocols and derivatives.

The USDC is a dollar-pegged stablecoin introduced by Coinbase in collaboration with Circle Crypto Finance.

Globalexchange- The company said that the Fund would support the development of DeFi protocols by investing USDC directly in the

protocol.

The bootstrap fund will add to the lending pools of protocols and return interest when counterparties borrow from it. That is unlike Coinbase Ventures, which invests in startups and takes an equity stake.

The Bootstrap Fund aims to make it simpler for developers to launch their protocol by leveraging USDC to assist them to generate healthy, liquid markets.

Coinbase is also announcing its first two investments through the USDC Bootstrap Fund. The company is adding 1 million in USDC to Compound, and 1 million in USDC to dYdX-Globalexchange
“Through the investment of USDC, our goal over time is to support DeFi teams in making their products safer, and more reliant and accessible than existing financial products,” the company blog said.

In a bid to bring more transparency to the crypto trading environment, market data aggregator CoinGecko has upgraded its “Trust Score” metric. CoinGecko launches ‘Trust Score 2.0’ to enhance transparency in global exchange.

The company launched Trust Score in May 2018 to fight the alarming trend of exchanges reporting fake amounts of trading.

The firm stated that 50 percent of its Trust Score 2.0 is based on the liquidity of transactions, with 20 percent based on technical coverage and 30 percent based on the operating scale.

The new upgraded Trust Score to version 2.0 will incorporate major measurements categories including:

Liquidity

API Technical Coverage

Scale of Operations

Cryptocurrency Reserves

Regulatory Compliance

TM Lee, co-founder of CoinGecko said:

“As one of the world’s largest cryptocurrency data aggregators, it is our duty to provide critical and actionable data to our users. With the launch of Trust Score 2.0, progress is being made to promote transparency amongst cryptocurrency exchanges. We look forward to innovating further to better evaluate cryptocurrency exchanges based on a comprehensive set of data.”

CoinGecko also disclosed that they would rank exchanges on a scale of 1-10, where the exchange of 10 would be regarded as the best and 1 the worst- Globalexchange

With this update, the exchange rankings of CoinGecko will be far more autonomous of the reported quantity of an exchange.

According to its new metrics, the firm has identified the top five crypto exchanges as:

Binance

Bitfinex

Bittrex

Poloniex

Coinbase Pro

The company also informed that it has partnered with Bitfury’s Crystal Blockchain to conduct an on-chain analysis of exchanges’ Bitcoin, Ethereum and Bitcoin Cash reserves.

“Cryptocurrency Reserves and Regulatory Compliance categories are not included in the overall Trust Score 2.0 calculations for now but are considered candidates for inclusion in future Trust Score algorithm updates,” the company released in a blog post- Global exchange.

Bitcoin Floats Flat — BTC / USD trading at 10225 favorably flat when analyzing and flowing at a pace of -0.75%. For a couple of days, the cryptocurrency industry has acquired bulls and has been affected by bears from the previous 2 days. The market is currently affected by the bears and demonstrates the market’s dip. Bitcoin showcased a flat trend with light bears and bulls throughout the day on the 18th of September. After that it gave way to the bears and since yesterday pitched back to the bulls. BTC currently embodies the flats with a hint of bull. The aim of the coin is to test the resistance area. Global exchange.

Bitcoin Floats Flat
Globalexchange. BTC/USD Price Analysis And Forecast For September 20th, 2019: Flat Trend Pitching Bull. The pair slightly inclines at a rate of -0.71%. The Exponential Moving Averages at 10220.9 (EMA) depict a flat zone with slight bulls. A positive blue and orange MACD of 49.3 and 43.7 confirms a slight bullish flat trend. The RSI at 58.52 shows the trend lines forming a straight line with significant influence by the sellers. The price for today may range from $10225 to $10400. Globalxchange.
From the graph above, 50 percent of the lines have the opportunity to change direction and switch to the bears. The alternative to this shift may be achieving the level of resistance owing to supply. Global exchange.

Ripple Invites Bears Flawlessly– XRP / USD trading flawlessly invites bears at 0.29195 when analyzed and decreases at -3.36%. For a couple of days, the cryptocurrency industry has acquired bulls and has been affected by bears from the previous 2 days. The market is currently affected by the bears and demonstrates the market’s dip. Ripple flows with slight bears and bulls for the past 3 days. Currently, XRP/USD paves the way to the bears. Buyers are participating enthusiastically which is why there is a dip in the market. The coin aims to reach the support area by buyers intending to buy more. Globalexchange.

Ripple Invites Bears Flawlessly
XRP/USD Price Analysis And Forecast For September 20th, 2019: The couple pair is slightly declining at a rate of -3.41%. The Moving averages at 0.29464 depict a flat zone with slight bulls. The blue and orange MACD showcase bearish trend.

The RSI deteriorates at 42.20 as sellers supply less than anticipated, so buyers take over the market. The price for today may range from $0.29195 — $0.28000. Global xchange.

Trend revocation will fuel the bearish-to-bullish transition. As a result, sellers will control the market and participate fully by oversupplying. This will reduce the participation of buyers for a while. Then the price may range from $0.29195 — $0.30000. Global exchange.

Queensland Real Estate Institute Launches World’s First Digital Tenancy Agreements:

The Queensland Real Estate Institute(REIQ) has partnered with local Startup Igloo to develop the world’s first blockchain-based digital tenancy agreements. Queensland Real Estate Institute launches world’s first digital tenancy agreements. Global exchange.

As a digital smart contract, Proptech innovation will see residential tenancy agreements concluded in Queensland by the end of this year.

In a statement, REIQ general manager, Josh Callaghan, said the new smart contracts would use blockchain technology to create a simple and secure transaction for each tenancy agreement to “leverage the benefits of the technology as an irrefutable source of truth.”

Globalxchange. “All parties will have visibility over the contract at any time from the palm of their hand. By executing as a smart contract, we’re also able to build out the functionality to handle payments of bond and rent, plus facilitate other activities related to the property such as routine inspections and maintenance,” Callaghan said.

As of now, property investors have had to rely on rental data that might not reflect the exact details of the tenancy agreement. Mr Callaghan believes that the innovation would make renting a property much easier and more transparent for tenants.

He expects that “this new level of property market visibility will make Queensland one of the most attractive property investment destinations in the world.”- Global xchange.

Aventus announced the launch of Aventus Classic, a decentralized open-source protocol for the ticketing industry. Aventus Unveils Blockchain Protocol to Facilitate Ticketing Industry.

The new app is designed to stop fraud and provide more transparency in the event ticketing industry. Global xchange.

The company release said:

“This release marks our first real step in engaging with the open-source community, as Aventus Classic will now be open to contributions from anyone and will no longer be solely developed by official partners of the Aventus Protocol Foundation.”

Classic is created on the Ethereum blockchain and sets a new open global standard for ticket exchange without relying on layer-2 alternatives. Aventus Classic will boost the public blockchain ticket transaction speed of 100 tickets per second.

Aventus Classic DApp Competition

The release coincides with the Aventus Classic DApp Competition in partnership with ‘The Satoshi Awards’.

Global exchange. This competition challenges members to create a blockchain-based ticketing system. The company will award the recipient $15,000 in ETH, and they can see their system in action at the first event of the Satoshi Awards along with 2 VIP tickets to the ceremony.

The winning build will be used as the ticketing platform for the first-ever event of The Satoshi Awards, which will take place in mid-2020.

The contest is open to all developers of blockchain and development teams. It will take place from September 12, 2019, to November 12, 2019. Developers are expected to create a ticket sales platform, a ticket delivery app, and an access control app using the company’s newly released code.

Participants should note that the winner will be judged by the Satoshi Awards team and will NOT be decided by Aventus or any part of the Aventus Network individually. Global X change.

Square Crypto Offers $100,000 to BTCPay Foundation:

Square Crypto announced the first of what will be many grants to support open-source bitcoin projects to BTCPay Foundation. Square Crypto offers $100,000 to BTCPay Foundation. Global exchange.

The company said that it would grant $100,000 to the BTCPay Foundation in support of BTCPay Server, an open-source cryptocurrency payment processor.

Square Crypto has revealed a generous act on Twitter that seems to be the ideal option for Jack Dorsey, who also happens to be the co-founder of Twitter.

Globalexchange. BTCPay can use it to create anything as long as it is free and open-source software that enhances bitcoin’s safety, scalability, privacy, user experience, or fungibility.

The Square Crypto wrote in a blog post:

“BTCPay represents everything we love about open-source bitcoin projects. It exemplifies the ideals of our community and promotes adoption by letting merchants accept bitcoin, control their private keys, and self-validate their coins. It also creates powerful real world applications for bitcoin without sacrificing user experience or requiring trusted third parties.”

Square Crypto was established with an aim to enhance and encourage bitcoin through the work of the company, as well as supporting the work of others.

The fact that BTCPay is so strong, yet only two years old, is a testament to the efficacy of open-source. Square Crypto believes in a setting that encourages bitcoin to be used and the techniques that empowers it.

The blog post also outlined, apart from other things, the fact that this is not the only moment they are going to make grants for bitcoin promotion.

Recently, in an interview, Jack Dorsey gave a direct answer that they’d instead stick to Bitcoin and the open standards they’re working on. Global xchange.

Trending Crypto News Roundup September 2019:

Over the course of the month, we’ve come across news stories that created waves in the crypto field. NvestWeekly brings you the latest and most interesting hot news across the cryptocurrency and blockchain industry. Global exchange.

Here’s a brief overview of what happened on our watch list:

World’s ‘First’ Blockchain Smartphone “FINNEY”

The Swiss-based smartphone from Sirin Lab, known as FINNEY, is going to be one of the safest and most expensive smartphones to both store and use cryptocurrency in a mobile environment. The phone designed and manufactured by Foxconn Technology Group, a Chinese electronics giant. For honouring bitcoin pioneer Hal Finney, the smartphone is named “FINNEY.”

Binance.US to Launch in Coming Weeks

Crypto Exchange Binance.US said that it would launch in the coming weeks. The crypto exchange said that Know Your Customer (KYC) process will start a few days before launch, where customer can have ample time before live trading to verify account and deposit funds.

Globalexchange. The exchange claims that it is fast, compliant, and secure digital asset marketplace and aims to provide best-in-class technology, speed, and execution of Binance to everyday users in the United States.

Stellar Development Foundation to Airdrop $120 Million XLM Crypto Tokens

The Stellar Development Foundation (SDF) has announced that is launching a $120 million XML airdrop in collaboration with Keybase, an encrypted messenger. The highest in the five-year history of Stellar, worth about $120 million.

Bakkt Warehouse Bitcoins Have Insurance Policy Worth $125 Million

Bakkt, ICE-backed exchange, has announced that the Bitcoin (BTC) deposited at the Bakkt Warehouse is protected by a $125 million insurance policy.

Insurance policy news covering customer deposits erase another concern that Bakkt hopes to lure for institutional investors.

Gemini Launches Regulated Custody Services

Gemini, owned by Winklevoss twins, has announced the custody service for 18 cryptocurrencies.

While the company has been providing custodial services since its launch on October 2015, they have considerably extended their range of products.

Currently, the company supports 18 cryptos for custody:

Bitcoin, Bitcoin Cash, Ether, Litecoin, Zcash, and the following ERC-20 tokens: 0x (ZRX), Augur (REP), Basic Attention (BAT), Bread (BRD), Dai (DAI), Decentraland (MANA), Enjin (ENJ), Flexacoin (FXC), Gemini dollar (GUSD), Kyber Network (KNC), Loom Network (LOOM), Maker (MKR), and OmiseGo (OMG).

Coinbase Announces USDC Bootstrap Fund For DeFi Protocols

Coinbase announced that it is investing $2 million in the USDC Bootstrap Fund to expand the Decentralized Finance (DeFi) ecosystem.

DeFi or Decentralized Finance is the latest trend in blockchain space. DeFi projects are traditional financial products that you would expect from a conventional bank that is built on top of a blockchain, such as loan protocols and derivatives.

Binance.US to Start Customer Registration Next Week

Binance announced that it would begin registration and start accepting deposits from next week on 18 September 2019.

The firm will provide updates on when trading is live for particular pairs shortly after registration opens. The company is operated by BAM Trading Services and is based on Binance’s cutting edge matching engine and wallet services.

Mastercard, R3 to Work on Blockchain-Based Payment Solutions

Mastercard and R3, a leading provider of blockchain software, have announced a partnership to develop a new blockchain-enabled cross-border payment solution.

The initial objective is to focus on connecting the world’s faster payment infrastructures, schemes and banks supported by Mastercard’s clearing and settlement network.

Domino’s Pizza Offers €100,000 Bitcoin Through Contest in France

Global xchange. Attention Pizza and Bitcoin lovers! Now, having pizza can make you own bitcoins worth €100,000. Domino’s France amazed their fans with an exciting offer by launching an ordering contest with a Bitcoin (BTC) or cash reward of $100,000 for the winner

Kakao’s Klay Cryptocurrency Debuts on Upbit

South Korean giant, Kakao’s “Klay” token, a native cryptocurrency, launched on Klaytn blockchain, is making its first official trade listing on Upbit platform.

Upbit is the South Korean fintech company Dunamu’s cryptocurrency exchange. The crypto exchange supports more than 150 crypto assets.

Bitcoin ATM Network Coinme Secures Funding from Ripple’s Xpring

Coinme, the largest Bitcoin ATM network, announced that it had secured funding from the Ripple’s Xpring company for $1.5 million in a Series -A funding- Global xchange.

The funding indicates that Ripples XRP will quickly be accessible on the more than 2,600 ATM kiosks network of Coinme.

BlockFi Removes Minimums and Fees on BlockFi Interest Accounts (BIA)

BlockFi, a cryptocurrency company announced that it had dropped all the minimums and fees for its BlockFi Interest Account (BIA).

Additional, BlockFi has also removed the early withdrawal penalty from the account and now offers all customers one free withdrawal per month.

That’s it for this week. For more exciting news, watch this space.

Seed CX Subsidiary Launches Crypto Derivatives Transaction

Seed CX subsidiary Zero Hash has announced the launch of bilateral crypto derivatives transactions.

As of now, the company will support all back-office settlement functions for forwards and have plans to expand soon. This will attract financial institutions to settle derivatives on its platform.

That’s all for this week. We’re going to keep you updated with more interesting news to move forward- Global exchange.

Another International Business Machines Corporation (IBM) official has been elected by the Hyperledger Technical Steering Committee (TSC) as its chairperson. The TSC is a community which is primarily responsible for guiding the technical direction for Hyperledger. The election took place amid an altercation over the growing representation of the tech company on the board. Hyperledger Blockchain Technology Board elected an IBM Official as its Chairperson. Global X change.

According to an email received by the TSC mailing list, Dan Middleton, the head of technology for Intel’s blockchain and distributed ledger program, was succeeded by Arnaud Le Hors. Le Hors is a Senior Technical Staff Member of ‘Web & Blockchain Open Technologies at IBM’. Middleton wrote on the list, “I’m happy to have the chair role in good hands.”

Christopher Ferris, an IBM distinguished engineer and CTO of Open Technology in IBM Cloud, was replaced by Middleton a year ago. Ferris had been the chairman of the TSC since 2016.

Last year, the TSC launched the ‘Diversity, Civility and Inclusion’ working group. As per an email by Middleton, the working group focuses on both demographic and corporate diversity but pays particular attention to the former.

In the same year, more cooperation between projects such as Hyperledger Ursa, Sawtooth and Fabric, were noticed by the consortium. Hyperledger Ursa, a tool worked on by Hyperledger Indy project developers, enables people to avoid replicating other work of cryptography.

Middleton added, when it comes to influencing Hyperledger, code is king. He said, “The real influence in an open-source community like this is contributions,” and continued, “I sort of wish that all the effort that went into discussions on the election and all the effort that will go into coming up with complex election rules just went to actual technical development.”

The Hyperledger TSC has been creating working groups that focus on technical problems, authorising projects and analysing updates.

Global exchange- The contributors of Hyperledger code elected the TSC for 2019-2020 in September. Six out of the eleven TSC members are IBM employees. Five work at Big Blue and one, Mark Wagner, is a senior principal engineer at Red Hat, a subsidiary of IBM.

The doubling of the number of IBM employees in the committee gave rise to concerns that the company has a significant influence over Hyperledger. Hyperledger is an open-source enterprise project hosted by The Linux Foundation to advance cross-industry blockchain technologies.

Brian Behlendorf, the executive director of Hyperledger, responded that the TSC should aim at enlarging the size of the committee with the governing board, adding, or for “one time add of a set of new TSC members, so that this greater representation can happen in the current TSC team.”

The new chair had already considered those suggestions, and published a proposal on the Hyperledger TSC agenda page. It stated the next four candidates in order from the last election should join the present term. Global exchange.

Behlendorf wrote in an email, “All those will be topics taken up by the TSC in what appears to be pretty short order.”

According to the bio, Arnaud Le Hors worked at IBM for almost 20 years and has been involved with Hyperledger since its inception. He served on the TSC 2018-19 and played a part in Fabric, the oldest platform of Hyperledger. Fabric is also the foundation for the blockchain implemented by Walmart to track food through its supply chain management system- Globalexchange.

Bitcoin ATM Network Coinme Secures Funding from Ripple’s Xpring:

Coinme, the largest Bitcoin ATM network, announced that it has secured funding from Ripple’s Xpring company for $1.5 million in a Series -A funding. Bitcoin ATM Network Coinme secures funding from Ripple’s Xpring. Globalxchange.

The funding indicates that Ripples XRP will quickly be accessible on more than 2,600 ATM kiosks within the network of Coinme.

Xpring is Ripple’s developer initiative. It focuses its investments in companies that build on blockchain technology and provide access to it.

Globalexchange. Bergquist, co-founder and CEO of Coinme, said the company raised a total of $4.5 million in its prior funding, including $3.5 million in convertible debt, partially from Coinstar over the past few years, and $1.5 million from a new 2017 venture fund. The funding proceeds will be used for additional licensing to expand its U.S. and international coverage.

Coinme allows customers to initially participate with cryptocurrencies to promote use cases such as cash-based remittances that are essential for financial inclusion. By eliminating the technical complexities related to the buying and selling of cryptocurrencies.

Neil Bergquist said:

"We are bolstered by this vote of confidence by Ripple and Blockchain Finance Fund in our vision and the exciting opportunity to provide access to digital currencies for millions of people around the world.“

“Coinme is building the infrastructure that powers the rapidly growing digital currency economy. We can now bring that infrastructure to a global audience,” added further.

Coinme was founded in 2014 and is the world’s largest bitcoin kiosk network with more than 2,600 locations in partnership with Coinstar.

Investment in Xpring, is the first investment Ripple has made in the kiosk sector in cryptocurrency- Global exchange.

Cardano Dips Down:

ADA/USD trading at $0.038922 at the time of analysis and slopes down at the rate of -3.36%. The cryptocurrency market has bullish influence for the past few days and has its influence on all of the alt-coins except Dogecoin, Bitcoin cash and tether. Currently, most of the alt-coins are embracing the bulls. Cardano greets the bears after a flat trend sloping all the way from 23rd and further continues to slop negative. At present ADA/USD descends to 0.038922 embracing the bearish trend. The coins aim at crossing the areas of supports for further demand to buy - Globalexchange.

Cardano Dips Down:

ADA/USD Price Analysis And Forecast For September 25th, 2019 – Greets Bear. The Pair ADA/USD slopes down at the rate of -3.31%. The moving average at 0.0022260 incorporates bear involving the buyers to buy more to cross support area leading to overbuy than the requirement. The bearish trend displays orange and blue MACD. The RSI at 32.85 indicates the involvement of both buyers and sellers. The price may range from $0.038922 – $ 0.035000.

Global xchange. Reverse effect of the bears will intend more sellers to participate and take over the market. This will decline the buyers’ participation in the market. The price may range from $0.038922 – $0.039500.

To know more about cryptocurrencies price, market cap and other metrics visit Global Exchange (GX trade).

DogeCoin Descends To Bear:

DOGE/USD trading at $0.0021824 at the time of analysis and descends at the rate of -2.56%. The cryptocurrency market has bullish influence for the past few days and has its influence on all of the alt-coins except Dogecoin, Bitcoin cash and tether. Further, the trend might slip the other side any time for the alt-coins as there are very minor changes. Currently, most of the alt-coins are embracing the bulls. Dogecoin attracts the opposite by rebellious nature and dips to an all-time low since last month. At present DOGE/USD slopes down to 0.0021824 and makes way to the bear. The coin aims to test the support area by participating to buy more- Globalxchange.

DogeCoin Descends To Bear

DOGE/USD Price Analysis And Forecast For September 25th, 2019 – Bears. The Pair DOGE/USD descends at the rate of -2.59. The moving average at 0.0022260 engulf bear. The orange and blue MACD’s depict bearish trend. The RSI at 36.83 shows more of buyers influence and least participation from the sellers. The price may range from $0.0021824 – $ 0.0021000.

Global X change. Cancellation of the bears gives way to the bulls. This will attract sellers to participate in the market. Hence the price may range from $0.0021824 – $0.0022000.

To know more about cryptocurrencies price, market cap and other metrics visit Global Exchange (GX trade).

Ethereum Takes A Dip — ETH/USD trading at $176.65 at the time of the analysis with declines at the rate of -1.02 gives way to the bears.

The cryptocurrency market has a major influence on bears with slight bullish influence for the past few days and has its influence on all of the alt-coins. Currently, all the alt-coins are embracing the bears except Tether. Tether makes way to the bulls showing a rebellious nature. Ethereum is in a dilemma of bulls as well as bears since 1 week. This may be due to the unpredictable behaviour of the market lately. At present Ethereum is taking a dip in the ocean of bears. The coin is deviating from the resistance area and aims to reach existing area of support- Globalexchange.

Ethereum Takes A Dip

ETH/USD Price Analysis And Forecast For september 12th, 2019 — Bear ladder. The pair ETH/USD is sloping negatively at the rate of -1.00%. The moving averages at 177.59 seeks the bears. The orange and blue MACD’s at -0.41 and -0.36 depict the struggle to move away from bearish zone. The RSI at 39.59 gives a view of steeper dip making its way to an area of support. The price may range from $176.65 — $174- Globalxchange.

Reverse scenario would give a twist to the bearish zone and end up initiating the bulls. Then the price may range from $176.65 — $178.

To know more about cryptocurrencies price, market cap and other metrics visit Global Exchange (GX trade).

In A Flat Trend, Tether Continues — USDT/USD trading at $1.0000 at the time of the analysis at the rate of +0.00% seeking towards the bulls- Globalxchange.

The cryptocurrency market has a major influence on bears with slight bullish influence for the past few days and has its influence on all of the alt-coins. Currently, all the alt-coins are embracing the bears except Tether. Tether makes way to the bulls showing a rebellious nature. USDT/USD is in a flat trend from yesterday. The coin is stable and is straight flat in the market. At present Tether intends to move positively flat on the trend. The market is pretending to be unpredictable for investors. The coin aims to stay consistent and may either reach an area of resistance or area of support.

In a flat trend, Tether continues

USDT/USD Price Analysis And Forecast For September 12th, 2019 -Flat Trend. The USDT/USD pair falls in the range of +0.00%. The Moving Averages at 0.9999 depict showcase flat trend lines with slight bulls. The MACD continues to indicate a flat line over the market without any hassle. The RSI at 48.56 moves monotonously flat with a bull forecast. The price ranges from $1.0000 — $1.0010- Global exchange.

The corrections may lead the bears to take over the market with less involvement of sellers. The price may range from $1.0000 -0.9990.

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DogeCoin Immersed In Bears - DOGE/USD trading at $0.0023279 at the time of the analysis and is declining at the rate of -2.29.
The cryptocurrency market has a major influence on bears with slight bullish influence for the past few days and has its influence on all of the alt-coins. Currently, all the alt-coins are embracing the bears except Tether. Tether makes way to the bulls showing a rebellious nature. DOGE/USD is drastically declining probably due to the trendline nearing the area of resistance and surpassing sales by supply. This may be due to the unpredictable behavior of the market lately. At present DogeCoin is at its all-time low since August 8th. The bears are at a good pace with most of the altcoins- Globalexchange.
DogeCoin Immersed In Bears
DOGE/USD Price Analysis And Forecast For September 12th, 2019 - Bearish Trend. The pair is seen falling at the rate of -2.32%. The Moving Averages at 0.0023521 Indicate long bear paths that force the decline. The orange and blue MACD's have the lines moving lower and deeper into the decline. The RSI at 37.62 display buyers active trades pushing the prices lower than the current rate. The price may range from $0.0023279 - $0.0023000- Global Exchange
Cancellation of the bears will give rise to the bulls. The buyers may tend to push concluding to excess buys and sellers try to reach the area of resistance. The price then may range from $0.0023279 - $0.0023500.
To know more about cryptocurrencies price, market cap and other metrics visit Global Exchange (GX trade).

Monero Embrace The Bears: XMR/USD trading at $73.348 at the time of the analysis with declines at the rate of -2.36%.
The cryptocurrency market has a major influence on bears with slight bullish influence for the past few days and has its influence on all of the alt-coins. Currently, all the alt-coins are embracing the bears except Tether. Tether makes way to the bulls showing a rebellious nature. Monero is embracing the bearish zone. At present Monero is in the initials of the bear trend. The three black crows make way to the negative slope. The coin is deviating from the resistance area and aims to reach the existing area of support- Globalexchange.

Monero Embrace The Bears
XMR/USD Price Analysis And Forecast For September 13th, 2019 — Bearish Trend. The couple XMR/USD is sloping negatively at the rate of -2.14%. The moving averages at 73.763 look for bears. The orange and blue MACD’s at 0.220 and 0.066 showcases the bears engulfing the market. The RSI at 45.45 slopes down with buyers taking over the market. The price may range from $73.348 — $72.000- Global exchange.
Cancellation of the bears gives way to the bulls. This will seek sellers to supply more to reach the area of resistance. Then the price may range from $73.348 — $74.000.
To know more about cryptocurrencies price, market cap and other metrics visit Globalxchange (GX trade).

Stellar Making Its Way To Greens

Stellar Making Its Way To Greens - XLM/USD trades at $0.0588 at the time of the analysis and inclines at the rate of +1.02%.
The Cryptocurrency Market has drastic variations with sudden rises and dips in the past few days. The uncertainty pertaining to the market may be due to the lack of efficiency in decision making by suppliers and buyers. Currently, the cryptocurrency market has a bearish influence on all the altcoins. Stellar shows a rebel effect making its way up to cross the resistance area. XLM/USD moves upward making greener bulls as sellers are oversupplying to reach the area of resistance. The coin aims at testing the level of areas resistance above the old ones- Global xchange.

Stellar Making Its Way To Greens
XLM/USD Price Analysis And Forecast For September 16th, 2019 - Bullish trend. The couple XLM/USD is leading the trend to ascend further at the rate of +2.28%. The moving averages at 0.0588 indicate positive bullish trend lines. The orange and blue MACD's indicate strong movements in the name of the bulls. The RSI at 52.63 explains sellers playing along with the bulls. The price may range from $0.588 - $0.600- Global exchange

Cancellation to the above inclines may change towards the bears. Then price may vary from $0.588 - $0.500.

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Ethereum Shines Through The Bulls — ETH/USD trades at $194.45 at the time of the analysis and inclines at the rate of +2.26%.
The Cryptocurrency Market has drastic variations with sudden rises and dips in the past few days. The uncertainty pertaining to the market may be due to the lack of efficiency in decision making by suppliers and buyers. Currently, the cryptocurrency market has a bearish influence on all the altcoins. Ethereum Market is shining among the bulls. ETH/USD is putting all the efforts to win the bulls over the bears. The coin aims at testing new levels of areas of resistance above the old ones as the sellers are planning to oversupply- Globalxchange.

Ethereum Shines Through The Bulls
ETH/USD Price Analysis And Forecast For September 16th, 2019 — Bullish trend. The couple Ethereum is further inclining at the rate of +1.21%. The moving averages at 193.62 indicate greens making its way up. The orange and blue MACD’s at 1.74, 1.83 indicate bulls. The RSI at 67.91 showcases it trying to cross the area of resistance. The price may range from $194.45 — $196- Globalexchange.
Reverse effect of the above inclines depicts bearish trend influenced by the buyers. Then price may vary from $194.45 — $192.
To know more about cryptocurrencies price, market cap and other metrics visit Global Exchange (GX trade).