Altcoin Price Analysis Crypto Opinion peter brandt ripple XRP 

XRP Price Could Soar More than 60% Based on Technical Signals: Analyst

By CCN Markets: On June 6, author and chartist Peter Brandt (@PeterLBrandt) took to Twitter to share his bullish view on Ripple’s price action. In his tweet, he mentioned two cryptocurrencies flashing bullish signals against Tether US (USDT): Litecoin and Ripple. While he did not specify the targets for Litecoin, he emphasized two target prices for Ripple, which are 0.5688 and 0.6260. Trader Peter Brandt sees bullish signals for XRP. | Source: Twitter Peter Brandt is one of the most respected figures in the crypto community on Twitter. While he…

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Bitcoin Exchange Bitcoin Security BitMEX Crypto 

Hackers Circle Crypto Giant BitMEX as Unauthorized Login Attempts Spike

By CCN Markets: Hong Kong-based cryptocurrency exchange BitMEX has just issued a security advisory telling its customers that it is witnessing an increase in unwarranted attempts to access customer accounts. BitMEX has warned customers to shore up their account security through strong passwords and two-factor authentication. Security has always been the number one priority at BitMEX. We would like to remind all users to please protect your BitMEX and personal accounts by using strong and unique passwords, enabling 2FA, and using a password manager. For more detail: https://t.co/8yKMreamNp — BitMEX…

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Australia bitcoin Bitcoin Scams Crypto Hugh Jackman 

Bitcoin Scam Uses X-Men’s Hugh Jackman to ‘Turn You Into a Millionaire’

By CCN Markets: In their most current mutant form, the Bitcoin Evolution/Bitcoin Revolution scams are using X-Men star Hugh Jackman as bait. According to the fraudsters, the Australian actor who is best known for his role as Wolverine in the X-Men franchise has stumbled upon a ‘wealth loophole’ which can make anyone a millionaire within four months. Micky initially reported the scam which is being pitched mostly to Australians by promising returns of over 10,000 percent. Bitcoin scam landing page One of the bitcoin scam’s landing pages adopts the layout,…

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Crypto G20 regulation 

G20 Ministers Discuss Crypto Benefits, Commit to Risk-focused Vigilance

By CCN Markets: Global finance ministers and central bankers reconfirmed their multilateral support of crypto-industry regulations on the weekend in Japan. They were attending the G20 Finance Summit ahead of the Leaders’ Summit in late June. There were no surprises for the crypto-currency markets in the Communique sent out by Japan’s Minister of Finance on Sunday. The 14-point document reflects the outcomes of the weekend discussions between Finance Ministers and central bankers. The finance leaders put their support behind crypto-assets while remaining vigilant in monitoring the risks they pose. They…

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CCN is Shutting Down after Google’s June 2019 Core Update

Dear readers, Let’s get straight to it. Google’s June 2019 Core Update rolled out on June 3th 2019 and CCN’s traffic from Google searches dropped more than 71% on mobile overnight. Our traffic has experienced a massive impact by Google’s June 2019 Core Update. Image from Sistrix.com.   CCN’s visibility index on Sistrix.com shows how our site was affected by Google’s Core Update. As data from SEO analyzer Sistrix shows, our visibility on Google dropped from 1.2 to less than 0.6. You might say we ought not to face any…

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bitcoin Bitcoin Analysis Bitcoin Price News Crypto 

Bitcoin Price Sinks to $7,500 as Analyst Predicts Further 30% Plunge

By CCN Markets: In the past 24 hours, the bitcoin price has dropped from $7,900 to around $7,500 by more than five percent against the U.S. dollar in a minor pullback in the crypto market. The bitcoin price has dropped by around five percent in the past 24 hours (source: coinmarketcap.com) Within the last seven days, the bitcoin price has fallen by over ten percent, which has led technical analysts in the crypto market to ponder about the possibility of an extended pullback despite the market’s positive macro landscape. 30%…

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Bundesbank Central Bank Digital Currency central banks Crypto Jens Weidmann 

German Central Bank Chief Pours Cold Water on Digital Currencies

By CCN: Deutsche Bundesbank president Jens Weidmann has added a dampener to discussions on central bank digital currencies (CBDC), claiming they would destabilize financial systems and worsen bank runs. The president of Germany’s central bank said, in a speech in Frankfurt, Germany, that widespread use of digital central bank money could have “serious consequences.” CBDCs have become a popular topic recently. Lithuania’s central bank, Governor Vitas Vasiliauskas recently talked up the viability of CBDCs to the Bank of International Settlements (BIS). The sentiment from the BIS, Vasiliauskas, and Weidmann is…

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bitcoin Bitcoin Analysis Crypto Opinion tom lee 

If Bitcoin Hits This Key Level, It’s Going to Make a Run for $40K: Tom Lee

By CCN Markets: The bitcoin price might have slipped below $8,000 for now, but it could be headed much higher in the near future. Fundstrat Global Advisors Co-Founder Thomas Lee is willing to put it on the line for bitcoin once again, making an aggressive short-term prediction on where the cryptocurrency could be trading if it can capture enough momentum. In an interview with Binance CFO Wei Zhou, Lee laid out his bullish case. Lee and Zhou agree that once bitcoin regains the $10,000 level, it will be “fast and…

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bitcoin Bitcoin in Media Crypto Donald Trump Kim Kardashian Tesla 

Bitcoin’s Popularity Beats Trump, Tesla, & Kim Kardashian on Google

By CCN: Bitcoin might be uncorrelated to the stock market, but searches for the top cryptocurrency are highly correlated with that of Kim Kardashian. ConsenSys points out the similarities in a recent blog post in which it compares the popularity of the biggest cryptocurrency with pop culture, politics, and corporate America. Bitcoin’s impressive bull run in 2019 has put it back on the radar of people inside and outside of crypto. Its popularity knows no bounds. Bitcoin has become more popular than Donald Trump, Tesla, and Kim Kardashian for much…

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Altcoin News Altcoin Price Analysis Crypto litecoin 

Litecoin Price Soars 18% and Halving Excitement Could Boost Value Higher

By CCN: The litecoin price has appreciated more than 18-percent this week, and fundamentals suggest that it could go even higher. Litecoin is having the best week among the top cryptocurrencies.  Source: Tradingview The LTC-to-dollar rate today established an intraday high of $114.89 on Coinbase exchange. That took its 24-hour adjusted gains to 8.60-percent, the highest among the top cryptocurrencies on a bullish Friday. The move further helped Litecoin erase losses incurred during the last week’s downside action entirely. At the same time, the world’s largest cryptocurrency, bitcoin, was still…

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