Some People Still Try to Buy Bitcoin With PayPal in 2019

TheMerkle PayPal CRAThere are many different platforms and companies looking to bring Bitcoin to the masses. Not all of these platforms should be trusted, primarily where some unusual payment methods are involved.  The AlphaChanger platform is currently receiving a lot of flack, even though users should know better than to blindly trust this type of service. Avoid Using PayPal for Cryptocurrencies On the surface, there is nothing wrong with what the company is trying to provide. They too – seemingly – aim to make cryptocurrencies more accessible to the masses. To do so, the company claims to accept deposits through PayPal, a

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BTC, ETH, and XLM Price Analysis: Crypto Market Exhibiting Strong Selling Pressure

Bitcoin Price Analysis (BTC/USD) On today’s intraday chart, the price of the top-performing cryptocurrency has declined, thus recording a bearish momentum below $8500 support level.  BTC/USD pair has, therefore, dive dipper below $8300, after exhibiting a sharp breakout that dipped the price to an intraday low of $8010.70. The downside move was followed by a short-term consolidation phase above $8128 thus defining the current price at $8138.48, which dropped from the opening price of $8439.95 translating to 3.6% loss over the past 24hrs. Failure of BTC/USD pair’s price to stay above $8128.60 may restart a fresh decline with new support

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Coinfield CEO Claims Ripple’s XRP is Better than Ethereum

xrp price analysis and predictionEveryone in the cryptocurrency industry is entitled to their own opinion. Even when they claim how Ripple’s XRP is better than Ethereum in many different ways. This rather unusual statement was uttered by Coinfield CEO Bob Ras during an interview not that long ago. XRP is Very Different From Ethereum He clearly stated how “XRP is better than Ethereum”, for a wide variety of reasons. This statement is not entirely surprising, considering how Coinfield is offering some services to the XRP network at this time. Furthermore, Ras has uttered a very similar statement in the past, albeit on an even

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Longhash Claims There was no Whale Manipulating the Bitcoin Price in 2017

There are still plenty of people who believe the 2017 crypto price surge was a massive manipulation effort. LongHash researchers now indicate the “one whale theory” can’t be true, for a variety of reasons. In the research document, the company explains what really happened to the Bitcoin price during the 2017 rally.  There is no Tether Manipulation By creating their own Tether-related metric, they deemed it impossible for one user to utilize sufficient USDT to trigger such a major Bitcoin price increase. When comparing the total Tether supply with the amount of Bitcoin one could purchase at that time, the

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Stellar (XLM) Keeps Declining

XLM StellarBy Dmitriy Gurkovskiy, Chief Analyst at RoboForex On November 19th, the XLM keeps decreasing in price, generally trading at $0.0657. On D1, the XLM/USD quotations have broken out the resistance line of the long-term channel. The breakout was quite confident but now the prices are forming an impulse of decline to the local support near $0.0626. A breakout of this level may let the quotations fall to $0.0440. The resistance is near $0.0875. Further decline is confirmed by a Black Cross forming on the MACD. On H4, the downtrend can be seen in more detail, and the channel looks rather

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OceanEx Enables USDT/USD Trading Through Bank Card Deposits

TheMerkle_US Dollar BullishCryptocurrency exchanges are often considered to be the gateway for novice users. OceanEx acknowledges there are golden opportunities ahead, and promptly added a USD gateway.  Getting more people excited about Bitcoin and altcoins will only happen through sheer convenience. A big day for the OceanEx Team Centralized exchanges, while supporting most fiat currencies, are often the catalyst to onboard thousands of new users every single month. OceanEx is one of the cryptocurrency trading platforms a lot of people tend to overlook, despite it recording plenty of trading volume every single day. To further cater to its users – particularly those

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MimbleWimble is not the Secure Privacy Implementation you Think it is

grinA lot of cryptocurrency enthusiasts have high hopes for the MimbleWimble protocol. It would unlock additional privacy features, not just for Grin, but other coins implementing this technology in the future.  In a recent post by Ivan Gobatyy, however, it becomes apparent there are some key flaws associated with the privacy aspect of this technology.  MimbleWimble has a Privacy Problem He explains how it is possible to uncover the addresses of senders and recipients of the Grin currency in real-time. What is even more astounding is how it would only cost $60 per week through Amazon Web Services to obtain

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The IRS Will Shift its Focus to Users and Operators of Bitcoin ATMs and Kiosks

TheMerkle_Bitcoin ATM AkronIn a new statement, the IRS confirms it will continue to focus on cryptocurrency activities. Particularly those individuals and companies operating Bitcoin ATMs and Kiosks may see some intervention pretty soon.  As the IRS continues to target cryptocurrency users, they are doing so in a deliberate manner. Bitcoin ATMs may Facilitate Tax Evasion First, they want after traders of Bitcoin and altcoins who might not have reported their taxes properly. Secondly, they tackle the concept of token airdrops and other proceeds that might fall under their purview. In the latest turn of events, the agency has confirmed Bitcoin ATMs and

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ProtonMail has no Intention of Converting Bitcoin Payments to Fiat

protonmail torNumerous companies have accepted Bitcoin payments over the years. Some companies tend to hold on to those proceeds, whereas others convert them to fiat currency as quickly as possible. It is not uncommon for companies handling cryptocurrency payments to convert them to fiat currency on the fly.  ProtonMail Continues to Fight the Good Fight In fact, it is a business model most Bticoin payment processors pride themselves upon.  That being said, every individual company can make the decision to simply hold their BTC payments for longer periods of time. This applies especially to companies that believe the value per Bitcoin

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