Prices of the privacy-focused cryptocurrency monero are at an all-time high and could keep on climbing, chart analysis indicates.
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Bitcoin Gold Price Technical Analysis – BTG/USD Eyeing Further Gains
Key Points
- Bitcoin gold price started a nice upside move from the 0-260 support area against the US Dollar.
- This is a major ascending channel forming with support at 0 on the hourly chart of BTG/USD (data feed from Bitfinex).
- The price remains in an uptrend and it will most likely move above the 0 and 0 levels in the near term.
Bitcoin gold price is gaining pace above 0 against the US Dollar. BTG/USD might soon accelerate higher toward the 0 and 0 levels.
Bitcoin Gold Price Support
There was a bullish price action in bitcoin gold price above the 0 support against the US Dollar. The price consolidated above the 0 support for some before starting an upside move. It moved above the 0 resistance and settled above the 100 hourly simple moving average. It even traded above the 0 resistance and formed a high near 0 before starting a downside correction.
It recently tested the 5 support area and moved back above 0 and the 50% Fib retracement level of the last decline from the 0 high to 8 low. The current price action is positive above the 0 level and the 100 hourly SMA. It seems like there is a major ascending channel forming with support at 0 on the hourly chart of BTG/USD. The pair is following the channel nicely and it might soon attempt a break above the 0 and 0 levels.
On the upside, an intermediate resistance is around the 61.8% Fib retracement level of the last decline from the 0 high to 8 low. As long as the price is above the 0 support level, it remains in the bullish zone with target as 0.
Looking at the technical indicators:
Hourly MACD – The MACD for BTG/USD might soon move into the bullish zone.
Hourly RSI (Relative Strength Index) – The RSI for BTG/USD is just above the 50 level.
Major Support Level – 0
Major Resistance Level – 0
Charts courtesy – Trading View, Bitfinex
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Bitcoin Gold Price Technical Analysis – BTG/USD Eyeing Further Gains
Key Points Bitcoin gold price started a nice upside move from the 0-260 support area against the US Dollar. This is a major ascending channel forming with support at 0 on the hourly chart of BTG/USD (data feed from Bitfinex). The price remains in an uptrend and it will most likely move above the 0 … Continue reading Bitcoin Gold Price Technical Analysis – BTG/USD Eyeing Further Gains
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Leading Artificial Intelligence Startup Announces Further Innovation
Boston, MA (November 29, 2017) — Announcing its utility token sale this week, Talla, a leader in enterprise A.I. software, today shared the development of their new BotChain network. After two years and over 2500 installations of Talla bots at various companies, Talla recognized the need for compliant enterprise bots and for bot actions to be audited and inspected.
As artificial intelligence makes agents and bots more autonomous, and reinforcement learning makes them more unpredictable, the need to constrain and capture their actions for training, auditing, and compliance becomes more urgent. BotChain works by creating digital certificates with every bot action and storing those certificates on a blockchain for creating an identity for each bot. Companies with decryption keys can then audit or inspect those certificates and this will help to monitor bots’ activities.
“As more organizations deploy intelligent robotic processes, the need for BotChain is only going to grow. Compliance is incredibly important to large enterprises,” said Michael Maloney, the former blockchain CTO at Ernst and Young. His statement was further echoed by Chris Curran from PricewaterhouseCoopers (PwC), “As bot processes grow within organizations, it makes sense that they would be subject to risk and compliance requirements just like any other workers.”
This becomes increasingly important as bots start to handle workflows that require certification, like HIPAA, SOC2, and more. BotChain allows auditors to validate that bots are compliant with the requirements of these workflows. BotChain also manages bot registration and identification.
“Bots are starting to be spoofed. Hackers are using them to steal information and because of this, bot identity is rapidly becoming an issue. BotChain is an identity solution for bots, so that as humans interact with more bots, or bots interact with each other, they can quickly establish trust,” said Rob May, CEO at Talla.
The BotChain provides critical systems for anyone that uses A.I. powered products, as well as those that develop them. For example, end users of any A.I.-powered, autonomous system will gain an auditable trail of interactions and decisions made, accomplished by hashing information about each agent task to the blockchain so it is immutable. Bots’ identities are verified with certainty to the humans that use them, and to other bots, preventing bot spoofing and spamming.
Developers, companies, and individuals will need Botcoins, the token of the BotChain, in order to transact. The token sale is a way to get tokens into the market at launch. It is currently anticipated that, of the tokens initially created, 50% will be sold to the public, and those that are not sold will be burned. Further, it is anticipated that twenty percent of the tokens will be reserved for BotChain partners, advisors, and developers. The terms of Botchain’s utility token sale remain subject to change. Companies interested in building on BotChain should reach out to Talla to learn more at hello@talla.com
Join the Telegram: https://t.me/botchainICO
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Leading Artificial Intelligence Startup Announces Further Innovation
Boston, MA (November 29, 2017) – Announcing its utility token sale this week, Talla, a leader in enterprise A.I. software, today shared the development of their new BotChain network. After two years and over 2500 installations of Talla bots at various companies, Talla recognized the need for compliant enterprise bots and for bot actions to … Continue reading Leading Artificial Intelligence Startup Announces Further Innovation
The post Leading Artificial Intelligence Startup Announces Further Innovation appeared first on NEWSBTC.
Ripple Price Technical Analysis – XRP/USD Eyes Further Gains
Key Highlights
- Ripple price remains in major uptrend above the .2350 support against the US Dollar.
- Yesterday’s highlighted ascending channel with current support near .2350 is intact on the hourly chart of the XRP/USD pair (data source from Kraken).
- The pair will most likely move further higher towards the 0.2550 and 0.2600 levels.
Ripple price is placed well in the bullish zone against the US Dollar and Bitcoin. XRP/USD might soon retest .2600 and it could even break it.
Ripple Price Trend
There were slow and steady gains in Ripple price above .2300 against the US Dollar. The price after declining towards .2000 found support and since then moved higher. It moved above the 50% Fib retracement level of the last decline from the .2680 high to 0.2048 low. The best part is the fact that the price is now placed well above the .2300 support and the 100 hourly simple moving average.
More importantly, yesterday’s highlighted ascending channel with current support near .2350 is intact on the hourly chart of the XRP/USD pair. The pair is likely to continue moving higher and it might soon test the channel resistance near .2550. The stated .2550 level also represents the 76.4% Fib retracement level of the last decline from the .2680 high to 0.2048 low. Above .2550, the pair would easily break the .2600 level for more gains in the near term. There are even chances of XRP retesting the last swing high of .2650.
On the downside, the channel support at .2350 is very important. The stated .2350 support also coincides with the 100 hourly simple moving average. Therefore, .2350 and .2300 can be considered as a good buy zone as long as the pair is above the 100 hourly SMA.
Looking at the technical indicators:
Hourly MACD – The MACD for XRP/USD is moving nicely in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is above the 50 level and is showing positive signs.
Major Support Level – .2350
Major Resistance Level – .2550
Charts courtesy – Trading View, Kraken
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Hacker Allegedly Siphons $31 Million Out of Tether, Driving Further Speculations About the Cryptocurrency
Tether, a cryptocurrency pegged 1-to-1 to the U.S. dollar, was allegedly hacked today to the tune of million.Tether functions to convert U.S. dollars to a type of cryptocurrency. The projects token USDT is pegged to the dollar and is used in exchange trading. The idea behind Tether is that instead of having to sell your bitcoin or other token for a fiat currency, you can convert it to USDT, and either hold it in USDT or else transfer your USDT to another exchange and use it to purchase to
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Ethereum Price Technical Analysis – ETH/USD Eyeing Further Gains
Key Highlights ETH price after a minor correction found support at 2 against the US Dollar. Yesterday’s highlighted short-term bullish trend line with current support at 4 is still intact on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to move higher and it could even break the last swing … Continue reading Ethereum Price Technical Analysis – ETH/USD Eyeing Further Gains
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Ethereum Price Technical Analysis – ETH/USD Eyeing Further Gains
Key Highlights ETH price after a minor correction found support at 2 against the US Dollar. Yesterday’s highlighted short-term bullish trend line with current support at 4 is still intact on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to move higher and it could even break the last swing … Continue reading Ethereum Price Technical Analysis – ETH/USD Eyeing Further Gains
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Ethereum Price Technical Analysis – ETH/USD Poised for Further Gains
Key Highlights ETH price is trading higher and is currently attempting a break above 6 against the US Dollar. There is a new connecting bullish trend line forming with support at 6 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might attempt an upside break towards 2 in the near term. … Continue reading Ethereum Price Technical Analysis – ETH/USD Poised for Further Gains
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