Binance Seek Iranian Traders to Withdraw their Crypto Funds

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Just Posted By MarketRanger https://coingape.com/binance-warns-iranian-traders/

In an urge to comply with international sanctions, Binance Exchange warns Iranian traders to withdraw their funds from its platform. The headlines come into picture when Iranian traders received an email statement, stating;

“If you have an account with Binance and fall into that [sanctions] category, please withdraw your assets from Binance as soon as possible,”

A local report reveals that the number of emails sent out from the Binance has eventually increased when US Sanctions were renewed on November 05.  Accounts that were pointing towards Iranian IP were also advised to get their funds out from the exchange. Reportedly, the KYC process in Binance has also reportedly closed all Iranian users who have submitted their Iranian passport.

A spokesperson belongs to Iranian blockchain project called Areatak, Nima Dehqan said that “That isn’t really something new.”. Viciously, he points that cryptocurrency exchanges are not trusted patform that Iranians can rely. In fact, earlier the other two exchanges, BitMex and Bittrex have also banned Iranian users and failed to refund their holdings yet, he concerned. Eventually, failure of effective services from these platforms urged Iranians to form their own bitcoin community. In her own words;

“We do actually have cryptocurrency groups in Telegram or WhatsApp for people who want to change their cryptocurrencies in person,” adding that. “People have to trust each other. It’s a bit of closer-knit community in Iran.”

As a concern and to stabilize the economic status of Iran, the authorities may soon launch state-backed cryptocurrency. It proposes to completely dominate the economic crises by controlling the crypto market. Nonetheless, this wouldn’t have a dramatic effect on Tehran’s bitcoin mining, however, mining cryptocurrency in Iran is actually much profitable than other countries.

With the confidence that increasing inquiries received by Areatak regarding collocation mining contract, Dehqan said;

“The sanctions don’t have much effect on mining bitcoin. It’s actually profitable in Iran, compared to other countries.”

He also compared crypto mining in Iran with the cost of electricity which in due course comes less than a single cent per kilowatt hour.

As Iran is preparing to launch its own cryptocurrency, Binance seeking Iranians to withdraw their funds may negatively effect. Do you think that Binance’s warning will affect upcoming Iran’s cryptocurrency? Lets discuss.

The post Binance Seek Iranian Traders to Withdraw their Crypto Funds appeared first on Coingape.

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Popular Chinese selfie app Meitu now includes 3D editing

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Just Posted By MarketRanger https://techcrunch.com/2018/11/16/meitu-selfie-king-3d-feature/

You’ve probably had the experience of posing awkwardly for a photo while everyone else looks great. Now China’s top photo-editing firm Meitu has a solution that helps you resist the urge to trash that photo.

Meitu’s namesake app, which claims over 100 million monthly active users as of August, recently launched a feature that lets users virtually rotate their faces up, down, to the left, or to the right. There’s already a plethora of editing apps out there that allows people to polish their shots like a pro, but Meitu wants to take retouching to another level.

“Traditional image processing technology can only perform plane stretching in two dimensions, and the image has no depth information and therefore is unable to truly reflect the changes in the posture of real life,” says a spokesperson for the company.

The feature, called “3D Reshape,” takes hints from a static portrait and applies face recognition and reconstruction technologies to generate 3D information of the user’s face. In other words, it simulates how the user’s head tilts or rotates in real life, yielding results that the firm claims are more “natural” and “realistic”.

meitu

The process is a bit eerie, but the result looks satisfying. / Credit: Meituan

The feature also works for group photos, so users can choose to fix a particular person’s unflattering pose. The Chinese company isn’t the only photo app that’s come up with 3D editing. Google’s Snapseed has a similar offer.

Meitu goes all out to perfect portraits by maintaining an in-house R&D team of 200 staff. For the 3D project, the researchers collected 18 unique facial expressions from 1,200 people who were primarily Chinese and aged between 12 and 60.

Despite being a dominator in its space, Meitu has had to look beyond photo editing for monetization since its early days. For the six months ended June 30, the firm generated 72 percent of its revenues from selling smartphones designed to take outstanding selfies, while internet-related services brought in the rest of the money.

Nonetheless, Meitu has seen its hardware revenues drop as smartphone shipments slow in China and competition heats up. By contrast, internet-based revenues jumped 132 percent year-over-year thanks to growth in advertising and “value-added” services. The latter stands for virtual items sales on Meitu’s video streaming app Meipai.

Meitu’s trove of users may have other practical use. In July, the firm shelled out $30 million for an undisclosed stake in Gengmei, a social media platform that connects customers with plastic surgeons who offer them advice. It’s not hard to imagine a future where Meitu links its beauty-seeking users to not only virtual tools but also long-lasting, real-life means.

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Dogecoin Price Starts Surging as $0.003 is Within Reach

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Just Posted By MarketRanger https://nulltx.com/dogecoin-price-starts-surging-as-0-003-is-within-reach/

NullTX Dogecoin Price Surge

Even though most of the top cryptocurrencies continue to struggle right now, one has to look well beyond the top five currencies at all times In the case of Dogecoin its value has soared pretty nicely in the past few hours, and it seems the push to $0.003 is still in effect. That is pretty interesting to keep an eye on, especially when considering how so many markets continue to struggle first and foremost.

Dogecoin Price Makes Some Good Moves

It is always refreshing to see how things evolve in the cryptocurrency world. Although most people tend to overlook Dogecoin in this regard, it is advised not to ignore this altcoin too much. More specifically, Dogecoin is looking rather healthy given the current circumstances, whereas the rest of the top 25 looks to be on rather shaky legs first and foremost. Diversification is key in this industry at all times.

https://files.coinmarketcap.com/static/widget/currency.js

Over the past 24 hours, the Dogecoin price has been able to regain some of the previous losses with relative ease. A healthy 5.5% gain in USD value and a 6.5% leap over Bitcoin paint an interesting future for DOGE, even though it still doesn’t have much trading volume. For a coin which recently saw its market cap hit $700m and is now valued at $340m, Dogecoin once again proves to be extremely resilient first and foremost.

There are a fair few interesting discussions pertaining to Dogecoin across social media. TradinginTime seems to be convinced Dogecoin is on the verge of entering its buy zone, although this chart was posted after the recent price increase. It is evident traders hope to score some good profits by using Dogecoin, as the other markets have not been extremely helpful throughout most of 2018 in this regard.

https://platform.twitter.com/widgets.js

It is also interesting to note how many people rely on various “metric’ to determine how the cryptocurrency industry may evolve moving forward. In the case of EmptybeerBottle, watching the Dogecoin price seems to be the go-to solution. It is evident that can work out quite well, as Dogecoin has a tendency of completing atypical price movements, which are usually mimicked by other currencies later on.

https://platform.twitter.com/widgets.js

Dogecoin would not be the meme currency of the internet without a portion of good memes. A wild Dogecoin maximalist has been spotted in this wild, according to Shibatoshi Dogomoto. A very thicc DOGE indeed, although it seems to be somewhat happy with the way the price is evolving right now. Another quality meme for the Dogecoin community.

https://platform.twitter.com/widgets.js

Unlike other cryptocurrencies, Dogecoin is doing a lot of things right at this time. This further confirms the currency should not be ignored whatsoever, albeit it is evident drawing any conclusions right now would be a bit premature. At the same time, there is a good chance the Dogecoin price will return to $0.003 sooner rather than later. That would be a bullish signal in its own right.


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency.

The post Dogecoin Price Starts Surging as $0.003 is Within Reach appeared first on NullTX.

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Binance Distributes Bitcoin Cash (BCHABC) and (BCHSV) and Opened Trading For the New Pairs

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Just Posted By MarketRanger https://news.bitzamp.com/binance-distributes-bitcoin-cash-bchabc-and-bchsv-and-opened-trading-for-the-new-pairs/

Binance announced earlier today (Friday) that it had distributed the resulting coins of the Bitcoin Cash (BCH) hard-fork that took place yesterday, November 15th to all eligible customers. The team at Binance went on to notify loyal users of the platform. The exchange has opened trading for the new pairs – BCHABC/BTC, BCHABC/USDT, BCHSV/BTC and

The post Binance Distributes Bitcoin Cash (BCHABC) and (BCHSV) and Opened Trading For the New Pairs appeared first on Bitzamp.

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Basic Attention Token Price Gains 7% After Rough Week

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Just Posted By MarketRanger https://nulltx.com/basic-attention-token-price-gains-7-after-rough-week/

NullTX Basic Attention Token Price Rise

There has been a lot of talk about Basic Attention Token over the past few weeks. Its rumored listing on Coinbase triggered a major price increase. That was followed swiftly by a market dump as trading on Coinbase effectively began This week, things are looking a bit better, primarily because there is a new uptrend shaping up across the board. An interesting trend to look out for heading into the weekend.

Basic Attention Token Price Improves Slightly

It is evident there are still plenty of people who hold Basic Attention Token following the most recent Coinbase listing pump. As the token hit a value which is 50% higher compared to its current price, bagholders are left hanging a bit. With this new uptrend currently in place, they may be able to recoup some money or cut their losses if they are growing impatient.

https://files.coinmarketcap.com/static/widget/currency.js

Over the past 24 hours, there has been a notable Basic Attention Token price increase in USD value. Thanks to this 6.5% improvement, the BAT value has returned to just over $0.21, although that level may not be sustained for very long. There is also a 7% gain over both Bitcoin and Ethereum, which is pretty interesting to keep an eye on moving forward.  While Bitcoin and Ethereum are still down in the dirt, it seems some altcoins and tokens are trying to claw back some losses in the process.

When looking across social media, it seems there are still plenty of people keeping an eye on the Basic Attention Token price. Brian Damelio is confident both BAT and ZRX should double in value or more over the coming weeks, primarily because they seem to offer actual functionality rather than just hype. Even so, it is unlikely either will double in value moving forward.

https://platform.twitter.com/widgets.js

When pump and dump groups start paying attention to Basic Attention Token, one knows this current price trend will not remain in place for very long. As such, the signal sent out by Altcoin Pump Cub may trigger another BAT selloff in the coming hours. Everyone is scrambling to score some profits where cryptocurrencies are concerned, but there will always be others who are well ahead of the curve prior to generating “buzz” for specific projects.

https://platform.twitter.com/widgets.js

Every time any altcoin, token, or asset tends to gain a lot of value, arbitrage opportunities will arise in the process. KoinKnight confirms Basic Attention Token has a nice opportunity ahead, as its USD value on Livecoin is significantly lower compared to the BTC value on Binance. Taking advantage of these gaps can usually result in some very big profits along the way, assuming there is sufficient liquidity to take advantage of this arbitrage opportunity.

https://platform.twitter.com/widgets.js

As is always the case when the Basic Attention Token price rises, there may be a significant setback in fairly quick succession. Whether or not history will repeat itself in this regard, remains to be determined. As the weekend lies ahead, there is a very good chance the BAT price will remain above $20m although it will not necessarily see a massive price gain either.


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency.

The post Basic Attention Token Price Gains 7% After Rough Week appeared first on NullTX.

Want To Learn About And Trade Crypto The Easy Way? -Goto >>> http://marketranger.com/kryptoview

Crypto Market Recovers, But Could Bitcoin Price Fall to $4,800?

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Just Posted By MarketRanger https://www.ccn.com/crypto-market-recovers-but-could-bitcoin-price-fall-to-4800/

After recording one of the worst sell-offs in all of 2018, the crypto market has experienced a minor corrective rally, adding $8 billion to its valuation. The Bitcoin (BTC) price is approaching a resistance level at $5,600, a minor resistance level BTC will have to surpass to potentially eye a rally to $5,800 and potentially

The post Crypto Market Recovers, But Could Bitcoin Price Fall to $4,800? appeared first on CCN

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Basic Attention Token Price Gains 7% After Rough Week

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Just Posted By MarketRanger https://nulltx.com/basic-attention-token-price-gains-7-after-rough-week/

NullTX Basic Attention Token Price Rise

There has been a lot of talk about Basic Attention Token over the past few weeks. Its rumored listing on Coinbase triggered a major price increase. That was followed swiftly by a market dump as trading on Coinbase effectively began This week, things are looking a bit better, primarily because there is a new uptrend shaping up across the board. An interesting trend to look out for heading into the weekend.

Basic Attention Token Price Improves Slightly

It is evident there are still plenty of people who hold Basic Attention Token following the most recent Coinbase listing pump. As the token hit a value which is 50% higher compared to its current price, bagholders are left hanging a bit. With this new uptrend currently in place, they may be able to recoup some money or cut their losses if they are growing impatient.

https://files.coinmarketcap.com/static/widget/currency.js

Over the past 24 hours, there has been a notable Basic Attention Token price increase in USD value. Thanks to this 6.5% improvement, the BAT value has returned to just over $0.21, although that level may not be sustained for very long. There is also a 7% gain over both Bitcoin and Ethereum, which is pretty interesting to keep an eye on moving forward.  While Bitcoin and Ethereum are still down in the dirt, it seems some altcoins and tokens are trying to claw back some losses in the process.

When looking across social media, it seems there are still plenty of people keeping an eye on the Basic Attention Token price. Brian Damelio is confident both BAT and ZRX should double in value or more over the coming weeks, primarily because they seem to offer actual functionality rather than just hype. Even so, it is unlikely either will double in value moving forward.

https://platform.twitter.com/widgets.js

When pump and dump groups start paying attention to Basic Attention Token, one knows this current price trend will not remain in place for very long. As such, the signal sent out by Altcoin Pump Cub may trigger another BAT selloff in the coming hours. Everyone is scrambling to score some profits where cryptocurrencies are concerned, but there will always be others who are well ahead of the curve prior to generating “buzz” for specific projects.

https://platform.twitter.com/widgets.js

Every time any altcoin, token, or asset tends to gain a lot of value, arbitrage opportunities will arise in the process. KoinKnight confirms Basic Attention Token has a nice opportunity ahead, as its USD value on Livecoin is significantly lower compared to the BTC value on Binance. Taking advantage of these gaps can usually result in some very big profits along the way, assuming there is sufficient liquidity to take advantage of this arbitrage opportunity.

https://platform.twitter.com/widgets.js

As is always the case when the Basic Attention Token price rises, there may be a significant setback in fairly quick succession. Whether or not history will repeat itself in this regard, remains to be determined. As the weekend lies ahead, there is a very good chance the BAT price will remain above $20m although it will not necessarily see a massive price gain either.


Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency.

The post Basic Attention Token Price Gains 7% After Rough Week appeared first on NullTX.

Want To Learn About And Trade Crypto The Easy Way? -Goto >>> http://marketranger.com/kryptoview

Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

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Just Posted By MarketRanger https://bitcoinmagazine.com/articles/bitcoin-price-analysis-yearly-support-breaks-bitcoin-tests-underlying-demand/

Bitcoin Price Analysis

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:

fig1Figure 1: BTC-USD, Daily Candles, Broken Support

Bitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. The high volume and wide candle spread does not bode well for the bulls as we are currently witnessing an excess of supply in the market. We have blown through two levels of support and haven’t seen a significant retest just yet:

fig2Figure 2: BTC-USD, Daily Candles, Support Levels (shown in blue)

Figure 2 shows the next levels of support below us, but it seems for now we are content to consolidate at the $5400 level. The $5400 is pretty interesting because that is when the market went from being parabolic to *super* parabolic as the market took off on what’s referred to as a “hypodermic trend.” It’s when the market experiences parabolic blow-off toward the end of its parabolic cycle and the market actually breaks north of its parabolic curve. Almost one year to the day, we have found ourselves positioned at the exact same price it was previously. It was this time last year that we saw the major leaps and bounds in price as the market accelerated upward, following a strong round of media coverage over the winter holiday season.

Something quite alarming for the bitcoin bulls is this massive descending triangle that broke downward yesterday:

fig3Figure 3: BTC-USD, Daily Candles, Descending Triangle (shown in red)

Over the entirety of 2018, the market consolidated in a pattern called a “descending triangle.” Typically, if a triangle breaks downward, it will be seen as a trend continuation to most traders and they are likely to short the asset. In our case, the trend continuation would be a downward continuation. It’s unclear where the actual market will lead, but the blue levels outlined in Figure 2 and the 78% Fibonacci retracement shown above are likely to entice some of the more patient bulls that sat out most of 2018. It’s still very early to tell whether the market will see a strong continuation or if the market is just attempting to find its floor. We will know more with the weekly close.

Summary:

  1. The yearly support finally broke down as bitcoin shoved down a staggering 16% in one day.
  2. The move is still fresh, but the market is attempting to test support as the bulls decide whether they want to start a strong round of buying. One thing is clear though: Supply is very present.
  3. The breakdown of the descending triangle shown in Figure 3 is a sell signal for traders, as it typically is a sign of a trend continuation. The breakout is still fresh, so we will need to check back on the market to gather further insight.

Trading and investing in digital assets like bitcoin and ether is highly speculative and comes with many risks. This analysis is for informational purposes and should not be considered investment advice. Statements and financial information on Bitcoin Magazine and BTC Media related sites do not necessarily reflect the opinion of BTC Media and should not be construed as an endorsement or recommendation to buy, sell or hold. Past performance is not necessarily indicative of future results.


This article originally appeared on Bitcoin Magazine.

Want To Learn About And Trade Crypto The Easy Way? -Goto >>> http://marketranger.com/kryptoview

Bitcoin Price Analysis: Yearly Support Breaks as Bitcoin Tests Underlying Demand

with No Comments

Just Posted By MarketRanger https://bitcoinmagazine.com/articles/bitcoin-price-analysis-yearly-support-breaks-bitcoin-tests-underlying-demand/

Bitcoin Price Analysis

After months and months of consolidation, the yearly support finally broke and now bitcoin has found itself in the lower $5000s for the first time since 2017:

fig1Figure 1: BTC-USD, Daily Candles, Broken Support

Bitcoin managed to drop a staggering 16% yesterday as the market sliced through the long held support like a knife through butter. The high volume and wide candle spread does not bode well for the bulls as we are currently witnessing an excess of supply in the market. We have blown through two levels of support and haven’t seen a significant retest just yet:

fig2Figure 2: BTC-USD, Daily Candles, Support Levels (shown in blue)

Figure 2 shows the next levels of support below us, but it seems for now we are content to consolidate at the $5400 level. The $5400 is pretty interesting because that is when the market went from being parabolic to *super* parabolic as the market took off on what’s referred to as a “hypodermic trend.” It’s when the market experiences parabolic blow-off toward the end of its parabolic cycle and the market actually breaks north of its parabolic curve. Almost one year to the day, we have found ourselves positioned at the exact same price it was previously. It was this time last year that we saw the major leaps and bounds in price as the market accelerated upward, following a strong round of media coverage over the winter holiday season.

Something quite alarming for the bitcoin bulls is this massive descending triangle that broke downward yesterday:

fig3Figure 3: BTC-USD, Daily Candles, Descending Triangle (shown in red)

Over the entirety of 2018, the market consolidated in a pattern called a “descending triangle.” Typically, if a triangle breaks downward, it will be seen as a trend continuation to most traders and they are likely to short the asset. In our case, the trend continuation would be a downward continuation. It’s unclear where the actual market will lead, but the blue levels outlined in Figure 2 and the 78% Fibonacci retracement shown above are likely to entice some of the more patient bulls that sat out most of 2018. It’s still very early to tell whether the market will see a strong continuation or if the market is just attempting to find its floor. We will know more with the weekly close.

Summary:

  1. The yearly support finally broke down as bitcoin shoved down a staggering 16% in one day.
  2. The move is still fresh, but the market is attempting to test support as the bulls decide whether they want to start a strong round of buying. One thing is clear though: Supply is very present.
  3. The breakdown of the descending triangle shown in Figure 3 is a sell signal for traders, as it typically is a sign of a trend continuation. The breakout is still fresh, so we will need to check back on the market to gather further insight.

Trading and investing in digital assets like bitcoin and ether is highly speculative and comes with many risks. This analysis is for informational purposes and should not be considered investment advice. Statements and financial information on Bitcoin Magazine and BTC Media related sites do not necessarily reflect the opinion of BTC Media and should not be construed as an endorsement or recommendation to buy, sell or hold. Past performance is not necessarily indicative of future results.


This article originally appeared on Bitcoin Magazine.

Want To Learn About And Trade Crypto The Easy Way? -Goto >>> http://marketranger.com/kryptoview

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