NEO/USD Price Prediction: NEO/USD readying for a potential dive lower to test the water of the below demand zone

NEO is seen nursing losses of over 3% on Wednesday, with price action still remaining somewhat narrow. Head and shoulders pattern eyed on the 30-minute chart view, price close to testing neckline at $37.90.   The NEO price was nursing losses of over 3% on Wednesday, after failing to move back above the $40 area.

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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars

Tether Ltd., which issues a stable coin allegedly tied to U.S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. While the law firm did not perform

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USD/JPY Technical Analysis: Greenback bulls reintegrate bullish channel near 109.50

USD bulls are currently trying to reintegrate the former bull channel. If they can bring the market above the 110.56 supply and potentially form a base in the 110.23-110.56 area, the bulls have a chance to bring USD/JPY back to the 111.00 figure and maybe to 111.41 May 21 high.  On the other hand, if

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Control of Highly Demanded Crypto Classes May Spark Turf War at Universities

Can only a law professor teach about smart contracts? Universities have faced several challenges with adding crypto classes to their curriculum such as a scarcity of knowledgeable lecturers and an ecosystem that develops much faster than they can reprint books. Now they also have to worry about different departments bickering over control of the multifaceted

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“No Grounding In Reality”: BIS Report Tells A Strange Crypto Story

Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies. Since the report’s publication, many leaders in the crypto community have argued that the BIS is incorrect in much of what it seems to

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USD/CAD: Greenback bulls lift USD/CAD above 1.3300 near 11-month’s high

US Dollar Index is trading near one-year’s high in the 95.00 area.  CAD under pressure as oil is on the backfoot. Investors’ focus is on OPEC meeting on June 22.   USD/CAD bulls are grinding higher on Wednesday as their objective is to keep the market above the 1.3300 psychological mark. The currency pair is

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EOS/USD Price Analysis: EOS/USD continues to form bull flags, suggesting of a larger decent rally higher to come

EOS down 1.5% on Wednesday, however price behaviour indicating another potential rally. Another bull flag pattern is eyed on the 60-minute chart view for EOS/USD.   The EOS price was seen down 1.5% in late trading on Wednesday, as the price remains contained within a bull flag formation, subject to an extended move to the

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Canada’s Freeland: Planned counter tariffs against US ‘are strong and they need to be’

Canada’s Minister of Foreign Affairs Chrystia Freeland has recently crossed the wires providing the key quotes, via Reuters, found below. She welcomes U.S. Commerce secretary Ross’ remarks on Canadian steel not posing security threat. Planned counter tariffs against united states ‘are strong and they need to be’ Reiterates that Canada sees no link between NAFTA

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