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Latest news on Ethereum
In a military case – Copytrack Pte Ltd v Wall-noted by the Law School of the University of Oxford and published by the Business Law Blog, it is probable that the relevant laws will apply to the claims of lost or stolen cryptocurrencies. The sentence against the defendant, Brian Wall, requires that the actor and the issuer of the Copytrack Pte money of Singapore, track down and recover the coins from "any hand can hold the coins".
To read: Ethereum (ETH) Futors Rumors Mount, as the CBOE & # 39; s Bitcoin Foray Turns One
The defendant erroneously received 580 ETH from Copytrack instead of 580 PTY token after participating in an ICO.
This is an important ruling that could help protect companies or people who link funds to wrong addresses in progress to demonstrate how blockchain technology is governed not only by smart codes and contracts but by applicable rules established by a given jurisdiction.
At the moment, specialized companies are developing. However, in the future, it will be easy for legitimate owners to monitor and recover funds once they appear on the supporting portfolios.
Analysis of ETH / USD prices
With a market capitalization of $ 9.25 billion, ETH is the third most valuable currency in space. But it could regain its place if prices rise above $ 100 and after $ 160. From the candles agreement, ETH / USD prospects expanding above $ 100 are a high order and depend largely on resuscitation. of BTC prices.
So how it is, ETH is in range-ranging mode within a range of $ 17 with limits to $ 100 and $ 83-December 7 low. As mentioned in the previous analysis, the bears have control but for the shift of trend and the invalidation of the bear breakout model that saw ETH sink below $ 100 to December 6, buyers must gain momentum and recover over $ 100.
This will make buyers jump into stock purchases on declines with a stop at $ 90 and first targets at $ 130 and after $ 160 – the main line of support for the main resistance.
Our ETH / USD business plan is as follows:
Buy: $ 100
Stop: $ 90
Objectives: $ 130, $ 160
Latest news about Litecoin
In an audio interview with Helio Executive John O & # 39; Shea, the lending company stated that it will issue secured loans from cryptocurrencies like Litecoin (LTC), XRP, BTC and ETH shortly after receiving a credit license from the regulator .
Read also: 7 Major Exchanges join forces to improve the Crypto ecosystem in South Korea
Meanwhile, HTC Exodus 1 was presented at the Slush Conference in Helsinki, Finland. The smart phone blockchain that will be shipped pre-loaded with the Brave Browser will be marketed for 19.74 LTC and the company has the founder of Litecoin as a consultant.
As announced a @SlushHQ today, now you can buy the @htcexodus encrypted phone with Litecoin. It costs a fixed amount of 19.84 LTC. #PayWithLitecoin #Big Brother #Bitcoin 😀 pic.twitter.com/jqViS3gjPc
– Charlie Lee [LTC⚡] (@SatoshiLite) 6 December 2018
Analysis of LTC / USD prices
On a weekly basis, LTC / USD is down 18%, but fairly stable in shorter periods of time. Despite signals of higher highs and the uptake of sales pressure without price fluctuations, bears are technically responsible and could worsen if prices fall below our lower support at $ 20 or at the 7th low .
From the simple arrangement of the candle, we will recommend patience until there are convincing pauses above the $ 5 range from the highs of December 8 to $ 25 and plans to $ 20. Before then, sellers have a real possibility of lowering prices into a continuation trend that could see LTC print $ 2 for year-end.
Obviously, this is undesirable, but the only time buyers would check when there are solid movements above $ 25. This could push prices towards $ 40 and then $ 50 to reinvigorate the market in the process.
This is our LTC / USD business plan assuming that the bulls take over:
Buy: $ 25
Stop: $ 20
Objectives: $ 40, $ 50
All graphics courtesy of Trading View
This is not an investment tip. You are a research owner.
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