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Unboxing Trezor Review, Migrating from Bitcoin Armory

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2018 Update – Bitcoin Trezor wallets now support Bitcoin, Bitcoin Cash, Bitcoin Gold, Dash, Litecoin, ZCash and also can integrate with MyEtherWallet for Ethereum and Ethereum Classic Over the past few months, mainly due to hardware problems, we’ve had to abandon Bitcoin Armory due to the blockchain repeatedly getting corrupted, and locking us out from our bitcoins while the blockchain rebuilds. After asking around, we followed the advice of some friends and bought a Trezor wallet. Now we’ve had some time to get to grips with it, and use it, we thought it would be a good idea to do an Source: https://bitcoinsinireland.com/unboxing-trezor-review-migrating-from-bitcoin-armory/

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Holders can earn passive income with Origin’s OUSD

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Origin, a peer-to-peer commerce company, has announced the launch of Origin Dollars, or OUSD. This stablecoin uses its reserve for the decentralised finance (DeFi) space and allows users to profit by holding it

Origin announced earlier today that its stablecoin, Origin Dollars or OUSD, is now live. OUSD is a stablecoin that leverages DeFi, allowing balances to grow without holders staking their coins or having an account with the platform.

Matthew Liu, Origin’s co-founder, stated that at the moment, only a small audience gets and understands DeFi as the barrier to entry is much higher. The goal of Origin and its OUSD stablecoin is to make DeFi easily accessible to more people around the world.

The company announced that OUSD is currently backed 1:1 by the leading three stablecoins: USDT (Tether), USDC (Circle and Coinbase dollar) and DAI (MakerDAO).
To mint OUSD, users can easily deposit any of the three supported stablecoins into the new Origin app, or they can buy the coin from  Uniswap.

Once a user buys OUSD, their investment will produce passive income in their wallet, with no further action required. “OUSD automatically earns competitive yields from DeFi protocols while it’s still sitting in your wallet,” the blog post added.

Origin revealed that OUSD has a novel design that ensures users don’t need to stake or lockup their coins to participate in lucrative DeFi strategies. There is also no need to unstake or unlock when users want to transfer their coins to another wallet, ensuring users don’t spend gas fees and can conveniently switch between earning coins and spending them.

Origin stated that, “Your earnings compound continuously and are reflected in your ever-increasing OUSD balance, while still being available for payments, commerce, and peer-to-peer transactions.”

The passive nature of earning money with OUSD makes it perfect for both sophisticated DeFi experts and novice users. Anyone can earn returns passively, without the stress and complexities associated with yield farming.

According to the blog post, the OUSD stablecoin is a natural extension of Origin’s mission to promote peer-to-peer commerce. Origin believes that the OUSD stablecoin will help boost the decentralised commerce platform as it leverages DeFi and allows sellers and buyers to transact easily.

Source: https://coinjournal.net/news/holders-can-earn-passive-income-with-origins-ousd/

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Bitcoin Cash short-term Price Analysis: 23 September

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Disclaimer: The following article attempts to analyze the emerging pattern in the Bitcoin Cash short-term market and its impact on price. 

The movement of Bitcoin Cash has been heavily influenced by Bitcoin given its strong correlation as a forked asset. The strong correlation between the two has led BCH to follow BTC’s lead while sharing a correlation with the stock market. The chart below highlights the coordinated correlation between the three assets.

Source: CoinMetrics

The correlation between BTC-BCH may have reduced, but not lost strength. It was at 0.81692, whereas the correlation between BTC-S&P remained at 0.21582, but BCH-S&P was showing a higher association with 0.23013. Thus, the movement of BCH was not just independent of Bitcoin and even the stock market.

The recent expiry shrunk BCH’s value from $230 to $214, at press time. As the BCH price tries to make the most of the unstable market, its traders may have a tough time deciding the momentum of the price swing.

Source: BCH/USD on TradingView

The above short-term chart of BCH indicated that the price of the digital asset was close to its immediate support at $213.82. The digital asset broke out of an ascending channel pattern. However, this price hike was followed by a downward sloping price giving rise to a descending channel. The likelihood of BCH price breaking down from this pattern was high.

As the pattern painted a bearish picture, the indicators were not contradicting the present trend in the market. The Bollinger bands are opening to indicate more volatility in the market, while the signal line had taken a position above the candlesticks, suggesting the price trend was currently moving lower. The 50 moving average, however, was also above the candlesticks, noticing downwards pressure in the market. As the indicator point at a potential breakdown, the Relative Strength Index indicating a state of equilibrium for BCH.

Source: BCH/USD on TradingView

As the price tried to reverse the trend, the Visible range marked the point of control for the given period at $214.69. This may act as strong support as this point has seen the highest trading volume. The price may consolidate for a while between $215.13 and $214.32, a range that has witnessed great volume for the digital asset.

Source: https://eng.ambcrypto.com/bitcoin-cash-short-term-price-analysis-23-september

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Digital Chamber Adds Mulvaney to Board of Advisors; Visa, Goldman Join Executive Committee

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The Chamber of Digital Commerce, a blockchain advocacy group based in Washington, D.C., announced Wednesday that former acting White House chief of staff Mick Mulvaney has joined the group’s board of advisors.

In a press statement emailed to CoinDesk, the blockchain advocacy group also said Visa, Goldman Sachs and Six Digital Exchange (SDX) have joined the group as executive committee members. 

Source: https://www.coindesk.com/chamber-of-digital-commerce-mick-mulvaney-visa-goldman-sachs

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