Cryptocurrency Market News: Blockchain startup claims it can undo Bitcoin transactions

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Here is what you need to know on Tuesday, June 30, 2020

BTC/USD is trading around $9,200 recovering from a slight drop to $9,070. For the most part, Bitcoin has remained flat.

ETH/USD has experienced similar price action but the recovery was worse and it’s trading at $225 after the daily 12-EMA and the 26-EMA have crossed bearishly. 

XRP/USD is down 0.6% but holding $0.17 for now. The digital asset is in free-fall mode.

Molecular Future, an unknown cryptocurrency is ranked 143rd after a massive 1600% pump. Next on the list is Elrond with a 20% price increase today and $26 million in trading volume. Celsius is up 12% but almost 60% in the last seven days.

Chart of the day: MOF/USD daily chart 

Market

According to Kirobo, a blockchain startup, Bitcoin sent to the wrong address can be canceled and retrieved. 

Until the right code has been provided by the recipient, the sender can retrieve the funds at any time […] Kirobo does not hold the user’s private key and has no access whatsoever to the funds or their destination: the password simply governs whether the transfer is finalized or not

According to Max Keiser, Bitcoin could reach $500,000 thanks to a hash rate war between the …

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