Cryptocurrency Analysis and News Portal
Blockchain has become a buzz word for companies looking to make a big splash and generate a fair amount of publicity. This has been the case for several industries over the past few years and it’s now true for the smartphone industry. Samsung and HTC were the first smartphone makers to
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China is set to launch the world’s first central bank digital currency (CBDC). As the majority of central banks, including in the US and Europe, are tentative over issuing their own CBDCs, the People’s Bank of China (PBoC) has gone all-in on the idea of a digital Yuan and not
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In recent news, Seed SX’s subsidiary Zero Hash announced that it will support derivatives transactions, thus opening the gates for institutions to clear derivatives on its platform.Seed CX is a cryptocurrency derivatives platform. Now with the help of its subsidiary Zero Hash, the company plans to offer bilateral crypto derivatives
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Bitcoin price is moving lower and is trading well below the $10,250 resistance against the US Dollar.The price is likely to extend its decline below the $10,000 support level in the coming sessions.There is a major declining channel forming with resistance near $10,180 on the hourly chart of the BTC/USD
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Ripple price is struggling to gain momentum above the $0.2600 resistance against the US dollar.The price is currently declining and it could continue to move down below $0.2520.There is a connecting bearish trend line forming with resistance near $0.2545 on the hourly chart of the XRP/USD pair (data source from
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Ethereum continues to languish against bitcoin. Here's what it needs to break the downward spiral. | Source: ShutterstockTo say that Ethereum is weakening against the king of cryptocurrencies would be a huge understatement. The ETH/BTC pair is down by nearly 50% year-to-date as it languishes in bear territory for
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Nasdaq’s Defix index will offer real-time tracking of crypto assets of different blockchain projects like MakerDao, Augur, Gnosis, Numerai, 0x and Amoveo.U.S. Stock Exchange Nasdaq has announced the listing of a new index that offers “real-time” tracking of blockchain projects within the decentralized finance (DeFi) segment. Dubbed as Defix, the
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Gemini cryptocurrency exchange has announced the launch of its custody product dubbed Gemini Custody that will support 18 tokens letting traders transact instantly since it offers them credit.Gemini, the New York-based crypto exchange has launched an institutional-grade crypto custody solution as reported on September 10. The exchange was founded by
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Bitcoin price is slowly declining and recently broke the $10,000 support area against the US Dollar.The price is facing an uphill task and it might continue to struggle near $10,250 and $10,300.There is a major bearish trend line forming with resistance near $10,250 on the hourly chart of the BTC/USD
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