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Bitcoin price extended its rise and cleared the $50,000 resistance against the US Dollar. BTC is now consolidating gains and it is likely to climb further above $52,000. Bitcoin is trading in a positive zone above the $50,000 and $50,500 support levels. The price is now trading well above $51,000 and the
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An NFT made up of 100 individual pieces from 100 different artists has sold out within minutes on the Rarible platform, raising almost $89,000.The Ultimate Artist Collaboration...crashed Rarible and then sold out in minutes — Loopify ♂️ (@Loopifyyy) March 3, 2021 Although the sale amount is far from record-breaking, the project
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On Feb. 20, Ether (ETH) price rallied to a new high at $2,015 and this caused multiple indicators to display signs of excessive optimism. While the excitement could be easily justified by Ether's year-to-date 176% gain, these warning signs should not be ignored.On of the primary driving factors of the
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Bitcoin price is back above $50,000 after a short-lived correction in the range below the key level. However, since the cryptocurrency has reclaimed the halfway point to $100K, open interest has skyrocketed. The sudden sharp increase in open interest has traders cautious currently. Here’s a closer look at why that’s the
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The last bull run of 2017 was defined by the initial coin offering craze, which took a turn for the worse with foreseeable consequences for overvalued projects that had little more than a team and a poorly written white paper. While many useful projects were able to blossom from the
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Bridge Oracle will soon be launching services on its mainnet that will permit users to implement real-world DApps on the Tron network with the help of Bridge Oracle. Bridge Oracle is pleased to announce the upcoming launch of its mainnet services. The mainnet will enable users to deploy real-world connected decentralized
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Key Bitcoin Takeaways Bitcoin prices jumps back above $52,000 and pushes higher. The gains appear as bond sell-off cools down after a week of turbulence. Greg Waisman, the co-founder of crypto wallet service Mercuryo, suggests BTC/USD could hit $60,000 in the coming sessions. Bitcoin prices rose Wednesday, breaking above $52,000 for the first time
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At the dawn of the blockchain age, Layer 1 laid the foundation for what has become one of the revolutionary industries in this Millenium. Layer 1 is the underlying main blockchain architecture. Ethereum and Bitcoin chains are considered Layer 1 and although these chains kickstarted the blockchain industry into gear,
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Lawmakers in Kentucky are looking to impose tax breaks for local cryptocurrency miners.Kentucky lawmakers on Tuesday approved several state tax breaks including House Bill 230, which would remove the sales tax from electricity purchased by local crypto mining operators.According to a report by the Lexington Herald-Leader, Kentucky legislators voted 19
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Polkadot’s DOT corrected lower from $42.00, but it remained stable above $30.00 against the US Dollar. It is now rising and it seems like the bulls are eyeing a fresh increase to $40.00 and $42.00. DOT is holding the ground above the $30.00 and $35.00 levels against the US dollar. The price
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