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Bitcoin Price Technical Analysis (Oct. 16): Trending Sideways with Negative Sentiment

AnalysisWhen looking at the chart below we see that Bitcoin(BTC)trade is currently trading at $8,014. It is also seen that the price is still trading between the channels, with the upper limit at $8,436 acting as resistance and the lower limit is at $7,927 acting as support.Currently the cryptocurrency’s price

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Dubai Chamber of Commerce Partners with Major Local Bank for Blockchain Solutions

Dubai Chamber of Commerce and Industry (DCCI) has partnered with the major regional bank Emirates NBD by signing a memorandum of understanding (MoU) to boost the development of the blockchain-powered Digital Silk Road initiative.Emirates NBD was the first bank in the region to launch a blockchain pilot in this domain

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New Partnership Launches Gold-Pegged Stablecoin DGLD on Bitcoin’s Blockchain

A group of crypto and precious metal companies formed a consortium and launched a first-ever Gold-backed digital currency with the ticker DGLD on the Bitcoin blockchain.Europe’s largest crypto assets manager CoinShares, with the leading provider of cryptocurrency products including the world’s most popular crypto wallet, Blockchain Luxembourg S.A., and the

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Facebook Libra’s Five-Member Council Elected as More Members Withdraw

Facebook’s cryptocurrency project, Libra, has announced the selection of a five-member board on Monday. The company has dismissed the recent turmoil over several prominent members leaving, the latest one being an online travel company called Booking Holdings.The head of policy and communications representing the Libra Association, Dante Disparte, says that

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