Cryptocurrency Analysis and News Portal
Ethereum gained pace and surpassed the $3,500 level against the US Dollar. ETH price is trading in a positive zone and it could rise further towards $3,700. Ethereum started a fresh increase above the $3,500 resistance level. The price is now trading above $3,400 and the 100 hourly simple moving average. There is
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Entrepreneur and Shark Tank star Kevin O’Leary, also known as Mr. Wonderful. has revealed he now holds more crypto than gold.During an interview hosted by Daniela Cambone from Stansberry Research, O’Leary stated that his investment portfolio has a larger exposure to crypto than gold, however, he still advocates for holding
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The move follows mounting pressure from regulators against the Binance brand including in countries such as Australia, the U.S., and the U.K. Oct 6, 2021 at 4:15 a.m. UTCUpdated Oct 6, 2021 at 4:15 a.m. UTCBinance CEO Changpeng Zhao. (Akio Kon/Bloomberg via Getty Images) Source
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Gary Gensler, the head of the U.S. The Securities and Exchange Commission has confirmed that his agency does not have the authority or intention to ban cryptocurrency.While responding to questions during an Oct. 5 House Committee on Financial Services hearing, Gensler emphasized that prohibiting crypto does not fall within the
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Bitcoin price gained pace and cleared the $50,000 resistance against the US Dollar. BTC could correct lower, but dips might remain limited below $50,000. Bitcoin climbed higher above the $49,500 and $50,000 resistance levels. The price is now trading above $50,000 and the 100 hourly simple moving average. There is a key bullish
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“This funding will accelerate our global growth trajectory, making cryptocurrency easily accessible to even more customers across the world,” Janine Grainger, who serves as the company’s CEO, wrote CryptoX. “It is a clear endorsement of what the Easy Crypto team has achieved to date and the growth potential of the
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Hedge fund billionaire Ken Griffin and former U.S. President Donald Trump have both slammed digital currencies as a threat to the U.S. dollar.Griffin, the founder of the $38 billion hedge fund Citadel LLC, told the Economic Club of Chicago on Oct. 4, that crypto is "a jihadist call that we
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“Unfortunately, our current regulatory framework threatens to push this technology – and the jobs created by this rapidly growing industry – overseas,” McHenry said in a statement. “My bill, which builds on the great work of SEC Commissioner Hester Peirce, will help provide the necessary legal certainty to digital asset
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Ribeiro’s bill covers companies that enable the exchange between virtual assets and national or foreign currency, or between one or more virtual assets, help with the transfer of virtual assets, or provide custody or administration services for virtual assets or instruments that provide control over virtual assets, among other services. Source
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The early morning momentum that pushed Bitcoin (BTC) above $50,000 on Oct. 5 continued throughout the day after bulls took control of the market and bid the price of BTC up near the $51,900.Data from Cryptox Markets Pro and TradingView shows that after a brief period of consolidation, bulls resumed
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