Cryptocurrency Analysis and News Portal
The blockchain analytic firm, AnChain.ai, recently raised some dust in the crypto sphere when it posted some research findings that suggest Chainlink (LINK) has become a home to the infamous pump and dump scam.Although no confirmations are made yet, the findings by AnChain.ai show that a group of investors are
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Bitcoin (BTC) price traded back below $10,000 on Sept. 11 as five-figure support for the largest cryptocurrency finally crumbled. Market visualization. Source: Coin360Bitcoin pre-halving “shakeout” theory emergesData from Coin360 showed BTC/USD suddenly drop from $10,200 late on Tuesday, subsequently putting in a local low of $9,900 before a slight rebound. At
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The crypto mining giant Bitmain has recently announced that it’s going to expand its Antminer 17 series with two new Antminers: S17e and T17e.The new Antminers are designed to be more power-efficient and could hit a higher hash rate; the new mining hardware is also equipped with software that detects
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View Bitcoin’s drop from $10,949 to $9,855 (Wednesday low) may be a bear trap, as selling volumes have dropped throughout the price pullback. A widely-tracked 4-hour chart indicator is reporting a bullish divergence and the daily candlesticks are signaling seller
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Researchers have published evidence of what they claim is a coordinated pump and dump manipulation involving the Chainlink (LINK) token — the native cryptocurrency of Japanese messaging giant LINE’s service-oriented blockchain.A blog post published on Sept. 11 by AnChain.Ai researchers contains an analysis of apparently suspicious LINK token transactions
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Facebook is in new rounds of talks focused on discussing potential backings for its digital currency Libra.It was recently reported that Facebook has informed U.S. senators that it might not consider the Chinese Yuan as a potential contender for a backing of the cryptocurrency Libra. Facebook has submitted details of
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Switzerland’s Financial Market Supervisory Authority (FINMA) has published a stablecoin-focused supplement to its existing guidelines for initial coin offerings (ICOs).In a news release published on Sept. 11, FINMA takes note of the steadily proliferating issuance of stablecoins since mid-2018, as well as confirming that the Geneva-based Libra Association had
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The popular stablecoin issuer, Tether (USDT), has announced that it plans on launching a new stablecoin, CNH₮, backed by the offshore Chinese yuan. CNH₮ will run on top of the Ethereum blockchain as an ERC-20 token.In a blog post, Tether stated that CNH₮ represents a further expansion of the organization’s
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The hot potato in the world of crypto at the moment is decentralized finance. Satoshi’s original notion of cutting out the bankers is now possible in this new world of digital assets and DeFi protocols. The industry is still embryonic but some of the bigger names in the world of
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Cryptocurrency exchange OKEx announced that it will soon list enterprise-focused decentralized network Hedera Hashgraph’s native token HBAR.As OKEx’s spokesperson told CryptoX, the platform will add HBAR to its spot market with HBAR/BTC, HBAR/USDT and HBAR/USDK on Sept. 17. Deposits and withdrawals will open on Sept. 16 and Sept. 24
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