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Ethereum’s price action in recent times has been lackluster to say the least, as it has been closely tracking that of Bitcoin as it trades within a wide and long-held range.It does not appear that this is emblematic of the cryptocurrency’s long-term outlook, however, as one prominent venture capitalist is
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Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cryptox in one link.Top Stories This WeekBitcoin price drop to key $9,000 support
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The world has been slowly recovering from the COVID-19 pandemic, while some countries are bracing themselves for a potential second wave, but the economic downturn in many fields is imminent. This has spurred debates on the current model of a cash-based society, which claim that it had become outdated long
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Ether (ETH) options were launched over a year ago at Deribit derivatives exchange but they have only recently gained traction.Open interest is the main gauge for derivative contracts activity, and on Ether options it has soared by 315% over the past two months to $158 million.This surge in OI has
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On June 11, 2020, regional reports disclosed that the cofounder of Bitmain, Micree Zhan, is still battling with Jihan Wu in an ongoing feud. The quarrel is allegedly causing shipment problems for customers, as reports note that Zhan is prohibiting deliveries stemming from the company’s Shenzhen factory.Bitmain Cofounder Micree
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Quick take:All bets are on Bitcoin either retesting its $9,300 support or losing it completely. BTC dropped below this support zone on the 11th of June. One bearish scenario sees Bitcoin retesting $8,000 or even $7,000. The weekly close is once again knocking on Bitcoin’s doors with the King of Crypto currently trading
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Kate Middleton wants the comparisons between her and Meghan Markle to stop, according to royal insiders. This new revelation is, once again, because of the now-infamous “Tatler” cover story. But Middleton, arguably, was the first to start with the comparisons. Kate Middleton is upset again. The Duchess of Fragility is still mad about the
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Last year, when Bitwise Asset Management sent in its analysis report to the United States Securities and Exchange Commission, it stated that 95% of volume on unregulated exchanges appeared to be fake. This sent shock waves through the cryptocurrency industry. Although, within more professional circles, it was not entirely a
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China is opening its financial sector to American Express. It’s the first foreign credit card company to do business in China. Warren Buffett stands to profit handsomely, and he’ll have the Trump Administration’s trade deal with China to thank for it. American Express (NYSE:AXP) will be the first foreign credit card company to
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