Saturday, April 27, 2024

Bitcoin (BTC) Price Testing Last Line Of Defense With Positive Bias

Bitcoin price is showing positive signs and settled above $10,000 against the US Dollar.The price is now trading near the key $10,400 resistance area, which is preventing gains.Yesterday’s highlighted important bearish trend line is acting as a solid resistance near $10,420 on the hourly chart of the BTC/USD pair (data

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Circle CEO Says Tokenized Fiat Currencies Are on the Horizon

Jeremy Allaire, the CEO of blockchain-based, crypto-inclusive money transfer company Circle, said that the firm has long held that major fiat currencies would eventually be tokenized.Significant digital currenciesIn an interview on Aug. 21 on the podcast Global Coin Research, Allaire said that Circle has thought for years that sovereign

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Blockchain Wallet Adds Support for Crypto Payments Processor BitPay

Crypto wallet service Blockchain Wallet has integrated cryptocurrency payment processor BitPay.Payments conducted through Blockchain WalletBlockchain announced the news on Aug. 23, stating that it now allows its users to copy or scan invoices, allowing them to make a Bitcoin (BTC) payment entirely through its wallet app. The new functionality reportedly

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House Financial Services Committee Will Continue Libra Review

Representative Maxine Waters, chair of the United States House of Representatives’ Financial Services Committee, says the committee will continue to review Facebook’s proposed cryptocurrency Libra and the corresponding digital wallet Calibra.A priority for autumn 2019Waters announced the committee’s priorities for fall 2019 on Aug. 23. According to the statement,

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Bithumb Exchange to Launch Cryptocurrency Listing Committee

South Korean crypto exchange Bithumb will launch a new committee in September that will determine which cryptocurrencies can be traded on its platform.A monthly check by expertsSouth Korean news daily Yonhap News reported the formation of Bithumb’s new committee on Aug. 22. The committee, entitled the Listing Eligibility Deliberation

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Research Suggests Tether Sentiment Could Provide Chance for Manipulation

New research from Augmento suggests a forward correlation between Tether sentiment, market capitalization and price, which could be manipulated or exploited to create arbitrage opportunities. It hypothesizes that Tether sentiment could therefore provide a signal for traders in a blog post published Aug. 22.Sentiment correlation with market capAugmento notes that

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