Cryptocurrency Analysis and News Portal
Bitcoin is the magical icon in this era! People all over the globe wants to acquire it! More than the virtual currency, Bitcoin has become the class. Once people scared of these kind of things and hesitate to invest in it because of security issues. Now in 2020, the world
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A Bloomberg article claims that Americans are foregoing the safety of the dollar for more speculative assets like stocks, gold, and Bitcoin (BTC).High saving rates, low yieldsBecause of the COVID-19 lockdown, the personal savings rate in the U.S. is at a historic high. The yield offered by the financial institutions
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Bitcoin and ether continue to make gains Friday and stakeholders are increasingly investing their crypto into DeFi. Bitcoin (BTC) trading around $11,333 as of 20:00 UTC (4 p.m. ET). Gaining 2% over the previous 24 hours.Bitcoin’s 24-hour range: $10,974-$11,460BTC above 10-day and 50-day moving averages, a bullish signal for market technicians.Bitcoin
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Bitcoin price this week exploded through resistance at $10,000 and blasted to a high of $11,400. The cryptocurrency
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Bitcoin is currently flashing some signs of strength as it continues consolidating within the lower-$11,000 region. Overnight, bears attempted
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With the dollar dropping to its lowest level since May 2018 and a reshuffle in Japan’s central bank, CryptoX’s Markets Daily is back. Today's Bitcoin News:Bitcoin appears on track to register its best July price performance for eight years and confirm a major bullish breakout in the process. The dollar index dropped
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On June 24, the IMF published its quarterly World Economic Outlook report, describing the COVID-19 induced lockdown as the worst economic downturn in 90 years and predicting a total of nine trillion dollars of losses by 2022. Global growth is projected at –4.9 percent in 2020, and the world economy
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The price of Bitcoin (BTC) has increased from $10,995 to over $10,200 in the past 12 hours. But while the momentum of BTC also pushed up the price of other top cryptocurrencies, including Ether (ETH), key metrics and technical patterns suggest the chances of a pullback are rising. Cryptocurrency market snapshot
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Highlighting the increasing utility of Ethereum and the position of DeFi, the number of BTC on the pioneer smart contracting platform continues to swell. On July 31, 2020, there were 20,309 BTC ($227.3 million) on Ethereum versus the 996.37 BTC in the Lightning Network (LN). 15,521 BTC or $173.7 million,
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Bitcoin appears on track to register its best July price performance for eight years and confirm a major bullish breakout in the process. Source
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