Cryptocurrency Analysis and News Portal
Recently published data from glassnode shows there are currently more than 1,800 Bitcoin (BTC) whales. From a macro perspective, this increase in the number of whales can be considered bullish.The term whale is used within the crypto industry to describe an individual investor that holds a large amount of BTC.
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Jack Abramoff, the lobbyist behind one of the biggest Washington lobbying scandals as portrayed in the feature film Casino Jack, has been charged in connection with AML bitcoin cryptocurrency. He faces returning to jail after previously serving three and a half years in prison.Jack Abramoff Charged in Cryptocurrency Fraud
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Divisive crypto industry businessman Craig Wright is heading to a jury trial in a case that revolves around billions of dollars in bitcoin. The move to trial comes after the legal team for the estate of David Kleiman, Wright’s deceased former business partner, were denied an omnibus motion filed in May
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Ethereum is recovering from the $225 support against the US Dollar. ETH price is now trading near the $230 level ad it seems like there are chances of more gains if it breaks the 100 SMA (H4).ETH price is slowly gathering pace from the key $225 support area against the
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A U.S. District Judge has approved the majority of redaction requests received during the proceedings surrounding the Securities and Exchange Commission’s (SEC) lawsuit against messaging firm Telegram over its $1.7 billion initial coin offering (ICO).The SEC took action against Telegram in October 2019, filing a temporary restraining order barring Telegram
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It’s been an explosive past few months for Bitcoin, equities, and other global markets.After a liquidation event in March that sent cryptocurrencies down by over 50% and other asset classes down almost as much, a bounce has ensued that has largely deleted the losses of March.BTC now trades for $9,400,
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Ethereum is still down by over 80% from its all-time high, but that hasn’t stopped cryptocurrency users from increasingly adopting the asset.Rafael Schultze-Kraft (@n3ocortex on Twitter), the chief technical officer of blockchain analytics firm Glassnode, recently shared the chart below. It shows that the number of new daily Ethereum addresses
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The Dow Jones stumbled on Thursday after another dire jobless claims report. Speculative trading is dominating retail investment platforms, while seasoned stock market investors sit on the sidelines. The Federal Reserve may discuss negative rates this month. The Dow Jones went nowhere on Thursday after another miserable jobless claims report snapped the U.S.
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Bitcoin is trading nicely above the $9,400 support zone against the US Dollar. BTC price is likely to continue higher towards $10,000 if it clears $9,600 and $9.750.Bitcoin is trading with a positive bias above the $9,400 support zone.The price could struggle to clear the $9,600 and $9,750 resistance levels
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Ethereum’s budding decentralized finance (DeFi) ecosystem took a heavy beating after the March capitulation crash.As I detailed in an analysis for LongHash, what happened was that MakerDAO became unstable due to what some say is an erosion in trust in the protocol. Ethereum investor Parafi Capital wrote in a blog
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