Cryptocurrency Analysis and News Portal
The offices of Chinese initial coin offering (ICO) startup GXChain have reportedly been closed by the local police.On Sept. 11, Dovey Wan — founding partner of blockchain-based investment company Primitive Ventures — tweeted a photo of an office taped closed (presumably by Chinese police) and announced that GXChain “got
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A buoyant sentiment carried into the bitcoin market this Friday as the benchmark cryptocurrency inched towards the $11,000 level.The BTC/USD instrument established a local top of $10,925 on San Francisco-based cryptocurrency exchange at 1215 UTC. The move brought the pair to its 16-day high and further promised to end the
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The Cabinet of Germany and Germany’s central bank Deutsche Bundesbank are working together closely on issues related to central bank digital currencies (CBDCs).Awareness of global CBDC situationOn Aug. 29, Germany’s federal parliament (Bundestag) published official feedback to a request from parliamentary group the Free Democratic Party, which asked the
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Bitcoin (BTC) price was battling resistance at $12,000 Aug. 9 despite bullish predictions continuing to focus on more growth.Market visualization. Source: Coin360Weekly record ahead for Bitcoin?Data from Coin360 put BTC/USD at almost the same place it was 24 hours previously, the pair having swung between $11,500 and $12,030 in
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Bitcoin price throughout 2018 was locked in a bear market and downtrend that ultimately took the price of the first-ever crypto asset to its bottom at $3,200. But during the almost 8 months of 2019, Bitcoin has been in an uptrend and is preparing to enter a bull market.But before
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It seems inevitable that two of the financial world’s hottest trends would cross roads with each other. For bitcoin enthusiasts and investors looking to benefit from the growing popularity of exchange-traded funds (ETF), the possibility of a derivative that tracks the value of cryptocurrencies is the best chance for connecting
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Ethereum (ETH) prices are stableInteroperability will be overarching in days aheadDevelopers are working to address the scalability pain points. Meanwhile, Ethereum Classic developers are lining up two hard forks in the course of the year to make their dApps compatible with Ethereum’s in a hallmark move highlighting the significance of
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LVC Corporation, the digital asset- and blockchain-focused arm of Japanese messaging giant Line, is allegedly close to obtaining a crypto exchange operating license from Japan’s financial regulator. The news was reported by Cointelegraph Japan on June 20.According to the report, Japan’s Financial Services Agency (FSA) could issue the company
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Thursday, June 13 — Top cryptocurrencies bitcoin (BTC), ether (ETH), and ripple (XRP) are all still in the green, seeing minor gains since yesterday. The market as a whole is mostly trading sideways.Market visualization. Source: Coin360Bitcoin broke $8,300 today, after trading below $8,000 for part of June 12. At
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By CCN: After a week in which bitcoin flirted with $9,000 for the first time in a year, Fundstrat’s Tom Lee cited data which suggests the point of no return is fast approaching.According to data from Fundstrat, when the value of bitcoin crosses the $10,000 barrier, it’s full-blown FOMO all
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