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Analysts say Bitcoin price pullback and profit-taking at $50K ‘was expected’

The euphoria seen across the cryptocurrency ecosystem over the past couple of weeks was tampered down on Aug. 26 as an early morning attempt by bulls to push the price of Bitcoin to $50,000 was soundly rejected. Data from Cointelegraph Markets Pro and TradingView shows that following its rejection, the price

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Altcoins sell-off while exchange listings boost COTI and Conflux Network

Bears pressed harder on the market today after Bitcoin (BTC)  continued its pullback to an intra-day low at $46,250 and altcoins nursed near double-digit losses.While most of the market is seeing red a few altcoins managed to notch notable gains due to exchange listings and new staking opportunities.Top 7 coins with

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Chainlink (LINK) looks for momentum while pro traders target $40

Chainlink (LINK) is the leading oracle provider, and the project has onboarded over 281 crypto projects in 2021. Some of these include heavyweights like Huobi's ECO Chain, the Hedera Governing Council, and Alchemix. Launched in Oct. 2020, Chainlink's verifiable randomness function, or VRF, has also gained notoriety among decentralized applications (dApps).

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Will Polkadot save decentralized finance from Ethereum’s scaling problem?

Web3, interoperability, and layer 0 are all terms tossed around when describing Polkadot. But what do they mean, and how will they impact the Internet and cryptocurrency market? Cointelegraph Research’s new report explores how Polkadot is tackling distributed ledger scalability and centralization of the web simultaneously. For starters, imagine a world

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US Air Force prioritizes blockchain security with new Constellation Network contract

A blockchain-based initiative from the United States Air Force will employ Constellation's Hypergraph Network to provide data security with the Department of Defense’s commercial partners.In a Thursday announcement, Constellation said it had been working with Kinnami Software Corporation to develop an end-to-end data security solution using blockchain encryption and distributed

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Will Polkadot save decentralized finance from Ethereum’s scaling problems?

Web3, interoperability, and layer 0 are all terms tossed around when describing Polkadot. But what do they mean, and how will they impact the internet and cryptocurrency market? Cointelegraph Research’s new report explores how Polkadot is tackling distributed ledger scalability and centralization of the web simultaneously. For starters, imagine a world

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Grayscale Bitcoin Trust FUD is now over as the last GBTC unlock totals just 58 BTC

Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) completed its share unlockings this week, ending a major talking point both inside and outside crypto.Data from monitoring resource Bybt confirms that as of Thursday, no more unlockings are scheduled.Bitcoin shrugs off another FUD narrativeUnlocking events at GBTC have continued throughout

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Binance incapable of effective supervision, British regulator states

Britain's Financial Conduct Authority (FCA) released a supervisory notice on Wednesday, stating that prominent crypto exchange Binance is not capable of being effectively supervised and exposes users to financial risk.The FCA notice — originally dated June 25 — was in relation to Binance’s “complex and high-risk financial products” that pose a

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