Cryptocurrency Analysis and News Portal
Cryptocurrency exchange Okcoin may soon be opening its doors wider to crypto traders in Malta and the Netherlands following approval from key regulators.In a Thursday announcement, Okcoin said it had secured formal registration from the central bank in the Netherlands and secured "in principle" approval for a virtual financial assets
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Ethereum's native asset Ether (ETH) faces prospects of closing above $14,000 sometime in 2021 based on its current trend's striking similarity with the one from last year.Ether price fractalFirst spotted by user TradingShot, the Ethereum fractal involves three technical indicators: a 50-day simple moving average (50-day SMA), a Fibonacci channel,
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Promising innovations in DeFi have given rise to a new breed of stablecoins that have the potential to reduce volatility and promote greater decentralization, according to a new research report from ShapeShift. In its latest New Frontiers research study, ShapeShift explores the recent growth of “algorithmic stablecoins,” which are cryptocurrencies that
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2021 has been a rollercoaster year for the crypto industry, with Bitcoin (BTC) scaling up to an all-time high of $65,000 earlier this year in April, only to dip down to the sub $30,000 zone just months later. However, a moment that is widely considered by many to be a
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Cryptocurrency adoption has seen an accelerated growth this year, with the global crypto population doubling since January, according to a new report.Major digital asset company Crypto.com released its latest study on measuring global cryptocurrency users on Thursday, discovering that the number of crypto users worldwide has more than doubled from
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Hass McCook is a respected Sydney-based civil engineer who has worked on some of the most spectacular buildings in the world, from Munich’s Allianz Arena to Singapore’s Marina Bay Sands.He also considers Bitcoin to be his religion.Better known on Twitter as Friar Hass, the 35-year-old had a religious epiphany about
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Bitcoin (BTC) rose above $40,000 on July 29, a day after the Federal Reserve hinted that it was getting nearer to unwinding its asset purchasing program that has boosted the economic recovery of the United States.The benchmark cryptocurrency previously approached $41,000 ahead of the critical Fed update. Nonetheless, it started
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Bitcoin (BTC) futures open interest is mimicking the start of the BTC price bull run, data shows.As BTC/USD hovered near $40,000 on Thursday, a fresh bullish report from Stack Funds called for “cautious optimism” about further price rises.Bitcoin has sought to flip $40,000 to support this week, returning to the
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A group of Russian experts is working on a new blockchain-based service to allow users to bequeath their cryptocurrency holdings and digital rights to the next generation.The National Technological Initiative (NTI), a global technical leadership program in Russia, announced a new digital inheritance tool based on blockchain technology, local news
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The Israeli government is ratcheting up its efforts to deter tax evasion and close loopholes for would-be money launderers as part of a “war against black capital.” Among the measures outlined in a new draft bill published by the Ministry of Finance this week, a new statutory requirement is being
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