Cryptocurrency Analysis and News Portal
Crypto analyst Mati Greenspan won the title of “father of the year” from the two hosts of Virtual Blockchain Week as he tended to his child while delivering a presentation to the virtual conference’s attendees. Greenspan explained that Bitcoin and legacy assets were more closely correlated than you might think
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Tezos failed to retest its all-time high after finding sellers near its local top.The XTZ-to-dollar exchange rate corrected downwards by more than 9 percent after logging four consecutive bullish sessions.It is now eyeing a deeper pullback but could resume its uptrend owing to macro cryptocurrency market narrative.Tezos (XTZ) was going
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Cryptocurrency miners relying on the Bitmain S17 and T17 Antminer have said that the rigs have failure rates between 20-30% where they would normally be roughly 5%.According to an April 26 tweet from Samson Mow, Chief Strategy Officer (CSO) of blockchain infrastructure firm Blockstream, Bitcoin (BTC) miners using rigs from
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Since dropping to a 2020 low at $0.93 on March 12, Tezos (XTZ) had been absolutely on fire, gaining 207% and within close distance of its all-time high at $3.96. For investors, the only question left now is, when will it stop? Crypto market daily performance. Source: Coin360Typically such large moves
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Early this week, analysts were expecting for Bitcoin to start to reverse lower. The cryptocurrency, after rallying for five weeks straight, was seemingly starting to top out, falling to $6,800 in a move that liquidated dozens of millions.But just days later, BTC pumped higher, liquidating $70 million worth of short
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The global crisis and financial market turmoil have many investors looking into whether cryptocurrencies, such as bitcoin, are a good investment for them. A Japanese analyst has predicted high institutional investor demand for bitcoin post coronavirus crisis, giving three key reasons why the cryptocurrency is an attractive investment.High Institutional Demand
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The number of addresses holding at least 0.1 Bitcoin (BTC) has exceeded the 3-million mark for the first time as hodlers brace for the halving.Source: glassnodeAnalysts who adhere to the efficient markets hypothesis, believe that the halving is already priced in and will not significantly affect the price. However, there
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Tezos’ native token XTZ is steadily trending upwards against Bitcoin since October 2019.A medium-term ascending trendline is offering strong support to the said uptrend.Favorable fundamentals and technicals could lead XTZ to establish an all-time high in bitcoin-enabled markets.Tezos blockchain’s native asset XTZ could register a historic high against Bitcoin in 2020
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The notorious bitcoin halving is expected to happen in 20 days either on or around May 12, 2020. The anticipation leading up to the event is at an all-time high, as last week worldwide queries for the phrase “bitcoin halving” using Google peaked with a top score of 100. On
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Grayscale Investments has announced the strongest quarter in its history. Investments into the company’s cryptocurrency products, including the flagship Grayscale Bitcoin Trust (GBTC), hit a record high in the first quarter. Of the total investment, 88% comes from institutional investors. The company now has $2.2 billion in assets under management.Also
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