Cryptocurrency Analysis and News Portal
Ethereum is holding gains above the $3,100 support zone against the US Dollar. ETH price could accelerate further higher if it clears the $3,330 resistance zone. Ethereum started a fresh increase and it even spiked above the $3,300 level. The price is now trading above $3,200 and the 100 hourly simple moving
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Last week's momentum in Bitcoin has all but faded as (BTC) price is once again below the $39,000 level with bears and bulls locked in a heated battle for market dominance. Data from Cointelegraph Markets Pro and TradingView shows that while Bitcoin price falters, several altcoins like Voyager Token (VGX), Perpetual Protocol (PERP) and
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Beginning on August 2, 2021, German institutional funds will be able to hold up to 20% of their assets in cryptocurrencies, possibly setting the stage for wider mainstream acceptance of Bitcoin (BTC) and other crypto assets by the nation’s pension funds. As Bloomberg reports, the new law alters fixed investment rules
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Shocker! According to the latest CBECI update, China’s control over Bitcoin mining was already waning. The Cambridge Bitcoin Electricity Consumption Index shows that and much more, it “provides an up-to-date estimate of the Bitcoin network’s daily electricity load.” However, China is the headline. The government’s recent ban on Bitcoin mining
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Coworking space giant WeWork is the latest company to announce plans to hold cryptocurrencies on its balance sheet.The SoftBank-owned commercial real estate firm announced its plans via a statement on Tuesday. WeWork’s crypto balance sheet will come from the company adopting cryptocurrencies as a payment method.According to the announcement, WeWork has
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Ethereum struggled to settle above the $1,850 resistance and corrected lower against the US Dollar. ETH price is must stay above $1,700 to avoid a strong downside break. ETH price is moving lower from the $1,850 resistance zone against the US Dollar. The price is approaching the $1,780 support and the 100
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In a report shared with Cryptox, institutional crypto trading platform CrossTower asserts that large investors will not let Bitcoin (BTC) fall back below $50,000.According to the report, addresses holding over 1,000 BTC rose to record highs in January on the heels of sizable retracements — evidencing strong dip-buying from whales despite the
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Nigeria’s Securities and Exchange Commission (SEC) announced Thursday it has put plans to regulate cryptocurrencies on hold in light of the central bank’s decision to ban them, according to a report by the Guardian Nigeria.The regulatory body released a statement officially confirming any plans to regulate the cryptocurrencies are now
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To start with, BNY Mellon will offer custodian services to its clients, then move forward to what its clients demand most.The Bank of New York Mellon Corp (NYSE: BK) alias BNY Mellon has revealed plans to hold, issue, and transfer Bitcoin and other cryptocurrencies for its institutional clients later this
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Quick take:Bitcoin has just dipped to the $29,200 price area forming what looks like a doubled bottomBitcoin has since regained $30k and is battling to maintain the $30,700 support area120k Bitcoin options expire this Friday and could provide additional selling pressureHowever, on-chain metrics for active Bitcoin addresses hint of bullishnessThe
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