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Bitcoin’s Technical Index Forecasts Strong Breakout on the Horizon

The flagship cryptocurrency continues to disappoint investors while lower-cap coins are running the show. Indeed, Bitcoin has been flat for over the past month without providing a clear roadmap of where its price could be headed next.  The ongoing consolidation period forced the Bollinger bands to squeeze on BTC’s 1-day chart.

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Here’s Why the Bitcoin Dominance Index Based on Market Capitalization Might Not Mean Much

Data from CoinMarketCap shows Bitcoin dominance below 70 percent but in reality, the number could be a lot higher. Unlimited Altcoin Token Supply Makes Market Cap a Meaningless Metric In a report by BTSE Academy, a free Bitcoin learning platform, there are better ways to get Bitcoin’s dominance apart from using the

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Global Index Fund Manager Successfully Trials Blockchain Securities

Vanguard, the world’s second-largest index fund manager, has announced the successful completion of the first phase of its blockchain pilot trialing the digitization of asset-backed securities (ABS).The pilot has seen Vanguard partner with a large U.S.-based ABS provider, distributed ledger technology provider Symbiont, and financial institutions BNY Mellon and Citi,

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This Technical Index Forecasts a Bloody Week for the Cryptocurrency Market

More than $80 billion have been injected in the cryptocurrency market over the past month. The substantial inflow of capital allowed most digital assets to recover the losses incurred during the Mar. 12 crash. However, a well-known technical index among institutional investors suggests that a retracement is underway.Bitcoin current chart

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Largest Japanese Consulting Firm to Launch New Cryptocurrency Index

Leading Japanese consulting firm Nomura Research Institute (NRI) partnered with cryptocurrency investment solution provider Intelligence Unit (IU) to launch a tradable cryptocurrency index.According to a press release published on Jan. 29, the new index’s name is NRI/IO Crypto-Asset Index and it is meant for use by financial institutions. The

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China’s Shenzhen Stock Exchange Launches Index of 50 Blockchain Firms

The stock exchange of China’s technology capital Shenzhen, the Shenzhen Stock Exchange (SSE), launched an index tracking the performance of 50 blockchain firms.According to an announcement on Dec. 24, the index will be based on the stocks of 50 companies listed on the SSE that participate in the blockchain

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