Cryptocurrency Analysis and News Portal
Bitcoin was higher, just above $13,000 and rising for a seventh straight day – the longest winning streak in six months. “A continuation would probably require more positive news,” Matt Blom, head of sales and trading for the publicly traded cryptocurrency firm Diginex, wrote Thursday in a note to clients.In traditional markets,
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It would be "advantageous for Ripple to operate in the U.K.,” said Ripple CEO Brad Garlinghouse. Source
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PayPal’s pledge to support cryptocurrency as a funding source for 26 million merchants will likely benefit mass cryptocurrency adoption more than it will boost the payments firm’s bottom line, Morgan Stanley researchers said in a Wednesday report obtained by CryptoX. Source
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While Bitcoin has seen strong volatility on a day-to-day and week-to-week basis, it is flat on a macro
Read MoreBitcoin (BTC) options aggregate open interest has increased to $2 billion, which is 13% below the all-time high. Although the open interest is still heavily concentrated on Deribit exchange, the Chicago Mercantile Exchange (CME) has also reached $300 million.In simple terms, options derivatives contracts allow investors to buy protection, either
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In the face of Ethereum’s recent rocketing transaction fees, its founder and chief scientist, Vitalik Buterin, called on users of the second-largest blockchain to move over to scaling solutions that are “already here for many classes of applications.”Buterin took the opportunity while speaking at the opening keynote of CryptoX’s invest:
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Litecoin (LTC), a nine-year-old cryptocurrency whose price returns have chronically underperformed the bigger and better-known bitcoin in recent years, is hitching its wagon to a new star: privacy.The blockchain industry subsector of “privacy coins” – cryptocurrencies with embedded technology that shields identifying information from public view – is becoming one
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Bitcoin’s technical outlook has greatly improved throughout the past few days, with bulls’ ability to push the cryptocurrency
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The seven transactions involved in the movement of these funds on Wednesday were flagged by Twitter-based blockchain tracker bot Whale Alert. Source
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Just as Bitcoin was a spark for the cryptocurrency movement, it seems that Ethereum is likely to take a similar role in the history of DeFi.Decentralized finance is undoubtedly the biggest hit of 2020, with $12 billion in total value locked looking like a realistic target for 2020. Over recent
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