Cryptocurrency Analysis and News Portal
Over the past few hours, Bitcoin has mounted a comeback; after falling as low as $7,590 in step with a similar drop in the price of equities, the cryptocurrency surged towards $7,900. While some say this is just volatility, there is purportedly evidence that an uptrend is forming, one that could
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Bitcoin recently made a “Golden Cross” where the 50-day moving average closed above the 200-day moving average, a positive development for traders who sees it as a very bullish indicator. However, the benchmark cryptocurrency fell sharply right after forming the bullish crossover.The bitcoin-to-dollar exchange rate slipped below both the 50-
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The burgeoning autonomous community of Catalonia has been struggling for political freedom from Spain for years. Now, according to Jordi Puigneró, Minister of Digital Policies and Public Administration, the group is also angling for digital independence."Just as the Internet brought us universal connectivity, blockchain will bring us new universal governance.
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Yesterday, BTC price was back to growing. Today, on Thursday, February 6th, the asset continues its growth mostly around $9,700.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysis.Number of BTC transactions has exceeded 500 million.Commission for transfer in BTC worth 460 million USD was less than 1 USD.Bitcoin price is
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Prominent figures from a range of long-established companies found greener pastures in the blockchain realm in 2019. From BlackRock to Goldman Sachs, and from HSBC to the SEC, traditional industries saw some of their top personnel leave for new prospects in cryptocurrency over the past year. Early 2019Frigid winter conditions
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In November, Upbit, a popular Korean crypto asset exchange, lost $50 million worth of Ethereum (ETH) from the exchange hot wallet in a seeming hack. Details on the attack remain sparse — some think it was an inside job as the word “hack” was not mentioned and due to the
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As prices slowly recover following a rough November, metrics for bitcoin and Ethereum illustrate positive industry sentiment moving forward.These metrics include measures related to active addresses, fees, movement, mining, and more, as outlined in Coin Metrics’ State of the Network: Issue 28.Ethereum Activity In the past 24 hours, over 70,000
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As part of its current mid-term downtrend, Bitcoin (BTC) could be headed toward its 200-week moving average (MA), a level that has been a major historical bottom. Since hitting its 2019 high of approximately $13,890, Bitcoin has seen lower highs indicative of a downward trend, at least in the mid-term. After
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MakerDAO may be diversifying the assets it works with, but it has a long way to go to decentralize the power to make key decisions. Source
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