Crypto Roundup: October 19th, 2020
Bitcoin has shown resilience over the past week, holding firm above the newly conquered $11k level as cryptocurrency
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October
Indodax Crypto Exchange Set to List LinkEye (LET) on October 15
Interested LinkEye investors can begin depositing LET on Indodax starting from today.Indonesia’s largest cryptocurrency exchange Indodax has partnered with LinkEye to list the former’s native coin LET on October 15. According to metrics provided by CoinMarketCap, Indodax reported having approximately 2 million registered users, hence making it the best platform
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October Could Be Your Last Chance to Profit from the 2020 Stock Market
After the September selloff, October offers investors an opportunity.Monumental vaccine developments could boost share prices this month.October is the final month before election chaos becomes a reality.So far this year, investors have had a wild ride—but for those who hung on through the March dip, it’s been mostly positive. September
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Trump COVID Test, BitMEX Charges Bring October Shocks for Bitcoin
U.S. regulators and law-enforcement officials brought charges on Thursday against BitMEX, a Seychelles-based cryptocurrency exchange that has grown in recent years to be one of the industry’s biggest players.According to the U.S. Commodity Futures Trading Commission, prosecutors accused BitMEX of facilitating unregistered trading and other violations, including “conducting significant aspects
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The Bahamas Reveal Details, October Date of Landmark Central Bank Digital Currency Debut
The Bahamas confirmed it will cross the central bank digital currency (CBDC) finish line next month.“The intended outcome of Project Sand Dollar is that all residents in The Bahamas would have use of a central bank digital currency, on a modernized technology platform, with an experience and convenience—legally and otherwise—that
Read MoreThe Bahamas will launch a digital Central Bank ‘Sand Dollar’ in October
The Bahamas is gunning to become the first country in the world to roll-out a state-backed virtual currency nationwide, and has announced it will launch a central bank-issued cryptocurrency during October.The assistant manager of eSolutions at the Central Bank of The Bahamas, Chaozhen Chen, told Bloomberg that the digital currency,
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Analyst Who Predicted Bitcoin’s 40% October Rally Warns of BTC “Head Fake”
Bitcoin price this morning broke through a short-term downtrend line making up the top of a symmetrical triangle pattern. The currently unconfirmed breakout also caused the “first lift” in the Bollinger Band squeeze resulting from dwindling volatility.This lift is normally a sign of the Bollinger Bands expanding and an explosive
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Bitcoin Makes Biggest Weekly Price Gain Since October
ViewBitcoin jumped more than 11 percent last week, confirming a falling channel breakout (bullish reversal) on the weekly chart. The breakout has opened the doors for a re-test of October highs above $10,000. For the next 24 hours, the focus is on $8,200, a level that has proved a tough
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Bitcoin Erases 75% of October Price Rally as S&P 500 Hits Record Highs
Bitcoin is looking south after erasing three-quarters of the price rally seen in October. The bearish mood comes as the U.S. equities market is soaring in the opposite direction. Source
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Bitcoin Price Set to Hit $16,000 by the End Of October
A prediction from January suggests that Bitcoin is set to surge by more than $6,000 in the next three days.Bitcoin isn’t just the first major decentralized cryptocurrency but also the most popular with the largest market cap and price. Bitcoin also has the largest market dominance and is currently at
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