Cryptocurrency Analysis and News Portal
Over the past few months, however, exchange outflows have plateaued, as seen in the chart below. That suggests traders are gradually moving BTC back onto exchanges for trading purposes as bitcoin’s price rallies. Over time, a shift to exchange inflows could signal a peak in BTC’s price, similar to what
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sponsored Since the beginning of the COVID-19 pandemic and after an initial dip, the stock market has performed exceptionally well for such an economically uncertain time. The SPDR S&P 500 electronically traded fund (ETF), which provides a good indicator of the stock market’s overall performance, has increased in value by
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Bitcoin was slightly lower on Monday as traders remained cautious about regulatory crackdowns from China and elsewhere.The cryptocurrency was trading at about $43,000 at press time and is roughly flat over the past 24 hours. Analysts are monitoring blockchain data for signs of buyer accumulation, although it may be too
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A hamster that trades cryptocurrencies has been outperforming Bitcoin and the S&P 500 since June. The rodent, called Mr. Goxx, uses a device called the “goxx box,” to give signals and make purchases in front of the live streaming audience that follows him. Mr. Goxx has achieved an impressive current
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Ethereum extended its rally to a new all-time high near $2,450 against the US Dollar. ETH price is now consolidating gains, with high chances of more gains above the $2,450 level. Ethereum traded above $2,400 and topped near the $2,450 level. The price is now trading well above $2,400 and the 100
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Yearn.finance’s YFI has been caught within the throes of an intense uptrend throughout the past few days, with
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Although the Bitcoin blockchain lacks the infrastructural model to enable interoperability and power a DeFi landscape like Ethereum, the asset is increasingly being used to provide liquidity in the DeFi market.Without any doubt, the Ethereum blockchain remains the core foundation of the DeFi narrative due to the ever-growing network of
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Tron price is up over 5%, while bitcoin is down over 5% against the US Dollar. TRX is
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The share price of Bitcoin (BTC) mining firms Riot Blockchain and Hive Blockchain has produced enormous year-to-date (YTD) gains, with stock in Riot nearly doubling while Hive tripled over 2020 so far.However, not all mining firms have fared well throughout the COVID-19 pandemic, with Canaan’s stock falling nearly 70% since
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Bitcoin had a nearly 3,500% return on investment since 2015, 70 times that of five traditional stock markets.According to a June 29 article at investor website Buy Shares, data analyst Justinas Baltrusaitis says from June 26, 2015 to June 26, 2020, the return on investment (ROI) for Bitcoin was more
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