Bitcoin Price Turns Vulnerable As Indicators Point To More Weakness
Bitcoin price is struggling below the $26,500 resistance. BTC could accelerate lower if there is a close below the $26,000 support in
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Animoca plans to develop digital IDs and point system for Web3
The gaming and Web3 company Animoca Brands announced on Sept. 11 the closing of a funding round to accelerate the development of its Mocaverse platform. Animoca raised $20 million in an effort to push forward its goal of building out the “Mocaverse” project to be the identity and point system for
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Turning Point For Bitcoin And Crypto? DXY At 5-Month High
In a crucial development for the financial markets, the US Dollar Index (DXY) has surged to its highest level since March, marking
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Micro $3 Bitcoin miners won’t make bank, but that’s not the point: Inventors
While lacking in performance, micro Bitcoin mining devices should be seen as a stand against the Bitcoin ecosystem’s purportedly biggest flaw, its inventors argue.Micro Bitcoin mining devices — often open-source and pocket-sized — have been serving a niche part of the market, offering buyers a fully assembled device or a
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StarkWare, Herodotus launch tech to verify data from any point in Ethereum’s history
A new zero-knowledge proof (ZK-proof) technology is set to improve the ability to access and verify historical data from the Ethereum (ETH) blockchain, with deep chain validation cited as a usability barrier of the network.Technology firm Herodotus has released its on-chain accumulator which uses storage proof cryptography, allowing users to
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Why did Bitcoin drop? Analysts point to 5 potential reasons
Elon Musk's SpaceX reportedly selling its Bitcoin (BTC) holdings, the bankruptcy of a Chinese property giant and fears of interest rate hikes have been among the theories raised as to Bitcoin's freak price dip.On Aug. 18 around 9:35 pm UTC, the price of Bitcoin suddenly plummeted over 8% in a
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Factors Point Toward A Significant Decline
Dogecoin (DOGE) has recently witnessed a gradual decline in both its price and Open Interest over the past three days. These developments
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XRP Price at Potentially Significant Turning Point, Key Support Nearby
Ripple’s token price is consolidating above $0.620 against the US Dollar. XRP price might start a decent increase if there is a
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BTC Bulls Are Back? On-chain Indicators Point to Short-Term Rally
BTC recorded its highest daily active address count on 2 August. The recent increase in network activity, surge in loss-making transactions, and growing negative sentiment are all indicators of a short-term price rally for Bitcoin. The number of daily active addresses that trade Bitcoin [BTC] has surged in August, reaching a three-month
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AAVE price takes double-digit hit, but strong fundamentals point to eventual recovery
AAVE, the governance token of the decentralized finance (DeFi) protocol Aave, experienced a 17% decline between July 30 and August 1, reaching the $62 level. While the $62 support has demonstrated its resilience, the current price of $64.40 is still 12% below the daily close on July 30. Investors are now
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