Cryptocurrency Analysis and News Portal
Photo: PixabayIn the past year and a half, after the extreme growth and shrinking of the value of cryptocurrencies, there has been surface evidence of growing institutional interest in blockchain technologies and the general crypto industry.This interest would first be identified with the help of large scale venture
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Buffett Bashes Bitcoin, Calls It A Delusion For Charlatans In a move that would make Satoshi Nakamoto turn over in his grave (presuming the crypto godfather has passed), Warren Buffet of Berkshire Hathaway recently bashed Bitcoin (BTC) on CNBC’s “Squawk Box” to precede his firm’s world-renowned shareholders meeting. Per previous reports
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View Bitcoin’s three-day chart is showing a bullish crossover of the 5- and 10-day exponential moving averages for the first time since July. The crossover looks decisive as both EMAs are now trending north, validating the bearish-to-bullish trend change
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SEC Commissioner Jackson Sends Positive Cue For Eventual Bitcoin ETF Approval February 9, 2019 by Akshay Makadiya Is a bitcoin exchange traded fund (ETF) inevitable? According to SEC Commissioner Robert J. Jackson Jr.’s latest comments, it could be. In a recent interview, Jackson sent a positive signal that a Bitcoin ETF
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A TD Bank survey revealed that 90 percent of treasury and finance professionals think that blockchain and distributed ledger technology (DLT) will positively affect the payments industry, according to a press release published on Feb. 6.The survey, conducted by top ten United States-based bank TD — a subsidiary of the
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The US stocks opened Wednesday on a higher note as President Donald Trump signaled positive outcomes of their trade talks with China.The Dow Jones Industrial Average jumped 0.5 percent to 23902 points after adding 115 points while the S&P 500 gained 0.3 percent. The Nasdaq Composite Index surged by 43.2
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A convergence of bullish news flow has helped to lift bitcoin back above $4,000. On Bitfinex, where the price tends to trade at a premium partly because of the heavy margin trading at the venue, the BTC price has hit $4,178, jumping $250 in short order, for a 7% gain. On Coinmarketcap
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The cryptocurrency has come a long way since the bitcoin blockchain was created on January 3, 2009. At one point, it was considered so worthless that, in May 2010, Florida-based programmer Laszlo Hanyecz bought two pizzas for 10,000 Bitcoin, valued at the time at $30. Had he kept the currency, it would have been
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Fundamentals are extremely bullish and with regulators amending/formulating new laws, it’s clear that Bitcoin is here to stay. That could explain the increasing level of use, institutional interest and more funds for infrastructure development.Latest Bitcoin NewsThing is, poor policies can cause irreparable damage for an economy. Unfortunately, then ordinary citizens
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Key HighlightsETH price slowly recovered and moved above the $130 and $132 resistances against the US Dollar.Yesterday’s major bearish trend line was breached with resistance at $132 on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely to climb towards the $151 resistance level in the near
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