Cryptocurrency Analysis and News Portal
The crypto market hasn’t fared too well over the past day or two. After peaking at $9,200 in a dramatic fashion, Bitcoin retraced under $8,200 on Sunday, catching many traders off guard, as they were expecting the leading cryptocurrency to continue higher.Though, a prominent analyst, Jacob Canfield, recently shed light
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Joel Kruger, currency strategist at LMAX Group, in December 2018 remarked that he expects for Bitcoin to end 2019 between $5,000 and $8,000. And that it did, with the cryptocurrency ending the year right around the upper-middle of that range in the low-$7,000s. The analyst recently sat down with cryptocurrency media outlet
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The issue of race when it comes to cryptocurrency is a sensitive one, and not without reason. The African-American community is largely born at an economic disadvantage, with a legacy financial system fueled by unethical practices like redlining, among many others. However, cryptocurrencies may give them the opportunity to
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As the new decade unreels, a new wave of disruption seems to be coming to the shores of the global financial system. That wave is called decentralized finance protocols.Decentralized finance, or DeFi, simply refers to financial software that is built on the blockchain to make it easy for anyone
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In the never-ending search for signals to give traders an edge, could bullish comments on Reddit serve as a momentum indicator for bitcoin? That’s what a recent graphic by startup ChartStar suggests. The data visualization company graphed comment data over the past several weeks for the term “bullish” from several popular
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Craig Wright, who claims to be the Bitcoin creator known as Satoshi Nakamoto, has warned the BTC Core (BTC) and BCH to stop using the Bitcoin database in order to avoid potential lawsuits. He claims that both networks may also violate the laws under the terms of Bitcoin’s original
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A member of the United States Federal Reserve’s board of governors has signalled that the institution is more open to the idea of central bank digital currency than previously.Lael Brainard — who chairs several Fed committees — made her remarks during a speech at a symposium on the future
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Last December Brian Behlendorf is the Executive Director of Hyperledger said that 2019 was a year of “careful, prosaic BUIDLING.” Now, in an interview with CoinDesk’s Michael Casey at Davos, Behlendorf said he believes a lot of what the blockchain ecosystem was building is getting closer to becoming a net
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Over the last few hours, the price of Bitcoin (BTC) began to falter at $8,300 and dropped all the way to the support at $8,000 as United States President Donald Trump stated that he would not seek further military action against Iran following Tuesday night’s bombing of two air
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With Bitcoin making new highs, bullish sentiment is rife within the space as many have once again called this the end of the corrective cycle. Volume, however, has been in decline since July 2019 and the technical structure of bitcoin looks more and more like the descending triangle that formed
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