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Noelle Acheson is a veteran of company analysis and CoinDesk’s Director of Research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional
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Stellar Lumens leads the crypto-market breakout on Friday thanks to a confluence of fundamental factors. | Image: shutterstock.com XLM skyrockets in the wake of the President Xi-inspired pump. Lumens gains prominent listing on Coincheck. Stellar Foundation scraps inflation. Ripple rival Stellar (XLM) is head and shoulders above the rest of the cryptocurrency market Friday,
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Bitcoin price (BTC) is currently locked in a battle to stay above the descending channel and have another run at the recent high at $10,540. In order to do this, first, the digital asset needs to overtake the resistance levels at $9,300 and $9,400. Was the “Xi pump” a fluke? As
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Peter Schiff trashed hodlers on Tuesday by claiming that whales are simply just offloading their bags. The gold pundit appears to be indirectly suggesting that bitcoin is the ultimate pump and dump scheme. Bitcoin is still performing excellently in 2019. Peter Schiff is one tough nut to crack. The infamous gold and silver
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Derivatives exchange FTX has launched an index of eight popular China-based cryptocurrencies. Announced in a tweet by the firm’s CEO Sam Bankman-Fried Tuesday, the Dragon Perpetual Futures Index (DRGN-PERP) tracks a basket of coins including BTM, IOST, NEO, NULS,
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Binance Coin (BNB) was trading in an extremely positive zone on Wednesday as its top rival bitcoin kept underplaying investors’ bullish expectations.The eighth-largest cryptocurrency by market cap surged by up to 11.73 percent to establish a session high of 2,289 sats. It attracted a similar capital from the fiat market,
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The blockchain analytic firm, AnChain.ai, recently raised some dust in the crypto sphere when it posted some research findings that suggest Chainlink (LINK) has become a home to the infamous pump and dump scam.Although no confirmations are made yet, the findings by AnChain.ai show that a group of investors are
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