Bitcoin Is At a “Pivotal Level” That May Rapidly Boost BTC to $10,400
It’s been an explosive past week for Bitcoin. After flatlining around $9,200 for weeks, the leading cryptocurrency surged as
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Rapidly
On-Chain Data: Ethereum Is Rapidly Growing as DeFi Hype Spreads
Bitcoin, Ethereum, and most other cryptocurrencies have largely stalled over the past few weeks. That’s in terms of price.But data shows that the two leading blockchains are seeing rapid growth in usage. This comes in spite of fears that a second leg to the 2020 bear market/trend is on the
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How Tether On Ethereum Is Rapidly Becoming The Cryptocurrency Of Choice
While all eyes are on Bitcoin, as the cryptocurrency community watches and waits for the asset’s next uptrend to begin, another crypto asset has gone parabolic – but not in price.The market cap and total supply of Tether have been skyrocketing more so than Bitcoin price has. Also easily besting
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Don’t Be Surprised to See Bitcoin Rapidly “Pump” Towards $10,000: Analyst
Just three hours ago, Bitcoin’s latest block reward halving finally came to pass.Aside from some short-term volatility — rallies and crashes of a few percentage points here and there — the cryptocurrency barely budged off the news from a macro perspective. Case in point: the cryptocurrency now trades at $8,600
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The Odds Bitcoin Sees an Exponential Spike Are “Rapidly Increasing”: Here’s Why
There is no doubt Bitcoin has been adversely affected by the outbreak of COVID-19.Crypto assets, like many other mainstream asset classes, experienced a large downturn in the middle of March. It was a move in global markets based on fears that the coronavirus lockdowns could cause a widespread economic contraction,
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Data Shows Institutional Demand For Ethereum is Surging Rapidly, as ETH 2.0 Approaches
Estimated data shows cryptocurrency asset management firm Grayscale purchased close to half of all mined Ethereum in 2020. What’s more, with Ethereum 2.0 drawing closer, many have speculated that institutional investors are looking to reap the benefits of ETH staking.Institutional Interest in Ethereum Taking OffGrayscale is currently the world’s largest
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This Odd Factor Suggests Bitcoin’s Bull Case is Rapidly Building After 20% Drop
After Bitcoin started to tank earlier this week, analysts have been wondering at which point the cryptocurrency will bottom. While traders across the board are divided about the exact answer to this pressing question, there is a rapidly-building case that BTC will soon start to trend higher once again after
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Top Analyst Eyes Surge to $11,000 as Bitcoin Rapidly Jumps 3% Higher
Bitcoin has once again started to show signs of recovery. In the past hour, the price of the leading cryptocurrency has exploded higher, from the daily low around $9,650 to as high as $9,040, a jump of 3%. While this move has not yet been sustained on a weekly basis, analysts
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Japan Braces For Launch Of Digital Yen Amid Rapidly Changing Technology
An official of the central bank of Japan announced Thursday that it must brace itself for the issuance of virtual currencies, considering the fast-evolving world of global payments.Not much media coverage has been given on Japan’s digital currency until now. It all started when at a recent finance seminar Masayoshi Amamiya,
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‘Blockchain Is A Rapidly Maturing Technology in China’
Forkast Insights, the research arm of Asia-based Forkast, took an in-depth, comprehensive look at how blockchain technology is integrated in China.On Dec. 5, Forkast Insights presented its first report on how blockchain is being applied by the Chinese government and companies across the country. According to the report, blockchain
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