Cryptocurrency Analysis and News Portal
Bitcoin’s Lightning Network has reached a significant milestone. An important capacity limit meant to protect users of the nascent protocol is being tweaked, toppling a barrier to entry for companies looking to adopt the novel payment system. LND, a leading Lightning Network implementation from startup Lightning Labs, has announced it has
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On Tuesday, August 18th, ETH is slowly falling; the cryptocurrency is consolidating in anticipation of possible movements. The instrument is mainly trading at $430.92.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.As we can see in the daily chart, the rising tendency continues. After finishing a quick growth, ETH/USD is correcting towards the
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The price of Bitcoin (BTC) held the crucial support level of $9,000, after which a rally to $9,600 occurred, as anticipated in last week’s technical analysis. Nevertheless, the overall market trend for BTC price has not broken out of its range since the halving in May.The support area is $8,800-9,000,
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The ongoing rise in the stock market is unprecedented, and in many ways seems familiar to bubbles seen in years past – including Bitcoin and the crypto market’s meteoric rise in late-2017.This is causing many investors to grow fearful about the market’s future and has caused some notable investors –
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Shunning Bitcoin’s lack of trend, altcoins have seen extreme volatility over recent weeks. Take the example of Chainlink (LINK), a community-favorite altcoin that is up by around 450% since the March lows. Although it has just recently set a new all-time high, the asset has seen multiple days where it
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Singapore authorities announced today that their blockchain payments project, Project Ubin, is complete and ready for commercial launch. The Monetary Authority of Singapore, or MAS, first undertook Project Ubin in 2017 with plans to first develop a digitized Singapore dollar (SGD). The next steps involved exploring blockchain and distributed ledger technology
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The price of Bitcoin (BTC) has been showing weakness throughout the week. However, the key support level is holding up, and this triggered the continuation of many altcoins such as Tezos (XTZ) and Algorand (ALGO), which are soaring on July 11, gaining over 9% and 17%, respectively. The massive surges in
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As the world’s nations and financial institutions plan their recovery from the unprecedented economic upheaval in the wake of the COVID-19 crisis, more and more people are turning to digital assets.Cryptocurrency’s extraordinary resilience during the coronavirus crisis has lent renewed vigor to central banks’ plans to integrate digital currencies. Meanwhile,
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Ethereum, the second-ranked cryptocurrency by market cap’s most important use cases, continues to spike. As these metrics breakout and surge, the smart-contract focused altcoin may be ready to explode.Ethereum Finds New Use Case After ICO FalloutThe initial coin offering boom of 2017 helped bring Ethereum to an all-time high of
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The Italian Banking Association (ABI) has revealed it would be willing to support the implementation of a digital currency from the European Central Bank.According to a June 28 update on the ABI website, the association had approved guidelines governing its position on digital currency and central bank digital currencies (CBDCs). The
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