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‘No Bailouts Required’ — Bitcoin Difficulty to Rise as Hash Rate Recovers

Bitcoin (BTC) did not need a multi-trillion dollar rescue package to continue functioning after crashing 60% in hours.That was the conclusion from analyzing the latest blockchain data, which showed that Bitcoin’s hash rate rebounded in recent weeks.BTC 16% difficulty drop steadies networkFigures from monitoring resource Blockchain confirm that since

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Ethereum Price Recovers but A Strong Bearish Indicator Could Play Spoiler

Ethereum was trading in a positive area this Wednesday after rising about 5 percent on a 24-hour adjusted timeframe.The second-largest cryptocurrency settled a new intraday high at circa $286, becoming one of the top-performing assets in the wake of a market-wide upside recovery. At its lowest, Ethereum was trading at

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Bitcoin Price Recovers Above $7,000 But Markets Shiver in ‘Extreme Fear’

The Crypto Fear and Greed Index hit its lowest value in months. The recent decline in prices took the market into “extreme fear.” The market tends to flourish in difficult circumstances. The Crypto Fear and Greed Index (CFGI) recently plummeted to its lowest value in months, signaling “extreme” levels of “fear” in the

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Bitcoin (BTC) Price Recovers Above $8.2K But Approach Remains Cautious

Bitcoin price is currently correcting higher and it broke the key $8,200 resistance against the US Dollar.The price is now consolidating gains below the $8,300 and $8,350 resistance levels.There is a short term breakout or bullish continuation pattern forming with resistance near $8,250 on the hourly chart of the BTC/USD

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