Exodus Of 30,000 BTC To Cold Wallets Spells Good News For Bitcoin Price
A massive 30,000 BTC was transferred into unknown wallets over the past week, leading many investors to wonder about the current outlook
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Spells
Circle CEO spells doom scenario for US dollar in warning to Congress
The United States dollar’s place as a global reserve currency will be under threat if Congress isn’t quick to regulate stablecoins, warns the CEO of Circle.On July 13, Jeremy Allaire appeared in a two-minute video by Circle, the issuer of USD Coin (USDC), targeted at lawmakers.It comes as bipartisan digital
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Goldman’s Bullish Stance on ‘Real Bond Yield’ Spells Bad News for Crypto
The U.S. inflation-indexed bond yield has surged by 100 basis points (bps) since early August, causing renewed jitters in risky assets, including cryptocurrencies. And to the dismay of bitcoin (BTC) bulls, the so-called real yield is likely to rise even further in the coming months. Source
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Wall Street Says a Fed Digital Dollar Spells Destruction for Banks
The Fed board has been weighing the logic of introducing a digital dollar, though officials have been careful to remain neutral and suggest that any plan should have the backing of Congress and the administration. That’s the line, too, that Michael Barr – President Joe Biden’s pick to be the
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What This Pattern Spells For Ethereum In The Coming Weeks, Pullback In The Cards?
Ethereum had seen some uptrend that had sent the price up at the start of the week, finally breaking above $3,000 once more. However, the digital asset has had a hard time maintaining this position in what it showing to be a ‘takeout.’ Raoul Pal, CEO, and co-founder of Real
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Spells of Genesis card game resurges in popularity as sales skyrocket
Cryptox interviewed Shaban Shaame, CEO of EverdreamSoft, whose company produced what is considered to be the first blockchain-based mobile game called Spells of Genesis, or SoG, in 2015. This trading card game launched at a time when few investors and gamers saw the value in blockchain gaming or even Bitcoin, and it
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BTC price dips below $40K as Wall Street open spells pain for Bitcoin bulls
Bitcoin (BTC) fell through $40,000 as Wall Street opened on Feb. 18 with analysts watching lower levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin falls to two-week lowsData from Cointelegraph Markets Pro and TradingView showed BTC/USD teasing a $40,000 breakdown throughout Feb. 18, with several attempts seeing bounces higher before the level
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Cardano (ADA) Death Cross Spells Worries Despite Bullish “Mary” Fork
Cardano (ADA/USD) bounces off a critical support trendline during the Asia-Pacific trading session Friday. The blockchain asset expects to close above key moving average waves on the prospect of turning into a multi-asset chain following its hard fork on March 1. Nonetheless, a death cross formation offsets the probability of more price
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Edan Yago: The Rise of Layer 2s Spells End for Altcoins
Phase 1 of the Bitcoin journey is complete. Over the past 10 years we have seen the Bitcoin network rebuff questions as to whether it would survive as a concept. Today, we see the bitcoin cryptocurrency gaining monetary premium as prominent institutional investors identify it as the ultimate inflation hedge.
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This On-Chain Metric Spells Trouble for XRP Following SPARK Airdrop
XRP has seen some mixed price action as of late, with the cryptocurrency’s price not breaking firmly below
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