Cryptocurrency Analysis and News Portal
On-chain analyst Willy Woo asserted that Bitcoin (BTC) would break above the $42,000-resistance level in its coming attempts. The researcher based his bullish analogy on the so-called Rick Astley indicator, a heat-map that tracks investors—the Rick Astleys of this world—that buy Bitcoin to hold the asset for longer timeframes.The indicator
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Litecoin has been among the worst performers in the crypto market in 2020 and 2021 thus far, despite the coin’s longevity in the top ten assets by market cap. The coin’s fortunes could soon turn completely around, due to what looks to be a monster-sized move brewing against Bitcoin on the
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Verge has been hit by a massive 560,000-block reorganization. Source
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A move by US banks to adopt Bitcoin could be a huge call to legitimize the entire crypto industry and is likely to influence other global banks. As the cryptocurrency market capitalization almost tops $1.5 trillion, US banks are feeling the pressure from within Wall Street to accept Bitcoin and other
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The top ranked altcoin, Ethereum, has broken its all-time high and like Bitcoin’s big breakout, it has attracted more and more participants to the cryptocurrency market. Valuations are rising everywhere, and the total altcoin market cap is on the verge of a life-changing breakout, if history repeats. And given the
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The NYDFS has always been a fan of innovation favoring the impact Paxos has made in the financial market within the country.A stablecoin issuer and crypto services provider Paxos is on the verge of becoming a fully operational regulated bank in the US after applying to the Office of the
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The crypto market is in a phase where altcoins from the previous rally, 2017’s bull market, are absolutely
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Earlier today the price of Bitcoin (BTC) hit $18,815 on Binance for the first time in nearly three years. Following the breakout, BTC is on track to see a new all-time high in the near term for four significant reasons.The factors that make a new record high likely are growing
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XRP’s price action throughout the past few months, and even years, has been nothing more than lackluster, with
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Bitcoin has seen a rapid rally over recent weeks from the $10,000 range to $16,000 as of this
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