PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin
According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The
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Bitcoin Price & Technical Analysis: Sellers Won’t Leave BTC
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe liquidation of PlusToken assets could drop the BTCOnly BTC survives – CNBCOn W1, the Bitcoin dynamics are even inside the current descending channel. The quotations are aiming at the long-term minimum of $3121.90. The resistance is at $8500.00.On the MACD and
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Ethereum (ETH) Recovery Won’t Be Easy, Downtrend Persists
Ethereum is struggling to recover above the $144 and $146 resistance levels against the US Dollar.The price is facing an uphill task and it could continue to move down below $140.There is a key bearish trend line forming with resistance near $143 on the hourly chart of ETH/USD (data feed
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Change Won’t Happen With Chairman Clayton Around: Kristin Smith
A lobbyist surveys current attitudes towards blockchain in Washington D.C. Source
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Bitcoin Weekly Forecast: BTC Won’t Go Quietly, Risk of Bounce Grows
After forming a base above $7,000, bitcoin price climbed above the $7,500 resistance against the US Dollar.The price is currently correcting gains and it is trading below the $7,440 level.There is a major contracting triangle forming with resistance near $7,520 on the 4-hours chart of the BTC/USD pair (data feed
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EU Won’t Let Stablecoins Enter Market Until Risks Are Addressed
No global stablecoin project will begin operation in the European Union (EU) until the associated risks to monetary sovereignty are addressed, according to EU authorities.In a joint statement adopted by the Council of the European Union and the European Commission (EC), the Council and the Commission admitted that stablecoins
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Bitcoin Halving 2020 Won’t Have Strong Influence on Bitcoin Price, Says Jason Williams
Taking a contrarian view, Morgan Creek Digital co-founder and prominent personality in the crypto space Jason Williams has described the upcoming Bitcoin halving event as a non-event. He made this known in a tweet early this week. Unpopular Opinion –Bitcoin halving in May 2020 won’t do anything to the price.
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Ethereum (ETH) Won’t Go Quietly, Risk of Bounce Grows
Ethereum is facing a strong resistance near the $152 and $155 levels against the US Dollar.The price seems to be consolidating above the $142 support area.There is a new key bearish trend line forming with resistance near $150 on the hourly chart of ETH/USD (data feed via Kraken).The price could
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Bitcoin Price & Technical Analysis: BTC Decline Won’t Stop
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.BTC/USD tech analysisThe Bitcoin miners become fewerThe BTC cannot replace the dollar — LaneOn W1, the Bitcoin is developing another impulse of decline inside the renewed channel. It seems that the market participants are playing the last quick growth, balancing the price. It might
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China Won’t Be Banning Bitcoin Mining Activities in the Country
Great news for cryptocurrency miners as they can now leverage China’s abundant supply of cheap and affordable hydroelectric power for Bitcoin mining activities.It’s a great moment of cheer for all cryptocurrency miners carrying out operations based out of China. In the latest development, the China National Development and Reform Commission
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