A few of the top performers of the past seven days are showing strength. This suggests that select cryptocurrencies can offer buying opportunities. This is the second year in a row that November has turned out to be the worst month for Bitcoin (BTC) of the year. In 2018, Bitcoin’s price had plunged 36.18%. While…
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Developed by the Cardano Foundation and Coti, the solution allows merchants to accept ADA payments with settlement in 35 fiat currencies. The Cardano Foundation, the firm behind the 12th biggest cryptocurrency Cardano (ADA), has launched AdaPay, an ADA payment gateway for merchants. Developed by the Cardano Foundation and enterprise-grade fintech platform Coti, the solution allows…
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Ethereum co-founder turned Cardano creator Charles Hoskinson said that he expects Bitcoin to be back over $10,000 and reach $100,000 in the future. Ethereum (ETH) co-founder turned Cardano (ADA) creator Charles Hoskinson said that he expects Bitcoin (BTC) to be back over $10,000 and reach $100,000 in the future. In a tweet published on Nov.…
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Bitcoin’s bearish price action has led many traders to set their sights on altcoins and this week a handful of tokens added notable gains. The United States Federal Reserve believes that stablecoins “could complement existing payment systems and improve consumer welfare” but the operators behind the digital assets will require constant oversight and regulation. The…
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Bitcoin’s recent 42% rally may have prepared altcoins for a new upcycle. Last week Bitcoin’s (BTC) price action surprised the majority of the market and traders are now looking closely at altcoins to spot similarities that might signal a new altcoin market cycle. Daily crypto market data. Source: Coin360 As Bitcoin surged, China-based altcoins began…
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Will the first signs of recovery in altcoins sustain or turn out to be a dead cat bounce? Let’s study the charts. Fundstrat Global Advisors co-founder Tom Lee believes that Bitcoin does well when the S&P 500 market index moves up. Though Bitcoin might act as a macro hedge against global turmoil in some instances,…
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Berlin-based blockchain firm delivers mine-to-market technology solutions to help fight against blood diamonds in the Democratic Republic of Congo. Berlin-based blockchain company, RCS Global delivers mine-to-market technology solutions to help fight against conflict minerals in the Democratic Republic of Congo. Not part of a blood-stained supply chain On Oct.1 Reuters reported that government officials in…
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Bitcoin is at a strong support level. If it fails to bounce quickly, it is likely to turn negative. Let’s analyze the charts. This week, major cryptocurrency exchange Binance stated that it plans to take a conservative approach and that Venus project will comply with all the regulatory requirements. This will keep it away from…
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