The crypto market has pulled back but traders might view the current dip as a buying opportunity as long as critical support levels are not violated. A Bloomberg report, analyzing data from 13 top exchanges, shows that within a very short span of time, Bitcoin (BTC) futures trading volume has grown to about 50% of…
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Many cryptocurrencies are in a pullback which may be viewed as a buying opportunity. What are the critical levels to watch out for? The sentiment in the crypto markets had turned bullish on the news that Chinese President Xi Jinping has called for businesses and government bodies to support the development and adoption of blockchain…
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After last week’s volatility, traders could be anticipating that the crypto market will consolidate the gains before starting next move up. The seesaw price action over the past week has lightened up the crypto space once again. While the aggressive bulls view the sharp upside move as a bottoming signal, the bears consider the rise…
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China’s state-backed tech workgroup has released its fourteenth crypto rankings report, with Bitcoin ranked 11th and EOS retaining the top spot. China’s state-backed tech workgroup has released its fourteenth crypto rankings report, with Bitcoin (BTC) ranked 11th and EOS (EOS) retaining the top spot as of the end of September 2019. The listings rank 35…
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The master of hype and CEO of Tron, Justin Sun, announced that Tron will be partnering with a $100 billion megacorporation no later than next week. Justin Sun has teased an upcoming announcement that involves Tron (TRX) partnering with an unnamed “mega corporation.” “Make a guess?” Sun, the master of hype and CEO of Tron,…
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The total supply of TRC20-based USDT surged from 350 million to 450 million in just one day. The amount of Tether (USDT) tokens issued on the Tron (TRX) blockchain now accounts for nearly 12% of all USDT tokens. 350 million to 450 million in one day Launched in mid-April 2019, TRC20-based USDT has hit a…
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Several major cryptocurrencies are showing signs of a possible trend reversal. If the bounce sustains, many could become optimal buying opportunities. The global economy is on weak footing. This has led to rate cuts by several central banks across the world and many are planning to implement additional measures to support their respective economies. This…
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“I’m not buying anything,” says Tron founder and CEO Justin Sun amid recent reports suggesting that he acquired crypto exchange Poloniex. Tron (TRX) founder and CEO Justin Sun has possibly refuted recent reports suggesting that he is leading an investment group behind the acquisition of cryptocurrency exchange Poloniex. In a tweet published on Oct. 19,…
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Many major cryptocurrencies were rejected at their overhead resistances which shows weakness within the market. Is a bear market developing? The crypto market has been struggling since topping out in June but this does not mean institutional interest in crypto has diminished. The Chicago Mercantile Exchange (CME) Group tweeted that customer interest in CME Bitcoin…
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Digital asset financial services firm BitGo announces that it will provide institutional-grade custody and wallets for Tron starting on Nov. 8. Digital asset financial services firm BitGo has announced that it will provide institutional-grade custody and wallets for Tron (TRX) starting on Nov. 8. According to the official announcement published on Oct. 14, BitGo has…
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