After forming a support base above the USD 8,850 level, bitcoin price climbed above the USD 9,000 pivot level. BTC/USD even surpassed the USD 9,100 level and it might continue to rise steadily towards USD 9,280 and USD 9,450 in the near term. Similarly, most major altcoins are gaining bullish momentum, including ethereum, XRP, litecoin,…
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Source: iStock/Bychykhin_Olexandr Following warnings in January that “unforeseen incidents” may occur and potentially affect bitcoin (BTC) price, the Chief Commercial Officer (CCO) of major crypto payment processor BitPay, Sonny Singh, now says that the Coronavirus could be such an incident. However, according to him, it’s too early to tell whether it’s time to revise his…
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Brian Armstrong. Source: a video screenshot, Youtube, a16z There are elements that just might make crypto bigger this year, says Brian Armstrong, CEO of major crypto exchange Coinbase, but he’s not sure which blockchain will win the crypto adoption race in the more distant future. Bitcoiners are perplexed that the question was even asked, as…
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An associative picture. The Greenidge Generation plant in New York’s Finger Lakes region can mine about 5.5 bitcoins per day (USD 50,000) after its operator installed some 7,000 mining machines in recent months, Bloomberg reported. The machines work off so-called "behind-the-meter" power, which makes it "extremely low cost," the report said, without Read more »Pay,…
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In the past three sessions, there was an increase in the positive sentiment for bitcoin above USD 8,650 and USD 8,700. BTC/USD broke the USD 8,850 resistance area and it is currently (09:00 UTC) making an attempt to climb higher above the USD 9,000 resistance. Similarly, most major altcoins are trading near key breakout levels,…
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Taiwanese tech giant HTC has announced the release of a new crypto 5G hotspot, the Exodus 5G Hub – describing the device as “the world’s most private router.” The device will allow its users to run a fully operational bitcoin (BTC) node through the Zion network. The Exodus 5G Hub is scheduled to roll out…
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The most popular cryptocurrency, bitcoin (BTC) has returned above the USD 9,000 mark on Thursday, while tezos (XTZ), the 10th most valuable cryptoasset by market capitalization, is again seeing double-digit gains today following an improvement in overall sentiment in the broader crypto market. At pixel time (12:10 PM UTC), BTC trades at c. USD 9,134…
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Both bitcoin (BTC) and ethereum (ETH), the first and second most valuable cryptoassets by market capitalization, may be about to see a surge in interest from investors, new data suggests. According to research from Santiment, a behavior analytics platform for cryptocurrencies, the 100 largest ethereum holders in the world are once again accumulating more ETH…
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Today, the Supreme Court of India lifted the ban on cryptocurrencies trade imposed by the Reserve Bank of India. This is a positive signal and it could boost the market sentiment for bitcoin. However, in the past few hours bitcoin is still trading sideways. Also, at the moment (08:30 UTC), most major altcoins are consolidating…
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Argentina has phased out its popular five peso note – but a cryptocurrency company has issued something of a digital replacement – in the form of a commemorative coin with a value redeemable in bitcoin (BTC). Per TyN Magazine, the five peso bill featured a portrait of the 19th-century historical figure José de San Martín,…
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