After a close below the USD 8,400 support level, bitcoin price extended its decline. BTC/USD broke the key USD 8,250 support to move into a negative zone. The price even traded below the USD 8,100 level and it is currently (08:00 UTC) consolidating losses. Also, there was a fresh decrease in many major altcoins, including…
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Source: a screenshot, Rightmove So you’ve amassed a small fortune in Bitcoin? If you’re now wondering what to do with all your tokens, a property owner in the United Kingdom would like a word. Per a post on real estate portal Rightmove, the vendor in question is selling a decommissioned church in the sleepy hamlet…
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While the crypto market was disappointed by the slow start of Bakkt, recently released data suggests that large investors are becoming more interested in the most popular cryptocurrency and are fueling “a new renaissance of Bitcoin.” (Updated at 13:40 UTC: updates in bold). Grayscale, a major U.S.-based digital asset management firm, said today that 84%…
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As the OTC (over-the-counter) crypto trading in China has been on the rise, analysts advise people to look more into bitcoin price formation on Asian exchanges. Meanwhile, tether (USDT) , the most popular stablecoin, reportedly dominates bitcoin spot trading in this major market. There has been a lot of confusion over the years about the…
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In the past few hours (08:00 UTC), there were mostly range moves in bitcoin price above the USD 8,200 support area. On the upside, BTC/USD seems to be facing a strong resistance near USD 8,350 and USD 8,400. Therefore, the next move could be either a sharp increase above USD 8,400 or a downside extension…
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Crypto market sentiment measure, Sentscore, for the top 10 coins by market capitalization, is continuing its rise, away from the verge of the negative zone, for the second week in a row. Compared to the last week’s Sentscore of 4.41, this Monday finds it at 4.89, according to Omenics, a crypto market sentiment analysis service.…
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This past week, bitcoin price climbed higher above the USD 8,500 resistance. BTC/USD tested the USD 8,800 resistance area and later trimmed most of its gains. The price is now (08:00 UTC) trading well below the USD 8,500 level and seems to be consolidating above the USD 8,200 support area. Similarly, there was a strong…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news 5,200 French tobacco stores will begin selling Bitcoin again after a false start. The project is the brainchild of Keplerk, who initially announced its Bitcoin sales plan in November…
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Recently, there were swing moves in bitcoin price. BTC/USD surged above the USD 8,600 and USD 8,700 levels. However, BTC/USD struggled to surpass USD 8,800 and recently started a decline. The price is down more than USD 400 and it broke the USD 8,500 support area. Similarly, there was a decent upward move followed by…
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Jay Clayton. Source: Twitter, SEC Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulations news It’s “reasonable to assume” that the American regulatory Securities and Exchanges Commission (SEC) won’t approve Bitcoin ETF while Jay Clayton is the chairman of…
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