Tag: bitcoin trader

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Why Is Bitcoin Price Going Up? 4 Indicators Suggest a Potential Bottom

As Bitcoin price successfully held $7,700-$7,800 support again and now back up over $8,200, several indicators suggest a bullish reversal. Bitcoin price (BTC) has continued to fend off support in the $7,800 region for what will be the fifth week running at the end of today.  With the BTC price currently back up over $8,200,…
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Samsung SDS Partners With Tech Mahindra for a New DLT Product

Samsung SDS announced a joint initiative to launch a new blockchain traceability solution based on Nexledger. Samsung SDS, the IT subsidiary of global tech giant Samsung, has announced a joint initiative to launch a new blockchain-based traceability product. To develop the new project, Samsung SDS partnered with American software firm Pega and Tech Mahindra, a…
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Crypto News From Brazil: Oct. 14–20 in Review

Cointelegraph Brasil presents a weekly digest of selected cryptocurrency- and blockchain-related news. Brazil has seen another tumultuous week in the cryptocurrency industry as the president of investment scheme Unick Forex said it will only pay customers who have kept their receipts, the 18th million Bitcoin (BTC) was mined, and the alleged pyramid scheme Atlas Quantum…
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Libra Loses Key Members, Potentially Forked — Still Looks Confident

Libra proceeds with formalizing its governance structure amid major members dropping out, regulatory upheaval and fork attempts. Earlier this week, initial members of the Libra Association formalized a governance structure after holding their inaugural meeting in Geneva. The transition happened just days after seven high-profile participants, including Visa, eBay and Mastercard, chose to leave the…
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Vertical and Horizontal Blockchain Scaling, Explained

Let’s take a closer look at the core concepts underlying vertical and horizontal scaling. What are some of the key points to remember about scalability? It is all about centralization vs. decentralization. For blockchain platforms, the scalability of a given chain often boils down to the level of decentralization possessed by the network. Highly decentralized…
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Libra Surprise, Telegram Drama, Cointelegraph Blocked: Hodler’s Digest, Oct 14–20

Cointelegraph has been blocked in Russia, and Telegram’s legal showdown with the SEC has been delayed until February. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on…
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Ethereum Name Service Adds Multicoin Support

Distributed naming system Ethereum Name Service announces the launch of multicoin support as 15 crypto wallets already plan to utilize the new feature. Distributed naming system Ethereum Name Service (ENS) has announced the launch of multicoin support as 15 cryptocurrency wallets already plan to utilize the new feature. According to an official Medium post published…
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Ways And Benefits Of Running Your Own Bitcoin Node

Running a Bitcoin node is imperative if you want to trust that your Bitcoin transactions are being correctly verified and processed. Unfortunately, the perception is that setting up a full node is difficult. In this article, you will learn how to set up your own Bitcoin node and discover the benefits of running one. Benefits…
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Bear Cross on Key Indicator Could Push Bitcoin Price to $7,300

Bitcoin remains pinned below $8K as the 128 and 111-day moving average are on the verge of a bearish cross which could drop the price below $7,700. At the moment, not too much is happening with Bitcoin’s (BTC) price action. The price continues to drop and a series of lower highs occur even as bullish…
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Bitcoin Investing in the 2020s

Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings. ______________ As we cross the threshold into the next decade, what truly is in store for crypto investors? Will Bitcoin be many times more…
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