Source: iStock/_iceman Ethereum classic (ETC) has been in a parabolic run, starting in late December and accelerating over the course of this week. As of pixel time (10:00 AM UTC), the ETC rally has brought the price up by 80% in the last four days, and over 180% since the bottom on December 18. Following…
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The U.S. state of New Hampshire fails to pass its second bill to accept crypto for tax payments due to the high volatility of Bitcoin. Lawmakers in the New Hampshire state legislature have killed a bill that would have allowed state agencies to accept cryptocurrencies as payment for taxes. On Jan. 8, the New Hampshire…
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It seems that Mordor Intelligence, a market research company, downgraded its hardware wallet market growth forecast, while the market is still expected to grow more than 4 times its current size and reach USD 708 million by 2025. Now, the company says that in 2019, the hardware wallet market was valued at USD 164.19 million,…
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A surge higher to finally exit the $8,000 range was short-lived at press time as observers waited to see where support would appear. Bitcoin (BTC) hit $9,000 on Jan. 17 as technical metrics continued to break both local and all-time records. Cryptocurrency market daily overview. Source: Coin360 BTC clips $9,000 as traders lie in wait…
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The Libra Association has formed a five-member steering committee to guid the network’s technical development. The Libra Association — the government body of the eponymous stablecoin introduced by Facebook in late 2019 — has formed a new committee to guide the network’s technical development. According to an announcement on Jan. 16, the Libra Association has…
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Donald Trump, the President of the U.S. Source: a screenshot, Instagram, realdonaldtrump Compared to 2018, California-based blockchain startup focusing on payment technologies, Ripple, had more lobbyist but spent less on lobbying in the first three quarters of 2019, according to OpenSecrets.org – database of the Centre for Responsive Politics, a non-profit research group. The data,…
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Open interest hovers around $237 million with trajectory clearly pointing to a fresh record coming in January, with volume at three-month highs. Bitcoin (BTC) derivatives trading looks set to reach record levels this month as volume spikes and open interest hovers near all-time highs. Data from CME Group shows that as of Jan. 16, open…
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After a short term downside correction, bitcoin price found support near the USD 8,550 area. Later, BTC/USD started a fresh increase above the USD 8,650 and USD 8,850 resistance levels. A new 2020 high is formed near USD 9,000 and the price is currently (09:00 UTC) trading with a bullish angle. Similarly, there were decent…
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Source: Instagram, Binance Binance has revealed that it is “preparing to launch trading services for users in Japan” – and is currently in advanced talks with the operator of Yahoo Japan, which runs a licensed cryptocurrency exchange in the country. In an official post, Binance stated that it has “entered into a strategic partnership discussion”…
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The bullish momentum for Bitcoin price has slowed down, leading to what traders hope will be a brief period of consolidation. Over the last few hours, Bitcoin price (BTC) swiftly dropped 3% from $8,863 to $8,557 and for the third time in 24 hours bulls were forced to defend the $8,600 support level, which has…
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