Tag: bitcoin

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Bitcoin Price Drops Under $7K, But Longs Soar After $6.8K Bounce

Bitcoin price again drops below $7K bouncing off $6,800 support while the number of longs on Bitfinex has interestingly increased to the hope of the bulls. Bitcoin (BTC) price dropped below the $7,040 support, which kicked off a swift 3% decline to $6,800 on Dec. 16.  The sharp pullback is likely no surprise to traders…
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Crypto Market Sentiment Rising Slowly

The cryptocurrency market sentiment is slowly inching upwards. After last week’s small rise to 4.55, the combined moving average 7-day market sentiment measure for the top 10 coins by market capitalization is now up to 4.68/10, according to Omenics, a cryptocurrency market sentiment analysis service. All are in green this week, except for Tether (USDT),…
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Crypto Listing and Delisting Announcements: Week 50

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Binance Listings: VITE (VITE) Binance.US Listings:  Read more »Pay/Trade/Buy Bitcoin with Credit Card

Has Ashton Kutcher Left XRP? Actually He’s a Bitcoin Fan Since 2013

Ashton Kutcher. Source: a video screenshot, Youtube, The Tonight Show Starring Jimmy Fallon The fight for celebrity endorsements continues to rage online. And while many ask if actor Ashton Kutcher has turned his back on XRP in favor of Bitcoin, a dive back into crypto’s early days reveals that the American star started lending his…
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New Zealand’s ASB Bank Owns 21% in TradeWindow Following $1.7M Round

New Zealand’s ASB Bank, owned by Commonwealth Bank of Australia, has participated in a new $1.7 million funding round by blockchain startup TradeWindow. New Zealand’s ASB Bank, owned by Commonwealth Bank of Australia, has participated in a new $1.7 million funding round by blockchain startup TradeWindow. The startup provides a software-as-a-service supply chain solution to…
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R3’s Marco Polo Runs Largest Trade Finance Trial With Over 70 Members

The Marco Polo Network, a trade finance network co-developed by major blockchain firm R3, has completed its largest finance trial to date. The Marco Polo Network, a trade finance network co-developed by major enterprise blockchain firm R3, has completed its largest finance trial. Built on R3’s open-source blockchain platform Corda, Marco Polo has hosted the…
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Ethereum Foundation USD 100 Million Deal Raises Transparency Questions

Source: iStock/Ivan-balvan The waters of transparency issues have been stirred with Ethereum co-founder Vitalik Buterin saying that the Ethereum Foundation (EF) sold ETH 70,000 at the top. It was worth c. USD 100 million at the time, and less than USD 10 million today. “I did get the Ethereum Foundation to sell 70,000 ETH like…
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Bitcoin and Altcoins Could Gather Bearish Momentum

This past week, bitcoin price remained in a downtrend and settled below the key USD 7,250 and USD 7,200 support levels. The same levels are now acting as hurdles for the bulls and BTC/USD is struggling to stay above the USD 7,000 support area. Similarly, many major altcoins are declining and facing an increase in…
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Major Banks Unknowingly Process Billions in Crypto Business, Says CipherTrace

CipherTrace claims that major U.S. banks may be processing up to $2 billion in undetected crypto-related transfers each year. Blockchain intelligence firm CipherTrace has claimed that large banks may be processing up to $2 billion in undetected cryptocurrency-related transfers each year. In a press release shared with Cointelegraph on Dec. 16, CipherTrace claims that its…
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Chinese Court Freezes $676K in Assets of Bitmain Manufacturing Subsidiary

The Shenzhen Bao’An District Court, China, has ruled to freeze roughly $676,000 in assets of a subsidiary of Bitcoin mining giant Bitmain. The Shenzhen Bao’An District Court in China has ruled to freeze roughly $676,000 in assets of a subsidiary of Bitcoin (BTC) mining giant Bitmain. According to a court filing released on Dec. 13,…
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