Cryptocurrency markets are turning red, while Bitcoin takes a sudden dip below $8,200 after trading sideways for the better part of the day. Tuesday, Oct. 15 — Bitcoin (BTC) has continued to trade sideways for most of the day, taking a sudden dip in recent hours. Market visualization. Source: Coin360 The world’s most popular cryptocurrency has…
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Bitcoin has touched the $8,400 price mark, while most altcoins report positive gains; 0x is seeing daily gains of more than 16%. Monday, Oct. 14 — Bitcoin (BTC) started the week with little to no movement in price, touching the $8,400 price mark, while most of the top-20 coins are reporting slight gains. Market visualization.…
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Most major cryptocurrencies are in a consolidation, which will soon result in a large directional move. How should traders be placed in order to benefit from it? A draft report by the G7 group of nations outlined the risks associated with “global stablecoins.” The report said: “No stablecoin project should begin operation until the legal,…
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As Bitcoin price is stuck in a range with tightening Bollinger Bands suggesting a big move is coming, XRP and Ether look to capitalize on their recent bullish momentum. Bitcoin price (BTC) bulls looked as if they were taking charge last week as BTC/USD rose by over $1,000, albeit momentarily. Bitcoin rallied throughout the week…
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Bitcoin continues to bounce around the $8,400 price mark, while most altcoins report positive gains; Binance Coin is seeing daily gains of more than 7%. Sunday, Oct. 13 — Bitcoin (BTC) continues to bounce around the $8,400 price mark, while most of the top-20 coins by market capitalization report slight gains. Market visualization. Source: Coin360 Cryptocurrency…
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Joseph Lubin said that BTC and ETH are the only two successful coins in Cointelegraph’s weekly digest of news from Japan. Japan, the second-largest source of traffic for global crypto exchanges to date, witnessed a number of industry announcements this week as the country hosted the major blockchain event Devcon 5 from Oct. 8 to…
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Privacy-focused coin Zcash is showing interest in accessing Ethereum’s decentralized finance ecosystem. The privacy-focused cryptocurrency Zcash (ZEC) is seeking access to Ethereum’s decentralized finance (DeFi) ecosystem. Zcash’s shielded addresses on the Ethereum network On Oct. 13, Coindesk reported that the topic of interoperability was the theme of the now concluded Devcon 5 developer conference in…
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Bitcoin ETFs are hardly needed for the ecosystem’s development, says founder and CEO of crypto investment firm BKCM Brian Kelly. Founder and CEO of crypto investment firm BKCM Brian Kelly has said that Bitcoin (BTC) exchange-traded funds (ETF) are hardly needed for the ecosystem’s development, given that the coin is already available on regulated platforms…
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Boston Security Token Exchange, a platform jointly owned by BOX Digital Markets and tZERO, seeks the U.S. SEC’s approval to launch a market for security tokens. Boston Security Token Exchange (BSTX), a platform jointly owned by BOX Digital Markets and Overstock’s blockchain arm tZERO, has filed an application with the United States Securities and Exchange…
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Ethereum-based stablecoins are declining as teams increasingly use other blockchains to facilitate price-stable currencies. Just a few years ago, it was hard to imagine that a stablecoin would come to represent a significant portion of the cryptocurrency industry. Market players tended to base their money-making strategies on a cryptocurrency’s volatility rather than its stability. There…
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