The recent Bitcoin and altcoin rally is leading traders to wonder whether consolidation or a minor correction is in store but the current market conditions suggest buying on the dips. The crypto space is making a comeback and the rally is being led by altcoins. While several altcoins might participate in the initial rally, we…
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Though several cryptocurrencies are stuck in a range, the trend is gradually turning positive. Bitcoin has seen an uptick in volumes in the new year. A report by cryptocurrency market research firm Arcane Research shows that 7-day average daily trading volume has surged 126% in a week. Along with Bitcoin trading volume, the CME Bitcoin…
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The bounce off the first support levels on most major cryptocurrencies indicates a possible change in trend. Safe haven assets were dumped on Jan. 8, on reports that the US-Iran conflict might not escalate to an all out war. Cryptocurrencies, which had surged alongside gold and oil with also retreated from two-month high. However, the…
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DappReview published its 2019 report, highlighting DeFi growth on Ethereum and EOS’ congestion struggles. DappReview published its 2019 insights on the decentralized app (DApp) space in a Jan. 8 report. Just three blockchains accounted for 98.65 percent of total transaction volume, though EOS began to struggle in Q4 2019. Decentralized app aggregator DappReview summarized the…
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DLive joins BitTorrent ecosystem to bring blockchain-based content sharing to 100 million monthly active users. Peer-to-peer filesharing giant BitTorrent announced on Dec. 30 that DLive, the blockchain-based live streaming platform, will be joining its ecosystem. Through this partnership, DLive will bring peer-to-peer content sharing and live streaming capabilities to BitTorrent’s 100 million monthly active users.…
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TRON CEO Justin Sun explains how cryptocurrency will help reduce carbon footprints after pledging $1 million to Greta Thunberg campaign. On Dec. 18 Cointelegraph reported that Tron (TRX) founder Justin Sun publicly pledged to donate $1 million to Swedish activist Great Thunberg to raise global awareness of the climate crisis. Following the COP25 UN Climate Conference…
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Bitcoin (BTC) and most major cryptocurrencies have entered a consolidation period and a decisive breakout or breakdown from it is now to be expected. As the year comes to an end, the focus will shift to the major events that are expected to influence crypto prices next year. China’s launch of a digital yuan is…
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Bitcoin strong move to $7,600 signals that trend change could be in the making and has also created buying opportunities for select altcoins. Bitcoin is leading the recovery from the front, which is a positive sign. This shows that bulls have used the recent dip to buy. As a result, Bitcoin’s dominance has increased to…
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It could be a good time to buy select cryptocurrencies as bulls have defended the critical support levels which shows demand at lower levels. Although sentiment drives prices in the short-term, fundamentals play a major role in determining long-term price action. However, many times, the price follows fundamentals higher with a lag. The crypto markets…
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Are the world’s biggest crypto companies actually its biggest bullies? DigiByte founder Jared Tate tells Cointelegraph about struggles with Binance and Poloniex for listing. What started as a Twitter thread of frustrated complaints about corruption and centralization in the crypto industry ended with an abrupt announcement: the delisting of DigiByte on Poloniex. Jared Tate, the…
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