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EOS Price Pulls Back from 3-Month High; Trades Below $3
27.11.2020
EOS may appear dead as per the crypto’s current price movement irrespective of the intermittent rises in the previous quarter and recently when it spurred as high as $3.8, while currently trading with a sheer correction of over 25% in just two days. The current bearish candlewick led to...
Bitcoin SV Price Corrects Below 3-Month High; Trades Below $165
27.11.2020
Bitcoin SV price Movement Overview Bitcoin SV pulled back from the 30-month high marked above $200 at $216 on the daily chart and is ranked amongst the market’s top 15 cryptos. Although the hard fork of BCH is seen trading as the most lucrative cryptos of the market, we cannot ignore the fact...
Chainlink Price Crosses Above $12.5 and Reclaims Lost Support
27.11.2020
Chainlink, one of the lucrative projects amongst the top 10 coins of the global crypto market, is seen pulling back just like any other altcoin of the market, including the largest cryptocurrency by market capitalization—Bitcoin. The entire crypto market is seen losing the winning streak, including...
Facebook’s Libra to reportedly launch in January 2021 as USD stablecoin
27.11.2020
Libra will initially be pegged to just one fiat currency
Facebook-Led Libra Plans Dollar-Pegged Stablecoin Launch in January 2021: Report
27.11.2020
Libra might eventually get off the ground as early as January albeit in a more limited format
$100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit
27.11.2020
Lenders on decentralized finance (defi) protocol Compound on Thursday got liquidated for a massive $103 million, according to analytics provider Loanscan. This happened after what appears to be an oracle exploit on the Dai stablecoin. An apparent error or malicious attack to the Dai-dollar-peg data...
TRON Price Falls Below $0.030 After Spurring to $0.039
26.11.2020
TRON Price Overview TRON, one of the top 20 cryptos of the market, is seen trading with a positive sentiment just like any other altcoin of the market. The major example being XRP that has reclaimed its position amongst the top 3 major cryptos of the market against Tether. At the same time, the...
Major Australian Investment Firm Moves From Negative-Yielding Assets Like Gold to Bitcoin
25.11.2020
A billion-dollar Australian investment management firm has gotten into bitcoin, citing that the cryptocurrency is superior to gold. Many of the firm’s clients have been asking about investing in bitcoin. “We have been positioning in gold for our clients for many many years now....
US intelligence is looking at Chinese CBDC as a national security threat
25.11.2020
The Director of National Intelligence wants to have the SEC's leader briefed on the dangers of the U.S. falling behind in crypto
Verge Price Breaches 17-Month High; Trades Above $0.0100
25.11.2020
Verge (XVG), one of the top 100 cryptos of the global market, is seen trading with a steep hike in the price and currently trades above $0.0100, breaching the 17-month high after having breached in the previous year. Verge, just like any other altcoin of the market, is seen trading with a steep...
Economic justice doesn't need the blockchain, say advisors to ‘The Squad’
25.11.2020
Making digital cash work efficiently for public stimulus payments doesn't require a detour through blockchain technology, in the view of U.S. progressives
Bitcoin Price Trades $1,000 Below the All-Time High at $18.9k
24.11.2020
Bitcoin price continues to trade above $18k for the 4th day in the row since November 20, 2020. However, the largest cryptocurrency by market capitalization crossed above $18k for the first time this year on November 18, 2020. Over the past four days, BTC is drawing a bullish crossover. With...
Ethereum Price Breaches a 30-Month Resistance; $1000 Any Soon?
24.11.2020
Ethereum Price: An Overview Ethereum breaks 2-and-a-half-year long resistance as it crosses above $500 & $600 with a steep bullish candlewick on the 3-day chart against the greenback. Moreover, it was until two days back when a clear uptrend was seen, but the ETH price was still below $600....
Hyperinflation and Rent Controls – 2020’s Telltale Signs of Economic Distress Haunts Many Nations
24.11.2020
If history serves us well, 2020 is likely a precursor to a long and dreadful economic depression throughout a myriad of countries worldwide. During the last year, economists and analysts have been discussing how specifically the United States economy and the U.S. dollar are losing global dominance...
US dollar squeeze and $19K BTC: 5 Things to watch in Bitcoin this week
23.11.2020
USD weakness combines with a Bitcoin supply and demand conundrum as BTC/USD takes aim at $19,000
USDT Towers Over 30 Stablecoins- Tether’s Market Cap Grew by 2 Million Percent in Just Four Years
22.11.2020
During the last two years since the initial bear market after the 2017 bull run, stablecoins have been extremely popular. Today, statistics show that the market capitalization of all the notable stablecoins today is hovering above the $23.9 billion mark. Out of more than 30 stablecoins in 2020...
Bitcoin Price Crosses $18k, Approaching Its All-Time High of $20K
20.11.2020
Apex cryptocurrency Bitcoin crossed the $18,000 price point on Thursday and is inching closer to its all-time high price point of $20,000 that it touched way back in December 2017. The steep rise in BTC prices has invited mixed reviews, though almost everyone is bullish for the long run. Tyler...
Dogecoin Price Follows Bitcoin Sentiment but Trades Below $0.0030
20.11.2020
After having traded amongst the top 30 cryptos of the market, Dogecoin has currently shifted to 45th position in the global crypto market. Although, Dogecoin trades below YTD high at $0.00296 after a clear rejection in the higher price range but a consolidation below $0.0030 on the daily chart....
Morgan Creek CEO Says Bitcoin Doing ‘Extremely Well’ Due to Fed Reserve’s Dollar Devaluation
20.11.2020
CEO Mark Yusko said "zombie companies" left the Fed no choice but to devalue the dollar, prompting investors to turn to bitcoin and gold
Deutsche Bank: Investors Increasingly Choose Bitcoin Over Gold to Hedge Dollar Risk, Inflation
20.11.2020
Deutsche Bank’s strategist Jim Reid reportedly wrote that investors are increasingly demanding to use bitcoin instead of gold to hedge dollar risk and inflation. His research concurs with one recently published by JPMorgan’s analysts that shows institutional investors moving from gold...