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Bitcoin Downtrend Persists; Support at $30K


Bitcoin (BTC) remains in sell-off mode, evidenced by a loss of upside momentum. The cryptocurrency is 45% off its all-time high near $69K, and could find lower support around $30K

Technical Analysis: XRP Falls 10%, as ANC Climbs Higher


XRP fell by over 10% on Tuesday, as bearish pressure once again intensified in crypto markets. As of writing, the global cryptocurrency market capitalization was almost 5% lower, following marginal gains this morning. Biggest gainers The bleeding in crypto markets continued this afternoon, as such...

Solidus AI Tech Raises $5.4 Million in Funding and Unveils New Partners


PRESS RELEASE. High-performance computing (HPC) company Solidus AI Tech has raised $5.4 million and are now entering their 3rd round of funding. Solidus AI Tech is working to solve the problem of the lack of European HPC facilities in the global top 10. Only producing 5% of computing power despite...

Venezuela Might Have Cryptocurrency ATMs Again Soon


While Venezuela has been a leading country for cryptocurrency adoption in Latam, its citizens don’t have access to cryptocurrency ATMs. However, this might change in the future, as Bitbase, a crypto ATM company, is currently in talks with Venezuelan authorities and banks to install some...

Bitcoin and Ethereum Consolidate Losses, Altcoins Struggle


Bitcoin price gained bearish momentum below the USD 38,000 level. BTC even tested the USD 36,500 level. It is currently (11:30 UTC) consolidating losses and might recover to USD 38,500. Similarly, most major altcoins are consolidating losses. ETH tested the key USD 2,500 support, where the bulls...

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