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Bitcoin Sheds Millions in Minutes; Quick Rebound Gives No Relief


Bitcoin has left no loose threads in the loop as it trades around $5,000, retaining strong support at $4,000. However, there happens to be a perplexing situation as we see two trading extremities within a fraction of minutes viz., BTC price nosediving to a rock bottom at $3,800 in 13 minutes, while...

New Institutionals Poured Hundreds of Millions in Crypto Last Year


New institutional investors flocking into Bitcoin helped major digital asset manager Grayscale Investments to raise over USD 600 million in 2019, or more than in 2013-2018 combined. Cumulative investment across the Grayscale family of products surpassed USD 1 billion for the first time,...

Problems Escalate in Venezuela as Millions Rush to Spend Petros


According to the Venezuelan government, millions of families have used the petro, the country’s national digital currency, to pay for goods and services. As shoppers rush to spend their coins, merchants are reportedly struggling, effectively forced to sell goods at a deep discount. At least...

Crypto Fundraising Is Changing Again in 2020


Funding is a prerequisite for any new crypto project, but with IEOs likely to play a reduced role in 2020, where will the all-important capital come from? While minted entities like Ripple, Tezos, and Tron certainly have the means to plow tens of millions into their chosen ventures, they...

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