Bearish traders are aggressively defending the 50-day SMA on most major cryptocurrencies but once crossed, momentum is likely to pick up. Central banks around the world have pumped up their economies with huge stimulus measures. JPMorgan Chase’s chairman and CEO, Jamie Dimon, praised the United States for taking swift action to counter the current economic […]
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Due to the coronavirus pandemic, it’s time for the crypto community to drive innovation with new ideas for virtual conferences. As the global economy struggles to adapt to the rapid changes the coronavirus pandemic has forced upon the world, the virtual conference space is booming. The need to engage, communicate and expand our network has […]
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Continued strength has shaky foundations, warns one Cointelegraph analyst, who predicts “bearish divergences” for Bitcoin price beyond $7,500. Bitcoin (BTC) continued to shoot for $7,500 on April 8 as bullish momentum kept support at $7,000 firmly intact. Cryptocurrency market daily overview. Source: Coin360 $7K holds firm for BTC Data from Coin360 and Cointelegraph Markets showed […]
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With many industries taking a hit due to the ongoing coronavirus crisis, how are providers in the crypto sector faring? Despite hopes that a peak of the coronavirus cases is near, the pandemic continues to impact almost every aspect of daily life, becoming a rolling news ticker in itself. When such a disaster strikes, it […]
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Dutch retail brokerage platform BUX has launched cryptocurrency trading in 25 different European countries. In response to the growing demand for cryptocurrency trading, Dutch retail brokerage platform BUX launched its commission-free cryptocurrency trading platform BUX Crypto. In a statement published April 8, the company announced that BUX Crypto is now available across 25 European countries. […]
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OTC order book aggregator B2B2 identified Bitcoin spreads of between 5% and 10% during the record crypto market crash of March 12–13. Over-the-counter (OTC) liquidity provider B2C2 has published a report analyzing the trading spreads exhibited across its Bitcoin (BTC) market and three leading institution-facing spot exchanges throughout March. The study finds that spreads widened […]
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A cryptocurrency fundraising initiative for the Italian Red Cross has tripled its initial campaign goal of roughly $10,000 in less than four weeks. On April 5, Italy’s “blood donation day,” the Italian Red Cross constructed an advanced medical post using funds generated through a crypto fundraiser. The Italian Red Cross has raised nearly $32,000 through […]
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CasperLabs, the firm tasked with developing Ethereum’s implementation of proof-of-stake, decided to launch its own blockchain. CasperLabs, the firm tasked with developing Ethereum’s implementation of Proof-of-Stake (PoS), has decided to launch its own blockchain. According to a recent announcement, CasperLabs plans to launch its own PoS blockchain in collaboration with Singapore-based crypto exchange BitMax. BitMax […]
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Analyst PlanB explains that Bitcoin’s price activity did not invalidate the stock-to-flow model after the first futures launched in December 2017. Bitcoin futures do not unfairly impact the price of Bitcoin (BTC), according to the creator of one of the cryptocurrency’s most accurate price models. In a series of tweets on April 7, PlanB, the […]
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Developer 1st Playable has denied rumors its Cookstar game was used to hijack Nintendo’s Switch console to mine Bitcoin. Developer 1st Playable has denied rumors one of their games was used to hijack Nintendo’s Switch console to mine Bitcoin and other cryptocurrencies. While the recent Nintendo release, Cooking Mama: Cookstar, is connected to blockchain technology […]
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