Bitcoin looks to be stabilizing. If that happens, select altcoins might outperform. Let’s study the charts. Total crypto market capitalization has held the $200 billion mark for the past few days. This is a positive sign, as it shows that market participants are not panicking at lower levels but are using dips to buy. The […]
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The Wyckoff chart and other key indicators suggest that crypto investors are accumulating Bitcoin even if it retains a bearish bias. Bitcoin (BTC) closed the week with a selloff, pushing price below the $8k handle and printing a close down 2.5% for the week as a whole. Despite an ominous close to the bottom of […]
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The Sacramento Kings pro basketball team is launching a blockchain-based rewards program within its mobile gaming app. The Sacramento Kings NBA basketball team is launching a blockchain-powered rewards program within its gaming app. Partnership with Blockparty The Sacramento Kings partnered with New Jersey-based blockchain ticketing platform Blockparty to add blockchain-based rewards to its prediction game […]
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A major South Korean convenience store chain, CU, will now accept a blockchain-based payment method at its stores. Mobile payments app CHAI is launching mobile blockchain-based payments at 13,500 CU convenience stores in South Korea. According to an Oct. 7 press release shared with Cointelegraph by blockchain startup Terra, CHAI — which operates on the […]
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The WFE, a global trade association of publicly-regulated exchanges, has appealed to the U.K.’s FCA not to restrict crypto derivatives for retail investors. The World Federation of Exchanges (WFE), a global trade association of publicly-regulated exchanges, has appealed to the United Kingdom’s Financial Conduct Authority (FCA) to not restrict cryptocurrency derivatives for retail investors. The […]
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Crypto markets are seeing notable upward movement with Bitcoin breaking back above the $8,000 level. Monday, Oct. 7 — Crypto markets are seeing notable upward movement, with Bitcoin (BTC) breaking back above $8,000. While a few of the top 20 coins report losses at press time, XRP is seeing a sharp growth of over 8%. […]
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Decentralized finance is gaining momentum as a sector that could transform the economy. But what is it, and what are the challenges that lie ahead? What is the Crypto Finance Conference? The CFC bills itself as “the most exclusive blockchain investors’ confidence in the industry.” Held on an invitation-only basis, just 200 attendees will be […]
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The number of the U.K. Financial Conduct Authority’s investigations into crypto businesses surges 74%: from 50 cases in 2018 to 87 already in 2019. The Financial Conduct Authority (FCA), the United Kingdom’s primary financial regulator, has seen a 74% rise in crypto-related investigations in 2019 so far. A local law firm reveals the data According […]
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Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun argues that the United States blocking Facebook’s Libra will have national security implications. Ex-federal prosecutor and now Andreessen Horowitz partner Katie Haun has argued that the United States blocking Facebook’s Libra digital currency will have national security implications. Haun’s comments were reported in a CNBC profile […]
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Well-known BTC proponent Samson Mow believes that off-chain scaling will take the pressure off Bitcoin’s blockchain in the coming years. The chief strategy officer at Bitcoin (BTC) technology firm Blockstream has said that the current block size capacity may not even be needed in the future. Speaking in an interview with industry news outlet Decrypt […]
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