In a world where almost every asset has shown vulnerability, digital assets have proven themselves to be reliable. The coronavirus pandemic has truly been a watershed event — not just for the financial industry but for the world at large. Many had plans and goals that they wanted to achieve before the year ran out […]
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Check out this week’s Bad Crypto podcast. Bitcoin was down a bit this week, stopping just above $11,000. That increase in volatility is only to be expected, say some experts, as we approach the end of some BTC futures and options contracts. Other contributors to increased volatility include Bitcoin’s long period of consolidation and a […]
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Bitcoin price still struggles to overcome the $12K hurdle but 3 key metrics show bulls are in control. Bitcoin (BTC) price dropped by as much as 10% this week and while this might be scary for day traders, the 3-day chart shows the downside move hardly made a dent on the current market structure. This […]
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The power of a strong community in scaling blockchain-based projects should not be understated. Cryptocurrency was built on the premise that a reimagined financial system could exist. It was brought to life by a community that supported these ideals and worked tirelessly to bring them to fruition. As the blockchain community grows, so does the […]
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Another story that helped pave Bitcoin’s early road to adoption. Chris Maurice, CEO of Nigeria-based crypto exchange Yellow Card, made his first business venture into the crypto space back in 2015, selling Bitcoin (BTC) on eBay. “We did that for about a week and we did over $40,000 in sales at a 100% markup,” Maurice told […]
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The price of Bitcoin has shown resilience after the bears failed to push the price down below $11,200, which means the overall uptrend is still intact. As the price of Bitcoin (BTC) showed weakness in the past week, the crucial support zone around $11,200, nevertheless, held. Several arguments were given for the volatility throughout the […]
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Bitcoin approaches the last weekly candle for the month of August. Traders discuss where BTC might be headed next in the short to long term. The price of Bitcoin (BTC) is approaching the last weekly candle for the month of August. Some traders believe Bitcoin’s performance over the next two weeks could decide whether its […]
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The price of Bitcoin could now trade sideways for several months to potentially a year, historical data shows. Bitcoin (BTC) has had four market cycles since its inception in 2009, from a bottom to a new peak. The cycles ranged from over 600 days to around 1,050 days. The most recent cycle has just surpassed […]
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Bitcoin barely reacted to today’s CME futures expiry, but is this a bullish or bearish signal? Today’s Bitcoin (BTC) futures expiry was lackluster both in terms of price impact and volume. Open interest dropped by a mere $157 million, barely moving from its $5 billion mark. As CoinTelegraph correctly predicted yesterday, this most recent CME […]
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Adam Back recalls Hal as a constructive personality who never engaged in squabbles. It’s been six years since Hal Finney passed away from the Amyotrophic Lateral Sclerosis, or ALS. Finney is known as an early supporter of Bitcoin (BTC), and one of the first people to respond to Satoshi Nakamoto’s initial post on the cypherpunk […]
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