These five countries have led the way in driving cryptocurrency and blockchain adoption in 2020. As the use of cryptocurrencies continues to spread around the world, a number of countries have established themselves as leaders in adoption. COVID-19 has dominated 2020, and the effects of the ongoing pandemic have stifled many economies. However, the cryptocurrency […]
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A terrible year has still presented a unique opportunity to rethink how money is managed and used in our society. 2020 has been a year of upheaval throughout the world. Overshadowed by the COVID-19 pandemic, the events of this year brought forth new challenges no one was prepared for, upending the way we live, work, […]
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Bitcoin price continues to chase after $30,000 but continued rejections below the key level are negatively impacting altcoin prices. On-chain data suggests that high-net-worth individuals continued to buy Bitcoin (BTC) after Christmas. Analysts at Santiment said that smaller traders sold about $647 million worth of Bitcoin and this sum may have been bought up by […]
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Vegas Auto Gallery has seen an influx of Bitcoin payments amid the bull market. A luxury auto dealership in Nevada has reported a steady increase in Bitcoin (BTC) payments, a testament to the bull market currently underway as more investors convert their holdings into high-end sports cars. Vegas Auto Gallery, whose inventory includes makes and […]
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The digital asset manager has reduced its holdings of both cryptocurrencies significantly. Grayscale Investments, the world’s largest digital asset manager, has reportedly dumped a significant portion of its XRP and XLM holdings. Data from Bybt, a cryptocurrency futures trading platform, reveal that Grayscale’s XRP holdings declined by more than 9.18 million on Dec. 29, bringing […]
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Bitcoin liquidity is declining, data from Glassnode shows, which could propel BTC price even higher. Bitcoin is becoming more difficult to buy, according to analysts at Glassnode. The amount of BTC received and spend among entities is decreasing, which means the liquidity is declining. If Bitcoin (BTC) liquidity is low, it means there is less […]
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2021 may be the year of natural selection for the Japanese crypto industry. In 2020, the Japanese crypto industry seems to have entered its maturation phase. With new crypto laws established in May, large exchanges have solidified their leading positions, while crypto startups and unregulated businesses have exited the market. However, it seems that a […]
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Major exchanges scramble to disassociate themselves with XRP as Ripple tries to regain control of the narrative. Cryptocurrency exchange Bittrex announced on Dec. 29 that it will be removing all XRP markets starting from Jan. 15, 2021. Trading pairs affected are BTC/XRP, ETH/XRP, USDT/XRP and USD/XRP. The announcement comes just days after fellow exchange Coinbase […]
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A swift return to form for Bitcoin sparks 8% daily gains and gives no hint of a deeper reversal under $30,000. Bitcoin (BTC) returned to hitting records on Dec. 30 after a fresh rebound took it above its $28,400 all-time high. BTC price nails fresh all-time high Data from Cointelegraph Markets and TradingView showed BTC/USD tackle […]
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Positive news, active communities and a shift toward DeFi appear to be the catalysts responsible for the rallies seen in Zilliqa, Terra (LUNA), and VeChain. During a bull market, negative news is quickly digested and the collateral damage is often limited. Therefore, even as XRP price dumped aggressively due to the uncertainty regarding the outcome of the […]
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