Bitcoin has crashed below $10,000 for the first time in seven weeks. An aggressive week of selling has seen the price Bitcoin (BTC) fall below $10,000 for the first time since late-July, triggering fear in the markets. After posting a local top of roughly $12,500 on August 17, BTC consolidated between $11,250 and $12,100. However, […]
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Will there be a flipplining in transaction volume? The gap between Ether & Bitcoin’s on-chain transactions has reached an all-time low. The latest findings by Santiment, published in Cointelegraph Consulting’s biweekly newsletter, suggest that Ether is poised for gains. The amount of Ethereum transacted on the blockchain daily has grown from an average of 3.85 […]
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Bitcoin’s recent correction below $10,500 raises the possibility of a CME gap fill in the $9,900-$9,600 region. The fact that Bitcoin (BTC) price was unable to break through the resistance level at $12,000 meant a retracement was imminent. However, the fast pace of the current retrace was not expected by the markets and has surprised […]
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Bitcoin’s new monthly candle has been met with a fierce sell-off. Traders explain bearish and bullish scenarios for BTC. On Sept. 1, a new Bitcoin monthly candle opened with significant optimism. The August monthly candle closed above $11,500 for the first time since the all-time high in 2017. But in the short term, traders are […]
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Agriota E-Marketplace may give farmers in India more access to the UAE’s multi-billion dollar food industry. Food industry officials in the United Arab Emirates may soon have a blockchain-based supply chain to obtain agricultural products directly from India. According to an Aug. 31 report, officials in the United Arab Emirates (UAE) will be using Agriota […]
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Amid multiple warnings over the world’s reserve currency, Bitcoin stands to gain if recent macro correlation remains intact. Bitcoin (BTC) is heading for a bullish start to another week’s trading after shrugging off lower levels to hit $11,700. Cointelegraph takes a look at five things that could shape price performance in the coming days after […]
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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 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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Bulls are still king as market signs point up, not down, says filbfilb — but Friday’s futures expiry could spell trouble. Bitcoin (BTC) can still top $13,000 and higher as a series of “non-events” still leave bulls in a powerful position. Data from Coin360 and Cointelegraph Markets showed BTC/USD climbing towards $11,500 on Aug. 28, […]
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The partnership between Archax and Algorand could help bridge the gap between decentralized and centralized finance Digital security exchange Archax and DeFi protocol Algorand have formed a partnership to build a new line of products to bridge the gap between centralized, and decentralized, finance. Archax and Algorand will work together to release “innovative smart financial […]
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