The price of Bitcoin is set for a weekly candle closure above $11,500 for the first time since August 2019. The price of Bitcoin (BTC) is hovering at $11,300 and is nearing a pivotal technical level, which some traders are arguing makes $11,500 “the most important” level to confirm a new bull cycle for BTC. […]
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The digital art scene is becoming a hotbed of activity for non-fungible tokens. Digital art marketplace ‘SuperRare’ has surpassed $1.6 million in cumulative trade volume as buyers become more comfortable with the concept of art sold as non-fungible tokens. The marketplace started the year with $344,000 in platform sales volume, but has seen that figure […]
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Several key derivatives indicators show investors are still strongly bullish on Bitcoin despite $1 billion in liquidations. The sudden $1,500 drop in Bitcoin (BTC) price on August 2 caused over $1 billion worth of liquidations on futures contracts and also led to a sharp decline in the price of many top altcoins. This massive figure […]
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The COVID-19 pandemic has highlighted challenges in global seafood supply chains, and blockchain tech may help improve them. COVID-19 is the most devastating plague to ravage humankind this century. Every day, the number of patients infected with the coronavirus is rising globally and taking the highest human toll in the United States. The highly infectious […]
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The U.S. dollar is at risk of falling below the lower end of a 12-year trendline as some analysts argue that this may be a bullish turning point for Bitcoin price. The United States dollar (USD) index is currently testing the bottom of a 12-year trendline. But as some traders are calling it the “most […]
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There are certain stages that we need to go through before we are able to challenge and potentially replace the existing and proven gaming systems. When CryptoKitties burst onto the scene back in November 2017, we had our first taste of load-testing a blockchain solution at scale. Congestion spiked, and we saw glimpses of how […]
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United States Representative Tom Emmer is confident about the bright future of Bitcoin and blockchain technology. The largest cryptocurrency, Bitcoin (BTC), is not going away once the ongoing financial crisis subsides, United States Representative Tom Emmer (R-MN) believes. A known industry advocate, Emmer says that Bitcoin will only be getting stronger after the world eventually […]
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Glassnode states that over 90% of the Ether token supply was bought at a lower price than that at which it’s currently trading. As Ether (ETH) continues to hit new 2020 highs, the majority of ETH is now reportedly profitable. According to data from blockchain intelligence firm Glassnode, more than 90% of the circulating ETH […]
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In its latest weekly report, Glassnode warns that despite strong network fundamentals, Bitcoin remains at risk of a macro-induced plunge. Bitcoin (BTC) is showing all the signs of further price gains but macro markets could still bring the bull run to an end, says Glassnode. In its latest weekly update, The Week On-Chain, the analytics […]
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The XRP Markets Report shows Ripplenet’s On-Demand Liquidity network experienced 11x growth compared to 2019, while XRP sales surged in Q2. Sales of Ripple’s XRP token in Q2 surged after hitting a low in the first quarter, while the firm’s On-Demand Liquidity network remains popular. According to Ripple’s quarterly report released on August 3, sales […]
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