Bitcoin price retested the $35,000 support level against the US Dollar. BTC is now rising, but it must clear $37,000 and the 100 hourly SMA for a steady increase. Bitcoin is recovering higher from the $35,000 support zone. The price is currently well below $37,000 and the 100 hourly simple moving average. There was a…
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The ‘Miami Migration’? ‘Florida Flocking’? While there is no term coined yet, eToro is looking to get their name in the mix as there is undoubtedly more attraction routinely being driven towards the south Florida area when it comes to cryptocurrency and tech. During last week’s Bitcoin 2021 Conference in Miami, eToro announced that the…
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The adoption of the Bitcoin Standard by nation-states has begun. El Salvador will become the first country to declared BTC a legal tender. The announcement was made recently; the crypto space and its industry are still processing its impact. Although a relatively small country, El Salvador could trigger a similar effect as when MicroStrategy included…
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Michaal van de Poppe, a top crypto analyst, has offered his thoughts on the prospect of a new altseason, highlighting three cryptos that appear to be primed for new breakouts. In a new video, Van de Poppe tells his 103,000 subscribers that despite the harsh late-May correction that saw Bitcoin tumble to $30,000, an altseason…
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After over a decade of ups and downs, it finally seems like cryptocurrency is here to stay. The value of one bitcoin has risen to record levels, and a plethora of alternative cryptocurrencies have cropped up in its wake with the total market value of crypto rising to well over two trillion dollars today. As…
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Bitcoin mining is on the move. Around the world, more companies and initiatives are being brought to life. Blockstream and Square have announced a partnership to build one in the U.S. based on renewable energy. The Bitcoin infrastructure startup, led by Adam Back, and the financial services company, led by Jack Dorsey, will create an…
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Cardano (ADA) developer IOG has launched the first testnet for their smart contract platform, “Alonzo Blue”. The first stage of a roadmap set to be completed around September with full implementation of smart contract capabilities for the platform. The evolution of Cardano has not gone unnoticed. Popular crypto analyst Ben Armstrong recently revealed his 1,000,000…
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2020 was a good year for the DeFi sector as several platforms saw an increased interest from traders and users. As these platforms offered new liquidity options for traders and helped them earn more profit, there was a sudden flow of income, resulting in more DEXs opening up to capitalize on this opportunity. One of…
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Research firm Messari published a report on the performance of 5 sectors in the crypto industry after the recent crash. Written by Roberto Talamas, the report determined that smart contracts (Solana, Cosmos, Polkadot, Kusama, and others) have been amongst the least affected by this event. Relentless selling pressure caused the main cryptocurrencies to correct by…
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Celsius CEO Alex Mashinsky sat down live at Miami’s Bitcoin 2021 Conference with Yahoo! Finance for a brief discussion on Celsius, Elon, and more. With a quick question out of the gate around Elon’s latest Twitter chatter, Mashinsky didn’t hesitate to share his opinion. ‘The Crypto Tourist’ “Elon is a tourist in crypto”, Mashinsky stated,…
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