One of the biggest events on the international football calendar, Euro 2020 is finally here. After an understandable but disappointing postponement due to the ongoing Coronavirus pandemic, Europe’s biggest International tournament has begun. To celebrate the return of Europe’s summer festival of football, Sportsbet.io is offering up more than one million euros worth of prizes…
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Ethereum is trading in a positive zone above the $2,400 support zone the 100 hourly SMA against the US Dollar. ETH price is likely to rally if there is a clear break above $2,500. Ethereum is trading in a positive zone above the $2,400 and $2,420 support levels. The price is now trading above $2,450…
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Bitcoin price formed a base above $35,000 and started a fresh increase against the US Dollar. BTC broke the $38,000 resistance and it even traded close to $40,000. Bitcoin started a fresh increase above the $38,000 and $38,500 resistance levels. The price is currently well above $38,000 and the 100 hourly simple moving average. There…
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Bitcoin has held critical support after a move to the downside on Friday and trades at $37,539. A good old weekend pump has brought it back from the mid-zone of the $30,000 range and now it might make a push towards $38,000. BTC trends upwards in the daily chart. Source: BTCUSD Tradingview In the short…
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If you weren’t sure the stance for Nvidia CEO Jensen Huang when it comes to Ethereum’s upcoming shift to proof-of-stake, no need to question it further. Huang is clearly optimistic about Ethereum’s future. In an online-only Computex event, he fielded a variety of questions ranging anywhere from his thoughts on the metaverse to global semiconductor…
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Cardano (ADA) has maintained part of its profits from the pre-crash weeks. At the time of writing, the fifth cryptocurrency by market cap trades at $1,50 with moderate losses in the weekly chart. ADA with moderate gains in the daily chart. Source: ADAUSDT Tradingview ADA moves with the general market sentiment, undecided, and with no…
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As cryptocurrencies begin to cement themselves into the wider financial system thanks to growing interest from previously wary institutional investors and blockchain technology’s increasing integration into our everyday lives, the way is being gradually paved for a world where all money and financial products are digital. The driving force behind the ultimate shift will undoubtedly…
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Bitcoin price is making its best attempt yet to climb back above $40,000 since the big crash in May. Thus far, the phrase “sell in May and go away” has worked like a charm, and it could take longer before buying coins back again is a profitable strategy. That’s because the top cryptocurrency is struggling…
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An opposite reaction to the “Bitcoin Law” passed by El Salvador and to its growing adoption was to be expected. Mainstream media has been replicating news on BTC alleged negative environmental impact, its use for illicit activities, and others. However, the Director of the Dutch Bureau for Economic Analysis, Pieter Hasekamp, might be the runner-up…
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Having a successful investing career in cryptocurrencies is quite hard. Even if you are a seasoned trader in Forex, commodities, or any other traditional market, you will find crypto to be a completely different animal. Many reasons account for this. The best-known one is the crypto’s relatively low capitalization. That means that the markets are…
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