The co-founder of Gemini Exchange, Tyler Winklevoss, said the ongoing pandemic situation is helping to boost Bitcoin adoption. In a recent tweet, Winklevoss described how the pandemic had uprooted life as we know it, in particular, its effect on the monetary system. This, he believes, is the foundation for more people buying into the Bitcoin…
DetailsBybit has made a generous gesture ahead of its August trading event, World Series of Trading. The derivatives exchange has promised to donate 5% of the prize pool to UNICEF to help combat the effects of Covid-19. At current BTC prices, that means the organization is on course to receive over $110,000. The funds will…
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IOTA, a transaction settlement token for the Internet of Things (IoT), has surged by more than 400 percent from its March 2020 nadir. Its price rally this week led to the formation of its first Golden Cross on a weekly chart. Technically, the moving average crossover indicates a bullish continuation in the coming sessions. IOTA…
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Bitcoin and the entire crypto market are currently seeing some quiet price action. This newly established consolidation phase comes close on the heels of the recent surge that send BTC to highs of $11,400. It appears that BTC is struggling to hold above $11,000, as it has been trading beneath this crucial support level for…
DetailsGlobal investment platform eToro today announces the acquisition of Marq Millions Ltd, the UK based e-money business. Marq Millions is now trading as eToro Money and will be the card issuer for eToro’s forthcoming debit card. Commenting on the acquisition, Co-founder and CEO of eToro, Yoni Assia said: “We are proud to announce the acquisition…
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Bitcoin’s signature volatility is finally returning, but not even the crypto market has been pumping like Kodak stocks. The photography powerhouse surged Wednesday as high as 500% intraday following news the Trump administration tapped the firm to produce generic pharmaceuticals. The film and photography brand’s share prices surging brings back memories of the now-defunct KodakCoin…
DetailsCryptoLocally, a next-generation peer-to-peer (P2P) trading platform, has recently announced the support for Ethereum-based tokens. With this announcement, the first Ethereum-based digital assets to be added are Ether (ETH), Tether USDT (ERC-20), and DAI. This is part of CryptoLocally’s ongoing effort to give its customers the very best trading experience, offering its customers the most…
DetailsWhile movie theaters may be unusually empty this time of the year, a different kind of summer blockbuster is coming soon, one that promises to bring back the exhilaration of competitive crypto trading with up to 200 bitcoins (BTC) prize pool, 20% off trading fees and up to $9,400 in USDT bonuses. A Blockbuster Competitive…
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Bitcoin has begun to consolidate after its explosive breakout on Monday. Over the past 48 hours, the leading cryptocurrency has jumped between $10,800 and $11,300, attempting to establish a short-term range. Some fear that this is a sign that the market is reaching a top. After all, Bitcoin failed to pass $11,500 in the recent…
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Earlier in June, Bloomberg analysts made a bold Bitcoin price prediction, stating that the cryptocurrency could revisit its all-time high near $20,000. The forecast is now receiving further support from a worsening macroeconomic climate. Observers believe that safe-haven assets, as well as equities, could rally further into 2020 because of the TINA effect. It has…
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