GPay Limited, which traded as XtraderFX (formerly CryptoPoint) has been shut down by UK authorities following investigations into its practices. The firm has been on the radar of the Financial Conduct Authority for over two years. But a High Court hearing, before Deputy Insolvency & Companies Court Judge Baister, finally forced it to close last…
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Chainlink has seen an impressive rally thus far this year. It has been fueled by different partnerships that have put this altcoin in the spotlight of the cryptocurrency market. The decentralized oracles token provided investors a mid-year return of investment of nearly 160% as its price rose from a yearly open of $1.76 to close…
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XRP price has struggled throughout the last two years of the bear market. It has ranked amongst the worst performing altcoins, despite trailing right behind Bitcoin and Ethereum in market cap. Investors may have finally given up on the asset and are capitulating. It’s not uncommon to see former supporters now referring to the asset…
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TRON CEO, Justin Sun took to Twitter to pitch the release of TRON 4.0, dubbed the era of the Great Voyage. It will take place at the Global Release Online Conference on July 7th, 2020. 5 days countdown of Great Voyage: #TRON 4.0 Global Release Online Conference on July, 7, 2020 13:00(UTC) Platforms:DLive:https://t.co/Y1eqltI8f5Periscope:https://t.co/Dc7BFx4O4CYouTube:https://t.co/wmSNWffxMu (Justin Sun)https://t.co/B9npITjFyw(TRON…
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VeChain (VET) hit a year-to-date high (YTD) during the Friday trading session. The 24th largest blockchain asset rose 8.57 percent to 114 sats, bringing its YTD gains up by more than 85 percent. Nevertheless, the VET/BTC uptrend is showing signs of cooling off, albeit holding a string of dependable support levels underneath. VeChain’s crypto token…
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According to Skew, the implied volatility of Bitcoin reached a 1-year low at 46%. The last time BTC’s volatility reached such a low point, a big price movement followed. Researchers said: “BTC 1month ATM Implied Volatility reaches a 1-year+ low at 46%.” The volatility of Bitcoin last dropped to around 50% in the first quarter…
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The U.K.’s Financial Conduct Authority (FCA) says the number of British people buying Bitcoin doubled in a year. In a research paper, the authorities said 2.6 million people bought cryptocurrencies at some point. In large part, the FCA’s stance towards crypto assets remains neutral. The regulatory body said that it believes many bought Bitcoin as…
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Bitcoin plunged back towards $9,000 despite showing signs of upside correction in the early Friday session. The latest price correction coincided with the Federal Reserve’s balance sheet contraction that strengthened the US dollar. S&P 500 remained closed on Friday for the Independence Day holiday. The past 24 hours saw Bitcoin breaking its short-term positive correlation…
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Kyber Network token price rallied above $1.500 and traded to a new all-time high against the US Dollar. KNC price is currently consolidating gains and it could continue to rise towards $2.000. Kyber Network gained traction in the past few days and its token price surged above $1.000 against the US dollar. The price traded…
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Ethereum failed to continue higher above $233 and declined sharply against the US Dollar. ETH is now trading below the 100 hourly SMA and it could continue to move down. Ethereum broke the key uptrend support level near $228 and the 100 hourly simple moving average. The price is likely to resume its decline unless…
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