News | Ethreum - Part 423

Wall Street is Coming to Bitcoin: Here’s Why Crypto’s Institutional Market Just Saw a Massive Turning Point

Crypto NewsBy May 14, 2020

Things ramped up a gear today as Bitcoin derivatives platform, Deribit announced full integration of the ClearLoop custody and settlement solution for institutions. ClearLoop is the brainchild of London-based Copper, headed by CEO, Dmitry Tokarev, who commented: “ClearLoop, the fruit of this collaboration, allows investors to settle trades instantly, keeps their assets secure and insured…

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This Morning’s Bitcoin Rally Filled The CME Futures Gap, Now What?

Crypto NewsBy May 14, 2020

An early morning rally in Bitcoin price filled a CME Futures gap to the upside leftover from the weekend’s post-halving profit-taking drop. Now that the gap has been filled, where may Bitcoin be headed next in the days ahead? And why are gaps something crypto traders need to continue to pay close attention to? Bitcoin…

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Gold Bug Peter Hug Warns Inflation Will Be Slow, Will This Delay Bitcoin’s Bull Run?

Crypto NewsBy May 14, 2020

The global trading director of a major precious metals firm is warning gold investors to not pay the currently enormous premiums until inflation sets in much later down the line. However, Bitcoin is booming for similar reasons as gold. Does this mean that Bitcoin‘s next bull run may be delayed until inflation truly takes hold?…

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Report: Ethereum Has a Stronger Network Effect Than Bitcoin

Crypto NewsBy May 14, 2020

An in-depth analysis from IntoTheBlock took a look at the network effects of Bitcoin and Ethereum and found that it was much easier to calculate and track on Ethereum. Ethereum’s role as the facilitator of decentralized finance has the potential to amplify its network effects and attract more users, while Bitcoin’s sparsely connected nature meant…

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Despite Crypto Bubble Crash, Pump and Dump Schemes Are Still Rampant

Crypto NewsBy May 14, 2020

A glance at “Crypto Twitter” shows that the blockchain industry is oversaturated by speculators that lack financial literacy. This is the main reason why different communities surrounding a particular cryptocurrency, such as the “XRP army,” will do everything in their power to defend their views even when there is undeniable evidence that contradicts them. With…

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Crypto Altcoins Risk Dangerous Collapse As Three Year Triangle Resolves

Crypto NewsBy May 14, 2020

During the crypto hype bubble that made Bitcoin a household name, altcoins exploded to all-time highs and generated life-changing wealth for early investors. Since then, there’s been a three-year downward trajectory that is about to resolve further to the downside, putting altcoins at serious risk of extinction. Bitcoin Halving Is Crushing Already Battered Crypto Assets…

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Ripple (XRP) Follows Bitcoin’s Rise But $0.21 Shows Bearish Case Remains Intact

Crypto NewsBy May 14, 2020

Ripple traded higher and broke the $0.2000 resistance following bitcoin price rise against the US Dollar. However, XRP is still facing many hurdles near $0.2100 and $0.2200. Ripple is trading higher and it managed to clear the $0.1980 and $0.2000 resistance levels against the US dollar. The price is currently facing a key resistance zone…

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Lumi Wallet announces Zero-Fee Crypto Exchange

Crypto NewsBy May 14, 2020

Lumi Wallet, a multi-currency crypto wallet that recently became open-source has announced in its blog, the introduction of zero-fee facility for crypto-crypto exchange through its in-wallet exchange feature. To benefit from this offer, users will have to use the promotional code “HEYHEY” while checking out. Lumi claims that this will allow users to make their…

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Post Bitcoin Halving, Miners Have Dumped $5M More BTC Than Before

Crypto NewsBy May 14, 2020

The Bitcoin halving finally happened this week, cutting the reward miners receive in BTC for their efforts by 50%. The event has been widely expected to influence Bitcoin price in a positive way. However, miners aren’t following the plan and instead are dumping more BTC than ever on the market. Bitcoin Halving Is Here, But…

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Bitcoin Explodes Above $9,300 After Halving: What Do Analysts Expect Next?

Crypto NewsBy May 14, 2020

Bitcoin has continued to rally higher since our last market update, recently retaking $9,300 for the first time since the crash on the morning of May 10th. Bitcoin’s price action from May 8 to today charted by TradingView.com. This strong recovery comes after Bitcoin fell as low as $8,100 due to a sell-off prior to…

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