Bitcoin is once again surging higher despite fears the coin was reaching a trend peak. Two hours ago, the cryptocurrency began its latest leg higher, pushing as high as $13,650 on leading digital asset exchanges. In the past 24 hours, BTC is up 5%, having found a short-term bottom in the $12,800 range after yesterday’s…
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Data from analysts Glassnode shows the number of Ethereum addresses holding 32+ tokens is at an all-time high. Since 2016, the number of addresses with 32 or more tokens has grown in line with Ethereum’s rising price. But this began to plateau during the start of the bear market in January 2018. Sudden interest at…
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The price of Bitcoin (BTC) has never been above $10,000 for as long as in the past three months. The figure shows the sheer strength of the momentum of BTC’s ongoing uptrend. The researchers at the cryptocurrency market data firm The Tie said: “Bitcoin has held above $10k for over 90 days (Closing basis). This…
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Minutes after DBS announced its foray into the cryptocurrency exchange business, Bitcoin resumed its uptrend. Another Bitcoin Rally The BTC/USD exchange rate added up to $411, or 3.14 percent, to set another year-to-date high just shy of $13,500. The pair corrected lower by $100 amid renewed profit-taking but left the Bitcoin market more bullish than it…
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Negotiations over a new round of stimulus relief have dragged on for many months now. To make matters worse, both Democrats and Republicans have used the delay as a political ping pong to score points. But last week, House Speaker Nancy Pelosi indicated that she and Treasury Secretary Steven Mnuchin are close to agreeing on…
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Polkadot’s native cryptocurrency DOT was among the biggest gainers in the last 24 hours even as other top altcoin projects reported losses. The DOT/USD exchange rate rose about 9 percent, hitting $4.93 as its intraday high during the European trading session Tuesday. The rally emerged out of nowhere, with no concrete fundamentals backing it as…
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DBS Bank Ltd is looking to offer support for Bitcoin as it looks to capitalize on the growing demand for cryptocurrency investments among consumers. Singapore’s biggest banking corporation unveiled a flagship cryptocurrency trading service, dubbed as DBS Digital Exchange, in a “soft-launch.” It later removed the webpage from public view, leaving the Bitcoin community guessing about…
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Bitcoin has surged massively higher over the past 10 days since bottoming on the OKEx news. The price of the leading cryptocurrency currently is $13,050, far above the lows of $11,200 that were triggered on the OKEx news. Despite the coin holding $13,000, analysts fear that a strong retracement is in the works. A number…
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Chainlink (LINK) seems to be forming a short-term top near $12.98. A head and shoulders pattern is likely forming, which could trigger a sharp decline below the $11.50 support. Chainlink token price started a fresh decline after it failed to clear the $13.00 resistance against the US dollar. The price is holding the $11.50 support…
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Ethereum declined 5% and it broke the main $400 support against the US Dollar. ETH price is recovering from the $385 support, but it could face hurdles near $400. Ethereum is down 5% and it broke the $400 and $395 support levels. The price is currently recovering from $385, but it is well below the…
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