Bitcoin has barely flinched in the face of the dollar’s best attempt at a rebound in over a year. The greenback is trying to stage a comeback against the top cryptocurrency, which has left the global reserve currency battered and beaten. Although Bitcoin has fended off the advance in USD, if history repeats and the…
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Ethereum has had an incredible year thus far, breaking its former all-time high on its USD pair and soaring well above it. However, on its Bitcoin trading pair, the altcoin has struggled to get anywhere near its former highs. According to one crypto trader, that all is about to change, and it is finally “showtime”…
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Ten years ago, Bitcoin emerged as the first cryptocurrency. It brought with it the promise to resolve some of the major challenges that come with regular fiat currencies like the US dollar (USD) and Chinese yuan (CNY) — including rampant inflation, counterfeiting, and centralization. But despite this, it isn’t Bitcoin that is poised to reshape…
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A golden cross formed on the Chainlink (LINK) four-hour chart a week after its price crashed by almost 45 percent from its record high of $37.07, signaling a bullish revival for the world’s ninth-largest cryptocurrency by market capitalization. In retrospect, a golden cross appears when an asset’s short-term moving average crosses above its long-term moving…
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Web developer Isaac Miller tells his story on allegedly getting sued by Ripple over a website he created selling fidget spinners. The San Francisco-based fintech firm alleges that Miller had infringed copyright and defrauded its customers. Ripple Sends Cease And Desist Notice Miller recounts what happened by saying several years ago; he noticed that the…
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Binance Coin should do to Ethereum what Bitcoin is doing to gold: eating a good portion of its market capitalization by acting as a better alternative. That was pretty much what Changpeng Zhao, the founder/CEO of Binance cryptocurrency exchange, dictated in his series of tweets on February 28 as he pitted their Binance Smart Chain…
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Cryptocurrencies’ popularity has risen tremendously over the last few months, especially Bitcoin and Ethereum. From being the youngest entrant in the world of currencies, cryptocurrency is rapidly becoming one of the most accepted ways of transacting throughout the world. Moreover, cryptocurrencies have not only become a global currency but it has also opened new avenues…
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The last seven days have been extremely eventful for everyone at Sovi Finance and we are happy to announce the successful completion of the SOVI auction on the NewItem platform, and the launch of SOVI Liquidity Mining on the Huobi ECO Chain (HECO). The two events have proved to be highly successful and have attracted…
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Bitcoin price has now had one of its largest pullbacks dollar for dollar in history, putting the entire parabolic uptrend in jeopardy, according to one crypto analyst who has warned the top could be near. The analyst, who has been accurate in the past, claims that it is now “crunch time” for the parabola to…
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Data shows that Bitcoin miners have ceased taking profit and have started to once again hoard BTC for the first time since mid-to-late December 2020. What’s notable about this, is the fact that the leading cryptocurrency by market cap appreciated in price by more than double during the sustained selling. If that’s the case, what…
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