It is common knowledge that Bitcoin was the first decentralized cryptocurrency. It was developed in the year 2009 by Satoshi Nakamoto. However, today, there are a wealth of digital currencies in place and are commonly referred to as ‘altcoins.’ In fact, it is estimated that the number extends beyond 4000. Before understanding how companies are…
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The U.S. Securities and Exchange Commission (SEC) Chair, Gary Gensler, said Congress needs new regulatory frameworks for crypto exchanges. At present, no single agency is directly responsible for them, leading to an incoherent regulatory approach. A possible solution lies in the formation of a new agency to oversee crypto exchanges directly. Alternatively, an existing agency…
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Ripple started a fresh rally above the $1.50 barrier against the US Dollar. XRP price is likely to surge further if it clears the $1.75 and $1.80 resistance levels. Ripple is gaining bullish momentum above the $1.55 and $1.60 resistance levels against the US dollar. The price is now trading well above $1.50 and the…
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Bitcoin price failed to clear the $58,500 resistance against the US Dollar. BTC is correcting lower and it could decline heavily if there is a break below $55,500 Bitcoin struggled to clear the $58,500 resistance and started a fresh decline. The price is now trading below the $57,000 level and the 100 hourly simple moving…
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MicroStrategy CEO Michael Saylor responded to a tweet implying that Bitcoin’s days are numbered. In it, the poster likened the leading cryptocurrency to MySpace. Saylor answered by saying BTC trade volumes equal MySpace’s peak valuation every few hours. With some now calling Bitcoin “boomer crypto,” due to it being relatively unexciting compared to the others,…
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Stellar follows the general market sentiment with green indicators across the board. XLM’s price seems to be positively reacting to the increase in USD Coin (USDC) liquidity on top of its blockchain. Additionally, the Stellar Development Foundation (SDF) made a potential groundbreaking announcement. Alongside VISA, Tala, and Circle, one of the companies behind USDC, the…
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Cardano’s (ADA) price has awakened. With a 14.4% rally in the daily chart, after consolidation around the $1.30 to $1.40, ADA has reached a new all-time high and seems poised to keep smashing future resistance. ADA with bullish momentum in the daily chart. Source: ADAUSDT Tradingview Yesterday, Exchange platform Kraken launched staking for ADA with…
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Within several months the FBC Fund has significantly increased its parameters, and thereafter, the profit of investors. There are 2 reasons for that. The first one is a significant growth of almost all cryptocurrencies’ rates over the past few months. The second reason is that the Fund has updated and optimized its famous stock market…
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A storm monthly of April is now in the past, and although the forecast was looking glooming for Bitcoin for a while there, bulls are breaking through the clouds and it could blossom another bullish impulse higher. Here’s a closer look at the technical Indicator that suggests the top crypto is back to bull mode…
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OKEx, a prominent crypto exchange and derivatives platform in the industry has announced the inclusion of Chia Network’s native crypto asset. The listing of XCH went live on May 3, enabling users to trade XCH/USDT and XCH/BTC trading pairs. A creation of Bram Cohen, known for inventing the BitTorrent Network, Chia Network is a highly…
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