Bitcoin is so far seeing a quiet weekend, with bulls taking control of its price action as they hold it above $18,000. This level was broken below earlier this week, but buyers were able to find enough support to thwart any intense selloff from here. Although the crypto is holding strong above this level, it…
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MassMutual shocked the industry yesterday when it purchased Bitcoin to complement its general investment account. Massachusetts Mutual Life Insurance Company, also known as MassMutual, is a long-standing life insurance company that services five million clients. It is based in the city of Springfield, Massachusetts, with over 7,000 employees. The company is reported to own over…
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Bitcoin price is making an attempt to get back over $18,000 after it flirted with the mid-$17,000 range in the overnight hours. The leading cryptocurrency by market cap has only bled further over the last several days since MicroStrategy CEO Michael Saylor revealed his company’s plans to offer convertible senior notes to raise $650 million…
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Chainlink has seen some mixed price action as of late, with bulls unable to gain a decisive edge over bears as the entire market turns lower. LINK isn’t the only cryptocurrency that has been struggling to gain any bull-favoring momentum, as most other cryptocurrencies have also seen some intense selling pressure that has slowed their…
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XRP has seen some wild price action over the past few weeks, with the token’s recent break above its multi-year trading range between $0.21 and $0.30 sending it on a parabolic uptrend that eventually let it as high as $0.90 on Coinbase and some other exchanges. It lost its momentum here, however, and has since…
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Bitcoin is currently experiencing a small correction by cryptocurrency standards. The last time the top cryptocurrency corrected from below $20,000, it touched under $6,000 weeks later. But the normally notoriously volatile crypto asset isn’t swinging quite as wildly as the peak of the 2017 bull run. So while this isn’t likely the peak that causes…
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Bitcoin has seen some rocky price action as of late, with bulls and bears battling for control over the cryptocurrency’s mid-term outlook. So far, this has resulted in the cryptocurrency seeing some bearish momentum, with sellers taking general control over its trend. This may soon change, however, as buyers are in the process of pushing…
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2020 has been a tough year for business enterprises. Some of them are trying to reclaim their lost glaze while others have sailed past, doing even better than other years. A new wave of digital transformation is taking over businesses, and in terms of adoption, users have also embraced it. The trick is to look…
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The development of the Internet of Things (IoT) is impossible without the creation of a decentralized environment. Tethering devices to remote servers of IT companies is only the initial, not the last stage in the evolution of the IoT. As the number of devices in any given system grows, the weaknesses of the traditional, centralized…
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Yearn Finance’s governance token YFI logged further losses in a bearish correction that saw its price crashing by 25 percent this week. The YFI/USD exchange rate plunged more than 5 percent on Friday to an intraday low of $22,030, further foreshadowing its 328 percent price rally between November 5, 2020, and December 3, 2020. So…
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