Fear of Libra’s Stablecoin Replacing Domestic Currencies Is Greatly “Overstated:” Fed Reserve.

Federal Reserve economists disclose that project Libra’s ability to disrupt economies may have significantly been “overestimated” and overstated by policymakers. The report released on Monday shut down the extremist's statements that the earlier version of one Libra stablecoin could replace the global economic systems as we know them today. The report arose from a prototype […] origin »

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Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup.

Despite some volatility, the Bitcoin price remained, by and large, stable last week as it hovered in a range between $9,250 and $9,500. The bulls may have a slight upper hand at this juncture. The alpha-crypto broke out from a descending resistance line yesterday and now appears to be aiming for an upward move towards […] The post Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup appeared first on BeInCrypto. origin »

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Bitcoin Hits Massive 1,350 BTC Sell Wall; Here’s Why Buyers Won’t Break It.

Bitcoin has seen a tempered upswing over the past several hours that has come about in tandem with a rise in the stock market This upwards movement has done little to alter its underlying technical strength, as it still remains squarely within its long-held trading range This move has also led it up against a massive sell wall on Binance, which may slow the cryptocurrency’s ascent and stop it from incurring any notable momentum There […] origin »

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Bitcoin Bulls Flash Signs of Strength as Stock Market Fuels Fresh BTC Uptrend.

Bitcoin is showing some signs of strength after it posted a strong rebound from its recent lows set around $9,200 The crypto has since climbed back above $9,400, and appears to be navigating through what has become a heavy resistance level Analysts do believe that the token is poised to see further upside due to a few key factors One such factor would be the ongoing rise seen while looking towards the stock market, which […] origin »

Bitcoin Cash, XMR, Dogecoin price analysis: 22 June.

The altcoin market has been noticing immense growth over the weekend. The price of Bitcoin also noted an upsurge from $9,292.91 to $9,436.32, which was a 1.54% rise in price. Source: Coinstats The post Bitcoin Cash, XMR, Dogecoin price analysis: 22 June appeared first on AMBCrypto. origin »

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China: Authorities Tap Blockchain to Issue Post-Pandemic Consumer Vouchers.

Nanjing, the capital of China’s eastern Jiangsu province, which also functioned as the national capital during part of the Ming dynasty, has adopted distributed ledger technology (DLT) for the issuance of “consumption vouchers” to residents, as part of palliative measures aimed at helping the masses to cushion the adverse effects of the COVID-19 pandemic, accordingRead MoreRead More. origin »

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PayPal and Venmo Reportedly Moving Into the Bitcoin and Crypto Market.

PayPal, the global payments network and industry leaders, is planning to start selling large-cap cryptocurrencies to its 325 million consumer base, as per reports on June 23. Turning to BTC CoinDesk quotes unnamed, “well-placed” industry members as the sources on the matter, with the latter stating PayPal will commence the “buys and sells of crypto”Read MoreRead More. origin »

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Three Majors That Could Follow ADA’s Lead.

The prices of ONT, XLM, and ATOM have reclaimed long-term support levels. While ONT still faces significant overhead resistance, the road upwards for XLM and ATOM is relatively clear. The ADA price has increased considerably since the March 13 bottom with an impressive gain of 373%. origin »

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The Probability of Ethereum Seeing a Parabolic Rise in 2020 is 7%; Factors to Consider.

Ethereum has been moving in close tandem with Bitcoin throughout the past several days and weeks, struggling to garner any independent momentum as it ranges This sideways trading has done little to bolster the cryptocurrency’s bull case That being said, analysts have been pointing to its fundamental strength as a reason why it may soon explode higher Data seems to suggest that the crypto only has a 7% chance of seeing any type of intense […] origin »

Binance Pool introduces ‘Smart Pool’ service with higher hash rate and returns for miners.

Binance Pool, a cryptocurrency mining platform dedicated to empowering miners and the global crypto mining industry, recently launched a Smart Pool service to enable higher returns for miners. By auto-switching hash rates to mine different currencies with the same algorithm, the Smart Pool service provides higher hash rates and an increase of returns to its […] CryptoNinjas: Binance Pool introduces ‘Smart Pool’ service with higher hash rate and returns for miners origin »

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EXMO Summer Promo: Zero Trading Commission for all GBP pairs.

Regardless of the trading volume, transaction amount, or any other factors, throughout the entire summer EXMO users will save 100% of commission on transactions with the British pound (GBP). The platform designed a unique promo especially for the UK trading community – trading commission in all GBP pairs is 0% all summer. origin »

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‘Waning’ Safe Haven Status Leaves The Dollar Vulnerable to Bitcoin.

A macro strategist for Deutsche Bank has raised concerns over the dollar losing its safe-haven status if another wave of the pandemic strikes the United States. If the current global reserve currency continues to wane as an “emergency” currency, could Bitcoin eventually step into that role? Macro Strategist Questions USD Safe Haven Premium As Concerns Over Pandemic Resurgence Grows When the economy is under distress, certain assets known as safe havens for capital perform best […] origin »

Bitcoin, Tezos, Dash Price Analysis: 23 June.

The cryptocurrency market appeared volatile over the weekend, however, the overall daily price action did not reflect much deviation in price. The Bitcoin market noted growth as a strong green candle The post Bitcoin, Tezos, Dash Price Analysis: 23 June appeared first on AMBCrypto. origin »

XRP short-term Price Analysis: 23 June.

Disclaimer: The conclusions of this analysis should materialize on the charts over the next 24 hours.  After spending close to 4 days under its resistance at $0.190, XRP briefly touched the importThe post XRP short-term Price Analysis: 23 June appeared first on AMBCrypto. origin »

Cardano, Monero, Zcash Price Analysis: 23 June.

A minor upswing in the cryptocurrency market seemed to have catapulted its collective market cap to $273 billion, with Bitcoin's dominance holding steady at 64.7%, at the time of writing. Following thThe post Cardano, Monero, Zcash Price Analysis: 23 June appeared first on AMBCrypto. origin »

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