Bitcoin has been caught within the throes of an intense uptrend throughout the past several days and weeks This has allowed it to post notable gains, despite previously showing signs of weakness as it consolidated at the lower end of its macro trading range The cryptocurrency has now shattered its high time frame resistance at $10,500 One analyst is cautioning investors against growing too bullish when it comes to this latest upswing He is noting […] origin »

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Monday Blues Are Looking Green Today; Many Expected BTC to Drop with A 2.90% CME Gap.

After smashing through $10,000 over the weekend, Bitcoin powered all the way to $10,950. The past week has turned out to be good for the world’s leading digital currency, recording 13% gains. But over half of these gains were made over the weekend, and because unlike the bitcoin market the traditional stock market doesn’t operate […] origin »

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Bitcoin Just Broke a Descending Trendline from 2017; Is the Bull Market Here?.

It has been a wild 24-hours for Bitcoin and the aggregated cryptocurrency market Following a long-held bout of consolidation, the benchmark digital asset is now breaking out and appears to be aiming for a test of its yearly high at $10,500 BTC’s latest break above $10,000 is different from those seen previously and has so far proven to be far more sustainable Analysts are now noting that this movement has also allowed Bitcoin to shatter […] origin »

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DOTUSDT and FILUSDT Become the Latest Perpetual Swap Products on OKEx.

OKEx, one of the popular cryptocurrency spot and derivatives exchange platforms has added two new trading instruments to further expand its derivatives offering. The latest perpetual swap products to find a place for themselves on the list are DOTUSDT and FILUSDT, becoming available on the OKEx website and API at 7:00 AM UTC on July […] origin »

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Cryptocurrency News Roundup for July 27, 2020.

China’s insatiability for water has historically proved to be bad news for the majority of the downstream nations it shares a border with. For example, the massive volume of water it has been hoarding using large dams on international rivers is, in fact, believed to be a primary cause of drought in continental Southeast Asia. origin »

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Two Bearish Signals, One Indicator: Bulls Beware of Bitcoin Push Beyond $10,000.

After trading sideways for several months, Bitcoin may be ready to not only break out of the trading range but also break out from its multi-year triangle pattern. However, bulls must beware of the latest push beyond $10,000 triggering not one, but two sell setups on the same indicator on BTCUSD daily price charts. Bitcoin […] origin »

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Ethereum Posted an Incredibly Bullish Weekly Close, But Will It Keep Running?.

Ethereum’s price action has been front running that of Bitcoin over the past few days This has led some analysts to note that ETH’s strength is actually what catalyzed the ongoing uptrend seen by BTC The cryptocurrency is now showing even further signs of strength as it pushes towards $330 Multiple analysts are noting that the stars are aligning for the crypto and that multiple factors suggest further upside is imminent As for how high […] origin »

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Bitcoin Price Nears $11,000 After Mounting $500 In Minutes.

Bitcoin has gone as high as 10.39 percent in the last 24 hours, breaking above the highly-anticipated $10,000 Mark, and now reaching for $11,000. With other key altcoins like ETH, ADA, LTC, and LINK recording monumental gains, there is no doubt in the crypto community that the top coin is on its way to reaching […] origin »

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CoinDesk Live Recap: Ethereum Culture, Explained.

Maker Foundation board member Tonya Evans and former ConsenSys CMO Amanda Cassatt joined Leigh Cuen on Monday to discuss Ethereum’s ethos. origin »

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BTC Above $11,000, How To Secure Profit From Bullish Moves.

It seems that Bitcoin is out of the consolidation stage and the big move everyone waiting for is upward: the price reached a six-month high of $11,386 or a one-day gain of 10.5% on Tuesday. The increase in price brings a new bout of volatility, with its one-month implied volatility soared 48% to 64% on […] origin »

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BCB Launches Real-Time Payment Network, BLINC, on Bitstamp for Instant Cash-Crypto Settlement.

A press release on Monday confirmed the launch of BCB Liquidity Interchange Network Consortium (BLINC) built by the BCB Group. The liquidity platform is a real-time gross payment settlement platform aiming to replace traditional settlement platforms such as SEPA and SWIFT providing an instant fee-free system for the European and Asian regions. With the BLINC […] origin »

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Institutional Investors’ Bitcoin FOMO: CME Steals the Show & Bakkt is Back in the Game.

Bitcoin is rallying hard, rising to a new 2020 high. The world’s leading digital currency went as high as $11,400 before pulling back to $10,700. Now, we are back above $11k, and if today makes a repeat of Monday, we might get to see $12,000 and more records in volume. The gains resulted in more […] origin »

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Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach.

Around 2,500 stolen bitcoins ($28 million) from the 2016 Bitfinex breach were transferred from the hacker’s wallet on Monday. The last time the Bitfinex hackers moved funds from the hack four years ago, they moved around $5 million worth of coins on June 24. origin »

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The Cost of Bitcoin Surging 15% in 24 Hours: $500 Million in Liquidations.

Bitcoin has seen explosive price action over recent days. As of this article’s writing, the asset trades for $11,200 — more than 10% higher than it was 24 hours ago. The recent price action was expected by many market commentators. origin »

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Coinbase Adds Another DeFi Token to its Earn Program.

Coinbase has added yet another digital asset to its earn program, and this time it’s another DeFi token. The San Francisco-based cryptocurrency exchange announced that now its customers can earn $6 in KNC by watching lessons and completing quizzes about Kyber Network protocol that aims to make swapping cryptocurrencies and digital assets simple and efficient. […] origin »

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Americans to Buy Bitcoin With Their Second Stimulus Checks After Initial Investment Turned in 50% Profit.

U. S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again. The U. S. government is, on Monday, expected to approve plans for this second payout, White House officials have confirmed. origin »

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Ethereum 2.0 Validator Launchpad Testnet Now Live .

The ETH2 research team, ConsenSys, and DeepWork Studio have joined forces to launch the testnet version of the eth2 validator launchpad. The team says the launchpad will make it easier for interested entities to become eth2 validators without compromising on security and education, according to a blog post on July 27, 2020. origin »

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Cardano Plummets Ahead of Shelley, Rebound Expected.

Several technical indexes suggest Cardano sits in overbought territory, but there is a robust support barrier that should allow Ada to rebound. Strong Support Behind Cardano Cardano is set to... origin »

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USD, Global Stocks Appear Shaky While Bitcoin and Gold Soar; Decoupling at last?.

Bitcoin has in the last few hours smashed $11K. The current bull rage was triggered soon as Bitcoin climbed above $10K during the weekend and is set to reach $12K as its initial target. Coincidentally, a look at other markets shows that it’s assets considered safe-haven options that are performing well. All while the USD […] origin »

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Bitcoin Explodes Past $11,000, Liquidating Dozens of Millions Off BitMEX.

Bitcoin has continued to roar higher after our last market update. As of the time of this article’s writing, the cryptocurrency trades at $11,400. This is the highest price the asset has traded in approximately a year. origin »

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Cardano Ready to Launch Shelley Hardfork, But Community Doubts Overreached Success in One Year.

Cardano’s Charles Hopkinson announced a few hours ago that the weekend update implementation was successful and the team is ready to proceed with planned Shelley hardfork and mainnet deployment on July 29th. origin »

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Bitcoin On A Tear As Price Skyrockets Past $11,000.

Bitcoin has just breached $11,000 after an initial breakout above $10,000 on July 27. The ranked 1 digital asset is currently trading at around $11,105 and it’s not facing any resistance levels until $12,300. origin »

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DeFi Tokens Are In For A ‘Rude Awakening’ As Capital Rotates Into Bitcoin.

As Bitcoin has started trending up, altcoins and DeFi tokens that have been hot for the past few weeks have started losing their shine. From Ethereum, XRP, Cardano, Stellar, VeChain to Tron, BAT, and Chainlink, many are seeing red as Bitcoin dominance takes charge once again, jumping above 64%, up from 61.50% on Saturday. Many […] origin »

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This Golden Bull Market Factor Predicts Bitcoin Will Rocket to $14k.

Bitcoin price has broken up out of its trading range and has potentially also broken out of a massive, multi-year triangle. If the breakout can hold and confirm, the first logical target according to an important bull market factor would be $14,000. origin »

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3 Crypto-Friendly Places to Visit After the Lockdown Ends.

In a time where the coronavirus pandemic has ruined travel plans for millions of holiday-goers and businesspeople, the cryptocurrency market has witnessed a striking recovery. Now, most prominent cryptocurrencies are trading at or close to their highest value this year, and are showing few signs of slowing down. origin »

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What Does USDT Actually Mean?.

The world of cryptocurrency can be a confusing one. Altcoin, stablecoin, ICO, whale – there’s a lot of crypto-specific terminology online, and all too often, it’s taken for granted that the reader already understands what it means. origin »

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Digital Bank Revolut Adds Stellar to List of Supported Cryptocurrencies.

Users will now be able to buy and sell XLM on Revolut’s platform, the fintech firm announced Tuesday. origin »

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29 Cryptocurrencies Delisted on Liquid Exchange to Comply With Singapore’s FATF Crypto Regulation.

A major Japanese cryptocurrency exchange, Liquid, has delisted 29 cryptocurrencies to comply with the crypto regulation in Singapore in an effort to become a licensed crypto exchange operator in the country. origin »

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Fireblocks Users Can Send Crypto Instantly to FTX Exchange With Zero-Confirmation Program.

An announcement provided to the BEG desk confirms Fireblocks, a digital asset firm providing institutional-grade solutions to crypto traders, has introduced the “Deposit Acceleration program. ” The program, announced on Tuesday, aims at reducing the time in making crypto exchange deposits by having zero confirmations on the blockchains. origin »

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Crypto Market is ‘Extremely Greedy’ for the First Time in 2020.

Before bitcoin started up-trending last week, its volatility fell below 25%, a level rarely seen in BTC’s history, which had the market expecting a big move. Coin Metrics notes, “Prolonged periods of low levels of volatility encourage market participants to take on greater position sizes, engage in increased leverage, set tighter stops, and reduce the […] origin »

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BTC Marketplace, LocalBitcoins Partners With Elliptic To Integrate Blockchain Monitoring.

Global Bitcoin (BTC) peer-to-peer exchange, LocalBitcoins announces its partnership with Elliptic, a crypto surveillance company, to further compliance on the site. An announcement from the Finland-based company confirms the addition of two Elliptic Solutions to prevent illicit crypto from transacting on the platform, namely, the Navigator risk analysis tool and Lens wallet screener. “By choosing […] origin »

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Bakkt Bitcoin Futures Set New Record High, Dwarfing Previous One.

Bakkt Bitcoin futures smash their previous volume record that was set back in December 2019 origin »

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After Collabing with Paxos For Crypto Banking In The US, Revolut Adds Stellar Lumens (XLM).

Revolut, one of U. K. ’s and Europe’s rising digital banks, listed the 14th largest token, Stellar Lumens (XLM), allowing its customers to buy, sell, hold and transfer the token within its ecosystem. origin »

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Bitcoin Fees Skyrocket 590% Since Mid-June – Supporters Think Mempool Size Is ‘Bullish’.

Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3. 80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has grown significantly. origin »

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Kyber Network - building the liquidity infrastructure for DeFi.

Loi Luu is the CEO and Co-Founder of Kyber Network - one of the best used Defi protocols in the world. Kyber is an on-chain liquidity protocol that powers decentralized applications, exchanges, funds, and DeFi lending protocols. origin »

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Austrian A1 Telekom Announces Crypto Payments with Bitcoin, Ethereum and Dash.

A1 recently announced that users of its cashless payment app can now conduct crypto payments which retailers will receive in fiat. origin »

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Bitcoin Bears on the Prowl as BTC Options Hit All-Time High.

There has been a surge of put option buyers and call option sellers in the BTC options market, indicating that Bitcoin bears are alive and kicking. With over $700 million... origin »

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China’s Blockchain Service Network (BSN) Wants to Unify Blockchains Globally .

Blockchain-based Service Network (BSN) a distributed ledger technology (DLT) project launched by Chinese startup, Red Date Technology, with the full backing of the government, is aiming to beat the odds and bridge the divide between various blockchains across the globe, reports Bloomberg on July 27, 2020. origin »

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Market Update: Cryptocurrency and Gold Markets Fueled by Failing Global Economy.

The cryptocurrency economy has spiked significantly on July 26 into the overnight trading sessions capturing over $300 billion in value. Bitcoin is trading above the $10,360 zone while ethereum is swapping for $321 per coin. origin »

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Vitalik Buterin Says Ethereum Could Become ?Primary Place? Where Bitcoin Activity Happens.

Ethereum co-founder Vitalik Buterin weighs in on the growth of tokenized Bitcoin origin »

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Synthetix Dissolves Foundation, Decentralizes into 3 DAOs.

Synthetix, a leading project in the DeFi space, announced today the end of a six-month process of reducing the Foundation’s role—from now on, the project will be under the control... origin »

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Bitcoin derivatives peak as users turn greedy .

The largest cryptocurrency, Bitcoin finally witnessed great volatility sneaking into the market, after months of remaining dormant. This upwards volatility helped the coin's price to rise by 18% in a The post Bitcoin derivatives peak as users turn greedy appeared first on AMBCrypto. origin »

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Cardano (ADA) Falters on Journey to 2,000 Satoshis.

The Cardano (ADA) price has been moving upwards at an accelerated rate since the end of May. However, it seems that the upward trend has reached its end and a corrective period is likely to ensue. origin »

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Gold Reaches All-Time High as Bitcoin Breaks Above $11k.

The precious metal has gained roughly 28% this year. Bitcoin is up 13% in 24 hours. origin »

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Pending Ethereum Transactions Reach 165,711, as Massive DeFi Demand Clogs Network.

The Ethereum blockchain network reaches 165,711 pending transactions, amid an ongoing DeFi craze. origin »

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Chainlink Loses Key Price Support as Bitcoin Shatters $10,000 Resistance.

Chainlink is set to build a bridge between the banking system and the DeFi space thanks to a new partnership. Despite the significance of the announcement, traders are dumping their... origin »

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A1 Telekom Austria Adds Bitcoin to Payment Service for Thousands of Retailers.

Austria’s leading telecom company, A1 Telekom Austria Group, has announced that its merchant payment service now accepts cryptocurrencies, including bitcoin, for cashless payments. The company operates in seven countries and has 25 million customers. origin »

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Bitcoin's post-halving surge to $10,000 is not like the others .

With Bitcoin breaking $10,000 there is excitement and anxiety. At this important point in cryptocurrency's market, perhaps the most important point of 2020, two questions arise - where does this push The post Bitcoin's post-halving surge to $10,000 is not like the others appeared first on AMBCrypto. origin »

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