Archive for September 17th, 2020

Bitcoin Birch says no retail crypto-wide bull run likely for rest of 2020

September 17, 2020 | By | Reply | 10 Readers More
Bitcoin Birch says no retail crypto-wide bull run likely for rest of 2020

Crypto prices may still be weighed down by a difficult global economic atmosphere, according to Joel Birch, co-founder of automated crypto investing platform Stacked.  “I don’t necessarily think that 2020 is going to be the year of some type of major retail bull run, largely due to the fact that the global economy still lingers […]

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We Have No Plans to Exit Venezuela

September 17, 2020 | By | Reply | 10 Readers More
We Have No Plans to Exit Venezuela

Source: Adobe/dennizn Peer-to-peer (P2P) crypto marketplace LocalBitcoins said it has “no plans” to leave Venezuela – despite the United States Treasury-endorsed sanctions that have already forced one of its rivals to close down its operations in the South American nation. As previously reported, the Office of Foreign Assets Control (OFAC), the Treasury’s financial intelligence and […]

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Bitcoin Price Fails to Close Above $11K But Are Bulls Done Yet? (BTC Analysis)

September 17, 2020 | By | Reply | 10 Readers More
Bitcoin Price Fails to Close Above $11K But Are Bulls Done Yet? (BTC Analysis)

Bitcoin bulls are recovering after failing their first attempt to break over $11,000. Despite a promising rally over $10,900, the surging momentum was insufficient to overcome the strong selling pressure at the critical psychological level. BTC breaking into the overbought region on the 4H RSI will have also contributed to the downward force bearing on the […]

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South Korean government set to bring the blockchain to its citizens

September 17, 2020 | By | Reply | 9 Readers More
South Korean government set to bring the blockchain to its citizens

The government has pledged to offer Ksign £0.98 million to develop a contact-free platform. The platform will support video conferencing and electronic payment. Before this project, the head of the Seocho region had proposed a blockchain-based voting system. The South Korean government intends to introduce blockchain technology into the country’s sector. A report unveiled this […]

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From Bad to Worse as Chainlink Crashes 30% in 2 Weeks, Where’s the Bottom? (LINK Price Analysis)

September 17, 2020 | By | Reply | 9 Readers More
From Bad to Worse as Chainlink Crashes 30% in 2 Weeks, Where’s the Bottom? (LINK Price Analysis)

Chainlink dropped by 3.2% today as it hits the $10.40 support once again. Against Bitcoin, LINK dropped through the crucial 0.001 BTC support as it trades around 0.00097 BTC. LINK/USD – Bulls Nowhere To Be Seen Key Support Levels: $10.40, $10, $9.00. Key Resistance Levels: $11.62, $12.60, $13.35. LINK has been quite dire during trading […]

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Ethereum Bounces on Uniswap (UNI) Token Hype, Is $400 in Sight? (ETH Price Analysis)

September 17, 2020 | By | Reply | 8 Readers More
Ethereum Bounces on Uniswap (UNI) Token Hype, Is $400 in Sight? (ETH Price Analysis)

Ethereum climbed by 4.2% today as it reached the $380 mark. The cryptocurrency broke a descending triangle pattern on the short term charts. Against Bitcoin, ETH is starting to recover as it climbed back above 0.035 BTC. ETH/USD – Etheruem Bulls Break Descending Triangle. Key Support Levels: $364, $350, $336. Key Resistance Levels: $390, $400, […]

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Ethereum Risks Plunging Towards $350 Following Rejected Spikes

September 17, 2020 | By | Reply | 8 Readers More
Ethereum Risks Plunging Towards $350 Following Rejected Spikes

A string of back-to-back upside rejections at a local top is putting Ethereum at risk of correcting lower towards $350. Looking at ETH/USD 1H chart shows the pair attempting to close above $384, a resistance target that had held through extreme bullish biases in the past. It continues to defend bears as Ethereum traders repeatedly […]

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Polkadot’s Treasury Sets Out to Improve DeFi Ecosystem: First Proposals Submitted

September 17, 2020 | By | Reply | 7 Readers More
Polkadot’s Treasury Sets Out to Improve DeFi Ecosystem: First Proposals Submitted

Months following the launch of its mainnet, Polkadot has established a new decentralized platform to fund projects. Called the Polkadot Treasury, it will be run by Council members elected by the community. The Treasury represents a pot of funds collected through transaction fees, slashing, and staking inefficiencies. Polkadot Treasury Established In a press release shared […]

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This crypto mining operator was named Bitmain’s sole North American cooperative repair center

September 17, 2020 | By | Reply | 9 Readers More
This crypto mining operator was named Bitmain’s sole North American cooperative repair center

Crypto mining operator Core Scientific is set to become the first North American cooperative repair center for major crypto mining hardware manufacturer, Bitmain. According to an announcement shared with Cointelegraph, the company will offer repair services for Bitmain’s machines. The company says that this will reduce costs associated with shipping hardware to Asia, and curtail […]

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Decentralized Trading Platform Grows 230% in 2 Days As Paxful Left Venezuela

September 17, 2020 | By | Reply | 8 Readers More
Decentralized Trading Platform Grows 230% in 2 Days As Paxful Left Venezuela

The loss of some is the gain of others, especially the crypto-verse. On September 14, 2020, Paxful announced that it was closing its operations in Venezuela because the OFAC sanctions made it very risky for them to provide their services to Venezuelans. They gave their clients two options: either withdraw their funds in less than […]

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