A report published by the British bank Standard Chartered indicates the company’s analysts are bullish about the crypto asset ethereum. The bank’s analysts think that bitcoin could reach $175K and said “structurally, we ‘value’ ethereum at $26,000-$35,000.” British Bank Publishes ‘Ethereum Investor Guide,’ Formulates the Economic Case for Ethereum’ The British multinational banking and financial …
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After touching a high of $52,956 on Monday evening, the very next day the price of bitcoin slid to a low of $42,900 at around 11 a.m. (EST). Bitcoin is currently trading for prices between $46K-$47K per unit and down 8% during the last 24 hours. Bitcoin Price Slides Significantly After Nearing $53K Crypto advocates …
Continue reading “Bitcoin Price Dive-Bombs on the Same Day El Salvador Adopts the Crypto Asset”
The real-world adoption of blockchain technology is a slowly developing process. It requires the proper use cases and a willing public open to new experiences when venturing outside of their comfort zone. An increasing number of real-world applications appear to be the motivating factor behind the recent gains seen in Fetch.ai (FET), a protocol focused …
Continue reading “Fetch.ai ignores the Bitcoin-led market meltdown by notching a 60% gain”
XRP Market Witnesses an Erratic Decline– September 7The XRP/USD market witnesses an erratic decline in its valuation as the downward forces have created a kind of panic sell-off trading situation in the last couple of hours back. It is worthy of noting that the crypto’s price declined past $1 briefly before springing upward to trade …
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Bitcoin Price Prediction – September 7The financial record book kept, showing the market operations between Bitcoin and the US fiat currency has it that the crypto’s price draws backward toward the level of $50,000 while it couldn’t push to upside further beyond $55,000 resistance line. The market’s trading valuation is seen around $51,300 at a …
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NEW YORK – 2015 (InsideBitcoins) — Things take time to catch on for people. Bitcoin is no different. In 2015, the vast majority of Americans had no idea what bitcoin is, what it can do, or the potential of it. And for the first time, there was quantifiable data to support that statement. Coin Center, …
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Anonymous hackers have reportedly undermined a Russian government website in order to launch a Bitcoin (BTC) giveaway scam. The malicious actors targeted a website that belongs to local government officials in the Russian city of Ryazan, reports the local Russian news outlet Izvestia. ADVERTISEMENT Advertised as the “Ryazani online lottery,” the hackers initially claimed …
Over a dozen people have been arrested in connection with a cryptocurrency scam that preyed upon wealthy senior citizens in Taiwan. The Taipei Times reports that local Azure Crypto Co. allegedly ran an online investment scheme that defrauded over a hundred people out of $5.4 million. ADVERTISEMENT Taiwan’s Criminal Investigation Bureau (CIB) is charging …
September 7, 2021 – Singapore, Singapore Solana based venture platform SolRazr has unveiled the first decentralized developer ecosystem for the Solana blockchain, comprising launchpad, accelerator, and developer tools. Designed to be the de-facto fundraising and developer platform for projects building on Solana, SolRazr aims to support the growth of decentralized finance (DeFi) on the high-performance …
Investment firm Franklin Templeton is posting two crypto-related job positions. According to a pair of LinkedIn ads, the firm that holds $1.5 trillion in assets under management is seeking a cryptocurrency trader and a cryptocurrency research analyst. ADVERTISEMENT The asset manager says the trader will mostly trade some of the largest crypto assets by …
Traders were caught flat-footed on Sept. 7 after a sharp collapse in the price of Bitcoin (BTC) saw the digital asset fall below $43,000, and this led to widespread liquidations in derivative markets as more than $3.54 billion was liquidated. Amount of Liquidations in the past 24 hours by exchanges in total $3.54 was liquidated! In …
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A senior executive for Hong Kong’s Securities and Futures Commission, or SFC, believes more needs to be done to tackle cryptocurrency fraud, offering clues about future guidance on digital asset trading in the special administrative region. Deputy chief executive Liang Fengyi said the SFC is obligated to expand the scope of cryptocurrency supervision in the …
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Following a lucrative $206,000 purchase of a popular Bored Ape Yacht Club nonfungible token, or NFT, last week, NBA all-star Steph Curry has reached out to his 15.5 million Twitter fanbase for advice on progressing in the crypto game on Tuesday. The Golden State Warriors guard tweeted: “Just getting started in the crypto game…y’all got …
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El Salvador’s recognition of Bitcoin (BTC) as legal tender has opened up new payment options for its citizens, with fast-food empire McDonald’s reportedly accepting payments in the cryptocurrency through Lightning Network. Journalist Aaron van Wirdum broke the news Tuesday after he visited a McDonald’s restaurant in El Salvador, where he was presented with a printed …
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Bitcoin (BTC) holders took profits on Tuesday, just as El Salvador moved to recognize the digital currency as legal tender in a landmark move that could have significant implications for global adoption. After hitting local highs north of $52,800 on Monday, Bitcoin’s price plunged all the way to $42,900 in Tuesday trading, according to Cointelegraph …
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