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Tag Archives: Ethereum

CV Market Watchâ„¢: Weekly Trading Overview (9-16 November)

The crypto market had another heavy shakedown in which Bitcoin (BTC) slid and led to a crash in altcoins. BTC prices moved down from their stagnant positions around $6,400 and crashed into the $5,300-$5,400 range at the lowest. Bitcoin (BTC) Technical Analysis: Crypto Market Unravels $28 Billion, BTC Hits All-Year …

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Bitcoin Rises after Selloff; Other Cryptos Broadly Higher

Investing.com – Cryptocurrency prices recovered somewhat on Friday, as Bitcoin rallied after two-days of losses. Bitcoin gained 1.62% to $5,695.00 on the Bitfinex exchange, as of 8:55 AM ET (13:55 GMT). The digital coin slumped 12% on Wednesday and still remains below its two-month average of the $6,000 range. While …

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Cryptocurrencies Pick Up After Two-Day Selloff

Investing.com – Major cryptocurrencies bounced back on Friday morning in Asia after a two-day sell-off that drove Bitcoin to a one-year-low. The market is still feeling the impact of the downfall earlier this week, which also caused a nosedive in the share values of chip designers shares while a digital …

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Bitcoin Contines to Decline After Big Selloff

Investing.com – Cryptocurrency prices were lower on Thursday as Bitcoin extended its losses after a sharp decline on Wednesday. Bitcoin (BitfinexUSD) declined 12.04% to a one-year low of $5,590 on the Bitfinex exchange, as of 9:16 AM ET (14:16 GMT), after falling 12% on Wednesday. “The market had been entering …

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New York Regulator Grants BitLicense to NYDIG

The New York State Department of Financial Services (NYDFS) has granted its 14th BitLicense, approving the application of New York Digital Investment Group (NYDIG) to offer crypto-related services in the state. In a press release on Wednesday, the state authority said that NYDIG was now allowed to provide secure custody …

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Individual ETH Mining No Longer Profitable, Analysis Suggests

Mining Ethereum (ETH) individually with kits containing graphics processing units (GPUs) is no longer viable, according to an analysis from US-based trading and technology firm Susquehanna. The company’s findings, reported by CNBC on Tuesday, indicate that the monthly profit from ETH mining using GPUs is now an estimated $0, down …

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Bitcoin Extends Losses After Hitting One-Year Low

Investing.com – Bitcoin and other major cryptocurrencies took a nosedive on Thursday morning in Asia, after a major sell-off in the previous session. Bitcoin dropped below a one-year low of $6,000, while some analysts attributed the plunge to spillover in U.S. stock markets. Bitcoin slid 12.91% to $5,697 at 11:02PM …

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Four Fake Cryptocurrency Wallets Found on Google Play Store

Malware researcher Lukas Stefanko has found four fake cryptocurrency wallets on the Google (NASDAQ:GOOGL) Play Store that were trying to steal users’ personal data, according to a blog post published Nov. 13. The apps were posing as cryptocurrency wallets for NEO, Tether and an extension for accessing Ethereum (ETH), MetaMask. …

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Litecoin Tumbles 23% In Rout

Investing.com – Litecoin was trading at $41.609 by 11:32 (16:32 GMT) on the Investing.com Index on Wednesday, down 22.67% on the day. It was the largest one-day percentage loss since September 14, 2017. The move downwards pushed Litecoin’s market cap down to $2.669B, or 1.37% of the total cryptocurrency market …

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Bitcoin Falls 11% In Bearish Trade

Investing.com – Bitcoin was trading at $5,836.8 by 11:32 (16:32 GMT) on the Investing.com Index on Wednesday, down 10.69% on the day. It was the largest one-day percentage loss since February 5. The move downwards pushed Bitcoin’s market cap down to $104.1B, or 53.38% of the total cryptocurrency market cap. …

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XRP Tumbles 22% In Selloff

Investing.com – XRP was trading at $0.43404 by 11:30 (16:30 GMT) on the Investing.com Index on Wednesday, down 21.96% on the day. It was the largest one-day percentage loss since January 16. The move downwards pushed XRP’s market cap down to $17.89359B, or 9.18% of the total cryptocurrency market cap. …

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Cardano Tumbles 20% In Selloff

Investing.com – Cardano was trading at $0.064053 by 11:29 (16:29 GMT) on the Investing.com Index on Wednesday, down 20.38% on the day. It was the largest one-day percentage loss since January 16. The move downwards pushed Cardano’s market cap down to $1.75137B, or 0.90% of the total cryptocurrency market cap. …

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Kik Selects Stellar Over Ethereum for Token Launch

Messenger app maker Kik is quitting ethereum for good as it continues to develop its cryptocurrency, dubbed kin. Launched on ethereum early in the ICO boom, Kik has now announced that it will close kin’s atomic swap with ethereum. Without specifying a date, the Kin Ecosystem Foundation said Wednesday that …

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