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Tag Archives: KEY

Bitcoin Extends Rout After Cryptocurrencies Plunge 12 Percent

(Bloomberg) — Bitcoin continued its slump after losing 12 percent Wednesday and triggering the biggest cryptocurrency sell-off since February. The 10-year-old token fell 3.4 percent to $5,362.96 as of 10:30 a.m. in London after it plunged through a key resistance level. Many of Bitcoin’s closest peers also slid Thursday, while Bitcoin Cash, …

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Bitcoin extends losses, drops to lowest in more than a year

NEW YORK (Reuters) – Bitcoin fell to a more than one-year low on Wednesday, falling below a key support level of $6,000, with traders and analysts unclear on what caused the sudden drop in price. “The market had been entering a wedge, with the volatility so low,” said Charlie Hayter, …

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Bitcoin Price Charts ‘Death Cross’ In First Since 2014

Bitcoin‘s (BTC) price woes may not be over just yet, as a key technical indicator is about to turn bearish for the first time in four years. On the three-day chart, the 50-candle simple moving average (SMA) looks set to cut the 200-candle SMA from above, confirming what is popularly …

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Bitcoin Back on the Defensive After Price Hits Two-Week Low

Bitcoin (BTC) price dropped to two-week lows earlier today and could extend the decline to key support near $6,100, technical charts indicate. The leading cryptocurrency was teasing a bullish move 24-hours ago, having carved out a lower high of $6,270 along the support of the trendline connecting the Oct. 11 …

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Zeniex Exchange Discontinues Activity Within Days

Zeniex, a relatively unknown South Korean exchange, will close operations on November 23, the market operator announced. The closing of the exchange follows the retirement of the ZXG digital asset, an Ethereum-based token. ZXG token keepers turned in their holdings on November 12 for a refund. ZXG was intended to …

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Bitcoin Teases Bull Move After Defense of Key Price Support

Bitcoin could be in for a recovery rally, having defended a key support level over the weekend. The leading cryptocurrency has been looking bearish over the last week. It suffered an ascending channel breakdown on Nov. 7, suggesting a temporary top had been created at $6,540, while the moving averages …

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Alex Sterk, UBQ’s CEO We have recently…

Alex Sterk, UBQ’s CEO : We have recently re-vamped our ‘Ubiq in one page’ blog post. The new post includes a new info-graphic, explaining how Ubiq is different, some other resources regarding Ubiq research blog posts and a history of key Ubiq milestones. https://blog.ubiqsmart.com/ubiq-in-one-page-df1672fb85dd

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Alprockz Partners with Geneva Swiss Bank to Create New Form of Money

Stablecoins became the latest trending and hottest topic in today’s cryptocurrency ecosystem. They are perceived as the answer to key issues faced by cryptocurrencies, i.e their rampant volatility and high risk which inhibits them from realising their primary use case: a medium of exchange and store of value. Stablecoins serve …

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Carbon’s Stablecoin Can Now Be Swapped Between EOS and Ethereum

The U.S. dollar-pegged crypto token CarbonUSD has just launched as the first stablecoin on the EOS platform. The token’s developer, Carbon, announced the news in a press release Friday, adding that it believes making the token interoperable across “key” blockchain networks will provide “most value for the crypto industry in …

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Jay Zhou, LRC’s CMO Loopring is proud…

Jay Zhou, LRC’s CMO : Loopring is proud to join the Blockfolio Signal beta to deliver the latest development updates directly from our leadership team! We want to let you all know that PwC, a global professional services network, has formed a joint research initiative with Loopring. The collaboration is …

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Bitcoin volatility sinks to lowest in nearly two years

By Tom Wilson LONDON (Reuters) – Bitcoin has experienced one of its worst annual price performances of its short 10-year-old life but also appears to have become more stable in the process. Volatility of the original and biggest cryptocurrency has sunk to its lowest for nearly two years, with price …

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The Mysterious East: Decrypting Japanese Crypto Traders

Japan is one of the key countries in the crypto financial world, where the headquarter of Bitcoin.com is situated, the crypto exchange Mt. Gox was established, the Bitcoin’s creator Satoshi Nakamoto name comes from, and cryptocurrencies in general are legalized. But, what do we really know about the growing industry …

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