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Today in Crypto: Kraken Delists XRP, BlackRock Sells Major Stake in Chinese Telecom & More

The crypto world saw many ups and downs throughout the past week as Bitcoin price volatility saw a couple of major dips as well as recovery post the infamous Monday market crash of nearly $10k.  The top cryptocurrency is currently trying to consolidate its position above $37,000. Other major headlines of the day include, Kraken
The post Today in Crypto: Kraken Delists XRP, BlackRock Sells Major Stake in Chinese Telecom & More appeared first on Coingape. …

The Good Ol’ Fake Crypto Giveaway Scam Still Generates Over $500K a Week, Report

Yes, you may have lost money with the Bitcoin crash. But at least you didn’t give a fake Elon Musk half a million dollars in a crypto scam. …

Bitcoin Stalls Below $39K As Polkadot Surges to $15 And Becomes 4th Largest Crypto (Market Watch)

While BTC remains below $39,000, Polkadot has stolen the show with a massive double-digit surge and a new all-time high of nearly $15. …

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Bitcoin Correlation With US Dollar Reaches a New Low Owing to Recent Printing Spree

Bitcoin bounced back strongly today after a record price crash of more than $10,000 on Monday. The top cryptocurrency is currently trading above $38,000 and looking to reclaim its position above $41,000. At the start of 2020 bitcoin was struggling to keep its position above $10k and had a strong co-relation with S&P 500 leading
The post Bitcoin Correlation With US Dollar Reaches a New Low Owing to Recent Printing Spree appeared first on Coingape. …

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XRP Price Rallies Over 31% WoW Courtesy Asian Exchanges and SECs Administrative Changes

XRP price has rallied by over 31% in the past week despite US-based crypto exchanges continue to delist XRP from their platforms. XRP price recovered from a low of $0.18 in the past week of SEC lawsuit against Ripple and traded over $0.33 briefly before falling back to current $0.28 support region. Data Supports Ripple
The post XRP Price Rallies Over 31% WoW Courtesy Asian Exchanges and SECs Administrative Changes appeared first on Coingape. …

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Survey: Nearly 50% more US financial advisors allocated to crypto in 2020

TL;DR Breakdown: More financial advisors in the US allocated to cryptocurrencies in the past year. Interest in crypto is also rising amongst these advisors in 2021. Unarguably, the digital currencies market had an outstanding performance and growth in the just-concluded year. After the market crash in March, especially, cryptocurrencies like Bitcoin (BTC) became very attractive […] …

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Breaking down the 20% Bitcoin market crash: over $2.8 billion liquidated

It’s been a bloody past day for the Bitcoin and broader crypto market.
The post Breaking down the 20% Bitcoin market crash: over $2.8 billion liquidated appeared first on CryptoSlate. …

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Bitcoin awareness: Adults are gradually becoming familiar with BTC

TL;DR Breakdown: Adults in the US are gradually becoming familiar with Bitcoin. Men are more familiar with Bitcoin than women. Notably, Bitcoin awareness has been increasing steadily with every proceeding year, and the price of the cryptocurrency has been a major factor contributing to this. Especially in 2020, the crypto gained more attention after it […] …

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Why the Bitcoin price suddenly fell 5% in three hours—and where it goes next

The price of Bitcoin abruptly fell by over 5% in just three hours on January 10.
The post Why the Bitcoin price suddenly fell 5% in three hours—and where it goes next appeared first on CryptoSlate. …

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Bitfinex whale “claims” $1.7 billion Ethereum long opened in March 2020

If you’ve been on Crypto Twitter any time over the past year, you’ve likely seen much discussion about Bitfinex’s Ethereum market.
The post Bitfinex whale “claims” $1.7 billion Ethereum long opened in March 2020 appeared first on CryptoSlate. …

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Litecoin price prediction: LTC to $130, analyst

TL;DR Breakdown Litecoin price prediction expects a fall towards $130. Strong resistance lies at the $172 mark. Strong support lies at the $155 mark at the time of writing. Litecoin suffered from some major fluctuations during the day. The cryptocurrency peaked at $180 for the day, while the 24-hour low for Litecoin was $155. At […] …

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Bitcoin Price Prediction: BTC/USD Sets New High as Price Stays Above $41,000

Bitcoin (BTC) Price Prediction – January 8 After a minor downside correction, Bitcoin price begins a fresh increase above the $40,000 level as the king […] …

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Bitcoin’s Dormancy Flow Reaches Key Threshold, Hodlers Not Ready To Sell

Bitcoin today created another new all-time-high by breaching $41,000 early today after seeing a minor rejection at $40,000 yesterday and the equity adjusted dormancy flow for Bitcoin has reached a very key threshold. Glassnode, a blockchain analytics firm which offers on-chain metrics for different cryptocurrency recently revealed that the top cryptocurrency’s Dormany Flow has reached
The post Bitcoin’s Dormancy Flow Reaches Key Threshold, Hodlers Not Ready To Sell appeared first on Coingape. …

Ethereum 2.0 Staking on Exchange vs. Creating Your Node: What You Need to Know

Ethereum 2.0 staking is becoming a growing consideration for users who want to earn passively on their ETH. But should you run your own node or use an exchange-based pool? …

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Bitcoin price prediction: Analyst suggests hodling

TL;DR Breakdown Bitcoin price prediction expects a sway in the price. Strong resistance lies at the $35,800 mark. Strong support lies at the $30,000 mark. So far, the king of cryptocurrencies has been on an upward trajectory with no move towards the dreaded corrections analysts have been predicting. A new high of around $35,750 was […] …

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Bitcoin price prediction: BTC may retrace to $23000, analyst

TL;DR Breakdown Bitcoin price prediction expects a correction to $23000. Strong support is found the $28000 mark. Strong resistance lies at the $33500 mark. The king of cryptocurrencies has been on a roll, establishing record highs one after the other. The king crossed the dreaded resistance level of $30k and established a new all-time high […] …

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Bitcoin Funding Rate Cools Down, Traders Predict BTC Bull Run to Continue

Bitcoin today registered one of its largest price crash in a single session when its price fell from above $34,000 to a daily low of $28,772 registering a fall of over $5,000 within a few hours. The top cryptocurrency has recovered well in the past hour and currently trading just below $32,000. While many were
The post Bitcoin Funding Rate Cools Down, Traders Predict BTC Bull Run to Continue appeared first on Coingape. …

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Bitcoin Price Crashes by $5,000 as Asian Whales Start Selling, Would US Market Follow the Suit?

Bitcoin price finally showed signs of market correction as its price crashed by over $5,000 to record a 24-hour low of $28,286. The selling pressure was mounting on the top cryptocurrency as it defied many odds to continue its rally above $34,000 initiating on Christmas eve. Many believe the current market correction was triggered by
The post Bitcoin Price Crashes by $5,000 as Asian Whales Start Selling, Would US Market Follow the Suit? appeared first on Coingape. …

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Can Bitcoin Rally to $100K After Highest Weekly Close?

Bitcoin has made another milestone recording its highest ever weekly candle close. Analysts and investors are expecting this rally to continue into 2021 with some eyeing six-figure prices. …

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Bitcoin Price Analysis: Can BTC Surpass $20K Soon Despite The CME Gap?

Bitcoin price is recovering from yet another heavy sell-off this week after prices fell $1,600 on December 1 to a low of $18,100. Despite fears of BTC closing the substantial CME gap below between $18,275- $16,995 (see chart), bullish traders have managed to successfully drive prices back above the psychological $19,000 mark. If they can […] …

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Top fund manager thinks Ethereum DeFi shorts make little sense here

It’s been a brutal past two months for the DeFi market.
The post Top fund manager thinks Ethereum DeFi shorts make little sense here appeared first on CryptoSlate. …

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Bitcoin to $1 Million By 2025, Says Raoul Pal

Using a regression on the logarithmic chart since inception, Raoul Pal, CEO of Real Vision Group came up with a model that predicts Bitcoin at $1 Million by 2025.
The post Bitcoin to $1 Million By 2025, Says Raoul Pal appeared first on CryptoPotato. …

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S&P 500 To Hit 4,000 In 12 Months, Veteran Strategist Predicts: Bullish For Bitcoin?

Despite the COVID-19 pandemic, prominent strategist believes the S&P 500 will reach 4,000 in a year. Will this be bullish for Bitcoin?
The post S&P 500 To Hit 4,000 In 12 Months, Veteran Strategist Predicts: Bullish For Bitcoin? appeared first on CryptoPotato. …

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Robinhood Secures $280M in Series F Funding, Plans to Expand Globally

In brief: Robinhood has secured $280 Million Series F funding after an $8.3 Billion valuation.  The funding will drive a push to expand the platform globally.  Robinhood also plans on scaling the platform and offering more products to users.  The team at the popular trading platform of Robinhood has announced that the firm has secured $280 Million series F funding after an $8.3 Billion valuation. The round of funding was lead by Sequoia Capital which is an existing investor of […] …

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EMX Exchange Halts Trading of USOIL-Perp After Crude Oil Crash

In brief: Everyone was shocked when US Oil prices hit zero and global futures contracts fell hard into negative territory.  Such an event had not been anticipated by the team at the EMX exchange.  The team halted trading of its USOIL-Perp contract.  Trading of the perpetual contract is yet to be reopened as the team decides on a way forward. Yesterday’s price movement of US Crude Oil shocked everyone. The majority of traders were confident that the price of the […] …

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Ethereum’s (ETH) Price Holds $168 Support Amidst Historic Oil Dump

In brief: The price of US Crude oil fell hard to $0 with its futures contracts going as far down as $-40. The once in a lifetime event, shook the crypto markets with Bitcoin (BTC) going back below $7,000. At the time of writing this, the price of Ethereum (ETH) is holding the $168 support zone. Analysts across the world have constantly been calling for a recession but no one was prepared for yesterday’s (April 20th) price action of US […] …

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Why Staking Crypto such as TRX, KAVA and more is Gathering Steam

In brief: The Coronavirus crash of mid-March has resulted in a lot of crypto traders being cautious.  The dominance of stablecoins is proof that they are waiting for favorable crypto conditions to get back to trading.  Staking crypto on the various exchanges has provided an alternative to trading and/or storing value in stablecoins.  The Bitcoin (BTC) and crypto market crash of mid-March was one event that not too many traders believed would happen. The majority of Bitcoin enthusiasts believed that […] …