Tag: crypto

Crypto Price Analysis & Overview July 10: Bitcoin, Ethereum, Ripple, Cardano,and Doge

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Bitcoin Bitcoin saw a small 1% increase this week as it continued to trade sideways within the confines of a symmetrical triangle pattern. BTC has been trapped within this triangle since the start of June 2020, and a breakout will dictate the next direction. Looking ahead, if the buyers can rebound from the lower boundary […]
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Bityard Beginner’s Guide & Exchange Review

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Bityard is a cryptocurrency derivatives exchange that’s headquartered in Singapore, according to its official website. It accepts traders from more than 150 countries and claims to provide fast and secure cryptocurrency trading services. It’s important to note that Bityard is an exchange that operates entirely with derivatives. As such, there are no Bitcoin spot trading […]
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Open Interest on Binance Futures Up 180% in June Despite Lower Trading Volume

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Binance Futures traders held more open positions in June compared to May, even though trading volumes declined month-on-month.  Open interest on Binance Futures rose 180% in June compared to May, from 220 million USDT to 580 million USDT. Binance concluded that this might anticipate an increase in Bitcoin volatility. Traders Held More Open Positions in […]
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Binance donates over $60,000 worth of COVID-19 face masks to UK National Health Service

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Leading digital currency exchange, Binance has made another donation aimed at combating the coronavirus pandemic, particularly in the United Kingdom (UK). Today, the philanthropic unit of the largest crypto exchange donated about 27,000 KN95 COVID-19 face masks to the UK National Health Service (NHS).  Binance donates over $60,000 in COVID-19 face masks As reported, the […] …

How to mine TRON

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Tron (TRX) was founded in 2017 by entrepreneur Justin Sun’s non-profit organization called the Tron Foundation. TRX was built with the aim of creating a free and global digital content entertainment system that allows for easy and cost-effective sharing of digital content. Despite facing its share of controversies, Tron (TRX) has grown into one of […] …

Ripple price in a downtrend, $0.17 is the main support line

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The Ripple price may be recovering. The path of least resistance could be on the upside given the project’s numerous fundamentals that scream “buy.” Still, prices are capped, dragging investors’ hope as XRP oscillates within a tight trade range. The XRP security or utility question Presently, what’s trending is XRP’s classification. As the third most […] …

Despite Chainlink adoption, a crucial LINK metric is reaching “dangerous” levels

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Of all leading cryptocurrencies, Chainlink (LINK) has seen some of the strongest adoption-related news over recent weeks.  Multiple reports have been released about the project’s oracles — its flagship product — being integrated by prominent firms and blockchains in the industry.
The post Despite Chainlink adoption, a crucial LINK metric is reaching “dangerous” levels appeared first on CryptoSlate. …

Cuban crypto industry rises amidst a crippling economy

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As Cuba grapples with serious economic challenges, the Cuban crypto industry is registering an uptick. Though unfortunate, the sliding economic environment is pushing people towards decentralized cryptocurrencies to protect their wealth. Crippling food shortages, unemployment, and Coronavirus pandemic have all led to a thriving crypto industry. Venezuela no longer provides aid to Cuba. ‘Mules,’ or […] …