Day: December 23, 2020

Here’s the Key Level Bitcoin May Tap Before Rocketing Higher

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Bitcoin has seen some mixed price action over the past few days, but it had primarily favored the cryptocurrency’s buyers. While the resistance in the lower-$24,000 region has proven to be a major hurdle for the crypto, each decline sparked by rejections at this level has proven to be short-lived and followed by serious upside. This pattern of setting higher lows does indicate that bulls are still in full control of the crypto’s price action. It is important to note that BTC’s strength has come as the entire altcoin market…

Bitcoin price hits $16k! Binance and EXMO crypto market overview. BTC trading prospects

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #Bitcoin#crypto#trading Bitcoin price pump occurred due to PayPal. But what will happen with BTC next? Crypto trading news are good and we discussed current market conditions with Gleb Kostarev – Eastern Europe director in Binance and Mary Stankevich – CBDO of EXMO cryptocurrency exchange. Watch the video! Subscribe to our channel to know latest blockchain & bitcoin & crypto news. Article about DeFi: Join our trading community – Subscribe to the best Bitcoin news – Register on EXMO exchange – Trade Bitcoin…

Ripple CEO Turns Down SEC Settlement Offer Electing to Fight Charges Instead

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Earlier this week, the Ripple CEO Brad Garlinghouse said the SEC intends to file charges against the San Francisco-based fintech giant. This was an unusual move in that it’s typical for regulators to go public first. Ripple was unsure when the SEC would announce the news. But as sure as night follows day, the SEC has now posted a press release on the matter detailing the nature of their complaint. They allege Ripple, its co-founder Chris Larsen, and Brad Garlinghouse raised over $1.3 billion by selling an unregistered asset. The…

Coinbase IPO to further legitimize crypto, but limitations remain

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In some ways, the Coinbase exchange is the poster child for the crypto industry. It has embraced — not fought — regulation, which sets it apart from most cryptocurrency exchanges while the firm’s trading app is praised for its ease of use. When JPMorgan Chase decided to extend traditional banking services to crypto firms in the United States earlier this year — a precedent-setting move — it began with Coinbase and Gemini, another registered U.S. exchange. Therefore, last week’s report that Coinbase filed a draft registration for an initial public…

MSC.VX 20 THE BEST SOFTWARE MINING BITCOIN IN 2020 PROOF PAYMENT

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Bitcoin dominance hits 1-year peak amid XRP sell-off as $24K briefly returns

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Bitcoin (BTC) kept the volatility coming on Dec. 23 as a dive to $22,800 sparked a lightning-fast rally to classic $24,000 resistance. Cryptocurrency market daily performance. Source: Coin360 BTC dominance hits highest since late 2019 Data from Cointelegraph Markets, Coin360 and TradingView tracked BTC/USD as factors including panic among XRP traders made unstable conditions prevail. At press time, the pair was circling $23,700 after briefly heading above sell levels at $24,000. All this happened in the same few hours which saw Bitcoin go from current levels to $22,800 in a matter…

Signals of Hope for Crypto Gold-Bugs? Renewed Signs that Gold-Linked Tokens Are Making Comeback

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Gold protected tokens like GoldFinX appears to be the best investment source for institutional and retail investors since they can be easily traced back to find its custodial asset backing its worth. The current market perception for cryptocurrencies has been shifting recently, in a seemingly ever more positive direction, even with the global economy suffering massive blows from the prevailing pandemic. Facebook‘s Libra and JPMorgan‘s JPM coin are anticipated to launch in 2021; Bitcoin and other digital assets have emerged as top choices for investors due to their low correlation…

Origin Protocol Announces Staking for Origin Tokens to Reward Long-Term OGN Holders

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Origin also says its staking program will help limit its token’s circulation supply, which will benefit the project’s token economics. California-based Origin Protocol has launched its native OGN Token staking program, the company announced via a medium post. The initiative, which was launched on the Origin Dollar (OUSD) DApp, allows participants to earn up to 25% yield by staking their Origin Tokens. 30-day staking will allow users to earn 7.5% annualized interest, 90-day staking will get a 12.5% annualized return, and a year of staking OGN will bring a 25%…

AAPL Stock on Rise after Latest Reports on Self-Driving Apple Car Plan

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Apple (APPL) saw a 1.2% gain on December 21, just an hour after the company announced their car plans. Its share further went up by 2.75% on that day and rose to 4.8% on December 22, trading at a $131.88 close. Apple Inc (NASDAQ: AAPL) stock is the latest flaming commodity on the stock market as news broke about its plan to produce a self-driving car which according to them should be available by 2024. Apple (AAPL) rose as much as 4.7% on Tuesday following reports that the tech giant…