Day: January 12, 2021

Trader cries foul play as $30K Bitcoin price dip ends in biggest-ever daily recovery

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Bitcoin (BTC) saw its most successful recovery in history on Jan. 12 after testing $30,000 support, but market participants are already suspicious. Data from Cointelegraph Markets and TradingView followed Bitcoin as it swiftly bounced off lows of $30,250 late on Monday to seal 20% gains in just over 12 hours. Guggenheim sell advice under scrutiny Coming even more quickly than its prior fall over the weekend, the comeback marks Bitcoin’s best daily performance ever, both in U.S. dollar and percentage terms. The numbers will be confirmed once the daily candle…

XLM re-enters top-10 coins by market cap after surging nearly 30%

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Stellar Lumens (XLM) is now the ninth-largest cryptocurrency by market capitalization, overtaking Chainlink (LINK) and Binance Coin (BNB), according to data from major crypto tracking website CoinGecko.  At publishing time, Stellar’s market cap amounts to $6.6 billion, while LINK and BNB’s market caps stand at $6.1 billion and $5.8 billion, respectively. Top-10 cryptocurrencies by market cap chart. Source: CoinGecko Stellar’s return to the top-10 list comes amid XLM’s recent parabolic surge of 80% over the past seven days, according to Cointelegraph’s Stellar price index. At publishing time, XLM is trading at…

Ethereum-Based Nexus Mutual Expands Its Decentralized ‘Insurance’ to Centralized Exchanges

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Nexus Mutual, a startup that provides a decentralized alternative to insurance, is extending its community-based offering to cover users of well-established cryptocurrency exchanges such as Coinbase, Binance, Kraken and Gemini. Until now Nexus, which uses digital tokens to revamp the traditional idea of mutual cover, was only focused on the world of decentralized exchange (DEXs), specifically catering to the explosion of decentralized finance (DeFi), which is susceptible to hacks and losses. However, centralized exchanges also get hacked on a semi-regular basis, and traditional insurance cover within the crypto industry remains…

CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, DEFI News, TETHER News

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, DEFI News, TETHER News Bitcoin Market Capitalization Reaches All-Time High After $ 18,450 Injection Bitcoin’s monumental move to overcome $ 18,450. On the morning of November 18, the Asian trading session was tumultuous as bitcoin prices soared to over $ 18,450 and then plummeted to the 50-hour moving average of $ 17,100. This indicates that many leveraged positions are being liquidated. Since then, BTC has returned to the $ 17,800 level it is currently trading…

Litecoin Approaching Breakout, Why LTC Could Rally If It Breaks $150

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Litecoin price declined heavily below $150, but it found support near $115 against the US Dollar. LTC is currently rising, but it is likely to face a strong resistance near $150. Litecoin started a strong decline below the $165 and $150 support levels against the US Dollar. The price is rising from the $115 zone and it is testing the 100 simple moving average (4-hours). Earlier, there was a break below a key ascending channel with support at $165 on the 4-hours chart of the LTC/USD pair (data feed from…

Danger Signs on Chainlink, Bitcoin, ETH & XRP| Live Technical Analysis

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Bitcoin.com Exchange Announces Public Sale of the IDEA Token on January 26, 2021

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PRESS RELEASE. January 12, 2021 – Bitcoin.com Exchange, one of the leading authorities in cryptocurrency exchanges announces the details of the upcoming public sale of the Ideaology Token (IDEA). Ideaology consists of a freelance platform which will accommodate most of the personnel needed to develop projects. The platform’s mission is to provide a host of freelancers and entrepreneurs with job options, a digital marketplace allowing platform users to sell or buy digital assets and services, as well as: Share materials and experiences. An Idea launchpad. A collection of innovative and…

Bullish or bearish? PayPal hosts $242M in crypto trading over 24 hours

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Global payments provider PayPal has doubled its previous crypto volume record, with $242 million worth of digital assets changing hands on the platform during Jan. 11. According to crypto market data aggregator Nomics, yesterday’s trading dwarfed PayPal’s previous volume record of $129 million recorded on Jan. 6. Since Jan. 1, daily volume has increased by 950% from $22.8. With the spike in PayPal’s volume coming amid Bitcoin’s rally into new all-time highs, the U.S.-based payments firm appears to be gathering popularity among retail traders. Nuggets News’ Alex Saunders asserted the…

872 – NEWS – Coinbase IPO, Ruffer Investment Mua $745 Triệu BTC – Sẽ Không Còn Đủ BITCOIN

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Why ETH Could Face Resistance Near $1,130

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Ethereum declined almost 30% and tested the $900 support zone against the US Dollar. ETH price is currently rising, but it is facing a strong resistance near $1,130. Ethereum started a strong decline from well above $1,200 and traded close to $900. The price is recovering nicely from $912, but it facing hurdles near $1,130 and the 100 hourly simple moving average. There is a major bearish trend line in place with resistance near $1,130 on the hourly chart of ETH/USD (data feed via Kraken). The pair must settle above…