Month: June 2022

BTC Prices Stall, Heading Into Weekend – Market Updates Bitcoin News

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Bitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. Following a strong start to the week, crypto prices have mostly consolidated in recent days. ETH was once again trading close to support at $1,750. Bitcoin Following a strong start to the week which saw BTC hit a high of almost $32,000, prices have since consolidated, trading slightly below $30,000. So far into Friday’s session, BTC was once again lower, as it continued to trade under this level, and has hit an intraday low of…

Dogecoin Market Cap Shed $6-B Last Month

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Dogecoin was one of the cryptocurrencies that took a heavy blow from a market crisis that broke out in March, resulting in a precipitous decline in its market capitalization. According to a chart by Coingecko on Friday, Dogecoin (DOGE) is trading at $0.079378, a decrease of 4.1% over the past week. Its most recent price activity resulted in a market cap of $10,637,807,407 USD. The popular cryptocurrency inspired by memes finished the month of May with a market cap of approximately $11.4 billion. Dogecoin Market Cap Down 35% Dogecoin’s market capitalization…

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Cryptocurrency Hodlers May Grow Fatigued & Capitulate

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Blockchain data suggests that over half of all anonymous private Bitcoin wallets are under water in terms of dollar price performance.  Institutional investors who bought at a high may be under pressure to pare back holdings or rationalize portfolios. Data from Bequant suggests that more than half of all anonymous Bitcoin addresses are holding onto losing positions in the world’s largest cryptocurrency by market cap. According to Bequant, a digital asset firm, 51% of anonymous Bitcoin addresses bought the cryptocurrency at a price well above current levels and “points to…

MOVEZ Soars 30x Hours after Listing on OKX

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Less than a month after the successful multi-platform IDO on top launching pads like BSCPad, Polypad, GameZone, and MetaVPad, MOVEZ, the governance token of MoveZ, is up ??X on its IDO price and is massively outperforming BTC, ETH, and BNB, according to trackers on June 10, 2022. Listing on Top Centralized Exchanges The MOVEZ token, compliant with the BEP-20 standard of the BNB Chain, is now available for trading on OKX, ByBit, Gate.io, and MEXC – some of the world’s leading exchanges with a global presence and millions of clients.…

Bitcoin Lightning Network Capacity charges through 4,000 BTC

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There’s cause for celebration from the world’s largest cryptocurrency. The Lightning Network hit the 4,000 Bitcoin (BTC) public capacity milestone, meaning $120 million in value is ready for peer-to-peer payments. The Lightning Network first broke the 1,000 BTC barrier in August 2020 and the 2,000 BTC barrier in July 2021. The capacity has doubled in the space of 18 months. Lightning Network capacity growth since January 2022. Source: Glassnode. CoinCorner CEO Daniel Scott told Cointelegraph that “we had slow and steady growth with Lightning capacity to begin, but since Jan 2021…

Mercadolibre Inks Partnership With Mastercard to Secure Its Crypto Ecosystem in Brazil – Bitcoin News

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Mercadolibre, one of the biggest “e-tailers” in Latam, has partnered with credit giant Mastercard to make use of its tech to secure the cryptocurrency ecosystem of the company. Through this partnership, Mercadolibre will be able to use Mastercard’s Ciphertrace technology, to allow the company to enhance the control and security of the crypto transactions in its trading ecosystem. Mercadolibre to Strengthen Crypto Vigilance Mercadolibre, a leading e-tailer of Latam, has partnered with Mastercard, the credit tech company, to improve its due diligence when assessing risks in its cryptocurrency…

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