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Elon Musk Reaffirms His Crypto Allegiance

Elon Musk, the CEO of Tesla and Spacex, has, at last, reaffirmed his cryptocurrency allegiance, after a series of contradictory signals that collaborated with the market plunge this past week. Musk affirmed he ultimately favors cryptocurrency against fiat-issued money on Twitter, something that was seen as a clear rebuff from his earlier statements where he […] дальше »

2021-5-23 16:36


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Fed Begins to Taper QE- US Central Bank Removes $351 Billion in Liquidity via Reverse Repos

After pumping extreme amounts of liquidity into markets, the U.S. Federal Reserve seems to be tapering back monetary easing policy via reverse repos (RRP). Following this week’s published minutes report from the Fed’s April monetary policy meeting, it seemed as though members of the central bank were prepared to discuss rolling back large-scale Treasury and […] дальше »

2021-5-23 23:00


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MicroStrategy’s Saylor On Why China Banning Bitcoin Mining Completely Could Ignite The Most Bullish Cycle

The Chinese government has made its intention to crack down on Bitcoin mining public, with Premier Liu He announcing as much this Friday. The world’s most expensive digital currency has undergone a massive bearish move over the past week, with Elon Musk poking a hole in pertinent affairs and news of China’s strengthened stance breaking […] дальше »

2021-5-22 18:06


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Apollo Space Token’s Decentralized Star Naming Registry Marks Huge Success in Just a Week of Launch

It is no doubt that Non Fungible Tokens have emerged as an instrument of high significance in the crypto sector considering its successes and the rising enthusiasm it keeps gaining in the industry. Initiated NFT projects are thereby making consistent success stories while gaining the interests of top celebrities all around the world. Relatively, a […] дальше »

2021-5-22 17:34


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Bitcoin could hit $100,000 despite recent bear run – Willy Woo says

The price of Bitcoin dropped heavily this week by nearly 40%, which has generated concerns that the unprecedented bull-run of the cryptocurrency has ended. However, popular Bitcoin analyst Willy Woo believes it’s not yet over for Bitcoin (BTC/USD), adding that the most valuable cryptocurrency has still some juice left in its Bull-Run. дальше »

2021-5-22 14:29


How Another Chinese Power Outage May Have Led to Bitcoin’s Flash Crash This Week

Earlier in April, an accident at a Chinese coal mine in Xinjiang sent Bitcoin network’s hash rate plummeting 30% in a span of a day, which crippled the major cryptocurrency’s rally.  Now, Bitcoin’s hash rate is suffering a similar loss as miners based in Sichuan, China face limitations on power usage.  The State Grid in […] дальше »

2021-5-22 05:02


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Bearish Rumble Intensifies As China Moves To Crack Down On Bitcoin Mining and Trading Activities

China appears to be ready to go to war with Bitcoin and other cryptocurrencies just about a month removed from changing its stance on digital assets. Earlier this week, it was reported that the country had banned financial institutions from conducting any crypto transactions but subsequent claims pointed out that the powers that be are […] дальше »

2021-5-22 20:25


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Recent Blackout of Multiple Exchanges Linked to Ostensible “Planned Crypto Crash”

Time and time again, cryptocurrency exchanges, the middlemen between crypto-assets and buyers have had a major influence on the cryptocurrency market and price movement time and time again. Crypto Users probe into exchanges Downtime In an extremely volatile market like the one we saw this week, a shutdown from a leading exchange could cause users […] дальше »

2021-5-22 19:03


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Bitcoin Hashrate Slides- Low BTC Prices, Sichuan Wet Season, Upcoming Difficulty Spike to Blame

While bitcoin prices plummeted this week, the network’s hashrate has also dropped considerably since tapping a high on May 9. Since then, the hashrate has seen swings between 10-15% because of the crypto market downturn, alleged issues with power outages in Sichuan, China, and the upcoming difficulty change. дальше »

2021-5-20 22:00


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Alameda Research: Over-Leveraged Liquidations Fueled Crypto Markets Bloodbath

As the global crypto markets try to recover from the latest bloodbath that saw the value of the global cryptocurrency markets crash significantly below the psychological $2 trillion this week, analysts have revealed that the correction was not entirely caused by Elon Musk’s actions or the latest China crypto ban, but largely due to liquidationsRead More дальше »

2021-5-20 15:30


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Defi Economy Lost $20 Billion This Week, Decentralized Exchange Volumes Still Sky High

While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi touched $87 billion on May 11, and since then the aggregate total has slid to $66 billion in value. Weekly […] дальше »

2021-5-20 05:00