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NYSE-listed Chinese Lottery Outfit Expands Bitcoin Mining Investment

500.com — a New York Stock Exchange (NYSE)-listed Chinese sports lotto company is expanding its investment outlay in the Bitcoin (BTC) mining arena. The firm is the latest to increase its hardware inventory as the global Bitcoin mining hash race continues to intensify following the halving that occurred back in May 2020. 500.com Acquires MoreRead More дальше »

2021-2-4 02:00


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Grayscale May Launch New Trusts for AAVE, Monero, and Polkadot

Grayscale, a New York-based crypto fund describing itself as an authority in digital asset investing and cryptocurrency asset management, appears to be readying themselves for a DeFi future judging from their document submission for registration of several new trusts among them for a decentralized finance governance token, checks on Jan 28 shows. Focus on Interoperability,Read More дальше »

2021-1-29 14:00


Bitcoin is above $30k - Bull market price discovery mode activated

Bitcoin achieved a new all time high today of over USD $33,100 Bitcoin is now in full price discovery mode and looks set to continue as the bull market heats up. With a reduction in supply following May’s halving, increasing demand from institutions, and a strong narrative that Bitcoin is a store of value, Bitcoin’s future has never looked brighter. дальше »

2021-1-5 14:05


Only 27% of Circulating Bitcoin has Moved in 2020; Why This Matters

Bitcoin’s ongoing bout of sideways trading has offered little insight into its mid-term outlook. New data now shows that Bitcoin’s price action throughout 2020 has been driven by a significantly limited number of market participants, which may explain why the crypto has been ranging between $9,000 and $10,000 for over six weeks. According to one […] дальше »

2020-7-1 04:00


Data Shows Recent Bitcoin Difficulty Adjustment May Kickstart New Accumulation Phase

Bitcoin is currently trading just below its most important resistance yet, gearing up for what most crypto analysts expect to be a major move. However, data suggests that sell pressure from miners adjusting to the newly reduced block rewards combined with quiet accumulation may be responsible for the recent sideways price action. Bitcoin Sideways Trading […] дальше »

2020-6-23 23:00


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Will Ethereum’s “New Market Cycle” be Enough to Stop it From Plunging Lower?

Ethereum has seen a distinct divergence between its fundamental utility and its price action Despite seeing unprecedented usage rates, the cryptocurrency’s price action has been closely correlated to that of Bitcoin and the aggregated crypto market One prominent investor is now noting that ETH appears to be entering a new market cycle This comes as the explosively popular DeFi trend continues gaining major traction From a technical perspective, some analysts do believe that it may […] дальше »

2020-6-22 22:00