Bitcoin price falls below $29K, no surprise given volatility and liquidity metrics

Key Takeaways Bitcoin has softened fallen from $30,000 to close to $28,000 Our head of research looks into the data, arguing the move should not be a surprise Bitcoin’s fixed supply and lack of dividends or earnings means price is entirely demand-driven Thin liquidity in the Bitcoin market exaggerates every move, with 45% of stablecoins […] The post Bitcoin price falls below $29K, no surprise given volatility and liquidity metrics appeared first on CoinJournal.

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Bitcoin Shoots For $28,000 As It Skyrockets On Its Biggest Day Of 2023

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Fidelity not a newcomer to the crypto sector

While the news that Fidelity was entering the crypto space with Fidelity Digital Asset Services came as a surprise to many, the world’s fourth-largest asset management company is actually a bonafide bitcoin early adopter — and was mining BTC as early as 2015

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Janet Yellen, Ex-Federal Reserve Chair, Graciously Accepts Gifted Bitcoin

A Redditor decided to give the notably crypto-skeptic, ex-chair of the Federal Reserve, Janet Yellen, some bitcoin as a gift. Her gracious and open response may surprise some. Bah, humbug As chair of the US Federal Reserve between 2014 and 2018, Janet Yellen’s relationship with Bitcoin was as fractious as one would expect.

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Bitcoin Becomes Less Volatile Than Amazon, BTC Holds Steady At $6,500

Bitcoin (BTC) Is Now Less Volatile Than Amazon, Nvidia, Netflix Stocks As reported by Ethereum World News in early-October, volatility for now-10-year-old Bitcoin (BTC), the foremost digital asset, fell to multi-month lows, as analysts claimed that this market has “just simply run out of juice… becoming boring.

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Report: Despite Price Volatility Blockchain and Crypto Jobs Are In Demand

Glassdoor Economic Research is delivering much needed good news to the crypto community saying that despite extreme price volatility and regulatory uncertainty, the number of crypto jobs in the blockchain and cryptocurrency sector has risen by 300 percent since the same time last year.

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Top 5 Bitcoin Skeptics

With cryptocurrency prices taking a hit this past week, it is only natural for skeptics to share their opinions on crypto. With prices being down close to 90% from their all time highs, it is no surprise why many agree with some critics’ opinions that Bitcoin is a fad and has no real value other […] The post Top 5 Bitcoin Skeptics appeared first on NullTX.

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Bitcoin Mysteriously Drops 5 Percent to $6,250: What Caused the Abrupt Decline?

On Oct. 11, the price of Bitcoin dropped from $6,750 to $6,250, within minutes. The dominant cryptocurrency experienced a massive sell candle which saw traders dump BTC from $6,550 to $6,250 in a 10-minute period.

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Cardano (ADA) Could Moonshot After Coinbase Listing

Chart for ADA/USD (1W) Cardano (ADA) is the cryptocurrency with the highest probability of being listed next on Coinbase. Cardano (ADA), which is supported by IOHK, is the firm run by Charles Hoskinson, the founder of Cardano (ADA).

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UK-Based Exchange Coinfloor Cuts Staff as Volumes Shrink

In a surprise move, Coinfloor, the oldest Bitcoin exchange in the UK, revealed that it would be slashing the amount they have staff soon. The exact number of people to be removed from the company is still unclear, but it is evident that a majority of the 40-people staff will be terminated.

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Bitcoin Stability A Sign Of A Bull Run?

The stability of Bitcoin has always been a bit shaky, however, over the past month or so, the leading crypto has been surprisingly… still. If you asked anyone earlier in the year why Bitcoin could never replace fiat currencies the first reason would most likely be due to its volatility and stability.

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8 tools to take your cryptocurrency trading game to a whole new level

Even though Bitcoin may no longer be at the heights it reached in late 2017, it seems not a day goes by without a new story about cryptocurrency exchanges, mining, and trading. So, it should come as no surprise that many investors have turned to cryptocurrency as a new, potentially lucrative opportunity.

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Bitcoin Price Flirting With The Devil at $6666

The father of crypto is flirting with the devil, trading at $6666 at press time. After days or even weeks of bitcoin hovering at around $6,500 and traveling in a sideways motion, many analysts predicted that a sudden rise like this wasn’t in bitcoin’s immediate future.

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VC Investors Broaden Blockchain Investment Scope

As the ICO space continues to generate headlines, driven chiefly by the ICO boom of 2017 and the early part of 2018, traditional VC firms are making their presence felt in blockchain investment, which may come as a surprise to market observers.

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Another Loss For XRP In The Markets

With the crypto markets being inactive for the past few days, it’s no surprise that they hit back with the old rinse and repeat cycle which has become all too common recently. This has left Stellar, Etherum and XRP are miss with the markets heading into a slump.

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Deep Web Roundup: Intelligence Official Charged With Selling Secrets, Disney Visits the Darknet

A French intelligence official has been charged with selling state secrets on the dark web for BTC. Also in this roundup, we look at a new threat analysis tool trawling deep web sites for certain keywords and detail a surprise namecheck in Disney’s latest movie.

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Galaxy Digital’s Novogratz: Bitcoin (BTC) Is Literally Digital Gold, Bull Run Likely

“Bitcoin Doesn’t Even Need A Use Case To Be Valuable” On Wednesday afternoon, Mike Novogratz, a well-recognized cryptocurrency proponent and former institutional investor, made a surprise appearance on CNNMoney’s “Markets Now” segment to discuss “The Future Of Money.

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Bakkt Have Made Their First Announcement, It’s A Big One Too

Bakkt is still promising to be the next big thing for Bitcoin. Bakkt promises to bring institutional cryptocurrency investment to the mainstream, shattering the dream of the traditional Bitcoin ETF and fostering a new culture of big, crypto investment, through a platform that has been designed to benefit everyone.

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Novogratz Discusses XRP Surge, Bitcoin (BTC) $10,000 Price Target

Galaxy Digital CEO Remains As Bullish As Ever Following the crypto market’s strong rebound on Friday, CNBC Fast Money, who has become near-infamous for its coverage of this early-stage market, called upon crypto proponent Mike Novogratz to make an appearance to discuss the current state of the cryptocurrency industry.

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AWS Mining Cryptocurrency MLM Scam Outed as a Bitcoin Ponzi Scheme

AWS Mining Outed As A Ponzi Scheme Popular scam watchdog site “Behind MLM” published a lengthy article recently outlining their belief that the AWS Mining company is an overt Ponzi scam selling unregistered, illegal securities to unknowing victims.

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Ripple (XRP) Has Already Kicked Off The Altcoin Rally

Ripple (XRP) has already kicked off the altcoin rally. It does come as a surprise considering the change of sentiment that Ripple (XRP) has magically achieved over the past few weeks. As always, the team behind Ripple (XRP) shows a glimpse of its talent.

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Could Gemini Make Its GUSD Stablecoin Nontransferrable?

Winklevoss twins operated Gemini exchange caught everyone by surprise last week when it announced the launch of its stablecoin — Gemini Dollar (GUSD). The coin was developed on the Ethereum blockchain using the ERC20 protocol.

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Nigerian President Demands HSBC Bank Return $100M in Stolen Money

Decentralised cryptocurrencies like bitcoin are anathema to traditional banking. Bitcoin allows people to trade directly with each other, bypassing banks, the conventional middlemen. Banks make money by charging fees for the services they provide, including keeping one’s money in a bank.

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Cofound.it Voluntarily Winds Up, Prompting Suspension of Token Trading

In a surprise move, tokenized project Cofound. it has elected to cease operations. The project, whose CFI token traded on Bitfinex, has decided to call it a day after reflecting on the changing market and the downturn that has turned once vibrant projects into barely going concerns.

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Cardano’s Charles Hoskinson Answers Community Questions in Surprise AMA

Before traveling to South Korea, IOHK and Cardano cofounder Charles Hoskinson hosted a surprise AMA for the Cardano community. During the two-hour long session, Hoskinson answered questions about his health and lifestyle, along with some pressing questions about Cardano.

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Google mysteriously removes cryptocurrency wallets from Play Store

Google removed at least three major cryptocurrency wallets from its Play Store overnight. While the reason for their removal is not immediately clear, Bitcoin. com CEO Roger Ver is blaming Google’s new cryptocurrency mining policy.

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[promoted] Equity Trust Builds New Frontier of Crypto-Based Retirement Accounts

Index funds have more than proven their worth as a preferred option for those with an eye on retirement. But now there is conversation about the value of adding bitcoin and other cryptocurrencies to this investment mix.

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Bitcoin vs. Fiat: The Cryptocurrency Outperformed 3 National Currencies in 2018

As many countries in South America, Africa, and Eastern Europe are in the midst of an economic crisis, depreciating national currencies don’t come as a surprise. What did come as a shock was the fact that bitcoin would be the first to challenge the stability of fiat currencies, outperforming three different national currencies in 2018, as research from Pension Partners...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.

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The Influence Bitcoin Has On The Music Industry

We all know that Bitcoin is massive, but it still hasn’t hit that mainstream appeal yet, but if you mention the word in the street to someone they will (most likely) know what you mean. You don’t only hear the word used by news outlets and fanatics but in music too.

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BTC Price Analysis: Here’s a Little More Confirmation

Bitcoin continues to provide its followers with pleasant surprises, and today’s move above the $7,100 resistance could open the door for gains to $7,500.   Bitcoin Price Market Overview This morning Bitcoin traders were greeted with a pleasant weekend surprise… No, not that type of surprise.

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Bitcoin Price Breaks $7000 Resistance To Hit Surprise Multi-Week High

Bitcoin price briefly broke above $7000 August 28, hitting a new high of $7051 on major exchanges – its highest since August 7. ETF Fever Decouples From Bitcoin Price Data from Bitcointicker and other sources confirm the multi-week highs for Bitcoin , which curiously come on the back of multiple rejections of exchange-traded fund applications by US regulators last week.

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What Is Vectorspace AI?

The cryptocurrency world continues to react with surprise when a Bitcoin ETF proposal is rejected by the SEC. Those with a level head know the SEC will never approve such vehicles without official regulatory guidelines in place.

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Surprise Surprise As SEC Reject ANOTHER Bitcoin ETF

It’s Thursday, which means another deadline for a Bitcoin ETF application within the SEC has approached. In a shocking turn of events (I’m joking), the SEC has rejected the ETF, putting this one at the end of a long list of failed and lost ETF applications.

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Crypto Market Adds 4% After BitMEX Experiences Temporary Outage

After weeks of bouncing around in the $6,000 to $6,600 range, BTC broke out to as high as $7,000 on Wednesday morning to the surprise of many investors. Oddly enough, many analysts and industry leaders were able to pinpoint a single catalyst for this bout of positive price action.

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Paul Krugman Admits Bitcoin Has More Utility Than ‘Dead’ Gold

US economist Paul Krugman appeared to soften his stance on Bitcoin last week in a surprise twist, saying he believes the cryptocurrency “has more utility than gold. ” Krugman: Bitcoin ‘Has Some Chance To Be Valuable’ Speaking at the ChainXChange conference in Las Vegas, which ran August 13 – 15, Krugman, who had previously made a name for himself as a Bitcoin skeptic, even forecast a future in which Bitcoin has “value” as an entity.

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China Ranks EOS #1 and Ethereum #2 as Best Cryptocurrencies, Bitcoin at #7

The Chinese government has been releasing cryptocurrency rankings throughout 2018. This past week, China’s Ministry of Industry and Information Technology released its new cryptocurrency ranking index, placing EOS and Ethereum at the top once again.

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Golf Association Hit by Crypto Ransomware

The Professional Golfers' Association of America got a nasty surprise with some ransomware that demands Bitcoin to decrypt files.

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Legalization of Cryptos in Iran Imminent as Government Looks for Ways to Beat U.S. Sanctions

Iran could soon join the list of countries where cryptocurrencies are officially legal. This move should come as no surprise as the country has already revealed plans to introduce its own national cryptocurrency in a bid to beat US sanctions.

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XRP Price: Sudden Positive Momentum Takes Speculators by Surprise

Even though the current cryptocurrency momentum looks anything but promising, there are always some exceptions to take to look into. The XRP price is gaining a lot of value in fairly quick succession right now, whereas Bitcoin is losing a lot of ground in quick succession.

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Security Researchers Attack McAfee-Backed Wallet for “Unhackable” Claims

With the vast amounts of money going around, it’s no surprise that the greater Bitcoin ecosystem is rife with scams, hacks and cyber attacks of all kinds. Operating in such an environment, cautious users are always mindful of their security and learn to avoid outrageous claims that are sometimes nothing more than just that.

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Dash Network Beats Bitcoin At Transactions In Stress Test

The peer-to-peer cryptocurrency Dash (DASH) successfully confirmed over half a million transactions in a recent surprise stress test, surpassing the highest ever reached on the Bitcoin (BTC) network.

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“Eating Their Lunch:” Blockchain Upstarts Challenge Investment Banks

Access to personal financial data and the emergence of blockchain technology have been the catalyst for a revolution in the banking sector. At the start of this year, banks within the European Union were ordered by the Competition and Markets Authority (CMA) to grant customers access to their personal data.

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Lyn Ulbricht and the Effort to Free Ross: Looking at "the End of the Road”

The darknet site founded by Ross Ulbricht, Silk Road, has been offline for years now. But the legal questions behind his conviction and subsequent sentencing to life in prison without the possibility of parole in 2015, remain fresh, raw and real to Ulbricht’s advocates.

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Dash Price: Altcoins Haemorrhaging as Bullish Momentum Strides on

Although it seems evident the Bitcoin price is going up in value, most of the altcoins do not benefit from this momentum. The Dash price is the only real exception in this regard, thanks to a relatively solid uptrend in the past 24 hours. Dash Price Continues to Surprise It is evident there is a

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Institutional Investors Are in Love With Bitcoin, Grayscale Report Reveals

In its recent Digital Asset Investment Report, Grayscale Investments LLC, an investment company that specializes in cryptocurrency funds, revealed that it has raised $250 million through new asset investments in this year alone.

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Cryptos Sideway at a Market Cap of Just Under $300 Billion

After a surprise jump in bitcoin’s price by some $1,000 on July 17th, bitcoin’s price and much of the crypto market cap has been moving in a straight line for... The post Cryptos Sideway at a Market Cap of Just Under $300 Billion appeared first on Trustnodes.

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Bitcoin (BTC) Likely To Fall To $5,400 After Unsustainable Short Squeeze Pump

To the surprise of many, Bitcoin (BTC) made a big move yesterday all the way to $7,500 in a matter of hours. While many investors were unaware of the real reason this pump occurred, many believed it had something to do with a Bitcoin ETF.

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Malta-Based Company Launches New Euro Backed Stablecoin, EURS

With all the controversy and mistrust surrounding Tether (USDT) it’s no surprise that a multitude of new alternatives have popped up recently. The latest example is from Malta where a company seeking a local crypto license has launched a Euro-backed stablecoin, EURS.

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Charles Hoskinson Holds a Surprise AMA on Reddit Discussing His Experience With Google

Charles Hoskinson is one of the most well-known personalities in the crypto industry. Aside from being the co-founder of both Cardano and Ethereum, and the CEO of IOHK, Hoskinson is known for his bold stance on digital currencies.

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