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Category: Cryptocurrency News

Bitcoin’s Road To Adoption

According to its whitepaper, bitcoin is a peer to peer electronic cash system. Early adopters of the technology hoped it would be used as a transaction means across the globe. This has not been the case ten years later. The flagship cryptocurrency has evolved to become a means of storing value and many other different […]

Altcoin Season Is Over After BTC/USD Dominance Surges To 70%

At $11,760.28 for BTC/USD, the pair has a market dominance of close to 70% which is at 69.7%. This peak was only seen in March 2017 ahead of the historical meteoric bullish run that took Bitcoin to a peak price of $20,089 on December 17th, 2017. Nevertheless, this is not an unusual phenomenon as the […]

Robinhood Enters The UK Market Following FCA Approval

According to an official Press Release from Robinhood Investments Platform, the trading app is set to go live in the UK following approval by the country’s Financial Conduct Authority (FCA). This is a critical milestone for the industry that Cryptocurrency market as the platform is poised to allow more UK-based prospective Crypto fans to conveniently […]

Lolli’s Loyalty Program Is Allowing Shoppers To Earn Free Bitcoin

A new shopping experience is being offered by Lolli’s loyalty program. This project is rewarding customers with up to 30% cashback scheme. Most importantly, the reward is issued as Bitcoin and this model is believed to be a factor that would drive Bitcoin adoption to a new meteoric level. The BTC-based loyalty program also holds […]

Shorting On Bitcoin: Everything You Need To Know

Short selling bitcoin or any other cryptocurrency is a way of making profit when the coin’s value drops. This investment option involves high risks and is best suited for experienced traders. We explore the five different ways you can short sell bitcoin but first, here are the fundamentals: What Short Selling Involves It is essentially […]

Price Projections For Bitcoin, Ripple, Ethereum: Why The Cryptocurrency Market Needs Time

Impatience seemed to set in on Tuesday as Bitcoin was unable to surpass the support price level at $11,260. On the other hand, Ethereum and XRP failed to move above the main moving targets. Meanwhile, Litecoin rose above the 200 simple moving average but couldn’t beat the 50 and Exponential Moving Averages. From past data, […]

FTX Raises $8 Million in Seed Round as BlockFi Raises over $18 Million

On Tuesday, FTX, a cryptocurrency derivative platform, has announced that it made an incredible $8 million in its seed funding round. FTX secured some of the key investors from the industry. They include Consensus Lab, venture capital Proof-of-capital, crypto hedge fund Galois Capital, and FBG, a crypto asset management firm. The Promise of FTX While […]

Bitcoin Pushing Towards $12,000 & More

Bitcoin Pushing Towards $12,000 Bitcoin price is hitting back even harder after the dip experienced in the last few weeks. Its price had plummeted to below $10,000 and raised fears of a bear run. However, the leading digital coin has managed to recover back to over $11,000. It is now pushing its way towards the […]

Why Bitcoin Prices May Go Up This Week

Bitcoin’s price continued to rise at the beginning of the week. A number of factors can be accredited to the uptrend. The same reasons are leading top analysts and crypto experts to believe that bitcoin could reach new highs this month. Bitcoin’s price has been rising since the beginning of the week. The drive to […]

Geely Owned Volvo Unveil Cars Containing Recycled Cobalt Tracked On Blockchain

The world’s first cars to use recycled cobalt whose supply chain is tracked on Blockchain has been produced by Volvo. The global car maker that is owned by a Chinese firm – Geely used recycled cobalt. This strategy could guarantee the brand a positive reception in a market that is becoming more concerned and involved […]
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