Quick Take DigixGlobal, the company behind DigixDAO (DGD), is considering a full liquidation of DigixDAO’s treasury balance of 386,250 ETH and returning it to DGD token holders Because DGD’s market cap currently trades at a 60% discount to the value of ETH in its treasury, a full…
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After Shanghai, the government of another Chinese city – Shenzhen – is now investigating cryptocurrency exchanges. The finance bureau of Shenzhen municipality has identified 39 undisclosed cryptocurrency exchanges for inspection, the Shenzhen Special Zone Daily, affiliated with the Communist Party of China (CPC) Shenzhen Committee, reported Friday.…
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Ethereum price falls another 7%, decreasing significantly ahead of the weekend, showing elements of a bearish market. The post Ethereum Crashes, Dropping Over 7%, as Crypto Bear Strengthens appeared first on Coin Insider.
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On 21st November, The Block published an article claiming that Binance’s Shanghai shutting down its Shanghai office following a police raid. The publisher did not [...] The post Binance CEO & Crypto Community Lash Out Against The Block’s FUD-Creating Article on Binance appeared first on Coingape.
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Digital currency prices have been dropping in value this week and on November 21 the entire cryptoconomy fell below $200 billion. At the moment, most cryptocurrencies are down between 4-12% in the last 24 hours and 10-25% over the last seven days. Traders are currently pondering what…
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CipherTrace recently announced this month that it has just started support for the public blockchain network developed by Binance. The California-based leading blockchain firm has stated that it is getting ready to provide assistance to application developers. The Menlo Park, California-based leading blockchain and Big Data analytics…
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Bitcoin has inflicted some serious pain on the bulls in the past few weeks. Since last Friday, 547.5 million shorts have now been liquidated and a lot more might yet be liquidated. The bulls have been drawing trend lines on their charts hoping for the price to…
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Swing traders are watching closely as Bitcoin and many altcoins are deeply oversold and a sharp relief rally could occur over the next few days
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Crypto market cap drops by $45 billion in a week BitMEX liquidates $128.5 million in BTC long contracts Since hitting a yearly high of $366 [...] The post BitMEX Liquidates $400 Million in 2 Days as Bitcoin Experience Double Digit Losses appeared first on Coingape.
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Earlier this month, the Stellar Development Foundation (SDF) announced that it had cut down available Stellar Lumens (XLM) by half, burning at least 55 million tokens. At the time, several dissenting reactions poured in as expected, about the decision to do that, and its possible effects on…
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