The chief financial officer of crypto exchange Binance — currently the world’s largest by daily traded volume — has said business remains profitable, despite the market downturn
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Ever since the crypto asset market began to express signs of onset bear market blues, investors have clamored for oases. While many have cast aside investments in decentralized application-centric platforms, like Ethereum and EOS, for Bitcoin to hedge their formerly-diversified portfolios, many have glossed over MakerDAO, a…
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The number of installed Bitcoin ATMs is always growing. In fact, since 2016, the volume of BATMs has increased by 720 percent with an additional 3600 installed machines across the globe. For those that don’t know, Bitcoin ATMs are kiosks allow the public to purchase Bitcoin and…
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Cryptocurrency adoption cannot happen until cryptocurrency becomes the norm and until currencies like Ethereum have a real use, in the real world. Adoption will be impossible to achieve if we continue to use cryptocurrency behind closed doors, it’s more than just an investment and therefore, the mainstream…
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Amidst the ongoing cryptocurrency bear market, stablecoins have continued to gain prominence, with USDT currently comprising the dominant pairing for three of the four largest cryptocurrencies by market cap.  Also Read: Localbitcoins Trade Surges in Latin America and East Asia USDT Comprises Dominant Pairing for 3 of Top…
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Bitcoin (BTC) has been consolidating above the 21 Day EMA for seven days in a row. The consolidation has now extended so far that the price is almost ready to break out past $3,650 as early as this week. The 4H chart for BTC/USD shows that the…
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Binance, the world’s leading cryptocurrency exchange by volume, is also doing great in terms of profitability, its chief financial officer told CNBC. The statement follows one of the most extended bear phases in the cryptocurrency market, during which the industry lost almost one-third of its valuation. The…
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It has been nearly a week since the market rallied and broke through the $120 billion market cap. Bitcoin, which was leading the race, broke its short-term resistance position of $3,600. Despite this happening nearly a week ago, the crypto leader, and the wider market by extension…
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After achieving a high of $123.18 billion, not seen since mid-January, and following last week’s bullish $9 billion top-up on the global market cap, proponents were hoping for yet another uptrend. However, the market seeped backward to drop to $120.2 billion. Bitcoin Cash [BCH], has been pushed…
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Last year saw a lot of banks in the finance industry adopt blockchain-based solutions and as the technology blockchain becomes more sophisticated, it is expected to spread across various industries throughout this year. Trying to predict the future isn’t an easy thing to do but the guys…
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