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What USD 17,000? Bitcoin Just Smashed USD 18,000

Bitcoin (BTC) rally keeps accelerating as the price jumped from USD 17,000 to USD 18,000 in less than a day. The most popular cryptocurrency briefly touched USD 18,020 on 04:00 UTC before correcting lower and then rallying again. At the…
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Analysts Explain Why Buying Bitcoin at $16,000 is Risky

Bitcoin bulls should brace for inflection as the cryptocurrency closes above $16,000, according to Marc Principato of Green Bridge Investing. The executive director projected the level as an opportunity for traders to lock in some profits.…
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Bitcoin is Poised to Rally Towards $17,000 Next as Outlook Grows Bright

Bitcoin and the aggregated crypto market are currently consolidating, with buyers and sellers both struggling to gain any control over its near-term outlook. Where the entire market trends next will depend on BTC, and there’s a solid…
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Bitcoin Signaling Start of Corrective Decrease, Why $15K Is The Key

This past week, bitcoin started a strong upward move above the $15,500 and $15,800 resistance levels against the US Dollar. The BTC/USD pair even rallied above $16,000 and settled well above the 100 simple moving average (4-hours). It…
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Bitcoin Tests Key Parabolic Trendline as Uptrend Shows Signs of Slowing

Bitcoin has seen some brutal price action throughout the morning, with overleveraged long positions being shaken out with a brief dip down to $15,700, while those panic shorting were then liquidated by a sharp rebound. This price action…
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Bitcoin Cash Faces Increased Selling Pressure Ahead of Hard Fork

With the Bitcoin Cash (BCH) hard fork fast-approaching, BCH inflows to exchanges reached their highest point in eight months, and it appears that more market participants want to sell than buy the coin, according to the data provided by…
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Bitcoin Sees 200 Days of Gains; Here’s the Key Level It Must Keep Holding

Bitcoin has been seeing one of the strongest and most sustainable moves higher it has seen in ages, with the benchmark cryptocurrency surging as analysts eye further upside. This strength isn’t showing any signs of wavering, as buyers have…
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US Firm Lawyers Claim Millions in Royalties from Bitcoin ATM Operators

A company called First Bitcoin Capital, freshly acquired by the software company BOTS, said it is looking to start collecting royalties from bitcoin (BTC) ATM operators and manufacturers, and potential copyright infringement offenders –…
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Bitcoin Cash Users Move $257 Million of BCH to Exchanges Ahead of Hard Fork

Bitcoin Cash users have moved over $257 million worth of BCH to cryptocurrency exchanges in the last seven days, ahead of the cryptocurrency’s contentious hard fork scheduled for November 15. According to Chainalsysis’s chief economist,…
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Ripple Initiates $46 Million XRP Buyback in Q3

San Francisco-based tech company Ripple has initiated its first buyback of XRP in the third quarter of 2020, citing support for “healthy markets.” According to a report, Ripple bought $46 million XRP in order to support its new Line of…
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