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Crypto Market Wipes Out $8B, Bitcoin Cash Down 24.4% in 1 Week

TwitterFacebookLinkedIn Over the past 12 hours, more than $8 billion was wiped out from the crypto market, as several major digital assets including Bitcoin Cash (BCH) and Stellar (XLM) suffered. For the first time in the past ten days, the…
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Bitcoin Price Decline Will Persist until Mid-2019: Crypto Analyst Willy Woo

TwitterFacebookLinkedIn When the bitcoin price flatlined near $6,500 in mid-October, many crypto analysts predicted that the bears had finally become winded following a market downturn that has persisted for nearly a year and that the market…
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Why Comparing Bitcoin with Centralized Systems Based on TPS is Wrong

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Market Still in Good Position; Real Crypto Volume 2x Larger

TwitterFacebookLinkedIn In an interview on CNBC Crypto Trader hosted by Ran Neuner, Binance CEO Changpeng Zhao (CZ) stated that the crypto market and Binance are still in a good position even after nearly a year of downward price movement. Binance…
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$20 Trillion US Debt Will Inevitably Lead to Big Crypto Boom: Voorhees

TwitterFacebookLinkedIn ShapeShift CEO Erik Voorhees has said that the growing debt of the US, which hovers at around $21.7 trillion as of November, will inevitably cause a big spike in crypto. “When the next global financial crisis occurs,…
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Price Rejects Bulls as Downside Correction Extends

TwitterFacebookLinkedIn Bitcoin on Friday suffered a circa 1 percent loss against the US Dollar owing to an extended bearish correction. The BTC/USD pair is now trading at 6340-fiat, 2.70 percent down from the November’s top at 6516-fiat.…
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$6 Billion Wiped Out of Crypto Market in 48 Hours: Where to Next?

TwitterFacebookLinkedIn Over the last 48 hours, since November 7, the global crypto market has lost $6 billion of its valuation as it dropped from $220 billion to $214 billion, while Bitcoin remained stable. On November 6, major cryptocurrencies…
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Crypto Market Surges in Daily Volume to $13 Billion, Renewed Optimism

TwitterFacebookLinkedIn Over the past three days, the volume of major cryptocurrencies and the rest of the crypto market has increased substantially, from around $10 billion to $13 billion. Bitcoin, in particular, has seen a large increase…
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Only 19% Chance Bitcoin Price Breaches $10,000 by Q2 2019

TwitterFacebookLinkedIn A drop in the bitcoin price’s daily moves has lowered the market’s expectations of reclaiming a five-figure valuation anytime soon. Options Traders Not Bullish on Bitcoin Skew — a crypto analysis blog authored…
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Crypto Remains in Recession with Only 25% of Bitcoin Moved in 2018

TwitterFacebookLinkedIn Throughout this year, during a 69 percent correction, only 25 percent of Bitcoin were moved between addresses, suggesting that 75 percent of Bitcoin had not changed hands. That is nearly a 58 percent decline in Bitcoin…