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Here’s why this is the time to book profits in BSV, LINK, and VET

In every bull run, there are comebacks, and some comebacks offer a bigger profit realization opportunity than others. In current circumstances, the cases of low market cap altcoins like VET, BSV, and LINK may be perfect examples. Consider VeChain, for instance. After dropping down to the $0.04-level in the last week of February 2021, the […]

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Well-Known Crypto Executives Dodge BCH Antitrust Lawsuit

Well-known crypto executives Roger Ver, Jesse Powell, and Jihan Wu, dodged an antitrust lawsuit filed against them after the Florida federal court dismissed the complaints of market manipulation so let’s read more in our latest bitcoin cash news. The case was related to events that happened in November 2018 during the so-called “hash rate wars” between Bitcoin SV and Bitcoin Cash. The federal court in Florida dismissed the antitrust lawsuit filed against the well-known crypto executives who were accused of market manipulation during the split of the Bitcoin Cash network in 2018. Other defendants in the case included Kraken CEO…

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Price analysis 10/2: BTC, ETH, XRP, BCH, BNB, DOT, LINK, CRO, BSV, LTC

The bulls are buying the dips in Bitcoin and a few altcoins, suggesting that investor sentiment remains positive. The shallow pullback in Bitcoin (BTC) following the news of the CFTC’s regulatory crackdown on BitMEX and the late announcement that U.S. President Donald Trump tested positive for coronavirus shows that the underlying sentiment is still bullish. Generally, most damage during such periods of negative news flow is caused by the squaring up of leveraged positions. Data shows that Bitcoin futures volume and open interest has been dropping since hitting the peak in early September.  This means that there were fewer long…

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Bitcoin SV grows more than 700% ahead of BSV conference

As the CoinGeek live conference this week comes closer, there have been reported a spike in the active addresses and transaction counts on the Bitcoin SV network. Three days ago, the active BSV address was 110,000. But today, it has leaped to an impressive 947,400 addresses, a growth of 761% only two days before the CoinGeek conference goes live. The conference has already started yesterday and will continue until tomorrow. Crypto-Twitter reacted massively to the increase in active addresses. Arthur Van Pelt, who does not support Bitcoin SV, shared a SirToshi chart calling the attention of the Bitcoin community that…

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Organic growth? Bitcoin SV activity up 761% ahead of BSV conference

Bitcoin SV users appear to have got very excited ahead of the conference. Active addresses and transaction counts on the Bitcoin SV network saw unbelievable growth in the two days leading up to the CoinGeek Live conference in New York this week. Active BSV addresses grew from 110,000 on September 28, to 947,400 addresses today. That's an astonishing growth rate of 761%, in just two days leading up to CoinGeek Live, which kicked off on September 30 at 9am New York time, and will run until October 2. The spike in active addresses raised eyebrows on Crypto-Twitter. Bitcoin SV and…

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Price analysis 9/30: BTC, ETH, XRP, BCH, BNB, DOT, LINK, BSV, CRO, ADA

Bitcoin and a few altcoins continue to push against resistance at higher levels, suggesting that the uptrend may resume soon. According to data from CryptoQuant, the total amount of Bitcoin (BTC) held in exchange reserves dropped from 2.8 million BTC in October 2019 to 2.4 million. Analysts believe that this steady decline in reserves means retail traders and whales may be accumulating Bitcoin as they expect prices to rise in the future. Even though Bitcoin is still far below its lifetime highs, if it manages to close Q3 2020 above $10,590, that would be the second-best close in any quarter.…

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Price analysis 9/28: BTC, ETH, XRP, BCH, BNB, DOT, LINK, ADA, BSV, CRO

Bitcoin and altcoins may hit a few roadblocks in the short-term as they near stiff overhead resistance levels, but the overall trajectory remains bullish. Bitcoin (BTC) soared above $10,000 on July 27 and has sustained above this level since then. Data shows that this streak of 63 consecutive days of closes above the $10,000 level is a new record. This also shows that  the level has now become a strong support after previously acting as a stiff resistance. Bulls have consistently purchased dips to and below $10K and this psychologically important level may now act as a floor for launching…

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Price analysis 9/25: BTC, ETH, XRP, BCH, DOT, LINK, BNB, CRO, LTC, BSV

Bitcoin and altcoins rebounded off their critical support levels, possibly creating a path to a new bullish uptrend. According to a study by researchers at the Cambridge Centre for Alternative Finance, the number of people who own Bitcoin (BTC) and other digital assets has surged from about 35 million in 2018 to over 100 million. This is a positive sign because the growth continued even when the crypto markets were not in a secular bull trend.  The allure of digital currencies is likely to increase further if the U.S. Securities and Exchange Commission approves a Bitcoin ETF, but only Commissioner…

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Price analysis 9/23: BTC, ETH, XRP, BCH, DOT, BNB, CRO, LTC, LINK, BSV

Bitcoin and altcoins are at risk of a deeper correction if they do not rise above their immediate resistance levels soon. According to survey data from crypto asset insurance firm, Evertas, institutional investors believe that clearer regulations and better infrastructure in terms of trading, reporting, and custodial services will increase their participation in the crypto market. About a quarter of the respondents expect that pension funds, sovereign wealth funds, insurance companies, and family offices will also become more involved with digital assets. The survey also found that 32% of the participants expect hedge funds to substantially increase their crypto holdings…

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Price analysis 9/21: BTC, ETH, XRP, BCH, DOT, BNB, LINK, CRO, LTC, BSV

The market has taken a bearish turn and Bitcoin and altcoins will need strong relief rallies in order to restore their uptrends. Legacy and crypto crypto markets saw a strong correction today as traders fear that the second round of economic stimulus might be delayed as the White House, Senate and Congress could become entangled in a fight to fill the vacancy created by the passing of Supreme Court Justice Ruth Bader Ginsburg.  In addition to this, financial stocks are leading the bloodbath as reports emerged that several banks could have been involved in facilitating the movement of over $2…

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Bitcoin SV Long-Term Price Analysis Shows Breakout Is Imminent

The Bitcoin SV long-term price analysis shows that the altcoin is running out of time and the breakout is imminent and going to be pretty important. The market of BSV is clinging on to the Bitcoin movement at the moment but BTC sustained the position above $10,900 for the first time being while BSV Lost proximity at the resistance of $165 as we are reading in the latest Bitcoin SV news. As explained earlier, Bitcoin SV’s past 72-hours showed major price movements and the asset is now showing a formation of a symmetrical triangle. The symmetrical triangle proclaims a 50-50…

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Price analysis 9/18: BTC, ETH, XRP, DOT, BCH, BNB, LINK, CRO, LTC, BSV

Bitcoin and altcoins are facing selling near key resistance levels, but for now the possibility of a sharp fall remains low. The U.S. Federal Reserve recently hinted that it could keep interest rates near zero at least through 2023. The Bank of England went a step ahead and said that it could explore options for cutting rates below zero in order to support an economy battered by the coronavirus lockdowns and the upcoming Brexit. In other news, Kraken exchange has become the first digital asset company to receive a charter to operate as a bank in the U.S. This is…

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Price analysis 9/16: BTC, ETH, XRP, DOT, BCH, BNB, LINK, CRO, LTC, BSV

Bitcoin and a few altcoins have broken above key resistance levels, which suggests that the bulls are attempting to take control of the market. This week MicroStrategy, a Nasdaq-listed company, announced that it had added 16,796 Bitcoin (BTC) to its existing holding of 21,454 Bitcoin. This means in less than a year the firm has amassed 38,250 Bitcoin. This is a defining moment as MicroStrategy becomes the first public company to adopt a Bitcoin standard.  Other large companies may follow in MicroStrategy’s footsteps but they are likely to purchase at much higher levels according to Datavetaren, a pseudonymous software engineer.…

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Price analysis 9/14: BTC, ETH, XRP, BNB, DOT, LINK, BCH, CRO, LTC, BSV

Bitcoin and several altcoins are trying to break out of their respective overhead resistance levels in order to restore bullish momentum. Most retail traders find it difficult to go against the herd and buy when the market is down. They generally wait for the price to recover and for improvements in sentiment before jumping in. By doing this, retail traders typically miss the larger part of relief rallies and pocket a smaller profit. On the other hand, professional investors capitalize on sharp corrective moves by purchasing if they believe that the fundamental long-term trajectory remains intact. Daily cryptocurrency market performance.…

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All the Blockchain Terms You Need to Know

Grappling with blockchain basics? Struggling to sort your digital assets from your distributed ledgers? We’ve got you covered, with this Blockchain 101. The world of digital currency and blockchain technology can at first seem a confusing place to be, particularly for those approaching from a commercial rather than technical perspective. With the right terminology at your disposal, it becomes a whole lot easier to understand how this revolutionary technology works, and how you can use it to your advantage. Continue reading All the Blockchain Terms You Need to Know at Smartereum.

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Price analysis 9/11: BTC, ETH, XRP, LINK, BCH, DOT, BNB, LTC, CRO, BSV

Although Bitcoin price is range-bound, a few altcoins have started a relief rally which could push them above key resistance levels. The President of the European Central Bank (ECB) Christine Lagarde said that the coronavirus pandemic has acted as a catalyst in boosting the adoption of digital payments in the European Union. Lagarde expects the majority of the consumers to continue using digital services even in the future. In order to support the digitalization, the ECB has formed a task force, which is “exploring the benefits, risks and operational challenges” of developing a digital euro and is expected to announce…

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