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BITCOIN PRICE: 6,407.29     HIGH: 6,424.16     LOW: 6,363.02

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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Tag: price analysis

Bitcoin, Ether, XRP Weekly Market Update: October 11, 2018

Category: Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Exchange, Finance, News

Bitcoin, Ether, XRP Weekly Market Update: October 11, 2018

Bitcoin managed to hold its ground and defend the $6,500 level on October 4, 2018, closing the day with a $90 gain. BTC then moved above $6,600 on October 5 and stopped at $6,640 – its second green day in a row. BTC-USD In a series of documents, published on October 4, the United States Security and Exchange Commission (SEC)…

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Bitcoin, Ether, XRP Weekly Market Update: October 4, 2018

Category: News

Bitcoin, Ether, XRP Weekly Market Update: October 4, 2018

BTC saw a significant increase in value on September 27 and closed the day at $6,694, $230 higher than its biggest one-day jump since September 21. Bulls tried to push the price even higher on the next day, September 28, but could only cross the $6,800 mark for a certain period before dropping back to $6,630. BTC-USD The biggest cryptocurrency…

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Bitcoin, Ether, XRP Weekly Market Update: September 27, 2018

Category: Altcoins, Bitcoin, Ethereum, Finance, News, Price Analysis

Bitcoin, Ether, XRP Weekly Market Update: September 27, 2018

BTC closed September 20, 2018, at $6,493 with substantial gains of approximately $100 and a third consecutive green candle on the daily chart. BTC-USD The U.S. Securities and Exchange Commission (SEC) stated on September 20 that it has begun a review process for the physically-backed bitcoin ETF proposed by VanEck and SolidX and will once again delay its decision in…

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Bitcoin, Ether, and XRP Weekly Market Update: September 21, 2018

Category: Altcoins, Bitcoin, Commentary, Ethereum, News, Price Analysis

Bitcoin, Ether, and XRP Weekly Market Update: September 21, 2018

BTC closed the day with a solid gain of more than $160 on September 13, touching the $6,500 level. Traders pushed the price even higher on September 14, but the biggest cryptocurrency could not keep the momentum and closed below the $6,500 mark (at $6,480). Trading volume was above $5 billion during the last two days of the workweek. BTC-USD…

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Bitcoin, Ether, and XRP Weekly Market Update

Category: Altcoins, Bitcoin, Ethereum, Finance, News, News Digest, Price Analysis

Bitcoin, Ether, and XRP Weekly Market Update

After a turbulent mid-week action, we saw BTC trading around the $6,400 level on September 7, 2018. The biggest cryptocurrency did, however, briefly achieve 55 percent of market dominance, its highest point since December 2017. BTC-USD The cryptocurrency market continued to demonstrate one of the steepest declines in the past three years. Even Goldman Sachs CFO Martin Chavez calling the…

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Bitcoin, Ether, and XRP Weekly Market Update

Category: Altcoins, Bitcoin, Commentary, Ethereum, Finance, News, Price Analysis

Bitcoin, Ether, and XRP Weekly Market Update

Bitcoin closed the day with a red candle on August 29, 2018, just above the $7,000 mark. The biggest cryptocurrency could not recover and dropped to $6,800 during the intraday trading session on August 30, before going back up to the $7,000 zone. BTC-USD The news that Yahoo Finance would be integrating support for trading bitcoin (BTC), litecoin (LTC), and…

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Bitcoin and Ethereum Market Recap August 23, 2018

Category: Bitcoin, Ethereum, News, Price Analysis

Bitcoin and Ethereum Market Recap August 23, 2018

BTC-USD BTC successfully crossed the $6,500 resistance line on August 17 and held it over the weekend. On Monday, however, the price dropped back down to the same old $6,300 to $6,500 price corridor. It looked like the bulls were not yet ready to cross the major overhead resistance and required additional consolidation before attempting another rush. BTC continued ranging…

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Commercial Bitcoin use Drops in Spite of Reduced Volatility

Category: Bitcoin, Business, News

Commercial Bitcoin use Drops in Spite of Reduced Volatility

New data from Chainanalysis shows that despite the recent drop in volatility of the bitcoin market, bitcoin’s popularity as a commercial payment solution is slipping, as vendors report fewer and fewer bitcoin transactions. The data, which appeared in Bloomberg, shows that between September 2017 and present, bitcoin’s popularity as a payment method has fallen a staggering 685 percent. Once a…

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Billion Dollar Hedge Fund Manager Believes Blockchain Talent Is Moving in Waves

Category: Blockchain, News

Billion Dollar Hedge Fund Manager Believes Blockchain Talent Is Moving in Waves

The founder of crypto’s biggest hedge fund, Polychain Capital, discussed the current movement of top-tier talent in the tech sector from traditional entities to blockchain-based projects. Olaf Carlson-Wee, Polychain’s CEO, gave his input on why he believes crypto is in its best state yet in an interview with Fortune’s “The Ledger.”  With over $1 billion under management, Polychain has grown…

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Bitcoin’s Bad Year May Not Turn Around Anytime Soon

Category: Bitcoin, Finance, News

Bitcoin’s Bad Year May Not Turn Around Anytime Soon

Cryptocurrency and blockchain technology continue to spread across the world, yet somehow, the most well-known cryptocurrency has been plummeting all year. Bitcoin (BTC) is currently the world’s biggest cryptocurrency with a market cap at time of writing of $105.5 billion.  Since reaching its highest value of nearly $20,000 in December 2017, BTC has lost more than 70% of its value….

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