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Shiba Inu Continues Decline, But Remains Top Dog Of Ethereum Whales

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Shiba Inu has declined another 3% in the last 24 hours, but the meme coin remains the top dog of the Ethereum whales.

Shiba Inu Continues To Slide, But Whales Hold Onto It

Recent months haven’t been the best for the cryptocurrency market, as even the top coins like Bitcoin and Ethereum have suffered deep negative returns, but SHIB has had it especially worse lately.

At the time of writing, Shiba Inu is trading around $ 0.00000795, down 3% in the last 24 hours. Below is a chart that displays the trend in the asset’s value during the past month.  Read more...

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Ethereum Bearish Signal: Network Demand Remains Low

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On-chain data shows the demand on the Ethereum network has continued to drop recently, a sign that could be bearish for the asset’s value.

Ethereum Total Transaction Count Continues To Go Down

As pointed out by an analyst in a CryptoQuant post, the ETH transaction count has observed a significant plunge recently. The “transaction count (total)” is an indicator that measures the total number of transfers taking place on the Ethereum blockchain on any given day.  Read more...

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Dogecoin Remains Solid As Profitability Surpasses Bitcoin, Ethereum

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Dogecoin is still a strong contender for the attention of cryptocurrency investors who are chasing assets with the most potential. Larger assets and market leaders such as Bitcoin and Ethereum have often provided this for investors with large profit margins, but with the crypto winter, Dogecoin has seen more upside compared to its larger counterparts.

Majority Of DOGE Holders In Profit

A bear market is a time when a lot of digital assets plunge in price and their profitability can hit new lows. For bitcoin and Ethereum, it has been a rollercoaster year where it fluctuates between the majority being in profit or loss. This time around, both cryptocurrencies are seeing a large part of their holder base being in losses but the same is not the case for Dogecoin.  Read more...

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FTT Token Volatility Remains High, Is This The Next LUNC?

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FTT Token remains one of the worst performers in the crypto market this week. The token is already down more than 80% from its last week’s price and continues to show very bearish trends. Now, there has been some recovery for the token in the last day but the volatility still remains high. The price of the coin is yet to hit below zero like LUNC did but the collapse of the FTX exchange suggests that this may be the next LUNC in the making.  Read more...

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Bitcoin Trading Volume Excluding Binance Remains At Yearly Lows

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Data shows the Bitcoin trading volume on exchanges other than Binance has recently been near the yearly lows reached in April.

Bitcoin Spot Trading Volume Is Much Lesser When Excluding Binance

According to the latest weekly report from Arcane Research, while the daily total spot volume averaged to $ 8 billion during the last week, this value is inflated because of Binance.

The “daily trading volume” is an indicator that measures the total amount of Bitcoin that was transacted on the spot markets on any given day.  Read more...

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Bitcoin Total Exchange Flows At Multi-Year Lows As Interest In BTC Remains Low

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Data shows the total Bitcoin inflows and outflows on exchanges have gone down in recent weeks as the general interest in the crypto remains low.

Bitcoin Total Exchange Flows Are Now At Multi-Year Lows

According to the latest weekly report from Glassnode, activity on exchanges has dropped to levels not observed since late 2020.

The “exchange inflow” is an indicator that measures the total amount of Bitcoin currently being deposited to wallets of all centralized exchanges. The “outflow” is just the opposite metric; it tells us about the number of coins being withdrawn from exchanges right now.  Read more...

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Bitcoin Trading Volume Remains Close To 1-Year Highs

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Data shows the Bitcoin trading volume has remained near one-year highs recently as activity on Binance stays elevated following the fee removal.

Bitcoin 7-Day Average Trading Volume Has Kept At High Values In Recent Weeks

As per the latest weekly report from Arcane Research, around 80% of the latest activity on the BTC network is driven by the crypto exchange Binance.

The “trading volume” is an indicator that measures the total amount of Bitcoin moved on the blockchain on any given day.  Read more...

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Ethereum Dumps Over 40 Percent But Uptrend Remains Intact

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The sentiment around Ethereum has shifted from ultra bullish to bearish in less than a month. On June 26, investors were extremely bullish as the No. 2 cryptocurrency as its price rose from a 2018-bottom of $ 83 to the 2019-high of $ 363.30. That’s a massive gain of over 337 percent in six months. Since then, […]

The post Ethereum Dumps Over 40 Percent But Uptrend Remains Intact appeared first on CCN Markets

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Bitcoin (BTC) Price Remains Turbulent Following Trump Administration Comments

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History was made last week after Donald Trump publicly addressed Bitcoin (BTC) and the cryptocurrency industry, becoming the first sitting president to do so. The president took to Twitter on Thursday to share the fact that he’s “not a fan of Bitcoin and other cryptocurrencies,” citing his concerns over their utility as a means of […]
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Africa’s Interest in Bitcoin Remains High as 15 States Plan to Adopt the ‘Eco’ Currency

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Africa's Interest in Bitcoin Remains High While 15 States Plan to Adopt the 'Eco' Currency

By 2020, a large group of West African countries plan to adopt a single fiat currency called the eco. After a meeting in Abuja held on June 29 between the 15 member-country regional bloc, the implementation of a new single currency, after debating the monetary unit for years, was agreed. Despite the eco discussion and economic uncertainty within the massive continent, Africans still have a deep interest in digital currencies.

Also Read: Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque  Read more...

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Bitcoin (BTC) Price Remains Steady After SEC Delays VanEck/SolidX ETF Decision

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The SEC has again delayed its decision on whether to allow a proposed rule change that would enable the VanEck SolidX Bitcoin Trust exchange-traded fund (ETF) to issue and list its shares. According to a filing published on Thursday by the SEC, the public has 21 days from when the order is published in the […]
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Crypto Adoption Remains Strong in Venezuela Amid Political Chaos

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Crypto Adoption Remains Strong in Venezuela Amid Political Chaos

The political tension in Venezuela has affected local cryptocurrency adoption. While there are roadblocks, many crypto-advocating projects continue to thrive in the country. News.Bitcoin.com takes a deep look at the current situation in Venezuela, crypto adoption efforts and how the recent political crisis affects them.

Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request  Read more...

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Despite $100K Pledged to Charity, Adam Back Remains Silent Over Proposed Debate

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Despite $ 100K Pledged to Charity, Adam Back Remains Silent Over Proposed Debate

There’s over $ 100,000 on the line that could be given to charity for about an hour of Adam Back’s time. If he chooses to debate Bitcoin Unlimited’s Peter Rizun over why he thinks it’s a bad idea to scale with larger blocks, Paxful’s Ray Youssef‏ has pledged $ 100K in addition to Roger Ver’s initial $ 10K offer.

Also read: Schnorr Signatures Await Bitcoin Cash as the Next Upgrade Draws Near  Read more...

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Nexo (NEXO) Uptrend Remains Intact Following the Recent Pullback

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Nexo’s token (NEXO) saw its price briefly surge over $ 0.10 last week on news that it gained a listing on Huobi Global, the eighth-largest crypto exchange by trading volume and the first major exchange to list the self-styled security token. While the listing, which included BTC and ETH trading pairs, was originally scheduled for March 6, it […]
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BTC Transactions Hit 1-Year High But Volume Remains Sluggish

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BTC Transactions Hit 1-Year High But Volume Remains Sluggish

There’s good news and bad news for traders monitoring onchain data for signs of a market revival. The number of daily transactions has been rising for months, suggesting that BTC is being used for more than merely speculative purposes. Daily trade volume remains sluggish, however, suggesting another bull cycle is still some way off.

Also read: Rio Carnival to Feature Bitcoin This Year  Read more...

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Market Panic Remains – Bexplus Investing Advice on BTC

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This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Investing in the financial market is like a roller coaster, and it’s no exception in the BTC market. In any aspect of investment, fear and greed are the investment psychology of speculators and the constant balance between which creates a market  Read more...

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Ban Hammer Remains: South Korea’s Financial Services Commission Refuses to Lift ICO Ban

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The ban on initial coin offerings in South Korea will stay, the country’s financial regulator has said in a statement. The decision by the South Korean Financial Services Commission (FSC) follows a survey which the regulator commissioned. Among the findings of the survey include the fact that some ICO projects misrepresented themselves. For instance, some had claimed to be fundraising abroad but they went on to involve South Koreans. Dirty Tricks Employed to Evade ICO Ban According to the FSC, the projects did this by registering in Singapore in order to circumvent South Korea’s ICO ban. Some of the evidence  Read more...

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Bitcoin Price Fights for $3,600 as Crypto Market Remains Sluggish

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By CCN.com: It was another relatively boring trading day in the cryptosphere, at least as far as the major coins go. Way down the list we saw some serious activity in Monero, Dash, Aelf, and something called Holo. As far as Bitcoin and the top 5 coins go, prices remain virtually unchanged from yesterday. Bitcoin

The post Bitcoin Price Fights for $ 3,600 as Crypto Market Remains Sluggish appeared first on CCN

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Bakkt Raises $182.5 Million but Its Launch Date Remains Uncertain

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Intercontinental Exchange’s (ICE) crypto exchange subsidiary, Bakkt, has closed a $ 182.5 million funding round led by Microsoft’s venture capital arm, Boston Consulting Group and Pantera Capital. We are pleased to confirm that we have completed our first round of funding of $ 182.5 million https://t.co/Cc2EsoQMcT — Bakkt (@Bakkt) December 31, 2018 According to the announcement, the injection of […]
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