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“# Bitcoin jumps toward $49K amid fears 5%-plus inflation is here to stay ” Bitcoin (BTC) inched higher on Sept. 18 as the focus shifted to the Federal Open Market Committee’s (FOMC) policy meeting in the wake of lower inflation numbers last Tuesday. The BTC/USD exchange rate approached $49,000 on the Coinbase exchange, hitting $48,825…
“# El Salvador ranks third in global Bitcoin ATM installations, data finds ” El Salvador now hosts the third-largest network of crypto ATMs after the United States and Canada, amounting to 70% of all crypto ATMs in South America. According to data from Coin ATM Radar, El Salvador has exceeded United Kingdom’s crypto ATM count…
“# Evolve or die: How smart contracts are shifting the crypto sector’s balance of power ” One of the familiar themes seen in previous crypto market cycles is the shifting market caps, popularity and ranking of the top 10 projects that see significant gains during bull phases, only to fade into obscurity during the bear…
“# Bitcoin is ‘playing mind games’ as its price coils into a tighter range ” The general mood across the cryptocurrency market is one of anticipation on Sept. 17 as the price of Bitcoin has traded in an increasingly tighter range over the past couple of days and looks to be coiling in preparation for…
“# Price analysis 9/17: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, LUNA ” Bitcoin’s (BTC) recovery is facing stiff resistance near $48,500, indicating that bears are active at higher levels. By combining the popular stock-to-flow Bitcoin price model and the illiquid supply data, analyst William Clemente projects $39,000 to act as a strong…
“# Veteran trader explains when it’s the best time to cash out of the market ” 2021 has been a wild ride for the cryptocurrency market as Bitcoin shocked its naysayers by setting a new record high at $64,863, and the DeFi and NFT sector made headlines around the world. Crypto traders need to be…
“# Former chief of Russia’s Wex crypto exchange arrested in Poland ” BBC Russia has reported that Dmitry Vasiliev, the former chief of Russian cryptocurrency exchange Wex, has been arrested in Warsaw, Poland. Wex, which was previously known as BTC-e, was a well known “dark” exchange in the early days of the cryptocurrency industry. It…
“#Statue of anonymous Bitcoin creator Satoshi Nakamoto unveiled in Hungary” A group of crypto enthusiasts in Hungary built a bronze bust of the anonymous creator of bitcoin — but had to pay the sculptors in regular currency. The statue, dedicated to the mysterious founder of bitcoin known by the pseudonym Satoshi Nakamoto, was unveiled Thursday…
“# PayPal completes crypto trading rollout for UK customers ” PayPal officially announced on Friday that all eligible customers in the United Kingdom can now buy, hold and sell cryptocurrencies using their PayPal accounts. Customers can trade four major cryptocurrencies: Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH). As announced previously, crypto trading will…
“# Next stop $85K for Bitcoin as analysts predict ‘explosive’ Q4 for BTC price action ” Bitcoin (BTC) is heading for at least $85,000 in Q4 this year and could well surpass the $100,000 mark, new research says. In its latest market update on Sept. 17, trading platform Decentrader revealed an unapologetically bullish mid-term BTC…