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Tag Archives: big

Bitcoin Price Watch: Whales Aren’t That Big of a Problem

At press time, the father of cryptocurrency is still trapped in the $6,500 range. After a brief stint at $6,600, the currency took a sudden and unexpected break in its ascension to retreat to its previous position of $100 less. One source says the reason bitcoin consistently drops is because the ideas supporting it are regularly challenged. For example, bitcoin ...

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Bitcoin Price Analysis: Consolidation Primes Market for Big Move

For several weeks, bitcoin has remained in a consolidating uptrend. The market hasn’t seen a new high since mid-September, but the lows have steadily gained higher and higher ground. Overall, the volume is highly consolidated and the market is ready for a large move — the question is, where will it move next? Figure 1: BTC-USD, Daily Candles, Sideways Consolidation ...

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Institutional Investments in Crypto Funds is a Big Deal

Crypto industry has received an unusual amount of funding this year from investors. And a prominent venture capital investor thinks it is a big deal. Garry Tan, an early stage investor with companies like Coinbase and Instacart in his portfolio, commented on the growing amount of institutional money that is flowing into crypto-funds. He stated that he is “super confused” at the ...

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Big Institutional Investors are Buying Large Amounts of Bitcoin in OTC Market

Bobby Cho, the global head of trading at Cumberland, a Chicago-based cryptocurrency trading company, has stated that a growing number of high net-worth individuals and institutional investors are accumulating Bitcoin (BTC) through the over-the-counter (OTC) market. While some cryptocurrency market data providers estimate the daily trading volume of Bitcoin to be around $4 billion, according to ShapeShift’s Coincap.io, which filters ...

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XRP Sees 2% Loss After Big Announcement, Bitcoin Shows Low Volume

Since late September, the low volume of Bitcoin has been an issue for the cryptocurrency exchange market. Although BTC was expected to breakout of major resistance levels at $6,800 and $7,000, its low volume prevented it from recording a major movement on the upside. Earlier today, on October 2, Ripple Labs introduced three partnerships with major banks including the $80 ...

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Big Brokers, a Bigger Circle, and MakerDAO’s Round: This Week in Crypto

Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this week’s edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, YouTube or wherever you get your podcasts. Price Watch: Bitcoin is down 2% to $6,333 this week after hitting $6,700 last week. The price varied minimally this week as compared to last ...

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FedEx Joins Hyperledger Blockchain Hub, ‘Big Implications’ for Logistics

American courier delivery services giant FedEx has joined Hyperledger, an open-source project established to improve cross-industry blockchain technologies, according to a press release published September 26. Hyperledger, which is hosted by the Linux Foundation, enables organizations to build blockchain-based industry-grade applications, platforms and hardware systems in the context of their individual business transactions. In joining Hyperledger, FedEx has become one ...

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