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Tag Archives: BITCOIN ANALYSIS

Crypto Exchanges Are Helping Banks Get Accustomed To Cryptocurrency

Jonathan Levin, co-founder at Chainalysis “We are now helping banks to understand how they can build programs facilitating cryptocurrency businesses to access banking services, and as well ensuring that no illicit activity is going on.” The first efforts of Chainalysis focused mainly on studying how people used the Bitcoin. This …

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Bitcoin’s Mania, crash down as it reaches $13,000

Bitcoin, which is trending the market for a long time, was about to break the new high on Wednesday at the price of $13,200. When it was the time of Bitcoin’s take off, it suddenly got sold off 10% of its price in just 90 minutes. What should have happened …

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Major Cryptocurrencies Back On Recovery Mode

The cryptocurrency market has extended the recovery from the recent sell-off as Bitcoin and many major altcoins moved above the critical resistance levels and registered strong daily gains ranging from 1% 10 11%. However, despite overall positive sentiments, some coins moved to the North, influenced by local factors. The total …

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Bitmain Technologies Co-founder Launches Matrixport

The co-founder of Bitmain Technologies Ltd. Wu Jihan has led a group of the mining giant’s former employees to launch a new cryptocurrency financial services startup, hoping to capitalize on Bitcoin’s resurgence. Called Matrixport, Wu’s latest endeavor is a one-stop platform for over-the-counter trading, lending, and custody for digital assets, …

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How Fake Cryptocurrency Trade Works?

On observing the trading activity on BKEX—a cryptocurrency exchange founded in 2018 and registered in the British Virgin Islands—something very odd is noticeable. Compare its transactions side-by-side with those of Binance, one of the largest crypto exchanges in the world, and you’ll notice BKEX’s trading history is a replica, printing the …

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According To Watchdog, High-risk Crypto Should Be Banned

The City Watchdog; the Financial Conduct Authority has proposed to ban the sale of cryptocurrency derivatives to British investors, branding them “unsuitable”. This move is expected to save investors as much as £234m a year, or losses of £641,000 per day. Derivatives are high-risk investments that could potentially be used …

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