Tue Nov 26 12:54 AM

High-net-worth Bitcoin investors aren’t all bearish—potential reasons why

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High-net-worth investors are not all that bearish on Bitcoin despite the recent drop.To read the rest of this article, join CryptoSlate Edge. Have an account? Sign In. Join CryptoSlate Edge for in-depth market analysis and curated industry insights Sign up for CryptoSlate Edge for thoughtful market...

Institutional Participation Pushed BTC Price Close to $20K, Altcoin Season Expected Soon

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Analysts are hopeful that Bitcoin’s and the overall cryptocurrency market fundamentals are more powerful than ever before. The latest market correction provides fresh opportunities for investors to take long-term positions.Before the latest market correction, Bitcoin‘s sudden surge close to its all-time high has captivated...

Polkadex Creates Decentralized P2P Trading Solutions

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Polkadex has created a fully decentralized order book that can match major exchanges in terms of speed, and also ensures that the blockchain is engaged at the optimum level for trading speed. There is very little doubt that decentralized peer-to-peer (P2P) trading is a better...

Coinbase CEO Brian Armstrong Shares Concerns on Rumoured New US Crypto Regulation

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Coinbase CEO Brian Armstrong also explained the reverse effects of the rumored regulation.The CEO of digital currency exchange platform Coinbase Brian Armstrong expressed his opinion on the rumors that the US Treasury may implement unfavorable regulation on the crypto industry. Armstrong highlighted the details...

Bitcoin derivatives market hasn’t been this wrecked since the March crash

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On November 26, the Bitcoin futures market recorded nearly $800 million in long contract liquidations alone. It marked the worst day for the derivatives market since the March 12 crash. Almost 800 mil in long liquidations alone. The derivs market hasn't gotten this rekt since the...

Counterargument: why China seizing $3.2B in Bitcoin and Ethereum isn’t a big deal

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According to a report from CoinDesk, the Chinese government has seized $4.2 billion worth of cryptocurrencies. Among them is 194,775 BTC, worth $3.2 billion. Albeit the size of the Bitcoin seizure is large, an argument can be made that it is not a big...

Chinese Authorities Seize Over $4.2B Worth of Digital Assets from PlusToken Ponzi Scheme

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The PlusToken Ponzi scheme is reported to have begun back in May 2018 and advertised a non-existent crypto arbitrage trading platform.  Chinese law enforcement has seized cryptocurrencies worth over $4.2 billion from the PlusToken Ponzi scheme. Apparently, a total of 194,775 BTC, 833,083 ETH, 1.4...

Libra Coin Backed by Facebook Set to Roll Out in January 2021

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According to the report, the yet to be launched Libra will have a single coin backed 1:1 by the US dollar.Facebook Inc (NASDAQ: FB) backed digital currency Libra coin is set to be launched in January 2021 after months of legal backlashes and revision...

Five Most Promising DeFi Projects of End of 2020

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The rise of the DeFi sector has brought a lot of new projects to the attention of the crypto community, as DeFi aims to offer decentralized banking services, particularly targeting the unbanked and underbanked. The year 2020 has been a great year for cryptocurrencies. Despite...

Why the Russian Prime Minister wants to “protect” Bitcoin and crypto users

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Russia has enjoyed an on-and-off relationship with cryptocurrencies, with ever-changing regulations and official perceptions fluctuating between periods of yes crypto and no crypto.But a recent speech by Russian Prime Minister Mikhail Mishustin put some light on the why behind the shaky policies.Protect Bitcoin usersAs...