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MCO Price Spikes After Crypto.com Announces Token Merging

Source Node: https://beincrypto.com/mco-price-spikes-after-crypto-com-announces-token-merging/
Time Stamp: August 3, 2020 9:18 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Hong-Kong-based company Crypto.com announced a token swap program on Monday. All MCO token holders have until the 2nd of November 2020 to swap their MCO for CRO. The announcement catalyzed MCO trading volume and caused the price to surge. However, several users note some red flags around the whole merging process. Is this operation legit? Is it possible that there’s been insider trading? The Year of Crypto.com 2020 is proving to be very profitable for Crypto.com. As BeInCrypto reported not long ago, the CRO token has been one of

Bitcoin Suffers Enormous Drop After Breaking $12,000

Source Node: https://beincrypto.com/bitcoin-suffers-enormous-drop-after-breaking-12000/
Time Stamp: August 3, 2020 5:18 AM - Modified On: May 21, 2021 - Published By:
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The Bitcoin (BTC) price created a massive bearish engulfing candlestick on August 2, possibly indicating that the upward move has ended and a corrective period awaits. The long-term movement, however, still looks healthy. Bitcoin Fails to Close Above Long-Term Resistance During the week of July 27-August 3, the Bitcoin price increased considerably, going from a low of $9,917 to a high × BeInCrypto Premium - Register for FREE now. Want to know more? Join our Telegram Group and get trading signals, a free trading course and daily communication with crypto

Weekend Market Action Signals DeFi-Driven Bull Market Has Arrived

Source Node: https://beincrypto.com/weekend-market-action-signals-defi-driven-bull-market-has-arrived/
Time Stamp: August 3, 2020 4:01 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

This weekend’s epic crypto market momentum has been a remnant of the volatile action witnessed in late 2017. Ethereum has been in the driver’s seat, but instead of the ICO-saturated market of yesteryear, DeFi platforms are now dominating the sector in 2020. Cryptocurrency markets have reached their highest levels this year in terms of total market capitalization. Trouncing February’s highs of $300 billion, the total market cap surged to $360 billion this past Sunday. The figure has yet to top the 2019 peak in mid-June when the total cap exceeded

Ampleforth: A Guide to the AMPL DeFi Protocol

Source Node: https://www.asiacryptotoday.com/ampleforth-a-guide-to-the-ampl-defi-protocol/
Time Stamp: August 2, 2020 9:53 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Imagine the possibilities of reinventing money. One that is powered by blockchain and crypto-based solutions. That is what Ampleforth hopes to achieve within and beyond the crypto community. Since the inception of decentralized finance (DeFi), various notable projects have spawned, giving life to a new sector in the cryptosphere. At the moment, investors and crypto traders alike are quite stoked with DeFi and liquidity mining. We have witnessed several protocols like Maker, Aave, and Compound attracting hundreds of thousands of users, enabling the DeFi ecosystem to proliferate far and wide.

What Are Analysts Saying After Ethereum Crashed 26% in Under Ten Minutes?

Source Node: https://bitcoinist.com/what-are-analysts-saying-ethereum-dove-26/?utm_source=rss&utm_medium=rss&utm_campaign=what-are-analysts-saying-ethereum-dove-26
Time Stamp: August 2, 2020 2:04 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

After a nearly unstoppable rally, Bitcoin and Ethereum faced an extreme correction just an hour ago. After moving above $12,000 for the first time in a year, BTC slipped by about $1,500 in five minutes while Ethereum crashed upwards of 26%, per some reports. Chart of ETH's recent price action from TradingView.com This extreme move — which was arguably one of the fastest drops in the history of this market — sent ripples throughout the market. According to one trader, $1 billion worth of Bitcoin and Ethereum futures positions were

Ethereum is Gearing Up for a Move Past $400; Here’s What Will Drive It Higher

Source Node: https://www.newsbtc.com/2020/08/01/ethereum-is-gearing-up-for-move-to-400/?utm_source=rss&utm_medium=rss&utm_campaign=ethereum-is-gearing-up-for-move-to-400
Time Stamp: August 1, 2020 6:50 PM - Modified On: May 21, 2021 - Published By:
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Ethereum has seen some intense strength throughout the past couple of weeks, and the strong uptrend it is currently caught within isn’t showing any clear signs of coming to an end anytime soon. As it pushes up against its high time frame resistance, analysts are widely noting that it could be well-positioned to see further upside in the near-term due to its strong market structure. One analyst in particular is noting that the cryptocurrency is now poised to reach $400 due to its break above multiple key resistance levels. As

Why Bitcoin’s 3-Day Candle Close Could Lead to a “Parabolic Advance”

Source Node: https://www.newsbtc.com/2020/08/01/bitcoin-could-see-a-parabolic-advance/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-could-see-a-parabolic-advance
Time Stamp: August 1, 2020 2:30 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin is currently expressing intense signs of strength as its price pushes up towards the $12,000 region. Although it has yet to breach this key level successfully, its strong overnight upswing does seem to indicate that a move higher is imminent in the near-term. This strength is likely rooted in the bullish monthly close that the benchmark cryptocurrency was able to post yesterday. This was the first time in three years that Bitcoin was able to close its monthly candle above $10,700. Many analysts are now noting that this may

Bitcoin Reddit Roundup – July 2020

Source Node: https://bitcoinmagazine.com/articles/bitcoin-reddit-roundup?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-reddit-roundup
Time Stamp: August 1, 2020 12:07 PM - Modified On: May 21, 2021 - Published By:
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Welcome to the second edition of Reddit Roundup by Nik and Flip of Bitcoin Magazine! This roundup contains 45 links to the best quality content that was uploaded to Bitcoin Reddit this month. Most links come from the popular r/bitcoin, but we also retrieved posts from other forums as well, such as r/BitcoinMining. In this roundup there are 10 different categories of links: Privacy, Adoption, Development, Security, Mining, Business, Education, Regulation & Politics, Archaeology (Financial Incumbents) and, last but not least, Memes, Fun, And Other. Big shoutout to Sam Wouter,

ChainLink Announces Launch of Community Grant Program

Source Node: https://www.cryptoknowmics.com/news/chainlink-announces-launch-of-community-grant-program
Time Stamp: August 1, 2020 11:31 AM - Modified On: May 21, 2021 - Published By:
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Rate this post ChainLink has recently announced the launch of a community grant program. This has been launched in order to accelerate the development of the platform. It has been specified by a team at ChainLink that their network is growing rapidly. This is the high time when this ecosystem needs support to grow. ChainLink plays a huge role in the DeFi industry As ChainLink has been using the smart contracts because of which it plays quite an important role in the DeFi industry. The firm is also encouraging and

Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain

Source Node: https://cryptopotato.com/crypto-price-analysis-overview-july-31st-bitcoin-ethereum-ripple-chainlink-vechain/
Time Stamp: August 1, 2020 11:02 AM - Modified On: May 21, 2021 - Published By:
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BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance at $11,275, the ext target

Ripple Rebounds and Overruns the Bears as It Targets $0.28 Resistance

Source Node: https://coinidol.com/ripple-targets-resistance/
Time Stamp: August 1, 2020 7:14 AM - Modified On: May 21, 2021 - Published By:
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Aug 01, 2020 at 11:14 // News Today, Ripple has hit above the $0.26 price level at the time of writing. Earlier on, buyers have been pushing XRP from the previous overpriced level of $0.235. The coin bounced above $0.23 to break the $0.235 resistance. Nonetheless, the momentum extended to $0.25 high on July 29. However, further upward movement was stalled below the resistance as buyers fail to push XRP above $0.25. On July 31, the resistance was breached as price rallied above it. Today, XRP is trading at $0.27

Crypto Price Analysis & Overview July 31st: Bitcoin, Ethereum, Ripple, Chainlink & VeChain

Source Node: https://cryptopotato.com/crypto-price-analysis-overview-july-31st-bitcoin-ethereum-ripple-chainlink-vechain/
Time Stamp: August 1, 2020 7:10 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

BitcoinBitcoin saw a massive 17.7% price surge over the past week. During the past fortnight, Bitcoin managed to break above a symmetrical triangle pattern as it started to push higher to reach $9,815 by the start of this week.Bitcoin then went on to explode above $10,000 as it reached as high as $11,400 on some exchanges. The coin has struggled to break this resistance over the past 4-days and must overcome it for the bullish run to continue.Looking ahead, if the bulls can break resistance at $11,275, the ext target