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Wednesday, October 28, 2020

Bitcoin Price Plunge 4% After $12K Rejection

Bitcoin is facing selling pressure at press time, having failed to move above a long-held resistance level on Tuesday. The leading cryptocurrency is currently trading near $11,390, representing a roughly 4% decline on the day, according to CoinDesk’s Bitcoin Price Index. Prices dropped by nearly $400...

$50 billion worth cryptocurrency moved out of China hinting at capital flight against Beijing rules

Over $50 billion of cryptocurrency moved from China-based digital wallets to other parts of the world in the last year, according to a report by Chainalysis. Chinese citizens are only allowed to buy up to $50,000 of foreign currency a year at a financial institution. The...

Institutional investors bullish on Bitcoin’s $12,000 surge and Beyond

JPMorgan says intrinsic value of the asset jumped on halving Fundstrat, BI’s McGlone see scope for further gains ahead < Bitcoin’s recent run higher has brought out a lot of old predictions -- and some new ones -- about the future of crypto prices. The largest cryptocurrency...

With 60% bitcoin trading, Nigeria seen as biggest cryptocurrency market in Africa

A new report shows that Nigeria is one of the most rapidly increasing cryptocurrency markets in the world, as it stands as the biggest source of Bitcoin trading volume on the African continent. A study conducted by Blockchain.com has taken data from the trading activity...

Bitcoin $12,000 Surge Tumbles as Volatility Returns

Cryptocurrency reached highest level in almost a year Bitcoin fell almost $1,500 within about 30 minutes of trading Bitcoin is reminding investors of both its promise and peril in trading. The world’s largest cryptocurrency surged to $12,112 in trading just after midnight New York time Sunday, its...

Bitcoin Spikes on Gold Rally as Dollar Slump worsens

Bitcoin surged to the highest in almost a year as the slump in the dollar and rally in gold bolstered the notion that cryptocurrencies will emerge as a viable alternative to traditional monetary systems. The largest digital token climbed as much as 15% to $10,944,...

Bitcoin And Cryptocurrency nears global recognition Payment Giants partner

Payments giants Visa, Mastercard and PayPal have had a rocky relationship with bitcoin and cryptocurrencies in recent years (though have been softening their stances for some time). In 2018, all three companies cracked down on bitcoin and cryptocurrency transactions in the wake of bitcoin’s massive...

Bitcoin, other Cryptocurrency rally in new resistance after breakout run

Index is approaching level it failed twice this year to breach Relative-strength index suggests crypto market is overbought The cryptocurrency market may be about to face a big test in the wake of this week’s resurgence. The Bloomberg Galaxy Crypto Index, which measures the performance of many...

17 Biggest Forex Brokers in Nigeria

Anene Peters 28 july ,2020 IG Markets provides more than 17 000 financial markets to nearly 180 thousand traders across the globe. These markets include a wide range of indices, forex, shares, commodities and cryptocurrencies through the MetaTrader 4 and ProRealTime platforms. IG Markets is one of...

Cryptocurrency Scammers Hack Twitter Accounts of Barack Obama, Jeff Bezos, Kanye West and Elon Musk others

Over a dozen high-profile Twitter accounts, including Apple, Amazon CEO Jeff Bezos, Microsoft founder Bill Gates, Democratic presidential candidate Joe Biden, and former president Barack Obama, were apparently hacked on Wednesday and posted tweets telling followers to send bitcoin to a specific address. One wallet...
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