Cryptocurrency

Analysis of prices for BTC, ETH, XRP (19.04.21)

BTC / USD Last Saturday, the bulls could not gain a foothold above the level of average prices and the pair rolled back beyond the lower border of the ascending channel. On Sunday, sellers formed a strong bearish momentum that broke through the 60,000.00 USD support and forced the bitcoin price to test the yellow support at the 51,600.00 USD level. The rebound was quite high, to the area of…
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Cryptocurrency

The deputy head of the Central Bank of China pointed to the great potential of stablecoins

The leadership of the People’s Bank of China has begun to change its attitude towards cryptocurrencies. The Central Bank for the first time recognized the great potential of virtual coins backed by fiat. The position of the regulator was indicated by Li Bo, who recently took the post of deputy head of the People’s Bank of China. Speaking at the forum last Sunday, the official said…
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Cryptocurrency

Bitcoin price fell to a three-week low

The support zone around $ 60,000 did not work. Bitcoin on Sunday, April 18, fell in price to its lowest level in three weeks. At the time of publication of this review, the coin was trading at $ 56,900. BTC capitalization per day decreased by 7.5% to $ 1.063 trillion. Recall that the WhaleMap team, which analyzes the activity of the “whales”, previously pointed to a zone of strong…
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Cryptocurrency

Open Interest in Ethereum Options Reaches New Highs

Institutional investor demand for Ether (ETH) has skyrocketed this year. This is evidenced by the growing open interest in products targeted at the largest altcoin. Open interest in Ethereum options hit a new high this week, according to Block Research. This indicator has…
Cryptocurrency

Network hashrate reached 200 EH / s

Computing activity on the bitcoin network has broken all previous records this week. The hashrate, according to the analytical platform Glassnode, has reached 200 exaches per second (EH / s). This is a new historical maximum, experts said. Over the past nine months, the computing power on the blockchain has approximately doubled, which suggests that miners expect higher prices in the market and…
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