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Bitcoin: Here's the 'ticking time bomb' traders should be aware of 

Bitcoin: Here’s the ‘ticking time bomb’ traders should be aware of 

Despite Bitcoin oscillating around the $40,000-mark over the last 48 hours, the outflow of BTC from exchanges continued its downward trend. Over the week, exchange balances have continued to decline to hit a new multi-year low of 13.0% of circulating supply. This pushes exchange balances to levels last seen in February 2018.  While the aforementioned …

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Bitcoin: Why it's considered a good time to make this move

Bitcoin: Why it’s considered a good time to make this move

Crypto markets, specifically Bitcoin, have been shrouded in a cloud of worry and panic for about 3 months now. Every guess and prediction continues to fail, every rally is followed by another crash, BTC is struggling to climb back to $40k. Once the torchbearer of optimism, Bitcoin is now the primary reason for everyone’s concern, …

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Post the SNL dump, is it time to convert your Dogecoin to bitcoin?

Post the SNL dump, is it time to convert your Dogecoin to bitcoin?

The latest bull cycle was predominantly driven by altcoins. As Bitcoin’s price kept moving sideways, this had to be Ethereum’s week. Its new ATH pumped new life into the alt-community. However, as anticipated, Dogecoin stole its thunder.  There was a sense of ‘obviousness’ to Dogecoin’s trade over the past few days. Elon Musk’s appearance on …

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Coinme enters Florida for the first time with over 300 kiosks

Coinme enters Florida for the first time with over 300 kiosks

Coinme, the second-largest bitcoin ATM operator in the United States, has obtained the proper licensure to offer its services in Florida, according to a company statement. The company will now place 300 machines in grocery stores across the state through its partnership with Coinstar, the physical kiosk manufacturer.  While Bitcoin ATM operators are federally regulated through …

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Monthly crypto exchange volumes broke $1 trillion for the first time

Adjusted on-chain volume of stablecoins reaches all time high in February

The adjusted, monthly on-chain stablecoin volume hit a new high in February, rising above $360 billion for the first time. As expected, the volume figures were dominated by Tether (USDT). USDT saw 63.5% of the volume, with 18.7% going to USD Coin (USDC) and 9.6% to DAI.  USDT also saw its most-ever volume of $232 …

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Monthly crypto exchange volumes broke $1 trillion for the first time

Monthly crypto exchange volumes broke $1 trillion for the first time

Crypto exchange data collected by The Block Research shows monthly traded volumes surpassing $1 trillion in February, a new record. As of February 27, the monthly volume figure stood at $1.05 trillion. That represents an increase of $143.9 billion — or 15.9% — from January when the previous monthly high was registered. Two-thirds of the …

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ETH price tops $2,000 for the first time to hit new all-time high

ETH price tops $2,000 for the first time to hit new all-time high

The price of Ether (ETH), the native cryptocurrency on the Ethereum network, has set new record highs.  The second largest cryptocurrency by market capitalization is now changing hands at $2,003 on Coinbase Pro as of writing, after topping the $2,000 level for the first time around 3:45 UTC on Saturday. The price rally of ETH …

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