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What You Missed From Bitcoin & Cardano This Week

What you missed from Bitcoin & Cardano this week As we creep closer to the new year and as the weeks go by, many of us may now start to feel as if we are starting to tune out from what is happening in the crypto world. We are saturated with news on a daily basis and sometimes it’s easy to switch off. Our advice - DON’T! Consuming cryptocurrency news is the best way to keep up to date with trends, trends that can influence your investments and help you better manage your portfolio. We do the hard work for...

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Why Shorting Bitcoin (BTC) At These Levels Is A Recipe For Disaster

Bitcoin (BTC) appears to be at the risk of a fall to $3,000 or lower levels. Until recently, the probability of a fall to at least $3,000 seemed likely considering that the price was overbought short term. It appeared as neither the bulls nor the bears were convinced that this was the bottom and the price had to fall lower in order to take a decisive stance. However, soon as Bitcoin (BTC) fell to the 200 Week MA in the last 24 hours, we saw a strong pullback to the upside which has once again tilted the balance in favor...

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Wanchain launch World’s Most Advanced BTC To ETH Bridge

Yesterday Wanchain, the team behind the WAN cryptocurrency announced the release of Wanchain 3.0 which claims to be the world’s most advanced blockchain interoperability platform. We want to explore a little bit more about what this means for cross chain compatibility between Bitcoin, Ethereum and Ethereum’s ERC-20 tokens.   What is Wanchain? “Wanchain is a blockchain platform that enables decentralized transfer of value between blockchains. The Wanchain infrastructure enables the creation of distributed financial applications for individuals and organizations. Wanchain currently enables cross-chain transactions with Ethereum, and today’s product launch will enable the same functionalities with Bitcoin.” Wanchain is a...

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Bitcoin (BTC) Is About To Go Down But How Low Could It Fall?

Bitcoin (BTC) has started the day in green but things do not look good as the price is extremely unlikely to defend against a fall below the yearly low. The daily chart for BTC/USD shows the price trading in a large triangle which could break to the downside anytime now. The reason we expect it to break to the downside is because the price has failed to break above the 5 Day EMA and is expected to test the $2,972 historical support before a reversal. It also has to descend down to the 200 Week MA before a reversal can...

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How The Mainstream Adoption Of Bitcoin Is Becoming A Reality

The interest in Bitcoin from around the world doesn’t seem to be fading away any time soon. New data has arisen from Google Trends, as many people seem to have a keen interest in finding out what Bitcoin actually is despite the price of the leading cryptocurrency falling eighty percent from its all-time high of $20,000. On the latest data from Google Trends is suggests that the search term ‘What is Bitcoin’ is one of the most searched key phrases in both the United States and the UK. for the ‘What is…’ category, Bitcoin actually tops the list. This growing...

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