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Is Tether Behind Bitcoins Price Surges?

It’s well known that the leading cryptocurrency is the coin that drives the market. Or does it? Tether could be bringing the flagship currency out of its bear grip. It’s well known that the leading cryptocurrency is the coin that drives the market. Every coin in the market follows this ‘rule’ as wherever bitcoin goes, that’s where they go. But there might be an exception to such a rule as the leading stablecoin, Tether could be bringing the flagship currency out of its bear grip. The head of the digital investment company Capriole, Charles Edwards highlighted a particular correlation that...

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CME Managing Director Calls Bitcoin Options Market the ‘Next Chapter’

The CME options market launched earlier this week and is already set to be a big milestone for the group but the crypto space as well. Tim McCourt said that at the very start of 2020 there was a “strong participation in our CME futures.”  The CME options market launched earlier this week and is already set to be a big milestone for the group but the crypto space as well. In comparison to Bakkt, the new market is recording more numbers on its contract and in the first 24 hours, things seemingly went smoothly for the options market.  Writing...

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Rumor Has It The Fed Is About To Launch The Digital Dollar

Rumor has it that the US Federal Reserve might be about to launch a digital dollar. The rumor was kicked off by a Tweet which said the Fed could announce the introduction of a digital dollar in as soon as 24 hours. This as to be expected generated lots of shocks and not a little surprise in varied corners of the globe. It later turned out that the rumor came from the quoted statements of former CFTC Chairman Chris Giancarlo. He is popularly known as Crypto Dad and was quoted while attending the Crypto Finance Conference holding in St. Moritz...

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BCH and BSV Halving Could Be The End Of The World For Miners

Crypto mining is supposed to be incredibly lucrative, essentially creating fortunes from thin air for miners. However, Bitcoin Cash (BCH) and Bitcoin SV (BSV) miners have been lately finding it difficult to pay their bills because their mining is simply not bringing in enough cash. It bears remembering that BSV and BSH divorced from Bitcoin in a less than agreeable manner. Miners for the two crypto firms are doing their best to prop up the chain. Part of the appeal of the two new kids on the block is that transaction fees are uncommonly low, meaning that miners get to...

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$100k Bitcoin in 2021? This Analyst Seems to Think so

The recent price action from the leading cryptocurrency we saw earlier this week is pumping hope into crypto enthusiasts. There is one analyst that believes the price of Bitcoin is going to excel to highs of 100k by 2021. The recent price action from the leading cryptocurrency we saw earlier this week is pumping hope into crypto enthusiasts. Bitcoin is up more than 12% year-to-date at the time of writing. Such gains might not sound massive but the technical ramifications of having the flagship currency trading in areas above the $8k mark are what really matters.  Some commentators have already...

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