Tag: coin

Financial Sector Players Call for Improved KYC Regulations

Conventional financial service and banking providers have called for improved know-your-customer (KYC) protocols in a bid to build a more powerful digital environment for the world of finance – and want to collaborate with innovative partners on sandbox projects. Today, in a Bank for International Settlements (BIS) Innovation Summit 2021 session held online and named…
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Bitcoin's four-hour chart showing a rising wedge pattern

Bitcoin Price Chart Shows Bull Fatigue as Analyst Sees ‘Rising Wedge’

Bitcoin (BTC) appears set to challenge record highs in the wake of this week’s dovish Federal Reserve meeting. One expert, however, is calling caution, based on his observation of price charts as bitcoin rose from lows near $43,000 seen earlier this month. The chart pattern has taken the shape of what’s known as a rising…
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What the $1.9T Stimulus Means for Crypto Markets

Yesterday, President Joe Biden’s $1.9 trillion coronavirus relief package received its final backing from the House of Representatives. This congressional approval for a massive fiscal stimulus could represent a major milestone for bitcoin. We have already seen two rounds of federal coronavirus relief and stimulus cheques in the US. The first, signed off in March…
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Bitcoin Nears All-Time High As US House Passes $1.9T COVID-19 Relief

Bitcoin (BTC) trading around $56,248.28 as of 21:00 UTC (4 p.m. ET). Climbing 3.54% over the previous 24 hours. Bitcoin’s 24-hour range: $53,101.24-$57,336.75 (CoinDesk 20) BTC trades above its 10-hour and 50-hour averages on the hourly chart, a bullish signal for market technicians. Bitcoin gained for a sixth straight day, extending its longest winning streak…
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Bitcoin’s Break Above $54K Could Open Path to New Price Record

Bitcoin finds support at $50,000, with next resistance seen at $54,000, and then at the all-time high around $58,000. Bitcoin found support around the key psychological threshold of $50,000 and was changing hands above $53,000 at press time. The largest cryptocurrency by market cap remains in an uptrend, defined by its 50-day, volume-weighted moving average.…
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Best DeFi Projects of 2021

Decentralized finance (DeFi) is an umbrella terminology that describes various financial technologies built on blockchain networks. These applications are geared towards disrupting traditional monetary systems by eliminating all intermediaries. With DeFi, the focus is shifted towards transparent financial services that do not require any central authority permission. 1. Uniswap Uniswap is a decentralized exchange built…
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Best Crypto Wallets

Hardware vs. Software Crypto Wallets Both hardware and software wallets store the information that grants access to your crypto assets on the blockchain: your public and private keys. Hardware wallets are physical items (often a type of USB drive). The Ledger Nano X, Trezor and KeepKey are popular names in hardware wallets. Hardware wallets are…
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Blockchain Simplified

Blockchain is a system of recording information in a way that makes it difficult or impossible to change, hack, or cheat the system. A blockchain is essentially a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on the blockchain. Each block in the chain contains a number…
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Beware of SIM Porting Attacks

If you’re a T-Mobile customer, you might have gotten a text message from the carrier recently that warned of number porting scams. Now it’s clear why Tmo is so concerned. A Washington man has filed suit against the carrier for improperly porting his number, allowing thieves to make off with his cryptocurrency. Although, with the…
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Do Some Homework On Crypto

Bitcoin is a different kind of beast that can be difficult for people to understand. New things usually are. And while Bitcoin is nearly eleven years old, it represents a completely new type of asset. Let’s break down what I perceive to be the three major components of Bitcoin’s value: PAYMENTS — WHAT PEOPLE THINK…
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