Altcoins

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Bitcoin is back on the offensive once more, following the enhanced volatility yesterday, and is close to breaking above $21,000. The altcoins are also well in the green on a daily scale, led by Dogecoin’s massive gains after the Musk-Twitter deal. Bitcoin Retaps $21K The past several days have been significantly more eventful for the cryptocurrency industry and the market price movements. Bitcoin stood still at $19,000 until the middle of the week, when it shot up to over...

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Bitcoin cash is attempting a fresh increase from the $104 zone against the US Dollar. The price is now trading above the $110 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $112 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $115 and $118 to continue higher in the near term. Bitcoin cash price is climbing above $110 against the US Dollar, similar to bitcoin. BCH/USD...

Seychelles-based crypto exchange Huobi will no longer support trades for its native stablecoin, HUSD. Users with funds stored in that token will have their assets auto-converted into USDT – the world’s largest stablecoin – at a 1:1 ratio.  In an announcement on Thursday, the exchange explained that the delisting is “in compliance with Article 11 of Huobi Global Token Management Rules.” The article gives Huobi Global the right to inspect its project team at any time fo reasons...

The worlds of luxury travel and crypto are beginning to fuse even deeper into one another as several hotels out there have announced plans to accept digital currency payments for stays and other services. Hotels Seem to Like Crypto a Lot More The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like...

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