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Bitcoin Price Analysis: BTC Correction Is Not Over Yet, $30K Before $40K?

Another volatile weekend: the Bitcoin price is down by 7% over the past 24 hours after losing critical support at $36,000. Only three days ago, the cryptocurrency pushed over $40K but failed to close above the benchmark level.After failing at $40K, BTC started losing altitude on Friday as it broke beneath a short term rising price channel. It then dropped into support at $34,800 (short term .5 Fib Retracement) and rebounded sharply, but couldn’t overcome resistance at $38K ($37,940, bearish...

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Bitcoin Tumbled $3500 In 24 Hours: Altcoins On The Rise As BTC Dominance Drops To 66%

Bitcoin’s bloody weekend continued with substantial price declines as the primary cryptocurrency dipped beneath $35,000, for the second time in 3 days. In contrast, remarkable gains for Cardano (ADA) and another all-time high for Polkadot have sent BTC’s dominance over the market to about 66%.Bitcoin Loses More Than $3K In 24HJust a few days after the Monday crash, in which BTC bottomed slightly above $30K, the cryptocurrency managed to recover most losses and even tried its hand at $40,000...

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Stefan Thomas Is Okay with the Recent Loss of His BTC Fortune

Recently, Live Bitcoin News published a story about Stefan Thomas, a San Francisco resident originally from Germany that had only two tries left to access his locked bitcoin stash. Here is an update for all who may have been worried about his situation.Stefan Thomas: Finding Peace Through LossThomas has all his digital funds stored in a special kind of wallet known as Iron Key. The wallet is built to be stronger than standard wallets and less susceptible to fraud and theft. The big clincher...

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Institutional Investors Bought $2.8 Billion in Bitcoin Through Grayscale In Q4 2020

Grayscale Investment has done it again with another record-breaking quarter. In its Q4 2020 report, the leading digital asset manager informed that institutional investors had allocated over $3 billion into its product, with Bitcoin accounting for the most significant part.$3.3B Invested In Grayscale In Q4 2020Despite the challenges that 2020 brought to the financial markets, or perhaps because of them, Grayscale marked its best year to date with massive allocations, primarily from...

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James Howells Is Working Extra Hard to Get His Lost BTC Back

Imagine having a lot of money stored up in a safe somewhere. Before you even realize it, you’ve somehow lost the safe’s key only to find that it went out with the rest of your everyday trash. It wasn’t something that you meant to do… It just kind of, well… happened. For 35-year-old James Howells, this is the reality he’s currently facing after realizing that he threw out some hard drives containing quite a bit of bitcoin with the rest of some unwanted materials.James Howells Really Wants His...

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Introducing ethrift.io Non-Custodial FIAT Ethereum Gateway

Sui Generis Pty Ltd est. 11.11.11 in Gold Coast, Queensland, Australia is a privately held organisation that specializes in medical innovation, research and development. We have a lean international team and work with world class developers to economically bring quality projects to fruition for you.Our first project ethrift.io is an Australian AUSTRAC registered non-custodial digital currency exchange. At launch it features AUD/ETH ETH/DAI trading pairs and DSR savings vault. Our system...

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Bitcoin Suffers Another Fall; Shaves Off $5,000

Bitcoin is ending the week with another dip added to its roster. The currency – which less than 24 hours ago was trading in the low $40,000 range again – has fallen by about $5,000 at the time of writing and is now trading for just over $35,000.Bitcoin Has Experienced Another Major SlipWith the first few weeks of January in the books, it appears bitcoin is having difficulty making up its mind about where it wants to be for now. Initially, the currency hit a new all-time high of roughly...

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ETH Soars Towards $1300: Only 11% Away From ATH (Ethereum Price Analysis)

ETH/USD – Bulls Return To Bearish .886 Fib Resistance.Key Support Levels: $1,200, $1,165, $1,100.Key Resistance Levels: $1,300, $1,350, $1,392.Ethereum saw a whipsaw-like action in trading this week after starting above $1,300 and dropping into the $1,050 support (.382 Fib Retracement). From there, it rebounded on Wednesday as it pushed higher but became stuck at a short term falling trend line.ETH then headed lower but found support at $1,165 (.236 Fib Retracement). It rebounded from this...

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Polkadot Price Analysis: DOT Skyrockets 30% In 24 Hours, Is $20 Next?

DOT/USD – DOT Sets New ATH At $18.15.Key Support Levels: $17.30, $16, $15.35.Key Resistance Levels: $18.15, $18.65, $19.55.Today, DOT surged by 30.5% to set a new ATH price at $18.15. The cryptocurrency is now up by a total of 88% this week after bouncing from support at $8 on Wednesday. From there, it continued higher until it hit resistance at $15.10 (1.618 Fib Extension) on Thursday.It stalled at this resistance yesterday, but today’s 30.5% price surge allowed it to break beyond $15.10 as...

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Michael Novogratz’s Galaxy Digital to Jump Into BTC Mining

Mike Novogratz’s Galaxy is planning a significant leap into the Bitcoin mining sector. Galaxy Digital Mining will be the designated new fraction of the investment company. The upcoming project will reportedly focus on establishing a new business body aimed at providing financial services for miners.Delivering Financial Services to MinersAccording to an official press release, the Galaxy Digital Mining project will be launching in 2021. The new company will connect with already existing...

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