Blockchain 

Vechain (VET) Soars 100% in Few Weeks

One thing that has remained a constant over the past few years in the crypto space is the sort of seemingly unexplained volatility that is experienced by certain tokens like Vechain (VET). Vechain is a blockchain-powered platform and is primarily meant for helping users with supply chain management solutions. VET recently enjoyed a massive rally, despite the fact that the larger crypto market has been largely subdued. One of the most important things to point out about this particular project is the fact that it does have a use case.…

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Blockchain 

Bitcoin Drops 30% in Two Weeks

In the first half of the year, Bitcoin (BTC) went on a remarkable rally that raised hopes of a similar rally like the one in 2017 that took the token’s price to $20,000. However, things have not gone as many had hoped, and since the month of July, the world’s biggest cryptocurrency has lost its momentum. This week has been a particularly shattering one for BTC as it plunged to new depths and the most worrying bit about the nosedive is the fact that most traders are not sure about…

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Blockchain 

Bitcoin Extends Decline as Altcoins Stabilize Following This Week’s Slump

On Tuesday, crypto markets slumped, but since then, various altcoins have staged a recovery. However, Bitcoin extended its decline and has now dropped 6% in the past 24 hours. Altcoins Show Signs of Recovery This slowed down the massive losses witnessed the previous day when the world’s most traded digital asset plunged 17%. Other coins such as EOS and Ether racked some modest gains with EOS, which plunged 28% on Tuesday, advancing 3.8%. Investors have associated the Tuesday plunge with the lackluster launch of Bakkt futures contract and the broad…

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Blockchain 

Ethereum (ETH) to Fall 20%? Altcoin Capitulation Expected in Two Weeks

In the past few days, the altcoin market has taken a beating with major cryptocurrency assets such as Ethereum (ETH) and Ripple (XRP) dropping to fresh lows. This has caused widespread panic in the industry, and many crypto investors are beginning to believe that a bottom for altcoins will be set. Ethereum to Fall 20% Further: Analyst Thoughts However, one cryptocurrency analyst sees Ethereum dropping even more by over 20% and that the real altcoin capitulation will begin in two weeks. Ethereum has lost significantly since the ICO boom that…

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Blockchain 

Fidelity Investments will Trade Bitcoin in a Few Weeks!

According to Bloomberg, Fidelity Investments is on the verge of buying and selling Bitcoin (BTC). Earlier this year, the firm began a custody service to store Bitcoin, but now it will evolve to trading. Fidelity Investments Embraces Bitcoin Fidelity is one of the largest asset managers in the world. Its newly-formed arm—Fidelity Digital Assets—will be the first of its kind to offer “over-the-counter trade execution and order routing for Bitcoin.” The Wall Street giant is aiming its cryptocurrency trading product at institutional traders and will start with Bitcoin. According to Fidelity…

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