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2024 Sep 07 10:46:57
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Currency news
Blockchain technology has the potential to revolutionize a wide range of industries and applications. While it is most commonly associated with cryptocurrencies like Bitcoin, the uses of blockchain go far beyond the world of finance.
One of the most significant potential uses of blockchain is in supply chain management. By using a distributed ledger, companies can track the movement of goods from the point of origin to the final destination, increasing transparency and accountability throughout the supply chain. This can help to reduce the risk of fraud and errors, and make it easier for companies to comply with regulations.
Another potential use of blockchain technology is in the field of voting. By using a secure, transparent, and immutable ledger, governments and other organizations can conduct elections and other forms of voting in a way that is verifiable and auditable. This can help to increase trust and confidence in the electoral process, and reduce the risk of voter fraud.
Blockchain technology can also be used in the field of identity verification. By creating a decentralized system for storing and verifying personal information, organizations can reduce the risk of identity theft and fraud, while also giving individuals more control over their personal data.
In the field of healthcare, blockchain technology has the potential to revolutionize the way that medical records are stored and shared. By using a distributed ledger, patients can have greater control over their own health data, and healthcare providers can access the information they need more quickly and efficiently.
Overall, the potential uses of blockchain technology are virtually limitless. While it is often associated with cryptocurrencies, the truth is that the technology has the potential to transform a wide range of industries and applications. Whether it is used in supply chain management, voting, identity verification, or healthcare, the potential benefits of blockchain technology are clear.
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While recent bearish crossovers between Bitcoin's 50-day and 200-day exponential moving averages failed to push prices lower, this time could be different.
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Bitcoin and most major altcoins have fallen to key underlying support levels, which could be an early sign of an impending oversold bounce.
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Bitcoin will be likely gaining “upper hand” versus stocks this year, according to Bloomberg Intelligence analyst Mike McGlone.
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In a dramatic week for Bitcoin price action, traders are keen to capitalize, hitting a new all-time high for the leverage ratio.
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There are some strong similarities to summer 2021 for Bitcoin currently, while the outlook for Ethereum is bleak, one trader suggests.
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The partnership will use blockchain technology for some of its best-suited use cases in increasing transparency, verifying data and storing sensitive genetic information.
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Macro factors are combining to make more and more analysts distinctly wary over where Bitcoin and altcoins are headed in 2022.
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BTC’s drop to $42,230 sent a key sentiment indicator to an “extreme” low, but top traders are confident that a bounce off $38,000 would confirm the bottom.
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Various educational and developmental Bitcoin projects from around the world have now been granted funding, according to the Foundation.
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The FOMC minutes on Wednesday revealed that policymakers intend to step up their fight against inflation in 2022.
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Should Eric Adams accept his first three paychecks in Bitcoin, he would likely acquire more than 1 BTC following the price drop to $42,948.
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Bids for the blockchain company's shares rose after announcing first-ever Bitcoin dividends on Nasdaq.
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A Binance whale wallet added 43,000 Bitcoin to its reserves while Bitcoin’s third-largest wallet continues to buy the dip.
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No challenge of $40,000 yet as analysis reveals that active bears are selling into a black hole.
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Newly minted Bitcoin supporter Ray Dalio agrees that Bitcoin should make up a small percentage of investors’ portfolios in 2022.
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More volatility expected as Bitcoin market sentiment dives to its lowest in almost seven months.
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Prices of $42,000 per Bitcoin were more than enough ammunition for well-known Bitcoin bears to reload.
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Bitcoin price slipped below $44,000 shortly after notes from the Federal Reserve’s December FOMC session re-confirmed plans to get the balance sheet under control.
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No timeline exists as to when the internet will switch back on in the second-biggest Bitcoin mining country in the world.
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Technical analysis and on-chain data hint that Bitcoin is gearing up for a volatile move and traders expect altcoins to follow.
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As a “hidden bullish divergence” begins to play out, anticipation combines with calls to plan a Q1 market exit.
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Bitcoin and most major altcoins have fallen to key underlying support levels, which could be an early sign of an impending oversold bounce.
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Bitcoin will be likely gaining “upper hand” versus stocks this year, according to Bloomberg Intelligence analyst Mike McGlone.
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There are some strong similarities to summer 2021 for Bitcoin currently, while the outlook for Ethereum is bleak, one trader suggests.
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Ether lost roughly 13.50% versus Bitcoin’s 9% decline in the past 24 hours.
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Technical analysis and on-chain data hint that Bitcoin is gearing up for a volatile move and traders expect altcoins to follow.
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Bitcoin and altcoins had a stellar year, but how might ETH, BNB, AVAX and MATIC perform in 2022?
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Open interest combined with flat funding rates suggests that an "explosive" volatility period is inbound, analysts say.
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Bitcoin’s inability to reclaim the 20-day EMA is a sign that selling in BTC and altcoins remains a threat.
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It's not looking great for Bitcoin on short timeframes, and Ethereum is becoming an increasingly popular bet instead.
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Bitcoin and most major altcoins are attempting a recovery from their strong support levels, indicating that traders continue to buy on dips.
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Bitcoin rises above $48,500 in a show of strength as over $6 billion of options expires.
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Bitcoin and most major altcoins have fallen to key underlying support levels, which could be an early sign of an impending oversold bounce.
...
There are some strong similarities to summer 2021 for Bitcoin currently, while the outlook for Ethereum is bleak, one trader suggests.
...
Technical analysis and on-chain data hint that Bitcoin is gearing up for a volatile move and traders expect altcoins to follow.
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Bitcoin and altcoins had a stellar year, but how might ETH, BNB, AVAX and MATIC perform in 2022?
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ID, PAC and RVN lead the altcoin breakout, while Bitcoin price targets new lows below $46,000.
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Open interest combined with flat funding rates suggests that an "explosive" volatility period is inbound, analysts say.
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It's not looking great for Bitcoin on short timeframes, and Ethereum is becoming an increasingly popular bet instead.
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LUNA, FTM, ATOM, and ONE could rally if Bitcoin rises above the 50-day SMA.
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