CryptoLandβ„’ Signal | Analysis | News
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Real-time crypto signals, analysis & news.
Data-driven insights for smarter trading.

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πŸ’  ADA Rally Could Gather Steam Above This Key Breakout Resistance

πŸ–‡ ADA’s price rallied more than 8% and it broke the $0.1000 resistance. ADA is likely to accelerate higher once it surpasses the key $0.1050 resistance zone.

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πŸ’  Only 2.5 million Bitcoin left to mine

πŸ–‡ With only 21 million Bitcoin (BTC) to be issued, a little under 2.5 million BTC remains for mining. As the issuance of new coins is halved every four years, the last Bitcoin is not expected to be mined until 2140.

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πŸ’  Technicals Suggest a Crucial Breakout Pattern for ETH

πŸ–‡ Ethereum is slowly moving into a positive zone above the $350 resistance against the US Dollar. ETH price must break the $362 and $365 resistance levels to continue higher.

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πŸ’  Americans don’t want to give up their paper money, but they should

πŸ–‡ Cryptocurrency may emerge as a more widely adopted means of exchange as consumers grow increasingly comfortable with cashless transactions.

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πŸ’  Banks must establish infrastructure for digital assets before it’s too late

πŸ–‡ Crypto adoption in traditional legacy systems is moving fast, but a lack of technological infrastructure limits compliance and safe storage.

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πŸ’ What do DeFi’s food-meme tokens bring to the table?

πŸ–‡ Food-themed meme tokens are the latest craze in the DeFi world.
But, due to recent events, there are many concerns about these projects.
So what kind of structures do these projects use?

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πŸ’  Grayscale Buys Another $186 Million in Bitcoin

πŸ–‡ Grayscale Investment Fund added another $186 million to its BTC reserve as Bitcoin continued to rise over the weekend. Thus, the value of the company's cryptocurrency assets reached $5.8 billion.

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πŸ’  Chinese State Media Report: Cryptocurrencies Are The Best-Performing Assets Of 2020

πŸ–‡ Several state-owned media outlets purportedly ran reports describing cryptocurrencies as the best-performing assets since the start of the year. Can it be the reason of such a gain yesterday?

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πŸ’  EY releases new tool for analyzing Bitcoin transactions and on-chain data

πŸ–‡ Big four accounting firm EY has launched a new solution for investigating on-chain data including Bitcoin (BTC) transactions.

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πŸ’  What things may shape Bitcoin price action this week?

πŸ–‡ Bitcoin tests $11,000 on Donald Trump’s tax revelations.
But the presence of CME gap and the hack of KuCoin exchange can hinder the upward trend of BTC.
So how would the Price action of BTC perform during next week?

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πŸ”°Bitcoin Difficulty Ribbon Compression is trending up and broke out of the green buy zone for the first time since March.

Historically, these have been periods characterized by a positive momentum indicating significant $BTC price increases.

πŸ—ž #News
πŸ“ˆ #Funda

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πŸ’  One of Hal Finney's lost contributions to Bitcoin Core to be 'resurrected'

πŸ–‡ While Hal Finney may no longer be with us, one of his proposals from 2011 may soon find its way to Bitcoin thanks to an expired patent.

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πŸ’  Bored with Bitcoin price, traders chase gains in altcoins and DeFi tokens

πŸ–‡ Bitcoin price is sideways and pinned below $11K, leading traders to seek greener pastures in altcoins and DeFi tokens.

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πŸ’  European central bank execs are wrong

πŸ–‡ Recently, European central bank executives stated that central bank digital currencies don’t need a blockchain. But the clerks seem to be unknowingly or intentionally, wrong in their conclusions to why and how blockchain technology can be used, especially with CBDCs.

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πŸ’  ICO from 2017 expects October mainnet launch

πŸ–‡ Filecoin project is continuing to build momentum three years after their token sale.

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πŸ’  Soaring decentralized exchange volume suggests the DeFi craze is not over

πŸ–‡ Data shows decentralized exchange volume skyrocketed in the last 6-months and Uniswap leads the pack.

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πŸ’  Bitcoin Sets Record 63 Straight Days Closing Above $10,000

πŸ–‡ Bitcoin closed Sunday at $10,793 setting a record of 63 consecutive daily closes above $10,000, according to market data aggregated by Messari.

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πŸ’  ConsenSys wins contract for Thailand-Hong Kong CBDC project

πŸ–‡ ConsenSys will develop a proof-of-concept for cross-border payments following successful research between the two central banks of THailand and Hong Kong.

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πŸ’  Bitcoin β€˜difficulty ribbon’ chart hasn’t been this bullish since March

πŸ–‡ Bitcoin difficulty ribbon compression has broken out of a bear trend it has been in since the March coronavirus crash.

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πŸ’  Ethereum cumulative fees in 2020 eclipsed Bitcoin’s for the first time

πŸ–‡ Cumulative transaction fees paid to Ethereum (ETH) miners for 2020 are now close to double those of Bitcoin (BTC), clocking in at $276 million versus $146 million.

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πŸ’  Bitcoin decouples from
Gold and Stocks after over-night sell-off

πŸ–‡ Bitcoin plunged suddenly towards $10,600 after maintaining intraday gains above the $10,800-support all day.
The sell-off appeared despite a healthier macroeconomic outlook led by signs of progress in the release of the second COVID-19 stimulus package.

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