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    Tag: USDT

    Crypto 12 16 2022 LearnCrypto Powered By Wyckoff SMI 2023

    Binance Proof-of-Reserves Auditor Mazars Pauses All Work for Crypto Clients

    Mazars has deleted Binance’s proof-of-reserves assessment, which found its bitcoin reserves were overcollateralized. Mazars, the auditing firm working with Binance and other crypto exchanges on…

    Karrie Butterfield December 16, 2022
    Tether 8 26 2020 LearnCrypto Powered By Wyckoff SMI 2023

    Tether’s USDT Surpasses Bitcoin and PayPal’s Average Daily Transfer Value

    Tether’s USDT stablecoin has seen its 7-day average daily transfer value surpass that of the flagship cryptocurrency bitcoin and PayPal, according to new research. A…

    Karrie Butterfield August 26, 2020
    0 Comments
    Binance 2 6 2020 LearnCrypto Powered By Wyckoff SMI 2023

    Binance Now Lets Users Borrow Against Crypto Holdings to Fund Futures Trades

    Malta-based Binance, one of the world’s top cryptocurrency exchanges by trading volume, now allows users put up their crypto holdings as collateral to fund futures…

    Karrie Butterfield February 6, 2020
    0 Comments
    crypto 11 1 2018 2 LearnCrypto Powered By Wyckoff SMI 2023

    Breaking: Tether Opens $1.8 Billion Bank Account in the Bahamas

    Tether Limited, the issuer of controversial USD-pegged cryptocurrency stablecoin tether (USDT), has confirmed that it has established a banking relationship with a small financial institution based out…

    Karrie Butterfield November 1, 2018
    0 Comments
    Crypto 10 15 2018 2 LearnCrypto Powered By Wyckoff SMI 2023

    This May Be the End of Bitfinex, One of the Biggest Exchanges in Crypto

    After last week’s price drop, investors have become optimistic in the positive short-term trend of crypto. The new bull run is being led by Bitcoin,…

    Karrie Butterfield October 15, 2018
    0 Comments
    blockchain 9 11 2018 LearnCrypto Powered By Wyckoff SMI 2023

    Gemini Dollar (GUSD) vs. Paxos Standard (PAX)

    What GUSD and PAX Have in Common Both of these are: the world’s first-ever regulated stablecoins, approved and regulated by the New York State Department of Financial Services (NYDFS);…

    Karrie Butterfield September 11, 2018
    0 Comments
    Coinbase 8 18 2018 LearnCrypto Powered By Wyckoff SMI 2023

    Coinbase Coming Close to Holding an Impenetrable Competitive Position: Report

    The latest report reveals that the crypto trading fees is going to double this year despite price slump where Coinbase has 50% of the transaction…

    Karrie Butterfield August 18, 2018
    0 Comments
    Crypto 7 10 2018 LearnCrypto Powered By Wyckoff SMI 2023

    Trading Opens on Huobi’s New US-Based ‘Strategic Partner’ HBUS

    Huobi crypto exchange has opened trading on its newly created U.S.-based “strategic partner” HBUS, according to a press release shared with Cointelegraph today, July 10.…

    Karrie Butterfield July 10, 2018
    0 Comments
    Tether 7 3 2018 LearnCrypto Powered By Wyckoff SMI 2023

    Kraken Crypto Exchange, Community Blast Bloomberg Article on Tether ‘Red Flags’

    Major crypto exchange Kraken has issued a scathing response to a recent Bloomberg article about stable cryptocurrency Tether (USDT) allegedly “defying logic” on Kraken’s platform. The article in question,…

    Karrie Butterfield July 3, 2018
    0 Comments
    Bitcoin 6 30 2018 LearnCrypto Powered By Wyckoff SMI 2023

    Crypto Markets Rebound Significantly After a Week of Losses

    Saturday, June 30: crypto markets are seeing a significant rebound after this week’s decline. All of the top ten cryptocurrencies by market capitalization are in…

    Karrie Butterfield June 30, 2018
    0 Comments
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    Crypto Markets Rebound Significantly After a Week of Losses

    Forum Description

    Saturday, June 30: crypto markets are seeing a significant rebound after this week’s decline. All of the top ten cryptocurrencies by market capitalization are in the green with Cardano (ADA) being the biggest winner - up 18.6 percent over the past 24 hours, according to Coinmarketcap.

    Market visualization from Coin360

    Market visualization from Coin360

    Bitcoin is up around 8 percent over the 24 hour period, trading at $6,391 at press time.

    Bitcoin price chart

    Bitcoin price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) is currently at $457, with an increase of around 12 percent over the past 24 hours.

    Ethereum price chart

    Ethereum price chart. Source: Cointelegraph Ethereum Price Index

    The total market cap has seen substantial growth in 24 hours to press time, up from yesterday’s $232 billion to $258 billion today.

    Total market capitalization chart

    Total market capitalization chart. Source: Coinmarketcap

    Cardano is up the most among the top ten coins by market cap. The cryptocurrency is up 18.6 percent in 24 hours to press time, trading at around $0.137 at press time, according to Coinmarketcap. Bitcoin Cash (BCH) boasts the second largest increase, up 14 percent and trading around $755. Crypto markets have seen two significant slumps earlier this week when Bitcoin dipped below $6,000 on June 24 and June 29, the latter being the expiration day of CME Group’s Bitcoin futures. On June 28, Robert Sluymer of Fundstrat Global Advisors predicted that Bitcoin must rally through the $6,300-6,400 resistance level to reverse the existing downtrend.
    “...We have a critical stop level at the $5,800-6000… with a resistance level of $6,300-6400. If it can rally through that, I think there’s a chance Bitcoin could start to turn.”
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