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Category: BTCGBP

Has Shiba Inu ($SHIB) Lost Its Momentum Amid Bitcoin ($BTC) ATH Surge?

Shiba Inu ($SHIB), the meme coin that has made headlines for its bullish momentum as well as resilience against Bitcoin ($BTC), seems to be succumbing to the recent bullish surge in Bitcoin price. $SHIB price broke past two immediate support and currently trading just above $0.000025 with a 4% decline over the past 24-hours. On

The post Has Shiba Inu ($SHIB) Lost Its Momentum Amid Bitcoin ($BTC) ATH Surge? appeared first on Coingape.

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It’s Final, ProShares Bitcoin Futures ETF To Start Trading In the U.S. Next Week Onwards

The wait is finally over as the first Bitcoin ETF in the U.S. will start trading next week onwards as per the SEC filing. The optimism has sent Bitcoin price skyrocketing past $62,000 and there’s every possibility that we could be seeing a new all-time high as soon as this weekend. As per the filing,

The post It’s Final, ProShares Bitcoin Futures ETF To Start Trading In the U.S. Next Week Onwards appeared first on Coingape.

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Bitcoin (BTC) Price Tops $62,000 After Jack Dorsey Announces Bitcoin Mining Plans

The world’s largest cryptocurrency Bitcoin (BTC) is showing solid strength and has gained another 5% to soar past $62,000 levels moving pretty closer to its all-time high. As of press time, BTC is trading 4.53% up at $62,101 with a market cap of $1.16 trillion. On-chain data provider Santiment reports that the dormant BTC is

The post Bitcoin (BTC) Price Tops $62,000 After Jack Dorsey Announces Bitcoin Mining Plans appeared first on Coingape.

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LINK Price Analysis: Hidden Bullish Divergence Patterns Suggest Continuation of Move Upwards

The FinTech platform YouHodler integrates with Chainlink price feed to improve auditing and reliability of the data used to trigger key backend processes such as loan issuing, liquidation of under-collateralized loans in a secure way without compromising data quality. The FinTech platform offers alternative and high-yield crypto savings accounts crypto-backed lending with fiat secured crypto

The post LINK Price Analysis: Hidden Bullish Divergence Patterns Suggest Continuation of Move Upwards appeared first on Coingape.

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Bitcoin Futures Premium Shoots 3x Amid Strong Rumors of Bitcoin Futures ETF

The world’s largest cryptocurrency Bitcoin (BTC) continues to gain strong momentum surging past $59,000 levels earlier today. As of press time, Bitcoin (BTC) is trading 2.74% up at a price of $59,650 and a market cap of $1.120 trillion. The rumors of the first Bitcoin ETF approval linked to Bitcoin futures are gaining strength adding

The post Bitcoin Futures Premium Shoots 3x Amid Strong Rumors of Bitcoin Futures ETF appeared first on Coingape.

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CAKE Price Analysis: Pancake Swap (CAKE) All Set for A Breakout to Upside

The Pancake Swap DEX on the Binance Smart Chain recently announced the execution of its scheduled token burn via its Twitter handle on 12 October. Its scheduled CAKE burn function results in a token burn of more than 7million CAKE tokens valued at around 132 million USD. The recent Pancake DEX token burn, though significant

The post CAKE Price Analysis: Pancake Swap (CAKE) All Set for A Breakout to Upside appeared first on Coingape.

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Bitcoin Price Knocks On $60,000 Amidst Growing Rumors Of BTC Futures ETF Approval By The US SEC

Bitcoin price makes a comeback above $59,000, closing in on $60,000 now more than ever since the recovery started in July. A BTC Futures ETH is likely to debut in the market following expected approval by the US regulator. Bitcoin continues to excite investors with its gradual but consistent quest for the all-time highs near

The post Bitcoin Price Knocks On $60,000 Amidst Growing Rumors Of BTC Futures ETF Approval By The US SEC appeared first on Coingape.

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Bitwise Re-Files for Bitcoin ETF, Here’s Why the Firm Believes it will Secure Approval this time

Popular asset manager Bitwise has filed for a Bitcoin Exchange Traded Fund (ETF) product with NYSE Arca, a major move it is making after the rejection of its previous applications. As unveiled by the company’s Chief Investment Officer, Matt Hougan, Bitwise currently has an active Bitcoin Futures ETF application, however, the firm believes that an

The post Bitwise Re-Files for Bitcoin ETF, Here’s Why the Firm Believes it will Secure Approval this time appeared first on Coingape.

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China Crypto Ban: World’s largest Bitcoin mining pool to block IP access from mainland China

The latest update in the Chinese crypto ban saw the world’s largest Bitcoin mining pool, Ant Pool give in to the regulatory crackdown and announced blocking IP access in mainland China, effective from 15th October. Additionally, amid a global crypto takedown, Ant Pool has also revealed the upcoming launch of its exclusive KYC verification system

The post China Crypto Ban: World’s largest Bitcoin mining pool to block IP access from mainland China appeared first on Coingape.

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Crypto Ban: China to Investigate Government Executive’s Illegitimate Crypto Mining

The Central Bank of China earlier this month issued a new set of crypto crackdown guidelines which is being seen as the most comprehensive one to date. The draft law deemed all crypto-related transactions illegal, ordered authorities to crackdown and remove small and medium mining operations being carried on in homes and rural provinces, and

The post Crypto Ban: China to Investigate Government Executive’s Illegitimate Crypto Mining appeared first on Coingape.

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Breaking: Vladimir Putin Says Cryptocurrencies Can Become Legitimate Payment Currency

Vladimir Putin, the President of Russia seems to be in favor of cryptocurrencies and their use in the payment sector. In a recent interview with CNBC, Putin said crypto-assets  “has the right to exist and can be used as a means of payment,” Russian President’s pro-crypto stance came as a surprise to many given Russian

The post Breaking: Vladimir Putin Says Cryptocurrencies Can Become Legitimate Payment Currency appeared first on Coingape.

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Binance (BNB) Price Analysis: On-chain Data Shows Rise In Demand for the BNB Coin, Will BNB Outperform BTC?

Why Is Binance Coin (BNB) Price Surging? Among many reasons recent 1 billion USD fund for project development of DApps on the Binance Smart Chain [BSC] is one major catalyst fueling the BNB price.  The crypto data tracking service, Santiment spotted an increase in demand for BNB on wallets with BNB whales acquiring roughly 412K

The post Binance (BNB) Price Analysis: On-chain Data Shows Rise In Demand for the BNB Coin, Will BNB Outperform BTC? appeared first on Coingape.

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SHIB Price Analysis: Shiba Inu Price Hints Breakout of Ascending Triangle Resistance Amid Token Burning News

Amid regulatory uncertainties, India’s top crypto exchange, ZebPay, recently announced the listing of Shiba Inu’s SHIB token on its platform, following the path of Bitpanda, Coinbase Pro, and Binance. The SHIB price rose by roughly 350% from its October opening price bringing its market cap to the 18th position at press time, and quickly lives

The post SHIB Price Analysis: Shiba Inu Price Hints Breakout of Ascending Triangle Resistance Amid Token Burning News appeared first on Coingape.

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Cathie Wood’s Ark Invest Is The Latest to Apply for Bitcoin ETF Tracking BTC Futures

Ark Invests’ Cathie Wood is going all guns blazing when it comes to being a Bitcoin bull. As per the latest SEC filing, Ark Invest has applied for a Bitcoin ETF tracking the BTC futures. This comes as the SEC has shown willingness to approve such a derivative product rather than directly tracking the underlying

The post Cathie Wood’s Ark Invest Is The Latest to Apply for Bitcoin ETF Tracking BTC Futures appeared first on Coingape.

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More People are Buying Ethereum and this On-Chain Metric Confirms the Trend

Ethereum (ETH), the world’s largest decentralized blockchain network is attracting more small-scaled to medium-sized retail buyers according to on-chain trends. Data from Glassnode analytics shows that the Ethereum number of addresses holding 32+ coins has just reached a 5-month high of 109,188, confirming an accumulation trend that peaked about a week ago. 📈 #Ethereum $ETH

The post More People are Buying Ethereum and this On-Chain Metric Confirms the Trend appeared first on Coingape.

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G20-Backed Think Tank Factors in Stablecoins and CBDCs in Solving Remittance Woes

The Financial Stability Board (FSB), a multinational Think Tank that provides policy recommendations to the G20 has highlighted the importance of stablecoins and Central Bank Digital Currencies (CBDCs) in the pursuit of a functional global remittance network. In its latest report, the body highlighted the challenges that surround cross-border payments which range from high transaction

The post G20-Backed Think Tank Factors in Stablecoins and CBDCs in Solving Remittance Woes appeared first on Coingape.

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Wall Street Giant a16z Set to Lobby for Better Crypto Regulations

Venture capital firm, Andreessen Horowitz (a16z), with over $3 billion worth of funding into crypto and web3 is going to send its executives to Washington, D.C. this week to propose crypto regulations. According to CNBC, the firm confirmed its meeting with “top leaders at the White House, executive agencies, regulators, House, and Senate” to further

The post Wall Street Giant a16z Set to Lobby for Better Crypto Regulations appeared first on Coingape.

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Breaking: World’s Largest Asset Manager Sees Huge Opportunities in “Cryptocurrencies”

The CEO of the world’s largest asset manager Blackrock in a recent interview with CNBC said that he sees huge opportunities in digitized crypto blockchain currencies. During the interview, Larry Fink said, even though he doesn’t understand much about Bitcoin so can’t predict the price, but he believes that the digital currency market has huge

The post Breaking: World’s Largest Asset Manager Sees Huge Opportunities in “Cryptocurrencies” appeared first on Coingape.

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Fantom (FTM) Price Analysis: Old Resistance Turns Support with a Double Bottom Pattern on 4 Hr Chart

As the crypto market makes a steady recovery from the recent correction in total market cap, Fantom sees a meteoric surge in its DeFi and NFT marketplace adoption and moving from eight to fourth-largest blockchain by DeFi TVL-Total Value Locked. Both Fantom’s FTM token and Yearn Finance YFI have recorded good gains following the expansion

The post Fantom (FTM) Price Analysis: Old Resistance Turns Support with a Double Bottom Pattern on 4 Hr Chart appeared first on Coingape.

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Polkadot (DOT) Price Analysis: Imminent Breakout of Symmetrical Triangle, Time to Buy the Dip?

Lark Davis, famous New Zealand-based crypto analyst stated reasons for his bullish position on the DOT token of the Polkadot ecosystem on 10 October. A notable reason being the announcement of Polkadot Parachains by Dr. Gavin Wood. Polkadot (DOT), now viewed by many analysts as layer-0, allows developers to build smart contract blockchains like ETH

The post Polkadot (DOT) Price Analysis: Imminent Breakout of Symmetrical Triangle, Time to Buy the Dip? appeared first on Coingape.

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