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January 15, 2021

Galaxy enters Bitcoin mining, launches financial services unit for miners

Galaxy Digital — the financial services and cryptocurrency investment management firm founded by Mike Novogratz — has set its sights on establishing a footing in the Bitcoin (BTC) mining sector. After a year of increasingly…

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Crypto News
January 15, 2021

Tor-enabled Bitcoin nodes are back after bug on network

According to the latest data from node monitoring resource Bitnodes, Tor-enabled Bitcoin (BTC) nodes are back to normal following almost a full-swing crash in early January 2021. As of Jan. 13, the number of reachable Tor-based…

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Crypto News
January 15, 2021

Grayscale inflows hit $3.3B in record-breaking fourth quarter

Institutional investors continued to pile into Grayscale products in the fourth quarter, highlighting the continued urgency for exposure to Bitcoin (BTC) and Ethereum (ETH)  Total investments into Grayscale’s family of products reached $3.3 billion in…

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Crypto News
January 15, 2021

$13B Bitcoin futures open interest reflects traders’ strong bullish optimism

Bitcoin (BTC) price recovered by 27% just three days after testing the $31,000 support and earlier today bull recaptured the $40,000 level. This quick recovery occurred despite the digital asset facing one of the largest…

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Crypto News
January 14, 2021

Coinbase opens the door to more crypto listings with Asset Hub

Coinbase, the San Francisco-based cryptocurrency exchange, has announced a new platform designed to help issuers list their assets more efficiently — and, possibly, without having to go through the cumbersome listing process currently employed by…

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Crypto News
January 14, 2021

5 stories that suggest crypto is moving into ludicrous territory

The Bitcoin bull run may have slowed since the price retreated from $42,000 last week, but the pace of absurd crypto stories appears to have sped up. Just like we saw in 2017, when a…

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Crypto News
January 14, 2021

DEX and interoperability upgrades show TomoChain (TOMO) wants DeFi dominance

The cryptocurrency market started the year in full force and with all the bullish breakouts happening it can be difficult to discern which projects are simply being driven by the macro trend and which are…

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Crypto News
January 14, 2021

Financial advisers are betting on Bitcoin as a hedge

Cryptocurrencies like Bitcoin (BTC) are increasingly being used by financial advisers as a hedge against inflation, underscoring the dramatic shift in institutional sentiment toward digital assets.  The “Bitwise/ETF Trends 2021 Benchmark Survey” reveals that 9.4% of…

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Crypto News
January 14, 2021

Bitcoin price rally to $37,850, signals that bulls intend to reclaim $40K

Bitcoin (BTC) price broke through the $35,000 resistance and appears to be stepping into a new range that would see the price trade between $38,000 to $40,000. Today’s recovery from the $34,000 level also appers…

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Crypto News
January 13, 2021

Bitcoin price stuck at $32K–$35K: Likely outcomes of BTC ‘flush’ drop

In the short term, the crucial technical resistance level is $35,500. Throughout the past 24 hours, Bitcoin has continuously rejected at that level. When Bitcoin rose to around $35,500 on Binance earlier on Jan. 13,…

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