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Month: May 2020

cryptocurrency May 26, 2020

Ethereum 2.0’s “many clients” approach is sometimes criticized for slowing down progress, but a Nimbus developer believes this will make the network more resilient. Progress on Ethereum 2.0 has picked up pace recently as the Schlesi multiclient testnet has revealed itself to be a more-or-less stable network. Cointelegraph spoke with Zahary Karadjov, the research and development […]

cryptocurrency May 26, 2020

Following a slightly disappointing start to the week, the BTC-USD pair bounced back from the $8,600s and is now gradually approaching $9,000 yet again. Whether or not the bulls manage to build on this momentum to push the price beyond the resistance around $9,100 remains to be seen. By now it is becoming clear that […]

cryptocurrency May 25, 2020

Ethereum’s price action has been incredibly week in the time following its parabolic movement to highs of $290 in February.It appears that there has been a divergence between the cryptocurrency’s technical outlook and fundamental strength, however, as a key data metric suggests that ETH has built immense underlying strength over the past couple of years.This […]

cryptocurrency May 25, 2020

The cryptocurrency market underwent a decline which drove the collective market cap to $246 billion, at the time of writing. Following this, Bitcoin fell below $9,000-mark while its dominance also took a minor plunge to 65.6%. Source: CoinStats At press time, BTC was being traded at $8,797 after a slump of 5.06% over the past […]

cryptocurrency May 25, 2020

The volume of Bitcoin (BTC) tweets is on the rise once again pointing to a strengthening of bullish expectations among traders. Tweeting on Monday, analyst Zack Voell highlighted the significant surge in Bitcoin Twitter mentions over the past few months. In the past, social media metrics such as tweet volume or comments on platforms like […]

cryptocurrency May 25, 2020

Bitcoin started the week on a much weaker note after the bulls failed to keep the BTC-USD pair afloat over the key support line at $9,100. As of writing, the benchmark cryptocurrency is down more than 5% since the intraday high of $9,300+ on Saturday and is trading at just over $8,850. As BeInCrypto previously […]

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