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Don’t Party Tron Believers, For the Crypto is Still Bearish

The Tron (TRX) market stepped into light on Wednesday as investors’ confident in the cryptocurrency returned. The world’s twelfth biggest blockchain asset posted two consecutively sessions in green until Thursday. Ahead of the close, the TRX/BTC exchange rate had established 247 sats as its intraday peak, up 14.88 percent from its local swing low, shows…

Facebook’s Libra Cryptocurrency is Transformative: UK Chancellor

Facebook’s plan to launch Libra, a payment cryptocurrency, is potentially a step in the right direction, believes Philip Hammond. The UK chancellor said in an interview to CNBC’s Squawk Box that Libra could be transformative in shaping the payment industry, adding that the UK regulators are willing to work with Facebook in making that happen. “We…

Bitcoin Price Slips Below $9,500 Following Facebook Hearing

The price of bitcoin fell below the $9,500 level soon after US lawmakers questioned Facebook executive David Marcus on its cryptocurrency plans. The BTC/USD exchange rate established a fresh intraday low of $9,426.61, down 13.17 percent from the market open. The downside price action brought the pair 31.94 percent lower from its year-to-date high of…

Bitcoin SV Analysis: BSV/USD Appears Like a Lost Cause

The price of Bitcoin SV (BSV) dropped two days in a row to extend its bearish sentiment. The BSV/USD exchange rate on Sunday established an intraday low of $131.40, down 21.11 percent from the weekend top. The move downside brought the pair’s net pullback from YTD high of $255.62 to 48.74 percent. At the same…

Bitcoin Surges Despite Donald Trump’s Anti-Crypto Tweet

Tweets that sent the US stocks down were not that powerful enough to shake bitcoin. The world’s leading cryptocurrency by market capitalization surged by more than 6 percent after the US President Donald Trump issued a negative remark against it. On Thursday, the White House boss said he is not a fan of bitcoin and…