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Altcoins have been the talk of the cryptocurrency market this past week, with Ethereum reaching a new all-time high. Dogecoin surpassing the $0.60 mark and Ethereum Classic moving up almost 300% the past 7 days. What does this spell for the short term of Bitcoin? Only time will tell.
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Yerevan (CoinChapter.com) - Bitcoin competitors, such as Ethereum (ETH), Cardano(ADA), Litecoin (LTC), and EOSIO (EOS), have logged massive gains in the past few sessions. Analyst Michael Van De Poppe agrees that an altcoin season is approaching. The Amsterdam-based analyst tweeted about his views, predicting more gains on the horizon for smaller coins, such as Ripple Lab's XRP and Stellar Lumen's …
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Bitcoin transactions have surpassed the $36bn-milestone as the prime cryptocurrency became a hedge against the growing inflation. "Inflation Shock" Mark Kolanovic, one of JPMorgan's top analysts, predicted an "inflation shock" that the unprepared portfolios and inexperienced investment managers will imminently face soon enough. The analyst published a note titled "Positioning for Inflation," where he elaborated on the "rotation towards a …
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There is an awkwardness in the way Coinbase stock is responding to its amazing revenue stream from a flurry of cryptocurrency-focused outlets, which includes a crypto exchange, a trading platform, and a digital asset custodianship.
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All cryptocurrency markets are resuming their bullish momentum established in recent weeks. One of the surprising assets is Ethereum Classic, or ETC. It is a very bullish market right now, even though the uptrend is not necessarily backed by anything substantial.
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XRP, a blockchain asset issued by San Francisco-based blockchain firm Ripple Labs, showed signs of pursuing a bullish breakout during the early London session on Thursday.
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