Bitcoin Retreats Just Below $30K, But It Can Still Recover

Bearish pressure was strongly felt in the cryptocurrency markets earlier this week as Bitcoin fell under $33K, thus leading some analysts to warn about a slow and gradual downturn towards the $30K level, but a higher support level should not be entirely dismissed for various reasons. Chinese financial regulators have…

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Cryptocurrency Mining Can Be Fun if You Play Axie Infinity

For all the talk about Bitcoin, Ethereum, and decentralized technology (DeFi) projects, a handful of small players in the cryptocurrency markets have been posting amazing gains during the ongoing bearish period of market correction. One of those players is known as the Small Love Potion (SLP) token, which offers an…

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Bitcoin Needs More Liquidity in Order to Dee a Rally

Despite persistent efforts from major investors to keep Bitcoin floating above the $35,000 price level, market analysts believe that the exchange price of BTC/USD still has room to dip below $30,000. Moreover, a gradual decline of market liquidity could result in BTC heading into the $24,000…

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China's Digital Yuan Ambitions Are Driving Bitcoin Out of Circulation

China, Hong Kong, Singapore, and Taiwan continue to be the some of the most active Asian jurisdictions in terms of cryptocurrency activity and blockchain development, but recent developments point towards stricter regulation. Without a doubt, China is the largest and most attractive market for digital currencies, but the Communist Party…

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