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Cryptos finished the day mostly lower, with an exception of Ripple which traded about 1.4% higher.
Bitfinex's API is feeding data to CoinMarketCap on a USDT/USD trading pair that doesn't exist. So what does that $48 million in daily volume mean?
The rundown: Bitcoin and all major currencies were down in the morning; Aplic.io announces a new platform powered by artificial intelligence and blockchain technology to streamline educational and job search processes; the cryptocurrency market could reach $1.40 billion by 2024 from $1.03 billion in 2019 says new report; IP Exchange is using blockchain to allow […] The post Bitcoin News Crypto Currency Daily Roundup October 23 appeared first on Market Exclusive.
Craft Beer’s BrewDog launched its first cryptocurrency bar recently in the Canary Wharf financial area of London. The cashless bar will accept Bitcoin (BTC) for drinks. Apart from BrewDog, the drinkery also offers the new Hop Exchange beer from Craftbeer. The price of drinks in cryptocurrency will depend on the price movements for that day. […] The post Craft Beer’s BrewDog Launches First Cryptocurrency Bar; To Accept Bitcoin (BTC) For Drinks appeared first on Market Exclusive.
Bitcoin (BTC) is down a little under percent on the day, and is trading at $6,470 as of press time. With one notable exception Oct. 15 – a brief spike correlated with Tether’s slight untethering from its dollar peg – the top coin has been trading sideways between $6,500-$6,500 for the past few days, before slipping below the $6,500 today, still above where it started the week, close to $6,300. On the week, Bitcoin is 2.7 percent in the green, and is also up just about 2 percent on the month.
LibertyX and Genmega have teamed up to make the purchase of Bitcoin (BTC-USD) using a regular debit card possible. 100,000 ATMs at 100,000 locations across the United States will now turn into BTC vending machines. Genmega is a regular ATM manufacturer catering to independent ATM deployers at large and will add the feature of Bitcoin-buying […] The post LibertyX & Genmega Partnership To Turn 100,000 ATMs In U.S. Into Bitcoin Vending Machines appeared first on Market Exclusive.
Early support sees Bitcoin regain the $6,600 handle, with a hold on to $6,600 levels through the morning bringing $6,700 levels into play.
It’s a positive start to the day following the previous week’s gains for the trio, though a lack of a move could lead to red later in the day.
A decline in demand for mining equipment, in one way, has to do with the high cost of purchase. Bitcoin mining equipment tends to command a fortune something that continues to bar most people from venturing into the business. The fact that no new miners are coming onboard also continues to spell trouble for chip developers.
Bitcoin finds support early to move back through to $6,600 levels, though holding on could be an issue for the bulls if there’s no break out to $6,700.