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Kraken Daily Market Report for August 08 2021

Source Node: https://blog.kraken.com/post/10551/kraken-daily-market-report-for-august-08-2021/
Time Stamp: August 9, 2021 11:31 AM - Modified On: August 9, 2021 - Published By:
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Republished By Plato

Overview Total spot trading volume at $1.07 billion, the largest Sunday trading volume since June 20th. The 30-day average is up to $843.6 million. Total futures notional at $551.6 million. The top five traded coins were, respectively, Bitcoin (-0.5%), Ethereum (-3.2%), Tether (0%), Dogecoin (-6.0%), and Polkadot (-4.0%). Livepeer was up 9.7%, most other coins were down a few percent. August 08, 2021  $1.07B traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  BTC $44387. ↓0.5% $348.2M ETH $3060.9 ↓3.2% $293.6M USDT $1.0007 ↓0.01% $229.3M DOGE $0.2462 ↓6.0% $95.3M DOT $20.135 ↓4.0% $40.9M USDC $1.0001 ↑0.01% $28.7M ADA $1.4449 ↓1.9% $24.3M XRP $0.7963 ↓2.6% $20.9M LINK $23.578 ↓4.3% $8.27M LTC $151.51 ↓2.9% $7.19M ETC $58.21 ↓4.1% $6.31M KSM $221.0 ↓5.4% $5.45M DAI $1.0011 ↑0.02% $4.56M EOS $4.3441 ↓5.4% $4.02M SOL $38.42 ↓2.8% $3.8M MATIC $1.1046 ↓5.4% $3.76M SC $0.0166 ↓5.1% $3.75M BCH $564.82 ↓3.3% $3.6M UNI $27.079 ↓4.4% $3.42M FIL $66.041 ↓4.8% $3.22M XMR $261.71 ↓3.4% $3.03M MINA $2.26 ↓9.6% $3.02M XLM $0.2913 ↓4.9% $2.63M XTZ $3.2273 ↓5.7% $2.38M TRX $0.0725 ↓4.0% $2.08M SNX $9.853 ↓7.4% $2.01M KAVA $5.7398 ↓5.7% $1.99M

What are the odds of Dogecoin rallying to $1

Source Node: https://ambcrypto.com/what-are-the-odds-of-dogecoin-rallying-to-1/
Time Stamp: August 8, 2021 12:00 PM - Modified On: August 8, 2021 - Published By:
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Republished By Plato

Dogecoin’s price has significantly rallied by 21.21% over the past day. In fact, its weekly gains stood slightly lower (20.42%) than the daily gains at the time of writing. Amidst the recent price pump, the ‘DOGE to $1’ debate has resurfaced and the loyal community seems to be pretty excited at the moment. Are market participants buying? The buy-sell actions usually give an insight into whether or not a particular price trend can continue down the same path. Interestingly at the time of writing, the cumulative sell orders, by and large,

Here’s everything you need to know about Bitcoin’s ‘biggest’ buy signal

Source Node: https://ambcrypto.com/heres-everything-you-need-to-know-about-bitcoins-biggest-buy-signal/
Time Stamp: August 8, 2021 11:00 AM - Modified On: August 8, 2021 - Published By:
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Republished By Plato

To a fair extent, Bitcoin’s price managed to take people from the crypto community by surprise. The market’s largest coin was trading at $43.3k at press time. Before analyzing whether or not Bitcoin would be able to continue its uptrend, let’s deep-dive and decipher the signals exhibited by key indicators. Hash rate trend Until recently, Bitcoin’s hash rate was hovering around its November 2019 lows (86.2 million TH/s). However, this started improving since July. Interestingly, over the past ten days, this metric’s reading has risen from 98 million TH/s to

Zodia Custody Set to Offer Brokerage Services in Ireland

Source Node: https://beincrypto.com/zodia-custody-set-to-offer-brokerage-services-in-ireland/
Time Stamp: August 8, 2021 10:01 AM - Modified On: August 8, 2021 - Published By:
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Republished By Plato

British banking and financial services company Standard Chartered has announced plans for its crypto brokerage arm to expand.Sponsored Sponsored Recent reports indicate that Zodia Custody will begin offering services in Ireland. Specifically to institutional investors. With this in mind, Standard Chartered becomes the latest institution to set up operations in the Republic of Ireland. Following the likes of Bank of New York Mellon, which set up its Digital Innovation Hub in Dublin. Fintech company Blockdaemon also broke ground of their own in Galway. Standard Chartered’s ventures and innovation branch SC

Ethereum: Here’s the one thing that could be said with certainty at this point

Source Node: https://ambcrypto.com/ethereum-heres-the-one-thing-that-could-be-said-with-certainty-at-this-point/
Time Stamp: August 8, 2021 10:00 AM - Modified On: August 8, 2021 - Published By:
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Republished By Plato

The buzz of the London hardfork stood true to the rumors as was reflected in Ethereum’s price. Ethereum smashed through the $3k level highlighting a hike of 13% in less than 24 hours trading at $3.1K at press time.  Bearish metrics turning bullish, finally While Ethereum’s futures market looked pretty good in terms of market expectations the spot market seemed to be doing ‘more talking, less doing’ as highlighted in a previous article. However, with ETH’s price aiming for the $3540 resistance, metrics that earlier gave off a bearish look

Longing Cardano: Does this move make sense

Source Node: https://ambcrypto.com/longing-cardano-does-this-move-make-sense/
Time Stamp: August 8, 2021 9:00 AM - Modified On: August 8, 2021 - Published By:
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Republished By Plato

Cardano’s price climbed 11.5% in a week and while its price jump from the July lows of $1.1 to the current price of $1.4 might look more or less monotonous there’s another take that often goes unnoticed. The fact that Cardano didn’t fall below the $1 mark and had a comparatively less volatile market during the last bear market brings forth the fifth-ranked alt’s tendency of getting less affected by the larger market.  The speculations of ADA following Bitcoin and Ethereum have been around for quite some time. As a

Paris Saint-Germain Fan Token (PSG) Soars Following Potential Lionel Messi Signing

Source Node: https://beincrypto.com/psg-fan-token-soars-following-potential-lionel-messi-signing/
Time Stamp: August 8, 2021 9:00 AM - Modified On: August 8, 2021 - Published By:
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Republished By Plato

The Paris Saint-Germain Fan Token (PSG) has seen a significant price surge following news that ex-Barcelona player Lionel Messi will be joining the French outfit.Sponsored Sponsored One of the world’s best footballers will be leaving Barcelona Football Club. The recent news was confirmed by both Lionel Messi and the player’s now ex-club. Messi had spent roughly 21-years with Barcelona, with the club confirming last week that they could not honor a new deal for the Argentina player, due to football regulations surrounding wage budgets. The six-time Ballon d’Or winner is

Christie’s ‘No Time Like Present’ Auction Expected to Mark NFT Milestones

Source Node: https://beincrypto.com/christies-no-time-like-present-auction-expected-to-mark-nft-milestones/
Time Stamp: August 8, 2021 8:07 AM - Modified On: August 8, 2021 - Published By:
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Republished By Plato

Auction giant Christie’s hopes to set several milestones in crypto art history with its upcoming “No Time Like Present” auction.Sponsored Sponsored The auction, scheduled to begin on September 17, will be based from Hong Kong, running for 11 days. This is special not least because, according to Christie’s themselves, the event will mark the first time an international auction house has ever made a non-fungible token (NFT) sale in Asia. Furthermore, it will be the first time that some of the artworks have been offered outside of an NFT trading

Bitcoin: How much influence can these investors hold

Source Node: https://ambcrypto.com/bitcoin-how-much-influence-can-these-investors-hold/
Time Stamp: August 8, 2021 8:00 AM - Modified On: August 8, 2021 - Published By:
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Republished By Plato

Bitcoin is speculated to have a major bull run this year. But the question remains – who really is heading this rally? When compared to the previous bull market some interesting observations can be seen.  Bitcoin follows who? Back in 2017, it was whales. Whales led the bull market of 2017, which placed BTC from $990 to $13,400. This year that leader needs to change as the entity which should be leading the bull market needs to be you and me – the retail investors. In the last 7 months,

NuGenesis Network Full Review (Part 2)

Source Node: https://themerkle.com/nugenesis-network-full-review-part-2/
Time Stamp: August 6, 2021 8:28 PM - Modified On: August 6, 2021 - Published By:
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Republished By Plato

The blockchain ecosystem, that is taking the world of technology by stormWe are living in a world of rapid change and innovation. Everything around us is changing at an exponential rate and it is shifting the world from one idea to another, not simply to engage and impress people, but to encourage them to have fun, earn a good livelihood, build wealth and secure a stable financial future.Also Read: A Comprehensive Review of the NuGenesis Network (Part 1 of 6)Since 2009, a spotlight has been shone on a new technology