Bitcoin price getting stronger again

Posted 20 September, 2019

The world's most popular cryptocurrency Bitcoin (BTC) has risen in price. According to the trading data of the Coinmarketcap.com portal released on September 20, the Bitcoin exchange rate is above the $10,000 mark. 

The main cryptocurrency is trading at 10,200 BTC/USD, with a daily change of 3%.

The Bitcoin exchange rate in sideways has become the standard model of price movement in recent months: long periods of sideways movement are replaced by a sudden drop, followed by a return to previous price levels. Analysts and traders try to explain why BTC/USD gain and lose hundreds of dollars in a few minutes at irregular intervals. 

One theory: the growing popularity of margin trading, a popular tool offered by large exchanges. The capitalization of the cryptocurrency market continues to grow, and the Bitcoin dominance index decreases. At the moment, it is 67.7%. 

Other cryptocurrencies are traded in the "green zone". The price of Ethereum has increased by 6.36% and is at around $218. XRP climbed 0.57% and is trading at $0.29.

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20 September, 2019 16:14

← New fraud scheme for TON earnings detected

Fraudsters began to offer money using the Telegram Open Network (TON) platform, which was not yet launched. They use the social network Facebook to send ads with fake earnings.

New fraud scheme for TON earnings detected

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20 September, 2019 11:31

Iran can introduce annucal registration for cryptocurrency miners →

Tehran is rumoured to approve the law which will regulate the cryptocurrency mining sector in the country. The document will be officially signed in the near term. The new law will force licensed cryptocurrency miners to provide personal data, including the list of commercial activities, expected investments, rental contracts, cost of mining facilities and length of a mining project. 

Iran can introduce annucal registration for cryptocurrency miners
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