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The price of the first cryptocurrency continued to fall and fell below the psychological mark of $ 8,000 for the first time since June. Altcoins followed the flagship of the market, and the stablecoin Tether came in fourth in the CoinMarketCap ranking with a capitalization of $ 4.16 billion, ahead of Bitcoin Cash. The total market capitalization at the time of writing is $ 208 billion. Today, long positions […] were liquidated on the BitMEX bitcoin exchange

RoboForex lead analyst Dmitry Gurkovsky talks about further possible scenarios of the price movement of bitcoin and several popular altcoins. The market continued to move in the framework of the negative scenario and at the moment the best that can happen is a correction before the next wave of decline. For Bitcoin, the lower boundary of the Triangle model will act as a strong area of resistance – until it is broken, […]

Paxos launched the gold-linked cryptocurrency asset based on the Ethereum Pax Gold blockchain (PAXG) and received the appropriate permission from the New York Financial Services Authority (NYDFS). The company also entered into a partnership agreement with the Binance exchange for the release of Binance USD (BUSD) – stablecoin pegged to the US dollar. In CoinDesk's comment regarding Pax Gold (PAXG) Paxos CEO Chad Cascarilla […]