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JPMorgan Backs Bitcoin to Rise 28%, Saying Cryptos are Preferred Alternative Asset

U.S.-based global investment bank JPMorgan disclosed on a note on Wednesday that the fair price of Bitcoin is 28% higher than its current level, implying "significant...

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XDC Network unveils smart contract and tokenization platform, Origin

XDC Network, a highly interoperable hybrid blockchain platform built by XinFin, today revealed its smart contract and tokenization platform, Origin — a user-friendly tool that enables the secure creation of complex smart contracts at the click of a button. Origin allows for the creation, issuance, and management of XDC-based token standards via the XDC Network. […]

The post XDC Network unveils smart contract and tokenization platform, Origin appeared first on CryptoNinjas.

Crypto Index Provider Vinter Enlisted To Price Digital Asset Derivatives

Vinter CEO Jacob Lindberg

The deal aims to offer institutional investors in Europe “clean” exposure to the investment products

The post Crypto Index Provider Vinter Enlisted To Price Digital Asset Derivatives appeared first on Blockworks.

Kinesis Money Partners with XinFin and Readies Cross-Chain Bridge To Develop Thriving Digital Asset Ecosystem

XDC FeatureKinesis Announces Plans to add XDC tokens to the Kinesis Exchange and as a leading partner for development for cross ...

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Kinesis Money Partners with XDC Network and Readies Cross-Chain Bridge To Develop Thriving Digital Asset Ecosystem

XinFin, creators of the XDC Network — a highly interoperable hybrid blockchain platform positioned to support global trade and finance — today announces a partnership with the Kinesis Exchange, a global trading and utility platform catering to both precious metals and digital assets. As part of the proposed partnership, Kinesis will take a multifaceted approach […]

The post Kinesis Money Partners with XDC Network and Readies Cross-Chain Bridge To Develop Thriving Digital Asset Ecosystem appeared first on CryptoNinjas.

XDC Network integrates with GlobaliD

XDC Foundation, the non-for-profit entity incorporated for supporting the growth, development and adoption of the XDC Network, has announced an integration with GlobaliD, a decentralised identity solution, enabling users to privately and securely identify themselves when interfacing with blockchains.

Market highlights January 13: Crypto market buoyant, UK markets highest since end 2019

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The crypto market was higher over the past 24 hours, as the majority of top 10…

The post Market highlights January 13: Crypto market buoyant, UK markets highest since end 2019 appeared first on Coin Journal.

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XDC Technical Analysis: 40% Spike Awaits Falling Channel Breakout

XDC Technical Analysis

The XDC coin price loses bearish momentum in the falling channel pattern with the increasing possibility of a bullish reversal. XinFin is a hybrid blockchain technology company that is optimized for international finance and trade. The system is powered by the native cryptocurrency known as XDC.  The protocol is designed to work with Smart Contracts, 2000 TPS transactions per seconds. The XDC Chain makes use of XinFin delegated proof of stake and its goal of creating a ‘highly-scalable and secure, as well as permission-based and commercial grade’ blockchain. Let us move ahead to read about XDC technical analysis. Past Performance of XDC The XDC coin price sustains a bearish momentum within the falling channel pattern in the daily chart. The coin price has decreased by 55% since the start of the falling channel on 21st August. However, the 35% fall in the intraday trading volume shows a lack of bearish commitment. XDC/USD Daily Chart XDC Technical Analysis The recent downfall from $0.11 close to the resistance trendline of the falling channel results in a 20% downfall in the last week. Therefore, the increasing bearish trend momentum is evident by the downfall and indicates a fallout of $0.080. The coin price struggles to rise above the overcome selling pressure at the 50-day EMA as the rejection keeps the price under a downtrend. Moreover, the EMAs maintain a bearish alignment which will provide dynamic resistance to any bullish attempts. The XDC price action indicates resistance at $0.11 and $0.14 above the descending channel pattern. The support levels are at $0.080 and $0.060 within the channel. The RSI indicator at 48% shows the slope struggling near the 50% line and attempts to break above it. The 14-day SMA line keeps a sideways movement in the nearly overbought zone. Therefore, the indicators project a potential bullish move shortly. The Stochastic RSI indicator shows a sharp reversal in the K line, resulting in the bullish crossover with the D line in the oversold region.  Upcoming Trend The XDC technical analysis shows a solid downtrend in action evident by the falling channel in the daily chart. However, the support from the horizontal level at $0.080 keeps the bullish flame alive. Moreover, the technical indicators side with the bullish side. Therefore, a bullish reversal leading to the breakout of the falling channel is possible. However, the fallout of $0.080 will neutralize bullish sentiments and lead to a price fall to $0.060.

The post XDC Technical Analysis: 40% Spike Awaits Falling Channel Breakout appeared first on Cryptoknowmics-Crypto News and Media Platform.

XinFin’s XDC Blockchain Network — The New Ethereum Killer?

XDC Blockchain NetworkReports say that the XDC Network, through community engagement, expanded upon its predecessor’s vision for a scalable, decentralized ecosystem. XDC ...

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CoinQuora’s Top 10 Promising Coins in 2021

coinquoraCoinQuora presents its suggested top 10 promising coins in 2021. This year has been a fruitful season, especially for CoinQuora ...

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XDC Network (XDC): Gained the Most This Week

XDC Network (XDC): Gained the Most This Week

XDC is the blockchain network used by the newly launched SuperBullsNFT. The SuperBullsNFT elected to auction off its first-ever NFT,

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Market highlights December 30: Cryptos seen lower, US markets edge higher

The crypto market as a whole is bearish as the year comes to an end. It was in the red over the past...

XDC Based SuperBullsNFT Rages with Bids of 444,444 XDC

SuperBullsNFT announces the winning bid for their first NFT. The first NFT, the Golden Bull sold for 444,444 XDC. The winner also got...
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