Data from price trackers including CoinMarketCap showed light fluctuation for BTC/USD on the day, with the past 24 hours seeing a narrow trading corridor of $160. $11,500 provided the upper bound, with the level proving to be de facto resistance throughout the week as Bitcoin tackled the path higher.
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- CoinMarketCap is growing from price tracker and data aggregator into content provider (Photo: CoinMarketCap)
CoinMarketCap launches education portal
CoinMarketCap Alexandria offers information and advice for crypto newbies, fledgling buyers, and experienced investors
Founded in 2013, CMC is taking another step in its recent moves to grow beyond its role as a data aggregator and price tracker. In July, the company launched Headlines, a news feed drawn from a curated selection of industry news sites—including Modern Consensus.
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Circle, Coinbase say USD Coin passes $1B
The market cap milestone makes the USDC stablecoin a contender in a ring dominated by Tether
Working together as the Centre Consortium, the firms claimed in a blog post that USDC reached that milestone quicker than any other digital dollar stablecoin. Most of that increase came on June 22, when the supply jumped from about $731 million to $920 million—rising by about one-third.
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It’s difficult to know Bitcoin’s actual price. Could this benchmark index change that?
The new Bitcoin Benchmark Rate is designed to pave the way for new derivatives, but there’s a catch: the index is only updated once an hour
A new benchmark index is trying to cut through market manipulation and inaccurate data to offer a “robust” insight into Bitcoin’s actual price. The Bitcoin Benchmark Rate is the brainchild of MV Index Solutions, which develops a range of indices for investors, along with the digital asset data platform CryptoCompare.