A classic Fibonacci retracement could land BTC/USD at $6,300 or lower and still not disturb the long-term trend. Bitcoin (BTC) could crash to $6,000 and still remain bullish, one trader claimed on June 26 as the largest cryptocurrency tested $9,000 support. In a Twitter analysis, the popular trader known as SteveCrypt0 offered an alternative to […]
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China’s Yunnan Province has developed the country’s first blockchain-based public resource bidding platform. China’s Yunnan province city of Kunming has completed the development and internal testing of the country’s first completely blockchain-based public resource bidding platform. Public resource bidding is a method utilized by governments to allocate large resources to private and public sector companies […]
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Wirecard’s subsidiary that is responsible for issuing debit cards has been suspended as the company can no longer access customer funds. Wirecard’s subsidiary responsible for issuing debit cards, Wirecard Card Solutions Ltd., has been suspended by the United Kingdom’s Financial Conduct Authority, or FCA. According to a statement issued on June 26 by the regulator, […]
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After seeing an abject failure of traditional financial models, people might turn to decentralized peer-to-peer technology with crypto as the future. Plenty of injustice plagues our communities. For instance, in our world, the unbanked and underbanked don’t have easy access to financial knowledge. All too often, that is reserved for people with wealth and opportunity. […]
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Thai authorities are cracking down on drug networks and the methods they use to launder their profits, including cryptocurrency. Thai authorities are ramping up their efforts to crack down on the country’s drug networks and the ruses they use to launder their multi-million dollar turnovers — including cryptocurrency. AFP News reported on June 26 that […]
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The mining equipment firm, scheduled to go public via Nasdaq later today, is preparing for a massive expansion. Major Chinese Bitcoin (BTC) mining equipment maker Ebang, which is reportedly getting listed on Nasdaq Global Market later today, is planning to expand its business by setting up a cryptocurrency exchange and mining farms. As told to […]
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Bitfinex has uploaded the code for a crypto-powered open-source P2P data streaming protocol to GitHub. Veteran cryptocurrency exchange Bitfinex has announced an open-source peer-to-peer data streaming platform that will allow users to share media across a decentralized network. The code for Bitfinex’s “Dazaar” protocol has been uploaded to GitHub, describing a decentralized network in which […]
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Some analysts believe that Compound’s Governance Token’s dramatic rally and crash may have been engineered by derivatives traders. A number of analysts have suggested the meteoric price performance of the Compound Governance Token (COMP) may have been orchestrated using derivatives. After initially changing hands for approximately $80 each upon its June 18 listing on Poloniex, […]
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Facebook’s Forecast app has been launched in beta even as the blockchain-based Augur platform readies for its v2 revamp. Facebook’s research and development engineers have launched a community platform built around predictions, encroaching on the territory of the emerging crypto-powered predictive market sector. Dubbed ‘Forecast’, Facebook’s new iOS app polls users on a variety of […]
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An Australian custom shoemaker is using VeChain to verify the authenticity of its licensed Nike shoes. Blockchain-based traceability platform VeChain will be used to power the issuance of a limited-edition run of licensed Nike Air Max 1 shoes. Announced on June 24, Australian shoemaker Chase Shiel and retailer The Kickz Stand have partnered to produce […]
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