The trading guru says this year’s moonshot for bitcoin will not spark a knock-on effect for altcoin markets. Bitcoin (BTC) will continue to grow but altcoins will not feel the benefits, veteran trader and author Peter Brandt predicted in a new market forecast on June 27. Writing on social media, Brandt, who has become a […]
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Binance has engaged in discussions with Facebook over libra and would be interested in becoming a validator node, the exchange’s executive has said. Binance has engaged in official discussions with Facebook and is “very excited” about the libra project, the exchange’s strategy officer Gin Chao told BlockTV in an interview on June 27. While Chao cautioned the talks […]
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Edward Snowden also brushed off claims that bitcoin is mainly used by criminals, arguing: “There are a hell of a lot more criminals that use the dollar.” The servers Edward Snowden used to leak thousands of documents to journalists were paid for using bitcoin (BTC), the National Security Agency whistleblower revealed at the Bitcoin 2019 Conference on […]
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Miners are dedicating more and more resources to participating in validating bitcoin transactions. Bitcoin’s (BTC) mining difficulty has reached an all-time high, demonstrating the increasing competition for block rewards between miners, data from Blockchain.com revealed on June 27. Mining difficulty, which adjusts to the network hash rate every 2016 blocks, hit 7.86 trillion, a new […]
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Ireland-based cryptocurrency exchange Bitsane has apparently vanished, taking as many as 246,000 users’ crypto deposits with it. Ireland-based cryptocurrency exchange Bitsane has apparently vanished, taking as many as 246,000 users’ crypto deposits with it. The news was reported by Forbes on June 27. Launched in 2016, Dublin-registered Bitsane LP was formerly listed as one of […]
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Coming off from highs of $13,800 while bouncing off $10,000 is highly encouraging for bitcoin, say multiple analysts. Bitcoin (BTC) corrected as low as $10,380 before rebounding above $11,000 on June 27 as commentators remain highly bullish about the market’s potential. Market visualization courtesy of Coin360 Data from Coin360 showed the bitcoin price dipping down […]
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The deputy governor of the Bank of Uganda has warned the public about the limited protections offered them when they invest in unregulated cryptocurrencies. The deputy governor of the Bank of Uganda has warned the public about the limited protections offered them when they invest in unregulated cryptocurrencies. English-language Ugandan daily New Vision reports on […]
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Apex Clearing and its crypto investment subsidiary have launched a trading platform for broker-dealers and financial advisors to help their clients trade crypto more effectively. American financial clearing and execution company Apex Clearing and its crypto investment subsidiary Apex Crypto have launched a new trading platform for broker-dealers and financial advisors to help their clients […]
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Mosques’ free electricity make them an attractive option for miners keen to limit the pain of economic hardship. Iranian bitcoin (BTC) miners are moving into mosques as the government launches an energy crackdown, social media users revealed on June 25. Iran, which offers free energy to mosques, now has around 100 miners occupying places of […]
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Cardano founder Charles Hoskinson sees emerging markets as huge reservoirs of future customers, but succeeding in them depends on relationships. Cardano founder Charles Hoskinson claimed that emerging markets are where cryptocurrencies matter, and that Facebook’s announced virtual currency Libra is not going to find success in this area, according to a report by Finance Magnates […]
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