After dipping to year-to-date lows earlier in December, some cryptocurrencies are showing first signs of recovery. Cryptocurrencies as an asset class are maturing and carving out their own niche. While the equity markets had their worst week in the past 10 years, the crypto markets have bounced sharply from their lows, showing first signs of […]
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Blockstream launches a fifth BTC blockchain satellite into space, and a report accuses many exchanges of wash trading. Top Stories This Week Blockchain Firm Blockstream Launches Fifth Bitcoin Blockchain Streaming Satellite Blockstream, a blockchain development firm, expanded its satellite service this week with a fifth leased satellite broadcasting the Bitcoin (BTC) blockchain to all of […]
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All of the top 20 cryptocurrencies are in the green, with Bitcoin’s price going above $4,000 again. Sunday, Dec. 23 — all of the top 20 cryptocurrencies are seeing moderate gains, with Bitcoin’s (BTC) price going above $4,000 again, according to CoinMarketCap data. Market visualization from Coin360 At press time, Bitcoin is up nearly four […]
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New research reveals the scope of crypto pump-and-dump schemes. The Social Science Research Network (SSRN) recently published research studying the phenomenon of pump-and-dump groups within the crypto community. The paper — conducted by seven academics from Tel Aviv University, the University of Tulsa and the University of Mexico — concluded that “regulators should be very […]
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Joseph Lubin, Ethereum’s co-founder, has declared we have reached “the cryptobottom of 2018” in a recent tweet. Joseph Lubin, co-founder of major cryptocurrency Ethereum (ETH), declared that he is “calling the cryptobottom of 2018” in a tweet Dec. 21. According to Lubin, the crypto market’s bottom “is marked by an epic amount of fear, uncertainty, […]
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A team that includes representatives from the central bank of Israel has published a formal request for information on Distributed Ledger Technology. A team that includes representatives from the Bank of Israel has issued a formal request for information about Distributed Ledger Technology (DLT), published on its website Dec. 18. The request — the goal […]
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The United States government could regulate crypto assets and tokens differently than stocks and traditional assets. The United States government could regulate crypto assets and tokens differently than stocks and traditional assets by altering the existing regulatory framework on securities. On Dec. 22, CNBC reported that two congressmen — Warren Davidson and Darren Solo — […]
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The top 20 cryptocurrencies are mostly in the red, with Bitcoin dropping back under $3,900. Saturday, Dec. 22: most of the top 20 cryptocurrencies are seeing moderate losses, with Bitcoin (BTC) struggling to stay near $3,900. Market visualization from Coin360 At press time, Bitcoin is down almost 5 percent over the last 24 hours, trading […]
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Taiwan-based GPU producer Nvidia is the S&P 500’s worst performer in Q4 2018, as crypto mining sales have all but disappeared. The drastic decrease in crypto mining profitability has hit graphics processing unit (GPU) producers like Taiwan-based Nvidia hard. In Q4 2018, the firm experienced a massive sell-off of its shares, cutting the stock price […]
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Crypto exchange Bitfinex has introduced margin trading for stablecoin Tether, and plans to add support for other stablecoin pairings. Hong Kong-based cryptocurrency exchange Bitfinex has introduced margin trading for stablecoin Tether (USDT), according to a blog post published Dec. 21. Bitfinex has launched margin trading for the USDT/USD pair, which would purportedly lead to more […]
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