The halving hits as commentators consider the increasing importance of fees for miners going forward, but price volatility lessens. Bitcoin (BTC) returned to $9,000 on May 13 as new data revealed just how much money miners are losing after the third halving. Cryptocurrency market daily overview. Source: Coin360 BTC price stable despite big halving changes […]
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Simba Chain, a cloud-based smart contract startup, is building a blockchain data management system for the U.S. Department of Defense. Simba Chain, a blockchain startup backed by the Defense Advanced Research Projects Agency (DARPA), has won another contract from the United States government. A long-established favorite of the U.S. military authorities like the U.S. Air […]
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Liquidity should be seen as the primary indicator of the overall health of markets and exchanges — and also as a crucial factor for economic trading. In the cryptocurrency industry, liquidity is king. But how we measure and perceive liquidity varies greatly. Amid uncertain times and volatile market conditions, many traders are revising their trading […]
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The United States Internal Revenue Service is reportedly soliciting outside contractors to assist with calculations of cryptocurrency users’ transactions. The United States Internal Revenue Service (IRS) is reportedly soliciting third-party contractors to assist with calculations of cryptocurrency users’ transactions. Crypto tax software firm CryptoTrader.Tax publicly shared details of a letter it claims to have received […]
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QuadrigaCX trustee Ernst & Young has received close to 17,000 proofs of claim from creditors, denominated in various fiat and cryptocurrencies. Close to 17,000 creditors of the now-shuttered Canadian crypto exchange QuadrigaCX have filed to reclaim their lost assets. Details of the claims were revealed in an interim status report published on May 12 by […]
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What seems to be a fresh attempt to sway the Fed to take rates negative saw immediate backlash from sound-money supporters. Bitcoin (BTC) bulls were lambasting United States president Donald Trump this week as he called on the Federal Reserve to tax people’s savings. In a tweet on May 11, Trump renewed pressure on the […]
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A recent job listing at blockchain-based payments firm Ripple indicates that it is working on a working capital loan product. The blockchain-based payment network Ripple recently added a job opening on its official website for a “Director of Product Management, Loans.” The description indicates that Ripple is working on a new loan product to help […]
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A single transaction today has created more Wrapped Bitcoin on the Ethereum network, than the total amount of BTC locked in the Lightning Network. One thousand Wrapped Bitcoin (WBTC) were minted today on the Ethereum network (ETH) — a single transaction that represents more U.S dollar value than the entire Lightning Network. It brings the […]
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The director-general of the National Bank of Cambodia revealed that the central bank’s DLT payments platform will go live by the end of the year. Cambodia’s central bank will launch a distributed ledger technology (DLT) network to enable greater interoperability in the country’s payments sector and to take on the almighty greenback. Consumers will be […]
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Most transactions on XRP, EOS, and XTZ do not transfer any value, according to a new research study. Research has found the vast majority of transactions on EOS, Tezos and XRP do not transfer any value. According to a research paper released on pre-print site arXiv, only 2% of transactions on the XRP ledger and 18% […]
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