Bitcoin futures daily volumes on digital asset platform Bakkt have hit another new all-time high, once again coinciding with a major move in BTC price. Bitcoin (BTC) futures daily volumes on digital asset platform Bakkt have hit a new all-time high, according to data from Intercontinental Exchange (ICE). More than $20.3 million was traded in […]
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The Algorand Foundation has released a protocol upgrade that “has proven block creation times of just over 4 secs.” The Algorand Foundation has released an upgrade to its protocol to include more tools for decentralized applications (Dapps) and develop scalable blockchain-native solutions for real-world use cases. The company announced the development in a Nov. 21 […]
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Former Overstock CEO Patrick Byrne is apparently still holding a major stake in tZero, Overstock’s crypto token platform. After selling off all of his Overstock shares, former CEO Patrick Byrne is reportedly still holding a major stake in tZero, Overstock’s crypto token platform. Byrne still owns 63,775 shares in tZero Overstock’s 2019 notice of special […]
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The national police force of New Zealand seize over $4 million in cryptocurrency from Jaron David McIvor, suspected of laundering proceeds from online movie piracy. The national police force of New Zealand have seized between NZ$6.2 and NZ$6.7 million in cryptocurrency from a man who allegedly was involved in online movie piracy in the United […]
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Finland is coordinating a simulated Bitcoin ransomware cyberattack on more than 200 Finnish cities and public organizations. The Finnish Population Register Centre is coordinating a simulated ransomware cyberattack on more than 200 Finnish cities and public organizations. On Nov. 22, Finnish news outlet Yle reported that participating cities and organizations are rehearsing how to respond […]
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The entire cryptocurrency market is bleeding heavily, with Bitcoin fighting hard to hold above the $7,000 price mark. Friday, Nov. 22 — Cryptocurrency prices are bleeding heavily, with some of the top-20 coins showing losses of close to 10% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) started the day just above […]
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“We’re way past the point where the bubble should have burst. It should have happened long ago. We’re in uncharted territory now.” Global debt has surpassed $250 trillion. That’s 320% of gross domestic product, announced the Institute of International Finance on Nov. 14. Emerging market debt also hit a record $71.4 trillion, 220% of GDP. […]
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Several top cryptocurrencies have broken below their critical support levels, suggesting that this could be the start of a deeper correction. Fear gripped the markets on the news that Chinese authorities had raided the offices of the leading cryptocurrency exchange Binance. This negated all the positive effects that had accrued following President Xi Jinping’s endorsement […]
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Bitcoin price crashed below the 100-day moving average, leaving bulls no choice but to find a way to reclaim $7.6K in order to reverse the bear trend. Bitcoin (BTC) opened the day at $7,600 and began a sharp decline to find lows of $6,800 — a loss of just over 10%. Price has since been […]
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The U.S. Deputy Treasury Secretary argued that decentralized privately-issued cryptos can shift some functions of the state to the private sector. The United States Deputy Treasury Secretary argued that decentralized privately-issued digital currencies can shift some functions from the state to the private sector. Deputy Secretary of the Treasury Justin Muzinich presented his view on […]
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