What’s in a $1,200 drop? Bitcoin is serving up considerable volatility, but all factors point to business as usual as the third halving hits. Bitcoin (BTC) has delivered awe-inspiring volatility in the days before its third block reward halving — but what should traders look out for as the event hits? Cointelegraph takes a look […]
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Stand out from the crowd, with Cointelegraph’s guide to the Bitcoin halving-themed attire. While there is a seemingly endless stream of advice in the fashion press and on social media, covering how to dress for almost any occasion, there has thus far been one very conspicuous omission. How should the discerning Bitcoiner-about-town choose to attire […]
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The average block size of the Bitcoin network peaked at 1.341 MB on May 2, with the mining hash rate approaching a new all-time high. The mean block size of the Bitcoin network peaked this month, with the hash rate setting new records before the rewards halving, scheduled in about 10 hours at the time […]
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Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process. Singapore-based multinational banking firm DBS Bank has joined the blockchain trade-finance network Contour, which is built over R3’s Corda. Contour is due for a main-launch later this year. According to a May 11 report by the business news outlet […]
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The average transaction fee for Bitcoin peaked at $3.19 on May 8, an increase of over 300% from the average fee of $0.62 on April 26. With the third Bitcoin rewards halving scheduled in approximately 14 hours at the time of press, the average value of transaction fees has surged more than 300%. According to […]
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The Litecoin Foundation announced on May 7 that it would migrate from the multi-sig Electrum-LTC wallet to BitGo’s multi-sig wallet. The Litecoin Foundation announced that it will migrate from the multi-sig Electrum-LTC wallet to BitGo’s multi-sig wallet. According to a May 7 post on the company’s website, the move is due to BitGo’s wallet providing […]
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SBI Holdings is proposing Ripple partner with multinational corporations to increase transparency and traceability across supply chains. Yoshitaka Kitao, Chief Executive Officer (CEO) of Japanese financial giant SBI Holdings, has proposed Ripple partner with multinational companies in addition to financial institutions. His recommendation was partially influenced by Japan’s handling of the COVID-19 pandemic. Kitao, also […]
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Despite a nearly double-digit retraction in the combined capitalization of the security token sector, real estate tokens gain over 4% during April. Real estate tokens have continued to post a positive performance for investors, gaining an average of 4.27% during April while top securities tokens suffered losses for the month. The combined capitalization of security […]
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Representatives from the Loom Network have clarified that, though they have pivoted to an enterprise solution, the project remains active. On May 9, we wrote that the Loom Network, a platform-as-as-service blockchain project, appeared to no longer be active. Representatives from the platform have since responded publicly to Cointelegraph, indicating that the project is, in […]
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Bitcoin bulls are attempting to reclaim $9,000 but resistance at $8,800 is holding back the recovery. In the last 3 hours Bitcoin (BTC) price gained 2.63% after dropping to $8,256 earlier in the day. With just less than 24-hours before the block reward halving is scheduled to take place, traders are likely biting their nails […]
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