Continued strength has shaky foundations, warns one Cointelegraph analyst, who predicts “bearish divergences” for Bitcoin price beyond $7,500. Bitcoin (BTC) continued to shoot for $7,500 on April 8 as bullish momentum kept support at $7,000 firmly intact. Cryptocurrency market daily overview. Source: Coin360 $7K holds firm for BTC Data from Coin360 and Cointelegraph Markets showed […]
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With many industries taking a hit due to the ongoing coronavirus crisis, how are providers in the crypto sector faring? Despite hopes that a peak of the coronavirus cases is near, the pandemic continues to impact almost every aspect of daily life, becoming a rolling news ticker in itself. When such a disaster strikes, it […]
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Dutch retail brokerage platform BUX has launched cryptocurrency trading in 25 different European countries. In response to the growing demand for cryptocurrency trading, Dutch retail brokerage platform BUX launched its commission-free cryptocurrency trading platform BUX Crypto. In a statement published April 8, the company announced that BUX Crypto is now available across 25 European countries. […]
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Amid Zoom security failures, VoIP pioneer Jeff Pulver explains how blockchain-based communication networks ensure that calls remain private. As people around the world started following shelter-in-place orders, popular video conferencing platform Zoom quickly gained new users, noting in a recent blog post that it had reached more than 200 million daily users last month, up […]
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Compound Finance, TD Ameritrade and Cumberland DRW launch the Chicago DeFi Alliance, a new project aiming to support DeFi development. Amid the apparent ongoing collapse in decentralized finance (DeFi) lending, a group of major trading and cryptocurrency companies in the United States are launching an alliance to support the sector. Introduced on April 7, the […]
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OTC order book aggregator B2B2 identified Bitcoin spreads of between 5% and 10% during the record crypto market crash of March 12–13. Over-the-counter (OTC) liquidity provider B2C2 has published a report analyzing the trading spreads exhibited across its Bitcoin (BTC) market and three leading institution-facing spot exchanges throughout March. The study finds that spreads widened […]
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A cryptocurrency fundraising initiative for the Italian Red Cross has tripled its initial campaign goal of roughly $10,000 in less than four weeks. On April 5, Italy’s “blood donation day,” the Italian Red Cross constructed an advanced medical post using funds generated through a crypto fundraiser. The Italian Red Cross has raised nearly $32,000 through […]
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Hacked cryptocurrency exchange Cryptopia today informed its users that the High Court of New Zealand has delivered its judgment on the status of their compromised assets. Hacked cryptocurrency exchange Cryptopia today informed its users that the High Court of New Zealand has delivered its judgment on the status of their compromised assets. In a tweet […]
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Ran Neuner told Cointelegraph that his $10 million coronavirus relief fund has been inundated with applications from startups impacted by the global economic slowdown. Runway Fund — an emergency relief fund assembled by the co-founders of OnChain Capital to help startups impacted by the COVID-19 pandemic — has been “overwhelmed” by the number of applications. […]
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CasperLabs, the firm tasked with developing Ethereum’s implementation of proof-of-stake, decided to launch its own blockchain. CasperLabs, the firm tasked with developing Ethereum’s implementation of Proof-of-Stake (PoS), has decided to launch its own blockchain. According to a recent announcement, CasperLabs plans to launch its own PoS blockchain in collaboration with Singapore-based crypto exchange BitMax. BitMax […]
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