Bulls need to flip the $9,200-$9,500 resistance zone to support in order to clear a path back to $10,000. Bitcoin (BTC) price showed a bit of strength by briefly pushing to $9,235 as the daily close occurred but at the time of writing the top-ranked digital asset on CoinMarketCap is trading below the $9,200 resistance. […]
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Analyst Justinas Baltrusaitis says Bitcoin’s return on investment from 2015 to 2020 puts the digital asset ahead of many traditional markets. Bitcoin had a nearly 3,500% return on investment since 2015, 70 times that of five traditional stock markets. According to a June 29 article at investor website Buy Shares, data analyst Justinas Baltrusaitis says […]
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A Nikkei article states that Soramitsu will start testing its ‘White Tiger’ digital currency for retailers at a university in Fukushima. Japanese blockchain company Soramitsu announced it would start testing a new local digital currency for retailers at the University of Aizu. According to a June 29 report in the Nikkei newspaper, Soramitsu will begin […]
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Ethereum-based predictions platform Augur announced it would be launching the second version of its platform starting on July 28. Blockchain-powered event betting company Augur says that users of its REP cryptocurrency need to migrate their tokens once a new version of the platform is available starting July 28. According to an announcement posted to the […]
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Professor of Economics, Sergei Guriev, told Cointelegraph how Bitcoin can be used as a tool to combat authoritarian regimes. Sergei Guriev, professor of Economics at Paris’ Sciences Po and a critic of Vladimir Putin, told Cointelegraph how Bitcoin can be used as a tool to combat authoritarian regimes despite having “no fundamental social value”. Unlike […]
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Ethereum’s implied volatility dropped below Bitcoin’s for the first time ever, but is this a bullish or bearish development? Ether (ETH) options implied volatility, a measure of the expected price swings as per the options markets premium, has dropped below Bitcoin’s (BTC) for the first time ever. This could signal that investors have given up […]
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The Lightning Network is susceptible to attacks that could drain Bitcoin wallets by flooding the blockchain. A study published on June 29 revealed a way to drain Bitcoin (BTC) wallets’ funds on the Lightning Network by exploiting a bottleneck in the system. According to the “Flood & Loot: A Systemic Attack On The Lightning Network” […]
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Qtum completed a testnet hard fork prior to launching its mainnet hard fork. Proof-of-Stake, or PoS, blockchain Qtum successfully completed a hard fork of its testnet in preparation for the launch of its mainnet hard fork. According to a statement sent to Cointelegraph, the upgrade went live on the testnet at block 625,000 on June […]
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A new class action alleges that Plaid, which Visa recently bought for over $5 billion, had unparalleled access to the financial information of millions of users. June 25, a new class action was filed in California against fintech startup Plaid, which was acquired by Visa for $5.3 billion earlier this year. The plaintiffs allege that […]
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Proofpoint research shows that phishing-based ransomware attacks are on the rise amid the COVID-19 pandemic. A study published by cybersecurity firm, Proofpoint, shows an increase in email-based phishing attacks used to deliver ransomware over the last few months. According to the report, first-stage deployments of ransomware are reportedly on the rise and have mostly been […]
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