The market-wide correction looks set to continue as Bitcoin and most major altcoins are facing selling at higher levels. Bitcoin (BTC) price has been gradually giving up ground for the past few days and that has a few investors afraid that a sharp correction or a bear market similar to the one in 2018 could […]
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The downside of Bitcoin is limited in the short term as BTC attempts to recover from a steep pullback. Throughout the past few days, the sell-side pressure from all sides has intensified. Bitcoin miners have sold their holdings at a scale unseen for over three years. On top of this, the inflow of whale-associated BTC […]
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Major figure in Justice Department’s cyber work is out from the policy office, but no word on where she’s heading next. Per a Dec. 11 announcement from the Department of Justice, Assistant Attorney General Beth Williams is out of the policy department Since 2017, Williams has been a leader at the Office of Legal Policy. Though the […]
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Charts and data from the last two weeks show retail traders have flipped bearish and the BTC buying has stopped. The latest findings from Santiment, published in Cointelegraph Consulting’s biweekly newsletter, indicate that the combined balance of wallets holding small amounts of Bitcoin (BTC) continues to decline. This shows a downward trend in retail holders, which […]
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The artwork, by ex-MLB player Micah Johnson, will be displayed for a month as a piece of drive-by art. A piece of interactive art by Micah Johnson, former Major League Baseball player turned NFT artist, will spend the next month exhibited on a giant electronic billboard in Los Angeles. Micah Johnson’s “ˈsä-v(ə-)rən-tē” (pronounced “sovereignty”) was […]
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Sweden is examining risks and consequences of moving its economy to its e-krona digital currency. The Swedish government is progressing with its central bank digital currency, or CBDC, by launching a formal review of a potential transition to the digital currency. According to a Dec. 11 Bloomberg report, the review will explore the feasibility of […]
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Bitcoin will probably not reach $20,000 this year if a key technical price level isn’t reclaimed soon. Bitcoin (BTC) continues to be in correction mode with BTC price dropping below $17,600 on Dec. 11, the lowest level since November. Bitcoin in a downtrend on lower timeframes Every beautiful rally comes to an end and gets […]
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Russian officials finally prepare to disclose their crypto. Russia is the latest country to officially require its government officials to report their cryptocurrency holdings. President Vladimir Putin has signed a decree obliging Russian officials to disclose their crypto investments by June 30, 2021, local news agency TASS reported on Dec. 10. Officially released on Thursday, […]
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DeFi giants YFI, AAVE, and COMP plummet by over 10% within 20 hours as the market pulls back on Bitcoin and Ether uncertainty. Major decentralized finance (DeFi) tokens Yearn.finance (YFI), AAVE and Compound (COMP) plunged steeply in the last 24 hours. The three DeFi tokens, which are valued well over $500 million, declined by over 10% […]
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Atari furthers its foray into the world of blockchain with another licensing partnership, this time bringing its IP to the Enjin platform. Gaming giant Atari has announced a collaboration with blockchain game ecosystem Enjin, which will see its iconic IP and licenses integrated into games within the Enjin multiverse. The first fruits of this collaboration, […]
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