Monday may have been uneventful for Bitcoin’s price, but it was a historic moment nonetheless. Bitcoin’s (BTC) third block halving has finally taken place. The year’s most talked-about crypto event happened at 3:23 p.m. EST on Monday, May 11, as block number 630,000 was successfully mined. The Bitcoin block reward has now gone down from […]
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Anthony Pompliano argued that government stimulus measures will drive the adoption of alternative stores of value and non-correlated assets at Consensus. Anthony “Pomp” Pompliano, the co-founder of Morgan Creek Digital, argued that the United States government’s response to the COVID-19 lockdown will drive new users to adopt cryptocurrencies. During a discussion with Binance CEO Changpeng Zhao […]
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Binance’s CEO said that the number of new user registrations has reapproached the levels seen at the peak of the 2017/2018 parabolic bull run. During a fireside chat as part of Consensus: Distributed on May 12, Changpeng Zhao, the chief executive and founder of Binance, said that the top cryptocurrency exchange is seeing a spike […]
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In yet another expansion initiative, Binance adds support for deposits and withdrawals in South African rand. Binance, one of the world’s largest cryptocurrency exchanges, now supports direct transactions in South African rand. Users will now be able to deposit rand into their trading accounts in less than 30 minutes if their bank accounts support “Faster […]
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Major cryptocurrency exchange Binance is cementing its presence in Indonesia, announcing an investment in a major domestic regulated exchange Tokocrypto. Major cryptocurrency exchange Binance is cementing its presence in Indonesia, announcing an investment in a major domestic regulated exchange Tokocrypto on May 12. In 2019, Tokocrypto reportedly became the first Indonesia crypto exchange to seal […]
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The Cointelegraph Bitcoin Halving live party continues with a deep dive into how the mining industry is affected by the sudden, but very predictable revenue shock. Cointelegraph is holding a live event to honor the Bitcoin (BTC) halving, set to occur in just a few hours. As profits for miners will be cut in half […]
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Vietnam finance ministry has established a research group to develop and scrutinize digital currency-related policy proposals. Vietnam’s Ministry of Finance has agreed to establish a research group charged with studying and making policy proposals regarding cryptocurrencies and virtual assets on. The group, announced May 11, will comprise nine members led by the Vice Chairman of […]
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After Bitcoin price plummeted on May 10, several exchanges scrambled to inject liquidity into their BTC insurance funds. After a sharp drop in Bitcoin (BTC)’s value on May 10 — just ahead of today’s halving of block rewards for miners on the network — several exchanges scrambled to inject liquidity into their BTC insurance funds. […]
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Binance recently added its own leveraged tokens, just weeks after removing similar FTX products from its exchange. Binance has launched new leveraged tokens, giving customers greater price swing accessibility. “Leverage Tokens are a tradable asset that gives users leveraged exposure to the underlying asset without the need of maintaining collaterals, margin maintenance and liquidation risk,” […]
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As Bitcoin’s halving draws ever closer, Cointelegraph is going live with some of the biggest names in crypto, to celebrate the event. Wherever you are in the world right now, as a Cointelegraph reader, you are almost certainly aware that Bitcoin’s third halving event is now less than 8 hours away. It is also highly […]
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