A sudden charge to $12,200 causes instant pain for shorters as one analyst described it as a “clear fake-out to take liquidity.” Bitcoin (BTC) triggered $24 million of liquidations on BitMEX alone Aug. 17 as a fresh move saw markets reclaim $12,000. Cryptocurrency market daily snapshot, Aug. 17. Source: Coin360 BTC price “clear fake-out” costs […]
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The volume of top-tier cryptocurrency exchanges has increased to $334 billion in July as Bitcoin’s price climbed by 30%. The price of Bitcoin (BTC) has increased from $9,088 to $11,800 since July 1 by more than 30%. With it, the volume of top-tier cryptocurrency exchanges has surged to a staggering $334 billion. A report from […]
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Morgan Creek Digital’s co-founder believes that while Buffett himself is unlikely to buy Bitcoin, younger people working at his investment firm will. Co-founder and partner at hedge fund Morgan Creek Digital, Jason Williams, predicted that famous investor and business tycoon Warren Buffett will buy Bitcoin (BTC). In a tweet sent on Aug. 15, Williams pointed […]
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Blockchain tech now powers global fans to “be more than a fan” with a Visa debit card. Chiliz.net and Socios.com, a major industry tandem specializing in blockchain-based fan tokens, are rolling out their Visa debit card. As officially announced on Aug. 14, the Socios.com Visa debit card allows global fans to “be more than a […]
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Layer1 — a Bitcoin mining firm backed by PayPal co-founder Peter Thiel — was accused of copyright infringement. United States-based cloud computing company Lancium LLC has filed a lawsuit against Bitcoin (BTC) mining firm Layer1 for patent infringement in the Western District Court of Texas. According to a complaint filed on Aug. 14, the power […]
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Vitalik Buterin says it’s likely that some Ethereum applications may fail, while others succeed — but he accepts it as integral to how the project as a whole will move forward. Ethereum co-founder Vitalik Buterin says he would “freely admit” that Ethereum 2.0 is “much harder” to implement from a technical perspective than he had […]
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Bitcoin’s network fundamentals are as bullish as ever, but $12,000 may spark a retest of lower price levels, an analyst warns. Bitcoin (BTC) starts a new week at the upper end of its new price range near $12,000 — will the market finally crack it this week? Cointelegraph takes a look at five things to […]
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Bitcoin’s seven-day average hash rate passes 129 EH/s for the first time as the price continues to meet resistance at the $12K level. As the price of Bitcoin continues to meet resistance passing $12,000, its hash rate has hit a new all-time high. Data from Blockchain.com confirms that on Aug. 15, Bitcoin’s seven-day average hash […]
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The US President said during a press conference that he would consider allowing Edward Snowden to return from his 7-year ‘exile’ in Russia. Edward Snowden may be able to return to the United States if Donald Trump chooses to grant the whistleblower a presidential pardon. According to an Aug. 15 report from Reuters, Trump said […]
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The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Sunday, Hodlers Digest will help you track every single important news story that happened this week. Top Stories This Week Bitcoin bulls stampede toward $12,000 as Ether hits a […]
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