A new era is emerging in crypto, and only the projects quick to adapt to changing needs while delivering value will emerge successful. The altcoin market has been through tough times. At one point, the market lost over 90% of its value from its peak of $780 billion in January 2018. Many altcoin projects that […]
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Traders have taken notice of Monero’s 99.5% gain since the altcoin dropped to a new 2020 low during the March 12 crypto market meltdown. Since dropping to $24.05 during the strong marketwide correction that occurred on March 12, Monero (XMR) has rallied 99.5% and currently trades at $49. The recent recovery occurred on consistently strong […]
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The Series A funding round led by Highland Capital Partners brought in $6 million to crypto analytics firm Coin Metrics. Cryptocurrency analytics firm Coin Metrics has closed a Series A funding round worth $6 million. In a blog post on March 26, Coin Metrics said the round was led by Highland Capital Partners and the […]
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In a letter to Investors, CEO Dan Morehead played down concerns about COVID-19’s impact on the crypto market and said he was bullish on BTC. Pantera Capital Founder and CEO Dan Morehead has predicted Bitcoin will “come of age” during the 2020 financial crisis and may top its all time high price within 12 months. […]
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Brazil’s banking chief argues that crypto is a failure as a currency — but in neighbouring Venezuela it has already ‘changed the destiny of an entire country’. The President of the Brazilian Banking Federation, Murilo Portugal, has argued that cryptocurrencies are not really currencies at all. Portugal was speaking in a debate about the ‘Impact […]
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NULS releases ‘blueprint’ for Nerve Network, a cross-chain protocol, whose mysterious mastermind until now was only known as “Berzeck”. The NULS Technical Community (NULS) has released a blueprint for Nerve Network, a cross-chain protocol. Until now, the mysterious mastermind behind the network was known only known as “Berzeck”. Vitalik’s dream come true Nerve Network is […]
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Leaders from different corners of the crypto industry react to the sudden prospect of a digital dollar, highlighting both promise and peril for users. COVID-19 has wreaked havoc on the global economy. As legislators in the United States go back and forth on how best to distribute aid, the conversation has amplified the potential role […]
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The WFE’s Head of Regulatory affairs provides further clarity on what makes crypto a commodity versus a security. Are cryptocurrencies securities or commodities? The World Federation of Exchanges, or WFE, released a document talking cryptocurrency terminology and regulation last week. In conversation with Cointelegraph, WFE Head of Regulatory Affairs, Richard Metcalfe, has added further clarity […]
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Cryptocurrency is an alternative to sovereign currencies that are issued by state governments, but national digital currencies are not so far away from being launched. Over 30 years ago, in a January 1988 cover story emblazoned with a phoenix hovering over a paper-money inferno, The Economist offered this semi-prophetic vision of currency: “Thirty years from […]
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Lukka’s co-CEO and head of tax and regulatory affairs speaks on crypto taxation, & recent gov proposals for a ‘digital dollar.’ Cryptocurrency accounting company, Lukka, has announced the launch of the Lukka Library — an interactive collection of academic papers addressing legal, accounting, and tax questions pertaining to crypto assets. On March 26, Cointelegraph spoke […]
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