The Foin project has released an official explanation of why its token tanked after the purported price pump. The Foin project — which is behind the eponymous token that sunk following its supposed unlocking period at the beginning of January — has released an official explanation of the token’s tanking after the purported price pump. […]
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Africa is the fastest-growing mobile market and it could possibly make this continent the world’s biggest payment systems based on blockchain tech and unbanked industry. The vast swathes of Africa’s fertile lands may ultimately prove a central arena for the ground-up development of innovative digital infrastructure and green energy projects. Recent pivotal moments in African […]
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South Korea is at last seeing some progress in crypto regulation, and the government is benchmarking other major markets to oversee the local market. South Korea remains the third-largest crypto exchange market by volume, just behind the United States and Japan. Despite that, throughout the past three years, the government of South Korea has opted […]
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Craig Wright continues to defy everyone’s expectations. Craig Wright, the polarizing figure who may or may not be Satoshi Nakamoto, is today telling the court that he has received the keys to access an $8.9 billion crypto fortune called the Tulip Trust. Some background on what that means: Wright was a business partner to one […]
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A prediction that Bitcoin would soon drop to $1,000 just two months ago shows no sign of coming true, while gold conversely slumps. Bitcoin (BTC) rising above $8,500 appears to have left gold proponent Peter Schiff with egg on his face after he predicted its imminent downfall to $1,000. Data from Cointelegraph Markets and precious […]
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Singer Akon announced on Jan. 13 that the world’s first ‘crypto city’ — Akon City — is underway in Senegal and would feature Akoin cryptocurrency only. Singer Akon tweeted yesterday, “Just finalized the agreement for AKON CITY in Senegal. Looking forward to hosting you there in the future.” The futuristic city Last year, Cointelegraph reported early […]
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Managing director Tim McCourt says CME’s Bitcoin’s options launch was a success, hitting multiple targets on day one. The Chicago Mercantile Exchange (CME) is happy with the results of its Bitcoin options trading product launch on Jan. 13, according to CME Group’s managing director and global head of equity index alternative investment products Tim McCourt. […]
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A different view of cryptocurrencies post-crisis? ‘‘It was quite profound to see Bitcoin acting as a clear safe haven.” For one week, the Iran–United States military crisis gripped the crypto community. It began on Jan. 3 with a U.S. drone strike on a convoy traveling near Baghdad International Airport, killing Iranian major general Qasem Soleimani […]
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As Bitcoin rallied to a multi-month high at $8,859, altcoins vigorously shook off their current malaise by posting double-digit gains, most notably, Bitcoin SV. On Tuesday Bitcoin price (BTC) pushed through $8,600 and rallied all the way to $8,859 before taking what appears to be a breather near $8,750. As reported earlier by Cointelegraph, crypto […]
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Bitcoin and Ether are commodities, while the status of XRP is still unclear, CFTC Chairman Heath Tarbert believes. Bitcoin (BTC) and Ether (ETH) are commodities, while the status of XRP is still unclear, the chairman of the Commodity Futures Trading Commission (CFTC) said. CFTC Chairman Heath Tarbert has reiterated the regulator’s stance on both Bitcoin […]
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