Block reward halving “shock” at Bitcoin and Litecoin could be mitigated by merged mining, according to Binance Research. The effect of block reward halvings for both Bitcoin (BTC) and Litecoin (BTC) mining could be mitigated by merged mining, according to a report by a research arm of major crypto exchange Binance released on July 12. […]
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Dallas Mavericks basketball team owner and billionaire entrepreneur Mark Cuban defined Facebook’s Libra stablecoin a big mistake. Dallas Mavericks basketball team owner and billionaire entrepreneur Mark Cuban defined Facebook’s Libra stablecoin a big mistake in an interview with CNBC published on July 12. During his interview, Cuban commented on the social media giant’s cryptocurrency endeavors. […]
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The United States Senate committee of commerce, science and transportation approved the Blockchain Promotion Act this week. The United States Senate committee of commerce, science and transportation approved the Blockchain Promotion Act on Tuesday, tech news outlet CNET reports on July 11. The bill, published by the outlet, moves the U.S. closer to a blockchain […]
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China’s police confiscated 4,000 crypto mining units that were illegally deployed at nine factories. Police in China arrested 22 suspects allegedly involved in illegal crypto mining activity that led to energy loss worth of about $3 million, local media outlet XinhuaNet reports on July 12. Police in Jiangsu, China’s eastern-central coastal province, have reportedly seized […]
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Bitcoin Core contributor, Michael Ford, has been awarded a $60,000 grant by the parent firm of top crypto derivatives platform BitMEX. Bitcoin Core contributor Michael Ford, aka “fanquake,” has been awarded a $60,000 grant by the parent firm of top crypto derivatives platform BitMEX. In an official announcement published on July 12, BitMEX owner and […]
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Fed Chairman Powell has said that a globally prevalent cryptocurrency could conceivably remove the need for reserve currencies. The Chairman of the United States Federal Reserve has said that a globally adopted cryptocurrency system could conceivably remove the need for reserve currencies. Testifying before the Senate Banking Committee on July 11, Fed Chairman Jerome Powell […]
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Mining difficulty on the Bitcoin network has taken its steepest upturn in almost a year, surging by over 14% to hit 9.06 trillion. Mining difficulty on the Bitcoin (BTC) network has taken its steepest upturn in almost a year, data from major Chinese mining pool BTC.com reveals. On July 9, difficulty surged by over 14% […]
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The United States president unwittingly triggered a slight recovery for the crypto market with his first ever comments about Bitcoin. Donald Trump saying he is not a fan of Bitcoin (BTC) and cryptocurrency is “yuge” for the industry, commentators were suggesting after new tweets on July 12. In the hours after the United States’ president […]
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Trump’s first-ever public comments on Bitcoin achieved precisely zero fallout on markets as BTC price climbed above $11,500. Bitcoin (BTC) was starting to reverse upwards July 12 as a critical tweet from United States president, Donald Trump, became a hot talking point across cryptocurrency. Market visualization courtesy of Coin360 Data from Coin360 showed BTC/USD 0.9% […]
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Japanese crypto exchange Bitpoint has suspended all services after losing $32 million in a hack involving XRP, Bitcoin and other cryptocurrencies. Japanese crypto exchange Bitpoint has suspended all services after losing $32 million in a hack involving XRP, Bitcoin (BTC) and other cryptocurrencies. In an official announcement on July 12, Bitpoint revealed that it had […]
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