Crypto users in Iran resort to p2p bitcoin exchanges following the shutdown of LocalBitcoins. Iran’s plan to battle international sanctions through the use of a state-sponsored cryptocurrency has been brewing for over a year now. It’s been a viable and exciting option for a country that had been cut off from the global economic community […]
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Most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time. Wednesday, May 29 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as bitcoin (BTC) still holds over the $8,000 mark, with minor gains on the day. Market visualization courtesy of […]
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Morgan Rockoons engaged in fraudulent activity while already on bail for unlicensed money transmission. United States authorities have brought criminal charges against a LocalBitcoins trader in connection with operating an unlicensed money transmission business, a government press release confirmed on May 28. As revealed by the U.S. Attorney’s Office for the Southern District of California, […]
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Products such as Facebook’s GlobalCoin will bring consumers and regulators alike in line, says Sonny Singh. A senior executive at cryptocurrency payments processor BitPay told Bloomberg on May 29 that bitcoin (BTC) will only expand higher from its current price. Speaking in an interview with Bloomberg TV, the company’s chief commercial officer, Sonny Singh, said […]
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The number of wallets holding between 1 and 10k bitcoin has seen a sharp increase since the market bottomed this winter. The number of wallets holding between 1,000 and 10,000 bitcoin (BTC) has seen a sharp increase since the crypto market bottomed this winter, indicating significant accumulation during the price dip. The analysis was published […]
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An unknown user bought a unique, virtual racing car for the upcoming blockchain-based game F1 Delta Time for 415.9 ETH ($110,600). An unknown user bought a virtual racing car for upcoming blockchain-based game F1 Delta Time for 415.9 ether (ETH) or $110,600 at the time of sale, according to information on the game’s website. The […]
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Following Coinnest’s closure, South Korea’s bitcoin trading volumes reached an all-time high on LocalBitcoins. Bitcoin (BTC) trading volumes in South Korea have recently reached new levels on peer-to-peer (P2P) exchange LocalBitcoins, according to charts on BTC statistics service Coin Dance. According to the data, bitcoin weekly trading volumes have surged over the past two weeks, […]
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HDR Global Trading Limited has donated to the MIT Digital Currency Initiatives to conduct cryptocurrency-related research. The owner and operator of cryptocurrency exchange BitMEX has donated to the Massachusetts Institute of Technology (MIT) to conduct cryptocurrency-related research, according to an announcement published on May 28. HDR Global Trading Limited has made a donation to the […]
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Cryptocurrency markets have seen mixed signals today, with most top coins trading sideways and Bitcoin trading at around $8,732. Tuesday, May 28 — Major cryptocurrencies have continued trading sideways, reporting mixed signals at press time, according to Cointelegraph’s Coin360 data. Market visualization from Coin360 After steadily pushing to the $9,000 price mark on May 27, […]
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So far, Havard and Yale lead the pack of institutional money in the crypto world, with multi-million dollar investments in cryptocurrency-related companies. Despite the crypto volatility, the widely publicized regulatory concerns and a lack of liquidity in the cryptocurrency market, reports show that university endowments worldwide are dipping their toes into cryptocurrencies. Recently, a survey […]
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