Mike Novogratz has argued that Bitcoin (BTC) occupies a unique place in the cryptocurrency landscape. Mike Novogratz, a former Goldman Sachs partner and founder of crypto merchant bank Galaxy Digital, has argued that Bitcoin (BTC) occupies a unique place in the cryptocurrency landscape. Novogratz made his remarks during an interview with Bloomberg TV on Feb. […]
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Chinese Bitcoin billionaire Zhao Dong predicts the crypto spring will only come in 2020, while crypto summer will not arrive until 2021. Chinese alleged Bitcoin (BTC) billionaire Zhao Dong believes that the crypto spring will only come in 2020. His opinion, shared in a public chat in local messenger WeChat, was cited by Chinese crypto […]
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The $200 million legal proceedings over the de facto defunct exchange have interest from a raft of law firms. Embattled Canadian cryptocurrency exchange QuadrigaCX has become the subject of a bidding war as lawyers meet to win creditor representation, Bloomberg reported on Feb. 12. The hearing at the Nova Scotia Supreme Court on Feb. 14 […]
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Crypto investors and miners are turning to derivatives such as options in an attempt to survive the protracted market downturn. Crypto investors and miners are turning to derivatives such as options in an attempt to survive the protracted market downturn, a Bloomberg piece argues on Feb. 13. The article presents the increasing popularity of complex […]
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CEO Laurent Kssis told Bloomberg the company had no clue about hard forks and related concepts last year. Swedish Bitcoin (BTC) exchange-traded note (ETN) operator XBT Provider has shelved plans to offer altcoin products due to market volatility, Bloomberg reported on Feb. 13. Speaking to the publication, XBT’s CEO Laurent Kssis revealed the company did […]
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According to a report, QuadrigaCX has “inadvertently transferred 103 bitcoins valued at approximately $468,675” to cold wallets the exchange cannot currently access. Major Canadian crypto exchange QuadrigaCX accidentally transferred nearly $500,000 in Bitcoin (BTC) to its cold wallets earlier this month, according to a report published by Ernst & Young on Feb. 12. The founder […]
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Overstock founder Patrick Byrne has stated that blockchain technology is capable of making government “superefficient.” The founder and CEO of retail giant Overstock.com Patrick Byrne says that blockchain can make government “superefficient and incapable of being bribed,” in an interview with MarketWatch published on Feb. 12. Byrne reportedly said that government services have reached a […]
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The Central Bank of Chile issues a detailed report on cryptocurrencies, stating they have no potential to substitute traditional money. The Central Bank of Chile (BCC) believes that cryptocurrencies are unable to substitute traditional money, according to an in-depth report on crypto issued Feb. 7. The document, signed by the central bank’s president Mario Marcel, […]
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sponsored A blockchain protocol is making it easier for developers to build peer-to-peer financial applications, enabling them to focus on innovations. A new blockchain protocol is presenting itself as a place where businesses and individuals can build peer-to-peer financial applications with confidence. Bytom describes itself as the “infrastructure of the asset internet.” The company’s vision […]
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Six out of the top 20 cryptos by market capitalization are seeing some losses while EOS has climbed over 6 percent. Feb. 12 — cryptocurrency markets are seeing measured growth among the top 20 coins by market capitalization, according to data from CoinMarketCap. Market visualization from Coin360 The biggest cryptocurrency, Bitcoin (BTC), is slightly up […]
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