The program was only launched in May but already one million South Koreans have opted for a blockchain based license. One million South Koreans have foregone their physical drivers license in favour of a blockchain-powered digital alternative used in conjunction with the PASS smartphone app. This represents more than 3% of the entire driving population […]
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The global P2P markets are pumping, with numerous African and Latin American markets touching new all-time highs for volume. Combined global peer-to-peer (P2P) Bitcoin trading volumes have surged to their highest levels since January 2018, with nearly $95 million worth of Bitcoin (BTC) changing hands on Localbitcoins and Paxful in the first week of August. […]
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We look at the data from Google and DeFi protocols to uncover what’s behind the inexorable rise of LINK? Chainlink (LINK) has experienced a meteoric rise this year, becoming a top five crypto asset by market capitalization. We took a look at the data from the decentralized finance space (DeFi) as well as Google to […]
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International crypto exchange Bitfinex unexpectedly went offline for all users this afternoon, citing a ‘platform performance issue.’ Bitfinex has been offline for at least two hours as of this writing, and the exchange has no confirmed time when it will be up and running again. According to an Aug. 12 tweet posted by the exchange, […]
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Bitcoin recovered back above $11.5K, leading traders to suggest a renewed attack on $12K could occur soon. Today Bitcoin (BTC) price rebounded from its recent low at $11,125 on Aug 11 to $11,617. This suggests traders are turning optimistic as key data show a significant amount of liquidity for BTC until $12,000. Cryptocurrency daily market […]
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Bitcoin price is slowly recovering from yesterday’s $700 drop but is another shot at $12K expected in the short term? On August 11 the price of gold and silver showed some corrective movements, the same was seen in the cryptomarket. Bitcoin (BTC) dropped by $700 from $11,800 to $11,100 in one day, marking a short […]
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Cointelegraph Consulting now offers two newsletters per month containing crypto trading and investing intel. Every 1st and 15th, Cointelegraph Consulting provides the latest inside scoop on cryptocurrency price action and rationale in its Market Insights newsletter. Here’s a preview of one of this month’s editions. Editor’s note Crypto asset prices have flown upward in recent […]
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The U.S. has made a rod for its own back with lockdown, and institutional investors already know it, argues Mike Belshe. Coronavirus lockdowns will force people out of fiat currency and into gold and Bitcoin (BTC), the CEO of cryptocurrency asset manager BitGo has warned. In a series of tweets on Aug. 12, Mike Belshe […]
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Grayscale’s Bitcoin Trust issued almost twice as many shares, but arbitrage could have played a role. The Grayscale Bitcoin Trust, an investment tool that aims to provide an indirect exposure to Bitcoin (BTC) for investors in traditional markets, reported a significant increase in how many shares it issued between Q2 and Q1 of 2020. According […]
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Revolut’s losses in 2019 surged over 200% due to investment in international expansion, Revolut founder and CEO says. Revolut, a crypto-friendly trading app and one of the biggest fintechs in Europe, reportedly tripled its losses in 2019 despite growth in revenue and new customers. The London-based company reportedly posted a total loss of more than […]
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