Bitcoin price finally made a move — to the upside — as the door is now open to test the crucial $10,000 BTC price level. Recently, the price of Bitcoin (BTC) has been showing virtually zero volatility. This volatility decreased particularly as of late while Bitcoin was resting on the crucial support level of $9,000. […]
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The tale of hacked exchange Cryptopia’s extended liquidation is poised to see new legal action from a major creditor and token issuer. On July 21, legal representation for GNY, a firm focused on artificial intelligence and the issuer of LML, filed a final notice of liquidators’ failure to comply with duties. The liquidator in question […]
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Grayscale’s $1.4-billion inflow in the first half of 2020, along with two other key factors, shows institutional demand is surging rapidly. Since early 2020, the institutional demand for Bitcoin (BTC) has been steadily increasing. In the second quarter of this year, data show that the appetite for BTC spiked significantly. According to crypto asset fund […]
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The price of Bitcoin surpassed $9,300 for the first time since July 13 but traders are still cautiously optimistic about the trend of BTC. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, surged past $9,300 on July 21 for the first time in over a week. Following a low-volatility range, traders are […]
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Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin. Wirecard chief operating officer Jan Marsalek reportedly used Bitcoin (BTC) to move funds from Dubai to Russia. Russian media outlet Kommersant reported on July 20 that Marsalek is hiding in Russia with funds that he […]
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Polkadot is now officially in mainnet mode as the last centralizing shackle has been thrown off by the network. The Polkadot blockchain is now fully decentralized and permissionless after a decision passed by community governance removed the admin rights enjoyed by the Web3 Foundation. Gavin Wood, the co-founder of Polkadot developer Parity Technologies, tweeted the […]
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A worse scenario than the recent attack against Twitter could happen if the social media network doesn’t strengthen its internal security procedures, say experts. Cybersecurity experts are warning that the Twitter hack on July 15 shows that the social network needs to strengthen its security in order to avoid a worse black swan scenario with […]
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Financial regulators in the US approved shares of Grayscale Investments’ Bitcoin Cash and Litecoin trusts for trading on OTC Markets. Crypto fund manager Grayscale Investments will make Bitcoin Cash and Litecoin available for public trading through shares of the firm’s cryptocurrency trusts. In the July 20 announcement, Grayscale said the Financial Industry Regulatory Authority (FINRA) […]
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Global banks are scanning clients in Hong Kong on potential political ties amid protests over China-initiated national security law. Major international banks like Credit Suisse and HSBC are reportedly scrutinizing their Hong Kong clients amid the ongoing protests over China-backed national security law. According to a July 19 report by Reuters, global banks including Credit […]
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Analysts estimate Satoshi mined $10.9 billion worth of Bitcoin to keep the network safe but will these BTC ever be spent? A recent report by blockchain tracking and analytics provider, Whale Alert, revealed that the miner known as Patoshi mined over $10.9 billion or 1,125,150 BTC during Bitcoin’s infancy in order to protect the network […]
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