Visa has filed a patent application to create digital currency — potentially using Ethereum as the blockchain. Visa has filed an application to create digital currency on a blockchain with the U.S. Patent and Trademark Office. According to the application published May 14 — but filed way back in November 2018 — inventors Simon J. […]
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Veteran trader Raoul Pal says the price of Bitcoin can easily rise to as high as $476,000 in the long-term. Raoul Pal, the CEO and founder at Real Vision, believes the price of Bitcoin (BTC) can reach $476,000 in the long-term. Pal is not alone in this belief as hedge fund managers like Morgan Creek […]
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Negative interest rates may turn Bitcoin into an attractive alternative for institutional investors, claims a recent report. A report claims that negative interest rates present Bitcoin (BTC) with a unique opportunity. The May 14 report, published by Stack Funds, stipulates that if the interest rates in the U.S. turn negative in the near future, it […]
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Does the sluggishness of Bitcoin network support the ‘death spiral’ scenario described by a VC? The signs of the apocalypse are upon us: Bitcoin (BTC) transaction fees peaking, block time increasing, and the mempool is becoming congested — all as predicted by Zach Resnick, a managing partner at Unbounded Capital. Flash crush is more likely […]
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The latest reports suggest that North Korea could be encouraging the Lazarus group to steal crypto globally. North Korean leader, Kim Jong-un, is reportedly backing a group of hackers. Their goal? Stealing cryptocurrencies like Bitcoin (BTC) using phishing scams. Sources indicate that the country has ramped up these efforts in an attempt to prevent a […]
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One crypto industry CEO thinks COVID-19 has brought Bitcoin further into the public eye. The CEO and co-founder of Bitcoin (BTC) investment app Amber, Aleks Svetski, said he thinks the COVID-19 pandemic has bolstered Bitcoin awareness. “COVID was one of the best marketing campaigns for Bitcoin in history,” Svetski told Morgan Creek Digital co-founder Anthony Pompliano […]
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A 30% drop in hashrate was predicted by industry insiders, who believe it to be bullish for Bitcoin. Bitcoin (BTC) hashrate has decreased by 30% in the last three days in line with the predictions made by industry insiders. Before the halving, Cointelegraph surveyed a number of industry insiders about their expectations for post-halving changes […]
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Analysts believe that Bitcoin’s post-halving stability may help spur crypto adoption across the globe. Following Bitcoin’s (BTC) recent much-hyped halving event, many in the industry had anticipated a drop in value, especially after BTC slid to as low as $8,100 on May 10. However, following this aforementioned uncertainty, the flagship crypto asset proceeded to gain […]
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Institutions continue to show interest in Bitcoin and digital assets amid the third Bitcoin halving, data shows. Having recently gone through the third halving, one of the most important events in the ecosystem, Bitcoin (BTC) continues to establish itself as a new asset class and a worthy contender to gold as a new store of […]
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The Proof of Stake Alliance has engaged in dialogues with U.S. regulators regarding industry-driven standards for PoS protocols. The Proof of Stake Alliance revealed that it is taking critical steps toward improving the regulatory space around the Staking-as-a-Service (STaaS) market, including dialogues with the U.S. Securities and Exchange Commission. According to the announcement, the POSA met […]
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