A solid rejection of $7,000 earlier this week keeps Bitcoin within the upper $6,000 range but there is a lot to reclaim, say analysts. Bitcoin (BTC) continued to trade near $7,000 on March 27 after traditional markets showed bullish signs and the Dow Jones had its best day in 87 years. Cryptocurrency market daily overview. […]
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A new era is emerging in crypto, and only the projects quick to adapt to changing needs while delivering value will emerge successful. The altcoin market has been through tough times. At one point, the market lost over 90% of its value from its peak of $780 billion in January 2018. Many altcoin projects that […]
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Traders have taken notice of Monero’s 99.5% gain since the altcoin dropped to a new 2020 low during the March 12 crypto market meltdown. Since dropping to $24.05 during the strong marketwide correction that occurred on March 12, Monero (XMR) has rallied 99.5% and currently trades at $49. The recent recovery occurred on consistently strong […]
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In a letter to Investors, CEO Dan Morehead played down concerns about COVID-19’s impact on the crypto market and said he was bullish on BTC. Pantera Capital Founder and CEO Dan Morehead has predicted Bitcoin will “come of age” during the 2020 financial crisis and may top its all time high price within 12 months. […]
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Estonian crypto exchange BitBay has now been offline for eighteen hours now, sparking concern among users. Estonia-based cryptocurrency BitBay has been offline for 18 hours now, citing problems caused by a third-party service provider. On March 26, BitBay tweeted that it was struggling with a “network problem” resulting from their “external service provider.” The exchange […]
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NULS releases ‘blueprint’ for Nerve Network, a cross-chain protocol, whose mysterious mastermind until now was only known as “Berzeck”. The NULS Technical Community (NULS) has released a blueprint for Nerve Network, a cross-chain protocol. Until now, the mysterious mastermind behind the network was known only known as “Berzeck”. Vitalik’s dream come true Nerve Network is […]
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The WFE’s Head of Regulatory affairs provides further clarity on what makes crypto a commodity versus a security. Are cryptocurrencies securities or commodities? The World Federation of Exchanges, or WFE, released a document talking cryptocurrency terminology and regulation last week. In conversation with Cointelegraph, WFE Head of Regulatory Affairs, Richard Metcalfe, has added further clarity […]
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Cryptocurrency is an alternative to sovereign currencies that are issued by state governments, but national digital currencies are not so far away from being launched. Over 30 years ago, in a January 1988 cover story emblazoned with a phoenix hovering over a paper-money inferno, The Economist offered this semi-prophetic vision of currency: “Thirty years from […]
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Lukka’s co-CEO and head of tax and regulatory affairs speaks on crypto taxation, & recent gov proposals for a ‘digital dollar.’ Cryptocurrency accounting company, Lukka, has announced the launch of the Lukka Library — an interactive collection of academic papers addressing legal, accounting, and tax questions pertaining to crypto assets. On March 26, Cointelegraph spoke […]
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Binance to release crypto balance debit card in April with an initial testing phase in Malaysia and worldwide launch to follow. Binance enters the crypto debit card sector with news of an official Binance Card on March 26. Issued by Visa, the card will initially be available in South East Asia, though other regions will […]
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