Data from Glassnode strengthens the overall consensus that Bitcoin’s hash rate, despite being hard to measure, is stronger than ever before. The mean hash rate of the Bitcoin (BTC) network has hit new all-time highs to mark the cryptocurrency’s latest technical achievement, fresh data suggests. Compiled by monitoring resource Glassnode, a new analysis of Bitcoin’s […]
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Everyone in crypto is talking about CME gaps, but all gaps are not created equal. Learn to identify the types and how to trade them. The talk of the crypto community in the past few months has been the gaps on the Bitcoin (BTC) CME (Chicago Mercantile Exchange) futures chart. Bitcoin trades 24/7 on major […]
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Most major cryptocurrencies have resumed their up move, which shows that the rally can extend for a few more days. The total crypto market capitalization has risen from about $190.5 billion at the start of the year to over $243 billion. That is a rise of about 27.55% within 17 days. This shows that the […]
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The U.S. state of New Hampshire fails to pass its second bill to accept crypto for tax payments due to the high volatility of Bitcoin. Lawmakers in the New Hampshire state legislature have killed a bill that would have allowed state agencies to accept cryptocurrencies as payment for taxes. On Jan. 8, the New Hampshire […]
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Open interest hovers around $237 million with trajectory clearly pointing to a fresh record coming in January, with volume at three-month highs. Bitcoin (BTC) derivatives trading looks set to reach record levels this month as volume spikes and open interest hovers near all-time highs. Data from CME Group shows that as of Jan. 16, open […]
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A surge higher to finally exit the $8,000 range was short-lived at press time as observers waited to see where support would appear. Bitcoin (BTC) hit $9,000 on Jan. 17 as technical metrics continued to break both local and all-time records. Cryptocurrency market daily overview. Source: Coin360 BTC clips $9,000 as traders lie in wait […]
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Coinbase-backed Crypto Ratings Council expands its network with three new members and five digital assets. The Coinbase-backed Crypto Ratings Council (CRC), a group of major United States’ cryptocurrency firms seeking regulatory clarity, has welcomed new members. Established in late 2019, the CRC has expanded to include members like trading platform eToro, crypto exchange OKCoin and […]
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Binance and Huobi received over 52% of total $2.8 billion in illicit Bitcoin transfers in 2019, according to a new Chainalysis report. Binance and Huobi have together received over 52% of total $2.8 billion illicit Bitcoin (BTC) transfers in 2019, according to a new report. Chainalysis’ findings Over the course of 2019, criminal entities moved […]
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Amid the constantly growing cryptocurrency market, the number of irreversible coins in increasing affecting the whole industry development. The initial coin offering crypto buzz hit all-time high popularity in 2017 when there were 875 projects, a significant jump from 29 in the previous year. 2018 picked up on the trend, introducing a further 1,253 projects. […]
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The new Prime Minister of Russia Mikhail Mishustin has asserted that the country should prioritize the development of a digital economy. The Prime Minister of the Russian Federation has called on the country to prioritize the development of the digital economy. As domestic news outlet RIA Novosti reported on Jan. 16, Mikhail Mishustin — who […]
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