The price of Bitcoin dropped to $8,800 over the weekend and data shows miners and retail investors led the correction. On May 24, the price of Bitcoin (BTC) dropped to $8,800 from $9,300. In the next 24 hours, it declined to as low as $8,600, leaving the top ranked digital asset on CoinMarketCap at risk […]
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Chainlink’s decentralized price oracles will be used as an “anchor” by the forthcoming derivatives exchange Digitex Futures to protect traders against slippage. Forthcoming Seychelles-based crypto derivatives trading exchange Digitex Futures has announced it will integrate Chainlink’s (LINK) decentralized price reference contracts on its platform. Chainlink’s decentralized price oracles are typically utilized by decentralized finance (DeFi) […]
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Bitcoin faces a crucial weekly close, the mystery of coins moved for the first time in 11 years, and Times Square billboards call for the release of Ross Ulbricht. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation […]
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Goldman Sachs will soon host a conference call discussing the impacts of the current economic crisis on Bitcoin, gold, and inflation. Goldman Sachs will host a conference call on May 27 titled US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin. On May 23, Mike Dundas, the founder of crypto media […]
Continue ReadingCoinbase Custody has been selected by the Binance-backed derivatives exchange FTX to store and insure its exchange token, FTT. Coinbase has announced that it will provide custody services for the exchange token of the Binance-backed crypto derivatives platform FTX (FTT) on May 22. Coinbase Custody will comprise the primary custodian for the ERC-20 token, managing […]
Continue ReadingBitcoin is not yet a go-to investment option in the public eye, but those days could be coming. What needs to happen for Bitcoin (BTC) to cement its role in the public eye as a valid investment option? “Time,” Aleks Svetski, CEO and co-founder of Bitcoin investment platform Amber, told Cointelegraph in an email. “This is […]
Continue ReadingMiners need traditional financial products in order to hedge against the risk of increasing hash rate and difficulty. Bitcoin (BTC) mining has become a multibillion-dollar industry. Pools, manufacturers and farms contribute to the growth and professionalization of the space. Financial service companies bring institutional-grade products and capital that increases liquidity for the biggest operators. There’s […]
Continue ReadingThere are now 30.4 million Bitcoin addresses with a balance, but those with even a whole coin form a tiny minority. Bitcoin (BTC) wallets with a positive address have crossed 30 million for the first time — but less than 1% contain even 10 BTC. According to the latest data from monitoring resource Bitinfocharts, a […]
Continue ReadingThe launch of support for OmiseGo sees an 80% trading premium, a sudden price breakout and renewed accusations of insider trading. Controversy has returned to cryptocurrency exchange Coinbase after an altcoin it listed surged 200% in 15 minutes — only to crash immediately afterward. Currently a topic of interest on social media, Coinbase’s listing of […]
Continue ReadingDeFi entrepreneur Alex Mashinsky has slammed crypto’s culture and community for short-term profiteering. In an interview with Cointelegraph, Alex Mashinsky, the founder of the decentralized finance app Celsius Network, took aim at the crypto community for becoming fixated on short-term profiteering and failing to drive mass adoption. Mashinsky urged the community to capitalize on the […]
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