The strong recovery in Bitcoin and altcoins from their weekend lows suggests that the traders are aggressively buying each dip. August 2 the total crypto market capitalization dropped from about $359 billion to $310 billion within a few minutes of Bitcoin (BTC) price surging above the $12K mark. A fall of such magnitude usually drives […]
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Swiss cantonal bank Basler Kantonalbank becomes the first bank in Switzerland to announce its crypto plans. Basler Kantonalbank, or BKB, a government-owned commercial bank in Switzerland, is planning to launch cryptocurrency services through its banking subsidiary. According to an Aug. 3 report by local news agency Finews, BKB’s subsidiary and a national banking group, Bank […]
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2gether’s servers were attacked by unknown actors who managed to steal over $1.39 million from crypto-investment accounts. A European cryptocurrency trading platform called 2gether was recently targeted by an unknown group of hackers. These bad actors stole over 1.183 million Euros ($1.39M) from the service’s investment accounts in a cyberattack on July 31. Ramon Ferraz […]
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The new World Stablecoin Association hopes to create a united front for the sector to tackle regulatory concerns and drive collaboration. The recent formation of the World Stablecoin Association in Switzerland was done with the goal of creating a united front for the sector to tackle regulatory concerns and drive collaboration. Stablecoins are becoming an […]
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Ari Paul, CIO at BlockTower Capital crypto hedge fund, believes Bitcoin’s next parabolic move will soon be triggered by hyperinflation caused by central banks’ monetary policies. Ari Paul, CIO and co-founder at crypto hedge fund BlockTower Capital, believes Bitcoin’s next parabolic move will soon be triggered by hyperinflation caused by the monetary policies of central […]
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A retest of $11,500 gives the impression that the bulls are not done when it comes to Bitcoin, which convincingly bounced off $11,000. Bitcoin (BTC) rose to fill a significant gap in its price history on Aug. 3 as bulls remained in control and took BTC/USD towards $12,000. Data from price charts including Coin360 showed […]
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Travala is expanding its crypto-powered offerings thanks to a new partnership. Travala.com has recently added an additional 600,000 hotels to its crypto-powered online travel platform thanks to a recent partnership with booking giant, Agoda. Travala’s CEO, Juan Otero, told Cointelegraph that the number of properties on the platform has now reached over 2.2 million in […]
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Huobi Japan is now part of the local self-regulatory body supporting the development of security token offerings. Huobi’s Japanese branch has joined the Japan Security Token Offering Association, or JSTOA, as a “supporting member” along with Zaif, FXCoin, and 8 other local crypto players, according to the announcement published earlier today. “A full member must […]
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The price of Bitcoin dropped 13% in 15 minutes on Sunday, and traders are seeing various scenarios playing out for BTC. The price of Bitcoin declined by more than 13% within 30 minutes on Aug. 2. The shocking short-term price action caused $1 billion worth of liquidations in futures contracts for Bitcoin (BTC) and Ethereum’s […]
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XRP price has broken through several key resistance levels including $0.30 as it tries to catch up to Bitcoin with its own impressive gains. Most markets are rallying since receiving a severe shakeout throughout the weekend, during which the price of Bitcoin (BTC) fell by $1,400 in minutes below the $11,000 level, liquidating $1 billion […]
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