Describing the rush to buy Bitcoin as a “land grab” for institutions, Tuur Demeester sees the cryptocurrency rallying to $50,000-$100,000. Bitcoin investor and research analyst Tuur Demeester doesn’t see the coin going below $6,000 after the rewards halving, with a price of at least $50,000 certainly possible in the future. In a video posted to […]
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Crypto data company The TIE posted data showing the positive tweets about Bitcoin following the rewards halving are at an all-time high. One week after the Bitcoin rewards halving, investors are speaking more positively about the coin than they have at any point over the last 2.5 years according to crypto data company The TIE. […]
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Atsushi Kuwabara from Japan-based exchange bitbank spoke to Cointelegraph regarding the new regulatory changes to the country’s crypto laws. Japanese cryptocurrency exchange bitbank has begun implementing changes to make it compliant with the country’s revised Payment Services Act (PSA), effective May 1. Atsushi Kuwabara from bitbank spoke to Cointelegraph on how local exchanges and regulatory […]
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Filed this morning, the second class action against block.one estimates that U.S. investors made up $200 million of the EOS ICO, in violation of securities law. Per a May 18 complaint, more investors are looking to recoup funds invested in the record-breaking initial coin offering for EOS — which netted a total of $4 billion […]
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Did CZ inadvertently admit to being involved in the management of CoinMarketCap? In a recent tweet, Binance (BNB) CEO Changpeng Zhao (CZ) may have inadvertently admitted his involvement in the management of the recently acquired CoinMarketCap (CMC). Following in Elon Musk’s footsteps? Zhao’s tweet from May 14 seemingly admits his involvement in managing CMC: Source: […]
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Today is the deadline for Dutch crypto companies to register with the Dutch Bank per new AML rules. The deadline is here: On May 18, unregistered Dutch crypto firms could face penalties if they do not fall into line with the Netherlands’ new anti-money laundering (AML) laws, passed by the Dutch Upper House on April […]
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After surpassing 50,000 BTC in user deposits, Celsius’ CEO told Cointelegraph that the DeFi app has fallen short on its goals for adoption among smaller users. Earlier this month, pioneering decentralized finance (DeFi) lending application Celsius surpassed 50,000 in total Bitcoin (BTC) deposited to the platform. In an interview with Cointelegraph, Celsius founder and VoIP […]
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Alibaba co-founder Jack Ma resigns from SoftBank’s board of directors as the firm posts the worst operating losses in its history. Alibaba co-founder Jack Ma is stepping down from the board of Japanese tech giant and major blockchain backer SoftBank. After 13 years of close involvement with SoftBank, China’s richest man leaves the board amid […]
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Most major cryptocurrencies are struggling to break out of their immediate resistance levels, which could result in a minor pullback for the next few days. Several economies around the globe are lifting lockdown restrictions that have been in place for the past few weeks. This will enable businesses to gradually come back on track and […]
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The COVID-19 pandemic is making cash-based societies all over the world sink into oblivion with the help of decentralized technologies. Technology has always been one of the main drivers that has boosted social changes. Of course, there have been other reasons: wars, natural cataclysms and disasters, plague pandemics and more. Speaking of such, the current […]
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