Bitcoin has been crossing overhead resistances with ease recently. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Мarket data is provided by the HitBTC exchange. […]
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Analysts from financial advisory firm Canaccord Genuity predict bitcoin to hit $20,000 by 2021, based on past market trends. Financial advisory firm Canaccord Genuity has predicted that bitcoin (BTC) could hit $20,000 by 2021 based on retrospective projections in an analysis published on May 9. This prediction is based on a close similarity between the […]
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Messari CEO Ryan Selkis predicted that the proof-of-work algorithm will be the status quo for “at least two or three years.” The Ethereum (ETH) 2.0 proof-of-stake (PoS) transition will not take place until 2021, the CEO of crypto analytics firm Messari predicted at a panel of ConsenSys’ Ethereal Summit on May 10. During the panel […]
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The U.S. senate is seeking information on Facebook’s secretive cryptocurrency project. The Committee on Banking, Housing, and Urban Affairs of the United States Senate is seeking information on Facebook’s reported cryptocurrency project. The committee addressed its concerns to Facebook founder and CEO Mark Zuckerberg in a letter on May 9. In a series of questions, […]
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Founded by the former SoFi CEO, Figure completed a $1 billion “uncommitted” financing facility via blockchain with Jefferies and WSFS. Morgan Creek-backed blockchain equity loan platform Figure has completed a $1 billion “uncommitted” financing facility via blockchain, the firm announced in a press release on May 9. Custodied on Figure’s blockchain platform Provenance.io, the new […]
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Bitcoin is seeing the biggest gains over the top 20 coins by market cap, breaking the highs of November 2018. Friday, May 10 — bitcoin (BTC) has seen another rally today, having surged above the $6,300 price mark and hit market dominance records from December 2017, according to data from CoinMarketCap. The major cryptocurrency is […]
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The United Kingdom Jurisdiction Taskforce started a public consultation to develop a basis for the mainstream use of crypto. A British government-led jurisdiction team has launched a public consultation to determine the status of crypto assets under English private law, according to an official statement on May 9. In the document, the United Kingdom Jurisdiction […]
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The U.S. Department of Justice announced that a group of hackers might face over 100 years in prison after stealing $2.5 million. The United States Department of Justice released a fifteen-count indictment on May 9 that charges a hacking group labeled “The Community” with SIM swapping in order to steal cryptocurrencies. U.S. Attorney Matthew Schneider […]
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Malta-based cryptocurrency bank Founders Bank hired former Deutsche Bank executive Kenan Altunis as its new CEO. Malta-based cryptocurrency bank Founders Bank has appointed former executive of Deutsche Bank as its new CEO, according to a Bloomberg report on May 9. Backed by major global crypto exchange Binance, Founders Bank plans to assist blockchain and crypto-related […]
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A government representative has revealed a draft bill could land in parliament before the summer recess. Germany plans to introduce draft regulations allowing blockchain bonds as soon as this summer, local daily business news outlet Handelsblatt reported May 9. Citing Thomas Heilmann, the ruling coalition government’s dedicated blockchain correspondent, the publication revealed the new legislation […]
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