The abnormal transaction fees from last week may not be blackmail after all, according to Alex Manuskin, a blockchain researcher at wallet company ZenGo. Last week, the crypto community spotted transaction fees of up to $2.6 million featured in several transactions on the Ether (ETH) network. Vitalik Buterin has since suggested that the abnormous fees […]
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Kazakhstan is aiming to attract nearly $740 million dollars in investment through various crypto industry-related activities over the next three years. The government of Kazakhstan has set a goal to attract $738 million from investments in cryptocurrency related mining activities over the next three years. According to the Astana Times on June 16, Kazakhstan’s Minister […]
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Indian cryptocurrency exchange CoinDCX launched a learning platform dedicated to blockchain and cryptocurrencies. Indian cryptocurrency exchange CoinDCX launched a learning platform dedicated to blockchain and cryptocurrencies. According to a June 16 announcement, the CoinDCX Learn platform is a blockchain and cryptocurrency academy that offers guides, articles, courses and lectures. The firm’s CEO and co-founder Sumit […]
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The controversial Satoshi Nakamoto candidate says he bought Bitcoin stored in the 1Feex address. Craig Wright, the self-proclaimed Satoshi Nakamoto candidate and chief scientist at NChain, has addressed the recent allegations about him hacking the now-defunct exchange Mt. Gox. Last week, a lead maintainer of Monero (XMR) privacy coin Ricardo Spagni tweeted out court documents […]
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A strong correlation with stock market movements still leaves room for Bitcoin to test five figures, says trader Michaël van de Poppe. Bitcoin (BTC) was testing $9,500 on June 16 after a recovery from near three-week lows stalled at classic resistance levels. Cryptocurrency market daily overview. Source: Coin360 BTC price focuses on $9,500 Data from […]
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Google Trends data compiled by Blockchaincenter.net shows search interest in Bitcoin is highest in Kenya and Brazil. An interactive map showing the level of cryptocurrency interest worldwide reveals that Bitcoin searches are most concentrated in countries in Africa and South America. According to the map published at Blockchaincenter.net, Google Trends data shows that Bitcoin (BTC) […]
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A survey by Japanese crypto exchange BitMax shows 25% of traders prefer XRP, compared to only 9% in ETH and 26% BTC. Despite the fact Ether is currently the second largest cryptocurrency by market cap, Japanese crypto holders may prefer to hold XRP. According to the results of a survey posted to Twitter by Japanese […]
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The number of Bitcoin whales with the ability to affect the BTC price is approaching 2017 levels, when the token was ascending to $20K. The number of investors holding an immense amount of Bitcoin is starting to approach levels the crypto community hasn’t seen since the cryptocurrency’s rally to $20,000. According to Glassnode’s ‘The Week […]
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Selling by Bitcoin whales dropped BTC reserves at major exchanges and triggered today’s sell-off to $8,900. As the weekly open commenced Bitcoin price dropped below $9,000 in a rapid pullback, liquidating $30 million in longs on BitMEX alone. According to market data, part of the sell off was the movement of crypto whales closing positions […]
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Recent surges in open interest on Bitcoin and Ethereum options contracts suggests institutional players are continuing to build positions in the top two cryptocurrencies. Bitcoin (BTC) futures daily trading volume plunged sharply from about $20 billion on June 11 to about $5 billion on June 13. This is a negative sign because the volume increased […]
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