While miners took a double hit, the combination of the pandemic and halving could provide an unlikely tailwind to the crypto industry at large. Normally, little is unexpected concerning the regular, pre-programmed adjustment of the Bitcoin network’s mining reward size, otherwise known as halving. Baked into the digital currency’s original protocol, the anti-inflationary mechanism gets […]
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Blockchain-powered rewards startup MiL.k stikes a partnership with a retail cluster in Seoul downtown, brings the technology to “millions.” Blockchain rewards platform MiL.k has teamed up with Seoul-based luxury retail space chain Shinsegae Duty Free to provide loyalty points compatibility and management. The new partnership allows Shinsegae customers to connect their existing rewards accounts to […]
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After Bitcoin price plummeted on May 10, several exchanges scrambled to inject liquidity into their BTC insurance funds. After a sharp drop in Bitcoin (BTC)’s value on May 10 — just ahead of today’s halving of block rewards for miners on the network — several exchanges scrambled to inject liquidity into their BTC insurance funds. […]
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Binance recently added its own leveraged tokens, just weeks after removing similar FTX products from its exchange. Binance has launched new leveraged tokens, giving customers greater price swing accessibility. “Leverage Tokens are a tradable asset that gives users leveraged exposure to the underlying asset without the need of maintaining collaterals, margin maintenance and liquidation risk,” […]
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The South Korean blockchain space sees many new platforms trading for unlisted stocks, following an offering from state-backed Koscom last year. The South Korean blockchain space is seeing a steady stream of platforms specialized in trading for unlisted stocks, following on from a major offering from state-backed financial IT firm Koscom last year. Business Korea […]
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Despite a nearly double-digit retraction in the combined capitalization of the security token sector, real estate tokens gain over 4% during April. Real estate tokens have continued to post a positive performance for investors, gaining an average of 4.27% during April while top securities tokens suffered losses for the month. The combined capitalization of security […]
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98% of liquidations on BitMEX yesterday were long positions, indicating over-exuberant pre-halving bullishness at $10,000. Yesterday’s sudden crash saw the price of Bitcoin (BTC) fall 14% from roughly $9,450 to $8,101 in less than 15 minutes. This appears to have shaken out over-exuberant margin traders who longed near $10,000 on heavy margin. According to market […]
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Bitcoin suffers a “halving dump” after testing $10,000, what the event means for miners, and the latest predictions of where prices will be in 2021 and beyond. 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 highlights, leading […]
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While the fear and uncertainty surrounding BTC has decreased quite substantially before the upcoming halving, experts have noted that the greed aspect of the F&G Index has increased greatly over the past couple of days. With Bitcoin’s (BTC) third mining rewards halving just over 24 hours away, mainstream market hype surrounding the event has grown […]
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On-chain data suggests that a strong selloff may not necessarily follow the upcoming Bitcoin halving. Bitcoin’s third halving is less than a day away and the cryptocurrency community remains divided on whether the price will rise or drop after the event. Interestingly, on-chain data from previous halvings suggests that after the halving Bitcoin price may […]
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