Experts weigh in on the ongoing gold vs. Bitcoin debate: Which asset is more capable in these current times? Is gold faltering as a safe haven? A Coinbase blog post from May 1 suggested that several months into the COVID-19 pandemic, gold’s market efficiency vis-à-vis Bitcoin (BTC) could be slipping. “Bitcoin and gold are fundamentally […]
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A recent play sees international fiat digital asset exchange, OKCoin, bringing top brass from Blockchain.com and Coinbase to its front office. Global crypto exchange, OKCoin, has added two new members to its top bass — Haider Rafique, Blockchain.com’s former head of growth, and Megan Monroe-Coleman, Coinbase’s previous compliance executive. Megan Monroe-Coleman comes on board as […]
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Looking at the perpetual funding rate, put–call ratio and Spend Output Profit Ratio to gauge the current market view leading up to crypto’s most-anticipated event. As Bitcoin (BTC) fast approaches its scheduled third halving, several metrics are now pointing toward positive market sentiment going into this most-anticipated event. The perpetual funding rate turns to positive […]
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Bitcoin is still going strong as it heads towards its third halving event… unlike the first website to declare it dead, which is sadly no longer with us. As the top-rated cryptocurrency by market cap Bitcoin (BTC) pushes onwards towards $10,000, it continues to prove wrong those naysayers who have falsely proclaimed its imminent demise. […]
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BitMEX’s CEO expects that Paul Tudor Jones will bring more big investors to the crypto market by investing in Bitcoin. Paul Tudor Jones, a legendary hedge fund investor, triggered massive excitement in crypto markets yesterday by revealing that Bitcoin (BTC) is part of his portfolio. Traders and industry players like BitMEX’s CEO expect that the […]
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A pilot program is underway in Hainan’s province that aims to strengthen cross-border payments via blockchain technology. Another Chinese province, Hainan, joins the blockchain ecosystem with the announcement of a cross-border financial services platform. News of the platform’s pilot was announced on May 8. According to the local newspaper, Hainan Daily, the central government approved […]
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Gibraltar’s financial minister says every jurisdiction recognizes crypto payments in the absence of policies explicitly outlawing them. In an exclusive interview with Cointelegraph, Albert Isola, Gibraltar’s minister for digital and financial services, argued that every country that respects contract laws recognizes crypto payments in the absence of regulation which prohibits them. On the question of […]
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As Venezuela’s economy continues to endure hyperinflation, more businesses start accepting crypto. Over 20,000 shops and enterprises in Venezuela will reportedly start accepting crypto by June 1. This news was made available as part of an effort to drive crypto adoption in the hyperinflation-stricken country. Earlier today, Panama-based cryptocurrency merchant gateway startup, Cryptobuyer, announced a […]
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After Bitcoin’s rally, several major cryptocurrencies are attempting to resume their up move. Billionaire hedge fund manager Paul Tudor Jones has added Bitcoin (BTC) to his portfolio. In a letter to his clients, Jones said that the top-ranked cryptocurrency on CoinMarketCap was likely to play a similar role to the one that was played by […]
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A security researcher discovered another 22 Google Chrome web browser extensions that tried to steal users’ cryptocurrencies. A security researcher has discovered another 22 Google Chrome web browser extensions built to steal their user’s cryptocurrencies. Cybersecurity news outlet, Naked Security, reported on May 8 that Harry Denley, a security researcher specializing in cryptocurrencies, discovered 22 […]
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