Bitcoin breaks $7,000 again, with most of the top 20 cryptocurrencies reporting moderate gains. Wednesday, April 22 — most of the top 20 cryptocurrencies are reporting moderate gains on the day by press time. This mid-week rise comes after Bitcoin (BTC) broke the $7,000 mark for the third time this week. Market visualization courtesy of […]
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With the Bitcoin halving less than three weeks away, pundits predict the hash rate distribution to revert to the optimized pre-halving state. With the Bitcoin (BTC) halving only weeks away, anticipation appears to be building up as Google Trends data for the event show online searches reaching an all-time high. Bitcoin’s block reward halving comes […]
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A recent Bloomberg report concluded that Bitcoin may be priming for a massive bull run. A recent Bloomberg report states that Bitcoin (BTC) is preparing for a massive bull run. Even the report’s name is bullish — “Bitcoin Maturation Leap”. The report mentions a number of reasons that the Bitcoin market is maturing, and that […]
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As the benchmark oil futures contract in the U.S. fell into negative territory this week, blockchain devs have been focusing on greener, sustainable energy projects. As the benchmark oil futures contract in the United States fell into negative territory this week for the first time in history, blockchain devs have been focusing on greener, sustainable […]
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The drop in oil prices is now negatively impacting the stock market, leading crypto investors to worry about the future of Bitcoin price. The shockwaves from yesterday’s explosion in the oil markets continued to damage oil prices and shrapnel from the blast caused damage to equities today as U.S. markets closed in the red after […]
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BitMEX, the world’s third largest crypto exchange, has continued to lose its market share to Binance exchange after the Black Thursday crash. BitMEX, one of the world’s biggest crypto derivatives exchanges, is still struggling to recover from a major market sell-off that followed the Black Thursday crash in March. According to an April 21 report […]
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U.S. CFTC launches its first science contest to find new technological tools to find unregistered derivatives offerings from foreign entities, including Bitcoin futures. A major United States financial regulator is holding its first science contest, asking devs for new tools to track foreign derivatives offerings that may be soliciting U.S. investors without proper registration. Project […]
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Bitcoin price saw a minor correction to $6,850 as WTI crude oil futures imploded and dropped below $0. As reported earlier by Cointelegraph, the May 2020 Futures contract for West Texas Intermediate (WTI) Crude dropped more than 100% on Monday. At its worst the price reached negative $37.63, a phenomenon which has never occurred before. […]
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US traders have one more place where they can place bets on the future price of BTC. It’s becoming a little more common for exchanges to have the government’s blessing to trade BTC derivatives. Bitnomial Exchange is the latest to join this mostly private party, having received a so-called “order of designation” from the Commodity […]
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The black gold tanks to lows almost unseen since WTI contracts began in 1983, while Bitcoin remains broadly steady at $7,000. A single Bitcoin (BTC) now buys over 600 barrels of crude oil as an unprecedented sell-off takes BTC purchasing power sky high. According to data from monitoring resources including Bloomberg on April 20, futures […]
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