Bitcoin price has plunged along with traditional markets while gold is weathering the coronavirus panic better than most assets. A bloody Monday for the equity and oil markets, as Europe stock markets are dropping by 8%, while oil has seen a drop of 30%. But it’s not only equity markets as the crypto market is […]
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Bitcoin price is taking a tumble below $8,200 amidst an impending record mining difficulty increase, which may provide some bullish respite for the BTC market. Bitcoin (BTC) bears are at it again, driving the price down nearly another 10% on March 8 during the weekend when volume is at its thinnest. So is the pre-halving […]
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Central banks’ growing interest in DLT reveals concerns in the traditional financial sector as the gap between the two narrows Despite the interest shown in decentralized ledger technology by central banks, cryptocurrencies continue to be mistrusted by the traditional financial system. This has been made apparent from comments by Andrew Bailey, the upcoming governor of […]
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New York-based white label exchange provider AlphaPoint has successfully raised a further $5.6 million to help scale its exchange technology. New York-based white label exchange provider AlphaPoint has raised a further $5.6 million from investors to help scale its exchange technology. AlphaPoint’s tech is currently used as the backend for 150 exchanges across 35 countries, […]
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The Ethereum community is still engaged in bitter debates on ProgPoW and ASIC resistance, which some believe exposed the ‘suboptimal’ nature of its governance. The Ethereum (ETH) community has recently been engaged in a bitter debate sparked by a proposed mining algorithm change. Dubbed ProgPoW, the proposal would invalidate all currently existing ASICs to only […]
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Cointelegraph Consulting examines the blockchain world’s response to the coronavirus outbreak. COVID-19 — more commonly known as the coronavirus — has unleashed massive shock waves among the worldwide health, science, government and business communities as societies are trying to contain the virus. At the moment, the scale and velocity at which the coronavirus is spreading […]
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Several cryptocurrencies are stuck in a range but if bulls can break above the range several buying opportunities will be open for traders. Grayscale Investments managing director Michael Sonnenschein said that “Bitcoin itself has solidified its role as a store of value or as a digital gold.” In his conversations with institutional investors, Sonnenschein explained […]
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The newest financial tech can be backed by one of the most ancient and important precious metals. Is it a step forward or a step back? Gold has been regarded as an eternal value since times immemorial. This shiny metal still acts as a store of value — especially in countries like India. Due to […]
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Bitcoin price has stabilized above the $8.5K support as equities markets continued to implode over investor fears of Coronavirus contagion. Since the start of the week Bitcoin (BTC) price has dropped more than $38 billion as traditional markets also fell by more than 10%. As reported throughout mainstream media, this week’s collapse of the largest […]
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With the e-Hryvnia pilot testing successfully over, the Ukrainian government is making a concerted effort to engage in the crypto-adoption race. At a press conference held on Feb. 21, a representative for the National Bank of Ukraine released the results of its much-hyped central bank digital currency project called the e-Hryvnia. However, the banking institution […]
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