CHAZ inhabitants can apparently use crypto at a handful of businesses — but are less scrupulous types capitalizing on the situation? Cryptocurrencies are reportedly playing a role — for good and ill — in Seattle’s Capitol Hill Autonomous Zone, an area established in support of the African-American community by protesters against aggressive policing. A project […]
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According to author Isaiah Jackson, establishing economic strength could help the black community in ways protesting on the street can’t. If Bitcoin is the “peaceful protest” crypto advocates like Binance CEO Changpeng Zhao and author Isaiah Jackson say it is, then how can the average person use it to help the African American community right […]
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Some in the crypto community are using the turmoil in the United States to push a George Floyd token in what appears to be an obvious cash grab that feeds on sentiment. A new project has sprung up to take advantage of the tense situation in the United States and promote a new token. A […]
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The price of Bitcoin abruptly dropped to $8,600 in less than five minutes on June 1, and top crypto traders are split on the direction it will go. The price of Bitcoin (BTC) suddenly dropped from $10,000 to $8,600 on BitMEX as nearly $140 million worth of long contracts were liquidated. The pullback came merely […]
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Describing the rush to buy Bitcoin as a “land grab” for institutions, Tuur Demeester sees the cryptocurrency rallying to $50,000-$100,000. Bitcoin investor and research analyst Tuur Demeester doesn’t see the coin going below $6,000 after the rewards halving, with a price of at least $50,000 certainly possible in the future. In a video posted to […]
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The price of Bitcoin risks a continued downtrend as five metrics indicate higher chances of a short-term long squeeze. Bitcoin (BTC) sellers are pinning their hopes on continuing to see sub-$10,000 prices in the aftermath of the halving based on five key futures market metrics. The five measures are open interest, funding, long and shorts […]
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More people care more about their data and privacy than companies would like the public to believe. While thousands of companies and entities look to grab people’s data for various reasons, the commonly stated idea that folks don’t care about privacy is untrue, according to the Electric Coin Company, the entity behind privacy-focused crypto asset […]
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As the halving approaches, miners in Europe face a serious challenge: Can they survive the event, and will the industry thrive post-halving? As the Bitcoin halving approaches, miners across the world have been forced to make adjustments in order to adapt. The halving will see Bitcoin’s (BTC) production cost double overnight, but luckily the cryptocurrency […]
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Eddie Alvarez has been convinced to buy into Bitcoin by fellow former MMA champion Ben Askren, saying that he “can’t sit on the sidelines any longer.” American mixed martial artist and former UFC lightweight champion, Eddie Alvarez, has bought one Bitcoin (BTC). In a tweet, May 7, he claimed he “can’t sit on the sidelines […]
Continue ReadingThe creator of first PoW-based crypto says the vast majority of projects are just “recycling something that belongs to someone else.” There are more than 5,000 diverse cryptocurrencies being traded with a total market cap of nearly $250 billion. As much as 95% of those cryptos are nothing but scams, according to the creator of […]
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