Any short-term gains to Bitcoin indirectly helped by the virus will reverse in time, a prominent trader warns, as the cryptocurrency hovers at $9,000. Bitcoin (BTC) may be gaining thanks to “economic fear” over coronavirus — but only up to a point, analysts are concluding as the disease spreads. The cryptocurrency hovered at around $9,000 […]
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Iran’s Ministry of Industries, Mining and Trade has issued 1,000 cryptocurrency mining licenses since the introduction of the certification regime. Iran’s Ministry of Industries, Mining and Trade has issued over 1,000 cryptocurrency mining licenses to domestic operations. According to a report published on Jan. 24 by Iran’s Banking and Economic System Reference Media (IBENA), a […]
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A double whammy of uncertainty in stocks and a New Year sell-off could be at the heart of BTC/USD erasing gains last week, analysts say. Bitcoin (BTC) has shed 6% in a week thanks mainly to Chinese New Year and uncertainty over coronavirus, commentators are suggesting. Analyzing Bitcoin price data along with Chinese stocks’ performance […]
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With international conflict and recession looming on the horizon, is Bitcoin a safe haven for your money? In the summer of 2019, the 10-year minus 3-month yield curve inverted for the first time in 13 years. During the time of the inversion, Bitcoin’s price hit all-time highs for the year. The previous inversion in 2006 […]
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Venezuelan project Locha Mesh is developing devices to ensure crisis-struck regions are able to use crypto amid internet and electricity shortages. A Venezuelan team is developing Locha, a decentralized mesh network that doesn’t rely on the internet to transact with Bitcoin (BTC). The system, based on radio waves, was born in response to frequent electricity […]
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CME launched its first Bitcoin options product, but is its initial success a matter of good timing? In the two years since it launched cash-settled Bitcoin futures, CME has firmly established itself as a leader in the regulated crypto derivatives space despite not always being the first to market. In December 2017, it launched regulated Bitcoin futures a […]
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A militant group with ties to the Iranian regime and Hamas — the de facto ruling authority of the Gaza Strip in Palestine — is allegedly upping its Bitcoin fundraising activities. A militant group with ties to the Iranian regime and Hamas — the de facto ruling authority of the Gaza Strip in Palestine — […]
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From Coca-Cola and Maersk to the giant gaming industry and government: Technology that stands behind crypto has become more and more usual. As Bitcoin enters its twelfth year, the past eleven offer a meaningful amount of time to identify key trends that have emerged around cryptocurrencies and blockchain technology. These trends provide insights that are […]
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Are cryptocurrency mining operations moving from Iran to Central Asia in pursuit of stable cheap energy grids? Recently, the cryptocurrency mining community has been shaken with rumors of Chinese miners leaving Iran — where crypto mining is authorized as an industrial activity — for Central Asia. The move has ostensibly been taken in an attempt […]
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The Foin project has released an official explanation of why its token tanked after the purported price pump. The Foin project — which is behind the eponymous token that sunk following its supposed unlocking period at the beginning of January — has released an official explanation of the token’s tanking after the purported price pump. […]
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