As Grayscale reveals it holds 1.7% of all Bitcoin in circulation, institutional investors seem to be gaining more confidence in Bitcoin. A recent report by Grayscale, a cryptocurrency venture capital company, revealed the firm now holds roughly 1.7% of all of Bitcoin’s supply in its Bitcoin Trust (GBTC). Having seen the biggest quarter yet, Grayscale’s […]
Continue ReadingXRP price has rebounded since the March crash and looks to tackle key resistance in an attempt to reclaim the $0.30 level. Recently, altcoins have been showing strength as Bitcoin (BTC) has just broken a key resistance level. Notably, ChainLink (LINK) and Tezos (XTZ) have been moving up more than 150% in the past month. […]
Continue ReadingA sudden flashpoint ignites for Bitcoin markets, propelling the cryptocurrency beyond $7,200 to top out closer to $7,800. Bitcoin (BTC) surged above key resistance levels on April 23 as bulls gained control and propelled markets 10% higher. Cryptocurrency market daily overview. Source: Coin360 BTC price jumps $700 in hours Data from Coin360 and Cointelegraph Markets […]
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Blockchain fantasy soccer game Sorare has signed a licensing agreement with Real Betis — the Andalusian soccer team that drew the French star player Nabil Fekir to La Liga last summer. Blockchain-based fantasy soccer game Sorare has signed a licensing agreement with Real Betis — the Andalusian soccer team that drew the French star player […]
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Roughly 75,000 BTC is being added to long-term positions daily, according to figures tracking investor behavior. Bitcoin (BTC) hodlers are accumulating more coins every day than any time in over a year, as crypto investment looks increasingly attractive. According to data from monitoring resource Glassnode on April 23, this month saw a significant increase in […]
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The crypto exchange OKEx’s CEO, Jay Hao, talks the future of OKEx and the crypto sector, CMC’s acquisition by Binance and his favorite books. Jay Hao, the CEO of the digital asset exchange OKEx, took part in Cointelegraph China HUB, an online interview column started by Cointelegraph China. In the past, Hao has stated that […]
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A delicate balance for Bitcoin price could still resolve in any case, says Delphi Digital as markets navigate a unique environment pre-halving. Bitcoin (BTC) is flipping its 50-day moving average (MA) to support and eyeing $7,200 for a “potential breakout,” a new report has concluded. Published on April 22, Delphi Digital’s latest market report concluded […]
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Entrepreneur Alex Mashinsky thinks a bet on Bitcoin in the current financial crisis is a bet “that the deflationary pressures will win”. Alex Mashinsky, chief executive officer (CEO) of cryptocurrency lending platform Celsius Network, thinks Bitcoin (BTC) hasn’t become enough of a non-correlated asset for investors to turn to it in the current financial crisis. […]
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New research suggests Tether Treasury is not pumping Bitcoin’s price, contrary to popular belief. Stablecoins are not driving up the price of Bitcoin and other cryptocurrencies, according to a new study from the Centre for Economic Policy Research. Academics Richard K Lyons from UC Berkeley and Ganesh Viswanath-Natraj from the Warwick Business School looked at […]
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An investigation provided in-depth info regarding how sextortion scams remain profitable for cybercriminals. A study carried out by SophosLabs in conjunction with cryptocurrency intelligence company, CipherTrace, revealed that sextortion scams are a profitable business. Between September 1, 2019, and January 31, 2020, nearly $500,000 in profits we gained by cybercriminals engaging in sextortion. According to […]
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