According to a new report, African nations have the highest rates of cryptocurrency adoption throughout the world. A new report published by Arcane Research shows that African countries have some of the highest cryptocurrency ownership rates worldwide. South Africa ranked third throughout the world with 13% of its internet users owning or using cryptocurrencies. Nigeria […]
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The recent golden cross between key moving averages has Bitcoin traders wondering if a strong upside move to $10,500 is in the making. Bitcoin (BTC) price remains in a somewhat neutral zone, caught between two highly consequential paths. For the past week, the top-ranked digital asset on CoinMarketCap has struggled to push above $9,900 in […]
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A monster 1.3M transaction block has been processed on the Bitcoin SV network. Blockchain service provider TAAL has processed the largest block to date on Bitcoin SV — 369MB in size and containing 1.3 million transactions. TAAL announced the milestone on Twitter. The block is an order of magnitude larger than anything currently achievable on […]
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Some Chinese companies could be left out of the world’s second-largest stock exchange as a result of proposed changes — and crypto is no exception. Nasdaq, the world’s second-largest stock exchange, is going to introduce new restrictions on initial public offerings, or IPOs, to prevent smaller Chinese companies from getting listed, a recent Reuters report citing anonymous […]
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A single mining pool managed to mine six consecutive blocks on the Bitcoin network, raising the question of whether that’s a challenge to security or an improbable coincidence? Questions about Bitcoin’s security cropped up on May 18, when the F2Pool mining pool mined six consecutive blocks on the BTC blockchain, covering block numbers 630804 to […]
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Crypto fans witnessed another episode of Billions featuring a plot focused on a Bitcoin mining operation. The world of cryptocurrencies figured prominently in the newest episode of the Showtime series Billions, which was broadcast on Sunday. The story revolved around a crypto mining scheme in a preparatory school. Notably, the episode was written by Ben Mezrich, […]
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Only 95 blocks were generated on the Bitcoin blockchain on Sunday due to the recent halving, an analyst argues. There were only 95 blocks generated on the Bitcoin (BTC) blockchain on May 18, according to data presented by pseudonymous Bitcoin analyst digitalik.net. “In [the] last 10 years we had only 8 days with less than […]
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As the Federal Reserve admits to “flooding” the market with cash, Bitcoin consolidates its post-halving position at $9,500. Bitcoin (BTC) is starting the second week of its fourth halving cycle clinging to $9,500, but what factors are weighing on the largest cryptocurrency this week? Fundamentals adapt to halving The start of a new week has […]
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Hackers attacking supercomputers across Europe, trying to get their hands on mining crypto. Hackers have attacked multiple supercomputers across Europe this week with the intention of mining cryptocurrency. Clusters of supercomputers have been forced to shut down in order to investigate the intrusions, according to a ZDNet news report on May 16. These security incidents […]
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If Bitcoin closes above $9200 this week, it’s an incredibly bullish sign — and perhaps the biggest since the 2017 bull run — for the coming weeks and months. The price of the top-ranked cryptocurrency by market capitalization, Bitcoin (BTC), is set to explode in the coming week providing the weekly candle opens above $9,200. […]
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