With the US now imposing travel restrictions on most of Europe due to the coronavirus, the crypto industry has been hit hard. In the United States, President Trump announced new travel restrictions today in response to the spread of the COVID-19 coronavirus. The Commander in Chief signed a Presidential Proclamation suspending the entry of most […]
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The aftermath of Bitcoin’s worst hourly performance in history continues to weigh on exhausted traders as Wall Street plummets again. Bitcoin (BTC) struggled to turn $6,000 into support during trading on March 12 as the second “Black Monday” event in the same week pushed stocks to perilous lows. Cryptocurrency market daily overview. Source: Coin360 BTC […]
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The alleged mastermind behind anonymous Russian black market Deer.io has been arrested by the FBI at John F. Kennedy Airport in New York. Kirill Victorovich Firsov, the alleged owner of Russian-based anonymous marketplace Deer.io, was arrested on March 7 by Federal Bureau of Investigation (FBI) officials at John F. Kennedy Airport in New York. Court […]
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Reacting to the growing epidemic, CME will suspend trading in Chicago from Friday. Other crypto- related firms are taking precautions too. With the coronavirus outbreak officially reaching epidemic proportions, crypto-related companies and organizations are having to change the way they do business. According to a CNBC report on Wednesday, Chicago Mercantile Exchange (CME) Group — […]
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Several encryption key management standards and their development will be the next step in digital currency’s mass adoption. As the price of Bitcoin (BTC) crept up in recent months, it appears public interest in digital assets is once again on the rise. Newcomers to the sector these days have it far easier than those who […]
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Should crypto exchanges follow traditional exchanges and implement circuit breakers? Traditional exchanges have been using “circuit breakers” to curb panic selling, and it might be time for crypto exchanges to follow suit. Yesterday, March 9, trading on the New York Stock Exchange was suspended for 15 minutes. This was due to the S&P 500 Index […]
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The U.S. Federal Reserve just injected $168 billion into the economy, totaling more than Bitcoin’s entire market cap. After several days of plunging markets, the U.S. Federal Reserve added $168 billion into the economy — a total higher than all money currently invested in Bitcoin. “Separate auctions Tuesday in the short-term lending market, or repo, […]
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Bitcoin price has dropped below $8K again but it appears the digital asset is gearing up to consolidate in the $8K to $8.2K range. Bitcoin (BTC) price has taken another dip below $8,000, dropping 5.11% to $7,728 after touching a daily high at $8,149. The pullback occurred shortly after the New York State Governor Andrew […]
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SEC commissioner lends an olive branch to the crypto community as New Jersey becomes the latest state to unveil crypto regulations. Some of the internet’s biggest companies — the likes of Amazon, Google and Facebook — were created from the ruins of the dot-com bubble. Likewise, the crypto ICO bubble seems to have many states […]
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Tezos is a standout altcoin for 2020, but is interest in the protocol justified? Let’s talk about Tezos (XTZ). For a long time, the joint United States–Swiss altcoin has had a strong reputation, yet a checkered past. Only recently has the price begun to reflect the faith that many already had in the protocol. However, […]
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