Bitcoin’s mining difficulty recently spiked, while miners hold larger piles of Bitcoin than usual. Recent findings from analytics company Digital Assets Data show miners hanging on to their Bitcoin (BTC). “Rolling MRI (Miner’s Rolling Inventory) has declined significantly since the halving, meaning that miners are holding onto more BTC than they are mining, despite the […]
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HaoBTC and Poolin shift over 7,000 BTC as bullish tendencies appear to fade and BTC/USD falls back to $9,500. Bitcoin (BTC) miners may have started selling coins once more as data shows two mining pools release over 7,000 BTC in a single day. The figures, from on-chain monitoring resource CryptoQuant, came hours before BTC/USD abruptly […]
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Sudden suggestions that Bitcoin support is coming to PayPal and Venmo is causing traders to reassess the likelihood of a BTC price bull run. Bitcoin (BTC) coming to PayPal and Venmo may be just a rumor, but some of the cryptocurrency’s best-known names are turning bullish. As the news hit that the payment processor was […]
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There are two public-facing job listings for crypto pros to go to work for PayPal. PayPal is hiring crypto and blockchain experts amid rumors that the global payment platform will enable direct cryptocurrency purchases for its 305 million users. The job descriptions they’re hiring for are publicly available on the company’s own job board. The […]
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Kraken CEO Jesse Powell told Bloomberg in a recent interview that Bitcoin would surpass gold as a store of value in the long-term. In a June 16 interview with Bloomberg, Kraken CEO Jesse Powell claimed that layer-2 solutions will in time make Bitcoin (BTC) as easy to use as the United States dollar. In addition […]
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The high-profile wallet maker will be integrating its security and infrastructure solutions with Universal Protocol technology and assets. Digital asset hardware wallet firm Ledger has joined a blockchain interoperability coalition, the Universal Protocol Alliance. In an announcement on June 11, UPA revealed that the high-profile French hardware wallet maker will be integrating its blockchain security […]
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Blockchain for distributing votes and independent digital dollars take center stage in the this week’s regulation news. Editor’s note: These are times strange enough that every conversation seems to include some verbal acknowledgment like “strange times, huh?” A quasi-anarchist police-free leftist separatist bubble has formed and is growing on Seattle’s Capitol Hill — a sentence […]
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European police successfully busted a multi-million illegal online streaming business operating from Spain. In a recent investigation, European police busted a major illegal online streaming business that had reportedly been running for the past five years. Bloomberg reported that the police conducted 15 house searches, arresting 11 people and successfully taking down 50 servers across […]
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The CEO of Celo alliance member Blockdaemon believes that the Celo ecosystem will soon comprise “PayPal on speed with its own native currencies.” Since launching its Alliance for Prosperity earlier this year, open payment platform Celo has quickly emerged as an apparent rival to Facebook’s Libra stablecoin project. Cointelegraph spoke to Konstantin Richter, the CEO […]
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The future is digital and bank-free, said Andreessen Horowitz general partner Katie Haun in a recent interview. Andreessen Horowitz, or a16z, expects more Libra competitors to enter the space, seeing “an opportunity for a new financial network.” As the venture firm’s general partner Katie Haun told Bloomberg in an interview published June 1, a16z expects […]
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