Besides Bitcoin, several major cryptocurrencies are consolidating close to their overhead resistances and could offer buying opportunities in the short-term. The coronavirus pandemic has crippled the United States’ economy, which is staring at its worst recession since the Second World War. To counter this, the U.S. Federal Reserve has pumped trillions of dollars into the […]
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A crypto exchange from Mexico launched an initiative to gather COVID-19-related donations through cryptocurrencies. Mexican cryptocurrency exchange, Bitso, joined forces with the crowdfunding platform, Donadora, to launch a crypto-based donation system. The platform will help gather funds to buy food for the most vulnerable families affected by the COVID-19 crisis. According to a report published […]
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Simba Chain, a cloud-based smart contract startup, is building a blockchain data management system for the U.S. Department of Defense. Simba Chain, a blockchain startup backed by the Defense Advanced Research Projects Agency (DARPA), has won another contract from the United States government. A long-established favorite of the U.S. military authorities like the U.S. Air […]
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Bitcoin suffers a “halving dump” after testing $10,000, what the event means for miners, and the latest predictions of where prices will be in 2021 and beyond. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading […]
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With less than three days left until the halving, Bitcoin is currently outperforming every mainstream asset class for 2020 so far. Data published by market research firm Fundstrat shows that Bitcoin (BTC) is the top-performing asset class of 2020 so far. The data, posted to Twitter by Fundstrat’s Thomas Lee, shows Bitcoin to have outperformed […]
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Video conferencing app Zoom, the undisputed titan in an era of social distancing, has acquired end-to-end encryption start-up Keybase. Video conferencing app Zoom, the undisputed titan in an era of social distancing, has acquired end-to-end encryption start-up Keybase. The acquisition, announced May 7, follows multiple privacy and security-related scandals — including the rise of video […]
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A report from Flipside Crypto delves into why XRP trading drops significantly on weekends. A new report by blockchain intelligence firm Flipside Crypto indicates that trading activity for XRP slows down considerably on the weekends. The question is, why? In the report called “4 Things To Know About XRP Money Flows”, the company analyzes the […]
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Abra has received $5 million in funding from the Stellar Development Foundation. The Stellar Development Foundation, or SDF, has allocated $5 million to crypto investment app Abra. The company now looks to incorporate the Stellar blockchain into its platform, as well as develop Stellar-based products. “We believe Stellar’s platform is one of the most scalable […]
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Most major cryptocurrencies are stuck in a tight range awaiting direction from Bitcoin. Pantera Capital Founder and CEO Dan Morehead is bullish on Bitcoin (BTC) due to the upcoming halving as he believes that “if the new supply of Bitcoin is cut in half, all else being equal, the price should rise”. If history were […]
Continue ReadingRipple co-founder Jed McCaleb sold more than 54 million XRP in April and still has billions left to sell, according to his wallet activity. Analyzing known wallets for Ripple co-founder Jed McCaleb shows he sold off at least 54 million XRP between April 1-30. With data available through XRP ledger explorer bithomp from McCaleb’s known […]
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