The coronavirus pandemic forces humanity to shift to digital services, and blockchain could provide the required trust and security. Milton Friedman called it the tyranny of the status quo. It is a resistance to change that imprisons us in the moment and blinds us to potential. Yet, despite it all, innovation proves inevitable and change […]
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Officials from the People’s Bank of China push to accelerate adoption of the country’s Fintech Development Plan. The People’s Bank of China, or PBoC, Financial Technology Committee held its first meeting of the year this week. During the meeting, the central bank’s deputy governor, Fan Yifei, urged that the country’s blockchain adoption strategy be accelerated. […]
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While miners took a double hit, the combination of the pandemic and halving could provide an unlikely tailwind to the crypto industry at large. Normally, little is unexpected concerning the regular, pre-programmed adjustment of the Bitcoin network’s mining reward size, otherwise known as halving. Baked into the digital currency’s original protocol, the anti-inflationary mechanism gets […]
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Bitcoin is not out of the woods after a wild weekend selloff and risks more downside as the much-anticipated BTC halving event is about to pass. The price of Bitcoin (BTC) touched $10,000 last week but crashed more than $2,000 from Saturday to Sunday as the price hit $8,100. Is the halving hype over a […]
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Multi-crypto wallet Infinito is integrating Paxful’s P2P trading services into its platform. Multi-crypto wallet Infinito has announced a partnership with peer-to-peer Bitcoin (BTC) marketplace Paxful to integrate their services into the “Infinito Wallet.” According to the official announcement, Infinito users will now be able to buy Bitcoin directly from other crypto users around the world […]
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Iran is set to redenominate its fiat currency, removing four zeros to create a new fiat called toman as demand for crypto is surging. Ravaged by crippling hyperinflation, Iran’s Parliament has sanctioned the redenomination of its fiat — the rial — by replacing it with a new currency called the toman. According to the plan, […]
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The SEC has proposed a summary judgment that it hopes will conclude the regulator’s lengthy battle with Kik over the firm’s 2017 ICO. A new round of documents have been filed in the lengthy dispute between the United States Securities and Exchange Commission, or SEC, and Kik Interactive Inc. over the messaging company’s 2017 initial […]
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Bitcoin price completed a V-shape recovery to $10,000 as crypto traders expect it to reach $15,000 in Q3 2020. The Bitcoin (BTC) price surpassed $10,000 on Thursday, completing a V-shape recovery from its fall to $3,600 back in March. Traders believe that the rally is just beginning for the top-ranked cryptocurrency by market capitalization as […]
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With Bitcoin rallying to test $10,000, Cointelegraph reached out to several top crypto analysts to get their take on what the halving means for Bitcoin’s price. Ahead of Bitcoin’s third halving early next week, the markets have rallied to test the crucial $10,000 zone. While the halving has historically been seen as a catalyst for […]
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Bitcoin price has risen to $9,887 but is strongly overbought, increasing the possibility of a post-halving sell-off. The Bitcoin (BTC) price has seen a strong recovery to $9,887 since mid-March, rising by more than $6,000 within a span of two months. The rapid upsurge was caused in anticipation of the block reward halving that is […]
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