The abnormal transaction fees from last week may not be blackmail after all, according to Alex Manuskin, a blockchain researcher at wallet company ZenGo. Last week, the crypto community spotted transaction fees of up to $2.6 million featured in several transactions on the Ether (ETH) network. Vitalik Buterin has since suggested that the abnormous fees […]
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Recent surges in open interest on Bitcoin and Ethereum options contracts suggests institutional players are continuing to build positions in the top two cryptocurrencies. Bitcoin (BTC) futures daily trading volume plunged sharply from about $20 billion on June 11 to about $5 billion on June 13. This is a negative sign because the volume increased […]
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Bitcoin is likely to make a decisive move in the next few days and start a trending move that could remain in force for a few weeks. Takeshi Fujimaki, a former adviser to George Soros, has said that Paul Tudor Jones is attempting to capture the big trend. According to Fujimaki, Jones’ recent investment into […]
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The co-founder of Turkish stablecoin project BiLira predicts that Turkey’s government will soon introduce new regulations for blockchain within the next year. The co-founder of BiLira (TRYB), the first stablecoin pegged to the Turkish Lira, is predicting that Turkey will announce a new regulatory framework for blockchain “within the next year.” In an interview with […]
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Crypto exchanges such as OKEx, Binance, Huobi, Kraken and Bitmex outline the key challenges they face in pushing to establish global operations. Cryptocurrency exchanges have an important role in driving adoption around the world, but even the biggest operations face significant challenges when trying to expand their services. The advent of Bitcoin (BTC) and the […]
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A second transaction has been confirmed on the Ethereum blockchain with a $2.6 million gas fee, confusing the crypto community. A second transaction of 350 Ether (ETH) ($86,000 at press time) with an incredible $2.6 million gas fee has just been confirmed on the Ethereum blockchain less than 24 hours after the first transaction for […]
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Experts say CoinMarketCap’s update is not good enough after the latest method tweak causes further controversy among the community. For reasons of vanity as well as for those of industry health, it’s important to have a good method for ranking crypto exchanges and coins. But as the past few years have shown, no foolproof method […]
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Major legal threats in the case of a big leap in Bitcoin price will see banks scrambling for support, the advocate forecasts. JPMorgan would have to move to Wyoming to protect itself from million-dollar Bitcoin (BTC), one blockchain advocate has warned. Speaking on financial news show the Keiser Report on June 6, Caitlin Long, who’s […]
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Author Isaiah Jackson says Bitcoin can be an effective protest against financial institutions for those who can’t take to the streets. Bitcoin & Black America author Isaiah Jackson says that people invoking Bitcoin during the protests over the police killing of George Floyd have identified the “real enemy” — a legacy financial system that shuts […]
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The 100k user milestone represents 2% of Kakao’s current user base in South Korea. South Korean company, Kakao, announced that its new crypto wallet function surpassed 100,000 users in less than a day in its chat app, KakaoTalk. The feature went live on June 3. According to the internet giant, KakaoTalk’s Klip was launched with […]
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