The extreme volatility of the past 24 hours has seen $230 million in both longs and shorts liquidated on BitMEX. The recent volatility in the Bitcoin (BTC) markets has left both bulls and bears facing significant liquidations, with almost $223 million in 24-hour margin calls on leading derivatives exchange BitMEX being evenly spread between BTC […]
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The Ethereum co-founder says the crypto community needs to get with the times. Ethereum co-founder Vitalik Buterin says the current financial crisis is very different to the 2008 Global Financial Crisis that Bitcoin emerged from — and that the crypto community needs to adjust its thinking accordingly. Writing in a Twitter thread on June 2, […]
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Charles Hoskinson laments Vitalik Buterin’s inability to engage in a meaningful discussion about Cardano, which in his opinion hurts Ethereum. Charles Hoskinson does not know why his fellow Ethereum (ETH) co-founder Vitalik Buterin will not acknowledge the existence of Cardano (ADA) while speaking enthusiastically about other blockchain projects. Ignore fetish In a recent Cointelegraph interview, […]
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Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cointelegraph that Ethereum’s second-layer scalability solutions still need some work. Uri Kolodny, co-founder and CEO of blockchain firm StarkWare, told Cointelegraph that Ethereum second-layer scalability solutions still need some work. Ethereum co-founder Vitalik Buterin claimed on June 1 that the blockchain’s layer-two scaling initial deployment […]
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Blockchain projects are developing video conferencing applications as remote working gains more popularity during the ongoing COVID-19 pandemic. With the coronavirus pandemic forcing many businesses to adopt work-from-home policies, the demand for video conferencing programs appears to have increased. Indeed, by late April, video conference app Zoom was seeing 300 million daily meeting participants, a […]
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From today onwards, Canadian firms operating with virtual currencies will be legally recognized as Money Service Businesses. Cryptocurrency exchanges and payment processors are now legally recognized as Money Service Businesses (MSB) within Canada. June 1 saw the enactment of amendments to Canada’s Proceeds of Crime (Money Laundering) and Terrorist Financing Act that were passed in […]
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Cryptocurrencies appear on the scene of massive protests in the U.S. in response to police killing George Floyd, with many industry leaders weighing in. The United States is witnessing its biggest protests in years following the death of George Floyd at the hands of a police officer in Minneapolis. Some compare it to those after […]
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Last week, Bitcoin miners reportedly sold 11 per cent more coins than they generated over the same period. Last week, Bitcoin (BTC) miners sold 11 per cent more coins than they generated over the same period, June 1 data from on-chain analysis portal ByteTree suggests. According to the portal’s metric that tracks Bitcoin wallet addresses […]
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Famed pop music video director Joseph Kahn has announced that cryptocurrency trading is his new favorite hobby. Joseph Kahn, a music video director who has worked for the world’s leading pop stars for over two decades, has announced that trading crypto assets is his new favorite hobby. After claiming to have spent the past month […]
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Updating its popular BTC price model, crypto analyst PlanB predicts the cryptocurrency could see a rally to $100K by 2021. Crypto analyst PlanB released a key indicator for its stock-to-flow price prediction model which could signal a Bitcoin bull run to $100,000 by 2021 has just begun. PlanB confirmed on Twitter on May 31 that […]
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