As Germany shuts down all nuclear and coal-based energy production, blockchain is underpinning many renewable energy platforms. With Germany aiming to decommission all nuclear power generation in the country by 2022 and all coal-fired stations by 2038, myriad disparate renewable energy producers of various sizes are stepping up to meet demand. Distributed ledger technology is […]
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Lowest price forward claims that after August this year, Bitcoin will never trade below five figures again. Bitcoin (BTC) will never cost less than $10,000 again after August this year — according to a price indicator gaining popularity among investors. In a tweet on June 2, Timothy Peterson of asset manager Cane Island Alternative Advisors […]
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A brief breakout into bullish territory for BTC/USD was a red herring, says John Bollinger, who is urging “caution” among traders. Bitcoin (BTC) hitting highs of $10,300 this week isn’t a breakout and investors should brace for losses, renowned analyst John Bollinger has warned. In a tweet on June 2, the Bollinger Bands indicator creator […]
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Crypto pioneer Adam Back thinks the current financial situation could propel Bitcoin to $300K — even without Goldman Sachs on board. Blockstream’s Adam Back says that unlimited money printing will drive retail investors towards Bitcoin and push the price to $300,000 within five years. In an interview with Bloomberg — in which he once again […]
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Bitcoin is still far from the status of macro assets, but is catching up relentlessly, says Coin Metrics’ State of the Network. “All facets” of Bitcoin (BTC) trading volume are growing exponentially and can easily match major asset classes, says a new report. Released on June 2, Coin Metrics’ State of the Network casts the […]
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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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A frenzied period for major exchanges produces unusual phenomena and huge volumes, while Coinbase bows out. Bitcoin (BTC) hitting $10,000 has been frantic activity on exchanges — investors are buying the largest cryptocurrency at five figures, not selling. According to data from monitoring resource Coin Metrics on June 2, one 10-minute period alone saw trading […]
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The ODL index for XRP/AUD exceeded the previous all-time high value of $15,640,530 despite the price of XRP staying relatively flat. On-Demand Liquidity (ODL) for XRP paired with the Australian dollar reached a new all-time high of 15,640,530 AUD on the exchange BTC Markets. According to a recent tweet from the Liquidity Index Bot, the […]
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Tension between China and the U.S. is increasing and if the current trade deal is scrapped Bitcoin could be a major beneficiary. The tensions between the U.S. and China have escalated once again. This is bad news for the global economy which is currently witnessing one of the worst crises since the Great Recession. If […]
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Sensitive data from darknet websites hosted in Daniel’s Hosting have been leaked by a hacker who claims ties to Anonymous. Reports emerged on May 31 about a hacker that stole and leaked the database of Daniel’s Hosting (DH), the largest free web hosting provider in the darknet, and the home of several crypto-related forums and […]
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