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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DigiByte’s founder has stood down citing a corrupted crypto culture fixated on profiteering just weeks after DGB rallied 90% in six weeks. Jared Tate, the founder of DigiByte (DGB), has announced he is stepping down from his daily operation, accusing the crypto community of becoming “co-opted [and] eroded by greed” and warning of centralization. Tate’s […]
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If Bitcoin closes above $9200 this week, it’s an incredibly bullish sign — and perhaps the biggest since the 2017 bull run — for the coming weeks and months. The price of the top-ranked cryptocurrency by market capitalization, Bitcoin (BTC), is set to explode in the coming week providing the weekly candle opens above $9,200. […]
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A stabilized coin, together with Bitcoin, might be the answer to fiat currency hyperinflation, says the founder of Saga. Ido Sadeh Man, founder of the global stabilized digital currency, Saga, spoke with Cointelegraph in an interview on May 15. During the interview, he said that a digital currency backed by a basket of strong fiat […]
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SBI Holdings plans to integrate Ripple-powered settlement across Japanese ATMs. Ripple partner and investor, SBI Holdings, announced plans to integrate Ripple-powered settlements across ATMs in Japan. The news was revealed in SBI’s latest financial report, announcing a plan to integrate the Ripple-powered settlements platform MoneyTap with ATMs run by various banks across Japan. The integration […]
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Bitcoin price is holding below $10,000 after the halving as the bullish and bearish scenarios are starting to take shape. The halving is over, which means that the hype and FOMO around the halving are slowly fainting away. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, rallied towards $10,000 pre-halving, but also […]
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ErisX rolls out CFTC-regulated, physically-settled ETH futures contracts to U.S. traders, but positive spot price action is not a certainty. Crypto exchange platform ErisX is bringing Ether (ETH) futures trading to the United States, becoming the second cryptocurrency derivatives product on offer in the country. The announcement came only a few days after the Chicago-based, […]
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In the post-halving reality, Bitcoin miners revenue has dropped by over 60 percent. With the block reward cut in half, miners are relying on Bitcoin (BTC) transaction fees to sustain themselves to a much greater extent. Miners lost 61% of their revenue May 10, miners earned 2188 BTC, May 12, this number fell to 852 […]
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Upticks in Bitcoin ATMs, transaction volume, and women in crypto all point positive for Bitcoin. Data published today from Cointelegraph Markets and Arcane Research found that despite investor concerns over the block reward halving disincentivizing miners and possibly compromising the security of the network, demand for Bitcoin continues to rise globally. Proof of increasing adoption […]
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The action in altcoins has become coin specific, meaning, traders should remain with those that are in an uptrend as they are likely to follow Bitcoin if it moves higher. A month after the first halving, Bitcoin (BTC) moved up by 7% but following the second halving, the price slipped by 10% in a month. […]
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