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Market Update: Bulls Return, 120 Million Tethers Minted, Bitcoin Halving Looms
20.3.2020
On March 20, cryptocurrencies jumped in value erasing some of the losses that took place over the course of the market carnage last week. The entire cryptoconomy gained a quick $39 billion during Thursday and Friday’s trading sessions and global trade volume has spiked significantly as well....
Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
19.3.2020
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...
Billion-Dollar Bitcoin Lawsuit Continues – Craig Wright Ordered to Pay $165K in Legal Fees
18.3.2020
While the cryptocurrency community deals with floundering market prices, the billion-dollar Kleiman v. Wright Lawsuit continues in Florida. On March 17, a court filing shows that the self-professed Bitcoin inventor Craig Wright has been ordered by the judge to pay $165,500 in attorney fees. U.S....
Crypto Synthetic Assets, Explained
18.3.2020
Users can now tokenize virtually any type of derivative asset using crypto synthetic assets. What does this mean?
Analysts Question Gold’s Safe Haven Status – 2008 Data Shows Central Banks Oversaturated Bullion Markets
17.3.2020
After bitcoin prices dropped below the $5K region on Monday morning, gold also slid significantly. It saw a small spike in value after the Federal Reserve announced slashing the benchmark rate by 100 bps, but gold prices subsequently dropped below $1,500 per ounce hours later. The current sentiment...
NEO-Based DEX Partners With Zilliqa to Add Ethereum and EOS Assets
17.3.2020
Zilliqa users will soon be able to trade Ethereum and EOS-based assets thanks to a partnership with NEO-based decentralized exchange Switcheo
Bakkt Closes New $300M Funding Round to Unlock $1 Trillion in Digital Assets
16.3.2020
Bakkt has now totally raised over $480 million after closing a new $300 million financing round on March 13
Bank of Russia Says New Digital Assets Bill Will Outlaw Crypto Trading, Issuance
16.3.2020
The central bank is in favor of digital securities, but maintains cryptocurrencies shouldn't be allowed in Russia
With $1.5 Billion Under Management Grayscale Bitcoin Trust Slides 30%
14.3.2020
Prior to the market carnage on March 12, the Grayscale Bitcoin Trust (GBTC) had acquired over 300,000 BTC. Grayscale’s trust has been one of the longest-running FINRA approved investment vehicles with bitcoin assets under management. On Feb. 5, GBTC shares climbed more than 10% that week...
Bitcoin Price Correlates With Traditional Assets, but Not Entirely
14.3.2020
With Bitcoin losing nearly 40% of value, many question whether the flagship crypto asset is truly an independent class
Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks
13.3.2020
Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers of such services in the Federal Republic are now recognized as financial institutions. Bitcoin Group...
The FATF Recommendations on Privacy Coins: Why Private People, Businesses and Governments Should Care
12.3.2020
Over the past few months, private crypto assets, commonly known as privacy coins, have been under pressure due toContinue Reading
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WHO Labels Coronavirus a Pandemic — Is Crypto Safe?
11.3.2020
Coronavirus is now a pandemic, according to the World Health Organization, although crypto could be a safe haven
What Mainstream Financial Advisors Are Saying About Bitcoin
11.3.2020
As mainstream markets tumble, some financial professionals have mentioned cryptocurrency as an option
Bitcoin is Directly Correlated to Risk Assets Says Peter Schiff; Did BTC Fall Below $8k for this?
11.3.2020
With many variables affecting the market, Coronavirus happens to be the talk of the town, and little did we know that this would crash the markets worldwide and lure away all the investor wealth in seconds. Bitcoin (BTC), at the time of writing this analysis, was trading around $7,800 after...
Blockchain.com Will Allow Retail Wallet Users to Borrow USD Stablecoins With Cryptocurrency
11.3.2020
The digital assets lending field seems to be heating up with Blockchain.com starting to offer lending directly to retail consumers globally. Borrowed USD stablecoins can be used by crypto traders to fund their next trades and thus increase the leverage of their holdings. Also Read: Blockchain.com...
The 35 Most Influential Bitcoiners Dominating Crypto Twitter by Follower Count
10.3.2020
Twitter has become home to cryptocurrency influencers who use it for evangelism, spreading news, shilling coins, and shaming certain projects. Of course, the more followers a crypto thought leader has on Twitter, the greater their reach and influence. The following is a look at the top crypto...
US Lawmaker Introduces Crypto-Currency Act of 2020 While Under Coronavirus Quarantine
10.3.2020
A U.S. congressman from Arizona has introduced the Cryptocurrency Act of 2020 while under coronavirus quarantine. The bill clarifies which federal agencies regulate which type of crypto assets. “It’s crucial that America remains the global leader in cryptocurrency,” the lawmaker...
Industry Execs Claim Freshly Minted ‘Virgin Bitcoins’ Fetch 20% Premium
8.3.2020
A few blockchain surveillance companies like Cyphertrace have recently published reports on criminal activities tied to bitcoin usage and the studies mentioned the topic of “virgin bitcoins.” According to industry executives, freshly minted bitcoins with no transaction history can sell...
White Label Exchange Provider AlphaPoint Raises $5.6 Million
6.3.2020
A white label exchange provider that powers 150 exchanges in 35 countries has raised $5.6 million to develop new features