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Bitcoin Claws Back Over 40% of Recent Price Selloff With Surge Above $6.8K
20.3.2020
Bitcoin passed $6,900 on Friday, helping the cryptocurrency erase a significant portion of the recent losses
UK Police Reports 562 Cases of Bitcoin-Related Blackmail Over Last Two Years
19.3.2020
New reports show 562 accounts of Bitcoin blackmail over 2018 and 2019
Judge Calls Out Kleiman Attorneys Over ‘Excessive’ Fees in Craig Wright Case
19.3.2020
The Florida judge has now approved fees and expenses amounting to about a quarter of the amount claimed
Consistent Backends and UX: What are the Barriers to Adoption?
19.3.2020
There are very few scenarios in which an eventually consistent database is preferable over a strongly consistent database. Further, in a multi-region application scenario where scaling is necessary, choosing either an undistributed database or an eventually consistent database is even more...
Bitcoin Oversupply Issue Over & Prices Now Stable, Says Chainalysis
19.3.2020
Blockchain and analytics specialist Chainalysis says that although bitcoin (BTC) inflow volumes to exchanges are still high, it looks as though prices have attained some degree of temporary stability.
In a recent report on the state of the BTC market, analyst Philip Gradwell wrote,
“The majority...
Neo (NEO) Exhibits Two Parabolic Falls Over a Day
18.3.2020
NEO has recently formed a dip at $5.40, and it is now eyeing for a recovery Since yesterday, the coin has been trading above $5; it has faced rejection at $5.90 RSI and MACD are in the bullish zone while moving averages are still showing a negative picture On March 13, Neo price has dipped …
BitGo Allows Customers to Extend Crypto Insurance Cover Over $100M
18.3.2020
BitGo customers can now boost their insurance limits beyond $100 million to cover the loss or destruction of crypto stored in special vaults
Devs Debate Using USDC for Collateral After DAI Stablecoin Faces Liquidity Issues
18.3.2020
Since March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt. However...
Gold/USD Analysis: Gold Proves to be NO Exception as it Records Over 5% Dip
17.3.2020
Just when we thought that Gold is the safest haven amidst the market crash that’s happening due to Coronavirus, the former extended its dip and has recorded almost 2% loss after the previous day’s weakened session. Interpreting the global crises to end up with funding and liquidity problems,...
How Many Women Users Before Crypto Is Not Sexist?
17.3.2020
A recent headline on Micky — an iconoclastic media outlet that focuses on cryptocurrency — read “Crypto Twitterstorm: ‘Creepy sexist trolling’ or just a funny meme?” The article explained, “A post making fun of Blockstream’s Samson Mow has sparked...
COVID-19: Joseph Steinberg Raises Alert Over Ongoing Cyber Crime
16.3.2020
The Covid-19 outbreak has lead to a lot of haywire in the world, and sadly, cybercriminals are taking full advantage of it. They are, in fact, leaving no stone unturned to attempt fraud during the ongoing pandemic. The cybercriminals are increasingly targeting healthcare institutions...
Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During Pandemic
16.3.2020
Transferring money over traditional channels may involve a lot of queuing in lines these days. Authorities around the world are trying to prevent large groups of people gathering in confined spaces to reduce the risk of transmitting the coronavirus infection. Remittances are a lifeline for people...
Cardano Price Accumulates as it Rises Over 50%; Yet Appears Bearish
16.3.2020
Cardano price trades at $0.0262 after nearing an All-Time High at $0.0167 A downtrend seems to continue as we project further losses due to lack of momentum and support ADA/USD has lost over 75% in a period of 30 days from mounting at $0.0729 to bottoming out at $0.0167 The bearish crossover...
Price Drop Casts Pall Over Bitcoin Miners’ Equipment Upgrades
16.3.2020
Bitcoin miners spent $500M+ over the past six months preparing for May’s “halving”. Last week’s price crash means they may wait longer for the payoff
Canaan Sued Over Alleged ‘Fake’ Deal, Stock Sees Historic Low
15.3.2020
The Nasdaq-listed Canaan is being attacked by angry investors who think that the company has exaggerated its financial health
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...
Blockstack CEO Muneeb Ali Upset Over US Authorities’ Delayed Response Towards COVID19
14.3.2020
Coronavirus has hit the world very hard, with more than 100 countries being on the receiving end of the blows. What apparently arose out of China’s Wuhan City, has now infected more than 146,000 people globally, with more than 5,400 reported deaths. The magnitude of this pandemic can be asserted...
50 Companies Back New Cryptocurrency Project Competing With Facebook’s Libra
13.3.2020
Some members of the Libra Association are now backing a rival project called Celo, which has its own blockchain and cryptocurrency. Over 50 major companies have pledged their support, each pursuing a diverse set of use cases. The project claims that the combined reach of all members exceeds...
Gold and Bitcoin Markets Tested, While Central Banks Try to Quell Stock Market Rout
13.3.2020
Central banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by 50 bps bringing the base rate down to 0.25%. Meanwhile, Wall Street bankers and U.S. President Donald Trump want the Federal...
Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B
12.3.2020
Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy has lost over $50 billion during the last three days. Digital asset prices dropped to the lowest levels since May 2019. Moreover, on five derivatives exchanges, more than $2.2 billion leveraged...