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Bitcoin Jumps Back Above USD 6,000 as It Rallies 50% Since Bloody Friday


Source: iStock/hocus-focus After touching the USD 4,000 level less than a week ago, bitcoin (BTC) rallied around 50% and is now trading above USD 6,000 again. At pixel time (18:39 UTC), bitcoin is trading at c. USD 6,249 and is up 22% in a day, erasing all its weekly losses. The price is now up...

Money is a 'Kind of a Fair Game,' says Vitalik Buterin


Vitalik Buterin. Source: a video screenshot, Youtube, Business Insider Vitalik Buterin, co-founder of Ethereum, finds money to be a type of game, but out of that game, there may be a solution for people to act towards the common good. In a recent episode of Artificial Intelligence Podcast with...

Another Venezuelan Bitcoin Spike as Banks Struggle + More News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Peer-to-peer (P2P) bitcoin (BTC) trading appears to be on the rise in Venezuela after the country’s president Nicolás...

Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare


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...

Steem Doubled in Price After Justin Sun Controversy


Steem (STEEM), the social media-like blockchain platform launched in 2016, has seen a massive surge over the past two days, after it decided to evade a hostile takeover by Justin Sun and the Tron Foundation by moving the entire platform over to a new blockchain called Hive. The new blockchain...

South Korean Crypto Exchanges Ready Compliance Measures as Clock Ticks


South Korea’s landmark Special Financial Transactions Information Act amendment was promulgated earlier this week, a fortnight after the country’s parliament voted unanimously in its favor. Although many industry players have been galvanized by it, others have warned that its stipulations – which...

Bitcoin Rallies as Fiat Currencies Drop Against the U.S. Dollar


After a major market crash last week, bitcoin (BTC), the most popular cryptocurrency, at least today is somewhat showing its power as a hedge against risks inherent in fiat currencies and the broader financial system. Trading up 12% over the past 24 hours as of press time (USD 5,772 at 12:41...

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