Crypto’s so-called unsuitability as a form of payment – a charge leveled at the sector by its biggest critics – is increasingly being put to the test, as some of the world’s biggest crypto exchanges wade into the payments sector. Per a press release shared with Cryptonews.com, the crypto exchange Bitfinex has announced that it…
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While popular interest in cryptocurrencies is surging across the world due to bitcoin (BTC)’s rally this year, a poll this week showed that 50% of surveyed professionals trust cryptocurrency, but only 39% would accept it as part of their compensation. The survey was carried out by anonymous professional network Blind between March 1 and 3,…
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Arthur Hayes. Source: Twitter, @CryptoHayes Major crypto derivatives exchange BitMEX is now seemingly working on all fronts in order to strengthen their positions amid regulatory crackdown and growing competition. Alexander Höptner, CEO of 100x Group, the holding behind the platform, revealed more details about his plain vanilla, or basic financial product strategy. The exchange is…
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Bitcoin price spiked above the USD 52,000 resistance, but it failed to remain stable. BTC started a fresh decline below the USD 51,000 support. It is currently (05:00 UTC) trading below USD 50,000 and it seems like there are chances of more downsides. Besides, most major altcoins are also correcting lower. ETH topped near USD…
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Kings of Leon. Source: A screenshot, Instagram/kingsofleon Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Decentralization news Brave, the developer of a crypto-friendly internet browser, said it acquired Tailcat, the open search engine developed by the team formerly responsible for the…
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The most popular cryptocurrency, bitcoin (BTC) is rallying above the USD 50,000 level again after leaving this zone less than a week ago and dropping below USD 44,000 on Sunday. (Updated at 10:11 UTC: updates throughout the entire text.) At the time of writing (09:42 UTC), BTC trades at USD 51,154 and is up by…
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While demographic studies have shown in the past that the average crypto investor is young and male, the picture in 2021 might be changing, a recent report has found, with Millenials being edged out by boomers and Generation Xers. At least that is the case in South Korea, where a new wave of “crypto moms”…
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Yesterday, bitcoin corrected gains and traded below USD 48,000. However, BTC remained well bid above the USD 47,000 level and it is currently (05:00 UTC) rising. The main resistance is now near USD 50,000, above which there are chances of a strong increase in the near term. Besides, most major altcoins are holding important supports.…
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Source: A screenshot, Instagram/bancodebogota The major Colombian commercial bank Banco de Bogotá has begun a crypto pilot that will see a select group of its customers allowed to make crypto transactions on its banking platform. Per Portafolio, the pilot will begin this month and will allow customers to make crypto deposits and withdrawals on its…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investments news PayPal is said to be in the process of buying crypto custodian Curv, Coindesk reported, citing three undisclosed sources "familiar with the situation." Israeli news website Calcalist first Read more »Pay,…
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