In October, when bitcoin (BTC) was still below USD 14,000 and ethereum (ETH) was fluctuating around USD 400, majority of the respondents in a survey by Kraken Intelligence, hoped that BTC will hit USD 20,000 in 2021 while ETH will at least be trading higher than the price in October. However, the median estimated BTC…
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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. Crypto adoption news PayPal CEO Dan Schulman said the use of digital currencies is set to go mainstream as more merchants take a "digital first" approach to payments, Bloomberg reported. "The entire world…
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As US-based major crypto lending and trading company BlockFi just announced another bitcoin (BTC) rewards card, it seems that BTC spenders might be able to “farm” their rewards by combining already existing solutions. Somewhat, it would be similar to what DeFi yield farmers are already doing by moving their tokens between different lending protocols to…
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A Spanish economics professor said that the popularity of crypto proves that central banks have become “obsolete” in the modern world. The comments were made by professor Pablo Agnese, a tenured lecturer in the Department of Economy and Business Organization at the Universitat Internacional de Catalunya Barcelona (UIC Barcelona), who added that young people were…
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Source: A video screenshot, Youtube/CNBC While the most popular cryptocurrency, bitcoin (BTC) is still an untested territory, it possibly can evolve into a global market, and already makes the US Dollar less relevant, according to Laurence D. Fink, CEO of the world’s largest asset manager, BlackRock. He was answering a question on digital currencies during…
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Yesterday, there was a sharp bearish reaction in bitcoin price from the USD 19,900 zone. BTC declined over USD 1,500 and it settled below USD 18,800. The price is currently (05:00 UTC) trading near USD 18,500, below which there is a risk of more downsides. Similarly, there was a sharp decline in most major altcoins,…
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China’s state-run press agency Xinhuanet has published a short piece urging citizens in the country to ignore the hype of surging bitcoin (BTC) prices – and instead keep faith in the state’s pro-blockchain policies. In the piece, which was carried by media outlets such a Sina, two Tianjin-based Xinhua staff reporters wrote that it was…
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A Wigan Athletic player. Source: A screenshot, Instagram/laticsofficial Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Major crypto exchange Coinbase revealed that it was selected as the primary execution partner for MicroStrategy’s USD 425m investment in bitcoin (BTC) Read…
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In the past three sessions, there was a steady rise in bitcoin price above the USD 19,000 resistance. BTC surpassed the last swing high near USD 19,500 and traded to a new yearly high above USD 19,800. The price is currently (05:00 UTC) consolidating gains and it could attempt a move towards USD 20,000 in…
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Toronto-based and the Canadian Securities Exchange-listed tech company Braingrid is refocusing its business in order to become an investment company, with the agreed acquisition of a majority stake in Cryptonews.com being among its first deals. The provider of technological solutions for the agriculture industry plans to shut down or dispose of its current assets and…
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