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 Crypto wallet provider Xapo, owned by Coinbase, is the latest international venture to exit Venezuela – with the firm emailing users in the country to let them know that it…
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The world of crypto has received an unwelcome jolt after the Hong Kong financial securities regulator announced – somewhat abruptly – that all crypto exchanges will need to register with the body if they wish to continue trading. Per Reuters, the head of the Securities and Futures Commission (SFC) will end its “opt-in” regulatory framework…
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Dan Schulman. Source: a video screenshot, Youtube/Axios Dan Schulman, CEO of online payments giant PayPal, has presented his diagnosis of the current financial system’s shortcomings, claiming it is inefficient and causing millions of people to be excluded, as the company expands into cryptocurrencies. “The pandemic has brought focus to the stark reality that billions of…
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Bitcoin (BTC) mining difficulty just had its largest drop since 2011 and the second-largest in history of the network. According to major mining pool BTC.com, mining difficulty, which is the measure that shows how hard it is to compete for mining rewards, has dropped more than nearly 15% estimated yesterday. It fell 16.05% – which…
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In the past three sessions, bitcoin price saw an increase in selling pressure below USD 13,650. BTC broke the USD 13,500 support and even extended its decline below the USD 13,350 support. The price is currently (05:00 UTC) holding the USD 13,200 support, but it might struggle to climb back above USD 13,650 in the…
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Bitcoin (BTC) mining difficulty could revert to levels not seen since August – with a forecasted drop in difficulty of almost 15% on the cards, similarly to what BTC miners experienced after a market crash in March. Per BTC.com, a major mining pool, data, the next bi-weekly readjustment will take place Tuesday morning (UTC) and…
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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. CBDCs news The digital yuan has already surpassed the 4 million transaction mark, said its operators – despite the fact that the token remains in pilot testing mode. Per Bloomberg, the central People’s…
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Source: Adobe/goodman_ekim The UK may be preparing for a second countrywide lockdown, but the national broadcaster has a suggestion for those marooned at home wondering what to do with their dwindling cash savings. In an article on the BBC website created by BBC Radio Scotland’s Clever about Cash program, authors put forward “five alternatives to…
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While not many coins had seen their prices increase in September, October brought a mini spring to the market. This was bitcoin (BTC)’s month. It took the first spot among the top 10 coins by market capitalization, as well as the seventh among the top 50 coins. And as the winds of decentralized finance (DeFi)…
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After a short-term downside correction, bitcoin price regained strength above the USD 13,500 resistance. BTC is currently (05:00 UTC) trading well above USD 13,650 and it might continue higher above USD 13,800 and USD 13,850. The main hurdle for more upsides is near the USD 14,000 level. Similarly, there was a recovery wave in most…
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