Despite innovations in mostly Ethereum-based decentralized finance (DeFi) stealing much of the attention at the moment, New York-based investment company ARK Invest Management claims that bitcoin (BTC) is “the most compelling monetary asset since gold,” capable of reaching a market capitalization of USD 1 -5tn in the next five to ten years. The bullish prediction…
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Hardware wallet maker Ledger has released a new version of its Ledger Live app which integrates the Coin Control feature for bitcoin (BTC) and its derivatives in a bid to enhance user safety, reduce the paid fees, and potentially prevent privacy threats known as dusting attacks. In crypto parlance, dust refers to a fraction of…
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Jesse Powell, CEO of Kraken. Source: a screenshot, Instagram/krakenfx 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 Kraken has officially opened its new Japanese exchange under the umbrella of its Tokyo-based Payward Asia subsidiary. Per an official Kraken blog…
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Bitcoin (BTC) mining difficulty is estimated to hit another all-time high on Saturday and reduce mining profitability, as the computational power of the network is now up by more than 20% since the beginning of August. Mining difficulty, or the measure of how hard it is to compete for mining rewards, is set to jump…
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Colombian banks may be permitted to test crypto transactions in a new regulatory sandbox, after a presidential advisor stated that a top financial regulator may actively seek the aid of the nation’s financial sector to pilot crypto-powered business. In a tweet, presidential economic and tech adviser Víctor Muñoz wrote that the Superintendencia Financiera (Superfinanciera), Read…
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Peer-to-peer (P2P) crypto marketplace LocalBitcoins said it has “no plans” to leave Venezuela – despite the United States Treasury-endorsed sanctions that have already forced one of its rivals to close down its operations in the South American nation. As previously reported, the Office of Foreign Assets Control (OFAC), the Treasury’s financial intelligence and Read more…
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Michael Saylor, the co-founder of MicroStrategy, an American software company that famously used its balance sheet to buy over USD 400 million worth of bitcoin (BTC), said that his firm’s investment was “not a bet” – and claimed that big-business players may turn to crypto out of a “fiduciary obligation” not to allow cash holdings…
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Despite the US Federal Reserve (Fed) is planning to keep interest rates at or near 0% for at least another three years, while also keeping the door open for inflation above its stated 2% target, bitcoin (BTC) traders did not seem moved by the somewhat expected announcement. BTC touched a high of just over USD…
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Bitcoin (BTC), the first and largest cryptocurrency, has the strongest positions among crypto users in North America, while stablecoins and altcoins get more attention in Asia, a new report from crypto analysis firm Chainalysis showed. According to the report, BTC made up 72% of the crypto transfer value in North America, where stablecoins only made…
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Bitcoin price is gaining momentum and it even spiked above the USD 11,000 resistance zone. BTC is currently (08:30 UTC) correcting lower, but the previous resistances near USD 10,800 and USD 10,650 might provide support in the coming sessions. Similarly, most major altcoins stayed above key supports and recovered higher, including ethereum, XRP, litecoin, bitcoin…
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