Source: a video screenshot, Youtube/ARIRANG NEWS With cities under water, billions in damages already reported, and the amount of flooding that China hasn’t seen in years putting an increasing pressure on the world’s largest hydropower station, there is reasonable concern that mining facilities are in danger as well – in the country that hosts the…
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Source: a screenshot, Instagram/navalny Russian “anti-corruption” political activist Alexei Navalny’s support organization has amassed USD 3.3 m worth of bitcoin (BTC) in donations, per a new report. Navalny is known as one of President Vladimir Putin’s most vociferous critics and his Shtab Navalny organization claims to “conduct investigations, fight for the environment, nominate Read more…
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Bitcoin’s (BTC) pseudonymous creator Satoshi Nakamoto may have mined more than 1 million bitcoin in the early days of the cryptocurrency, according to analysts at crypto transaction tracker Whale Alert. The early Bitcoin miner known as Patoshi mined BT 1,125,150 during BTC’s infancy, when Patoshi controlled “a constant 60%” of the network’s processing power, Read…
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Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin. Wirecard chief operating officer Jan Marsalek reportedly used Bitcoin (BTC) to move funds from Dubai to Russia. Russian media outlet Kommersant reported on July 20 that Marsalek is hiding in Russia with funds that he…
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Bitcoin price remained well bid above the USD 9,050 and USD 9,000. BTC formed a strong support base above USD 9,000 and it recently started a steady rise. It broke the USD 9,200 pivot level and it is currently (08:30 UTC) trading above the main USD 9,300 resistance zone. Similarly, most major altcoins are showing…
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The investment arm of a new company operated by the creators of derivatives platform BitMEX, has spearheaded a USD 3.4-million cash injection in VALR, one of Africa’s biggest crypto exchanges. Per a press release shared with Cryptonews.com, the Series A equity round of funding in the VALR exchange was led by 100x Ventures, the investment…
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The South Korean government is reportedly set to unveil further details about its plans to introduce tax for cryptoasset holders. Per an unsourced report by SBS CNBC, Seoul will unveil a document outlining its proposals in a Tax Law Amendment bill – to be unveiled on July 22. The bill will seek to impose taxes…
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Source: iStock/da-kuk After last week’s jump towards the positive zone, crypto market sentiment score (sentscore) took a step away from that level. The combined moving 7-day average sentscore for the top 10 coins now stands at 5.45, compared to 5.77/10 seven days ago – but still being higher than 4.92 recorded two weeks ago. The…
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Source: Adobe/Татьяна Палладина Bitcoin (BTC) hashrate, or the computational power of the Bitcoin network, could rise 120% in a year, but the price of the coin needs to follow so that the profitability for miners wouldn’t drop, according to a recent research. In their latest report, commissioned by Fidelity Center for Applied Technology (the R&D…
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The partnership announcement between the payments giant PayPal and the issuer of the major stablecoin Paxos Standard Token (PAX) might reportedly be made this week. PayPal is planning to bring crypto trading to its user base and has chosen New York-based Paxos to handle the new service’s supply of digital assets, reported CoinDesk, citing "two…
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