Bitcoin (BTC) miners have been hodling more for several weeks now, as the price holds above the USD 9,000 mark. Meanwhile, BTC mining might become more difficult in a week. It seems that at the time when more Bitcoin miners have been turning their machines on, increasing hashrate, or the computational power of the network,…
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Crypto payments for travel bookings just got another option as the crypto-friendly travel booking service Travala.com integrated hotels offered by booking giant Expedia on its site. The site’s users will be able to book hotels and accommodations from Expedia through Travala.com’s platform, using an API offered by Expedia Partner Solutions (EPS), one of the brands…
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More South Korean conventional finance firms are set to follow Nonghyup (NH Bank) into the cryptoasset industry, say experts, academics, and industry insiders – who think regulators may offer banks safe passage into the crypto sector. As reported earlier this week, NH has announced it will begin crypto custody services for industrial investors, and is…
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Bitcoin (BTC) may be due for yet another price rally fuelled by a recent increase in on-chain activity on the network, according to a new report from Singapore-based cryptoasset management firm Stack Funds. The firm explained that it is a strong rise seen in the 90-day “percentage of Bitcoin active supply versus current supply” that…
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US-based multibillion investment manager Horizon Kinetics (HK) just doubled down on its Bitcoin (BTC) mining strategy. After tripling the number of miners it hosts with Core Scientific (CS), a US-based blockchain hosting provider, HK has now agreed to upgrade the miners to the Antminer S19 and S19 Pro models manufactured by Bitmain, CS said in…
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Yesterday, bitcoin price traded with a positive bias and was positioned for an upside break towards the USD 9,550 resistance. However, BTC failed to gain bullish momentum above the USD 9,300 resistance, and it declined below USD 9,200 and USD 9,000 before correcting higher. Similarly, there was a bearish reaction in most major altcoins, including…
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A Russian court has denied a claimant the right to reclaim almos BTC 100 (USD 920,000), stating that crypto has no legal value – meaning courts are powerless to enforce property rights. Per a Telegram post from the district court’s press office, in Russia’s second-largest city, St. Petersburg, a judge ruled that bitcoins and other…
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Crypto owners in Austria have been offered another opportunity to spend their cryptocurrencies throughout the country. Austrian fintech firm Salamantex has announced that their Crypto Payment Service Software has been integrated into the A1 Payment, a service by one of Austria’s biggest mobile network operators, A1. There are more than 2,500 potential points of Read…
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This is our 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 Major crypto payments company BitPay added support for SegWit in their wallet as an optional feature, and enhanced integration with Coinbase to enable users to directly manage their Coinbase…
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Despite all the talk of financial institutions entering bitcoin (BTC), retail demand may in fact end up consuming more than half of all physical supply of bitcoin after the next halving, a new report by crypto derivatives exchange Zubr said. According to the report, which analyzed data from analytics provider Chainalysis, Bitcoin’s next halving, which…
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