After the first wave of selling hit both bitcoin (BTC) and the stock markets before the weekend, round two for the bears may be about to kick in as the new week begins in the red for both markets again. As of press time on Monday morning (09:19 UTC), bitcoin was down by 3% over…
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The American Department of Defense played out a wargame scenario that saw Generation Zers try to overthrow the powers-that-be, using bitcoin (BTC) and hacking skills to fund an ambitious anarchist coup. Per media outlet The Intercept, Pentagon documents show that defense chiefs decided to test out American preparedness in the event of a Gen Z…
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After multiple failures to clear the USD 9,850 and USD 10,000 resistance levels, bitcoin price reacted to the downside. BTC broke many important supports near USD 9,550 and declined close to 7%. It tested the USD 9,050 support zone and currently (08:30 UTC) correcting higher. Similarly, most major altcoins started a strong bearish wave, including…
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If everything goes as estimated, miners are about to experience the rise in Bitcoin (BTC) mining difficulty not seen since September last year, as more mining machines are back to work, increasing security of the network. The next Bitcoin mining difficulty adjustment is expected to happen in around four days, when this measure that shows…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crypto adoption news The Venezuelan government says that 15% of fuel payments at petrol stations were made in petro (PTR) in the first week of the government’s new plan to promote…
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As bitcoin (BTC) is continuing to struggle with breaking through the USD 10,000 level, a large move “in either direction” is more likely in the second half of the year, according to Arthur Hayes, CEO of crypto derivatives exchange BitMEX. Which way it’ll go depends also on millennials’ decision on where to invest some of…
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As previously warned by experts, India’s fight for crypto wasn’t over with the Supreme Court’s overruling of the 2018 banking ban. The process of the possible crypto ban is allegedly still ongoing and industry players are being now called to "engage constructively." India’s Ministry of Finance is now inviting other ministries to discuss its earlier…
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After a day of heavy selling in both stocks and the crypto market yesterday, yet another rise in correlations between the stock market and bitcoin (BTC) has caught traders’ attention. As of press time on Friday morning (08:33 UTC), bitcoin was down by 3% over the past 24 hours to trade at a price of…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Estonian regulators worried that crypto-related firms are using their local credentials to help commit fraud elsewhere have stripped more than 500 — around a third of total — of…
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Visualization by Layer1. Bitcoin (BTC) is proving to be not only a monetary technology, as entrepreneurs find new applications in an increasing number of areas. This week, Brandon Arvanaghi, Layer1 Technologies Chief Security Officer (CSO), explained how Bitcoin is used to stabilize electrical grids that heavily rely on renewable energy sources, while Microsoft went live…
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