Alex Mashinsky. Source: a video screenshot, Youtube, Kitco NEWS Both bitcoin (BTC) and gold will benefit massively from the current “inflation of money,” the CEO of a major crypto company predicts, while also admitting that he believes people should still own more gold than bitcoin. The advice to savers worried about the unprecedented money printing…
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Cryptocurrency is gaining popularity fast in Africa, where a new report claims young people are disillusioned with the conventional financial system and are poised to turn to bitcoin (BTC) and altcoins to power their financial future. The report was co-produced by Arcane Research and the cryptocurrency trading platform Luno, which is looking to expand its…
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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. Adoption news The Chinese communist party has published a new book about digital currencies designed to educate party members on the finer details of blockchain-powered finance. The book, per media Read…
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The first three months of 2020 saw more bitcoin (BTC) sent by darknet entities to mixers, and less to verification-required exchanges, found Crystal Blockchain, a research arm of blockchain technology group Bitfury, indicating shady or criminal characters’ preference for anonymous services. Due in part to the mass adoption of BTC, its popularity and ease of…
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50 bitcoins (BTC) (USD 477,500), minted in the first month of Bitcoin’s existence and untouched for more than 11 years were moved today, prompting a wave of speculations that Satoshi Nakamoto "has awakened." However, multiple industry players denied that these coins were moved by Bitcoin’s creator. Here is the transaction: However, Jameson Lopp, CTO at…
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Bitcoin price remained below the key USD 9,950 and USD 10,000 resistance levels. On the downside, there is a major support forming near the USD 9,550 level. Therefore, BTC seems to be preparing the next break either above USD 10,000 or towards USD 9,000. Similarly, most major altcoins are likely preparing for the next key…
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SatoshiLabs, the manufacturer of the Trezor hardware wallet, has announced a new initiative, dubbed ‘Tropic Square’, the goal of which is to create open-source chips. Tropic Square stands for ‘TRuly OPen IC,’ and is a new company built by SatoshiLabs founders Pavol Rusnák and Marek Palatinus, joined by CEO Evžen Englberth and Chief Technology Officer…
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Starting today, mining Bitcoin (BTC) has become easier than in the end of April. On Wednesday morning (UTC time), BTC mining difficulty, a measure showing how hard it is to compete for mining rewards, dropped by 6%, to 15.14 T, while a week ago, some analysts estimated a c. 2% drop. In April, difficulty increased…
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Source: Adobe/Яна Василевская With Bitcoin (BTC) fees reaching new highs this year, the hammer that could knock it back down may be the imminent mining difficulty adjustment. As reported, both Bitcoin and Ethereum (ETH) fees have been on the rise in the past week. According to Bitinfocharts.com, the average transaction fee made another jump, reaching…
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Bitcoin price started a downside correction after it failed to clear the USD 9,500 and USD 10,000 resistance levels. BTC/USD traded below the USD 9,850 support and tested USD 9,550. The price is currently (09:00 UTC) stuck in a range and seems to be facing a strong resistance near USD 10,000. Looking at most major…
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