The move from fiat currencies to new central bank digital currencies appears to be gaining traction, as one of Europe’s biggest central banks admitted that (unspecified) parts of Bitcoin’s underlying technology could be used in creating a new type of currency. The paper, which was written by the Dutch National Bank (DNB) and titled Digital…
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A Japanese analyst says that institutional investors are growing increasingly crypto-keen – and believes that the coronavirus pandemic will only serve to heighten their interest. Per Fisco, via Gentosha, popular Japanese blockchain and crypto author and analyst Tetsuyuki Oishi says that pre-coronavirus investment figures from brokers dealing in crypto funds show interest Read more »Pay,…
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Bitcoin (BTC) mining difficulty just saw its biggest rise in six months and it’s estimated it’ll reach an all-time high in two weeks. Bitcoin mining difficulty, a measure showing how hard it is to compete for mining rewards, just went through another adjustment, and the numbers were close to what was estimated yesterday, but still…
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While some analysts now point out that bitcoin (BTC) is looking somewhat weak from a charting standpoint, others are painting a bullish picture for bitcoin, with lower bond yields and a weak stock market, leading investors to look for alternatives outside of the financial system. Among the many analysts who point to the current economic…
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After struggling to surpass the USD 7,200 resistance, bitcoin price started a downside correction. BTC/USD broke the USD 7,000 support and it is currently struggling to stay above USD 6,850. Any further losses may perhaps push the price towards the key USD 6,550 support zone. Similarly, there was a corrective decrease in most major altcoins,…
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Have internet users uncovered the young Satoshi Nakamoto – developing the concepts he would later immortalize forever in the Bitcoin (BTC) white paper? The white paper was published in October 2008, but internet users appear to have recently unearthed a post on the Cypherpunks cryptography forum dating back to September 19, 1999. In the post,…
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This past week, there was a steady increase in bitcoin price above the USD 6,850 resistance area. BTC/USD even surpassed the USD 7,000 level, but it struggled to accelerate above the USD 7,200 resistance area. It is currently (08:30 UTC) consolidating gains and likely preparing for a fresh increase above USD 7,200 and USD 7,250.…
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After a historic crash in March and partial recovery, Bitcoin (BTC) mining difficulty is set to see its biggest jump since mid-September last year, threatening to push more miners out of the market less than three weeks before the BTC mining reward halving. Another mining difficulty adjustment is expected to happen tomorrow, April 21. As…
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Bitcoin company Purse will close its doors six years after its launch, and a theory is that e-commerce giant Amazon’s recent commission rates slashes are behind it. Purse – a company that enabled a savings options with up to 5% discounts on Amazon, allowing Amazon gift card holders to complete somebody’s purchase in return for…
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With the stablecoin market remaining at record-high levels for well over a month, more analysts are taking it as a sign that crypto traders have not given up on higher prices, but are simply waiting for an opportunity to enter bitcoin and other digital assets once again. As reported, many crypto investors sought refuge in…
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