Yesterday, we saw a sharp rise in bitcoin price above the main USD 6,850 resistance. BTC/USD even surged above the USD 7,000 barrier, but it struggled to surpass the USD 7,200 resistance. It is currently (08:30 UTC) consolidating gains above the USD 7,000 and USD 6,850 support levels. Also, there were strong moves in most…
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Bitcoin payment processor BTCPay Server has added support for Pay to Endpoint (P2EP), a result of a workshop organized by Blockstream, a major, Canada-based blockchain company. As Blockstream explains in their blog post, P2EP, aka PayJoin, is a special type of Coin Join, a method for combining multiple bitcoin (BTC) payments into a single transaction…
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The current macroeconomic backdrop has never been more conducive for “a non-sovereign, censorship-resistant, provably scarce digital asset,” Kevin Kelly, Co-founder of crypto research boutique Delphi Digital, believes. In an analysis piece in eToro’s latest quarterly The State of Digital Assets report, he admitted that the recent drawdown in bitcoin (BTC) prices has Read more »Pay,…
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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. Investment news Major digital asset manager Grayscale Investments said it raised USD 503.7 million in 1Q20, nearly double the previous quarterly high of USD 254.8 in 3Q19. New investors accounted for…
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Source: Adobe/Наталья Самбулова The crypto community has once again been drawn into a heated online discussion about which price model – if any – most accurately predicts movements in bitcoin (BTC) prices. An asset manager has sparked the latest debate by championing the so-called rainbow chart, saying that it “takes the simplest approach,” while doing…
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What is it that the Cryptoverse needs to do exactly to see the mass adoption of cryptocurrencies? According to the participants of a survey, there are some major barriers to crypto adoption, and these include the understanding of crypto, its security, lack of options to use it, and complicated buying system. Crypto.com and The Economist…
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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. Investment news Atomic Loans, a provider of non-custodial bitcoin (BTC)-backed loans, has raised a USD 2.45 million seed round, led by Initialized Capital, with participation from ConsenSys, Morgan Creek Read more…
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With the much-anticipated bitcoin (BTC) halving now less than a month away, more traders are placing bearish bets on the price of the number one cryptocurrency, signaling some degree of doubt as to how enthusiastically the event will really be received by the market. The bets, known in trader circles as put options, have risen…
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Mark Cuban. Source: a video screenshot, Youtube, The Filmy Outspoken American billionaire Mark Cuban has stated that he could change his stance on bitcoin (BTC) if it could become more user-friendly – and if the cryptocurrency could somehow shrug off what he called a reliance on fiat currencies. Mark Cuban, who owns the Dallas Mavericks…
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Source: Adobe/sergey_p While the correlation between bitcoin (BTC) and gold could be "slightly" increasing but still remaining weak overall, that between BTC and the S&P 500 stock market index is unlikely to remain high in the long run, says crypto market analysis firm Coin Metrics. To look deeper into what’s been going on: while testing…
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