A successful bitcoin (BTC)-funded campaign to build and equip a coronavirus-fighting medical facility near Rome, run jointly by the Italian Red Cross, has wrapped up – with the center now up and running. The campaign saw what the Italian Red Cross has called a “second-level Advanced Medical Post for pre-triage” created in Castel Gandolfo, a…
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In the past few sessions, bitcoin price traded in a range below the USD 7,400 and USD 7,550 resistance levels. BTC/USD remained well bid above USD 7,120 and it seems like the bulls are eyeing a crucial upside break above USD 7,400 in the coming sessions. Similarly, most major altcoins are trading above key uptrend…
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As Bitcoin (BTC) is approaching its third mining reward halving, opinions still remain largely divided on how this event will affect BTC price. A small poll of 750 Bitcoiners on March 17 showed that half of the respondents believed that the price of bitcoin would increase over the next 1 to 3 months or over…
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Mike Novogratz. 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 U.S.-based cryptocurrency lending startup BlockFi has brought on Singaporean hedge fund Three Arrows Capital as a strategic investor to the company, said Read more »Pay, Trade,…
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The Polish government has come under fire for introducing coronavirus-mitigating legislation that includes suspending a new 1% civil law transactions tax (PCC) on crypto purchases and sales. A number of opposition politicians have criticized the government, claiming there are other groups besides crypto traders that are currently in need of more urgent support. Read more…
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While, two weeks ago, it was estimated that Bitcoin (BTC) mining difficulty might drop by 16%, it just went up 5.77 % today, as more miners turned their machines on in the past two weeks. (Updated at 09:10 UTC: the second paragraph has been updated.) The mining difficulty (used as a measure for how hard…
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After a strong rally, bitcoin price faced hurdles near the USD 7,550 resistance. As a result, there was a downside correction below USD 7,400, but the price remained well bid above USD 7,000. It is currently (08:30 UTC) rising and trading above key uptrend supports such as USD 7,120 and USD 7,000. Similarly, dips in…
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Trading in the over-the-counter (OTC) market for cryptoassets may not be as easy as it seems these days, a new report suggests, claiming that some market makers simply left traders to themselves when they were needed the most. According to the report, published by London-based cryptoasset liquidity provider B2C2, some OTC brokers not only increased…
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In the past few sessions, there was a sharp rise in bitcoin price above the USD 7,000 resistance area. BTC/USD surpassed the USD 7,250 resistance area and it is now (08:30 UTC) trading in an uptrend. The next hurdles on the upside are near USD 7,550, USD 7,650 and USD 7,800. Also, almost all major…
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Despite a significant rally in the price of both bitcoin and other major cryptoassets since the market crash on March 12, uncertainty still looms in both the crypto market and the broader financial market about the impact of COVID-19 and the economic downturn that comes with it. Although the US stock markets have seen a…
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