Norwegian, the low-cost air carrier headquartered in Oslo, Norway, is set to allow customers to pay for air tickets using cryptocurrency within the year and hopes it will help to improve results of the company, an interview with the CEO of crypto exchange Norwegian Block Exchange (NBX) suggests. In the interview, published by local business…
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The New York-based hedge fund Fortress Investment Group has upped its offer as it looks to buy up creditor claims from Mt. Gox, the cryptocurrency exchange that monumentally collapsed in 2014, leaving thousands of bitcoin (BTC)-holding customers out of pocket. Per Bloomberg, the hedge fund has made its decision “in the wake of this year’s…
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Following a sharp drop in the bitcoin (BTC) price on Wednesday that brought the price of the asset down by almost USD 1,000 in less than an hour, the market still has no clear answer what caused the drop. As noticed by cryptoasset analyst at ARK Invest Yassine Elmandjra, yesterday’s drop marks the fifth largest…
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After forming a support base above USD 9,650, bitcoin started a strong increase. BTC/USD surged above the USD 9,850 and USD 10,000 resistance levels to enter a positive zone. The price is now (09:00 UTC) consolidating gains and it could continue to rise towards USD 10,400 and USD 10,550. Similarly, there were strong gains in…
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Source: iStock/Ivan-balvan Just as the crypto market sees the first signs of a recovery after the weekend sell-off, several major cryptoassets are showing a highly bullish signal in their charts in the form of a so-called “golden cross.” At the time of writing (8:50 UTC), a golden cross has formed in seven out of the…
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We may have just seen the tip of the iceberg in terms of volatility to come this quarter, two new reports suggest, while leaving the door open for the possibility that lower volatility could be a new normal for the bitcoin (BTC) market. According to the January 2020 Volatility Report from the U.S.-based crypto exchange…
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Recently, there was a downside extension below the USD 9,650 support, but bitcoin found support near USD 9,550 and USD 9,500. As a result, it started a short term recovery above USD 9,700 and it is currently (09:00 UTC) consolidating below the USD 9,850 resistance area. On the other hand, many major altcoins started a…
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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 Payment solutions provider Ingenico has teamed up with Austrian fintech firm Salamantex to release a new POS terminal solution that will allow merchants to process “digital currencies Read more…
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Source: iStock/Marie-Elizabeth Mali After a highly volatile weekend in the bitcoin (BTC) market, news came out on Sunday that a large trader on the popular crypto exchange Bitfinex may have raked in USD 9 million in a matter of minutes as the BTC price dropped. Judging from a screenshot of the Bitfinex leaderboard posted to…
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Bitcoin started the week on a bearish note and declined below a few key supports near USD 10,200 and USD 10,000. BTC/USD even declined below USD 9,850 before it found support near the USD 9,650 area. It is currently (09:00 UTC) consolidating above USD 9,650 and facing a strong increase in selling interest. More importantly,…
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