The Intercontinental Exchange (ICE)-backed Bitcoin futures trading platform Bakkt has found its new leaders inside the company. ICE announced today that it has appointed Mike Blandina as CEO of Bakkt, as well as Adam White as its President, starting December 20. This comes after founding CEO Kelly Loeffler departed the company as she has been…
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This week, bitcoin price started a solid upward move above the USD 7,350 resistance. BTC/USD gained bullish momentum and surged above the USD 7,550 resistance. The upward move faced sellers near USD 7,650 and the price is currently (09:00 UTC) correcting gains. Similarly, many major altcoins are started a slow and steady recovery, including ethereum,…
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Double-spending an average Bitcoin (BTC) transaction is not profitable and, though exchanges and merchants often require it, sending some sats may not in fact need six confirmations – according to calculations by two mathematicians. For an average transaction, only one or two confirmations (in theory, it would take c. 20 minutes) are needed to be…
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Bitcoin (BTC) is set for a 2020 price surge that will see it go past the USD 20,000 mark, per a new report, with fees to exceed USD 100. In its annual State of Crypto report, investment company Blockchain Capital has made eleven “bold” predictions for the upcoming year. The company says we might see…
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In the past few sessions, there was a decent improvement in the crypto market sentiment as bitcoin price climbed back above USD 7,000. BTC/USD even tested the USD 7,450 and USD 7,500 resistance levels. The price is currently (09:00 UTC) consolidating above USD 7,000 and it could start a fresh increase. Likewise, most major altcoins,…
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Mark Karpeles, the former CEO of Mt. Gox. U.S. private equity and hedge fund firm Fortress Investment Group is intensifying efforts to take over creditor claims from the defunct cryptocurrency exchange Mt. Gox. Earlier this month, the New York-based company sent letters to the exchange’s creditors, offering to buy up their claims, but at 70%…
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This week, we saw a bearish extension in bitcoin price below the USD 7,000 and USD 6,850 support area. However, the USD 6,550 support area acted as a strong buy zone, resulting in a sharp recovery in BTC/USD. The price surged close to USD 1,000 and climbed above many hurdles including USD 7,000. Similarly, there…
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Despite a recent rally against USD, majority of the top 100 altcoins are in red against bitcoin (BTC) today. Also, the bitcoin dominance, or the percentage of the total market capitalization, increased to almost 68% and is at a three-month high. In the top 10, only EOS (EOS) has registered gains against BTC while in…
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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 news outlet CNN told its multi million audience that Bitcoin (BTC) is the best investment of the decade. “According to a recent report by Bank of America Securities,…
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This week, bitcoin price faced a strong rise in selling pressure below USD 7,000. As a result, BTC/USD even failed to stay above the USD 6,850 support. Recently, the price declined below USD 6,650 and tested the USD 6,550 support area. Similarly, there were heavy downsides in most major altcoins, including ethereum, XRP, bitcoin cash,…
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