The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, is set to open a cryptocurrency exchange, according to a report from The Logic. The media outlet claims it has learned that the RBC wants to allow customers to trade in cryptocurrencies such as Bitcoin and Ethereum for investment purposes, as well as providing…
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Vitalik Buterin. In a few years, perhaps Bitcoin (BTC) fans will think better of the proof-of-stake (PoS) consensus mechanism, finds Vitalik Buterin, co-founder of Ethereum (ETH). In an interview at the ETHWaterloo 2, an Ethereum Blockchain Hackathon organized by the core ETHGlobal team and volunteers last week, Buterin shared, entering “a joyful heretic mode,” Read…
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Today, giant-backed crypto trading platform Bakkt opened its Bakkt Warehouse, a qualified custodian of bitcoin, to all institutions around the world. “A critical link — perhaps the critical link — in the institutional adoption of bitcoin is custody. When investors have ready access to regulated custodians whose security and processes they trust, the full Read…
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Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Mining news After seven increases in a row, the Bitcoin mining difficulty dropped by 7.1% on November 8 and is estimated to decrease by another 5% in 10 days…
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Almost 50% of surveyed financial professionals think that, over the course of the next year, Bitcoin (BTC) will outperform a popular stock market index, S&P 500. And while many of them still avoid cryptocurrencies, majority believe there will be a global digital currency in the next decade. Crypto volatility is not killing the crypto industry…
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389 East 89th Street. A New York City-based real estate owner and developer sold a retail condo in Manhattan’s Upper East Side for bitcoin (BTC). Ben Shaoul, the president of Magnum Real Estate Group, a residential real estate development and management company, has sold a retail condo for USD 15.3 million in bitcoin, The Real…
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Source: iStock/hocus-focus Though Bitcoin (BTC) started this Friday with a smaller drop in its price, in a sudden move in the afternoon hours (UTC time), bitcoin price dropped by 2.4% in less than two hours – which was enough to push it below USD 9,000. Additionally, altcoins turned red. While BTC was trading sideways for…
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Changes in China’s Bitcoin (BTC) mining policy are not accidental, and competition in the global mining sector might become more intense, says an analyst at Beijing-based token data and rating agency TokenInsight. Moreover, the recent major crypto move by Hong Kong might also increase competition in the local cryptocurrency trading market, he added. It’s a…
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In the past few sessions, bitcoin price declined below the USD 9,350 and USD 9,250 support levels. BTC/USD is now trading below USD 9,150 and it seems like it could continue to slide towards the USD 9,000 and USD 8,850 support levels. Similarly, altcoins started a fresh decline below key supports, including ethereum, XRP, bitcoin…
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Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Adoption news The Bitcoin ecosystem is maturing in all aspects of its economy, in particular in deposit banking, insurance, lending and derivatives, and early forms of life insurance, Bitcoin…
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