Bitcoin price rebounded above $8,000, looking to test new highs in 2020 and break a 7-month downtrend with 5 months to go before the halving. The price of Bitcoin (BTC) broke out of a 2-month range and rallied to $8,400 during this week. However, the price couldn’t break out of the downtrend and is stuck…
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Proof of Stake has become fashionable. Towards the tail end of 2019, a growing number of crypto-exchanges and platforms added support for proof-of-stake (PoS) tokens, as well as for staking services that invest PoS crypto on the behalf of users. At the same time, the number of proof-of-stake digital assets grew, as did the amount…
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Fintech and blockchain developer Ant Financial, an affiliate of e-commerce giant Alibaba, has been ranked the fifth most valuable private firm in China. Fintech and blockchain developer Ant Financial, an affiliate of e-commerce giant Alibaba, has been ranked the fifth most valuable private firm in China. In an inaugural rankings report by Hurun, which is…
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New documents reveal Kik is pushing to set a trial date for its SEC lawsuit, which may be scheduled for some time in the second half of 2020. Kik Interactive Inc. requested the formal definition of a trial date for its lawsuit with the United States Securities and Exchange Commission (SEC), as revealed by a…
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According to sources quoted in local media, the country’s finance regulator wants to further shore up the exchange industry against crypto volatility. Bitcoin (BTC) and cryptocurrency exchanges in Japan will face significant restrictions on margin trading as soon as this Spring, according to reports. Referencing sources at Japan’s finance regulator, the Financial Services Agency (FSA),…
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This week saw BTC rally above USD 8K, while altcoins dropped, and BitPay CCO said that BTC will surpass USD 20K, but with a surprise. While more altcoins are expected to be integrated by mining pools, the ousted co-founder of Bitmain made a legal move to dethrone Jihan Wu. Telegram confirmed that its TON Wallet…
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Telegram lawyers say a review of its bank records’ data-privacy compliance could take months to prepare due to its multi-jurisdictional nature. Lawyers representing the messenger giant Telegram have stated that a review of financial records requested by the United States Securities and Exchange Commission (SEC) will take five to seven weeks to prepare. In a…
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U.S. lawmakers have appealed to the Federal Communications Commission to hold telecoms providers to account for their complicity in SIM swap attacks. United States lawmakers have appealed to the Federal Communications Commission (FCC) to hold telecoms providers to account for failing to protect consumers against SIM swap attacks. SIM-swapping — alternatively known as a port-out…
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The bounce off the first support levels on most major cryptocurrencies indicates a possible change in trend. Safe haven assets were dumped on Jan. 8, on reports that the US-Iran conflict might not escalate to an all out war. Cryptocurrencies, which had surged alongside gold and oil with also retreated from two-month high. However, the…
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A review of Bitcoin futures volumes in the week prior to the launch of options reveals “high anticipation,” according to a note from the bank’s analysts. The United States’ largest bank believes interest will be high in CME Group’s new Bitcoin (BTC) options when they launch on Jan. 13. In a note from Jan. 10…
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