Jeremy Allaire. Source: a video screenshot, Youtube, IMF Major crypto financial services firm behind the USD Coin (USDC) stablecoin, Circle , intensifies competition in the stablecoin market as the company estimates mass crypto adoption in 2-3 years. In the meantime, USDC trading volume has already jumped 954% this year. Circle’s 2020 will be all about…
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American blockchain and software development firm Orchid Labs has launched its privacy network alongside its native token OXT. American blockchain and software development firm Orchid Labs has launched its privacy network alongside its native token OXT. According to a blog post on Dec. 16, Orchid’s digital currency OXT was immediately available for trading on major…
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Australia’s former Minister for Broadband, Communications and the Digital Economy has become chairman of the advisory board for an insurance-focused blockchain firm. Australia’s former Minister for Broadband, Communications and the Digital Economy has become chairman of the advisory board for an insurance-focused blockchain firm. Stephen Conroy — an Australian Labor Party Senate member from 1996–2016…
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Commenting on cryptocurrency policy, a Federal Reserve governor highlighted a single study claiming thata only half of Bitcoin payments are above board. A member of the United States Federal Reserve’s board of governors appears to believe that one in four people who use Bitcoin (BTC) are criminals. In a panel speech honoring Benoît Coeuré, a…
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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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Greta Thunberg. Source: a video screenshot, Youtube, PBS NewsHour Tron’s Justin Sun has sparked a Twitter storm by publicly committing USD 1 million to climate change activist Greta Thunberg’s cause. Sun was writing in the wake of the recent UN-led COP25 climate conference, which concluded recently in Madrid – leaving activists dismayed at the lack…
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The second day of severe losses sees BTC/USD break seven-month lows in a volatile period many are comparing to the bear market trough in December 2018. Bitcoin (BTC) fell below $6,500 on Dec. 18 in what is rapidly becoming a pivotal day for transaction analysis. Cryptocurrency market daily overview. Source: Coin360 Long “squeeze up” could…
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A Chinese cryptocurrency fitness app has reportedly been placed under investigation for allegedly illegal fundraising practices and financial fraud. A Chinese cryptocurrency fitness app has reportedly been placed under investigation for allegedly illegal fundraising practices and financial fraud. Nikkei Asian Review reported the news on Dec. 18, citing documents ostensibly accessed by its affiliate publication,…
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As a major crypto company warned that their users will not be able to receive funds to their Bitcoin Satoshi’s Vision (BSV) wallets due to the coin’s hard fork in February 2020, people online wonder if the project is sabotaging itself. Digital asset custody company BitGo said that this comes as a result of the…
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Craig Wright. Source: a video screenshot, Youtybe, CoinGeek Craig Wright, the controversial Australian computer scientist and supporter of Bitcoin SV (BSV), ‘is not the victim here,’ claims the latest court filing from David Kleiman’s estate, as Wright is trying to dodge the sanctions order which would force him to hand over billions of dollars’ worth…
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