Bitcoin tries and fails to hold the $9.5K mark, still preserving the recent 30% gains it sealed in its sudden uptick which began on Friday last week. Bitcoin price (BTC) was challenging $9,500 on Oct. 29 as the largest cryptocurrency preserved its higher levels after a bullish breakout over the weekend. Cryptocurrency market daily overview.…
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With the increase in popularity of staking, Binance Research finds that, once Ethereum (ETH) joins the game, the volume of staking activity will see more than a double-digit rise. The market research and analysis arm of major cryptocurrency exchange Binance came out with their latest report on October 28th, in which they discuss staking in…
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Can the U.K. draw inspiration from the UAE and China to regulate cryptos instead of banning them? FCA decides. Since the days of the British Empire, the United Kingdom has been one of the world’s largest and most influential economic powerhouses. Even though its financial control over the world has substantially decreased, the country is…
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Worldwide Google searches for “Bitcoin” have hit the highest level in three months, suggesting an overall shift in market sentiment as China supports blockchain. Worldwide Google searches for “Bitcoin” (BTC) — currently worth $9,400 — are now near a three-month high, according to Google Trends. Current interest is at the highest level since early August,…
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An executive of a major Chinese economics think tank said that China will be the first country to successfully roll out a national digital currency. An executive at a Chinese economics think tank has said that China’s central bank will be the first to launch a digital currency successfully. According to Chinese tech news outlet…
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Sudden change at the top of the mining giant appears unexpected, with fellow co-founder Jihan Wu threatening staff who do not shun Micree Ketuan Zhan immediately. Altcoin Bitcoin Cash (BCH) has surged 10% in the past 24 hours after it emerged mining giant and major supporter Bitmain had fired a senior executive. Wu to staff:…
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An SEC document reveals that major cryptocurrency exchange Binance received a $250,000 “long-term payment” to list Blockstack. A United States Securities and Exchange Commission (SEC) filing reveals that major cryptocurrency exchange Binance received a $250,000 “long-term payment” to keep Blockstack (STX) listed for one year. Blockstack’s SEC filing reveals that Binance received 833,333 STX, which…
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Binance’s latest research report has argued that with Ethereum’s pending switch to proof-of-stake in January, staking is set to have a major impact on the industry. Binance’s latest research report has argued that with Ethereum’s pending switch to proof-of-stake (PoS), staking is set to have a major impact on the industry. The report, published on…
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After China announced its new focus on the blockchain technology last week, South Korea follows suit with additional investments. The country’s government will invest some USD 12.8 million in blockchain projects in 2020, the Ministry of Science and ICT has confirmed. Per Fn News, the ministry has outlined a range of spending plans it hopes…
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As excitement continues around the country’s sudden endorsement of blockchain, the local press reportedly seeks to dampen hopes of a reversal of its crypto ban. China should embrace blockchain technology but not “speculate” about cryptocurrencies such as Bitcoin (BTC), state media claim. State newspaper: “We must remain rational” As Reuters reported on Oct. 29 quoting…
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