Bitcoin (BTC) mining difficulty hit yet another all-time high (ATH) today, less than a month after the previous one, cutting into the decreasing profit margins of miners. … Read More: Bitcoin Mining Difficulty Hits Another All-Time High while BTC Trends Lower Read more »Pay, Trade, Buy Bitcoin with Credit Card
The Central African Republic (CAR) has seemingly confirmed reports that it has adopted bitcoin (BTC) as legal tender – becoming only the second country in the world and the first African nation to do so. Per reports from the French media outlets AFP and RFI, as well as Le Figaro, the CAR’s presidential offices confirmed…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Bitcoin & Gold ETP, Decentralized Autonomous Billions, Bybit’s Options + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Around USD 70bn is traded in the bitcoin (BTC) market every day, meaning that the market is too large for any single actor to manipulate, crypto hedge fund Pantera Capital’s CEO Dan Morehead said, explaining his firm’s strategy of focusing on altcoin investing…. Read More: ‘Nobody Big Enough’ to Manipulate Bitcoin, but Altcoins Offer…
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A lot rests on the U.S. dollar cooling its bull run and fast, Michaël van de Poppe says, with Bitcoin’s upside potential still impressive. Bitcoin (BTC) remains a slave of the U.S. dollar on April 27 as the greenback spells fresh misery for risk assets across the board. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView…
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Dragonfly, a well-established figure within the venture capital scene, will utilize the capital to invest in early- to mid-term projects within the crypto ecosystem. Dragonfly Capital, a prominent venture capital corporation operating in the cryptocurrency sector, has announced its third funding round, valued at $650 million. The figure surpasses its two prior rounds of $100 million…
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Holding BTC price below $39,000 will give bears a $350 million profit in this week’s $1.9 billion options expiry. Up until April 25, Bitcoin (BTC) bulls had been defending the $38,000 level, but bulls were caught off-guard by the recent drop. As Bitcoin plunged from $46,700 to $37,700 between April 5 and 26, most of…
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In remarks that appear to pour cold water on assertions that digital currencies will topple the U.S. dollar anytime soon, a former governor of the Chinese central bank, Zhou Xiaochuan, insisted the greenback will remain in its position as the global reserve currency. Xiaochuan said the dollar still “has great inertia.” Process to Change Role…
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CEO Michael Sonnenshein said the firm’s European rollout would be done piecemeal due to various regulatory regimes and investor attitudes. Digital asset manager Grayscale Investments is planning to expand its product offerings into Europe to tap into growing institutional demand for cryptocurrencies in the region, CEO Michael Sonnenshein confirmed Tuesday. In an interview with Bloomberg,…
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Following a brief rally on Tuesday, BTC once again dropped below the $40,000 level during today’s session. Wednesday’s selloff has seen prices fall by as much as 4%, whilst ETH also declined by the same amount. Bitcoin The world’s largest cryptocurrency moved lower on Wednesday, following a brief rally during yesterday’s trading session. Following a…
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