Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. ________ Virtual currencies are no longer a novelty. They are used all over the world and traded on Forex. Aside from the profit-making potential, virtual coins are still linked to assorted safety threats. Unless you are security-conscious, trading digital coins…
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Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Blockchain news The European Commission is looking for solutions that drive innovation and adapt technologies for civil and defense purposes, including blockchain concepts. Per a European Defense Industrial Read more »Pay,…
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Sentiment analysis and week-to-date returns show investors’ confidence in the ‘Bitcoin is a safe-haven’ narrative as the correlation between both assets suggests future uncertainty. This week, as a $2 trillion economic stimulus package was put forth by U.S. lawmakers, the performance of major market indexes improved and the Dow registered its best day since 1933, gaining…
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Gary McFarlane is a cryptocurrency analyst at interactive investor, a UK-based investment platform. ____ With central bank money-printing machines switched back on, might bitcoin be the star of the recession? Crypto – it’s still all about COVID-19 for now Whether the bounce in both bitcoin and stocks holds will undoubtedly depend on progress in containing…
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Coinbase Wallet integrates support for DeFi protocols Compound and dYdX allowing users to lend crypto. Leading U.S.-based cryptocurrency exchange, Coinbase, has integrated support for decentralized finance (DeFi) protocols on its wallet app. Per a March 26 announcement, Coinbase Wallet will now allow users to earn interest on cryptocurrencies through the DeFi apps, Compound, and dYdX.…
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After the second-largest Bitcoin (BTC) mining difficulty drop, the next one might be even bigger and provide even stronger relief to miners. As predicted, Bitcoin mining difficulty (a measure telling us how hard it is to compete for mining rewards) has just dropped – but instead of 5.8% estimated six days ago, it dropped 15.95%.…
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Mati Greenspan and Michaël van de Poppe discuss whether now is a good time to invest in Bitcoin. With global markets tumbling out of control, will Bitcoin finally fulfill its role as a hedge asset? Is now a good time to invest in Bitcoin? CEO and co-founder of Quantum Economics Mati Greenspan and trader Michaël…
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Major crypto exchange Coinbase has announced that it will allow users to lend out their crypto and gain interest from loans using decentralized finance (DeFi) apps via its Coinbase Wallet app. The development comes as the crypto lending industry continues on a path of dynamic growth, with rapidly increasing interest among would-be lenders worldwide. In…
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Lukka’s co-CEO and head of tax and regulatory affairs speaks on crypto taxation, & recent gov proposals for a ‘digital dollar.’ Cryptocurrency accounting company, Lukka, has announced the launch of the Lukka Library — an interactive collection of academic papers addressing legal, accounting, and tax questions pertaining to crypto assets. On March 26, Cointelegraph spoke…
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Cryptocurrency is an alternative to sovereign currencies that are issued by state governments, but national digital currencies are not so far away from being launched. Over 30 years ago, in a January 1988 cover story emblazoned with a phoenix hovering over a paper-money inferno, The Economist offered this semi-prophetic vision of currency: “Thirty years from…
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