Bitcoin price swiftly dropped by $1,000 as equities markets closed the week in the red but bulls bought the dip and quickly reclaimed $6,000. Today as the closing bell rang at Wall Street, Bitcoin (BTC) price corrected sharply, pulling back below $6,000 less than 24-hours after hitting a 7-day high at $6,900. The $1,000 drop…
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U.S-based company looks forward to bring their VPN services to journalists around the world for free. U.S-based Peer-to-Peer VPN Provider Orchid will start offering a private network for free to journalists across the globe, according to an announcement made on March 20. According to Orchid, journalists who have press credentials and proof of status, regardless…
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CEO behind a new Aussie dollar stablecoin said finding a bank to hold the coin’s cash reserves was the biggest challenge. Australian blockchain firm, Chrono Tech, has been experiencing difficulties securing a banking partner amid the launch of an Australian dollar (AUD)-pegged stablecoin earlier this month. The AUD Token (AUDT), available on Chrono Tech’s platform,…
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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. Stablecoin news USD 2 million in DAI has been raised in the MakerDAO MKR debt auction. The debt auction was launched with a goal to reduce the multi-million dollar gap in…
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As the world continues to fight with the rapid spread of coronavirus, data privacy comes into question. Governments are now considering tracking online user data as a way to fight the rapid spread of COVID-19. As a result, the question of personal data privacy is increasingly becoming a subject of discussion within the crypto community.…
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A South Korean crypto outfit has come up with an entrepreneurial response to the coronavirus pandemic – by setting up a face mask factory and offering customers discounts if they buy using the company’s native token. Per media outlet ZDNet Korea, Pandagram, which operates a crypto pay platform, has set up a mask production plant…
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How the Cryptoverse faces bad news? Head on and with what I imagine is a maniacal laugh. If one thing this community doesn’t ever have enough of, even in the darkest of days – especially in the darkest of days – is jokes. And it’s never too soon for one. Or many. The crypto community…
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Current price action from top cryptocurrencies suggests that the path of least resistance is to the upside, indicating the market could be in the early stages of a new uptrend. Even after the announcements of massive stimulus by the U.S. Federal Reserve, the ECB, and several other central banks, the equity markets are still struggling…
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Hive has successfully forked from the Steem network, concluding weeks of conflict between Justin Sun and the Steem community. Following weeks of conflict between the Steem (STEEM) community and Justin Sun, the community-led Hive hard fork was successful. On March 20, Hive hard forked the Steem network, airdropping HIVE tokens to STEEM holders 1:1, excluding…
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Anti-crisis measures taken by governments and central banks around the world might indirectly help bitcoin (BTC) and its derivatives market, according to Luuk Strijers, CCO of major crypto derivatives exchange Deribit. "Printing money and lowering rates by governments might actually turn out to be a driver for more interest in BTC as a hedge against…
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