After forming a support base above the USD 5,200 level, bitcoin price started a strong rise. BTC/USD broke the key USD 5,550 and USD 5,850 resistance levels to move into a positive zone. The price is now (08:00 UTC) trading well above USD 6,000 and facing a couple of hurdles near USD 6,550. Similarly, most…
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Despite a brutal price crash last week, long-term bitcoin (BTC) “hodlers” are still not scared away, and instead appear to be using the lower prices as a buying opportunity, a new analysis showed. According to the report, prepared by blockchain analysis firm Glassnode and published on Thursday, a metric known as the “Hodler net position…
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Does Bitcoin have no intrinsic value? Blockchain experts and government officials seem to disagree vastly on the issue. In early March, the Bank of England’s governor-designate, Andrew Bailey, said that Bitcoin has no intrinsic value. He controversially stated that any investor that holds Bitcoin should be prepared to lose all of the money. Bailey said,…
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The cybercriminals behind the crypto mining Stantinko botnet have devised some ingenious methods to evade detection. The cybercriminals behind the crypto mining Stantinko botnet have devised some ingenious methods to evade detection. Malware analyst Vladislav Hrčka from cybersecurity firm ESET sounded almost impressed as he unveiled the firm’s latest findings, and potential countermeasures, in a…
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In an exclusive interview with CT, a senior member of the Japanese government discusses the urgent need to implement a digital yen. Even amid the financial turmoil caused by the coronavirus outbreak, countries are continuing to consider the adoption of a central bank digital currency (CBDC). In an exclusive interview with Cointelegraph Japan, Kozo Yamamoto,…
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Justin Sun’s Steemit has been accused of censoring content about the upcoming Hive hard fork. In the latest development in the Steem (STEEM) saga, Justin Sun has come under fire for censoring posts on the platform related to the community-driven ‘Hive’ hard fork. On March 19, cryptocurrency influencer Girl Gone Crypto Tweeted a clip to…
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Bitcoin price rallied to rebound above $6,000 and to the highest level since its 50% record plunge last week amid coronavirus fears. After rallying 21.6% to a new seven-day high at $6,375, Bitcoin (BTC) traders now seem intent on pushing the price higher to $7,200. The digital asset has made an impressive 66% recovery since…
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TSG announced Q3 2019 had been particularly good to them, with investors like Square Enix giving $2.01 million to the blockchain-based game. After recently announcing a third presale of their coveted game’s virtual spaces, The Sandbox (TSB) revealed they have quite a number of big-name backers. According to a March 20 press release by Animoca…
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An Argentinian regulator approved the expansion of a gas tracking platform piloted by over 2 million residents. Argentina’s natural gas regulator, Enargas, approved the expansion of a blockchain-based gas distribution tracking platform. The system was already piloted by a local distributor servicing over 2 million residents. According to an announcement on March 18, the system…
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Vitalik Buterin tweeted out a roadmap for the next 5-10 years of ETH 2.0 development and the community responded. Ethereum co-founder, Vitalik Buterin, revealed his personal roadmap for ETH 2.0 in a tweet on March 18. The post covers the next 5 to 10 years of the project’s development. Progress is in action In the…
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