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. Adoption news Peer-to-peer (P2P) bitcoin (BTC) trading appears to be on the rise in Venezuela after the country’s president Nicolás Maduro imposed strict coronavirus quarantine measures on the Read more »Pay,…
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XRP price has dropped to a crucial support but a relief rally to $0.33 could be around the corner. Recently, cryptocurrencies and Bitcoin (BTC) have seen a significant drop. Bitcoin was not the only crypto to see a steep fall as other markets have seen one as well, including equities which are down between 30%…
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The first MakerDAO debt auction is underway, and is expected to last anywhere between six and 72 hours. MakerDAO hopes to fill the multi-million dollar gap in the collateral backing its DAI stablecoin following last week’s Ethereum market volatility, as Cointelegraph reported. Today the organization successfully launched its first debt auction to that end. The…
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The Alliance listed collateralized 1:1 tokens with their respective stable currencies via Bittrex Global. The Universal Protocol Alliance (UPA) officially announced that the Universal Dollar (UPUSD), the Universal Euro (UPEUR), and the Universal Protocol Token (UPT) have been listed on Bittrex Global, offering a lower fee structure for UPT holders. The Alliance stated that the…
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After a major market crash last week, bitcoin (BTC), the most popular cryptocurrency, at least today is somewhat showing its power as a hedge against risks inherent in fiat currencies and the broader financial system. Trading up 12% over the past 24 hours as of press time (USD 5,772 at 12:41 PM UTC), bitcoin is…
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Blockchain and analytics specialist Chainalysis says that although bitcoin (BTC) inflow volumes to exchanges are still high, it looks as though prices have attained some degree of temporary stability. In a recent report on the state of the BTC market, analyst Philip Gradwell wrote, “The majority of excess bitcoin arriving at exchanges has been sold,…
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Bitcoin begins to offset the cautious mood on traditional markets in the wake of a €750 billion pledge from the European Central Bank. Bitcoin (BTC) made unexpected gains on March 19 as another day of coronavirus misery suddenly turned positive for investors. Cryptocurrency market daily overview. Source: Coin360 BTC price reaches six-day high Data from…
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Emerging technology could aid survival after a natural disaster. Here’s the case with Australian farmers after the bushfires. Australian farmers are all too familiar with dry and erratic weather conditions affecting day-to-day business. Reports over the last 20 years demonstrate that these conditions will only worsen — with an increased climate estimated to have reduced…
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Canada’s financial regulator has announced that it will soon implement new anti-money laundering laws including stringent reporting requirements for crypto. The Financial Transactions and Reports Analysis Center of Canada (FINTRAC) has announced it will soon implement new anti-money laundering (AML) and counter-terrorist financing (CTF) regulations. The laws including updated guidelines for virtual currencies. In a…
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Bitcoin (BTC) mining difficulty is now estimated to drop in six days, offering relief to miners, squeezed by the market crash and the current record-high mining difficulty. The next adjustment will see the difficulty, a measure that shows how hard it is to compete for mining rewards, go down by 5.8%, which is the largest…
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