In an update for traders, Vays says he believes that Bitcoin will not go below $2,000 during this bearish phase. Bitcoin (BTC) trading at $2,800 isn’t scary as long as it happens before May’s block reward halving, Tone Vays believes. In the latest edition of his Trading Bitcoin YouTube series on March 18, the celebrated…
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Two Canadian nationals will spend 24 months in a U.S. federal prison for stealing 23.2 Bitcoins in a scam executed on Twitter. Two Canadian nationals have been sentenced to two years in a United States federal prison for stealing 23.2 Bitcoin (BTC) through a scam on Twitter in 2017. According to the U.S. Department of…
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Those in the game for five years or more are adding to their positions, while frantic trading involves much younger wallets, says Unchained Capital. Recent volatility in the price of Bitcoin (BTC) “did not come” from those holding coins for several years or longer, research claims. In findings published on March 17, Unchained Capital revealed…
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Bitcoin and Ether still offer better returns than other risk assets during crypto market uptrends and both remain positively correlated with gold in bull and bear markets. Bitcoin (BTC) price is slowly recovering, reaching $5,500, after last week’s Black Monday style market meltdown which led to Bitcoin price pulling back sharply as traditional markets suffered…
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CEO Zac Prince cites the recent crypto crash as one reason the firm will be changing their interest rates on Bitcoin and Ether. Clients of one crypto lending company may soon notice some changes in response to the recent drops in the market. Starting on April 1, BlockFi will be raising the interest account rates…
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A crypto project crosses the half-billion threshold. Today stablecoin network PegNet cleared $500 million dollars in conversions, according to data from PegNetMarketCap.com. This means a half-billion dollars in value has moved over the platform’s rails since it launched in August 2019. PegNet is a decentralized non-custodial network of tokens that are pegged to different world…
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A new FDA study shows that blockchain technology can save the pharmaceutical industry $180 million in labor costs by tracking and tracing prescription drugs. UCLA Health and LedgerDomain, a blockchain development platform, announced a new study revealing that blockchain technology would save the United States pharmaceutical industry over $180 million each year. The study was…
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The mobile creation game with more than 40 million downloads announced on March 12 they would be holding a third LAND presale. Ethereum users will soon be able to take advantage of another blockchain-based game with nonfungible token technology. The Sandbox (TSB), a mobile creation game with more than 40 million downloads, announced on March…
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Investment platform Republic plans to build its own digital asset on Algorand’s blockchain, allowing financial exposure to company. Republic, a platform letting users invest in early-stage companies, announced plans to launch its own digital asset on Algorand’s blockchain. “We are excited to be using their cutting edge blockchain technology to enable the creation of a…
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KuCoin exchange establishes KuGroup, a core division of the company that will manage all three of the company’s businesses. Despite the ongoing global crisis fueled by intensifying coronavirus fears, Singapore-based cryptocurrency exchange KuCoin takes action to expand its services and restructure business. Backed by major venture capital firm IDG Capital, KuCoin exchange has established KuGroup,…
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