The crypto markets are attempting a relief rally but are struggling to sustain the higher levels. This shows that selling is not over yet. Capitulation occurs when traders are scared. On March 12, most asset classes witnessed a massive selloff with no place to hide. Even gold declined 3.17%, which shows that the traders sold…
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MakerDAO’s loss of more than $5 million over a technical issue raises questions on the stability of the DeFi ecosystem, as a string of attacks threatens Ethereum. Thursday’s market meltdown left MakerDAO (MKR) with a $5 million hole that the project is now scrambling to fill. As this is just the latest in a series…
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Major crypto and blockchain-focused event, Consensus, will not be hosting a conference in New York in 2020. Consensus, a major global cryptocurrency and blockchain-focused event, is another industry conference that had to change its plans due to intensifying coronavirus fears. In line with the increasing number of industry events being delayed or canceled in response…
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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. Coronavirus news Due to the coronavirus outbreak, one of the largest crypto conferences, Consensus 2020, initially scheduled to take place in May in New York, "will now be a completely virtual…
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Major blockchain data supplier Blockchain.com apparently experienced a system glitch as its Bitcoin mempool tracker briefly dropped to zero. Major crypto wallet service and blockchain data supplier Blockchain.com has apparently experienced a system glitch, as its Bitcoin (BTC) mempool tracker dropped to zero earlier today. After indicating a significant surge of unconfirmed Bitcoin transactions on…
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Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. _____ Bitcoin Trader Pro is an app that has brought smiles to the faces of many cryptocurrency enthusiasts. It is widely regarded as an efficient bitcoin (BTC) trading platform, both in terms of user-friendliness and profit-making benefits. In this review,…
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The expected economic impact of the coronavirus has resulted in crashing stock markets across the globe. Unfortunately, the same thing happened in the crypto markets in the past few days when it became apparent that COVID-19 has become a pandemic. In this article, which is not a financial advice and you should always do your…
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Wilshire Phoenix CEO Bill Herrmann sees the Fed’s latest capital injections as tiny, meaning Bitcoin is even smaller. The U.S. Federal Reserve injected $168 billion into finance several days ago, which correlates to Bitcoin’s current falling price. “So long as the broader markets keep falling – expect the same out of Bitcoin,” Bill Herrmann, CEO…
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The co-founder is making more time to pursue philanthropic efforts. According to a press release, software developer, philanthropist, and Microsoft co-founder Bill Gates will depart the company’s board. Now 64 years old, the business magnate started Microsoft alongside Paul Allen in 1975. The company is surely most known for its Windows computer operating system, which…
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OKEx completed maintenance to find its trading volumes increased and the platform became the top Bitcoin futures exchange. OKEx completed a short maintenance yesterday at a time of great volatility in the cryptocurrency market. The exchange also just recently overtook competitor BitMEX and became the top Bitcoin futures trading platform. On Mar. 12, OKEx announced…
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