In the past three sessions, there was an increase in the positive sentiment for bitcoin above USD 8,650 and USD 8,700. BTC/USD broke the USD 8,850 resistance area and it is currently (09:00 UTC) making an attempt to climb higher above the USD 9,000 resistance. Similarly, most major altcoins are trading near key breakout levels,…
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A long-span suspension bridge, Hunan, China. 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 The government of Hunan Province, China, will create a blockchain special zone in an industrial park, reports Chinese media outlet VOC. The Read…
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Brazil opens up to the possibility of implementing Blockchain technology to issue university diplomas and prevent fraud. In an attempt to fight against the falsification of university diplomas in Brazil, the Ministry of Education (MEC) has proposed, creating a Blockchain-based platform to issue digital certifications among non-state universities. According to Cointelegraph Brazil, MEC minister Abraham…
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Square Crypto is now revealing the criteria for its grants program that funds Bitcoin developers working on improving its privacy, usability, scalability and other features. Square Crypto, the payments company launched by Twitter founder Jack Dorsey, is now officially supporting Bitcoin (BTC) development through a grant program. This formalizes the already significant contributions made by…
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David Burkett, a developer working on Litecoin and Grin, has predicted that Litecoin will launch its MimbleWimble testnet before the end of summer. On March 1, David Burkett, a developer working on cryptocurrencies Grin (GRIN) and Litecoin (LTC), estimated that privacy protocol Mimblewimble will see a Litecoin testnet release before the end of summer. In…
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Taiwanese tech giant HTC has announced the release of a new crypto 5G hotspot, the Exodus 5G Hub – describing the device as “the world’s most private router.” The device will allow its users to run a fully operational bitcoin (BTC) node through the Zion network. The Exodus 5G Hub is scheduled to roll out…
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Africa has enormous potential for developing a sustainable fintech industry. Here is the analysis of the three flagship economics in Africa: Kenya, Ethiopia and Ghana. For many, Africa represents the final frontier of untapped economic growth. Across its diverse countries, growth rates continue to outpace those achieved in long-developed economies. Collectively, growth on the continent…
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South Korea’s national legislature has passed a law to introduce a permitting system for cryptocurrency exchanges based on real-name confirmed bank accounts. On March 5, South Korea’s National Assembly passed a revised bill on the reporting and use of special financial transaction information, focusing on the introduction of a permit system for cryptocurrency exchanges. Accordingly,…
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Bitcoin reclaiming $9,000 proves cause for celebration as the stock-to-flow model creator continues to fend off concerns that his outlook is too optimistic. Bitcoin (BTC) rising to $100,000 next year has “more one hundred-plus events” backing it up, price analyst PlanB has confirmed. In the ongoing Twitter debate over his stock-to-flow Bitcoin price model, the…
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Major professional services firm EY has launched the Baseline protocol, a package of public domain blockchain tools for enterprises, which may contribute to greater enterprise adoption of the Ethereum network. Announced Wednesday, this new protocol claims to bring significant benefits to the enterprises using it – and these are also the features that may fuel…
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