Still not satisfied despite regaining access to his once lost coins, Peter Schiff now claims that Bitcoin will fail to usurp fiat currency. Bitcoin (BTC) skeptic Peter Schiff has admitted that holding the cryptocurrency is profitable — but claims it will “never” compete with fiat currency. In a tweet on Feb. 18, Schiff, well known…
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Recently, there was a downside extension below the USD 9,650 support, but bitcoin found support near USD 9,550 and USD 9,500. As a result, it started a short term recovery above USD 9,700 and it is currently (09:00 UTC) consolidating below the USD 9,850 resistance area. On the other hand, many major altcoins started a…
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Four of the world’s biggest telecoms providers will cooperate on a joint pilot that could see blockchain technology applied to inter-operator roaming agreements. Per Mobile Europe, Deutsche Telekom and its United States-based mobile and wireless network operator T-Mobile US will team up with Spain’s Telefónica and Orange of France to pilot a blockchain-powered solution Read…
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The crossing over of the 50-day and 200-day moving averages this week is a major boon for Bitcoin traders, says Cointelegraph Markets’ Keith Wareing. Bitcoin (BTC) can hit $26,000 in just two months thanks to a bullish event that previously triggered 170% price gains. As noted by Cointelegraph Markets analyst, Keith Wareing, on Feb. 18,…
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To mark Black History Month, Coinbase has launched an advertising campaign with the pitch that cryptocurrencies can help tackle racial inequity in the financial sector. To mark Black History Month, Coinbase has launched an advertising campaign with the pitch that cryptocurrencies can help tackle racial injustice in the financial sector. As part of the campaign,…
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A new Ethereum-based platform, Enjin, aims to make game creation and creative projects on the blockchain simpler for a wider community. A new initiative aims to make game creation and creative projects on the blockchain simpler for a wider community. Today, Feb. 18, blockchain startup Enjin launched its gaming and digital collectibles creation platform on…
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Decentralized finance proponents take a hard hit after lending protocol bZx sees two successful hacks just days apart. Decentralized finance (DeFi) proponents are taking a hard hit after decentralized lending protocol bZx saw two successful hacks just days apart with losses totalling around $954,000. According to bZx’s report, the protocol was compromised for the first…
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South Korean financial institutions have formulated crypto business plans – but cannot go public with them due to a lack of regulatory clarity, claim bankers in the country. News outlet Hangook Ilbo quotes an unnamed “senior official” at a South Korean bank as stating, “Banks in South Korea cannot reveal their plans for cryptoassets at…
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The IOTA (MIOTA) mainnet is closed for the sixth day now, while MIOTA is up almost 4% on the shared remediation plan. As reported, IOTA first advised people to keep their Trinity wallets closed on February 17, while they investigate the reports of stolen funds, even turning off the Coordinator, a node run by the…
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Soccer fans in Europe will join the ranks of early blockchain adopters thanks to a new initiative by the Union of European Football Associations. Soccer fans in Europe will join the ranks of early blockchain adopters thanks to a new initiative by the Union of European Football Associations (UEFA). According to a Feb. 17 announcement,…
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