Bitcoin has decisively dropped below its landmark $10,000 big-even level after several days of high greed levels. Bitcoin (BTC) has fallen below its landmark $10,000 price point after failing to break $10,500 resistance, mimicking a similar $300 drop earlier this week. Crypto market 1-day price chart. Source: Coin360 Bitcoin drops to $9,800s Coin360 and Cointelegraph…
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The coronavirus and the crypto market rally: Is there a link between the two? Surging crypto rallies and the coronavirus scare — the two phenomena seem to be closely related, according to many. But this particular correlation is not necessarily translating to causation, at least according to some experts. Mati Greenspan, the founder of Quantum…
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Pundits believe that a merger between JP Morgan and ConsenSys is a step in the right direction for both companies and the crypto industry. According to an all-new report released earlier this week, banking giant JP Morgan is currently in the process of facilitating a merger of its in-house blockchain unit called Quorum with Ethereum-based…
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Japanese exchange Bitpoint released data on its massive 2019 deficit, the country’s FSA pointed out tightening regulations, and more in news from Japan this past week. This past week in Japan, native exchange Bitpoint released data showing a massive deficit from 2019, Japan’s Financial Services Agency mentioned upcoming tightened regulations, Japanese and European central banks…
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In an interview with mainstream media, the venture capitalist pointed to Bitcoin’s upcoming halving as a major price goal. Bitcoin (BTC) has the potential to reach and even surpass its all-time highs of $20,000 by May’s block reward halving. That was the opinion of Mike Novogratz, the serial venture capitalist who has stayed consistently bullish…
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The CFTC has filed charges against two parties on Ponzi allegations involving crypto, forex, and over $500,000 of defrauded funds. The Commodity Futures Trading Commission (CFTC) has filed charges against a Colorado native and associated investment company on fraud charges. Denver local Breonna Clark, along with Colorado-based Venture Capital Investments Ltd., face civil action from…
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Altcoins are coming for bitcoin (BTC). Many of them – ethereum (ETH), cardano (ADA), EOS, XRP – were initially conceived more as utility tokens for blockchain platforms than as mediums of payment. But increasingly, many of them are turning to payments, while an expanding range of third-parties are building payment services around them. According to…
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The price of Bitcoin has been showing bullish momentum with the CME BTC futures gap from last year at $11.6K now becoming a target for the bulls. The price of Bitcoin (BTC) broke the psychological barrier of $10,000 and is currently stabilizing above it. Not only Bitcoin has been showing strength, but altcoins have also…
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The International Data Corporation projects that Middle East and Africa’s blockchain spending would surge from $21 million in 2019 to $105 million by 2023. As global blockchain adoption is accelerating, countries in the Middle East and Africa (MEA) are forecasted to massively increase their spending on the tech in the next few years. According to…
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Twitter users churn out 75,000 posts mentioning Bitcoin in a single day, as price action sees mainstream consumers pay fresh attention. Bitcoin (BTC) hitting $10,000 catapulted it back into mainstream consciousness — but internet consumers were paying attention before, data shows. Statistics from monitoring resource Bitinfocharts reveal that in early February, mentions of Bitcoin on…
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