Bitcoin’s dominance rate drops and the total market cap reaches $300 billion as traders fight to flip the $10.3-$10.4K zone to support. Today, as Bitcoin price (BTC) strives to achieve a new high, the crypto market achieved a $300 billion market capitalization. Over the past month, the figure has steadily increased from $218.4 billion to…
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Blockstack announced Proof of Transfer, a new consensus algorithm for blockchains that uses Bitcoins to secure a network directly, instead of electricity. Blockstack unveiled a novel consensus mechanism for piggyback blockchains called Proof of Transfer (PoX) on Feb. 6. Instead of relying on its own proof of work, miners under PoX commit Bitcoin (BTC), which…
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Jerome Powell at the House Financial Services Committee on Tuesday. Source: a video screenshot, Youtube, Washington Post. Some crypto market participants believe it’s the remarks by Federal Reserve (Fed) Chairman Jerome Powell on China’s digital fiat that sent bitcoin (BTC) to 5-month highs yesterday. However, his comments on the world’s largest economy might leave the…
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Tezos goes from rags to riches as 2020 delivers 150% gains and analysts remain upbeat about the potential for further progress. The in-house cryptocurrency of Blockchain project Tezos (XTZ) is testing all-time highs as a wave of enthusiasm, which began in January continues. Data from Coin360 and Cointelegraph Markets shows Tezos’ XTZ token hit $3.24…
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Tether is teaming up with Chainalysis to track potential criminal activity on its network, as worldwide regulators push for stronger stablecoin scrutiny. Chainalysis is rolling out a global compliance solution for Tether (USDT), a Feb. 12 press release announced. The stablecoin’s issuer is now able to identify “high risk” transactions occurring on its network. The…
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BAE Systems, Inc., a U.S.-based contractor that provides support and service solutions for defense, intelligence, and civilian systems, is seeking cryptocurrency exploiters. BAE Systems, Inc., a United States-based contractor that provides support and service solutions for defense, intelligence, and civilian systems, is seeking cryptocurrency exploiters. BAE Systems listed an open position for so called cryptocurrency…
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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. M&A news Voyager Digital Canada, the operator of U.S. digital asset broker Voyager and the Ethos Universal Wallet, said it has agreed to acquire Circle Invest, the retail digital asset business,…
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Bitcoin (BTC) traders say they are still waiting to regain access to their tokens two weeks after peer-to-peer cryptocurrency exchange LocalBitcoins quietly suspended their accounts. Account-holders say they have been severely inconvenienced by the move, which has brought their trading operations to a halt. LocalBitcoins is a Finland-based platform that allows buyers and Read more…
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The National Bank of Egypt has signed a cooperation agreement with Ripple to establish new channels for inward remittances. Another major financial institution has partnered with blockchain-based payments firm Ripple. The National Bank of Egypt has signed a cooperation agreement with Ripple to establish new channels for inward remittances, according to a Feb. 11 report…
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Looking into the dapp (decentralized app) ecosystem, things are looking good for Ethereum (ETH) and Tron (TRX), but EOS doesn’t seem to have the same fortune. “While [Ethereum and Tron] are increasing in 2020 January in comparison to 2019 January, EOS is facing a decrease in daily active users by 61%,” says DappRadar, a Lithuania-headquartered…
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