The latest Cointelegraph Market Discussion focuses on whether Bitcoin can realistically sustain its 40% year-to-date gains. Bitcoin (BTC) may have come within 2% of $10,000 this week, but its 40% gains in 2020 are now making traders bearish about the future. Speaking to Cointelegraph in a Market discussion on Feb. 7, two trading heavyweights highlighted…
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“Bitcoin is stale.” Early champions such as Jon McAffee have been describing the original cryptocurrency as the “true Shitcoin,” while to make matters worse, it also recently witnessed the creation of another ‘stale’ block. But why is a stale block a problem? Well, for those who don’t know, a block is ‘stale’ when it’s accepted…
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Crypto derivatives exchange FTX has created a new, specialized futures contract for traders to bet on President Donal Trump’s reelection in 2020. Cryptocurrency derivatives exchange FTX has created a new, specialized futures contract for traders to bet on President Donal Trump’s reelection in 2020. Dubbed TRUMP-2020 (TRUMP), FTX announced on Feb. 5 that the contract…
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Bitcoin price enters what could be a brief consolidation phase but traders are keeping a sharp eye on the approaching weekly close. After an impressive performance over the past two weeks, Bitcoin (BTC) price appears to be taking a breather which on Feb. 7 saw the price trade in the $9,730 to $9,800 range. The…
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RSK is launching a bridge into Ethereum that lets its users directly access a Bitcoin-pegged token, which could lead to its use as collateral for DeFi. The RSK project announced the creation of Token Bridge, an interoperability protocol between the Bitcoin-pegged sidechain and Ethereum, on Feb. 6. It could have important implications for the burgeoning…
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Don’t miss Cointelegraph’s latest YouTube video! How sustainable is Bitcoin’s latest bull run? Is bad coronavirus news somehow good news for BTC price? “Bad news is good news for Bitcoin, but bad news is bad news for everything,” said Sam Bankman-Fried, CEO of crypto derivatives exchange FTX. He was joined by BitBull Capital CEO Joe…
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Paystand’s hybrid blockchain platform is achieving success in the commercial payments industry, allowing it to raise $20 million in Series B funding. Paystand has successfully raised $20 million in its Series B funding round, VentureBeat and others reported on Feb. 6. The company will use this money to accelerate the growth of its blockchain-based commercial…
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Binance continues futures trading platform expansion, adding BNB to the mix. Crypto exchange unicorn Binance will launch Binance Coin (BNB) futures trading on Feb. 10. As the 17th cryptocurrency available on Binance’s futures trading branch, BNB comes with 50x leverage, paired against Tether’s USDT stablecoin, Binance detailed in a Feb. 7 press release provided to…
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While it’s commonly believed that the price of ETH follows Bitcoin, research shows that ETH is an independent asset. Cryptocurrency market sentiment is often influenced by various factors, such as expert forecasts or political events. However, if analyzing on a wider time frame, it turns out that the prices of most cryptocurrencies — especially of…
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A major Hong Kong crypto event, will be taking place half a year later due to the coronavirus outbreak. A number of cryptocurrency-related conferences across Asia are being delayed in response to the regional coronavirus outbreak. TOKEN2049, a major crypto event held annually in Hong Kong, is the latest one to postpone its conference. Originally…
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