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. Mining news The Iranian Ministry of Industries, Mining and Trade has issued more than 1,000 licenses for cryptocurrency mining units so far. Financial Tribune cites an official with Iran’s ICT Read…
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How close is bitcoin (BTC) to becoming money? New data from BitMEX Research claims that although BTC transactions are now more precise than ever, the cryptocurrency still remains a long way off elusive money status – and believe that precision could actually hurt BTC’s hopes of becoming money. The big news is that there has…
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Cash may be a dinosaur, and although Deutsche Bank thinks that notes and coins’ extinction is still a way off, its newest report has provided the cryptosphere with an excellent insight into why cash is still in such rude health – and why so many still choose it over other methods of payment (however, less…
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Russian government-backed corporation Rostec intends to cut spending on the development of blockchain in the country by at least 50%. Russian government-backed corporation Rostec intends to cut spendings on the blockchain development in the country by at least 50%. According to Rostec’s roadmap, the organization is planning to spend 28.4 billion rubles ($453.2 million) on…
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After three weeks of advancement upwards, the cryptocurrency market sentiment fell back a bit this Monday. The combined moving average 7-day market sentiment measure, Sentscore, for the top 10 coins is now 5.54, while it was 5.83/10 a week ago. It’s still higher than two weeks ago though, according to Omenics, a cryptocurrency market sentiment…
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Billionaire investor Tim Draper recommended millennials to buy Bitcoin during a recent interview. Billionaire investor Tim Draper recommended millennials buy Bitcoin (BTC) during an interview with FOX Business published on Jan. 22. Per the report, Draper believes that Bitcoin is of particular importance to millennials that are looking to set aside enough capital for retirement.…
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Speaking to Cointelegraph, Charlie Burton and Eric Krown said the prospect of a return to recent lows for Bitcoin was now a remote possibility. Bitcoin (BTC) hitting $6,000 again is not only unlikely but would be “concerning,” a well-known commentator has told Cointelegraph. Speaking in a market discussion with Cointelegraph, EzeeTrader partner Charlie Burton said…
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Kobe Bryant. Source: a screenshot, Instagram/granity The world is today mourning the death of Kobe Bryant, the American basketball legend and retired NBA star. What many might not know is that he also paid a visit to the Cryptoverse. Bryant, a.k.a. Black Mamba, died in a tragic accident on Sunday in a helicopter crash in…
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Bitcoin price has broken its 7-month downtrend and it’s starting to look like the entire cryptocurrency market is entering a new bull market phase. The price of Bitcoin (BTC) found strong support at $8,200 last week, after which it started to rally toward $8,800 earlier today. Alongside with that, the total market capitalization of crypto…
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This past week, there was a substantial downside correction in bitcoin price below the USD 8,650 and USD 8,550 support levels. BTC/USD found support near the USD 8,250 level and recently started a fresh increase above the USD 8,550 pivot level. However, the price is facing hurdles near USD 8,650 and USD 8,800. Similarly, there…
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