Bitcoin price is managing to hold $8,800 support, which means the recent upward trend can continue to $9.4K and $10K targets next. Bitcoin (BTC) price sees a tremendous start of the year as it surged 25% year-to-date. Not only has Bitcoin been flourishing over the past few weeks, but altcoins have also been following along.…
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Are cryptocurrency mining operations moving from Iran to Central Asia in pursuit of stable cheap energy grids? Recently, the cryptocurrency mining community has been shaken with rumors of Chinese miners leaving Iran — where crypto mining is authorized as an industrial activity — for Central Asia. The move has ostensibly been taken in an attempt…
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The Canadian Securities Administration has issued new guidance that determines which digital currency trading platforms fall under derivatives law. Canadian authorities have issued new guidance to determine which digital currency trading platforms fall under derivatives law. The Canadian Securities Administration (CSA) explained new provisions in the “Guidance on the Application of Securities Legislation to Entities…
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Proof of Trust, a smart contract dispute resolution firm, plans to list on the Main Market of London Stock Exchange. A company that uses smart contracts to manage arbitration and dispute resolution around blockchain transactions announced on Jan. 17 its intention to list on the Main Market of the London Stock Exchange. Proof of Trust…
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Data from Glassnode strengthens the overall consensus that Bitcoin’s hash rate, despite being hard to measure, is stronger than ever before. The mean hash rate of the Bitcoin (BTC) network has hit new all-time highs to mark the cryptocurrency’s latest technical achievement, fresh data suggests. Compiled by monitoring resource Glassnode, a new analysis of Bitcoin’s…
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Bitcoin returns on investment differ based on what day of the week BTC was bought as well as other factors such as volatility and market cycle conditions. This week saw Bitcoin price (BTC) hitting the $9,000 barrier amid the launch of CME Bitcoin options and Plaid’s acquisition by Visa, reaching a record price for the…
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Progress in 2020 has turned Bitcoin bullish, says Brandt, who now recommends potential investors hold up to 20% of their portfolio in the cryptocurrency. Bitcoin (BTC) investors who are waiting for a price dip to even $6,000 have “missed” their opportunity already, veteran trader Peter Brandt says. In a market discussion with Cointelegraph on Jan.…
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It’s no secret that rival blockchain networks, or to be more precise, the people behind the projects, don’t like each other. The Bitcoin community rags on Ethereum, while the EOS community rags on Tron, and so on, in a seemingly endless chain of barbs, criticisms and mockery. But does the war of words between cryptos…
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This week we saw 55 contracts marking the first day of Bitcoin options on CME, ETF giant WisdomTree planing to launch a stablecoin, and 21 leading crypto industry players that’ll advise OECD on blockchain. We looked into a report about the strongest validation of the BTC safe haven theory, and another one saying that if…
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The altcoin Wright claims is the “real” Bitcoin has lost investors who bought on Jan. 15 almost half their money. Controversial altcoin Bitcoin SV (BSV) has crashed 17% overnight after its main proponent failed to prove he has access to $9 billion in Bitcoin (BTC). Data from Coin360 and Cointelegraph Markets confirmed a difficult 24…
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