Tag: bitcoin

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Google Play Lifts Ban on Ethereum Browser Extension MetaMask

Major Ethereum browser extension and wallet service Metamask has revealed that Google has now reversed its short-lived ban on the software. Major Ethereum browser extension and wallet service Metamask has something to celebrate as 2020 kicks off, notifying its users that Google has now reversed its short-lived ban on the browser add-on. In a tweet…
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Mining Giant Bitmain May Lay Off Another 50% of Staff Before BTC Halving

Cryptocurrency mining giant Bitmain is reportedly planning to layoff another 50 percent of its employees in advance of the Bitcoin halving coming in May. Cryptocurrency mining giant Bitmain reportedly has plans to reduce its workforce by another fifty percent. On Dec. 2, Chinese news media outlet Wushuo Blockchain reported that Bitcoin (BTC) mining rig maker…
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Electra Pilots Blockchain-Based Financial Management System – Can It Compete?

Electra project to beta-test ElectraPay, a cryptocurrency system for merchants that purports to be free of service providers, banks or credit card companies. Electra (ECA), the open-source Proof-of-Stake (PoS) blockchain project focused on digital payments, will begin beta testing its flagship product this month.  Known as “ElectraPay,” the product functions as a financial management system…
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Coinbase CEO Brian Armstrong Rounds Up the Decade in Crypto

Coinbase CEO Brian Armstrong sums up the crypto industry over the last ten years, describing how we got from there to here. Coinbase CEO Brian Armstrong published a Medium post on Jan. 2 sharing his thoughts on how the crypto space has progressed over the last ten years.  Armstrong’s post, inspired by Fred Wilson’s article on…
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South Korea Drafting Legislation To Tax Individual Crypto Profits

South Korea will not tax individual crypto profits yet, but legislation is in the works. Cryptocurrency and taxation laws are creating a great deal of confusion in South Korea. On Dec. 30, South Korea’s government stated that under current law, it cannot impose income taxes on individuals’ profits from transactions of cryptocurrency. This, however, contrasts…
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2019 in Review: Another Year of Highs and Lows for Crypto

Facebook’s Libra, Ethereum, QuadrigaCX, Tether and Bitfinex — Cointelegraph breaks down the biggest stories of 2019. 2019 may not go down as a year of breathtaking highs for cryptocurrency markets, but major strides have been made for mass adoption of digital payments and blockchain technology. A quick look at major headlines over the past 12…
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Carnegie Mellon University Sees $4M Pledge to Develop DeFi Research Program

Carnegie Mellon University sees $4 million pledge from alumnus and former MakerDAO contributer to advance DeFi research within. A former MakerDAO contributor and Carnegie Mellon alumnus has committed 10,000 MKR — valued at just under $4.3 million at press time — to his alma mater to develop a research program for decentralized applications. Who is…
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Bitcoin Price Falls Below $7K But Bears Yet to Break Key Support Level

Bitcoin price dropped below $7K, leading traders to look for a bounce at the $6.8K support. Today, Bitcoin (BTC) price abruptly dropped below the $7,100 support, declining 3.35% to rest near $6,900.  For the past few days, Bitcoin price traded between $7,300 and $7,100, testing the $7,100 and $7,050 support multiple times. Therefore, for many…
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Bitcoin and Altcoins Signaling Another Decrease in Short Term

This week, bitcoin price faced an increase in selling pressure below USD 7,350. As a result, BTC/USD settled below the USD 7,250 support and recently tested the USD 7,120 support. The current market sentiment suggests high chances of more downsides below USD 7,100 in the short term before a possible recovery. Similarly, most major altcoins…
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Ethereum Could Soon Pump 100% to $260, According to Analysts

Popular analysts suggest that Ethereum could soon see a renaissance causing a 100% pump. Several analysts have predicted big gains for the number two cryptocurrency by market cap, Ethereum, in the next few months. One even suggested a replay of his 100% surge prediction from early last year, in a tweet on Jan. 1. Falling…
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