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. Investing news BitMEX Research says that all 11 Initial Exchange Offerings (IEOs) they looked into in their May report have seen significant declines in price since, despite bitcoin appreciating Read more…
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The Bitcoin subreddit has seen a remarkable increase in the number of subscribers since the cryptocurrency’s price surged last summer. The Bitcoin (BTC) subreddit has seen a remarkable increase in its number of subscribers since the cryptocurrency’s price spike last summer. Cypherpunk and proclaimed Bitcoin maximalist Jameson Lopp posted a tweet on Dec. 23, saying…
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Bitcoin price has made a strong v-shaped recovery into the final week of the year, but the bulls have yet to reclaim the market from its 5-month bearish trend. Bitcoin (BTC) closed the week up at $7,513 which was a 5.65% increase from the opening price of $7,111. It was a turbulent week with Bitcoin…
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Meltem Demirors. Source: a video screenshot, Youtube, Bloomberg Technology Almost everyone in the crypto community is going into 2020 talking about Bitcoin halving, with many predicting price rises and more market movement. But one expert says that the next halving – expected to take place in or around May next year – will be completely…
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Former PayPal and Google veteran Mike Blandina appointed as new CEO of Bakkt, while former Coinbase exec is now the new president of the company. Former PayPal and Google veteran Mike Blandina has been appointed as the new CEO of major cryptocurrency trading platform Bakkt. Following the departure of founding CEO Kelly Loeffler, who was…
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The new fundraising phenomenon has so far failed to deliver for many buyers, who may have lost almost all their money depending on when they bought IEO tokens. Initial exchange offerings (IEOs), which launched in 2019 have lost investors up to 98% of their money, damning new statistics show. In its latest report on the…
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The Intercontinental Exchange (ICE)-backed Bitcoin futures trading platform Bakkt has found its new leaders inside the company. ICE announced today that it has appointed Mike Blandina as CEO of Bakkt, as well as Adam White as its President, starting December 20. This comes after founding CEO Kelly Loeffler departed the company as she has been…
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Chinese authorities have seized nearly 7,000 crypto mining machines consuming electric power illegally. Chinese authorities have seized nearly 7,000 crypto mining machines, illegally consuming electric power. The cryptocurrency mining confiscation came as part of an inspection of more than 70,000 households, 3,061 merchants, 1,470 communities, as well as factories, mines, courtyards and villages in the…
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Tron (TRX) launched a new game, Just.Game, a “speculative technological entertainment” with a self-decentralizing entity that wants to keep itself alive. Team Just, the team that created the blockchain gambling game Fomo3D, now has a new game up on the Tron network. Tron CEO Justin Sun tweeted today that the average virtual payroll has already…
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This week, bitcoin price started a solid upward move above the USD 7,350 resistance. BTC/USD gained bullish momentum and surged above the USD 7,550 resistance. The upward move faced sellers near USD 7,650 and the price is currently (09:00 UTC) correcting gains. Similarly, many major altcoins are started a slow and steady recovery, including ethereum,…
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