MATIC, the token of blockchain scalability network, Matic Network, is up by more than 170% in the past month. However, a similar trend can be noticed in certain other Binance exchange’s IEOs (initial exchange offerings). Meanwhile, Matic has been quite busy with recent developments, events and partnerships. At pixel time (10:30 UTC), Matic, ranked 54th…
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Shenzhen. China’s central bank, the People’s Bank of China (PBoC) is preparing to test the digital yuan in Suzhou and Shenzhen, with a pilot launch now “imminent,” per a new report. Media outlet Caijing Magazine says it has learned details about the pilot project, which it says is being jointly led by the PBoC, as…
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Is Nordea Bank’s controversial Bitcoin ban protecting employees from themselves or using crypto as a scapegoat? An act of paternalism or a case of generic Bitcoin (BTC) distrust? It is hard to make out the exact reasons for Nordea Bank’s ban on its 31,500 employees trading in Bitcoin or other cryptocurrencies — even on their…
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Ethereum completes the Istanbul hard fork, analysts warn “the halvening” will be a non-event, and research suggests crypto will replace fiat by 2030. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much…
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Bitcoin price could drop by 64% from here despite the May 2020 halving based on a historic indicator that suggests BTC may be in the middle of a bear cycle. As the Bitcoin price (BTC) begins to slowly ascend, the question on everyone’s minds is whether the latest bottom is in, or whether there is…
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As Ethereum successfully performs Istanbul hard fork, several crypto exchanges announced support for the network update. Following the successful Ethereum Istanbul hard fork update, several popular exchanges have announced their official support for the network upgrade. Yesterday, on Dec. 7, the Ethereum’s network saw ample collaboration between node operators and miners to update the software…
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Can the approaching holiday season boost Bitcoin and crypto prices? Let’s analyze the charts of the top performers of the past seven days. The New York Digital Investment Group LLC (NYDIG) has received approval from the United States Securities and Exchange Commission (SEC) to offer its shares to institutional investors, including registered investment advisers, their…
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Most of the top 20 cryptocurrencies are reporting moderate gains as Ethereum price seems unaffected by the hard fork. Sunday, Dec. 8 — most of the top 20 cryptocurrencies are reporting discreet gains on the day by press time, as Bitcoin (BTC) hovers around the $7,550 mark again. Market visualization courtesy of Coin360 Bitcoin price…
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Crypto is ten years old now, but how significantly has its underlying technology changed since its birth? At the most basic and abstract level, things are still fundamentally the same, in that (real) cryptocurrencies still rely on distributed and cryptographically secured consensus networks to confirm transactions. However, in terms of the specific protocols used Read…
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Several research studies have suggested that fake trading volumes are rampant in the crypto markets. Trading volume inflation is reportedly a much more common occurrence than previously believed, which has made it challenging for market data providers to deliver accurate data. In this article, we will discuss the measures that leading crypto market data providers…
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