389 East 89th Street. A New York City-based real estate owner and developer sold a retail condo in Manhattan’s Upper East Side for bitcoin (BTC). Ben Shaoul, the president of Magnum Real Estate Group, a residential real estate development and management company, has sold a retail condo for USD 15.3 million in bitcoin, The Real…
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The Singaporean central bank says it has developed a blockchain-powered prototype for foreign exchange payments – and wants other central banks to follow suit. The Monetary Authority of Singapore (MAS) stated, in a press release, that its new solution was developed in conjunction with JPMorgan and state-owned Singaporean holding company Temasek, and is “currently Read…
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Difficulty readjustment shows Bitcoin network stabilizing itself as mixed price action continues, but miner interest remains as hash rate rises. Bitcoin (BTC) mining difficulty adjusted downwards more than at any time since its 2018 price low on Nov. 8, data shows. As noted by entrepreneur and cryptocurrency commentator Alistair Milne on Monday, difficulty fell by…
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A break above $9,000 late on Sunday failed to hold, but analysts remain buoyant about the state of the market over the past month. Bitcoin (BTC) fell below $8,700 on Nov. 11 after a fresh downturn once again ended its stay above the $9,000 mark. Cryptocurrency market daily overview. Source: Coin360 Bitcoin tests high $8Ks…
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Bitcoin lacks the characteristics of a currency and is purely speculative, according to the European Central Bank’s former president Jean-Claude Trichet. Bitcoin (BTC) lacks the characteristics of a currency and is purely speculative, according to the European Central Bank’s former president Jean-Claude Trichet. Chinese news outlet South China Morning Post reported on Nov. 10 that…
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Singapore’s central bank and state investment firm have created a prototype multi-currency blockchain-based payments network together with JPMorgan. Singapore’s central bank and state investment firm have created a prototype multi-currency blockchain-based payments network together with JPMorgan. A Nov. 11 report from The Business Times indicates that the prototype is designed to enable payments denominated in…
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South Korean gaming industry representatives say that the government may have doomed blockchain gaming to oblivion – after a regulator banned Infinity Star, a game that makes use of Ethereum ERC 721 Non Fungible Tokens (NFTs). Late last week, the Game Rating and Administration Committee (GRAC) – the South Korean body tasked with policing the…
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This week Bitcoin is expected to continue consolidating even as the weekly MACD is on the verge of a bull cross. Meanwhile, key indicators suggest that Ether price could explode higher. To a new investor entering the crypto-space sights like today’s 3.5% pump to $9,141 is enough to make you giddy with excitement about the…
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Russia plans new law that would allow police to confiscate BTC, and China scraps plan to ban cryptocurrency mining. 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 more — a week…
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The top-performing cryptocurrencies of the past seven days are showing signs of bottoming out. Is it a good time to buy? Bitcoin (BTC) futures volumes have been consistently rising in the past few days. This shows that the interest of the institutional players has been gradually picking up. A close study of the futures volume…
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