Markets defend the critical Bitcoin price level after BTC/USD extends a week of rapid losses, which at one point totaled almost 25%. Bitcoin (BTC) dropped to within $15 of $6,500 on Nov. 25 after another day of significant losses obliterated previous support levels. Cryptocurrency market daily overview. Source: Coin360 Bitcoin comes within an inch of…
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Bitcoin Price looks very weak, but could this just be investors taking their 2019 profits. Bitcoin (BTC) price took a seemingly unexpected turn over the last week as the digital asset shed nearly $2,000 over the past 5 days. Last Sunday Bitcoin looked strong with a peak at $8,727 but by Friday the price found…
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Identity digitalization: How China is taking major steps to use blockchain in the government sector. News on crypto and blockchain technology is coming in abundance from China. This became especially true in late October 2019, when the Chinese President Xi Jinping called for accelerating the use of blockchain technology in the country. President Xi identified…
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The evolution of JPMorgan Chase’s blockchain products, an expert take by former JPM and U.S. SEC tech leads. JPMorgan Chase — whose CEO, Jamie Dimon, once notably expressed skepticism over cryptocurrency — was actually one of the first financial institutions to “learn to love the blockchain.” In 2015, the bank created a division dedicated to…
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Bitcoin is at a critical level. Rising open interest on Bakkt with intraday recovery in BTC price indicates buying at lower levels. The total crypto market capitalization slumped from close to $238 billion on Nov. 18 to a low of about $189 billion on Nov. 22. That is a drop of just over 20% within…
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Binance and Bithumb deny their Shanghai offices have been raided by Chinese police, and Bitcoin completely wipes out the gains from its October rally. 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…
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Crypto takes on Berlin, as Cointelegraph’s Joseph Birch lives on after using a crypto-backed debit card for a whole week. “YOU’VE TRANSCENDED. You are here because you’ve opened your eyes to a new type of society; one powered by a decentralised economy and full of shimmering new possibilities.” This is not the calling card for…
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What does the blockchain technology have in common with the invention of the internet and its mass adoption? When the internet was a fledgling technology, there was a lot of uncertainty. Some people thought it would amount to nothing. Clearly, they were wrong. Today, the internet is a massive, global necessity. The internet has enabled…
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The largest data center in the former Soviet Union grants miners cheap energy when mining in the former world’s largest aluminum smelter. The largest data center in the former Soviet Union, BitRiver, opened about a year ago in the Siberian city of Bratsk and most of its clients use the facility to mine Bitcoin (BTC),…
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Nick Johnson and Alex Van de Sande of the Ethereum Foundation began experimenting with a solution to replacing the hex addresses employed in the Ethereum blockchain with human-readable addresses. Following burgeoning interest from the market for the solution, the Ethereum Name Service (ENS) was launched in 2017. And this past October, the ENS added multi-coin…
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