There has been an interesting reversal in the cryptocurrency grades given by Weiss Crypto Ratings, the financial ratings agency, in this month of many reversals. While in mid-September, the agency downgraded Litecoin and Cardano and upgraded Monero, it now upgraded Litecoin and Cardano and downgraded Monero. The Cryptoverse is full of twists and turns, and…
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After EOS developer Block.one said it has settled with the U.S. Securities and Exchange Commission, another blockchain project announced the same news today. Nebulous, the company building the Sia decentralized cloud storage network, said it has entered into a settlement with the SEC and agreed to pay USD 225,000 without admitting or denying liability. The…
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Recent bitcoin selling pressure actually originated from short-term traders that got bitcoin at prices between USD 10,000 and USD 12,000, claims crypto market analysis firm Coin Metrics. By analyzing the composition of their realized capitalization measure, introduced as a reportedly more precise alternative to market capitalization, the firm discovered “important Read more »Pay/Trade/Buy Bitcoin with…
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Digital asset investement firm KR1’s portfolio surged in value in H1 2019, with the company attributing its $5.6 million profit to the launch of Cosmos network. European digital asset investment firm KR1 posted a $5.6 million profit for the half year ending on June 30, 2019, mainly due to the launch of Cosmos network. High…
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The early crypto fall that started in August continued in September, painting the market red. And we can’t even talk of small drops as many coins have seen a double-digit plunge in the month of abrupt downs and ups. However, in the top 10 coins category, the situation looks better for at least one cryptocurrency…
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Bitcoin moves steadily further from the $8,000 price mark, while other crypto assets are experiencing moderate gains and losses. Tuesday, Oct. 1 — After signs of recovery in recent days, the leading crypto Bitcoin (BTC) has maintained its price above the $8,000 mark. However the top-20 coins chart on Coin360 is showing mixed signals today,…
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Former employees of JPMorgan, Intel, and TrustToken launched a new US dollar-backed stablecoin, dubbed the USDD. The Global Currency Organization (GCO) is launching a new U.S. dollar-backed stablecoin, dubbed the USD Digital (USDD). In an Oct. 1 press release shared with Cointelegraph, the GCO announced the launch of the USDD, a new stablecoin pegged to…
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Facebook CEO Mark Zuckerberg outlined the firm’s approach to regulators regarding Libra in newly leaked audio from an internal Q&A session held in July. Newly leaked audio from Q&A sessions between Facebook’s CEO and employees revealed Facebook’s early strategy for Libra launch. One month after releasing Libra’s white paper On Oct. 1, tech news agency…
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Fintech-as-a-service startup Rapyd has raised $100 million in a funding round led by venture and growth equity investments firm Oak HC/FT. Fintech-as-a-service startup Rapyd has raised $100 million in a funding round led by venture and growth equity investments firm Oak HC/FT. Per an Oct. 1 press release, Rapyd secured $100 million from investors such…
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A blaze reportedly wiped out huge numbers of rigs owned by mining giant Innosilicon, but the company remains quiet. The Bitcoin (BTC) network experienced fresh turbulence on Sept. 30 while evidence emerged of a fire destroying $10 million worth of mining rigs. A video of alleged Bitcoin miner fire emerges According to Marshall Long, one…
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