Broader cryptocurrency markets are a little higher on Thursday, but remain stuck within recent ranges, with Bitcoin (BTC) just above $30,000 and Ether (ETH) in the mid-$1,800s. Markets continue to balance optimism about potential upcoming spot bitcoin ETFs, which helped spur a recent recovery in sentiment, against macro headwinds. These include strong US data…
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After a weekend of volatile trading, Bitcoin is on an upward trajectory, albeit still below significant thresholds. As we head into a week potentially lacking in market catalysts, the focus remains on Bitcoin’s performance. How might this recent cryptocurrency market activity affect the best cryptos to buy now? Bitcoin is currently trading at $27,337, with…
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In a surprising turn of events, Bitcoin experienced a significant drop earlier today, falling below the $27,000 mark to register an intraday low of $26,833. This unexpected downturn occurred in the middle of the day and has countered the upward trend that followed the release of somewhat positive U.S. inflation data. Considering the ongoing market…
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During the first week of Feb. 2023, the United Kingdom Court of Appeal overturned a High Court decision from March 2022 in the case of Craig Wright’s Tulip Trading Limited (TTL) vs. 16 cryptocurrency developers. The case will proceed to trial as Wright, who claims to be Satoshi Nakamoto, stated his team was “delighted” with…
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Nigeria’s National Information Technology Development Agency recently said it has launched a blockchain training program and over 30,000 people are set to participate. The objective of the training course is to make the participants “early solution providers in the fourth industrial revolution.” Hastening Adoption of Blockchain The Nigerian government has said it plans to educate…
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A single miner has managed to overtake a large portion of the Bitcoinsv (Bitcoin Satoshi’s Vision) blockchain capturing more than 80% of the hashrate on October 17. Today, the unknown miner’s hashpower commands around 54% of the Bitcoinsv’s computational power and during the last seven days, the stealth miner captured 64.5%. Unknown Hashpower Captured 64%…
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Amid controversy surrounding major supporter Roger Ver, the Bitcoin hard fork plumbs new depths in BTC terms. Bitcoin (BTC) has hit new record highs this week — not in U.S. dollar terms, but against its longtime competitor, Bitcoin Cash (BCH). Data from Cointelegraph Markets Pro and TradingView confirms that on June 29, BCH/BTC officially set…
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On June 1, the American media company that provides commercial weather forecasts, Accuweather, announced it is tethering weather data to blockchain technology by hosting an API3 Airnode. The company revealed that it is collaborating with blockchain oracle provider API3 and Web API operators will be able to access Accuweather’s onchain weather data. Accuweather Exec Believes…
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Bitcoin SV joins the hard fork in posting dismal price performance as the dust settles on the Terra UST debacle. Bitcoin (BTC) bounced back from ten-month lows on May 11 as the start of Wall Street trading gave bulls some relief. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView One day, $860 million more crypto liquidations…
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The two cryptocurrencies look poised to end 2021 in double-digit percentage losses against Bitcoin. Bitcoin (BTC) looks set to beat its forked versions Bitcoin Cash (BCH) and Bitcoin SV (BSV) in terms of price-performance in 2021, market data shows. Notably, BTC’s year-to-date (YTD) returns sat near 60% at press time as its price wobbled near…
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