Cryptocurrency Analysis and News Portal
The South Korean blockchain-focused firm Blocko has finally launched its newly-developed hybrid public-private blockchain, Aergo, in the UAE through a strategic partnership with the SEED Group, a member of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum.Blocko has already raised $16M through two separate funding rounds in which
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ETH price started trading in a range after it failed to surpass the $185 resistance against the US Dollar.The price is currently trading below the key $180 and $185 resistance levels.There is a key contracting triangle forming with resistance near $180 on the 4-hours chart of ETH/USD (data feed via
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There was a steady decline in bitcoin below the $8,500 support against the US Dollar.The price is following a bearish path and it is facing many hurdles near $8,200 and $8,500.There is a key declining channel forming with resistance near $8,200 on the 4-hours chart of the BTC/USD pair (data
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Algo Capital, an investment arm of United States-based blockchain firm Algorand, has lost roughly $1–2 million in Tether (USDT) stablecoins and Algorand (ALGO) tokens after its CTO Pablo Yabo’s mobile phone was compromised.The breach allowed hackers to gain access to Yabo-managed Algo hot wallet, a source familiar with the
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Weekly crypto market data. Source: Coin360As the weekly close approaches Bitcoin remains pinned in the $8,300 to $7,800 range. For the past few days, the digital asset has made lower daily highs and it no longer rides along the 20-MA of the Bollinger Band indicator on the 4-hour chart. Basically,
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The German-speaking world has experienced another week full of exciting developments in the crypto industry, with Liechtenstein approving the new Blockchain Act, Iota Foundation joining the European climate research community and Germany taking a firm stand against stablecoins.Here is the past week of crypto and blockchain news in review,
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Liechtenstein’s Parliament has unanimously passed the Act on Tokens and Entities Providing Services Based on Trusted Technologies (TVTG), also known as the Blockchain Act.Pioneer in comprehensive regulationOn Oct. 3, the Parliament of Liechtenstein approved the Blockchain Act, which aims to improve investor protection, combat money laundering and establish clarity.
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A former interpreter for the United States military forces was sentenced to 30 years in jail for dealing fentanyl, which led to the death of a U.S. Marine.Drugs paid for with cryptocurrenciesAccording to a Reuters report from Oct. 3, a former Iraqi U.S interpreter was sentenced to 30 years
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Stablecoin firm Tether and its affiliate exchange Bitfinex anticipate a lawsuit alleging that Tether token (USDT) is involved in market manipulation as the result of an unpublished paper.Tether and Bitfinex to defend its positionOn Oct. 5, both Tether and Bitfinex published statements claiming that they had become aware of
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It’s hard to tell who was the first to coin — if you’ll forgive the pun — the name for the dramatic price drop of Bitcoin (BTC) and altcoins as the “crypto winter.” But the name accurately captures the simultaneous collapse of around 2,000 global cryptocurrencies that lost a
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