Cryptocurrency Analysis and News Portal
Over 45,000 Bitcoin has been withdrawn from BitMex since the U.S. government levied charges against the exchange and its leadership. October 1 brought two devastating blows to BitMex. First, the CFTC and DOJ brought charges against the exchange. Shortly thereafter, its founders (including CEO Arthur Hayes), were indicted by the U.S. government. The
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Americans who have been buying Bitcoin with their U.S. stimulus package may now buy more once the Senate approves the new bill.Bitcoin could benefit from the new U.S. stimulus proposal, which will include a new round of $1,200 checks. Already, the Senate has rejected a “skinny” stimulus bill as it
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Discussing Ethereum’s (ETH) hackathon in partnership with the Colorado State Lottery, Vitalik Buterin opined that in the future, such lotteries could benefit from Ethereum 2.0’s Verifiable Delay Function.No immediate use for Ethereum in the projectThe Ethereum creator will be one of the guests at the virtual opening ceremony for the
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As altcoins have strongly outperformed Bitcoin over recent weeks, a debate has erupted about the long-term usefulness and efficacy of many cryptocurrency projects. Many prominent Bitcoin proponents have come out against altcoins, saying that they provide effectively no value compared to Bitcoin. For instance, there are commentators that say Ethereum’s current
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Bitcoin’s price action has quickly become unbearable for many traders.As NewsBTC has reported extensively over recent days, the crypto market has come to an absolute standstill. In the past week, the cryptocurrency has traded in a right 5.5% range, with bulls and bears not even attempting to break out of
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Blockchain, by now you must be aware of this word in the IT industry. It is a newfangled technology which has been rolled in just recent times and taking the world by storm ever since then. The driving force behind this cutting-edge technology is nothing but bitcoin. It functions smoothly
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Whether or not the Federal Reserve eventually cuts interest rates to negative levels, it might be a case of heads: bitcoin wins, tails: bitcoin wins. So far this year, the Fed has created about $3 trillion of new money, an amount equivalent to more than 70% of the total assets created
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Bitcoin’s PoW miners continue to dominate the cryptocurrency mining industry both in terms of total revenue and total security spending. Bitcoin miners received $5.5bn in total block rewards, $5.2bn (94.8%) of which were newly minted coins, and $284m (5.2%) of which were transaction fees.These days, almost everyone in crypto-space is
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Chainlink is joining forces with Smart Chain Arena and Cryptonomic to provide the Tezos developer community with real-time data feeds via its decentralized oracle network. Now, anyone building smart contracts on top of the Tezos protocol will be able to access off-chain resources and use this data within their on-chain
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Alethea AI, a decentralized Synthetic Content Network which tracks the usage and intellectual property of AI-generated content, has officially launched a new revenue model leveraging Decentralized Finance(DeFi) for content creators on March 30. DeFi plays an important role Alethea AI’s users can now leverage a new smart contracts revenue model to
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