Crypto Tidbits: MicroStrategy’s $250m Bitcoin Purchase, Ethereum DeFi Boom, BitMEX KYC
Another week, another round of Crypto Tidbits. It’s been another volatile week for the Bitcoin market. In the past seven
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Boom
How COVID-19 pandemic created a terrific boom in the blockchain business?
I hope you are well and safe. Yes, we know 2020 is giving more problems in our daily life and hard times. The world economy has faced many problems during this pandemic. As everyone knows that Covid-19 is a killer virus and that has affected many major countries across the
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Next DeFi Boom to Come Out of “Useless” Cryptocurrencies: Messari
As the decentralized finance sector explodes in value, a recent Messari report indicates that the so-called DeFi boom
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ETH Activity in Q2 Similar to That Before 2017 ICO Market Boom
Though some on-chain activity for Ethereum is similar to the conditions before the price rallied to its all-time high in 2018, it failed to demonstrate the same bullish behavior in 2020.According to a July report from Xangle Research on Decentralized Finance (DeFi) in Q2 2020, research analyst Jehn Kim determined
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Blockchain Bites: CENTRE’s Blacklist, Brazil’s Stablecoin Boom and Coinbase Is Going Public?
Coinbase is said to be preparing to go public, CENTRE blasklisted a decentralized address and U.S. sanctions on China could trickle down to crypto brokerages. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the most pivotal stories in blockchain and crypto news, and why they’re significant. You can subscribe
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High Prospects for Bitcoin Price as Mining Investments Boom
Recent investments into cryptocurrency mining equipment by smaller players could be a positive signal for the longevity and value of Bitcoin (BTC). In late June, United States-based blockchain firm Core Scientific ordered over 17,000 of the latest Bitcoin mining ASIC machines from Chinese hardware producer Bitmain. The news made waves
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China Stocks Boom Bullish for Bitcoin? 5 Things to Watch This Week
Bitcoin (BTC) begins a new week testing increasingly weak $9,000 support, but what factors could make or break price performance?Cryptox Markets takes a look at the main things traders should focus on in Bitcoin for the coming five days. Stocks recover led by China Stock market futures showed a mixed but overall
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The COVID-19 E-Commerce Boom Hasn’t Trickled Down to Bitcoin, Despite Advantages
Despite the COVID-19 e-commerce boom, bitcoin is hardly seeing more merchant usage as a transactional currency than it was five years ago. “We’ve been doing this for six years and it’s still very rough around the edges,” said Brian Hoffman, co-founder of OB1, maker of crypto marketplace app Haven and its
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Real Estate Market Expected to Boom Next Year, Will Bitcoin Follow?
Despite the massive downturn on the real estate market, realtors in America are still hopeful they will see a rebound next year. However, some speculators believe the drop in pending contract sales and property values will drop even more soon. How will Bitcoin react?If we take a look at the
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Every Time Bitcoin Flashed This Signal Since 2015, a Boom Followed. It’s Back
Bitcoin has been on an impressive run over the past few weeks, mounting past resistance after resistance despite a harrowing macroeconomic backdrop. Since the March lows of $3,700, BTC is up 150%, a stellar performance that puts almost any other $100 billion+ asset to shame.Although impressive, Bitcoin continuing to set
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