Cryptocurrency Analysis and News Portal
Bitcoin plunged on Tuesday, dropping by $157, to circa $8,757. But there could be profits as more traders view the benchmark cryptocurrency as safety against ultralow interest rates, according to popular market analyst Ivan Liljeqvist.The Stockholm-based blockchain influencer said the central banks are blowing the global economy unsustainably via artificial money printing
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Bitcoin may see a move higher in coming weeks, courtesy of two major daily moving averages heading for a collision dubbed a golden cross.The cross occurs when a short-term moving average (MA) crosses above a longer-term one, typically the 50-day and 200-day MAs, hinting at strong upward momentum in an
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Another major financial institution has partnered with blockchain-based payments firm Ripple.The National Bank of Egypt has signed a cooperation agreement with Ripple to establish new channels for inward remittances, according to a Feb. 11 report from local daily news site Youm7. The agreement reportedly makes the National Bank the country’s
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Intercontinental Exchange (ICE), the bitcoin warehouse’s parent company, announced Wednesday it had agreed to acquire Bridge2 Solutions, a loyalty solution provider for both merchants and consumers. Bakkt, in turn, will use its funds from its ongoing Series B fundraising round to acquire Bridge2 and apply its tools to its consumer
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MIT researchers have co-invented a new cryptocurrency-routing scheme that they claim can boost the efficiency… greasing the wheels and creating larger revenues for cryptocurrency and blockchain companies. An MIT news release stated they are using certain networks designed to speed up notoriously slow blockchain transactions the new solution uses Payment Channel
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The OneCoin cryptocurrency project – accused by authorities of being a Ponzi scheme – may have attempted to boost its fortunes by using "inauthentic" accounts to place favorable reviews on TrustPilot and Quora, according to new research.The Digital Forensic Research Lab (DFRLab), an entity under U.S. think-tank the AtlanticCouncil, said
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Stronger privacy is coming to the largest stablecoin, tether, with a recent blockchain-to-blockchain swap of $15 million worth of tokens.At 11:27 UTC on Jan. 7, stablecoin issuer Tether conducted a cross-chain swap of some 15 million USDT reserves from ethereum to Blockstream’s Liquid, a federated sidechain running parallel to the
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South Korea’s Presidential Committee on the Fourth Industrial Revolution (PCFIR) is advocating that the Korean government makes cryptocurrencies mainstream by introducing friendly regulations that will help to integrate distributed ledger technology (DLT) powered digital assets into the traditional financial world, according to an Ibtimes report. PCFIR Push to Make Cryptocurrency Mainstream Per
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Cryptocurrency-accepting booking service Travala has seen its revenue for the month of December go up by over 33.5% month-on-month following a partnership with Booking.com.According to a post published on the firm’s official blog on Jan. 1, Travala has also seen the total monthly number of accommodation nights booked through
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US Senator Bernie Sanders believes that one day internet connection should be available to every American citizen just like electricity. This premise just might be a huge benefit to one unexpected player: Crypto.“High-Speed Internet for All” must be the senator’s dream right now. A world where anyone and everyone has
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