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Bitcoin (BTC) broke above a short-term downtrend and looks poised to retest its all-time price high of about $66,900. The cryptocurrency was trading at around $66,000 at press time and is up about 5% over the past 24 hours.Upside momentum is improving after a two-week consolidation phase of between $60,000
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Crypto exchange Coinbase (NASDAQ: COIN) has begun testing a subscription service for customers to buy, sell and convert digital currencies without fees, according to a company spokesperson.Spread fees will still apply to each trade.“We’re always looking to learn more about how we can best serve our customers in different ways,”
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A Thai department store chain is trialing its own cryptocurrency for use by employees with a view to offering it to customers in the future.Central Retail Corp., Thailand’s biggest shopping center developer, is distributing its blockchain-based “C-Coin” to 80,000 employees on a merit basis to use as a substitute for
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Some $16 million in cryptocurrency was pilfered in an exploit of a decentralized finance (DeFi) protocol last week, and the victims believe they know exactly who did it.Despite threats from the team, however, the alleged attacker – a Canadian teenaged graduate student – is refusing to return the funds, potentially
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Blockchain technology remains the revolutionary aspect of cryptocurrency and the entire digital assets as a whole. It brought more innovations and popularity to the industry, which have attracted more users and developers. The use of blockchain technology is erupting within several mainstreams and sectors of the global economy. Recently, this amazing
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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Bitcoin prices were relatively flat ahead of the New York opening bell Tuesday as traders waited for the Federal Reserve officials’ gathering for a two-day policy meeting. The flagship cryptocurrency slumped 0.12 percent to $555,88.07 as of 1330 GMT. Earlier during the Asia-Pacific session, it was trading for as low as
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Ripple is struggling to stay above the key $0.2600 support against the US Dollar. XRP price could nosedive if there is a close below $0.2600 and $0.2550. Ripple is showing a few bearish signs below the $0.2750 and $0.2800 resistance levels against the US dollar. The price is testing the $0.2600 support
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The wider effort to promote the digital currency precedes a launch in the "near future," per a state media report. Source
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The new platform was announced as part of the BIS Innovation Hub's priorities and programs for 2021. Source
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