Bitcoin fell to less than $8,900 today, declining after the digital currency encountered powerful resistance at the $10,000 level. The cryptocurrency dropped to as little as $8,888.84 this afternoon, CoinDesk data showed. At this point, the digital asset was down more than 10% from the recent high of $9,933.98 it reached on May 17th, additional CoinDesk figures […]

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Aren’t we all searching for a safe haven? Whether we mean literal shelter — four walls and a roof over our heads — or something more sophisticated, the craving for a dependable defense against random chaos has always been our instinct.With the COVID-19 pandemic rearranging society at every level, the allure of a safe haven […]

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A few years ago, if you had heard that the U.S. government might mint its own digital currency, you might have dismissed the idea as starry-eyed futurism — or, less charitably, a joke. Digital currencies, such as Bitcoin, were the purview of speculators and coders, not stodgy central bankers. But this winter, the Federal Reserve […]

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While pump and dump groups can’t manipulate prices of bitcoin (BTC) or other major cryptoassets, investors in small altcoins have a way to avoid such traps, according to a new research. “The fundamental idea is to leverage the abnormal growth of so-called market buy orders, buy orders that are used when the investor wants to buy […]

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Square’s Cash App now allows users to schedule automatic bitcoin purchases at set time intervals – daily, weekly, or bi-weekly.The new feature, dubbed “Auto Invest,” follows the system of dollar-cost averaging, i.e., buying an asset in small amounts regularly, regardless of its price.“You don’t need perfect timing if you’re thinking long-term…By spreading purchases out, you […]

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Launched in late 2019, Band Protocol (BAND) connects smart contracts with trusted off-chain information, provided through community-curated data providers creating an infrastructure that allows apps to leverage existing data on the internet without compromising security, bridging the use cases between Web 2.0 and 3.0. Its modus operandi is similar to the notorious “Bitcoin Challenger”, ChainLink […]

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The Altcoin market has been in Bitcoin’s shadow for much of May following the top cryptocurrency’s halving and attempts to breach $10k being the focal points for the entire cryptocurrency market. Bitcoin, along with Ethereum, XRP, Bitcoin Cash, EOS, and Litecoin have all had slight gains in the past 24 hours. Tezos, Cardano, and Chainlink, however, have […]

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Within the last hour Bitcoin (BTC) price abruptly dropped 4.9% from $9,800 to $9,324. The sharp correction came after the top ranked digital asset on CoinMarketCap failed to push through the $9,900-$10,000 resistance zone.  At the time of writing traders appear to be viewing the pullback as a dip buying opportunity, possibly due to the boost […]

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According to The Register, the computer processing giant stands accused by a group of shareholders of attempting to pass off the sales of as much as $1 billion in graphics processing units (GPUs) used for cryptocurrency mining as gaming hardware. The shareholder class suit accuses CEO Jensen Huang, CFO Collette Kress and Jeff Fisher, senior vice […]

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South Korea’s central bank, the Bank of Korea, has conducted new research and analysis on the progress of central bank digital currencies — or CBDCs — around the world. The bank released its “Overseas CBDC Progress Report” on May 18, in which the institution analyzed the CBDC projects of 14 central banks.New tech is a catalysts […]

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