Bitcoin has soared this week, rocketing above $11,000 for the first time since August last year and adding around 20% in just a few days. Some smaller cryptocurrencies have made massive gains in recent months as bitcoin treaded water, eating into bitcoin’s dominance—a measure of bitcoin’s value compared to the wider cryptocurrency market. However, some have suggested […]

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Leading global payment companies Mastercard and Visa have been making moves to accelerate the support of cryptocurrency payment processors by opening up new options for users around the world. Both companies made strong statements in support of the use of cryptocurrencies in July by announcing respective projects and collaborations that are driving the adoption of […]

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A regulatory environment characterized by widespread uncertainty is the single biggest challenge facing entrepreneurs in the digital currency and blockchain industry, according to J.D. Seraphine, who produced the docuseries “Open Source Money.” The show, which started airing July 4 on Discovery Science, follows the challenges of Joe Roets, the architect, founder, and CEO of Dragonchain, as […]

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Crypto analyst Nicholas Merten is bullish on several large-cap cryptocurrencies that he believes will ride the waves of Bitcoin’s recent price action. In a new episode of DataDash, the popular technical trader predicts small-cap cryptos – of which many saw huge gains when DeFi erupted in June and July – are likely to move sideways in […]

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The so-called “HODLwave” of Bitcoin has hit a new all-time high. The metric indicates the amount of unmoved BTC on the blockchain in the past 12 months. It typically suggests that investors are increasingly accumulating the dominant cryptocurrency. Researchers at Cryptowatch, a crypto market data company owned by U.S. exchange Kraken, wrote: “Bitcoin’s 1-year HODL wave—BTC unmoved […]

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Billionaire investor Michael Novogratz said global “liquidity pump” from stimulus packages will keep driving bitcoin’s price higher. He expects the price of bitcoin to reach $20,000 this year, fueled by retail investors shifting to the cryptocurrency.Mike Novogratz’s Bitcoin PredictionGalaxy Digital CEO Michael Novogratz said on Tuesday that bitcoin and gold have more room to grow […]

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A state-backed blockchain infrastructure project from China aims to be the dominant internet services provider for decentralized applications (dapps). Its first-mover advantage is significant, as are the geopolitical risks. The project, called the Blockchain-based Service Network (BSN), is expanding globally as U.S.-China relations become increasingly tense. BSN is a Chinese state-sanctioned blockchain project, but few may […]

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Tether Ltd printed a totalof USDT 300 million Wednesday and this brought the total coins created to 540 million in the last three days alone. The latest USDT printing will see the top stablecoin’s market capitalization significantly passing the $10 billion mark. Responding to a whale alert twitter post, however, Paolo Ardoino the CTO at Bitfinex, explains […]

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Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly confirmed. Mostafa Rajabi Mashhadi, deputy head of Tavanir, explained that entities have to apply for the necessary licenses from the Ministry of Industry, Mine and Trade, and comply with the tariffs set […]

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Typically, blockchain exchanges and traditional exchanges, such as the Nasdaq or London Stock Exchange, have been seen as polar opposites where blockchain exchanges are seen as a more open, community-focused option, whereas traditional exchanges are seen as relics of the old financial system — stuffy and opposed to blockchain technology and crypto.This now seems to […]

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