A sudden charge to $12,200 causes instant pain for shorters as one analyst described it as a “clear fake-out to take liquidity.”
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Month: August 2020
Blockchain Interoperability: The Big Picture
A unified language for digital assets would provide the foundation for our decentralized economic and social infrastructure.
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Bitcoin’s Hashrate Hits Record High 130 EH/s, as BTC Price Faces Resistance at $12,000
Bitcoin’s seven-day average hashrate has reached a new all-time high of 130 exahash per second (EH/s) – a feat that might positively influence the asset’s price, while adding to the fundamental strength of the Bitcoin network. According to the latest data from charts.Bitcoin.com, the previous peak of about 127 EH/s was recorded on July 28. […]
The post Bitcoin’s Hashrate Hits Record High 130 EH/s, as BTC Price Faces Resistance at $12,000 appeared first on Bitcoin News.
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Buffett Bought Gold, Will Buy Bitcoin: Morgan Creek Digital Co-Founder
Morgan Creek Digital’s co-founder believes that while Buffett himself is unlikely to buy Bitcoin, younger people working at his investment firm will.
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ING, Rolls Royce and Multi.io Join Blockchain Education Alliance
ING Bank, AB-InBev, Rolls Royce, and Multi.io joined the Blockchain Education Alliance launched by blockchain accelerator MouseBelt.
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Bitcoin Bull Market Things? Top Exchange Volume Soars to $334B in July
The volume of top-tier cryptocurrency exchanges has increased to $334 billion in July as Bitcoin’s price climbed by 30%.
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Winklevoss’ Gemini Adds Support for Hong Kong, Australian and Canadan Dollars
Gemini now supports the fiat currencies of Hong Kong, Australia and Canada.
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Fan Token Providers Chiliz and Socios Launch Visa Debit Card
Blockchain tech now powers global fans to “be more than a fan” with a Visa debit card.
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Vitalik Buterin: Ethereum 2.0 Presents a ‘Much Harder’ Challenge Than We Thought
Vitalik Buterin says it’s likely that some Ethereum applications may fail, while others succeed — but he accepts it as integral to how the project as a whole will move forward.
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Spot Markets Target Top-Tier Exchanges While Derivatives Gain Market Share
July saw a major shift towards top-tier exchanges on spot markets, while derivatives volumes continue to eat into spot volumes market share.
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