For weeks now, the cryptocurrency community has been fervently discussing the recent acquisition of the Steemit blockchain. Skeptics believe that the Tron takeover has shown significant vulnerabilities with delegated-proof-of-stake (DPoS) projects. Following the takeover, the community still managed to fork the protocol and the new hard-forked blockchain dubbed ‘Hive’ has seen its token price outperform […]
The post Free from Tron: Steemit’s Blockchain Fork Hive Outperforms Steem Token Value appeared first on Bitcoin News.
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On or around May 13, the BTC network will see a block reward reduction as miners will go from getting 12.5 coins per block to 6.25 coins following the halving. The last time the protocol’s block reward halved was on July 9, 2016, and the global economy looked a whole lot different back then. This […]
The post Crypto Mining Crunch Time – Bitcoin Halving Less Than 50 Days Away While Global Economy Shudders appeared first on Bitcoin News.
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In the wake of the coronavirus outbreak and a looming recession, U.S. President Donald Trump and his administration are contemplating halting stock markets next week. The White House is currently considering grounding all passenger planes and ordering a nationwide shelter. However, bureaucrats from the White House believe that the grounding of U.S. passenger planes and […]
The post Can’t Lock Down Bitcoin: Trump Ponders Halting Stock Trading, Grounding US Passenger Flights appeared first on Bitcoin News.
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While the covid-19 outbreak has caused economic calamity, cryptocurrencies have regained some of the losses that devastated digital currency markets on March 12. A recent report published by the researchers at Coin Metrics notes the “crypto asset sell-off was driven by short-term holders.” Further, an analyst at Unchained Capital agreed with Coin Metrics’ findings and […]
The post Onchain Data Suggests Bitcoin Sell-Off Fueled by New Investors appeared first on Bitcoin News.
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Digital currency markets have been consolidating since Thursday’s massive price drop after more than $90 billion was erased from the cryptoconomy. Crypto markets saw some brief gains on Friday but prices have been meandering just above current support levels. At the moment, traders and crypto proponents face uncertainty amidst the ongoing coronavirus scare and economic […]
The post Market Update: Cryptocurrency Market Cap Sheds $90B, Margin Calls Spike, Futures Slide appeared first on Bitcoin News.
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Cryptocurrency markets are feeling a lot of pressure on Thursday, March 12, as the entire cryptoconomy has lost over $50 billion during the last three days. Digital asset prices dropped to the lowest levels since May 2019. Moreover, on five derivatives exchanges, more than $2.2 billion leveraged positions were liquidated in the last 24 hours. […]
The post Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B appeared first on Bitcoin News.
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Cryptocurrency markets lost more than $30 billion in the last 24 hours as digital asset prices have been slashed alongside traditional stock and commodity markets. Further, crypto proponents have spied Plustoken bitcoins on the move again and speculators assume that 13,000 BTC ($102M) might have invoked the weekend’s massive sell-off. Additionally, global markets have been […]
The post Market Update: Plustoken BTC Moves, Crypto Prices Dive, Coronavirus Cripples Global Markets appeared first on Bitcoin News.
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According to crypto market capitalization aggregators, there are more than 5,000 cryptocurrencies in existence today and over 20,000 different types of markets. BTC is the oldest and most known digital asset and most everything else has been typically referred to as an “altcoin.” The term refers to any of the thousands of prevalent cryptocurrencies that […]
The post What Are Altcoins and Why Are There Over 5,000 of Them? appeared first on Bitcoin News.
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Cryptocurrency transactions in Ukraine will be strictly monitored by the state, although the country’s finance minister admits that it’s not digital coins but fiat cash that criminals and corrupt officials are more likely to use. The legalization of cryptocurrencies remains a priority in Kiev as the government has indicated its clear understanding that the benefits […]
The post Ukraine to Oversee Crypto Transactions Above $1,200, Sees Opportunities in Legalization Not Risks appeared first on Bitcoin News.
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One of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely to entice even more crypto companies to its territory. Also read: Turkish Government […]
The post Liechtenstein Adopts Token Act to Attract Crypto Business appeared first on Bitcoin News.
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