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The coronavirus pandemic has wrought financial chaos for all sorts of assets and commodities – including a massive crypto dip and plummeting oil prices. But with a barrel of crude diving into the negative zone earlier this week before recovering – a crypto-related mystery is developing. How is that while...
During the first part of this year, Bitcoin (BTC) has been very active and it was able to gather the attention of many other investors. After a bear trend in 2018, the digital asset surged and recovered from a very negative year. Surprisingly, the digital asset followed the path...
It would certainly be strange to draw all money from a bank like people are taking their crypto off the exchanges today. And it would be unthinkable for the banks to support their customers taking their money out en masse. Yet, that's what we see in the Cryptoworld. What’s...
Crypto trade Gemini has reported that it currently underpins exchanging and guardianship exercises for Bitcoin Cash (BCH), successful this end of the week, with full exchanging slated to start on Monday. With the declaration, the trade stage established by bitcoin very rich person twins Cameron and Tyler Winklevoss now underpins...
Andrew Yang, a Democratic presidential candidate, has met with Charlie Lee, the founder of the popular cryptocurrency Litecoin (LTC). The goal was to discuss the future of virtual currencies and talk about blockchain technology and Bitcoin (BTC). Mr. Yang shared a picture on Twitter in which he is next...
Blockchain interoperability company Wanchain has joined Hyperledger’s platform with the aim of creating modern cross-industry blockchain technology that will run on Linux, the company said in a statement. Wanchain founder and CEO Jack Lu commented: "We are honored to be joining forces with the Hyperledger ecosystem, and look forward to working with its...
This past week, bitcoin price started recovering above the USD 7,350 and USD 7,400 resistance levels. BTC/USD even spiked above USD 7,650, but it struggled to continue higher. However, the price failed to retain strength above USD 7,600. It is currently (09:00 UTC) consolidating above USD 7,400 and it...
The recognized crypto analyst and chartist, Peter Brandt, wrote a tweet in which he shows that Bitcoin could eventually reach $100,000. He commented that the most popular virtual currency is currently experiencing its fourth parabolic phase that dates back to 2010. Bitcoin has recently surpassed $10,000. Bitcoin Could Reach $100,000 According to Peter...
Istanbul, the next Ethereum upgrade meant to cut across the Ethereum blockchain, has the likelihood of including the Progressive Proof-of-Work (ProgPoW) mining algorithm. Project managers working on the Ethereum blockchain, the second largest blockchain after Bitcoin, included the Ethereum Improvement proposal 1057 which contains the details of the Progressive Proof-of-Work...
Alina Iancu, Neil Meads, and Yiqun Wu work at the International Monetary Fund (IMF)’s Strategy, Policy, and Review Department, while Martin Mühleisen is the former director of this department. _____ The currencies that are being held by central banks as foreign exchange reserves have remained largely steady over decades. Changes in...