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Crypto Exchange FTX Buys Blockfolio for $150 Million in Effort To Expand Retail Presence
27.8.2020
Cryptocurrency derivatives exchange FTX has acquired the popular portfolio tracking app Blockfolio for $150 million in a bid to gain a foothold in the crypto retail market. The deal – consummated after nine months of negotiation – was settled using a combination of cash, crypto,...
Report: Russia Remains a ‘Key Market for Crypto,’ Commands the 3rd Largest Bitcoin Hashrate in the World
27.8.2020
The fervor for cryptocurrency assets in Russia has grown wild over the last few years. This week Xangle Research published a comprehensive report about digital currencies and the Russian environment in 2020. The study’s findings show that Russia is one of the world’s key players when...
Market Wrap: Bitcoin Braces for $700M in Options to Expire; Record $7B Value Locked in DeFi
26.8.2020
Bitcoin price is trending up while crypto keeps flooding into DeFi
Sources Say World’s Largest Darknet Empire Market Exit Scammed, $30 Million in Bitcoin Stolen
26.8.2020
One of the world’s largest darknet markets (DNM), Empire Market, allegedly exit scammed after the marketplace was taken offline for a number of days this week. DNM patrons are upset about Empire Market’s departure and customers say that $30 million in bitcoin held by the darknet’s...
Indian crypto P2P market size triples despite regulatory uncertainty
26.8.2020
In addition to the Indian P2P market surging in recent months, the country’s DeFi sector has been gaining momentum
Biggest Darknet Market Allegedly Exit Scams USD 30M In Crypto - Report
26.8.2020
Leading darknet market Empire Market has reportedly shut down its operations, exit scamming the site’s estimated 1.3 million users out of some bitcoin (BTC) 2,638, worth close to USD 30 million.
Reported by dark.fail, a journalist specialized in covering the darknet, the development comes with...
Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners
26.8.2020
Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third. The Chinese...
Market Wrap: Bitcoin Dips to $11.1K; Ether Mining Difficulty at Year High
25.8.2020
Bitcoin’s price plunged Tuesday while DeFi is giving Ethereum miners more fee revenue, causing difficulty to hit a 2020 record
Increase Your Profit Potential With Margin Trading
25.8.2020
Spot trading is a popular way for investors to access the crypto market in a straightforward manner. It’s mainly fiat-to-crypto trading, as well as crypto-to-crypto trading. It’s simple, you get a crypto wallet, you buy a token with fiat currencies, and then once the price...
Ethereum price lingers at key resistance days before $112M options expiry
25.8.2020
$112 million in Ethereum options expire on August 28 but data shows traders remain bullish even as ETH trades below $400
Market Wrap: Bitcoin Hits $11.8K; Ethereum Gas at All-Time High
24.8.2020
Many bitcoin stakeholders expect a weak market this week to cap August while DeFi continues to stretch Ethereum’s network
Swipe (SXP) bounces after 54% crash — is $7 now a realistic target?
24.8.2020
Swipe (SXP) has been seeing wild swings in price this month but a period of consolidation appears likely before the next big move
First Mover: Anything-Goes Token Market Repudiates Rich-Only Venture Capital Club
24.8.2020
Venture capital is no longer just for the rich, as crypto markets let traders bet on early-stage digital-asset startups, risks included
Crypto Market Sentiment Drops Out of Positive Zone; Litecoin Wins the Week
24.8.2020
Though its fall in the past seven days is relatively low, the combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization dropped out of the positive zone, and is now sitting at its verge. Per crypto market sentiment analysis service...
$50 Billion in Cryptocurrency Left China Amid Escalating Trade Wars
24.8.2020
Over $50 billion in cryptocurrency flowed out of China over the past 12 months amid trade wars, a new study finds. East Asia is the world’s largest cryptocurrency market; its crypto trading volume is driven by “a robust professional market” as well as an “extremely...
Istanbul or ‘Coinstantinople’? Inside Turkey’s Bitcoin Bull Market
24.8.2020
The relationship between economic crisis and crypto exchange activity in Turkey appears to have changed, with bitcoin coming out on the winning end
Brazilian Crypto Companies to Self-Regulate: Target a $100 Billion Market by Year-End
24.8.2020
Brazilian crypto companies have signed a code of self-regulation that aims to legitimize and to boost adoption of crypto assets in the country. The document was signed under the auspices of Abcripto, the country’s association of cryptocurrency companies. According to regional media reports...
Darknet Giant Empire Market Offline for 36 Hours, Blame Cast at Massive DDoS Attack
23.8.2020
According to a number of sources, one of the largest darknet markets in the world, Empire Market has been offline for well over 36 hours. The researcher and analyst Dark.fail has been tweeting about the subject, as the market hasn’t been down for this long since 2019. It seems the popular...
Why Are Traditional Investors So Hungry for Yield Curve Control?
23.8.2020
When FOMC minutes suggested the Federal Reserve might not employ yield curve control, the markets reacted angrily
Bitcoin Price Risks Dropping Below $10,000 if This Support Level Fails
22.8.2020
The price of Bitcoin is at risk of falling below $10,000 if a crucial support level fails to hold