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Tether Freezes Millions of Dollars USDT in 40 Addresses Amid Regulatory Pressure
12.7.2020
Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to a request by law enforcement. Tether Frozen in 40 Addresses Tether...
Brave Browser Fork Makes a ‘Bold’ Move Citing Legal Pressure
9.7.2020
“Braver”, designed as an adware-free fork of the Brave Browser, has allegedly been forced to rebrand due to legal threats
Bitcoin’s 5% Drop in Value Puts Pressure on BTC Mining Operations and Older ASIC Rigs
1.7.2020
During the last seven days, the price of bitcoin has dropped 4.8% from a high of $9,700 on June 24, to a low of $8,965 on June 27. Since then the price has increased and the price per bitcoin is back above the $9k zone but much lower than before. The lower price has affected […]
The post...
ASX Under Pressure to Further Delay Rollout of DLT Settlement System
30.6.2020
The blockchain-based clearing and settlement system from Australia's biggest stock exchange faces further delays if unhappy firms get their way
Bitcoin Halving and Competitors Boost Pressure on Bitmain & Canaan
14.6.2020
The Bitcoin (BTC) mining hardware sector is opening up. New hardware manufacturers are entering the market with innovative new mining units, reducing the former dominance of major players such as Bitmain and Canaan.
And with the Bitcoin halving in May putting an extra squeeze on the profit margins...
Market Wrap: Derivatives May Reduce Miner Selling Pressure After Bitcoin Halving
6.5.2020
The crypto derivatives market is helping to hedge the uncertainty on which way the bitcoin market will go when miners have less revenue post-halving
Powerfull Miners Just Increased Pressure on Smaller Players Ahead of Bitcoin Halving
5.5.2020
Less than a week before the third Bitcoin (BTC) mining reward halving, mining just became more difficult as more miners turned their machines on in the end of April.
On Tuesday, BTC mining difficulty, a measure showing how hard it is to compete for mining rewards, increased by 0.9%, to 16.1...
Federal Reserve Index: The US Is Already in Recession
21.4.2020
The Federal Reserve Bank of Chicago’s monthly index has plunged, suggesting that the U.S. has entered a recession. The index is designed to gauge the overall U.S. economic activity and inflationary pressure. It is a weighted average of 85 monthly indicators. Fed Index Suggests the US Already...
Bitcoin Under Pressure After Oil Prices Crash to Record Lows
21.4.2020
The top cryptocurrency is looking weak after Monday's big crash in the oil markets
Bithumb Under Pressure to Delist Monero as Nth Room Ire Continues
10.4.2020
South Korean market-leading crypto exchange Bithumb is coming under pressure to delist monero (XMR) cryptocurrency as public outrage over the Telegram Nth room sexual exploitation and rape video case continues to dominate headlines in the country.
Per a report from Sisa Journal, the pressure is...
Litecoin Under Pressure Again as "Death Cross" Appears in Chart
1.4.2020
Source: iStock/Albert_Karimov
Litecoin (LTC) is again facing pressure from traders who wonder if the price will be able to pick up the momentum necessary to recover the losses from the major market crash on March 12.
As of press time on Wednesday (10:22 UTC), litecoin was down almost 1% over...
World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
25.3.2020
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with...
Dash (DASH) Beats the Bearish Pressure; Notes an Escalation of 27%
19.3.2020
Despite the current troubled market, DASH coin has efficiently carried out a price rise of more than 27% over a day. This is not a regular bullish price move, as while the currency has noted such an escalation, Bitcoin price has remained range-bound around $5200 to $5300. The overall market is...
Market Update: Global Economy Jolts Bitcoin, Overall Crypto Cap Loses $50B
12.3.2020
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...
The FATF Recommendations on Privacy Coins: Why Private People, Businesses and Governments Should Care
12.3.2020
Over the past few months, private crypto assets, commonly known as privacy coins, have been under pressure due toContinue Reading
The post The FATF Recommendations on Privacy Coins: Why Private People, Businesses and Governments Should Care appeared first on CoinMarketCap Blog
XRP Suffers Under Bearish Pressure; $0.20 Acts as Active Support For Now
9.3.2020
Is it Corona-effect? Indeed, to quite an extent!! The outbreak of this fatal disease has spread already in around 94 countries, out of which many hold crypto users in some or the other way, especially Bitcoin. Notably, BTC has been dragged down to $7000 price range from $9000 recently, which shows...
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...
China Stocks Plummet Despite 1.2 Trillion Yuan Injection to Mitigate Effects of Epidemic
3.2.2020
China’s stock market plunged Monday under selling pressure accumulated during a prolonged holiday. Investors have been worried by the coronavirus outbreak that’s already taken the lives of more than 360 people. Beijing authorities have responded by pumping well over a trillion yuan into...
Lawyers Ramp Up Pressure to Exhume Quadriga CEO’s Body
28.1.2020
Miller Thomson is doubling down on its request that the RCMP exhume Quadriga founder Gerald Cotten's body by publicly requesting an update from Canadian MP Bill Blair, who oversees the agency
Dogecoin Retests Support at $0.0022 and Falls Under Selling Pressure
24.1.2020
Dogecoin (DOGE), at the time of writing this analysis, was trading at $0.00223 Just when Bitcoin price rose temporarily above $9,000, DOGE price had also hit a fresh 30-day high at $0.00258 DOGE’s current trading price gains support from the 200-day MA as it is retesting support around $0.0022...