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Demand for 'Internet Dollars' to Increase - Circle CEO; Not All Celebrate


While the current Covid-19 pandemic is already hurting the global economy, it's actually beneficial for stablecoins, and it's proving that they work, claims the CEO of crypto financial services firm Circle, Jeremy Allaire. Not all stablecoins have had a reason to celebrate though. With the rise...

Attempts to Increase Bitcoin's Supply Would End Up With Another "Bitcoin"


A famous painting by a Belgian Surrealist artist, René Magritte. It says: This is not a pipe. Bitcoin's supply cap is one of its biggest selling points. Limiting the network to almost 21 million BTC, the cap makes Bitcoin a ‘deflationary’ currency. Naturally, people have been questioning whether...

This Major Airline Bets on Crypto Payments as Means to Increase Profit


Norwegian, the low-cost air carrier headquartered in Oslo, Norway, is set to allow customers to pay for air tickets using cryptocurrency within the year and hopes it will help to improve results of the company, an interview with the CEO of crypto exchange Norwegian Block Exchange (NBX) suggests. In...

Bitcoin Consolidating Losses While Altcoins Start Fresh Increase


Recently, there was a downside extension below the USD 9,650 support, but bitcoin found support near USD 9,550 and USD 9,500. As a result, it started a short term recovery above USD 9,700 and it is currently (09:00 UTC) consolidating below the USD 9,850 resistance area. On the other hand, many...

Trump Views Crypto a Threat, Proposes Countermeasures in New Budget


The White House released the Budget of the U.S. Government on Monday, outlining some proposals to increase cryptocurrency oversight which President Donald Trump views as priorities. The budget proposes giving the Treasury more power over crypto and requests funding for FinCEN to expand its efforts...

Bitcoin Verde’s New Project Aims to Promote Bitcoin Cash Node Diversity


Software developer Joshua Green announced Friday via the read.cash blog that the Bitcoin Verde team is launching a project to increase mining diversity. Green believes all the Bitcoin Cash implementations should “strive to be viable mining alternatives” and he’s encouraging full...

Everybody’s Staking But Who’s Using Proof of Stake Blockchains?


The primary use case for staking blockchains is staking. That is their raison d’être, and thousands of cryptocurrency holders have utilized this provision to increase their holdings by earning staking rewards. As the total amount of staked tokens trends towards 80% for some blockchains...

Bitcoin Cash Sees Mining Pool Shift and Hashrate Surpass 4 Exahash


While people have watched the BTC network surpass 100 exahash per second (EH/s), Bitcoin Cash (BCH) has been steadily gathering hashrate as well. Since the November 15, 2018 blockchain split, which produced the Bitcoin SV (BSV) chain, BCH hashrate has jumped by more than 3x. Bitcoin cash is often...

Kraken Reveals 49% Increase in Law Enforcement Investigations


The publication of crypto exchange Kraken’s 2019 Transparency Report has provoked discussion about the scale of government surveillance. According to the report, Kraken received 710 requests last year (or two per day), impacting approximately 1,222 accounts. The report provides further...

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