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The price of bitcoin fell sharply from $9,500 to $8,100 at 7 AM Central time on May 10, losing 14.6% in just 10 minutes. Since then, the price has recovered to $8800. As a result of a sudden drop, the volume of liquidations of positions on the BitMEX crypto derivatives exchange reached $226...
The team of Pavel Durov agreed to transfer part of the documentation about his crypto project Telegram Open Network for consideration by the SEC. That was reported the day before by business media concerning the press center of the American regulator. Reporters learned that Telegram is ready to...
Binance CEO Changpeng Zhao tweeted that critic of bitcoin and “golden bug” Peter Schiff speaks more about digital assets than about his favorite precious metal. Oddly enough, most Schiff followers are proponents of bitcoin and cryptocurrencies, which attack him whenever he discredits...
The Bitfinex crypto exchange launched a perpetual swap that allows traders to speculate on the dominance of bitcoin on the index. BTC dominance index - the share of BTC in the total crypto market capitalization - is a popular metric that many in the crypto community are following. The exchange...
Amun issued its BTCSHORT ERC20 token on May 6. The new currency allows traders to profit from a drop in the rate of BTC. This token will complement other Amun exchange-traded products (ETP), which are controlled by a 21Shares subsidiary. Hani Rashwan, Amun's CEO, commented that BTCS is structurally...
According to the former administrator of the Bank of China, Li Lihui, the launch of the digital version of the yuan is already inevitable. Regulated Token (CBDC) will replace cash in the future. China is currently testing the digital version of its currency. The largest companies and banks of China...
Ten years have passed since the birth of cryptocurrencies and since the publication of the Bitcoin White Paper, blockchain technology has not stopped evolving. At the same time, the way of working to obtain better productivity has also undergone a drastic evolution. Things have changed a lot...
The team of Pavel Durov decided to ban American investors from participating in the TON crypto project for another year. In specific, it was stated that Telegram sent a letter to American investors, in which it stated that they could not remain for another year in the TON project. Thus, US players...
The Venezuelan administrators say that Petro should be bargained for $ 80, although it can be found on the market at a price 10 times less. Venezuelan Petro was launched in 2018 to solve the problem of rampant inflation and economic shocks. However, the coin had more problems than expected. The...
In April, over 8700 wholly anonymous transactions were made on the Zcash network (ZEC) (an extension of almost 70% compared to February). According to ZcashCommunity, completely anonymous transactions accounted for 6% of the total number of transactions. In March, the number of transactions grew by...
In the Q1 of 2020, women's interest in the cryptocurrency sphere sharply increased. CoinMarketСap analysts said that in January-March, the number of female users of this service increased by almost 44%. For comparison, in the last quarter of last year, this number added only 15.5%. The highest...
Roughly on May 12, there will be a drop in the award of BTC miners or the so-called halving. In anticipation of this event, the amount of computing power used to extract cryptocurrency has approached 150 exams per second (EH/s). In early March, this figure reached 125 EH/s, however, after the cost...
The promise by the US Federal Reserve that it would print as much money as needed made Grayscale, the client’s asset management company, say that only Bitcoin is now the best investment against central bank policies. It should be noted that Grayscale currently manages assets of $ 3 billion and...
According to the director of the strategic development of the British company CoinShares, Meltem Demirors, investors began to become interested in bitcoin massively. The top manager associates such a trend with the approaching date of the so-called May Halving or the reduction of the block mining...
The head of Binance reported that today the "competitors" carried out targeted DDoS attacks on the platform in his Twitter. Earlier today, our Chinese domains experienced targeted DDoS attacks, and users saw some lag and interruption of network access. Based on the attack pattern, it...
The number of participants in the Chinese Digital Currency (CBDC) launch project continues to expand. The People's Bank of China announced that a startup specializing in the development of services based on AI is going to take part in testing the digital version of the renminbi. The SenseTime team...
Seychelles crypto derivatives exchange BitMEX will soon prohibit all users from Japan to use their platform. On Tuesday, April 28, the exchange announced that since April 30 it plans to restrict access to its platform for residents of Japan and prohibit existing users from placing orders from May...
The authorities of Ya'an, one of the cities in the Chinese province of Sichuan, issued a guide on the use of “strategic opportunities in the blockchain industry," which include the use of excess hydroelectricity. In December, China accounted for 65% of the world's bitcoin hashrate, and the...
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