February 11, 2020

Bitcoin Lightning Network nodes rose by 105%; Europe, North America lead

The Bitcoin ecosystem has been adaptive to various technologies, with many of them intent on solving Bitcoin‘s utility; one of them is Lightning Network. Bitcoin’s Lightning Network was introduced as a second layer technology to execute micropayments instantly and at low costs. However, there has been a constant debate about whether or not Lightning has...
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Turkey might be the next crypto-powerhouse, reveals OKEx report

Turkey has become a crypto-hotspot lately and this is no longer a secret. The hyperinflation of the nation’s fiat currency, the news around the digital lira, and the freezing of millions of bank accounts in 2019 have all contributed to this narrative. In fact, the Turkish government had also listed blockchain adoption as part of...
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What “Secrets” Do Cryptocurrency Exchanges Hide?

Like most businesses, cryptocurrency exchanges are not always upfront with their practices. Some try to keep a level of transparency in order to maintain their appeal and reliability for their customer base, but there are certain things they do not disclose. We will be looking into some of the undisclosed matters that go behind the...
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Bitcoin’s transaction fee needs to improve for miner’s profitability

The digital asset industry is perhaps the only asset class that is so susceptible to market sentiments and changes in geopolitical situations between different nations. Taking Bitcoin as a prime example; a significant part of the community attributed Bitcoin‘s price surge to the rise in tensions between the United States and Iran and the outbreak...
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Bitcoin’s Pre-Halving Rally Could Extend as Far as $20,000, Claims Top Analyst

Bitcoin’s intense 2020 rally is showing no signs of slowing down, with yesterday’s dip from highs of $10,200 to lows of $9,700 being met with an abundance of buying pressure that has now led its price to rally up to fresh 2020 highs. This momentum, which comes just months before the crypto’s highly anticipated mining...
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Bitcoin Price Soars as Jerome Powell Confirms Crypto’s Threat To U.S. Dollar

Bitcoin retook $10,000 Tuesday after Fed Chair Jerome Powell acknowledged the importance of blockchain development at the central bank. | Image: shutterstock.com The price of bitcoin jumped on Tuesday after Jerome Powell stressed that the Fed is investing a significant amount into digital currency developments. Adding fuel to the fire, Powell also acknowledged how quickly...
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Monero dominates privacy coin market as Zcash, Dash follow suit

Though Bitcoin is quite heavily misadvertised as an anonymous payment network, it is actually one of the more transparent crypto-networks to transact on. In the early days of cryptocurrency, when KYC and AML regulations weren’t as strict as they are now, it was easier to conduct Bitcoin transactions which couldn’t be traced back to criminal...
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Chainlink Price Analysis: LINK Surges 13% In A Day As Bitcoin Regains Momentum

LINK is trading at a crucial resistance area after seeing gains of 13%. Chainlink is technically bullish across trading pairs but still facing a tough level at the immediate resistance. A pullback is likely if Link fails to overcome the current trading level. LINK/USD: Link Could Be Ready For Huge Rally But Still Waiting For...
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150% In 3 Months: Is The Recent Tezos (XTZ) Price Surge For Real, Or Is It a Gigantic Staking Bubble?

Tezos (XTZ) price is up more than 100% since the beginning of 2020. It’s one of the best performing cryptocurrencies and has managed to enter the top 10 projects by market-cap as its market capitalization reached upwards of $1.9 billion. However, given the notorious history of most existing cryptocurrencies, people remain somewhat hesitant of what...
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China’s attitude could influence global crypto-regulations

They say the opposite of love is indifference; and if one thing has been made clear over the last few years, it is that governments and regulators are no longer indifferent toward cryptocurrencies. Countries like China are announcing national CBDCs left, right and center, while regulators across the world have started becoming more receptive, introducing...
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Canada Joint Venture Launches Stablecoin Pegged To The Canadian Dollar (CAD)

Canadian joint venture has launched a new stablecoin pegged to the Canadian Dollar (CAD). Dubbed QCAD, users can trade it against Bitcoin, Ethereum, and USDC, and it’s supported by cryptocurrency custodians Balance and Bitvo. Canada’s First Stablecoin – QCAD Announced earlier today, QCAD is built on top of the Ethereum blockchain, and it’s based on...
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BSV Price Analysis: Will Bitcoin SV Reach ATH Again Within 30 Days?

The crypto industry is readying itself for the upcoming Bitcoin Halving coming in May 2020. In anticipation of the upcoming event, Bitcoin and its family are showing great results. Bitcoin is nearing the $10K price range. Even, Bitcoin Cash is trading in green zone displaying Bullish sentiment.  However, Bitcoin SV is excelling in the price...
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These Countries Are Ready to Launch Their Own Cryptocurrencies in 2020

Recently, there have been many talks regarding CBDCs – Central Bank Digital Currencies. These national cryptocurrencies are expected to be one of the main trends of 2020. But why create a national cryptocurrency? The need for a national cryptocurrency stemmed from the fact that governments wanted to keep citizens from relying on decentralized currencies that...
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Bitcoin worth $117 million moved between PlusToken wallets

The infamous PlusToken Ponzi scam that resulted in investors losing over $3 billion in cryptocurrencies like Bitcoin [BTC] and Ethereum [ETC] has reared its ugly head again. After a short hiatus, the scam artists have re-surfaced and moved $117 million in Bitcoin, within their addresses. Dovey Wan of Primitive Ventures called out the hefty 11,999.47...
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Blockchain Technology Grows in Different Industries

[PRESS RELEASE – Please see full disclaimer] In 2008, a world-wide financial problem became evident. With 1.7 billion adults that do not have access to banking services, there is a sector of the population that is in need of a solution or a revolution. Bitcoin, the first iteration of blockchain, was created with this goal....
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Indian Police Warns Against Dealing With Bitcoin And Other Cryptocurrencies

India remains one of the countries in the world with regulatory uncertainty when it comes to cryptocurrencies. While the Reserve Bank of India (RBI) has already clarified that digital assets are not illegal in the country, the Police department of Tamil Nadu has issued a fresh warning that the public should steer clear of cryptocurrencies.  ...
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Guide to Online Gambling with Ethereum

These days, cryptocurrencies are becoming more mainstream. So it’s no wonder that more gambling venues are offering options that allow punters to pay with cryptocurrency. Online casinos have been offering this facility for a while now. But even standard casinos are now offering table games that players can join in with and pay with Bitcoin...
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Bitcoin Price Analysis: BTC Drops Below $10,000, But If Holds This Price Level – New 2020 Highs Might Come Very Soon

Good things don’t come up so quickly. This is what happened with Bitcoin, following the first time in four months that the coin had crossed the $10,000 mark. Two days ago, following the 10K break, we saw it rising a bit more but getting rejected before the next critical resistance price level at $10,300 –...
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Bitcoin Price To Reach $40,000 Before Dow Jones Hits 40K, Tom Lee Says

Fundstar Global Advisors Managing Partner, Tom Lee, continued with his positive predictions regarding the price of the largest digital asset. In a recent interview, he said that Bitcoin will reach $40,000 before the popular stock market index, the Dow Jones Industrial Average (DJI), gets to 40,000. Bitcoin Price To $40,000 Lee is among the most...
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How To Choose The Best VPN For Cryptocurrency Trading?

Cryptocurrency offers privacy, as it is a virtually untraceable payment method. The technology supporting these currencies is highly secure, which is another draw for those interested in cryptocurrency trading. Cryptocurrency trading is the practice of trading one cryptocurrency for another. People use this form of trade to enhance their crypto-wealth by making the correct market...
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Ripple Price Analysis: XRP Fails To Break Above $0.28 But Appears Stable Against Bitcoin

The rollover for XRP continues today with a further 2.15% price drop, bringing the price for the coin down to $0.27. XRP is showing some signs of stabilizing at the 2750 SAT level against Bitcoin. Despite the recent price fall, the cryptocurrency is still up by a total of 26% over the last 30 days....
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Binance Adds Peer-to-Peer Trading For The Russian Ruble (RUB)

Binance, the world’s leading cryptocurrency exchange, adds peer-to-peer trading for the Russian Ruble (RUB). From today, traders will be able to transact with zero fees on the exchange’s P2P platform. Binance Adds P2P Support For The Russian Ruble In a press release shared with Cryptopotato, Binance, the world’s leading cryptocurrency exchange, announced that it will...
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Bitcoin, CBDCs are on opposite ends of the spectrum: Meltem Demirors

Discussions around central bank digital currencies [CBDCs] have intensified over the last couple of months, especially since China accelerated its plans to launch its own CBDC last year. In fact, talks about CBDCs even found a place at the WEF in Davos this year. While many lawmakers had previously chosen to proceed with caution, with...
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Belgium FSMA urges for crypto regulations fearing rise in fraudulent activities

Belgium’s Financial Services and Markets Authority (FSMA) is pushing the government to bring regulations for digital currencies, according to a recent report. In a Senate hearing on Feb 10, Jean-Paul Servais, chairman of FSMA, urged lawmakers to establish a legal framework for the sale, purchase, and use of virtual currencies and all related financial products....
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