Bitcoin struggles against resistance at the 0.5 Fibonacci level after a brisk bounce off its 50-day moving average as support. Is a drop to $8,000 next? Bitcoin’s (BTC’s) price has been choppy since its October spike to $10,350, giving no clear indications of where its trend will head next. Overall, crypto’s pioneer asset has been fairly uneventful, with many price fakeouts.  Bitcoin’s daily candle bounced off its 50-day moving average (MA) as support on Nov. 12, although the industry’s flagship asset once again faces resistance at its […]

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Luxembourg-based cryptocurrency exchange Bitstamp has hired Andrew Leelarthaepin to lead its business development efforts in Asia. Luxembourg-based cryptocurrency exchange Bitstamp has hired Andrew Leelarthaepin to lead its business development efforts in the Asia-Pacific (APAC) region. In a Nov. 13 press release, Bitstamp announced that Leelarthaepin was joining the company to further expand the exchange’s presence in Asia-Pacific “to meet the growing level of demand for the exchange’s services.”  Bitstamp’s struggle to establish a local presence in Asia Miha Grčar, global head of business development at Bitstamp, said […]

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Data analytics firm Messari closes a $4 million funding round led by Uncork Capital, with the participation of other top investors including Coinbase Ventures. Uncork Capital has led a $4 million funding round that also saw funding from Coinbase Ventures for blockchain analytics firm Messari. Who’s who of new investors On Nov. 13, Messari announced that it had closed a $4 million funding round led by Uncork Capital, with participation from other top investors including Coinbase Ventures, Anthemis Group, Blockchain Capital, CoinFund, and former Coinbase CTO Balaji […]

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While Bitcoin price action remains lackluster, altcoins are attempting to make a strong upside move. Although Bitcoin (BTC) is not showing any trending move, Bakkt and the Chicago Mercantile Exchange (CME) Group continue to roll out products designed to attract the large traders. Bakkt recently announced that it will add a cash-settled futures contract to its existing Bitcoin-settled contract. On the other hand, the CME group plans to offer options on Bitcoin futures after receiving the necessary regulatory approvals.  Bitfinex cryptocurrency exchange is also planning to launch […]

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After a number of 4.x beta releases here comes the XMRig 5.0.0 that is first stable unified 3 in 1 GPU+CPU release (first introduced in v4.5.0-beta), OpenCL support builtin into the miner and not require additional external dependencies on compile time, NVIDIA CUDA available as external CUDA plugin, for convenient, 3 in 1 downloads with recent CUDA version also provided (CUDA 10.1). This release is based on the 4.x.x beta series and include all features from v4.6.2-beta, so nothing that much new as features added in the […]

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Today Brave Software, makers of the innovative Brave browser which combines privacy with a blockchain-based digital advertising platform, announced the official launch of their Brave 1.0. The Brave open source browser, based on Chromium, intends to fundamentally shift how users, publishers, and advertisers interact online by giving users a private, safer, and faster browsing experience. At the same time also funding the Web through a new attention-based platform of privacy-preserving advertisements and rewards based on the BAT crypto tokens. In addition to desktop and Android devices, Brave’s […]

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Tron founder Justin Sun admitted to being one of the investors that recently acquired cryptocurrency exchange Poloniex from financial technology firm Circle. Tron (TRX) founder Justin Sun admitted to being one of the investors that recently acquired cryptocurrency exchange Poloniex from financial technology firm Circle. Sun said he was one of the investors who acquired the trading platform in a livestream published by the official Poloniex Twitter profile on Nov. 12. Furthermore, he noted that the exchange operates independently from his firm, the Tron Foundation. In October, […]

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