Monthly Archives: November 2019

Friday Shows Bloodbath for Crypto Markets, Bitcoin Price At $7,300

The entire cryptocurrency market is bleeding heavily, with Bitcoin fighting hard to hold above the $7,000 price mark. Friday, Nov. 22 — Cryptocurrency prices are bleeding heavily, with some of the top-20 coins showing losses of close to 10% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) started the day just above the $7,600 price mark, when it suddenly started on another sell-off towards the $7,000 price level. The coin bounced off a local low of $6,800 in recent hours, before moving up to […]

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Finland Prepares For Bitcoin Ransomware Attack With Cyber Fire Drill

Finland is coordinating a simulated Bitcoin ransomware cyberattack on more than 200 Finnish cities and public organizations. The Finnish Population Register Centre is coordinating a simulated ransomware cyberattack on more than 200 Finnish cities and public organizations. On Nov. 22, Finnish news outlet Yle reported that participating cities and organizations are rehearsing how to respond when a group of hackers demands the participants pay ransomware during a series of simulated cyberattacks. As part of the operation, 235 public organizations were faced with an activist hacker group that […]

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Op Ed: Want to Learn How to Contribute to Bitcoin? Try a ‘Good First Issue’

Continuing the series on the various ways one can learn about the technical aspects of Bitcoin, in this article we will focus on good first issues in the Bitcoin Core GitHub repository. Bitcoin Core is widely recognized as the reference implementation for Bitcoin. Although the name “Bitcoin Core” wasn’t used until 2013, the client itself can trace its roots right back to the very first release by Satoshi Nakomoto in 2009. Other Bitcoin implementations like libbitcoin (C++), bcoin (Javascript) and btcd (Go) were created later.  Get to […]

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Global Debt Reaches New Highs — Is BTC a Solution or a Beneficiary?

“We’re way past the point where the bubble should have burst. It should have happened long ago. We’re in uncharted territory now.” Global debt has surpassed $250 trillion. That’s 320% of gross domestic product, announced the Institute of International Finance on Nov. 14. Emerging market debt also hit a record $71.4 trillion, 220% of GDP. This has set off alarm bells. After all, the projected year-end amount of $255 trillion is equal to $32,500 for each person on the planet, or $12.1 million per Bitcoin (BTC), as […]

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After Testing $7K — Is Bitcoin Price Finally Close to the Bottom?

Bitcoin price crashed below the 100-day moving average, leaving bulls no choice but to find a way to reclaim $7.6K in order to reverse the bear trend. Bitcoin (BTC) opened the day at $7,600 and began a sharp decline to find lows of $6,800 — a loss of just over 10%. Price has since been pushed back across $7,000 with buyers showing interest in prices below the $7K handle. The loss in Bitcoin valuation has dragged the entire market down with notable loser being Ether (ETH), which […]

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Price Analysis 22/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Several top cryptocurrencies have broken below their critical support levels, suggesting that this could be the start of a deeper correction. Fear gripped the markets on the news that Chinese authorities had raided the offices of the leading cryptocurrency exchange Binance. This negated all the positive effects that had accrued following President Xi Jinping’s endorsement of blockchain technology. Though Binance denied reports of any raids, price action within the sector has remained subdued. Daily cryptocurrency market performance. Source: Coin360 Naysayers will use these bearish moments to further […]

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Bitcoin.com Accelerates Cryptocurrency Adoption With Racer Endorsement

Luke Vanna and the Bitcoin.com car are competing for top honors in the Australian Toyota 86 Racing Series. Sports partnerships like this can introduce cryptocurrency to new audiences as well as attract more businesses to join the ranks of the many merchants already accepting bitcoin cash across the country. Also Read: Bitcoin.com to Launch $200 Million BCH Ecosystem Investment Fund Bitcoin.com in Australian Toyota 86 Racing Series This weekend, Luke Vanna will be competing in a car exclusively branded with Bitcoin.com’s logo and colors in the final […]

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Grayscale to Launch Diversified Crypto Fund for Public Trading in Apparent 1st in US

Grayscale Investments is launching its diversified cryptocurrency investment product DLC for public trading. American digital asset management fund Grayscale Investments is soon launching its diversified cryptocurrency investment product for public trading. Dubbed Grayscale Digital Large Cap Fund (DLC), the product includes five major cryptos including Bitcoin (ETH) and Ether (ETH), and will soon be available to trade on the over-the-counter (OTC) share trading marketplace OTCQX Best Market, the firm announced Nov. 22. Launched in 2018, DLC is an open-ended fund that provides market cap-based exposure to the […]

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US Deputy Treasury Secretary: Crypto Raises Questions on Self-Government

The U.S. Deputy Treasury Secretary argued that decentralized privately-issued cryptos can shift some functions of the state to the private sector. The United States Deputy Treasury Secretary argued that decentralized privately-issued digital currencies can shift some functions from the state to the private sector. Deputy Secretary of the Treasury Justin Muzinich presented his view on the emerging ecosystem of financial intermediation and digital currencies at an annual banking and payments conference in New York on Nov. 21. The keynote by Muzinich was published on the official website […]

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Morocco Plans to Expand Access to Financial Services With Fintech

Morocco is looking to expand access to financial services through the integration of blockchain technology into its financial sector. Morocco is looking to expand access to financial services through the integration of blockchain technology in the country’s financial sector. Speaking at the Africa Blockchain Summit in Morocco’s capital of Rabat, the country’s central bank governor Abdellatif Jouahri said that Morocco will deploy financial technology to enhance access to financial services, Morocco World News reported on Nov. 21. This fintech implementation will come as part of the country’s […]

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