Monthly Archives: February 2020

New Italian Fintech Startup Bitsa Adds XMR Support to Its Prepaid Card

Italy’s new crypto-powered debit card supplier Bitsa lets users spend privacy-focused altcoin Monero on its prepaid cards. Italy’s new crypto-powered debit card supplier Bitsa has just expanded its prepaid card with major privacy-focused altcoin Monero (XMR). By enabling Monero support on its Bitsa Card, the company unclocks “all types” of XMR-based card transactions in physical stores and online, including card-to-card transfers and Monero conversion to euro (EUR), Bitsa announced on Feb. 21. Launched in Q3 2019, Bitsa Card supports a total of 12 cryptocurrencies like Bitcoin (BTC) […]

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After Overnight Flash Crash, Here Are 5 Reasons Why Bitcoin Will Rally Again

Analysts and industry executives lay out five major reasons to support bullish continuation for the Bitcoin rally. Bitcoin’s (BTC) price hit $9,260 on Feb. 20 and dropped to $9,350 on BitMEX the very next day. Analysts say these two pullbacks were liquidity fills and that the dominant cryptocurrency is likely to sustain its bullish market structure. Technical analysts and industry executives have laid out the exponential moving average golden cross, strong weekly support at $9,500, halving, liquidity fills and rising on-chain activity as the five main factors […]

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Tezos Price (XTZ) Losing Steam After Dropping to Ascending Trendline?

Tezos price is still in an uptrend but looks ready to pull back and consolidate after an amazing 199.52% rally. Over the past week, Bitcoin (BTC)and altcoins have taken a serious hit and currently, Bitcoin is still down 7.09% since topping out at $10,485 on Feb. 13. Many altcoins that bore the brunt of the sharp correction are still nursing their wounds and the double-dip correction of the past week appears to have investors cautious about piling back into cryptocurrencies.  Crypto market daily price chart. Source: Coin360 […]

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Brave Browser Wants the UK to Use GDPR to Crack Down on Google

Brave Browser wants the UK to Crack Down on Google Using GDPR or will take it to court. The team behind Brave Browser thinks that Google has an unfair competitive advantage due to its massive trove of user data. In a submission filed with the United Kingdom’s consumer protection agency, Brave argued that the country’s failure to enforce European data protection laws gives Google an unfair advantage. Brave’s stance In an interview with Cointelegraph, Dr. Johnny Ryan, Brave’s chief policy and industry relations officer, insisted that it’s […]

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First Ukrainian Bitcoin Exchange Launches Hryvnia-Pegged Stablecoin UAX

Ukrainian cryptocurrency exchange Kuna has launched a hryvnia-pegged stablecoin, UAX for open beta testing. In an apparent first, Ukrainian cryptocurrency exchange Kuna has released a stablecoin pegged to local fiat currency, the Ukrainian hryvnia (UAH). Dubbed UAX token, the new stablecoin is pegged to the hryvnia on a 1:1 ratio and is based on the Ethereum blockchain, according to an official announcement by Kuna exchange on Feb. 20. According to Kuna, UAX is now being tested by select Kuna users in an open beta that will last […]

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How to Find Your Nearest Bitcoin ATM

Cryptocurrency markets have experienced a few intensive weeks since the start of the year that took prices to 2020 highs in mid-February. The overall bullish sentiment is attracting more interest towards the crypto space. There are many ways to get started with Bitcoin but one the most accessible options is to find an ATM supporting coin purchases with local fiat. Also read: Bitcoin.com Partners With Mecon Cash, Enabling Withdrawal at ATMs Across South Korea Using a Crypto ATM Is an Easy Way to Get Into Bitcoin Bitcoin […]

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Vitalik Buterin Reveals Ethereum 2.0 Roadmap to Cointelegraph

Vitalik Buterin discloses the roadmap for ETH 2.0 to Cointelegraph, raises concerns for PoS systems and questions around the urgency for launch. Ethereum co-founder Vitalik Buterin discussed plans for Ethereum 2.0 during an exclusive interview with Cointelegraph on Feb.19 at the Stanford Blockchain Conference. Buterin explained that the major development for ETH 2.0 over the course of this year is the launch of Phase 0. He said: “Phase 0 is the first phase of the Ethereum 2.0 launch. This will release the proof-of-stake network, which will come […]

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Price Analysis Feb 21: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK

The current price action suggests that Bitcoin and Ether are likely to consolidate for the next few days before starting a directional move. Binance CEO Changpeng Zhao believes that the upcoming Bitcoin halving has not been priced in to the digital asset’s current price action. The reduction in miner rewards will increase the cost of mining each Bitcoin, meaning, miners are unlikely to sell below their cost of production.  Bitcoin’s supply will decrease with the halving but its demand has also been increasing, creating a situation where […]

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Fidelity International Invests in Hong Kong Crypto Company BC Group

Fidelity International, a spin-off of the U.S. asset management giant, made a direct investment into Hong Kong-based digital asset platform operator BC Group. Fidelity International has acquired a stake in BC Group, the operator of OSL, one of Asia’s largest digital asset platforms for institutions. The company purchased 17 million shares for a 5.6% ownership position. The purchase was revealed by a Hong Kong Stock Exchange (HKEx) disclosure filed on Feb. 17. The actual transaction occurred on Feb. 12. Fidelity International is reported to have purchased HK$110.5 […]

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Ravencoin Community Clash Over Mining Algorithm Continues

Despite hard forking five months ago to resist ASICs, the Ravencoin community has found consensus surrounding its next algorithm. The Ravencoin community continues to argue over what mining algorithm the project should adopt in the future to best deter ASICs, despite Ravencoin conducting a hard fork intended to bolster ASIC-resistance just five months ago. Tron Black, Ravencoin’s lead developer, posted an update on Feb. 18 stating that “work is ongoing to test various alternative algos for mining Ravencoin.” He added that the campaign to change algorithms is […]

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