Monthly Archives: July 2020

Bitcoin Price Rally to $10K Has Not Shaken BTC Holders Yet — Data Shows

On-chain data shows Bitcoin’s recent surge to $10K is not pressuring traders to sell, meaning BTC could rally higher. Bitcoin (BTC) may have only held $10,000 for a matter of hours, but according to glassnode, an on-chain monitoring resource, this moon is not like others in 2020. On July 26 Glassnode uploaded surprising data about Bitcoin’s latest trip to five figures and suggested that the current journey above $10,000 will be much different than the last few. Bitcoin hodlers delay on selling at $10,000 As Cointelegraph reported, […]

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Blockchain Can Help Find a Cure for COVID-19

Bitcoin Depot’s Brandon Mintz says blockchain can help find a cure for COVID-19 which will play a big role in the technology’s adoption. The blockchain community is playing a significant role in helping to develop pharmaceutical drugs to combat COVID-19, as blockchain can bring immense computational power to confirm transactions, and generate new coins, according to Brandon Mintz, CEO of crypto ATM network, Bitcoin Depot. In an interview with Cointelegraph, Mintz highlighted that the biggest benefit blockchain brings to the table is “the security aspect of things,â€� […]

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Market Update: Crypto Cap Nears $300 Billion, BTC Hits $10K, ETH Rallies Hard

The digital currency economy is steadily approaching a $300 billion market capitalization, as a great number of coins have been seeing decent gains. Bitcoin touched a high of $10,135 on July 26, during the early morning trading sessions, but ethereum is outpacing the top crypto measured by market valuation. At the time of writing, the crypto economy is a force to be reckoned with as a number of digital assets have grown more valuable this week. Bitcoin (BTC) is hovering between $9,900 and $9,950 during the course […]

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Bitcoin Giveaway Scam Hits Popular Indian Youtuber

A popular Indian YouTuber’s gaming channel got hacked and scammers attempted to use the old Bitcoin giveaway trick to lure people. Ajey Nagar, a Popular Indian YouTuber with 6.7 million subscribers, is the latest victim of the ongoing BitCoin giveaway scam on Youtube. The hack happened on Nagar’s second Youtube channel- CarryisLive where he streams himself playing video games with YouTubers and celebrities.   Two Bitcoin giveaway scam promotional videos were reportedly posted on the channel. Both videos displayed bitcoin addresses. One of the videos also featured an […]

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Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, ADA, XMR, CRO

Bitcoin finally moved above the $10K mark and analysis suggests that BTC and altcoins will continue to rally together. The total crypto market capitalization has reached $300 billion for the first time since mid-February, which is a huge positive as it suggests increased investor interest in cryptocurrencies. The interest has largely been in smaller altcoins with Bitcoin (BTC) taking a back seat until early this morning.  Even Ether (ETH) recently joined the altseason party and once it broke out of its resistance the price skyrocketed higher. This […]

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Gaming Industry Use of Blockchain May Lead to Mass Adoption

Blockchain technology has the potential to create a new era of gaming and drive true adoption in the industry. Blockchain technology has recently become a phenomenon in various areas of the economy, driving innovation, fostering growth and bringing added value. Among the most noteworthy of these sectors is the gaming industry. Gaming is a use case that drives true adoption of blockchain technology by taking the incentive for the user from pure speculation to transactions on a blockchain platform. This drives innovation in development as well as […]

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Poloniex Adds DeFi Token Decentr

Crypto exchange Poloniex adds another DeFi token to its innovation zone. Crypto exchange Poloniex announced it has added the DeFi token Decentr to its DeFi Innovations Zone.  Decentr, an immutable platform that collects and secures user data, allows people to monetize their internet activity. Its native toke, DEC, is used to buy and sell data and, according to Poloniex, “helps to determine the value of users’ data.â€� Users can earn or lose personal data value, or PDV, based on the positive or negative interactions within the Decentr […]

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Visa Moving to Integrate With Digital Currency Platforms

Visa says it is working to integrate digital currencies with its existing global network of 61 million merchants. The global payments technology giant is working with two licensed and regulated digital currency platforms, Coinbase and Fold. In a blog post, Visa says the emergence of fiat-backed digital currencies or stablecoins promises a new payment innovation that combines the benefits of digital currencies with the “stability” of existing currencies like the US dollar. Explaining the company’s focus on delivering value to people, businesses and economies regardless of currency […]

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Blockchain-Based Smart City Project LImestone Plans for Token Listing

A Singapore blockchain-based smart city project in the Cambodian capital wants to list its native token on a crypto exchange. Limestone Network, a Singapore-based blockchain project for building smart cities, has announced on July 23 it will list its native token-LIMEX on Bitrue crypto exchange for trading.   According to the report, LIMEX will integrate an entire smart city’s applications such as property management, retail malls, payments, financial services, transportation, parking, F&B and entertainment, to create an intelligent urban ecosystem.  Leverage blockchain for data management and privacy  Limestone […]

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Ether Price Hits 2020 High: Key Reasons Why ETH Outperforms Others

The price of Ether has hit a new yearly high at $322, as three key factors appear to be catalyzing the rally. The price of Ethereum (ETH) has reached a new yearly high at $322, surpassing the previous high achieved in February 2020. Three key catalysts are seemingly behind the ETH rally. Since early 2020, the anticipation of Ethereum 2.0, which would enable staking for users, pushed the demand for ETH upward. Staking allows users to receive incentives when miners are eliminated from the Ethereum network. A […]

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