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Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison and fines of up to $7,000 for […] The post Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail appeared first on Bitcoin News. origin »
Ethereum, just like many other cryptos including Bitcoin, has been trading sideways for basically the past month. Currently trading at $207 after a decent bull break yesterday, Ethereum eyes up to $217 again, a key resistance level before $220. origin »
Over the last three months, Grayscale Investments bought up to 33% of all newly minted bitcoin. The asset manager continues to stockpile the world’s leading digital asset for its clients having added nearly 70,000 BTC to its Bitcoin Trust Fund between February to May 17, reads a researcher’s post on Reddit. The researcher noted, “The […] origin »
In the current macro backdrop, both bitcoin and gold have recorded an increase in their prices. Earlier this month, macro investor Paul Tudor Jones said bitcoin reminds him of gold in the 1970s and that bitcoin is the best bet in the ‘The Great Monetary Inflation. origin »
Justin Sun?s attempt to take a dig at Ethereum 2.0 with his poll goes terribly wrong origin »
Prominent crypto investor Micheal Terpin admits that he deliberately waited to bring SIM-swapping teen Ellis Pinsky to justice origin »
In the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural beginnings, directed only to the most obvious of these opportunities. origin »
Despite the world’s turmoil, BitMEX CEO Arthur Hayes still dedicates time to study the market. While listening to finance gurus, he writes down important thoughts to share. One biggest insight is that negative interest rates could destroy the banking system. origin »
Bitcoin has come out of the weekend looking strong. Last week was marked with violent volatility that ended with Bitcoin going into the weekend just above critical support. Last week’s volatility saw Bitcoin drop from the $9,800 resistance to support of $8,800 in a matter of hours. origin »
After rallying 5% from the weekly lows, the Bitcoin bull trend has petered out once again. This weakness culminated in a drop below $9,000 just minutes ago, marking the lowest price BTC has traded at in approximately three days. origin »
After the bitcoin block reward halving on May 11, Glassnode.com statistics show the BTC hashrate is 90 EH/s or so on May 22. The overall SHA256 hashrate lost around 47 EH/s. Due to the electrical shortages, some mining machines have been forced to shut down to avoid more losses. From the image below, we can […] origin »
The price of bitcoin and a number of other popular cryptocurrencies have been collectively holding a market valuation of around $255 billion. The fiat value of these cryptocurrencies has slipped downwards during the last four days. origin »
XRP, like most other altcoins, has been caught within a bout of sideways trading throughout the past several days and weeks The cryptocurrency’s rangebound trading may not last long, however, as analysts are now noting that it could be poised to see some major downside in the days and weeks ahead Its next notable decline could be sparked by a bull trapping movement higher Some analysts are even pointing to a fractal that suggests new […] origin »
Bitcoin has been firmly caught within a bout of consolidation over the past few days, largely hovering within the lower $9,000 region It appears that it is decision time for the cryptocurrency, as how its ongoing period of sideways trading resolves could set the tone for where it trends in the weeks ahead This next movement could be quite drastic, as some analysts are noting that it could result in a $1,000+ candle Bitcoin has […] origin »
Bitcoin has seen some intense selling pressure today following a bearish resolution to its long-held bout of sideways trading The cryptocurrency is now at risk of seeing further selling pressure as it struggles to defend a key support level Analysts are noting that it may decline as low as $8,500 in the hours and days ahead as it struggles to maintain its multi-week uptrend Bitcoin is now trading right above its key support level at […] origin »
NullTX is proud to introduce its fortnite gaming platform at gaming. nulltx. com. The platform is built for Fortnite players looking to grow their socials and connect with other like minded Fortnite players. origin »
Just nine weeks ago, the crypto market fell off the face of a cliff. Within 24 hours, from the peak to trough, the price of Bitcoin fell by more than 50% from ~$7,600 to $3,700. It was a move caused by a global liquidation event in all markets, triggered by a run for cash to... origin »
An infamous character, known for declaring that he invented Bitcoin, Craig Wright has been the focal point of several drama bouts in the cryptocurrency community. And with the latest commotion... The post Could Craig Wright Be Satoshi Nakamoto? Probably Not appeared first on Crypto Briefing. origin »
Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. origin »
The World Economic Forum has finally revealed Presidio Principles called the ‘Blockchain Bill of Rights’ on Friday after teasing about it for quite some time. These new principles, which would focus on forming international partnerships and fostering diplomacy across countries for creating Digital Economy 2. origin »
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. origin »
Coinspeaker BitMEX Gets Stuck in Lawsuit, Is It Time to Leave for Good?Crypto trading platform BitMEX has lately been fully involved into lawsuits. Due to this fact some users are starting to think of moving to other exchanges. origin »
According to JP Morgan Chase & Co., if the idea of central bank digital currencies (CBDC) gains traction, the US can risk losing its geopolitical power. “There is no country with more to lose from the disruptive potential of digital currency than the United States,” wrote analysts including Josh Younger, head of U.S. interest-rate derivatives […] origin »
Coinspeaker OKEx, Huobi, and Upbit Join Messari Top 10 ‘Real Volume’ MetricMessari has released a new set of top trading cryptocurrency exchanges. This time it has added 10 new exchanges to its ‘real volume’ metric. origin »
Coinspeaker MRNA Stock Up 2. 69%, Is Coronavirus Vaccine Just Tip of the Iceberg for Moderna?Moderna (MRNA) stock price keeps rising today. Dr. Anthony Fauci is rather optimistic about the coronavirus vaccine candidate that is being developed by Moderna. origin »
Coinspeaker I Prefer Tesla Stock to Ford, Says Jim Cramer on Lightning RoundJim Cramer has explained why he believes in the potential of Tesla (TSLA) stock even amid the coronavirus crisis. origin »
Bitcoin’s on-chain data holds the key to understanding investor behavior. If interpreted correctly, the top indicators can provide investors with an edge in making investment decisions and improving their Bitcoin... The post 3 More On-Chain Metrics to Upgrade Your Bitcoin Trading appeared first on Crypto Briefing. origin »
Tron founder and CEO Justin Sun is yet again challenging his nemesis Vitalik Buterin co-founder of Ethereum with the latest announcement. On May 23, Sun took to Twitter to write three magical words that got both sides to start dissing each other. origin »
Bitcoin bulls have been fighting to break $10,000 for months now. Bitcoin has been rejected several times from this doomed level, however, the last time that happened, just 2 weeks ago, bears had a lot of continuation but the bulls managed to buy the dip and push Bitcoin back above $9,000 and tried to break […] origin »
Coinspeaker Bitcoin Price Consolidates Above $9,000 Now as This Week Is Coming to an EndAfter having fallen to around $8,900, Bitcoin price now is around $9,160. Since Monday teh asset has lost over $300 of its value. origin »
Over the past day, the total share of three mining pools, F2Pool, AntPool, BTC.com, exceeded 50% of the bitcoin hashrate. Such a redistribution of forces threatens to reduce the level of decentralization in the network. origin »
One Ethereum forum hacker is claiming to have the databases for Trezor and Ledger plus other precious information. The databases are said to be obtained through a Shopify exploit. The hacker also claims to have the full SQL database for BankToTheFuture. origin »
The effects of the global pandemic have come to change the way businesses operate and how people behave. It is important to note how cryptocurrencies have come to revolutionize how people interact financially. origin »
The Tether Treasury has been issuing USDT in record numbers for the past few months. Much of this USDT has gone to TRON (TRX) which now has over 2. 2 billion USDT on its network. TRON’s controversial CEO, Justin Sun, recently touted the milestone on Twitter. origin »
Bitcoin Cash (BCH) fundamentals are still in decline more than a month after its first block reward halving event. Tweeting on Sunday, Yassine Elmandjra, an analyst at the investment management firm ARK Invest revealed that Bitcoin Cash fundamentals are continuing in their post-halving downward spiral. origin »
A virtual currency business licensing bill (HB701) sponsored by state Rep. Mark Wright was cleared unanimously by the state House of Representatives and now has been forwarded to the Senate Committee on Commerce, International Affairs, and Consumer Protection. origin »
The leading spot exchange Binance has received a request to upgrade the STEEM network to version 0.23. This controversial hard fork earlier this week aimed to freeze 23.6 million STEEM tokens worth $5 million of 65 accounts and reduce the un-staking time to 4 weeks from 13 weeks. In an attempt to prevent the takeover […] origin »
More and more, the free and open Internet that we remember is becoming the ultimate surveillance network. Between governments spying on us and online marketers gathering and selling our data, it makes sense for us to do everything we can to protect our privacy when we are online. origin »
The Ethereum network is set to undergo its Istanbul fork. That is a very interesting development, but similar to most other forks on this network, many network nodes are upgraded at the last minute. origin »
Coinspeaker Microsoft Reveals a Lot of News at Its Build 2020 ConferenceMicrosoft has highlighted its most important plans during the annual conference for software developers Microsoft Build 2020. origin »
A well-known hedge fund manager has warned that governments may ban private gold ownership. He explained that central banks may attempt to demonetize gold, making it illegal for private individuals to own, as the authorities lose control of inflation amid the coronavirus-led economic crisis. origin »
Coinspeaker Hong Kong’s Hang Seng Index Plunges 5. 5% as Beijing Plans to Impose New Security LawsChina is poised to pass new national security laws for Hong Kong that could plunge the semi-autonomous territory into its deepest turmoil since it returned to Chinese rule in 1997. origin »
Coinspeaker AMZN Stock Falls 0. 14% after Hitting Record as Amazon Prime Day Shifted to SeptemberAmazon (AMZN) stock price is falling as it has become known that the retail giant took a decision to postpone Amazon Prime Day to September. origin »
Ethereum, XRP, and Litecoin are holding above key support levels, suggesting that a bullish advance is not off the table yet. Support Levels for Etheruem, XRP, and Litecoin Crypto Briefing... The post There’s Still Hope for Ethereum, XRP, and Litecoin appeared first on Crypto Briefing. origin »
Coinspeaker TSLA Stock Down 0. 3% Now but Still Above $820 as Tesla Returns to Normal Operation in U. S. Tesla (TSLA) stock is slightly down in the pre-market. The company said that its operations are returning to be practically normal in the Fremont factory. origin »
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African country. origin »
Surfing the web unprotected is dangerous. Even on a trusted network, websites you visit will track your session, serving you tailored and often annoying adverts, and collecting data about the sites you visit. origin »
Russian State Duma parliamentarians proposed imprisonment for up to seven years for cryptocurrency turnover. At the same time, they call for legalization of blockchain projects tokens considered as unregistered securities in many countries. origin »
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