Binance, the world’s leading cryptocurrency exchange by volume, is also doing great in terms of profitability, its chief financial officer told CNBC. The statement follows one of the most extended bear phases in the cryptocurrency market, during which the industry lost almost one-third of its valuation. The…
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It has been nearly a week since the market rallied and broke through the $120 billion market cap. Bitcoin, which was leading the race, broke its short-term resistance position of $3,600. Despite this happening nearly a week ago, the crypto leader, and the wider market by extension…
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After achieving a high of $123.18 billion, not seen since mid-January, and following last week’s bullish $9 billion top-up on the global market cap, proponents were hoping for yet another uptrend. However, the market seeped backward to drop to $120.2 billion. Bitcoin Cash [BCH], has been pushed…
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Last year saw a lot of banks in the finance industry adopt blockchain-based solutions and as the technology blockchain becomes more sophisticated, it is expected to spread across various industries throughout this year. Trying to predict the future isn’t an easy thing to do but the guys…
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Bitcoin, the largest cryptocurrency in the crypto universe, has facilitated yet another development making use of the Lightning Network as Luke Dash Jr, a Bitcoin Core Developer, has put forward the idea of shrinkage of the Bitcoin’s chain block size down to 300kb. The concept to reduce…
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JP Morgan Chase has created the first bank-backed cryptocurrency in the United States. Dubbed the JPM Coin, the new crypto will target the instantaneous transfer of payments between institutions. The bank is one of the biggest wholesale payments processors in the world, moving more than $6 trillion every…
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FortuneJack is one of the most known names in the cryptocurrency industry. It’s a long standing gambling site that is run by a team of professionals. The platform is most known for their poker game which can be played without needing to download any additional software. Recently,…
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Many expect the launch of the Bakkt platform later this year to boost institutional participation. Let’s consult the charts
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Financial expert Ric Edelman said that a Bitcoin ETF is “virtually certain,” while the SEC has “several legitimate thoughtful concerns that the industry has to overcome”
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A new report says that Bitcoin transaction fees have reportedly hit a four-year low, while last month transaction volumes reached a one-year high
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