Bitcoin Transaction Fees Spike 350% in a Month, as ETH Fees Decline
Oct26

Bitcoin Transaction Fees Spike 350% in a Month, as ETH Fees Decline

Bitcoin transaction fees are on the rise again. Fees shot up more than 350% during the last thirty days to Oct. 22. The most significant increase occurred in the last week, as the price of bitcoin soared on growing institutional interest. According to data by Bitinfocharts, it cost an average of $5.75 to send a transaction over the Bitcoin blockchain on Saturday, up from around $1.8 five days earlier. Fees peaked at $6.36 on Oct. 22,...

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Invest Smarter With King Mining
Oct26

Invest Smarter With King Mining

For any traders and investors, finding an effective and security investment place with high interest rates is a difficult problem. However, King Mining can meet with all of your requirements! Applying the development of blockchain technology, King Mining desires to bring you the easiest ways to make the biggest profits, the best quality service and the highest security! Cost-effectiveness King Mining cuts out intermediaries and...

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PayPal de-platforms conservative domain registrar over ‘alternative currency’
Oct26

PayPal de-platforms conservative domain registrar over ‘alternative currency’

Epik domain registrar claims the move is politically motivated to silence conservative voices. PayPal has terminated its services to domain registrar Epik, allegedly due to a risk of money laundering through its “alternative currency” Masterbucks, according to an article on Mashable. However, in a series of open letters, Robert Davis, Epik’s senior vice president of strategy and communications has suggested that the motive behind the...

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Ripple CEO Brad Garlinhouse opposes Coinbase’s ‘no politics’ policy
Oct26

Ripple CEO Brad Garlinhouse opposes Coinbase’s ‘no politics’ policy

Brad Garlinghouse said tech companies have an obligation to contribute to solving societal issues. Brad Garlinghouse, the CEO of blockchain-based payments firm Ripple, disagrees with Coinbase’s new policy restricting its employees from engaging in political discussions at work. Coinbase CEO Brian Armstrong first announced the ‘apolitical’ policy in a blog post on Sep. 27. He encouraged Coinbase employees to not indulge in political...

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Abra CEO’s portfolio is 50% Bitcoin as cash is ‘becoming worthless’
Oct26

Abra CEO’s portfolio is 50% Bitcoin as cash is ‘becoming worthless’

Abra’s CEO purportedly increased his holdings prior to Bitcoin touching new 2020 highs. The co-founder and CEO of major cryptocurrency company Abra is clearly bullish on Bitcoin (BTC). In an Oct. 23 tweet, Bill Barhydt, CEO of peer-to-peer payments platform Abra, claimed that he has significantly increased his Bitcoin holdings a few weeks ago. According to the CEO, Bitcoin now accounts for 50% of his total investment portfolio....

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Highest weekly close since early 2018: 5 Bitcoin price tips this week
Oct26

Highest weekly close since early 2018: 5 Bitcoin price tips this week

Another bullish start to the week comes as macro markets falter and one analyst says price growth will go “vertical” in early 2021. Bitcoin (BTC) starts a new week still at $13,000 and wholly unfazed by problems in the global economy — what’s in store next? Cointelegraph takes a look at the potential issues at stake for Bitcoin in the coming days. Banks to follow PayPal BTC adoption Last week’s announcement that payment giant PayPal...

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Survey: Most professional European investors bought digital assets or plan to
Oct26

Survey: Most professional European investors bought digital assets or plan to

Survey on professional investors finds that 36% have already bought crypto, as big pockets look to enter the market. To gain a deeper understanding of how professional investors feel about digital assets, Cointelegraph Consulting has published a 70+ page research report written by eight authors and supported by SIX Digital Exchange, BlockFi, Bitmain, Blocksize Capital, and Nexo. The Discovering Institutional Demand for Digital Assets...

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Stellar Lumen (XLM) Price Could Correct Lower, $0.08 Holds The Key
Oct26

Stellar Lumen (XLM) Price Could Correct Lower, $0.08 Holds The Key

Stellar lumen price traded to a new monthly high at $0.0878 against the US Dollar. XLM price is currently correcting lower below $0.0850 and testing the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0840 on the 4-hours chart (data feed via Kraken). The pair could correct lower, but the $0.0800 and $0.0785 support levels might provide support. Stellar lumen price is trading in...

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Scary Bitcoin volatility? $750M in BTC options set to expire for Halloween
Oct26

Scary Bitcoin volatility? $750M in BTC options set to expire for Halloween

The upcoming expiration of $750 million in Bitcoin options, which would occur on the last Friday of the month, coincides with other important dates. A big Bitcoin (BTC) volatility spike could occur by the month’s end as two major factors come into play. The BTC options market nears a massive $750 million expiration and the CME futures market’s open interest has also soared. When an options expiry nears, holders of options contracts...

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Harvest Finance puts $100K bounty on alleged hacker
Oct26

Harvest Finance puts $100K bounty on alleged hacker

Harvest Finance is actively tackling the apparent $24 million attack. Harvest Finance, a major decentralized finance protocol, has seemingly issued a $100,000 bounty in the aftermath of a $24 millon attack targeting its liquidity pools. In an Oct. 26 tweet, Harvest Finance said that there is enough data so far to identify the attacker, “who is well-known in the crypto community.” In addition to the BTC addresses which hold the funds,...

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40 Million Troy Ounces: Russia’s Gold Find Reaffirms Bitcoin as the More Scarce Asset
Oct26

40 Million Troy Ounces: Russia’s Gold Find Reaffirms Bitcoin as the More Scarce Asset

News of the discovery of approximately 40 million troy ounces of gold in Russia’s Siberian region is likely to boost the profitability of the country’s biggest gold producer, while adding to the supply of the “scarce” resource. Reports say the Polyus owned the Sukhoi Log contains 540 million tonnes of ore, which translates to an average of 2.3 grams per ton. The reserves, which will account for a quarter of Russia’s gold stocks, are...

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Ripple Price Analysis: Chances of Fresh Rally above $0.26
Oct26

Ripple Price Analysis: Chances of Fresh Rally above $0.26

Ripple price started a fresh increase after it cleared the $0.2500 resistance against the US dollar. The price is now trading well above the $0.2520 pivot level and the 55 simple moving average (4-hours). There are two bullish trend lines forming with support near $0.2520 and $0.2480 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to start a fresh rally if it clears the $0.2590 and $0.2600...

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TA: Ethereum Stuck Below $410, Why It Could Correct Sharply Below $400
Oct26

TA: Ethereum Stuck Below $410, Why It Could Correct Sharply Below $400

Ethereum is struggling to gain momentum above $410 and $420 against the US Dollar. ETH price might start a strong downside correction if it clears the $400 support. Ethereum is facing a couple of major hurdles near the $410 and $412 resistance levels. The price is currently holding the $400 support and the 100 hourly simple moving average. There was a break below a key contracting triangle with support near $412 on the hourly chart of...

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TA: Bitcoin Hesitates Above $13.2K, But 100 SMA Could Trigger Another Increase
Oct26

TA: Bitcoin Hesitates Above $13.2K, But 100 SMA Could Trigger Another Increase

Bitcoin price traded to a new monthly high at $13,352 before correcting lower against the US Dollar. BTC is currently trading nicely above the 100 hourly SMA and it could attempt another increase. Bitcoin is trading nicely above the $12,800 and $13,000 support levels. The price is holding gains above the 100 hourly simple moving average, with a positive angle above towards $13,300. There is a crucial bullish trend line forming with...

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Can Github Remove the Bitcoin Codebase? Recent Repository Takedown Has Proponents Worried
Oct25

Can Github Remove the Bitcoin Codebase? Recent Repository Takedown Has Proponents Worried

On October 23, the Microsoft-owned Github leveraged an ostensible DMCA takedown in order to remove 18 projects from the code-hosting portal. According to sources, the takedown stemmed from a request filed by the Recording Industry Association of America (RIAA). Github’s recent move has made the crypto community quite leery of the platform and some proponents are scared that cryptocurrency codebases like Bitcoin’s can be taken down by...

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