Illicit crypto transactions are getting more attention from the government
Sep19

Illicit crypto transactions are getting more attention from the government

The IRS has a strong interest in receiving information from informed whistleblowers about offshore crypto accounts and criminal crypto tax activity. The COVID-19 pandemic has forced governments worldwide to focus on bringing blockchain technology to their financial services, along with the needed regulatory upgrades to keep the burgeoning fintech industry clean. Related: Not like before: Digital currencies debut amid COVID-19 For...

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Analyst: 1,500 Bitcoins Lost Every Day, Less Than 14 Million Coins Will Ever Circulate
Sep19

Analyst: 1,500 Bitcoins Lost Every Day, Less Than 14 Million Coins Will Ever Circulate

A cryptocurrency analyst, Timothy Peterson claims that 1,500 bitcoins are lost each day meaning only 14 million BTC will ever circulate. The figure is at odds with the estimate of many organizations including Markets.bitcoin.com which place the figure at 18.5 million coins. Still, Peterson, who is the CAIA Manager at Cane Island Alternative Advisors, argues the merits of his assertions by pointing to how this average daily loss dwarfs...

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CoinEx Lists ONES Token First and Launches Initial Trade Offering with OneSwap’s Official Launch
Sep19

CoinEx Lists ONES Token First and Launches Initial Trade Offering with OneSwap’s Official Launch

OneSwap is a groundbreaking new DeFi project offering a decentralized exchange protocol on a smart contract, with permission-free token listing and automated market making. It offers multiple advantages over other swaps including the ability to preform limit orders and a user friendly interface that resembles familiar trading platforms. OneSwap now lists the ONES token first and launches an “Initial Trade Offering” on the popular...

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Unstoppable Domain’s co-founder had this to say about Facebook and the future of free speech
Sep19

Unstoppable Domain’s co-founder had this to say about Facebook and the future of free speech

Can you imagine a world with 40 Facebooks competing for you? Unstoppable Domains co-founder Bradley Kam believes that neither the anti-encryption bills nor the technology giants present a real threat to the future of the Internet. In his opinion, both, the governments and the giant platforms are helping to usher the era of the decentralized web, he told Cointelegraph: “There was a narrative in a popular narrative that the Internet was...

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New Bitcoin bull run? Whales and institutions accumulating, data shows
Sep19

New Bitcoin bull run? Whales and institutions accumulating, data shows

Data shows whales are not selling large amounts of Bitcoin at the current BTC price and institutions are accumulating BTC. As the price of Bitcoin (BTC) breaks past $11,100 on Sep. 19, whale activities and Bakkt’s all-time high volume suggests strengthening momentum. The 4-hour price chart of Bitcoin. Source: TradingView.com According to CryptoQuant’s Ki Young Ju, fewer whales have been sending BTC to exchanges. Historically, the data...

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Will the CME Bitcoin futures gap buyers at $9,600 be left in tears?
Sep19

Will the CME Bitcoin futures gap buyers at $9,600 be left in tears?

Bitcoin price has remained above $10,000 for some time, but will the momentum tip back in the bulls favor for a retest of the key multi-year resistance at $12K? The recent week has been relatively dull on the price movements of Bitcoin (BTC), as a slow upward trend was established after Bitcoin’s price found a footing at above $10,000. This rally then continued toward $11,000 on Sep. 18 but was pushed back by some short-term...

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NFT Digital Art That Changes With Bitcoin Price Volatility Sold for Record $101,000
Sep19

NFT Digital Art That Changes With Bitcoin Price Volatility Sold for Record $101,000

Matt Kane’s “Right Place & Right Time,” a non-fungible token (NFT) digital artwork that changes every day with the bitcoin price volatility, claims the artist, has been sold for a record 262 ether or $101,100 on blockchain platform Async Art. According to a description of the artwork on Async Art’s website, a new composition for the master is generated independently each day based on BTC’s volatility and price action from the...

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DeFi and healthcare: A trillion-dollar opportunity for the taking
Sep19

DeFi and healthcare: A trillion-dollar opportunity for the taking

When applied to healthcare, DeFi becomes a very fundamental disruption with the greatest impact. With today’s technological and medical advancements, quality, affordable healthcare should be a basic human right: healthcare for every single person, no matter their socioeconomic level or geographic location. The global size of the healthcare market was worth over a staggering $8.45 trillion in 2018 and continues to grow. With the onset...

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MCS, First Exchange to list TRON’s SUN and Klaytn’s KLAY Futures Contracts
Sep19

MCS, First Exchange to list TRON’s SUN and Klaytn’s KLAY Futures Contracts

Singapore, September 20, 2020 — For the first time in the industry, MCS (MyCoinStory), a global cryptocurrency derivatives exchange announced the listing of SUNUSDT futures contract on September 18, 2020. Just a day prior to this launch, KLAYUSDT futures contract was released on September 17, 2020, which also was the first futures contract listing in the industry. The SUN token used in SUNUSDT futures is the most distinguished...

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ArbiSmart Users Get What They Wished For, Good ROI and Newly Added USDT Support
Sep19

ArbiSmart Users Get What They Wished For, Good ROI and Newly Added USDT Support

In the crypto space, the term Decentralized Finance (DeFi) has become the buzz word of 2020 as interest continues to pick up in the space. While there are several financial services verticals that falls under the broad DeFi spectrum, the ones that allow investors to earn a steady stream of passive income is something that is sought by many. It is even more exciting if the service does not require them to constantly keep track of such...

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Bribery gets blocked: Stamping out corruption with blockchain tech
Sep19

Bribery gets blocked: Stamping out corruption with blockchain tech

In a world where all public records are stored on an immutable ledger, it would be difficult to be a corrupt government official. Some of the main functions of government institutions include redistribution of resources and maintaining official records. These are precisely the domains where blockchain technology — with its focus on facilitating secure, traceable transactions and maintaining immutable records to build trust — is...

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How a Spoof Turned Into a Media Hype About Bitcoin Cash
Sep19

How a Spoof Turned Into a Media Hype About Bitcoin Cash

An anonymous Bitcoin Cash (BCH) supporter says he deliberately started a spoof which successfully baited local media to report on the coin. The trick, which involved the use of 100 Bitcoin Cash tip stickers, only cost a total of $1,100 yet it managed to get BCH featured by media outlets in Bakersfield. Explaining the success of the ruse, the anonymous BCH supporter, who also goes by the name Bitcoin Man, says he printed “around 100...

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This Level Holds the Key to Bitcoin Soon Retesting the Critical $12k Level
Sep19

This Level Holds the Key to Bitcoin Soon Retesting the Critical $12k Level

Bitcoin faced a strong rejection at the pivotal $12,000 level after rallying to that resistance earlier this month. After failing to hold above $12,000, the coin plunged by just over $2,000 in the days that followed. At the lows, BTC traded for $9,800 — $2,200 below the local highs and $2,700 below the year-to-date highs at $12,500. Bitcoin could soon make another run at $12,000, though. An analyst says that the leading cryptocurrency...

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The Key Reason Why Ethereum Could Move Even Higher After 20% Bounce
Sep18

The Key Reason Why Ethereum Could Move Even Higher After 20% Bounce

While legacy markets and Bitcoin have rejected from local highs, Ethereum has been holding up well. Since the launch of Uniswap’s UNI token, the price of the leading cryptocurrency has surged around 6-7%. From the lows set earlier this month, the coin is up in excess of 20%, shocking some commentators who thought this market was on the verge of a bear trend. Ethereum is primed to move even higher in the days ahead. Related...

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Pinned below $11K, Bitcoin price plays second fiddle to Uniswap (UNI)
Sep18

Pinned below $11K, Bitcoin price plays second fiddle to Uniswap (UNI)

Bitcoin price still faces resistance at $11K as traders turn their attention to DeFi-tokens like Uniswap (UNI). As the weekend begins, Bitcoin (BTC) price continues to fluctuate between the $10,800-$11,000 range.  Cryptocurrency daily market performance snapshot. Source: Coin360 Some analysts would say the digital asset has lost momentum but a quick glance at the 1-hour or 4-hour chart shows Bitcoin chugging along sideways in a...

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