European Blockchain Ecosystem Needs €350 Million for the Next 18 Months
Jul06

European Blockchain Ecosystem Needs €350 Million for the Next 18 Months

A study report by Leadblock Partners, an appointed representative of Sapia Partners LLP, finds an accelerating growth of the European blockchain ecosystem. The findings of the Leadblock Partners study suggest European respondents have a funding need for €350 million for the next 18 months. The European Enterprise Blockchain start-up ecosystem is mainly composed of early-stage start-ups at the pre-seed to series A-stages. About 60% of...

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US Senator: Digital Dollar Must Beat Bitcoin, Digital Yuan
Jul06

US Senator: Digital Dollar Must Beat Bitcoin, Digital Yuan

During a hearing on the potential introduction of a digital dollar, Senator Tom Cotton claimed whatever the United States comes up with, it has to “be better than Bitcoin.” He also asserts it must be better than China’s digital yuan, which is currently in its pilot phase in the country. If it doesn’t, the dollar’s place in the “global payments system” may be at risk. The United States Debates The Introduction of A Digital Dollar Late...

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Telegram Will Shut Down the TON Testnet by August 2020
Jul06

Telegram Will Shut Down the TON Testnet by August 2020

Users will need to install their own testnet validators to continue using the network. Although Telegram has terminated its blockchain project, Telegram Open Network (TON), in May 2020, the TON test net has been apparently running for almost one year. In a July 6 update, the official TON development group on Telegram announced that it would be discontinuing its support of the test network for TON. Remaining TON validators will be...

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Record Bitcoin Options Market Volume Shows Institutions Keen on Crypto
Jul06

Record Bitcoin Options Market Volume Shows Institutions Keen on Crypto

Record surges in regulated Bitcoin options market volume signals increasing interest and participation from institutional investors. A CryptoCompare report published on July 6 has closely analyzed monthly trends in the cryptocurrency exchange market and found that crypto derivatives volumes have begun to taper off after peaking this May. Crypto derivatives volumes dropped 35.7% in June to $393 billion. Historical Monthly Derivatives...

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Three Signs That XRP Has Finally Found It’s Bear Market Bottom
Jul06

Three Signs That XRP Has Finally Found It’s Bear Market Bottom

XRP continues to sink, as does the stomachs of investors who have held the altcoin as a loss for over two years running. All that loss and suffering could soon come to an end, due to a number of signals that could indicate the asset has finally found a bottom. Remembering The Ups and Downs of Ripple Investment Cryptocurrencies like Ethereum, Litecoin, and Ripple are bound as one-half of trading pairs to either USD or BTC. Because...

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Is 2020 The Year For Blockchain In Healthcare?
Jul06

Is 2020 The Year For Blockchain In Healthcare?

Blockchain technology wasn’t just created for cryptocurrencies and crypto mining, although many of you might think so.  Blockchain tech promises to be so much more than just the backbone of crypto. The technology is already making an impact on the education sector and is even making waves on a regulation level. Blockchain technology wasn’t just created for cryptocurrencies and crypto mining, although many of you might think so. ...

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3 Big Blockchain Companies Teamed Up on a DeFi Product That Pays Passive Income
Jul06

3 Big Blockchain Companies Teamed Up on a DeFi Product That Pays Passive Income

Cosmos, Polkadot, and Terra have announced “Anchor.” In a special announcement made at the Unitize conference on July 6,  Cosmos, Polkadot, and Terra revealed a new DeFi savings product called Anchor that aims to offer dependable interest rates on stablecoins deposits. The companies involved in the creation of Anchor plan to launch it across their respective blockchains at the end of Q3 this year and scale across to other PoS...

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IPOs Are ‘Really Not Worth It’ Says Tim Draper
Jul06

IPOs Are ‘Really Not Worth It’ Says Tim Draper

Serial blockchain investor Tim Draper welcomes diversity in terms of funding blockchain and crypto startups. Tim Draper, a famous American venture capitalist and serial cryptocurrency investor, believes that initial public offerings, or IPOs, are not the best source of funding for industry firms. The billionaire investor joined the Unitize conference on July 6 to talk about investing in early stage blockchain startups. Draper’s...

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Where 2020 Will Take Bitcoin And Its Applications
Jul06

Where 2020 Will Take Bitcoin And Its Applications

Some people are going to be curious about where 2020 will take the crypto space. This leaves others wondering about the power of blockchain. Many crypto enthusiasts will highlight open-sourcing code as a way to signal intent to be a team player. Some people are going to be curious about where 2020 (and this next decade) will take the crypto space and specifically, Bitcoin. This leaves others wondering about the power of blockchain and...

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Bitcoin Volatility Hits Three-Year Low, Sparking Fears of Massive Sell-Off
Jul06

Bitcoin Volatility Hits Three-Year Low, Sparking Fears of Massive Sell-Off

The cryptocurrency data analytics and research company, Skew has warned that bitcoin could see a massive sell-off due to declining volatility. The data analytics firm says that bitcoin (BTC) realized volatility hit 20% over the past 10 days – it’s the lowest 10-day reading in nearly three years. “Last time we reached that level, we had the great sell-off of November 2018 shortly after,” Skew cautioned on Monday. Back then, the price...

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Three Female Binance Award Nominees Get Blocked From Instagram
Jul06

Three Female Binance Award Nominees Get Blocked From Instagram

Three female crypto influencers were “deplatformed” from Instagram after critiquing the Binance Influencer Awards. Rachel Siegel, also known as CryptoFinally, was recently the only woman nominated for the Binance Influencer Awards. She alleges that she and two fellow female crypto influencers were deplatformed from Instagram following their criticism of the underrepresentation of women in the Blockchain industry. The other women who...

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Bitcoin is on the Cusp of Printing a MACD Bull Cross as Stock Market Rallies
Jul06

Bitcoin is on the Cusp of Printing a MACD Bull Cross as Stock Market Rallies

Bitcoin was able to post a bullish reaction to its recent dip below $9,000, with its buyers sparking a rally that sent it as high as $9,300. Although this rally has not confirmed any type of notable technical breakout, it has helped shift some of the benchmark cryptocurrency’s technical indicators into the favor of bulls. One analyst is now noting that the crypto is flirting with posting a MACD bull cross. This technical pattern – if...

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Can Millennials Help BTC to Reach New Heights?
Jul06

Can Millennials Help BTC to Reach New Heights?

According to some analysts, bitcoin is stuck in a dark place, but millennials can potentially pull the world’s number one cryptocurrency by market cap out of its present funk and help it reach new heights. Millennials Are the Answers to BTC’s Present Problems As it stands, many crypto experts and analysts see millennials as the answer to many of bitcoin’s problems. One of the biggest issues for BTC at the time of writing is that it is...

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Price Analysis 7/6: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, CRO, EOS
Jul06

Price Analysis 7/6: BTC, ETH, XRP, BCH, BSV, LTC, ADA, BNB, CRO, EOS

Bitcoin and altcoins pushed higher today and many are showing signs of a possible trend reversal. The U.S. equity markets, gold, crude oil and the crypto markets are all up today. This shows that the U.S. investors have returned from the holiday weekend charged up and ready to buy assets to fight the likely devaluation in the U.S. dollar due to the Federal Reserve’s current monetary policy.  Sino Global Capital CEO Matthew Graham...

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How Bitcoin Is Becoming Both Resistance Money and a National Security Concern
Jul06

How Bitcoin Is Becoming Both Resistance Money and a National Security Concern

Meltem Demirors and Andy Bromberg spoke at a Unitize panel on the future evolution of Bitcoin and how geopolitics is beginning to enter the ecosystem. In little more than 10 years, Bitcoin (BTC) grew from a small cypherpunk community to a matter of national security with vast implications for geopolitics. At the Unitize panel titled “From Bitcoin to Fedcoin: The Next Decade of Digital Money,” Meltem Demirors, CSO of CoinShares, and...

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