Cryptocurrency news

• US Woman Funding ISIS With Bitcoin Gets 13-Year Jail Sentence

  13-03-2020 23:06 via cointelegraph.com
  
  U.S. citizen gets 13-year sentence for funding ISIS using Bitcoin and other cryptocurrencies
  
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• Why Did Bitcoin’s Price Plunge 50% to $3,800 In 24 Hours?

  13-03-2020 23:00 via newsbtc.com
  
  Yesterday was undoubtedly one of Bitcoin’s worst days ever; in fact, yesterday’s 40% loss was only second to the BTC price collapse in the wake of the collapse of Mt. Gox, then the largest and most important crypto exchange. At the drop’s worst, the cryptocurrency was down 50% in a single 24-hour period, falling from $7,700 to as low as $3,800.
  Unsurprisingly, many traders were caught with tier pants down during this move, so to say, with BitMEX reporting that nearly $1 billion
  
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• Thursday’s Market Madness Strained Ethereum’s Killer App: DeFi

  13-03-2020 22:50
  
  So many people were trying to use the Ethereum blockchain during Thursday’s market meltdown that many applications simply stopped working as intended.
  
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• Bill Gates Departs Microsoft Board After Pledging $1.4M to African Blockchain

  13-03-2020 22:43 via cointelegraph.com
  
  Bill Gates dials it back at Microsoft so that he can ramp up to save the world
  
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• Wilshire Phoenix CEO Explains $168B US Fed Injection and Crypto Correlation

  13-03-2020 22:19 via cointelegraph.com
  
  Wilshire Phoenix CEO Bill Herrmann sheds light on the recent $168 billion Fed injections and their relation to crypto
  
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• Bitcoin Mempool Briefly Drops to Zero on Blockchain.​com

  13-03-2020 22:12 via cointelegraph.com
  
  Blockchain.​com apparently experienced a system glitch as its Bitcoin mempool tracker was stuck at zero on this Friday 13th
  
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• OKEx Undergoes Maintenance, Becomes Top BTC Futures Exchange

  13-03-2020 21:52 via cointelegraph.com
  
  OKEx became the top exchange for Bitcoin futures after maintenance during exceptionally high trading volumes
  
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• Bitcoin Ekes Out Gains but Remains in Red Amid Broader Market Rebound

  13-03-2020 21:45
  
  Bitcoin has recovered slightly from Thursday’s brutal selloff as global financial markets creep back into the green.
  
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• Coronavirus Spreading In Crypto: Ex-Ethereum Dev Afri Schoedon Infected

  13-03-2020 21:41 via newsbtc.com
  
  The novel coronavirus has started to affect crypto communities, specifically that of Ethereum. After a number of ETH-related events took place in Europe earlier this month, two individuals have announced that they have contracted COVID-19, the illness that is caused by the novel coronavirus that originated in China late last year.
  Ethereum Community Members Catch Coronavirus
  According to a tweet from Afri Schoedon, an ex-Ethereum developer and programmer, he has just “tested positive for&r
  
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• Two Italian High Schools to Issue Digital Diplomas With Blockchain

  13-03-2020 21:40 via cointelegraph.com
  
  Blockchain technology to be applied in high schools in Rome and Crotone
  
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• Despite Bitcoin Price Dips, Crypto Is a Safe Haven in the Middle East

  13-03-2020 21:15
  
  Bitcoin fell 40 percent this week from coronavirus shocks, but it's still seen as a safe haven in the Middle East.
  
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• Crypto Prepped Before Coronavirus Went Global

  13-03-2020 20:18
  
  Attuned to meltdowns, crypto companies reacted quickly to the coronavirus threat.
  
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• As Ether Price Drop Pressures DeFi, Developers Remain Confident in its Success

  13-03-2020 20:18 via cointelegraph.com
  
  Cracks in the MakerDAO system exposed vulnerabilities in DeFi. How will the ecosystem recover?
  
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• As ETH Prices Drop, DeFi Developers Remain Confident in the Ecosystem

  13-03-2020 20:18 via cointelegraph.com
  
  Cracks in the MakerDAO system exposed vulnerabilities in DeFi. How will the ecosystem recover?
  
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• What Happens When Currencies Fail? Feat. Preston Pysh

  13-03-2020 20:00
  
  Massive and novel government intervention in markets is now a foregone conclusion, but what happens to bitcoin as the dust settles?
  
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• Analyst: Bitcoin Stock to Flow Model Continue’s to Hold, Now It’s Your Turn

  13-03-2020 20:00 via newsbtc.com
  
  Bitcoin is currently struggling to stay above $5,000, when just a couple weeks prior, the asset was trading above $10,000 – over double the current price.
  But despite the latest fall, the asset’s highly-cited stock-to-flow model focusing on the asset’s hard-coded scarcity continues to hold. With the model still intact, it may now be time for crypto investors to hold for the long haul.
  Bitcoin Bloodbath Can’t Disrupt Stock-t0-Flow Model
  The first-ever cryptocurrency is hav
  
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• Ethereum’s Insane 51% Crash an Important Step Forward in it Becoming “Anti-Fragile”

  13-03-2020 19:30 via newsbtc.com
  
  Ethereum, like all other major cryptocurrencies, saw an intense selloff yesterday that marked one its largest single day drops in percentage terms ever. This unprecedented movement came about alongside similar declines seen by Bitcoin and other cryptocurrencies.
  This intense downwards movement had devastating impacts on the DeFi ecosystem, with a plethora of collateralized positions being liquidated, subsequently leading lending rates to skyrocket to 15% or more on many top platforms.
  One promin
  
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• MakerDAO Debts Grow as DeFi Leader Moves to Stabilize Protocol

  13-03-2020 19:29
  
  MakerDAO is not pursuing its emergency shutdown option although the amount of uncollateralized dai continues to grow.
  
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• Will the Stock Market’s Ongoing Rally Provide an Upwards Tailwind for Bitcoin?

  13-03-2020 18:55 via newsbtc.com
  
  Bitcoin and the aggregated cryptocurrency market have shown an uncanny correlation with the traditional markets over the past few weeks, which has subjected BTC to the significant downside that the market has faced due to the rapid spread of the lethal Coronavirus.
  Today, however, the US equities market is rebounding, with the benchmark indices all trading up over 3% as the world widely anticipates President Trump to declare a state of emergency in an upcoming press conference.
  This act, should
  
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• Here’s the Path Forward for Bitcoin to See an Insane Rebound

  13-03-2020 18:30 via newsbtc.com
  
  Bitcoin has seen some insane price action over the past several days and hours, with the cryptocurrency currently being in the process of rebounding from its recent capitulatory downtrend that sent it reeling from highs of $8,000 to lows of roughly $3,600 last night.
  In the time since this massive selloff, bulls have been able to step up and lead the cryptocurrency slightly higher, although it still appears to be in a precarious position due to the underlying weakness that was elucidated by this
  
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• Price Analysis Mar 13: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

  13-03-2020 18:16 via cointelegraph.com
  
  After the panic selling, volatility is likely to remain high. We believe that Bitcoin’s bottom is close by
  
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• Consensus 2020 Crypto Event Goes Virtual Due to Coronavirus

  13-03-2020 18:05 via cointelegraph.com
  
  Consensus 2020 is another crypto conference affected by coronavirus, but it will still be hosted virtually in May at no charge
  
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• Market Cycle Psychology: Did The Crypto Market Just Enter Full Anxiety Phase?

  13-03-2020 18:00 via newsbtc.com
  
  There exists a Wall Street Cheat Sheet that depicts the natural psychology that investors go through during a market cycle, and frighteningly, Bitcoin and the rest of the crypto market appear to be following this course nearly exactly after the latest collapse.
  Is the crypto market entering the anxiety phase, with real panic, capitulation, anger, and depression still yet to come?
  Where is Bitcoin in the Current Crypto Market Cycle?
  The crypto market, like any market, is cyclical. But where we ar
  
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• Crypto Traders Explain What Caused the Bitcoin Price Plunge to $3,000s

  13-03-2020 17:45 via cointelegraph.com
  The price of Bitcoin dropped by 50% to $3,600 in merely eight hours: Top crypto traders explain why
  
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• Crypto Traders Explain What Caused the Bitcoin Price Plunge to $3,000

  13-03-2020 17:45 via cointelegraph.com
  
  The price of Bitcoin dropped by 50% to $3,600 in merely eight hours: Top crypto traders explain why
  
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• How to Survive The Crypto Bloodbath: Market Expert Take

  13-03-2020 17:40 via cointelegraph.com
  
  Market experts explain their emergency strategy to survive the latest Bitcoin bloodbath
  
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• Whale Watching: Exchange Data Contained Early Warning of Thursday’s Bitcoin Dump

  13-03-2020 17:35
  
  Data on the flow of funds into exchanges suggests big investors were preparing to dump bitcoin on the market five days before Thursday’s price rout.
  
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• Voatz ‘Blockchain’ App Used in US Elections Has Numerous Security Issues, Says Report

  13-03-2020 17:00 via cointelegraph.com
  
  New audit of Voatz echoes an earlier MIT report, finding numerous issues with the platform
  
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• Recent Bitcoin Price Action Isn’t Radical According to Serious Valuation Models

  13-03-2020 17:00 via newsbtc.com
  
  Yesterday, the cryptocurrency market was a complete bloodbath, bringing Bitcoin to under $4,000 briefly before a rebound occurred.
  Despite the carnage, according to the asset’s most serious valuation models, the price action wasn’t anything radical and the first-ever cryptocurrency is still tracking along healthy as can be.
  Bitcoin Bloodbath Wasn’t Enough to Break Serious Valuation Models
  The leading cryptocurrency by market cap saw one of the worst selloffs in the history of t
  
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• Bitcoin News Roundup for March 13, 2020

  13-03-2020 17:00
  
  What the heck just happened? We make sense of last night on CoinDesk's Markets Daily Podcast.
  
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• Bitcoin Shopping Gets a Boost From Social Distancing

  13-03-2020 16:01
  
  State-imposed quarantines and policies set to work-from-home are boosting bitcoin-based shopping.
  
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• Bitcoin Bottomed in ‘Final Capitulation’ but $5K Dip Likely: Tone Vays

  13-03-2020 15:36 via cointelegraph.com
  
  Bitcoin may have bottomed but markets haven’t had “enough pain” yet, Tone Vays argues
  
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• Blockchain Africa Conference Showcases How Tech Can Change the Continent

  13-03-2020 14:49 via cointelegraph.com
  
  A number of interesting use-cases in Africa have come to the fore at the Blockchain Africa conference
  
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• Crypto Payments Firm Halts Operations Citing Singapore’s New Regulatory Regime

  13-03-2020 14:45
  
  Singapore-based Coinpip said it has "suspended operations" while it looks at becoming licensed under new AML rules.
  
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• CoinDesk Takes Consensus 2020 Virtual

  13-03-2020 14:00
  
  Consensus 2020 will be a virtual experience, bringing together the entire community.
  
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• Could the Coronavirus Be a Catalyst for Fintech?

  13-03-2020 13:54
  
  Could the coronavirus outbreak potentially act as a boon for fintech companies who can act efficiently and thoughtfully?
  
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• Will Malaysia Become Fintech’s Next Global Hub?

  13-03-2020 13:50
  
  Malaysia has been slated as a country with the potential to become a global fintech hub. Why is this?
  
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• Ethereum Co-Founder Pronounces 20th Century World Order Dead

  13-03-2020 13:46 via cointelegraph.com
  
  Charles Hoskinson, Ethereum co-founder and Cardano founder, pronounces the 20th-century world order dead
  
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• Defining Cryptocurrency Is the Best Way to Kill it - CoinDesk - Coindesk

  13-03-2020 13:46 via coindesk.com
  
  Defining Cryptocurrency Is the Best Way to Kill it - CoinDesk  Coindesk
  
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• Defining Cryptocurrency Is the Best Way to Kill It

  13-03-2020 13:40
  
  We should stop trying to classify cryptocurrency as a beast from another planet. Rather, we just need to accept it as the future of money.
  
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• Coinbase Moves to Cut Blockchain Load With Bitcoin Batching

  13-03-2020 13:37
  
  The San Francisco-based cryptocurrency exchange has started grouping multiple bitcoin transactions together to benefit both users and the blockchain.
  
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• NYDFS Wants Crypto Exchanges’ Corona Contingency Plans

  13-03-2020 13:36
  
  The crypto market is already in red due to panic selling.
  
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• DeFi Skepticism, Decentralization, Tax Define London Blockchain Week

  13-03-2020 13:31 via cointelegraph.com
  
  Experts at London Blockchain Week say security is DeFi’s greatest challenge:“We used to have nerds attacking the system, now we have nerds with money”
  
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• Bitcoin Paints V-Shape Recovery after Crashing to $3.8K; More Pain Coming?

  13-03-2020 13:31 via newsbtc.com
  
  Highlights:Bitcoin plunges to $3.8K for the first time since April 2019.
  The cryptocurrency’s deep dive came alongside a massive liquidation spree on the BitMEX crypto exchange.
  The price recovered by $2,000 but left the market in further distress, especially amidst the rising Coronavirus risks on global financial markets.Bitcoin fell to its 10-month low this Friday the 13th as liquidation went rampant on crypto derivatives exchange BitMEX.
  Sam Bankman-Fried, the CEO of Hong Kong-base
  
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• Future of Currency in W. Africa: CFA Franc Collapse and Eco Inadequacy

  13-03-2020 13:26 via cointelegraph.com
  
  Digital currency implementation will reduce obstacles for driving economic development in Africa
  
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• Two Chinese Nationals Charged with Hacking Cryptocurrency Exchange and Laundering Over $100 Million in Cryptocurrency - Blockchain News

  13-03-2020 13:22 via the-blockchain.com
  
  Two Chinese Nationals Charged with Hacking Cryptocurrency Exchange and Laundering Over $100 Million in Cryptocurrency  Blockchain News
  
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• Illinois Can Claim ‘Abandoned’ Cryptocurrency Under New Bill - Cointelegraph

  13-03-2020 13:22 via cointelegraph.com
  
  Illinois Can Claim ‘Abandoned’ Cryptocurrency Under New Bill  Cointelegraph
  
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• Cryptocurrency Guide: Why You Should Buy Cardano Today - Crypto Daily

  13-03-2020 13:21 via cryptodaily.co.uk
  
  Cryptocurrency Guide: Why You Should Buy Cardano Today  Crypto Daily
  
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• Coronavirus: Bitcoin meltdown as panic selling sees cryptocurrency's price halve - The Independent

  13-03-2020 13:21 via independent.co.uk
  
  Coronavirus: Bitcoin meltdown as panic selling sees cryptocurrency's price halve  The Independent
  
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• Illinois Can Claim ‘Abandoned’ Cryptocurrency Under New Bill

  13-03-2020 13:10 via cointelegraph.com
  
  Illinois will consider any crypto held by custodians as abandoned after five years of inactivity
  
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