Cryptocurrency news

• In COVID-19 Stimulus, US Congress Eyes Digital Dollar to Send Aid to the Unbanked

  23-03-2020 23:55 via cointelegraph.com
  
  In draft COVID-10 stimulus bill, US Congress considers digital dollar to distribute aid package to Americans outside of traditional financial systems
  
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• Bitcoin and Gold: Evaluating Hard-Cap Currencies in Times of Financial Crisis

  23-03-2020 23:21
  
  How would a bitcoin economy react to coronavirus? For now, we don’t know. However, we can turn to a proxy for insight: gold.
  
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• Alongside Market Relief Package, US CFTC Warns of COVID-19-Linked Crypto Scams

  23-03-2020 23:11 via cointelegraph.com
  
  The CFTC warns investors against the increased amount of crypto scams taking advantage of coronavirus news
  
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• Celo’s Blockchain Accelerator Invites Devs to Compete for $25K

  23-03-2020 22:50 via cointelegraph.com
  
  Open-source contest aims to strengthen blockchain adoption by providing up to $25,000 in prizes
  
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• Over 172 Million Weibo Users Personal Data Is For Sale on Dark Web

  23-03-2020 22:33 via cointelegraph.com
  
  Chinese social media giant Weibo sees massive data breach, with data from millions of user accounts for sale for Bitcoin on the dark web
  
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• House Stimulus Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession (Updated)

  23-03-2020 22:05
  
  Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar.
  
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• House Stimulus Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession

  23-03-2020 22:05
  
  Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar.
  
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• Investors Look to Gold, Crypto After Fed Goes on QE Buying Spree

  23-03-2020 22:01
  
  Gold is up Monday and so are most cryptocurrencies, seemingly buoyed by the U.S. Federal Reserve's drastic action to thwart the coronavirus’ effects on markets and the economy.
  
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• Privacy Advocates Are Sounding Alarms Over Coronavirus Surveillance

  23-03-2020 22:00
  
  Crises provide opportunities for surveillance architecture to move forward, say privacy advocates. This time is no different.
  
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• Bitcoin Shoots Up to $6,400 as S&P 500 Falls, Even on Federal Reserve’s ‘QE Infinity’

  23-03-2020 22:00 via newsbtc.com
  
  What a crazy day it’s been for markets thus far. Bitcoin, after falling as low as $5,700 during Sunday’s retracement, rallied as high as $6,650 on Monday morning on the back of news from the Federal Reserve.While a portion of this move has been retraced, with Bitcoin now trading at $6,400 as of the time of this article’s writing, the cryptocurrency is still outperforming (up 7% on the day) the S&P 500 and Dow Jones, which have fallen 2% since the open as fears of a recessio
  
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• Online Petition Asking for Ross Ulbricht’s Release Gathers 275K Signatures

  23-03-2020 21:40 via cointelegraph.com
  
  More than 275,000 have signed an online petition calling for the release of Silk Road creator Ross Ulbricht
  
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• Ethereum Taps Key Resistance During Overnight Surge; Will it Break Through?

  23-03-2020 21:00 via newsbtc.com
  
  Ethereum saw a slight overnight rally that allowed it to move back towards its resistance within the lower-$130 region. This movement came about in tandem with that seen by Bitcoin, which surged all the way up to highs of $6,700 before reeling back towards $6,000.
  This recent price action seems to confirm that ETH, BTC, and most other cryptocurrencies are currently caught within bouts of range-bound trading, as they may currently be seeking direction from the stock market.
  One analyst is noting
  
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• Texas Regulator Warns of Investment Fraud Sparked by Coronavirus

  23-03-2020 20:43
  
  There are different coronavirus swindles, the regulators warn.
  
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• Top South Korean Cryptocurrency Exchanges' Revenue has Plummetted Since 2018 - CryptoGlobe

  23-03-2020 20:22 via cryptoglobe.com
  
  Top South Korean Cryptocurrency Exchanges' Revenue has Plummetted Since 2018  CryptoGlobe
  
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• Long-Festering DeFi Dapp Bug Still Not Fixed by Industry

  23-03-2020 20:15
  
  ZenGo is renewing a debate over personal responsibility and user protections, after discovering an exploit that can drain wallets of all user funds.
  
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• Using Ransomware, Hackers Steal and Publish Medical Data of Firm Researching Coronavirus

  23-03-2020 20:03 via cointelegraph.com
  
  A UK firm researching the coronavirus was compromised by ransomware, the hackers published sensitive data online
  
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• 1 in 9 Indonesians Now Own Cryptocurrency, Report - Bitcoinist

  23-03-2020 20:03 via bitcoinist.com
  
  1 in 9 Indonesians Now Own Cryptocurrency, Report  Bitcoinist
  
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• Unlimited QE and Why Markets Can’t Price In COVID-19

  23-03-2020 20:00
  
  The Market reacts as the Fed announced effectively unlimited injections including a new array of direct asset purchase tools
  
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• Cryptocurrency Stablecoins Thrive During Market Downturn and Panic Selloff

  23-03-2020 20:00 via newsbtc.com
  
  The cryptocurrency market has been in shambles ever since the coronavirus outbreak reached critical levels, however, the panic has been positive for the growth of stablecoins, which have grown by billions in market cap since the selloff first began a month ago.
  Stablecoins Provide the Only Flight to Safety Amidst Coronavirus Crisis
  The cryptocurrency market, like the stock market, precious metals, and basically any other asset across the world currently, are struggling to maintain valuations dur
  
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• Matic Lets Us Scale More than Loom Network: Ethereum-Based VR Platform

  23-03-2020 19:39 via cointelegraph.com
  
  The Somnium Space team hopes the transition will allow it to achieve scalability and provide a superior user experience
  
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• Bitcoin: A Global Port in a Market Storm?

  23-03-2020 19:39
  
  Turmoil in global markets and economies points to a widening interest in bitcoin, argues Noelle Acheson.
  
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• Cryptocurrency now second riskiest scam, says BBB Scam Tracker Risk report - Troy Daily News

  23-03-2020 19:37 via tdn-net.com
  Cryptocurrency now second riskiest scam, says BBB Scam Tracker Risk report  Troy Daily News
  
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• MakerDAO's Storm Has Passed, but Community Still Faces Tough Decisions

  23-03-2020 19:34 via cointelegraph.com
  
  Maker’s community breathes a sigh of relief, but many other challenges await
  
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• Price Analysis Mar 23: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

  23-03-2020 19:22 via cointelegraph.com
  
  If Bitcoin scales the next hurdle, the possibility of a move to $8,435 increases
  
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• Crypto Exchanges Made a Killing During the Ides of March

  23-03-2020 19:07 via cointelegraph.com
  
  While March 2020 has been one of the most volatile and unprofitable months for Bitcoin holders, exchanges saw major volume surges and resulting profits
  
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• Bitcoin’s Bullish Fundamentals May Not be Enough to Stop a Violent Selloff; Here’s Why

  23-03-2020 19:00 via newsbtc.com
  
  It has been a rough few weeks for Bitcoin and the aggregated cryptocurrency market, with the recent turbulence within the traditional markets creating a downwards tailwind that has been too strong for cryptocurrencies to resist.
  In spite of this mid-term bearishness, it is important to note that Bitcoin has been able to find some stability within the $6,000 region, with bulls ardently defending against a drop below this region.
  One prominent analyst, however, is now noting that he believes Bitco
  
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• Canadian Miner Hive Blockchain Issues Cease and Desist to Steem Fork Hive

  23-03-2020 18:32 via cointelegraph.com
  
  Hive Blockchain claims that the branding of the new Steem fork has led to confusion among its shareholders
  
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• Ruble’s Drop Eases Pain of Lower Bitcoin Prices for Russia’s Miners

  23-03-2020 18:13
  
  The global market meltdown has indirectly benefited Russia's bitcoin miners, even as the cryptocurrency's price tumbled along with other assets.
  
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• HODLpac Enlists Winklevoss Twins, Brian Armstrong in Bid to Influence Crypto Policy in Washington

  23-03-2020 18:01
  
  A new crypto-focused political action committee will direct funds to Congressional candidates – but with a decentralized twist.
  
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• $50 Is Final Target For Ethereum Correction According To Elliott Wave Theory

  23-03-2020 18:00 via newsbtc.com
  
  Ethereum led the cryptocurrency market to enormous gains early in 2020 fresh on the heels of a booming DeFi industry, but concerns surrounding the coronavirus stopped the rally dead in its tracks.
  Since then, Ethereum has been falling, looking to establish a bottom and from there, a recovery. But before it does so, Elliott Wave Theory points to the asset crashing to as low as $50 before a final low is set.
  Early 2020 Rally Turns Into Deep Collapse To Possible New Lows
  With the stock market in co
  
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• Bitmain S19 Antminers Sell Out, Won't Ship Until May 11

  23-03-2020 17:57 via cointelegraph.com
  
  With the Antminers set to ship from March 11, Bitmain is facing a wave of accusations that it is front-running its customers
  
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• Blockchain Salaries in China Dropped 37% in 2019: Report

  23-03-2020 17:53 via cointelegraph.com
  
  Salaries offered to blockchain professionals in China dropped 37% in 2019, according to a new report issued under the guidance of Tsinghua University
  
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• Into the Unknown: No Limit on Fed Money Injections

  23-03-2020 17:49
  
  Drastic measures are being taken by the Federal Reserve as Wall Street reels from fresh predictions of a steep drop-off in economic output due to coronavirus-related lockdowns, business disruptions and job losses.
  
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• Kik Backs Away From Jury Trial Request in SEC Fight Over $100M Token Sale

  23-03-2020 17:42
  
  Kik had previously asked for a jury trial to make its case against the SEC. Now it's seeking a summary judgment.
  
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• Bitcoin News Roundup for March 23, 2020

  23-03-2020 17:05
  
  TEZOS dumped BTC and a clever hack to survive Zoom meetings. It's CoinDesk's Markets Daily Podcast.
  
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• Historic Recurrence: Will Bitcoin Bottom At Its Previous All-Time High?

  23-03-2020 17:00 via newsbtc.com
  
  During Bitcoin’s last bear market, after crypto investors were convinced a bottom was in, the asset later broke down to set a new low – a low that coincided with the previous cycle’s top.
  History often repeats itself, and with Bitcoin suddenly at prices, no one expected to see two years after a “bottom” was put in, a deeper fall to a previous peak cannot be ruled out.
  History Often Repeats, But Do Crypto Market Cycles?
  Historic recurrence is described as a phenomeno
  
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• Steem Fork Faces Legal Threat From Mining Firm Over ‘Hive’ Name

  23-03-2020 16:35
  
  A new blockchain called Hive is being told it needs to change its name just days after it was created in a fork from Steem.
  
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• Cardano Chief Compares US Dollar to OneCoin Scam as Fed Keeps Printing

  23-03-2020 16:09 via cointelegraph.com
  
  The Federal Reserve’s mandate to print infinite amounts of new money has similarities to OneCoin scam, according to Cardano chief
  
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• BTC-Friendly Senator Rand Paul Tests Positive For Coronavirus

  23-03-2020 16:04 via cointelegraph.com
  
  Pro-Bitcoin former U.S. presidential candidate is the first senator to test positive for coronavirus and faces criticism for irresponsible behavior
  
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• HashCash Consultants to Launch ‘Corona Fund Index Cryptocurrency’ - Cointelegraph

  23-03-2020 15:55 via cointelegraph.com
  
  HashCash Consultants to Launch ‘Corona Fund Index Cryptocurrency’  Cointelegraph
  
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• KYC and AML Compliance for Crypto Exchanges. Guide 2020

  23-03-2020 15:36 via newsbtc.com
  
  The beginning of 2020 was quite stressful for most cryptocurrency exchanges. On January 10, 2020, the 5th Anti Money Laundering (AML) Directive took effect. Some platforms announced their closure, while some threw all their strength into the struggle to meet the new requirements. This article will tell you how to win this battle.
  Foreword
  If you think we decided to write this article based on this directive alone, you are mistaken. February 2020 began with good news for the EXMO team. EXMO crypt
  
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• HashCash Consultants to Launch ‘Corona Fund Index Cryptocurrency’

  23-03-2020 15:30 via cointelegraph.com
  
  HashCash claims that its corona token is inversely correlated to the S&P 500 through being backed by an inverse ETF
  
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• The Blockchain Africa Participants Optimistic About Continent Becoming Center of Progress

  23-03-2020 15:15 via cointelegraph.com
  
  Africa’s ability to adopt and drive innovations that improve day-to-day living could make the continent a leader in global blockchain development
  
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• Bidders Pay Up to 24% Less for MKR in Phase Two of MakerDAO Auction

  23-03-2020 15:09 via cointelegraph.com
  
  Bidders have bagged savings of up to 24% in the second phase of the MakerDAO debt auction
  
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• ‘Unlimited QE’ Pumps Bitcoin but BTC Price Remains Bearish Below $6.8K

  23-03-2020 14:59 via cointelegraph.com
  
  Bitcoin back above $6,000 on “unlimited QE” confirmation from the Fed
  
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• NetCents to launch a cryptocurrency credit card - The Paypers

  23-03-2020 14:59 via thepaypers.com
  
  NetCents to launch a cryptocurrency credit card  The Paypers
  
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• Telos Foundation Removes Board Member After Security and Centralization Disputes

  23-03-2020 14:44 via cointelegraph.com
  
  The Telos Foundation acknowledged that block producers had been “implicated in disputes” relating to inappropriate shared access to their signing keys, compromising security
  
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• Cryptocurrency Market Update: Bitcoin hits the brick wall at $6,600, retreat to $6,000 imminent - FXStreet

  23-03-2020 14:40 via fxstreet.com
  Cryptocurrency Market Update: Bitcoin hits the brick wall at $6,600, retreat to $6,000 imminent  FXStreet
  
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• Bitcoin, Gold Spike as Fed Unveils Unlimited Coronavirus Stimulus Package

  23-03-2020 14:40
  
  The Federal Reserve has announced a quantitative easing package with no upper limit to support the U.S. economy amid the coronavirus crisis.
  
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• Bitcoin, Gold Spike as Fed Reserve Unveils Unlimited Coronavirus Stimulus Package

  23-03-2020 14:40
  
  The Federal Reserve has announced a quantitative easing package with no upper limit to support the U.S. economy amid the coronavirus crisis.
  
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