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Bitcoin Drops $2700 In Hours: BTC Price Analysis & Overview Following The Violent Correction

Bitcoin Drops $2700 In Hours: BTC Price Analysis & Overview Following The Violent Correction

This was expected. Following the phenomenal week, including the rise from $9000 to almost $14,000 without stopping by, Bitcoin bears stopped the train, at least for now. In a session of violent drops, Bitcoin marked nearly $11,200 as its current low. Is this a change of momentum? Is the bear market here again? In my…
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Galaxy Digital Leads $5.5 Million Round For Contract Management Startup

Galaxy Digital Leads $5.5 Million Round for Contract Management Startup

news Digital contract management startup Clause has raised $5.5 million in a Series A round led by crypto merchant bank Galaxy Digital. The funding round also saw investment from electronic signature pioneer DocuSign and Galaxy Digital’s EOS Venture Capital Fund, which is backed by EOS blockchain maker Block.one and other investors. Founded in 2015, Clause…
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Kakao’s Klaytn Blockchain Has Gone Live With Support From Major Firms

Kakao’s Klaytn Blockchain Has Gone Live With Support From Major Firms

news The Klaytn blockchain from the fold of South Korean messaging app giant Kakao has just gone live. Kakao’s blockchain arm Ground X announced the mainnet launch Thursday in an emailed press release, saying that Klaytn aimed to bring about mass adoption of blockchain services and to “substantiate the value and utility of blockchain technology.” The firm touts…
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Former Visa Exec-Led Startup Ships Nearly 4,000 Crypto Cards In A Week

Former Visa Exec-Led Startup Ships Nearly 4,000 Crypto Cards in a Week

Crypterium, crypto payment firm led by former Visa exec, has shipped about 4,000 crypto debit cards in a week since the launch of the card, according to a press release on June 27.Crypterium, an Estonia-headquartered fintech company, launched its Crypterium Card on June 12, offering global community a prepaid card loaded with major cryptocurrencies such…
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Amazon-Owned Twitch Quietly Brings Back Bitcoin Payments

Amazon-Owned Twitch Quietly Brings Back Bitcoin Payments

Amazon-owned, leading game streaming platform Twitch has enabled bitcoin (BTC) and bitcoin cash (BCH) payments again, Cointelegraph Brazil reports on June 25.As Cointelegraph reported at the time, in March Twitch quietly removed bitcoin and bitcoin cash as payment options for subscriptions by removing Bitpay as a payment method. Per the report, Bitpay has been enabled…
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CoinMarketCap Pushes Exchanges To Transparency: Sign Of Mature Market?

CoinMarketCap Pushes Exchanges to Transparency: Sign of Mature Market?

In May, crypto market data provider CoinMarketCap requested all exchanges in the global exchange market disclose accurate data in a move to improve transparency of the information displayed on the platform. CoinMarketCap declared an ultimatum to all exchanges listed, clarifying that they would be delisted from the platform if they fail to provide accurate trading…
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India: Another Crypto Exchange Closes Due To Regulatory Pressure

India: Another Crypto Exchange Closes Due to Regulatory Pressure

Indian crypto exchange Koinex has ceased operations effective immediately, co-founder Rahul Raj confirmed in a blog post on June 27.Raj said multiple delays by government agencies in clarifying crypto regulation have played a factor in the decision to close.This month’s proposal to introduce a 10-year jail sentence for Indian citizens who use cryptocurrencies had also contributed to…
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Huobi Expands To Turkey Where 20% Of The Population Hold Crypto

Huobi Expands to Turkey Where 20% of the Population Hold Crypto

Huobi exchange will expand its operations to Turkey, planning to have a crypto-to-fiat onramp for Turkish users by the end of 2019, according to a press release on June 26.The Singapore-based crypto exchange will be “moving aggressively” to the Turkish market over the next 12 months, since the country has a “very important and promising…
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