November 2020 | Page 19 of 152 | Last Cryptocurrency News Feed

Russian prime minister proposes legal steps to bring order to crypto market

Russia’s prime minister proposed recognizing crypto as property under the nation’s tax code. Russian prime minister Mikhail Mishustin has appeared to express support for the further development of the local cryptocurrency market.At a recent governmental meeting held on Nov. 26, Mishustin proposed the introduction of legal protections for crypto holders in the country in order…

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Bitcoin must now reclaim these price levels to resume its rally to $20K

Bitcoin (BTC) has been seeing significant momentum in previous weeks as its price was approaching the precious $20,000 all-time high. However, an abrupt end came to this glorious rally, with Bitcoin price crashing severely over the past 24 hours. Cryptocurrency market, 1-day performance. Source: Coin360While most investors were celebrating a potential new all-time high, the…

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Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams

Nov 26, 2020 at 12:25 p.m. UTCRussian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent ScamsMikhail Mishustin, the Russian prime minister, raised the subject of cryptocurrencies and the need to protect users during the government session on Thursday, according to a transcript.Acknowledging the growing interest in this “relatively new tool,” Mishustin said the government…

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Finance Redefined: DeFi gets its first merger after a devastating hack, Nov. 18-25

Finance Redefined is Cointelegraph's weekly DeFi-centric newsletter, delivered to subscribers every Wednesday.On Saturday, we saw one of the most complex smart contract hacks so far affecting Pickle Finance, a yield optimization protocol very similar to Yearn — an important point for later.PeckShield provided a technical explanation for it, but I think only Solidity developers can…

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Yearn Finance announces another ‘merger’ with the Cream lending protocol

Yearn users will be able to use their strategy pool tokens as collateral for lending. 1947 Total views 21 Total shares Two days after Yearn Finance (YFI) and Pickle Finance joined forces in DeFi’s first effective merger, Yearn founder Andre Cronje published details of another upcoming integration with Cream, a lending protocol similar to Compound…

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Coinbase warns users of connectivity issues due to Amazon AWS outage

The U.S.-based exchange has told users that they may experience some intermittent delays or errors while transacting. 1751 Total views 30 Total shares Major United States-based cryptocurrency exchange Coinbase is experiencing “elevated error rates on some backend systems due to an AWS service outage" according to an official post on Nov. 25 shortly after 7:00 pm…

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$80 Billion Wiped Off Total Market Cap as Cryptocurrencies Get Massacred

The cryptocurrency market experienced a massive nosedive today. $80 billion from the total capitalization were evaporated as Bitcoin plummeted below $17,000, while the altcoins had it even worse with notable double-digit price drops. The Red Sea Among The Altcoins The alternative coins enjoyed the past few weeks with some remarkable increases. This led to yearly…

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Swiss Digital Asset Bank Sygnum Launches Blockchain Alternative to Stock Exchanges

Nov 26, 2020 at 10:53 a.m. UTCUpdated Nov 26, 2020 at 11:00 a.m. UTCThe do-it-all Swiss Army knife(PublicDomainPictures/Pixabay )Swiss Digital Asset Bank Sygnum Launches Blockchain Alternative to Stock ExchangesSygnum, a digital asset finance firm with a Swiss banking license, has launched what it says is a blockchain-based alternative to listing shares on a stock exchange.On…

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BTC Price Analysis: Bitcoin’s Next Possible Targets If The Sharp Correction Continues

Bitcoin price has crashed hard today in the wake of OKEx announcing the reopening of withdrawals one day earlier than initially scheduled. Hundreds of Chinese crypto miners who had been previously unable to cash out their BTC block rewards into fiat due to the exchange’s abrupt closure and the CCP’s clampdown on local OTC services…

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OKEx Sees Biggest Bitcoin Outflow for 6 Months Soon After Resuming Withdrawals

Nov 26, 2020 at 9:47 a.m. UTCUpdated Nov 26, 2020 at 9:53 a.m. UTCOKEx Sees Biggest Bitcoin Outflow for 6 Months Soon After Resuming WithdrawalsCryptocurrency exchange OKEx recorded a major bitcoin outflow just minutes after it lifted a five-week-long withdrawal suspension at 08:00 UTC Thursday.About 2,822 bitcoins were moved from OKEx in block number 658,728…