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The price of Bitcoin (BTC) dropped to as low as $8,900 on May 21 following a strong rejection of the $9,800 level. Traders say BTC’s breakdown from the $9,200 support level may lead to a renewed downtrend.Almost every macro indicator points to a correctionIn the near-term, traders generally expect that a correction will occur in the…

America is the land of opportunity, so long as you don't happen to be a cryptocurrency exchange. For several years now, a number of prominent exchanges have opted not to serve U.S. citizens; in fact, the list of trading platforms avoiding the U.S. is still growing, with Bancor recently announcing that it would block U.S. citizens…

Among the proposals, the group of eight organizations requested the Environmental Protection Agency subject PoW mining firms to “stringent reviews” around operating permits. 19 Total views 1 Total shares A group of eight organizations focused on the environment have called on different government agencies under the Biden administration to implement new approaches in response to…

Sustained higher levels mean a retreat to $30,000 is looking less and less essential to preserve the bull market. 4326 Total views 8 Total shares Bitcoin (BTC) traded in a higher range on Friday, with analysts keen to see which critical levels would fall next.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin escapes fresh losses... for…

Bitcoin (BTC) will likely benefit from a sharp drop in Asian stock markets due to coronavirus, cryptocurrency analysts believe.Cryptocurrency market daily overview. Source: Coin360Stock markets begin “very volatile week”Data from Coin360 and Cointelegraph Markets showed BTC/USD already making swift gains on Feb. 3, spiking to highs of $9,580 overnight before a slight correction to $9,380. At…

Major United States crypto exchange and wallet provider Coinbase is launching support for European Union residents to make fiat currency withdrawals to online payment system PayPal. The development was announced in an official blog post published on Feb. 5.As reported, Coinbase had first rolled out PayPal withdrawal support for U.S. users last month. The European…

Major South Korean commercial lender KB Kookmin Bank has signed a Memorandum of Understanding with blockchain technology firm Atomics Lab to jointly explore digital asset management and protection solutions. The news was reported by local business news portal Business Korea on June 11.The MoU — signed yesterday, June 10, in Seoul — establishes that the…

Multi-party computation, or MPC, is a subset of cryptography that distributes computation across multiple parties. 155 Total views 16 Total shares Multi-party computation (MPC) developer MPCH Labs has concluded a Series A funding round totaling $40 million ahead of the planned launch of its Fraction digital asset operating platform later this year. The funding round was…