2020

Bitcoin Price Rallies Higher but Must Hit $8K to Start a Bull Market

Source Node: https://cointelegraph.com/news/bitcoin-price-rallies-higher-but-must-hit-8k-to-start-a-bull-market
Time Stamp: April 6, 2020 6:27 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) closed the week up 15.4% at $6,775 and has started the day with a further 6% move to the upside, breaching the $7,000 handle and making highs at $7,300. Looking at performance relative to its peers, Ether (ETH) and EOS have posted an impressive 16% gain over the last 24 hours. As a result, Bitcoin dominance is down 1.5% at 65%.Crypto market daily price chart. Source: Coin360The total cryptocurrency market capitalization breached the $200 billion level, breaking from the diagonal resistance dating back to February when the total market

Ethereum Creator Picks Two Worst Bull and Bear BTC Predictions Ever Made

Source Node: https://cointelegraph.com/news/ethereum-creator-picks-two-worst-bull-and-bear-btc-predictions-ever-made
Time Stamp: April 6, 2020 3:59 PM - Modified On: May 21, 2021 - Published By:
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As the world’s biggest cryptocurrency, Bitcoin (BTC) is highly volatile, once surging from $1,000 to $20,000 in the span of just over a year. The coin has become the subject of infinite price predictions. Both optimistic and negative, some of these predictions have turned out to be extremely inaccurate.Vitalik Buterin, the well-known co-creator of the Ethereum network and its native cryptocurrency Ether (ETH), highlighted the two worst Bitcoin price predictions ever made since the digital currency was introduced back in 2009.In an April 6 tweet, Buterin emphasized that price predictions

Introducing the new Blockchain.com monthly newsletter — April Edition: “After the Dust Settles”

Source Node: https://medium.com/blockchain/introducing-the-new-blockchain-com-monthly-newsletter-april-edition-after-the-dust-settles-53995c8fc2af?source=rss----8ac49aa8fe03---4
Time Stamp: April 6, 2020 12:38 PM - Modified On: May 21, 2021 - Published By:
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The quality of information and data in crypto has improved in recent years, so you may be asking why another monthly newsletter?There are still some big data and analysis gaps in crypto. Crypto markets are nowhere near as widely served with reliable research and data as traditional markets. Indeed, the March 12–13th crypto stress test demonstrated there are also still some very significant issues with the state of crypto exchange infrastructure.What you can expect from our monthly newsletterOur intention with this newsletter is to avoid repeating what you can find

Fund Flows to Crypto Companies Decline In 2019

Source Node: https://insidebitcoins.com/news/fund-flows-to-crypto-companies-decline-in-2019/256662
Time Stamp: April 6, 2020 9:39 AM - Modified On: May 21, 2021 - Published By:
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New funds in crypto companies have declined significantly in recent years, but the impact was much larger in 2019. Last year, crypto companies were busy buying each other but overall funding deals and mergers & acquisitions declined.PwC report reveals trendsAccording to a new report by PwC, the mergers & acquisitions in the sector were dominated by crypto companies themselves. Last year, 56% of the acquirers in the industry were crypto-natives themselves and rest came from outside. In 2018, these crypto natives buying each other constituted for only 42% of the

Blockin Launches Bitcoin Explorer With Detailed Fee Guidance

Source Node: https://cointelegraph.com/news/blockin-launches-bitcoin-explorer-with-detailed-fee-guidance
Time Stamp: April 6, 2020 8:36 AM - Modified On: May 21, 2021 - Published By:
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Blockin, the parent company of one of popular Bitcoin (BTC) mining pools, Poolin, is launching a new block explorer on April 6. The explorer includes mempool statistics that would help users decide the correct fee to send their BTC payment.Blockin’s explorer provides many of the standard features shared with competing offerings, like block data, transaction information and statistics on network hashrate and pool distribution. It adds to an already large suite of tools for miners to calculate profit or compare ASIC devices.The company says that its explorer will also be

The New Land of Crypto Fundraising Is in Asia and Europe, Says PwC

Source Node: https://cointelegraph.com/news/the-new-land-of-crypto-fundraising-is-in-asia-and-europe-says-pwc
Time Stamp: April 6, 2020 6:50 AM - Modified On: May 21, 2021 - Published By:
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Most of the fundraising in the cryptocurrency space shifted from the Americas to Europe, the Middle East, and Africa (EMEA), and the Asia Pacific regions (APAC), according to a recent report by Big Four auditing firm PwC.According to PwC's 2nd Global Crypto M&A and Fundraising Report, during 2019, fundraising efforts in the crypto space obtained 18% less funding, while funds in mergers and acquisitions (M&As) in the space decreased by 40%.As funding decreased overall, APAC and EMEA's share of the pie got larger. While APAC and EMEA saw 44% of

38% of Enterprises Plan to Adopt Blockchain Solutions in 2020

Source Node: https://insidebitcoins.com/news/38-of-enterprises-plan-to-adopt-blockchain-solutions-in-2020/256656
Time Stamp: April 6, 2020 6:47 AM - Modified On: May 21, 2021 - Published By:
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With blockchain solutions growing in popularity, the number of enterprises planning to adopt the technology in 2020 is set to increase. Data gathered by InsideBitcoins.com indicates that 38% of entities will integrate blockchain solutions into their operations this year.From the data, 15% of the enterprise will heavily adopt blockchain solutions while 23% will have moderate adoption to manage different operations. Organizations are also planning to adopt technologies like the Public cloud. About 79% of enterprises are planning to have heavy or moderate adoption of technology.Elsewhere, Artificial intelligence (AI)/and machine learning

Researchers Detect Ambitious Bitcoin Mining Malware Campaign Targeting 1,000s Daily

Source Node: https://cointelegraph.com/news/researchers-detect-ambitious-bitcoin-mining-malware-campaign-targeting-1-000s-daily
Time Stamp: April 6, 2020 6:35 AM - Modified On: May 21, 2021 - Published By:
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Cybersecurity researchers have identified a persistent and ambitious campaign that targets thousands of Docker servers daily with a Bitcoin (BTC) miner.In a report published on April 3, Aqua Security issued a threat alert over the attack, which has ostensibly “been going on for months, with thousands of attempts taking place nearly on a daily basis.” The researchers warn: “These are the highest numbers we’ve seen in some time, far exceeding what we have witnessed to date.”Such scope and ambition indicate that the illicit Bitcoin mining campaign is unlikely to be “an

Factom Creditor Refuses Funding Request, Forced Into Liquidation

Source Node: https://insidebitcoins.com/news/factom-creditor-refuses-funding-request-forced-into-liquidation/256652
Time Stamp: April 6, 2020 5:30 AM - Modified On: May 21, 2021 - Published By:
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Factom, a blockchain company, has failed to secure further funding to sustain itself. As a result, the company has now been forced to begin the process of liquidation.Liquidation After Failure To Get More FundingThrough a notice published on the 2nd of April, 2020, FastForward, the largest investor within the company, announced the “dissolution event” to the public. Through the statement, FastForward explained that the Factom directors within the 31st of March board meeting had come to a conclusion. This conclusion was that, due to the lack of future funding being

Poloniex Creates Tron-Only Platform, LaunchBase to Enter IEO Space

Source Node: https://insidebitcoins.com/news/poloniex-creates-tron-only-platform-launchbase-to-enter-ieo-space/256636
Time Stamp: April 6, 2020 3:21 AM - Modified On: May 21, 2021 - Published By:
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On the 5th of April, 2020, the crypto exchange Poloniex had revealed its new initial exchange offering (IEO) platform, powered through Tron (TRX).The Many StipulationsProjects aiming to do their IEOs through the new platform have to adhere to a stipulation that one would expect from Tron’s exchange: The issuing of tokens must be done in exchange for TRX and will be done on a first-come, first-serve basis.The company was quick to state that partner projects, besides needing to agree to raise the money through TRX. Projects are further mandated to