An executive at major Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) has raised concerns about the digital euro and questioned what customer demand it would meet. Pablo Urbiola of BBVA’s digital regulation team has called on European financial authorities to carefully explore the possible issuance of a central bank digital currency (CBDC). Urbiola said Friday …
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Gas fees on the Ethereum network have dropped to levels last seen in December 2020 However, social sentiment towards Ethereum remains at historic lows Ethereum is once again trading above $2k with $2,400 to $2,500 a likely short-term target There is a death cross forming on the daily ETH/USDT chart Gas fees on the Ethereum …
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Bitcoin’s time between blocks has hit an 11 year high The average confirmation time on the Bitcoin network has also risen to 23 minutes The Bitcoin network is scheduled for a mining difficulty adjustment in 4 to 5 days Bitcoin’s difficulty will drop by 23.50% and due to the ongoing BTC mining crackdown in China …
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The price of SafeDollar (SDO), an algorithmic decentralized finance (DeFi) stablecoin based on the Polygon (MATIC) blockchain, has plummeted to literally zero as a result of what appears to be a massive multi-million exploit today. ⚠️ SafeDollar exploited ⚠️ Exploit season is coming to Polygon? 🤣 https://t.co/evzsUAr695 h/t @RugDocIO — defiprime (@defiprime) June 28, 2021 …
Thirty Bitcoin mining farms in Iran received operational licenses last week as the government softened its stance on the crypto market, local outlet Financial Tribune reported. Bitcoin mining, for the uninitiated, uses up a massive computing system that solves millions of complex calculations each second to validate transactions on the Bitcoin network (a process known …
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After three years of development, Ultra, a gaming ecosystem that has partnered with Ubisoft, AMD, and Atari, has revealed its mainnet will go live on 29th June in a press release shared with CryptoSlate. The team says the launch marks a major milestone for the project and will mean developers can start to build on …
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Europol, the EU law agency, cracked down on Vitae, a Belgian Ponzi scheme. Europol raided 17 locations related to the website, promoted as a social media site with its own cryptocurrency. The company operated in Switzerland under the name VITAE AG. Law enforcement officials recovered €1.1 million in cash and €1.5 million in cryptocurrency during …
In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently suggested the apex bank is “working on the directives given.” The remarks by the spokesperson follow Tanzanian President Samia Suluhu Hassan’s call on the country’s finance chiefs to prepare for cryptocurrencies. BOT Move …
press release PRESS RELEASE. June 2021, leading Crypto service comparison site – Cryptowisser, attempts to dissipate the cloud of confusion surrounding tax regulations on crypto currencies around the world. As the tax season comes to a close and a record amount of crypto traders are holding, how do you legally save your crypto? It is …
The private sale is coming to an end. This is your last opportunity! As a result of the recent cryptocurrency market explosion, crypto enthusiasts are thinking about the potential long-term growth of cryptocurrencies and which are worth investing in. Solanax is an automated market maker (AMM) based on the Solana blockchain, which is set to …
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A high-profile analyst is doubling down on his massive XRP bet for this bull cycle even if the seventh-largest crypto asset is showing signs of uncertainty. Pseudonymous analyst Credible Crypto tells his 220,700 Twitter followers that he believes XRP could be bottoming out against Bitcoin (XRP/BTC) as it finds support around 0.000015. ADVERTISEMENT “Some …
Closely-followed analyst Will Clemente says he’s seeing on-chain signals indicating that strong hands are aggressively buying the Bitcoin dip. Clemente tells his 123,400 Twitter followers that in the past month, long-term holders have quietly accumulated massive amounts of BTC to offset the selling of short-term holders. ADVERTISEMENT “In the last 30 days, long-term holders …
Bitcoin’s (BTC) weekend dance between $30,000 and $34,000 seems to strengthen the short-term uncertainty narrative, as JPMorgan strategists believe the cryptocurrency market is not yet healthy. A Friday note from the JPMorgan Chase team suggested that the near-term setup for Bitcoin still looks challenging. Based on the on-chain data, JPMorgan strategists said that “there is …
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Bitcoin (BTC) starts a new week with a key weekly close under its belt and everything to play for — can it hold higher? After the weekend saw moderate volatility, including a retest of $30,000 support, BTC/USD is back above $35,000. Despite the negative press, FUD and miner shake-up from China, the latest BTC price …
Continue reading “Biggest ever mining difficulty drop: 5 things to watch in Bitcoin this week”
The third richest man in Mexico, Ricardo Salinas Pliego, has doubled down on his support for Bitcoin, revealing plans to open the first BTC accepting bank in the country. On June 27, the Mexican billionaire tweeted his support for the widespread adoption of BTC, noting that his bank is “working” to become the first in …
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