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The world’s largest cryptocurrency has gone parabolic in the past week, with bitcoin breaking its yearly high on May 14th by crossing the $8,000 mark. Willy Woo, a cryptocurrency analyst, says that even in modest estimations, data shows that the bull season is 99 percent in. Bitcoin’s 200-day moving average shows we’ve almost entered a […]

The recent hack of the world’s biggest cryptocurrency exchange, Binance, highlights the need for heightened security in the crypto space. In what Wired reported as “a ‘large-scale security breach,’ hackers stole not only 7,000 bitcoin—equivalent to over $40 million ($56 million at the time of this writing, just one week later)—but also some user two-factor […]

On May 13, as the bitcoin price climbed from $7,000 to $7,700 within hours and the CME bitcoin futures market recorded a daily volume of over $1 billion. The CME Group tweeted: CME Bitcoin futures reached an all-time record high of 33.7K contracts on May 13 (168K equivalent bitcoin), up nearly 50% from the last record […]

Cryptocurrency hedge fund managed to survive the 2018 bear market that caused the price of Bitcoin to drop by over 70 percent. A report published by PwC and Elwood analyzed 150 crypto hedge funds that manage around $1 billion in digital assets and found that they suffered losses of only 47 percent. Industry suffers major […]

The market is catching up with bitcoin. After breaking—and monetarily holding—$8,000, other altcoins are getting some action. XRP recently saw a 40 percent increase, Ethereum is surging, and Binance coin is approaching all-time highs. Technical analysis suggests a major correction could happen at any moment. Nevertheless, there are indicators that the top three cryptos by […]

Samsung is planning to extend its crypto and blockchain support to its range of Galaxy phones, according to a local report. In an article from Business Korea, Chae Won-cheol, senior managing director of the Product Strategy Team at Samsung Electronics’ Wireless Business Division, said: “We will lower barriers to new experiences by gradually expanding the […]

The Bitwise bitcoin ETF was delayed for another five weeks in a statement from the U.S. Securities Exchange Commission. So far, it seems the Commission remains unconvinced that bitcoin is sufficiently resistant to price manipulation, along with a host of other concerns. Following a May 7 amendment to Bitwise’s bitcoin ETF application, the Securities Exchange […]

In what is now the second publicized transaction gone wrong on Binance, an anonymous trader paid almost $100,000 for a single litecoin. Just days ago, another user reportedly lost $400,000 paying over 17,000 times the market price of a token by pressing “Market Buy” on Binance. The exchange is yet to respond. PAX brings bad […]

Unikrn, one of the largest esports betting platforms in the world, has debuted a new product that allows fans to place crypto bets on Fortnite and Apex Legends streams on Twitch. While no partnerships with star gamers have been established, the company believe exposing the esports betting community to crypto will increase adoption. Esports betting […]

On May 7th, Microsoft announced the Azure Blockchain Service, a tool that helps developers and companies create, deploy, and manage blockchain networks. This service, which is currently in public preview, is a continuation of Microsoft’s goal to provide platform-as-a-service tools for blockchain technology. At the Build, Microsoft’s marquee developer conference that occurred in Seattle on May 7th, […]