Hayes’ Scary Warning: Bitcoin Price Could “Absolutely” Retest $3k

BitMEX CEO Arthur Hayes and trader Crypto Capo believe Bitcoin price could drop to the $3,000s if equities markets correct again. BitMEX CEO Arthur Hayes and a pseudonymous trader known as ‘Crypto Capo’ both predicted the Bitcoin (BTC) price to drop to the $3,000s in early 2020. In the near-term, both expect Bitcoin to retest the $3,000 region once again. In the BitMEX Crypto Trader Digest letter dated April 9, 2020, Hayes said that as the U.S. stock market sees another leg down, all asset classes could ‘puke’, causing Bitcoin…

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Developer Launches Noncustodial Bitcoin Cash-Powered Authorization Platform

Seven days ago, a crypto software developer announced a new web service called Signup.cash, which provides individuals and organizations with the ability to create web-based applications for Bitcoin Cash (BCH). The engineer and team members who developed the new platform for BCH stressed that the project is a universal, noncustodial authorization platform. Also read: The Bitcoin Cash Network’s Block Reward Officially Halved – Block 630,000 Mined Sign.up.cash: A Noncustodial Authorization Platform for Bitcoin Cash App Creation Just recently a programmer announced the launch of a new web service for BCH…

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Ripple Integration Brings Instant Payments to Thailand

The partnership between Azimo and a Thai bank aims to deliver instant remittance payments with RippleNet. Digital money transfer service, Azimo, has partnered with Siam Commercial Bank (SCB), the oldest bank in Thailand, to launch an instant cross-border payments service from Europe to Thailand through Ripple’s global payments network, RippleNet. According to an announcement on April 9, the solution aims to solve the challenges of expensive and unreliable global payments. They state that through their platform, remittances from Europe to Thailand will take less than a minute to complete. Instant cross-border…

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Blockchains Still Lack Interoperability for Enterprise Use, WEF Says

The World Economic Forum and Deloitte published a white paper exploring how different blockchains can interact with each other to date. Over the past few years, Blockchain technology integration has increased within a wide number of industries. As such, there are now hundreds of diverse blockchain networks in operation all over the world. For the most part, however, most of these Blockchains are not able to communicate with each other in a way that provides efficient use for enterprise solutions. According to the World Economic Forum (WEF), the current level…

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Real Estate Security Tokens Steadily Gain Market Share

Real estate security tokens are steadily gaining popularity — comprising 14.5% of total trade in tokenized securities. The nascent real estate security token, or REST, sector experienced consistent growth in Q1 2020. Three new properties were also listed on RealT during March — doubling monthly real estate token trade. RESTs now represent nearly half of active security token markets, and 15% of total volume.  Tokenized real estate quietly garners liquidity During January, tokens representing fractionalized ownership in three properties in Detroit, Michigan produced $19,950 in monthly volume. The tokens represent…

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Craig Wright Accused of Plagiarizing Law Degree Dissertation

Close scrutiny of Craig Wright’s paper for his 2008 law degree reveals that he may not even have written his own dissertation. The man who claims to have written the Bitcoin (BTC) whitepaper may not have written his own law degree dissertation. That’s the picture painted by “PaintedFrog,” the pseudonymous writer of a Medium post on April 9. This post demonstrates large-scale similarities between Wright’s dissertation and several other publicly available sources.  Wright’s dissertation for his LLM in International Commercial Law for Northumbria University was written in 2008, titled The…

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Price Analysis April 10: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LINK

Most major cryptocurrencies have turned down from their 50-day moving averages, suggesting that bears are attempting to resume the downtrend. The number of Bitcoin whales holding at least 1,000 BTC has been rising for the past few months, according to a report by Glassnode. The report also highlights that the accumulation continued during the recent slump on March 12 and 13 when Bitcoin’s price dropped below $4,000 levels. This suggests that the whales are bullish on Bitcoin due to the upcoming halving event in May.  Canadian asset manager 3iQ has…

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Chain of Events Post-BSV Halving Mirrors BCH’s, Loyalists Propping Up the Network

The first Bitcoin SV halving sees hash rates drop by more than 50% with BSV price failing to get a boost. Bitcoin SV (BSV) has seen its first halving since its creation in late 2018, hours after Bitcoin Cash (BCH) also completed its 50% block reward reduction event. The cryptocurrency first came about as a result of disagreements between opposing factions within the BCH community, which led to a group backed by self-proclaimed Bitcoin (BTC) creator Craig Wright and billionaire Calvin Ayre forking the chain to form Bitcoin Satoshi’s Vision,…

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Bitcoin’s Third Halving: Survey Shows 50% of Miners Expect a Price Increase

The block reward halving for BTC is 32 days away and crypto businesses and mining operations are steadily preparing for the event. Today, Bitcoin’s hashrate is hovering just above 100 exahash per second (EH/s) and one year after the 2016 halving, the digital asset’s price and hashrate climbed over 240%. Moreover, a recent poll published by Genesis Mining indicates that 50% of bitcoin miners expect to see BTC’s price increase after the halving. Also read: Bitcoin Going Industrial: New York-Based Natural Gas Provider Sells Fully Compliant ‘Hashpower Contract’ 50% of…

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YouTube Bans and Restores Crypto Crow Within Days

YouTuber Jason Appleton saw his Crypto Crow account terminated and restored in a whirlwind of events. Jason Appleton, also known as Crypto Crow, was recently banned from YouTube only to have his channel restored shortly thereafter.   “Looks like my channel was terminated by YouTube without warning today,” Appleton said in an April 8 tweet. “I’ve never so much as had a strike,” he pointed out, adding: “No idea why my channel was hit with this. They really don’t tell you anything. I’m crushed right now. I’m stunned. I feel I’ve…

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