Cryptocurrency 

Bitcoin Price | Brian Kelly Tells CNBC Watch for Rising Price

Bitcoin enthusiast and crypto fund manager Brian Kelly has told CNBC that Bitcoin price could rise further in the coming months. His prediction isn’t unfounded; there is an impending supply cut on the horizon and this should help to push prices higher. Brian Kelly Predicts Bitcoin Price will Rise In an interview on CNBC’s Fast Money program yesterday, May 21st, Kelly explained that “the halvening,” which is due to take place in 2020, will cut mining rewards in half. As such, he expects miners to begin hoarding BTC if they aren’t…

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Cryptocurrency 

Bitcoin SV Soars 80% | Wright Files “Proof” That He’s Nakamoto

The top ten cryptocurrencies are all in green boasting moderate gains. For example, Ethereum is up 2% and Bitcoin Cash up 4.38%. Leading coin by market value, Bitcoin, is 1.75% in the green, nearing $8,000 USD per coin—much to the excitement of the bulls. However, its hard to ignore the not-so-moderate gains that Bitcoin SV is sporting just outside the top ten. In eleventh place in terms of market cap, the hard-fork of a hard-fork is up a whopping 79.57%. The rise is attributed to Bitcoin SV’s founder, Craig Wright, and…

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Cryptocurrency 

Bitcoin Cash Hard Fork | Segwit Recovery & Schnorr Signatures

A Bitcoin Cash hard fork was implemented earlier today as of block 58268. Although the network-split initially met with a hiccup, the upgrade has now successfully completed. Bitcoin Cash Hard Fork The hard fork sees the Bitcoin Cash network implement two new features. They are Segwit recovery and Schnorr signatures. The Segwit recovery means network participants can now recover funds that were sent accidentally to Segwit addresses. Before today, this was impossible due to the “enforcement of the new CLEANSTACK rule” which was implemented in the last upgrade in November. The…

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Cryptocurrency 

HTC’s Blockchain Phone | Native Crypto Wallet Now Available

According to CoinTelegraph, HTC’s blockchain phone, Exodus 1, now allows users to trade cryptocurrency directly from the phone’s native crypto wallet. The Taiwanese technology giant made the announcement early on Tuesday. Exodus 1 Blockchain Phone – Native Wallet Trading HTC’s Zion Vault will now allow swaps between various cryptocurrencies. The new feature is the result of a partnership with Kyber Network—a dedicated platform for cross-token trading solutions. HTC has added Kyber’s liquidity protocol and this allows easy swaps. The swapping pairs include Ethereum-based ERC-20 tokens, including basic attention token (BAT), Kyber…

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Cryptocurrency 

Facebook Partners with E-Commerce Companies to Support Crypto Payment

The Wall Street Journal has reported that Facebook is in talks with various e-commerce companies and financial firms to support its crypto payment that is under development. So far Facebook has engaged MasterCard and Visa about the project that is known as Project Libra. Crypto Payment Facebook is expected to commit $1 billion to the development of crypto payment. The company has approached various e-commerce companies to invest in its crypto payment feature and be a partner of the network. Paying via crypto will not be limited only to Facebook…

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Cryptocurrency 

Crypto Theft Could Hit $1.2 Billion in 2019, Says Cipher Trace

Crypto theft has greatly reduced this year compared to last year as regulators continue to enhance their scrutiny and the enforcement of anti-money laundering controls. Crypto Theft Could Hit $1 billion Mark Despite being $500 million less than last year, crypto theft could still go well beyond a billion dollars by the end of this year. A quarterly report released on May 1 by Cipher Trace indicates that investigatory specialists had found that over $356 million worth of crypto had been stolen in Q1 2019. The amount stolen includes the CoineBene…

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Cryptocurrency 

Aston Plaza | First Major Crypto-bought Real Estate on Hold

A cryptocurrency venture under construction in Dubai has reportedly been put on hold. British Baroness and multi-million dollar crypto entrepreneur, Michelle Mone, had begun a real estate project called Aston Plaza, which broke ground in 2017. However, citing government inspectors to the site, the project has stopped at only 25% completion. Aston Plaza The $325 million project consisted of two complexes making up 1,300 luxury apartments. At least 150 of those were planned to be sold in Bitcoin. This was the first major development of this size to be available…

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Cryptocurrency 

John McAfee Says He Will Reveal Who Satoshi Nakamoto Is

According to a Bloomberg report, notorious crypto enthusiast and antivirus software maker, John McAfee, claims to have spoken with Bitcoin creator Satoshi Nakamoto. Further, he says he will reveal this person’s identity. John McAfee Claims to Know Satoshi Nakamoto When this reveal will be, however, remains unclear, despite McAfee initially telling Bloomberg he would expose Nakamoto “within a week.” McAfee said yesterday that the controversy his announcement would bring could damage his efforts to fight extradition to the US. Saying in a Twitter post: “Releasing the identity of Satoshi at this…

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Cryptocurrency 

Cryptocurrency Bear Market Wanes | Going through Accumulation

In recent weeks various industry observers have indicated that the cryptocurrency market is experiencing a bullish run.  The notion has received more support with a fresh report implying that the bear market is actually waning and it is in the accumulation phase. Heavy Accumulation According to a recently published report by Adamant Capital, Bitcoin is already experiencing heavy accumulation, and the phase will bring its price to between $3,000 and $6,500, at least until the bullish run gains momentum. Bitcoin whales are already accumulating the major cryptocurrency synonymous to the…

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Cryptocurrency 

Bitcoin Remains Stable | Crypto Market Capitalization Hits New High

Over the last month, the cryptocurrency market was on a hot streak, rising about 38% as investors piled into crypto assets such as Bitcoin and other popular alternatives like Litecoin, Ripple’s XRP, Ethereum, Bitcoin Cash, and EOS. Crypto Market Capitalization Hits New All-Time High At the beginning of the month, Bitcoin (BTC) price surged, taking analysts and traders by surprise as to what might have caused the sudden increase in price. However, analysts are unsure whether the cryptocurrencies will hold their recent gains. But considering Bitcoin has managed to maintain…

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