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Back on track: US macro events unlikely to fully derail Bitcoin price gains

As the U.S. stock market enters earnings season, analysts explain how Bitcoin could perform after earnings and the presidential election. Tech-heavy stock market indices, including the Nasdaq Composite and the S&P 500, have begun to recover. Amazon posted high pandemic sales that led profits to climb threefold and reported a...

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Future elections could be held on the Cardano blockchain, says Hoskinson

That being said, scaling decentralized e-voting systems is a complex task. In an interview with Cointelegraph, Charles Hoskinson suggested that a Cardano-based solution might make blockchain voting possible for future national elections. He stated: “Not only do I believe — we've been building the infrastructure for that."Hoskinson acknowledged that the road to...

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Tim Draper seeks to ‘DeFi‘ the venture capital business with Bitcoin

Tim Draper remains bullish on DeFi and Bitcoin but thinks regulation has not caught up with the technology. Two years ago, venture capitalist and noted Bitcoin investor Tim Draper publicly stated that Bitcoin will hit $250,000 by 2022. Yet, as Bitcoin continues to gain interest from investors, Draper revealed to...

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Blockchain could become a part of the US military’s strategic weaponry

SIMBA Chain beat competitors such as Boeing by using blockchain to underpin a war games solution for the U.S. Department of Defense. One often hears blockchain in the same breath as security and supply chains. This week, a winning entry to a competition organized by the United States Department of Defense...

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Bitcoin suddenly slides 4% as BofA predicts a 20% stock market crash

The price of Bitcoin abruptly dropped 4% from the day’s peak as the uncertainty in the stock market intensified. The price of Bitcoin (BTC) abruptly dropped 4% from the day’s peak on Oct. 30 as the uncertainty in the stock market intensified. With five days left to the U.S. presidential...

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Nearly 24% of Ether held on exchanges — Three times the percentage of Bitcoin

Only 8.1% of Bitcoin is held on exchanges compared to Ether, one-quarter of which sits on exchanges. Almost one-quarter of Ether’s (ETH) circulating supply is held on cryptocurrency exchanges, according to analytics platform ViewBase.The website shows that 26,768,260 ETH is on exchanges, equating to 23.6% with a value of $10.3...

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Despite strong security token growth, tZERO continues to lose money

While tZERO’s net revenues have nearly doubled year-over-year, Overstock’s fledgling security token exchange is still far from profitable. Despite explosive third-quarter growth in the security token sector, Overstock’s Q3 2020 earnings report reveals that its tZERO alternative trading system (ATS) has continued to lose money.The ATS specializes in security tokens,...

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