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Bitcoin price now eyeing $20K after XRP shocked the crypto market

Bitcoin reached $19,000 quickly after it plunged to $18,000 following an XRP flash crash on Coinbase. The price of Bitcoin (BTC) surpassed $19,000 on Nov. 24 for the first time in nearly three years. It followed an XRP flash crash on Coinbase, which trembled the crypto market.The two incidents could...

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CNBC’s Ran Neuner launches world’s first 24/7 crypto call-in station

Crypto Banter is the first cryptocurrency-centric media outlet available 24/7. The world’s first livestreaming platform dedicated to cryptocurrency is going live just in time for the 2021 bull market. Ran Neuner, host of CNBC’s Crypto Trader show, has launched the first call-in media channel devoted exclusively to cryptocurrency. Dubbed Crypto Banter,...

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DeFi protocol 1inch set to be the first to expand to the NEAR blockchain

Mooniswap and the Pathfinder algorithm will be available to NEAR users. The Mooniswap decentralized exchange protocol, developed by DEX aggregator 1inch, will be the first Ethereum DeFi protocol to develop on NEAR, a sharded smart contract platform.As part of a collaboration announced on Tuesday, the 1inch team pledged to port...

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BIS report suggests ‘embedded‘ monitoring tool for stablecoins

After proposing automated ways to monitor global stablecoins like Libra, a new report from BIS argues that a better solution may ultimately be central bank digital currencies. Facebook’s proposal for its digital currency, Libra, was a wake-up call for international regulatory agencies, finance ministries and central bankers. All these actors...

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Bitcoin market cap hits new all-time high and surpasses JPMorgan at $352B

Bitcoin outperforms JPMorgan in terms of market capitalization shortly after the firm’s CEO said Bitcoin “is not my cup of tea.” Amid an ongoing parabolic bull run, Bitcoin (BTC) is breaking another major milestone in terms of its market capitalization against American banking giant JPMorgan.On Nov. 24, Bitcoin surpassed the...

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3 reasons Ethereum’s momentum is only accelerating as ETH nears $600

Ether price has surged above $580 in recent days, but the impending release of Ethereum 2.0 isn't the only catalyst driving the current rally. Alongside the high anticipation for Ethereum 2.0, the high time frame breakout and daily gas usage on Ethereum remain key positive factors.Eth2 momentum accelerates in correlation...

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Bithumb crypto exchange temporarily closes some offices due to COVID-19

Bithumb’s offline support center in Gangnam is closing down due to COVID-19. Bithumb, the largest cryptocurrency exchange in South Korea, is preparing to close some of its offices due to the ongoing COVID-19 pandemic.According to an official announcement on Nov. 23, Bithumb will be temporarily suspending its offline support center...

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Russia’s Gazprombank debuts Bitcoin trading in Switzerland

The Switzerland-based branch of a major Russian bank has also joined OpenVASP. Gazprombank Switzerland, a subsidiary of one of the largest banks in Russia, has piloted its Bitcoin (BTC) transaction service following regulatory approval by Swiss regulators.According to a Nov. 19 announcement, Gazprombank will provide its new cryptocurrency solution in...

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Bitcoin is already outperforming the halving that sparked $20K all-time high

Bitcoin in 2020 is right between its 2016 and 2012 positions, data shows, as six-month performance sees 2.2 times gains. Bitcoin price has more than doubled since its latest block subsidy halving and is now outpacing its last bull run.Data compiled by on-chain monitoring resource ChartsBTC on Nov. 23 shows...

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PayPal CEO: Our platform will ‘significantly bolster the utility of cryptocurrencies’

PayPal's new crypto services will streamline business adoption of digital assets, says CEO Dan Schulman. PayPal’s chief executive believes cryptocurrencies are on the verge of mainstream adoption as more businesses and consumers flock to “digital payments and digital forms of currency.” In an interview with CNBC, PayPal CEO Dan Schulman said...

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