Brazil, the largest Latin American economy, broke a new record when Brazilian exchanges traded over 100 thousand bitcoin within 24 hours. In parallel, Brazil reported that its economic activity in February fell to the lowest level in the last nine months. Brazil Trades Over 100,000 bitcoin in 24 Hours The battle between Brazil and Argentina for the supremacy of the Bitcoin market in Latin America reached a new dimension. Cointrader Monitor, a monitoring tool that
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It’s safe to say that Bitcoin has had a good Q1 2019, gaining upwards of 30 percent of its value since January 1st. Now, a new report has it that if the price consolidates above $5,000, this could lead to further increases throughout the year. Bitcoin Price $5K Consolidation a ‘Positive Sign’ According to a new report by BitBullCapital, a cryptocurrency hedge funds manager,”the fact that Bitcoin has managed to retain gains from early April
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The Bitcoin Lightning Network scaling protocol has passed a fresh landmark of 8000 nodes as a new solution launches to increase its mainstream usage. Lightning Rides Growth Highs Lightning, which continues to advance its presence as Bitcoin’s foremost scaling solution, hosted 8016 nodes at press time April 16 according to monitoring resource 1ML.com, up 8 percent over the month. The network now has a total payment capacity of 1062 BTC ($5.37 million), having reached an
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The CRYPTOTAG is a sleek and sturdy storage solution for keeping your private keys secure forever. Bitcoinist got its hands on the hefty product, and we’re a big fan. Here is our full CRYPTOTAG review. Design One CRYPTOTAG is essentially two sheets of space-grade titanium that clip together with titanium clips. It is compatible with Ledger, TREZOR, KeepKey, Jaxx, Exodus, and others wallets. The product is also fireproof up to 1665°C, corrosion and erosion resistant,
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Bitcoin donations have already begun arriving as part of an effort to raise funds for rebuilding the devastated Notre Dame Cathedral in Paris. Donate To Notre Dame With Bitcoin As countries and businesses worldwide publicly pledge hundreds of millions of dollars in aid after the world-famous church caught fire April 15, the Bitcoin community is galvanizing its members to contribute. Ahead of a formal donation scheme, initiatives have already sprung up from local users, including
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The Mayer Multiple (MM) by Trace Mayer is showing that bitcoin price has already bottomed out signaling the end of the 15-month long bear market. History Repeating Itself for Bitcoin? In the chart above, the green circles represent the MM indicator moving above 1.0 signaling the establishment of a long-term bottom for bitcoin price . Going by this information, it appears another indicator is showing that BTC may have already bottomed out, marking the end
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Binance delisting Bitcoin SV (BSV) is forcing other exchanges like Kraken and Shapeshift to follow. Let’s take a look at the implications of this unprecedented move for the world’s biggest exchange. ‘Satoshi’s Vision’ Should Have Seen It Coming Yesterday, the biggest bitcoin exchange by volume, Binance, announced it would delist Bitcoin SV (BSV) in a stunning move. Citing the failure to meet high standards, CEO Changpeng ‘CZ’ Zhao pulled the plug on the altcoin claiming
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Social media giant Facebook and its Instagram and Whatsapp platforms went down for a couple of hours highlighting the stability of Bitcoin and its decentralized architecture. Facebook Goes Down Social media website Facebook went down for a few hours on April 13th according to a monitoring resource downdetector.com. Whatsapp, the popular messaging app, and Instagram, a picture-sharing social media platform, both owned by Facebook, have also experienced outages. According to a report by Business Insider, there were
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Bitcoin price remaining above $5000 resulted in new trading highs for several countries worldwide last week, the latest data shows. Mexico, Venezuela Post Record Localbitcoins Volumes According to monitoring resource Coin Dance, which tracks trading volumes on peer-to-peer exchange platforms Localbitcoins, Paxful and Bisq, certain markets continued to see spikes in Bitcoin activity. As Bitcoinist reported, the moves form part of a trend which accelerated in many places in line with Bitcoin price climbing steeply
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A new report into the alleged use of cryptocurrency by North Korea claims the whole of Southeast Asia is “vulnerable” to state actors. RUSI: North Korea Has ‘Gone To Extremes’ Published April 12, the report, Closing the Crypto Gap: Guidance for Countering North Korean Cryptocurrency Activity in Southeast Asia, comes courtesy of the Royal United Services Institute for Defence and Security Studies (RUSI). In it, researchers examine North Korea’s history of involvement in cryptocurrency –
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