Bitfinex begins LEO token buyback, maintains no wrongdoing in $850 million shortfall

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Cryptocurrency exchange Bitfinex announced the launch of a transparency initiative to coincide with the beginning of the burn mechanism of the company’s LEO token. Bitfinex’s parent company iFinex sold $1 billion in LEO tokens for USDT from private investors during a 10-day token sale in May 2019 to cover an $850 million loss from Crypto…

How far will altcoins correct? Dash, Cosmos, NEM, Bitcoin Diamond, Digitbyte technical analysis

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Despite the wild price action that the cryptocurrency market went through today—where bitcoin saw its value jump above $9,000 to then quickly drop to $8,000—the charts could help determine where some of the highest market cap altcoins are heading. Dash Dash went through a month-long consolidation period from April to May. During this time, it…

Altcoins rise as Bitcoin consolidates: Ethereum, XRP, Bitcoin Cash, EOS, Litecoin analysis

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The bullish trend continues as most of the top five altcoins continue to make new yearly highs. Although a correction could be expected at any moment, the bulls seem to have control over the entire cryptocurrency market. Ethereum The bullish impulse ethereum experienced has not ended after breaking above the ascending triangle that formed on…

New Ethereum-based digital collectibles market Meme Factory goes live

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A new Ethereum-based digital collectibles market called Meme Factory went live this week. The platform was created by district0x, a network of decentralized marketplaces behind the DNT token, and will allow users to create, issue, and trade rare digital collectibles. Users can now trade “provably rare” digital collectibles on Meme Factory The digital collectibles industry…

Bitcoin breaks $6700, crypto market back above $200 billion

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After breaking $6,000, Bitcoin passed through another major resistance zone between $6,100 and $6,450. Altcoins, however, are not performing as well and Bitcoin’s dominance has increased to 59.26% at the time of press. Bitcoin Decoupling Bitcoin’s bullish momentum has shaken off a lot of bears out of the market. Tyler Jenks, a 40-years trading veteran,…

Brave browser gaining impressive traction on Android, on par with Chrome

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Among mobile web browsers downloads, Brave has pushed its way into third, narrowly behind Google Chrome by Play Store rankings. Through a combination of innovative features including a native cryptocurrency, built-in privacy, and a streamlined experience, the app has been able to make headway in a well-entrenched industry. Brave Browser Shows Impressive Traction Data from…

Five major cryptocurrencies with a YTD return of over 200%—BNB, BAT, ENJ, RVN, CRO

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With the cryptocurrency market now increasingly in the green, it seems that every coin in the market is a winner. There seem to be a few outliers when it comes to year-to-date gains. Read on for five major cryptocurrencies that have seen their prices surge more than 200 percent since the beginning of the year.…

There’s a new ‘Coinbase effect’—the Binance Chain pump

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Binance has set its sights on usurping Ethereum with its new protocol blockchain. Since its launch, Binance Chain has attracted coins away from competitors, pumping the value of coins that switch. Could the “Binance Chain effect” be the new Coinbase effect? Since its announcement in 2018, Binance Chain has been one of the most highly anticipated projects in…

Binance delists Bitcoin SV following Craig Wright’s legal threats

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Binance released an official statement informing users of the imminent removal of Bitcoin SV (BSV) from the exchange’s list of traded cryptocurrencies. The action follows Craig Wright and Calvin Ayre, the proponents behind BSV, issuing legal notices to those denouncing Wright as a fraud—and not Satoshi Nakamoto. The Delisting Process According to the statement from Binance, all…

LA Times begins accepting crypto tips as a verified Brave Browser publisher

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The Los Angeles Times, the fourth-most circulated newspaper in the US, recently signed-up as a verified Brave Browser publisher. The publication will now start receiving tips and recurring contributions in Basic Attention Token. The LA Times is a daily newspaper which has been published in Los Angeles, California, since 1881. It is the largest US…