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Current Tether Supply Suggests Bitcoin Price Is Correcting to $20,000

[ad_1] Bitcoin price charting on a longer timeframe, market structure and the issuance of 1 billion Tether so far this year are making crypto and equities analyst FilbFilb incredibly bullish on BTC/USD in the run up to the 2020 halving. Bitcoin traders split into 3 groups Since correcting from 2019’s all-time high of $13,800 and thrice failing to break above $12,500, crypto investors broke into three camps. The first took the bearish perspective
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3 Reasons Bitcoin Is Turning Into a Global Safe Haven for Investors

[ad_1] China’s recent currency devaluation seems in line with similar policies taking place across the globe. Let’s take a look why Bitcoin price is rising as a result and why investors are increasingly considering taking shelter in Bitcoin — a neutral and borderless network for storing and transferring value — alongside traditional safe haven assets.Every fiat currency is devaluing itself on purpose As the U.S. and other countries attempt to bolster
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Top-5 Crypto Performers: XTZ, LINK, BTC, BCH, XMR

[ad_1] The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.Binance research highlights that Bitcoin (BTC) has rallied along with other assets that are considered safe-havens following the latest tariff tweet by United States
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Tracker Offers One-Stop Shop for Easy Crypto Market Analysis

[ad_1] A website that delivers live cryptocurrency prices and market capitalizations in visual form has unveiled a suite of updates and new features.Coin360 displays the latest market movements for coins and tokens in proportionately sized blocks based on their market capitalizations. Every block shows the cryptocurrency’s ticker, current price and percentage change — and charts can also be accessed by hovering over the block. Colors illustrate when prices change: green
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‘Multi-threaded’ Blockchain Solana Receives $18 Million in Funding

[ad_1] The development team behind proof-of-stake (PoS) blockchain Solana received $18 Million in funding, according to a press release shared with Cointelegraph on July 30.Solana claims to be first web-scaled blockchainPer the release, the funding round was led by Multicoin Capital, with participation from Distributed Global, Blocktower Capital, Foundation Capital and Blockchange VC, among several other companies. The latest funding round purportedly brings Solana’s value up to $20 million.Solana claims
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US Defense Dept. to Experiment With Blockchain-Based Security

[ad_1] The United States Department of Defense (DoD) is pursuing blockchain solutions for cybersecurity as part of its digital modernization strategy.The DoD released plans for blockchain tech in its four-year roadmap on July 12, entitled “DoD Digital Modernization Strategy: DoD Information Resource Management Strategic Plan FY19–23.”According to the report, the DoD’s research branch, the Defense Advanced Research Projects Agency (DARPA), is currently engaged in at least two exploratory blockchain projects
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Crypto Platform Offers ‘Secure Messaging’

[ad_1] A new “feature-rich ecosystem” has been created for privacy-conscious individuals who want to keep their communications confidential and their data secure.The team of networking technology enthusiasts behind Utopia say it wants to create an antidote to a world of total surveillance — delivering a platform that offers freedom, anonymity and no censorship.Utopia has been in development for six years, all with the motivation of building an environment in which
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Crypto Markets See Mild Fluctuations, BTC Holds $9,500

[ad_1] Monday, July 29 — crypto markets are seeing mild fluctuations, mixed red and green, while Bitcoin (BTC) is holding ground around the $9,600 mark.Market visualization. Source: Coin360After a sharp fall on July 28 and a further correction to $9,250 the following day, the top coin has since recovered and stabilized around the $9,590 mark — up 0.5% on the day. On the week, the coin’s losses are at around 7%,
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Australian Draft Bill Excludes Digital Currency From New Cash Payment Limit

[ad_1] Australia’s government has delivered supportive statements on cryptocurrency as it looks to exclude the sector from new restrictions on cash payments.In an explanatory memorandum issued late last week, the country’s Treasury said it wished to ban cash payments for goods and services which exceeded 10,000 AUD ($6,900).However, a number of exclusions would apply, including transactions involving what it describes as digital currencies.The reason, lawmakers state, is in order to
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Iranian Gov’t Authorizes Cryptocurrency Mining As Industrial Activity

[ad_1] The Iranian government has authorized cryptocurrency mining as an industrial activity.A report from IIDO-owned Mehr News Agency on July 29 revealed that the decision was taken this weekend, during a Sunday cabinet session chaired by Iran’s President Hassan Rouhani.First step towards legalizing crypto?Now that mining has been officially authorized, entities engaged in the activity will be required to seek a license from Iran’s Ministry of Industry, Mine and Trade,