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Data-shows-$1,000-bitcoin-price-gains-are-followed-by-38%-drawdown

Data Shows $1,000 Bitcoin Price Gains Are Followed by 38% Drawdown

This week Bitcoin price pulled off an incredible rally that appears to have exceeded the expectations of many investors. Data from Cointelegraph Markets and CoinMarketCap shows record trading volume across multiple crypto exchanges occurred as Bitcoin rallied to $9,400 but this doesn’t mean that the long awaited bull market has started. Crypto market daily price chart.…
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Noted-tax-haven-cayman-islands-sees-new-bills-to-bring-local-crypto-to-fatf’s-heel

Noted Tax Haven Cayman Islands Sees New Bills to Bring Local Crypto to FATF’s Heel

In new legislation, the Cayman Islands is looking to clarify rules on crypto exchanges, including registration and sandbox licensing. 906 Total views 32 Total shares On April 28, the legislative assembly of the Cayman Islands gazetted five new pieces of legislation governing crypto businesses — especially exchanges. How the new legislation would change the Cayman Islands’…
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Famous-venezuelan-entertainer-quits-acting-to-lead-controversial-crypto-startup

Famous Venezuelan Entertainer Quits Acting to Lead Controversial Crypto Startup

Long-time Venezuelan actor and singer, Fernando Carrillo, has announced his retirement from acting. He has decided instead to venture into the crypto business. Starting May 1, Carrillo will become the CEO of Fight to Fame, though his role only extends to Mexico and the Latin American region.According to an article published on April 29 by…
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Local-chinese-government-launches-its-first-blockchain-platform

Local Chinese Government Launches Its First Blockchain Platform

Chinese Anhui province gov launches its first blockchain platform. 1305 Total views 43 Total shares The government of Anhui, a province in eastern China and a part of “Yangtze River Delta Economy Region”, has officially launched its first blockchain platform for providing government services. The launch occurred on April 30, according to local news reports.Starts…
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Market-wrap:-there’s-a-bright-side-to-bitcoin’s-drop-on-worsening-unemployment

Market Wrap: There’s a Bright Side to Bitcoin’s Drop on Worsening Unemployment

Apr 30, 2020 at 20:44 UTCMarket Wrap: There’s a Bright Side to Bitcoin’s Drop on Worsening UnemploymentBad U.S. jobless data pulled markets lower Thursday, affecting even bitcoin. But there may be a silver lining for the cryptocurrency.At press time, the world’s largest cryptocurrency was up just 1% over 24 hours at $8,864, with 10-day and 50-day…
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Nasdaq-partners-with-r3-to-help-build-institutional-grade-digital-assets

Nasdaq Partners With R3 to Help Build Institutional-Grade Digital Assets

Nasdaq is partnering with the blockchain solution provider R3 to build institution-grade digital assets and marketplaces. 649 Total views 21 Total shares The world’s second-largest stock exchange and capital markets technology company, Nasdaq, has entered a partnership with enterprise blockchain solutions platform, R3. R3 announced the partnership on April 29, 2020, stating that Nasdaq will use…
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Matic-announces-a-privacy-centric-coronavirus-tracking-app

Matic Announces a Privacy-Centric Coronavirus Tracking App

Blockchain scalability solution Matic launched a privacy-focused coronavirus tracking mobile application. 1653 Total views 34 Total shares Blockchain scalability solution, Matic, launched a privacy-focused coronavirus tracking mobile application.According to an April 29 announcement, the new app — dubbed Tracy — leverages the Matic network for contact tracing and quarantine management. The solution also uses decentralized…
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