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The run-up to Bitcoin’s halving has driven near-record volumes, with April 30 posting the second-largest daily trade on record. Pre-halving speculation has driven historic volumes of crypto trade, with April 30 producing the second-strongest single day for volume on record according to a report published by market data aggregator, CryptoCompare.Notional volume for BTC options on…

The move provides PAX coin access to Mexico’s 3.1 million-plus cryptocurrency users. 316 Total views 1 Total shares Blockchain fintech company Paxos and online marketplace MercadoLibre have entered a partnership to bring the Pax Dollar (USDP) stablecoin to Mexico via the MercadoPago payment service on June 28. According to a press release shared with Cointelegraph, USDP…

For the purposes of historical comparison, it’s also worth noting that the pattern of the dominance chart currently looks much like it did during the earlier part of 2017.As the markets have gone into meltdown since May 12, Bitcoin (BTC) dominance has fluctuated dramatically, bucking 2021’s prevailing trend. Before the sell-off started in earnest, BTC…

Bitcoin (BTC) entered a consolidation phase following its May 19 crash from $42,600 to $30,000 on Coinbase. The flagship cryptocurrency recovered its losses quickly and reclaimed $40,000 but it failed to log a clear bullish breakout above this resistance level and at the time of writing the price remains pinned below $40,000.The latest price action…

Bull market cycles in the cryptocurrency market can be exhilarating for day traders and long-term investors alike, but the speed at which the prices move can make it a challenge for promising new projects that are looking to catch the momentum before the cycle plays itself out.This reality has led to some projects listed on…

Blockchain technology is an important tool in addressing the data protection crisis, Cambridge Analytica whistleblower Brittany Kaiser believes.Kaiser, a former business development director at controversial British data analytics firm Cambridge Analytica, has discussed global data privacy issues in an interview with Cointelegraph on Jan. 23.Currently serving as co-founder at digital intelligence startup Own Your Data…

XRP is currently mirroring a trend from the April-June 2021 that preceded the price falling by 65% in the following months. 1628 Total views 6 Total shares The double-digit percentage gains for XRP (XRP) this month may have reached the exhaustion point, reflecting the trends elsewhere in the cryptocurrency market. This follows the euphoria surrounding…

According to the IMF's executive board, the use of Bitcoin as legal tender carried “large risks” related to financial stability, financial integrity and consumer protection. 865 Total views 26 Total shares Members of the executive board at the International Monetary Fund are urging lawmakers in El Salvador to no longer recognize Bitcoin as legal tender.The…