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Key Bitcoin Indicator That Correctly Called 2015 Bottom is Flashing Again

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 00.…

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KuCoin Exchange Traders Can Now Self-Custody Their Crypto Assets

Cryptocurrency exchange KuCoin has launched a feature allowing users to custody their own crypto assets while trading. For the feature, KuCoin has integrated a new technology from Boston-based startup Arwen, which allows traders to maintain control of their private keys while trading on centralized exchanges, Arwen announced Tuesday. KuCoin president Eric Don confirmed the news,…

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Sirin Labs Lays Off 25% of Staff Amid Poor Blockchain Phone Sales

Israel-based Sirin Labs, maker of the Finney blockchain phone, has laid off a quarter of its workforce. Speaking to local financial news source Globes, the firm said it had let go of 15 of its 60 employees – less than had been speculated in the media. The layoffs come amid a disappointing consumer reaction to…

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4 Reasons Why Delisting BSV Was the ‘Right Thing to Do’ for Binance

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…

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Turing Award Winner’s Blockchain Opens Test Network to Public

The test network for the Algorand blockchain platform has been made publicly accessible, the company behind the project announced Tuesday. The proof-of-stake based Alogrand was first unveiled by MIT professor and Turing Award winner Silvio Micali in 2017. Over the course of 2018, the initiative netted some $66 million in funding, with backers including venture…

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Bot-Enabled Market Manipulation Rife on Decentralized Exchanges, Researchers Claim

Arbitrage bots are being widely used for manipulative profit-making strategies on decentralized exchanges (DExes), a study from researchers at Cornell Tech has claimed. The news was reported by Bloomberg on April 15. The paper documents and gauges the breadth and specific characteristics of bot-executed market manipulation, which the researchers argue has developed blockchain-specific elements that…

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Swisscom Blockchain AG Onboards New Chief Executive Officer

Blockchain-focused company Swisscom Blockchain AG has onboarded Ethereum (ETH) engineer Lukas Hohl as its new chief executive officer, Cointelegraph auf Deutsch reported on April 15. Hohl, who previously served at various IT and finance companies, including Blockchain’s parent company Swisscom, business consulting firm BearingPoint, consultancy group Sofgen, and management consulting company Synpulse, will now lead…

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France to Push EU Member States to Adopt Its Cryptocurrency Regulations

France is reportedly going to try to convince other European Union member states to adopt cryptocurrency regulations similar to its own, Reuters reported on April 15. Bruno Le Maire, French Minister of the Economy and Finance, reportedly stated that France will encourage other EU countries to adopt cryptocurrency regulations similar to those France approved last…

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ShapeShift to Delist Bitcoin SV, Kraken Considers Following Suit

After crypto exchange Binance’s decision to delist Bitcoin SV (BSV), anonymous exchange ShapeShift has also decided to drop the cryptocurrency, with Kraken considering to follow suit. In a tweet posted on April 15, ShapeShift CEO Erik Voorhees revealed that the company came to a decision to stop listing BSV: “We stand with @binance and CZ’s…

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