Bitcoin Price Suddenly Drops Below $7K, Crypto Market Under $200B

Bitcoin (BTC) price dropped nearly $200 in minutes on April 10 to slide below $7,000 for the first time in four days. Data from Coin360 and Cointelegraph Markets showed BTC/USD now dropping below the tight $400 corridor between $7,100 and $7,410 where it had stayed for most of the week. The sudden drop from $7,150 […]

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Digital Euro on the horizon? Central Bank of France to experiment with crypto for interbank settlements

The Central Bank of France wants to experiment with digital asset technology to improve interbanking abilities, according to this “Call to Apply” document that came out last Monday, on March 30th. The document lists all of the desires and goals that the bank has with cryptocurrency. At the moment, they are looking for third party […]

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Exchange CEO Explains Bitcoin Exploring Uncorrelated Price Action

Bitcoin’s price initially dumped alongside the mainstream markets, but now looks to be exploring its own route.  “When the stock markets crashed, Bitcoin crashed,” AAX crypto exchange CEO Thor Chan told Cointelegraph. “It appeared that they were correlated,” he posited, adding: “However, the previous plunge of Bitcoin together with traditional financial markets is due to […]

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Chicago DeFi Alliance Launches to Save Decentralized Finance

Amid the apparent ongoing collapse in decentralized finance (DeFi) lending, a group of major trading and cryptocurrency companies in the United States are launching an alliance to support the sector. Introduced on April 7, the Chicago DeFi Alliance (CDA) aims to provide DeFi-focused startups and entrepreneurs with support and guidance in complying with trading regulations […]

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It’s Time For Beer & Bitcoin: Quarantine Edition

In the latest episode of Beer & Bitcoin, Cointelegraph’s YouTube hosts Jackson and Giovanni were joined by Cointelegraph editor-in-chief Jay Cassano and managing editor Kristina Lucrezia Cornèr. They are in quarantine in New York City and Padova, Italy, respectively. But we’re not inclined to let quarantine hold us down. With some beers on hand, it’s […]

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CargoSmart, Tesla and Cosco to Pilot Blockchain Tech in Cargo Release Process

CargoSmart, the software wing of the Hong Kong-based Orient Overseas Container Line, aims to transform the cargo release process using its new blockchain application. According to a report published by Splash 247 on April 7, CargoSmart partnered with Cosco,  Shanghai International Port Group (SIPG), and the electric vehicle and clean energy behemoth Tesla to conduct […]

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Bitcoin Price Is on the Rebound amidst Global Meltdown

The bitcoin value, which a month ago tumbled to under $4,000 in the fallout of the coronavirus-instigated expansive market crash, has energized hard since its lows—with many seeing it going far higher through the span of the year.  The bitcoin value hit $7,236 on the Luxembourg-based bitcoin and digital money trade Bitstamp before falling back […]

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Researchers Design Blockchain-Based Digital Court In Japan

A group of researchers has devised a blockchain-based mechanism to perform legal functions in a so-called “digital court,” according to an April 6 announcement. Professors Hitoshi Matsushima from the University of Tokyo, and Shunya Noda from the University of British Columbia, have been leading the project, which aims to settle legal disputes without the need […]

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Poloniex Enters Controversial IEO Space With Tron-Only Platform

Poloniex revealed its forthcoming Tron (TRX)-powered initial exchange offering (IEO) platform on April 5. Projects seeking to conduct their offerings on Poloniex’s LaunchBase platform face the stipulation of issuing tokens in exchange for TRX, and will be considered on a “first-come, first-serve” basis. Poloniex announces Tron-powered IEO platform Poloniex asserts that LaunchBase is intended “to […]

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