Bitcoin 

Bitcoin Drops $300, Daily Losses Among Altcoins Reach 10%

Falling below $9,000, Bitcoin (BTC) has seen another dip today and its price dropped over $200 in an hour. Alongside Bitcoin, the top 20 cryptocurrencies by market capitalization are seeing major losses of nearly 10% over the past 24 hours, according to data from Coin360. Market visualization. Source: Coin360 Following a fresh price decline, Bitcoin is trading down 4.9% at $8,736. With its intraday high of $9,253, Bitcoin tumbled more than $500 earlier today and is down around 4% over the past seven days, with an intraweek high above $9,500.…

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Ethereum 

Hyperledger Gains Microsoft and Ethereum Foundation Among Raft of New Members

Microsoft, Salesforce and the Ethereum Foundation are among the major new companies joining enterprise blockchain platform Hyperledger. The company’s executive director, Brian Behlendorf, confirmed the news to Cointelegraph ahead of a public unveiling at the ongoing Synchronize Europe conference in London on June 18. Part of a monthly update on new members of Hyperledger, Behlendorf said June’s rollout included the Ethereum Foundation as a non-profit member, while supply chain standards body GS1 is also now on board. Hosted by the Linux Foundation, Hyperledger already counts IBM, JPMorgan Chase, Deutsche Boerse…

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Bitcoin 

New CryptoCompare Research Assesses Top Performers Among Crypto Exchanges

Cryptocurrencies data and indices provider CryptoCompare’s new research has assessed and ranked performance among cryptocurrency exchanges as of June 2019. To prepare the ranking of cryptocurrency exchanges, CryptoCompare analyzed data collected between May 1 and May 30 of the current year, considering a series of key components such as geography, legal and regulatory assessment, investment, company quality, data provision and market quality, and trade surveillance. Top performers are reportedly located in the United States, South Korea, and Japan, while Malta is underperforming in its resident digital currency exchanges. CryptoCompare states…

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Bitcoin 

Bitcoin Mining Hashrate Is Becoming More Distributed Among Pools

The bitcoin (BTC) mining hashrate is becoming more distributed among mining pools, according to a report published by cryptocurrency research firm Diar on May 13. Per the report, smaller mining pools have made significant gains this year as unknown miners either drop off or change pools. Percentage of bitcoin blocks mined per mining pool. Source: Diar Unknown bitcoin miners had reportedly gone from solving 6% of the blocks at the start of last year to 22% by the end of 2018. However, the report claims that this trend has now…

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Bitcoin 

Singapore’s Wealth Fund GIC Among Those to Raise $300 Mln for Coinbase in 2018

Singapore’s Government Investment Corporation (GIC) was reportedly one of the investors to have helped raise $300 million for major United States crypto wallet provider and exchange service Coinbase in 2018. Bloomberg reported the news on Feb. 28, citing anonymous sources familiar with the matter. According to its official website, GIC — which was founded to manage Singapore’s foreign reserves — has in excess of $100 billion assets in over 40 countries worldwide. As reported, Coinbase revealed it had raised $300 million in a Series E equity financing round in October…

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Bitcoin 

Cryptos Trade Sideways With Mild Gains and Losses Among Top Coins, Bitcoin Above $3,600

Thursday, Jan. 24 — the top 20 cryptocurrencies are mostly trading sideways with slight losses and gains across the board. Bitcoin (BTC) is currently creeping above $3,600 according to data from CoinMarketCap. Market visualization from Coin360 At press time, Bitcoin is continuing to trade around the $3,600 threshold as it did yesterday. The current price is $3,610, up 0.65 percent on the day. On its weekly chart, Bitcoin is down 1.4 percent from $3,670 on Jan. 17. Bitcoin 7-day price chart. Source: CoinMarketCap Ripple (XRP) is seeing minor gains on…

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Bitcoin 

Crypto Is Among SEC’s Top Examination Priorities for 2019

Cryptocurrencies are one of the United States Securities and Exchange Commission’s (SEC) top examination priorities this year, according to an official statement announced by the commission Dec. 20. In the SEC’s Office of Compliance Inspections and Examinations (OCIE) recent report, digital assets — specified as  cryptocurrencies, coins and tokens — are included among the six “themes for OCIE’s 2019 Examination Priorities.” The report states that the the office is planning to focus on monitoring the emerging market and enforcing compliance with existing laws: “OCIE will continue to monitor the offer…

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