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Newly Published Report Suggests Crypto Winter Is Coming To An End

During the crypto winter, positive news has been very scarce and so when some good news surfaces, most crypto enthusiasts will flood towards it and start coming up with wild speculations of the next bull run, partnership or price prediction for the industry. All that being said, we actually do have some legitimate evidence that the crypto winter could be coming to an end. As Bitcoin shows some unexpected resilience and price is staying relatively stable in an industry that seemingly wants to kill it off, there are many factors that many Bitcoin fanatics like to keep a keen eye...

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Bitcoin ATM Burgled in Memphis

The Bitcoin ATM provider, BitKing LLC started its operations last November with just one machine based in downtown Memphis but now they have suffered their first burglary in one of their machines located at Railgarten on Central Avenue in Memphis. Their story gained some traction on the popular social network, Reddit and so CCN reached out to Sean Pezeshk for more information in regards to the stolen ATM. Pezeshk is the firms primary operator who runs BitKing along with Josh Roberts. He says that in the last few weeks, the ATM was hijacked. The ATM was the only target of...

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Correlation Between Bitcoin (BTC) And S&P 500 Points To Major Sell Off Ahead

Bitcoin (BTC) investors keep pointing to correlations between the S&P 500 and Bitcoin (BTC) when it suits them most of the time. However, when things start to get too realistic, this correlation is all of a sudden forgotten. A lot of analysts and investors have in the recent past pointed to short term inverse relationships between the S&P 500 and Bitcoin (BTC) but in that they have ignored the long term direct relationship that makes a lot more sense. It is important to note though that if the S&P 500 (SPX) rises when BTC/USD falls at some point that does...

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No Bitcoin Support On Galaxy S10, Only Ethereum

Samsung recently hosted its Unpacked event and showed off the Galaxy S10 lineup to the world. Well, the event didn’t gain that much traction so little was known about the offering aside from the fact that it was dubbed as the “blockchain keystore”. The idea of the keystore is so that private keys can be stored on the phone for blockchain enabled mobile apps. Over the few weeks that followed the, more details and images reached social media claiming that the keystore was actually a fully-fledged crypto wallet that supported Bitcoin, Ethereum and maybe even ERC-20 tokens. One YouTuber, by...

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Crypto Adoption Will Grow As Lightning Network Evolves

The Lightning Network is expected to be one of the next big things in the crypto world and is lauded by its proponents to be the ultimate fix to any scaling problem Bitcoin will encounter. This is an added layer to the Bitcoin protocol which is intended to create a faster channel to make payments. One of the biggest problems that affect Bitcoin is scaling. Despite this, the Lightning Network will provide users with payment solutions on an instant level that will enable people to use the leading cryptocurrency in order to purchase an everyday item like a cup of...

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