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How BTC’s Crash is a Good sign for Future Market Cycles

It’s been an interesting 24 hours in the crypto space. Everyone seemed to be dreading the crypto correction and now it has finally happened as the markets are bleeding red. Bitcoin has lost ten percent of its value and altcoins have taken a pretty brutal beating. It isn’t all doom and gloom though as this bearish movement will present new support zones and entry levels for traders and investors. All good things must come to an end We’re basically in the middle of May now and so far, this month has been pretty kind to the crypto markets. At the...

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Why We Don’t Need Failed Fiat Stablecoins Like USDT?

Developers from Platinum Q DAO shares a secret of creating definitely reliable stablecoins like  USDQ, KRWQ, CNYQ and JPYQ. Haleel Risthisen is an active member of crypto community who has contributed extensively to emerging blockchain-based solutions. She currently works as a Blockchain Engineer at Platinum Q DAO Engineering, leveraging her skills in cryptography and DLT to help develop USDQ, a fully decentralized stablecoin for easy Bitcoin collateralization. Accustomed to agile and SCRUM environments, she combines a platform-level architecture mind and ability to discern lower-level challenges and bottlenecks, always ready to consult customers on the journey ahead and choices available. Dedicated...

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Flash Crash Occurs As Bitcoin & Ethereum Start to Sink Once More

Well then… that bull run didn't last very long, did it? In the early hours of today, the price of Bitcoin dropped from around $7,800 to $6,700 within just minutes on the BitMEX platform. Straight after that, the price of Ethereum followed suit as it sunk below the $200 mark. The shocking drop of Bitcoin was more than likely triggered by the placement of a big sell order on Bitstamp and other big major crypto exchanges. Stop run on stamp to trigger Bitmex liquidations. pic.twitter.com/RBmtjr88mT — Light (@LightCrypto) May 17, 2019 A developer at Gnosis, Eric Conner has said: “For...

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How Ledger Benefitted from the Binance Hack

The recent security breach on Binance had a knock-on effect for the whole ecosystem. Aside from prices, a lot of crypto investors were doing everything they could to increase their security as much as they could to keep their investments safe. The CEO of Ledger, Pascal Gauthier has explained that after the news broke about Binance, the sales of the Ledger’s hardware wallets doubled: “Binance got hacked, and the day Binance got hacked, our sales doubled.” Secure Ledger The French company is behind the manufacturing of hardware wallets. No one would have expected Ledger’s quick rise to the top as...

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Are Stablecoins the Key to Mainstream Adoption?

If there’s the thing that crypto investors want (other than $20k BTC) it’s mass adoption. Cryptocurrency and blockchain have a world of potential but it might not look like what a lot of crypto enthusiasts analysts may have thought that it would have. Big institutions are flooding into the market nowadays but it hasn’t really had an impact on mainstream adoption. Not yet anyway… Granted, Bitcoin has been facing a few scalability issues these past few years as web apps for Ethereum and other blockchains are continuously being developed, the technology that fuels these networks haven’t been able to match...

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