Bitcoin Whales Accumulate $108M Worth of BTC as Price Dips

Bitcoin whales have started accumulating more tokens after the cryptocurrency’s price dipped below $9,500, according to data aggregator Santiment. Historical data shows that affluent crypto holders are trading bitcoin short-term to extract maximum profits. It suggests an interim price recovery could be underway but warns about a broader downtrend ahead. Ever since Bitcoin broke bearish […]

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Sberbank Buys 5,000 Blockchain ATMs as Russia Ponders Criminalizing Crypto Use

Sberbank, Russia’s largest bank, is buying more contactless ATMs that are powered by blockchain, according to local news agency Izvestia. Interestingly, the move comes amid a proposed bill to penalize individuals and companies that use crypto and Bitcoin in financial transactions. Sberbank Leverages Blockchain for Contactless ATMs To avoid confusion, Sberbank’s ATMs have nothing to […]

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Why Kyber Network Tokens Tripled to $100M Despite the Coronavirus Recession

Kyber may be the Great Lockdown’s hottest token project.  According to the analytics firm Flipside Crypto, the Kyber Network is one of the fastest-growing token projects so far during the coronavirus-led recession (in terms of developer contributions, social media chatter, blockchain records, wallet addresses and corresponding apps). This decentralized exchange (DEX) protocol is associated with […]

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