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ETH experienced an exponential increase in recent times, and its robust metrics applauded in the cryptocurrency domain this year. This cryptocurrency gained more than 75% since the beginning of 2020, as it shifted from a $130 low on the 1st of January to $228 on the 3rd of January. On the other hand, Bitcoin incurred about 22% since the beginning of the year. It experienced a significant drop after trading near $10k and even crossed the critical level briefly on…

Finnish authorities have been on an endless spree of seizing Bitcoins obtained from illegal activities valued at millions. Unfortunately for their cause, they have no idea how to liquidate them. More on the BTC Probe The confiscation of such Bitcoins prompted a debate on the best way to ensure the crypto gets liquidated. Local reports state that the Finnish Customs Service have their hands on a total of 1,666 Bitcoins. The agency managed to seize the cryptos from drug deals…

The company behind Cardano, IOHK, recently announced that it started prioritizing education this year. The company is mainly focusing on the development and expansion of its educational materials in 2020 as it transitions fully into the Shelley era. There is already a comprehensive plan for 2020 to broaden educational materials by the company’s education team. The team’s primary aim is to enhance the understanding of their technologies using various learning and trading assets.  IOHK also aims to offer knowledge and…

A recent report confirmed that Elliott Management Corp secured a significant stake in the social media platform, Twitter. There are claims that the new investor is planning to remove Jack Dorsey from his Twitter CEO position. Elliott management recently appointed four of its representatives to be part of the Twitter’s board. As per the report, Elliott’s problem with Dorsey is that he splits his efforts between working for the success of Twitter, and his payments processor, Square Inc. More About…

Regardless of whether Bitcoin is showing weakness recently, a renowned analyst known as LightCrypto is buying Bitcoin near the $8.5k to $8.6k level. He noted his stance on Bitcoin, remarking that the cryptocurrency sustained well as gold declined below $1600 after moving close to $1700. As per LightCrypto, Gold’s fall is another sign of a vibrant and capitulatory macro environment. On the other hand, Bitcoin is compelling flatlining shows that sellers still support the cryptocurrency.  LightCrypto is Optimistic About Bitcoin’s…

Recently, there is a defamation case in the New South Wales District Court, and Judge Judith Gibson approved the use of cryptocurrency as collateral. The judge said that cryptocurrency is a form of investment with recognition and acknowledged its volatility, as per a brief from the Australian Associated Press. The New South Wales court directed that the plaintiff must deposit 20000 AUD (about $13,000) in a bank account guarded by the courts. In this case, the plaintiff’s loss or success…

On the 27th of February 2020, Bitstamp announced adding full support for SegWit bech32 Bitcoin addresses. The announcement said that all Bitstamp users can now withdraw Bitcoin to bech32 addresses and develop new deposit addresses in this format. In this case, Bitstamp generated new Bitcoin deposit addresses for all its clients. When depositing Bitcoin onto the exchange, Bitstamp users can now choose between the old format or the bech32. Nevertheless, the exchange prefers all users to switch to bech32, claiming…

Bitcoin and the rest of the crypto market have in the past weeks experienced huge value downswings. The gains at the start of 2020 have been all but wiped out in most altcoins thanks to the recent declines. Most of these major cryptos are otherwise getting closer to their critical support levels, a sign that a huge upswing might be around the corner. The same support levels also seem to occur simultaneously with the tremendous barrier that the entire crypto…

The technology giant, Microsoft, has announced a critical update of its Edge browser on Thursday. The update contains a feature that identifies and prevents the download of potentially unwanted applications, such as cryptojackers. Cryptojackers are bad actors that utilize codes hidden on websites or downloaded on users' hardware devices such as computers. They then proceed to mine cryptocurrencies using the user's processing power. A Microsoft announcement stated that they added this feature after receiving complaints from several users regarding some…