Proving once again that they are among the smartest species on the planet, a group of dolphins have begun adopting cryptocurrency.
Quantum computers have arrived, and new models are introduced every year. Most recently, IBM demonstrated a brand new model at this year’s Consumer Electronics Show. Most quantum computing research is currently limited to academic institutions and major corporations, but the technology will become more widely available in the not-so-distant future.
Bitcoin is down, and alts are down further, but that’s no reason to despair. Things can always be worse: your balance sheet probably didn’t lose as much as Galaxy Digital’s.
Mike Novogratz’s asset management firm experienced a near $30M drop in the value of assets under management (AUM) last month, which could be a sign that some investors are taking value elsewhere.
It’s been a great year for crypto exchanges, with Coinbase making over a billion in annual revenue. But those good times may soon come to an end, according to the head of a London-based exchange group, who says the largest trading platforms will have to specialize or risk being outperformed by competitors.
IOST has a bullish short-term trading bias, with the IOST / USD pair dropping below major technical support on the four-hour time frame.
Litecoin has a bearish short-term trading outlook, with the LTC / USD pair appearing increasingly weak below its 200-period moving average on the four-hour time frame.
EOS has a bearish short-term trading outlook, with the cryptocurrency tumbling well below key technical on the four-hour time frame.
Binance users can now trade some cryptocurrencies on margin, using the exchange’s newly launched trading hub. The new service is paired with the existing cryptocurrency exchange under one platform, dubbed Binance 2.0.
“This is another step in providing an inclusive cryptocurrency trading platform catering to the needs of both advanced institutional traders and retail traders under the same roof,” said Binance CEO Changpeng Zhao. “We are providing a new tool in the financial services and cryptocurrency markets to help amplify trading results of successful trades.”
When it comes to dealing with emerging technologies, the IRS tends to move slowly — too slowly for Congressman Tom Emmer, one of the leading advocates for digital assets on Capitol Hill. The Minnesota Republican has reintroduced legislation to provide a “safe harbor” for holders of forked cryptocurrencies, such as Bitcoin Cash and Bitcoin SV.
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