Venezuelans are paying an average $1,980 premium on LocalBitcoins [UPDATED]

[Note: this article has been updated for accuracy] The average price of BTC on LocalBitcoins Venezuela is $1,980 above the Coinmarketcap spot price, likely making the stricken South American economy one of the world’s most expensive markets for Bitcoin. BTC is currently listed on LBC Venezuela for an average price of 700 million Venezuelan Bolívars […]
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Analysts explain why Bitcoin is ready to enter a bull market again

At long last, Bitcoin has shown signs of life, rallying by 20 percent from the $6,800 bottom put in nearly two weeks ago. Although this recent price action has been deemed a “relief rally” by some analysts, more and more indicators suggest that BTC and the rest of the cryptocurrency market are on the verge […]
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3 key fundamentals that will determine Bitcoin’s 2020 trend investors need to observe

2020 is a crucial year for Bitcoin. The block reward halving, which occurs once every four years, is set to happen this May. Other than the halving, there are three important fundamental factors investors have to consider. The three factors are: the hashrate of the Bitcoin blockchain network, the total number of unique addresses on […]
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Analyst: these major altcoins could rocket higher as crypto markets build strength

Bitcoin’s bulls have been able to hold the benchmark cryptocurrency above the $8,000 level for the past 24-hour, signaling that they have some significant strength at the moment. This strength has spilled over into the altcoin markets, leading many cryptos to incur notable near-term gains. This momentum is elucidated while looking at the recent price […]
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New evidence suggests that XRP could be deemed a security

A document resurfaced on the internet providing concise evidence that Ripple created XRP and that the firm is selling the token in excess of need for profit. The lawsuit against Ripple On Aug. 5, 2019, a new complaint was filed against Ripple. The filing argues that the firm’s tokens are unregistered securities under the U.S. […]
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Dragonchain test demo hits 15,000 transactions per second on its public network

“Enterprise-first” blockchain platform Dragonchain clocked a peak performance of 15,000 transactions per second in a 24-hour performance demonstration Thursday, as reported by the company’s official Twitter account. The test occurred on its live, production network. Dragonchain said that a quarter of a billion transactions were fully processed within the 24-hour window, making for an average […]
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