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The head of the platform and co-founder of Digital Assets Data, Mike Alfred, in a conversation with the Cointelegraph admitted that miners could be behind the sharp fluctuations in bitcoin at the end of June.

“It's hard to say for sure, but it seems to me that the actions of miners have a direct and immediate effect on the price. This is especially noticeable in the events falling out of the general series, as happened on June 23. On this day, miners sold three times as many bitcoins as they mined, ”the expert shared his thoughts.

On June 18, Alfred drew attention to a marked decrease in the indicator of miners' confidence in growth (MRI) after halving . In other words, at that time, this group of market participants began to hold more than to sell the mined cryptocurrency. Five days later, MRI took off, indicating an increase in sales, which could be one of the reasons for Bitcoin's weakness in recent days. Bitcoin has been trading in a narrow range of $ 9,000 – $ 10,000 over the past two months and is now close to its lower limit. On Thursday, for a short time, the price fell below $ 9000, but by now it has returned to $ 9100 (Bitstamp data). Recall, the day before, analyst Dmitry Perepelkin analyzed the technical picture of bitcoin and allowed a possible drop in prices to at least $ 8600. Subscribe to ForkLog news on VK !

The Chicago Mercantile Exchange (CME Group) introduced specifications for bitcoin options, the launch of which is expected in the first quarter of 2020. Get ready for the launch of options on Bitcoin futures in Q1 2020. See contract specifications now: https://t.co/iI1Yi0csGW pic.twitter.com/4UPH5kKsHH – CMEGroup (@CMEGroup) October 30, 2019 The site says that new instruments will be calculated and based on CME CF Bitcoin […]

Overstock and the Tezos Foundation tZERO security token platform over the next few years plans to tokenize real estate in the UK with a total value of £ 500 million (about $ 643 million). 1 / We are thrilled to work with @tzeroblockchain, @allianceinv, and Megalodon to tokenize £ 500m of real estate assets across the UK on @tezos over the next several years. # Tezoshttps: //t.co/rpwYq4Wf9F – Tezos [… ]

Peter Schiff, financial expert and irreconcilable critic of Bitcoin, expressed the opinion that large holders of digital gold are getting richer, while small investors patiently keep cryptocurrency in the hope of its inevitable growth. Bitcoin hodlers won't sell as they believe they'll get rich when #Bitcoin moons. Bitcoin whales get rich by selling now to realize their paper gains before a […]

Financial companies around the world have been subjected to a series of DDoS attacks. Attackers appear to be members of the Fancy Bear hacker group, which is credited with Russian origin and ties with the Russian special services, and demand a ransom in bitcoins. According to CNews, most of the attacked companies are located in Singapore, South Africa and the Scandinavian countries. Scammers on behalf of Fancy Bear require victims of 2 military-technical cooperation to a certain […]

The government of the Chinese city of Guangzhou announced the allocation of 1 billion yuan (about $ 142 million) to subsidize blockchain projects, said Dovi Wang, managing partner of Primitive Ventures, citing local media. BREAKING Local Guangzhou gov just announced a 10B RMB (~ $ 150M USD) government funding dedicated in “blockchain subsidy” for “outstanding blockchain projects” More details […]

The eToro Investment Platform has launched CopyTrader for US customers. It allows you to automatically copy all the transactions of leading crypto traders on the site, reports The Block. Guy Hirsch, managing director of eToro in the USA, explained that the platform selected several cryptocurrency traders with serious experience and a good track record to launch the new function. For example, the founder of the YouTube channel about […]

The effectiveness of the application of regulatory sanctions in the digital currency network Libra will be higher than that of other payment systems. This was stated by Calibra CEO David Marcus during a speech at the Money 20/20 USA conference, Finextra reports. “Digital payment technology is more traceable than when it comes to cash, and will be even safer when working in real time,” […]

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