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The US Senate will hold a hearing on the Libra cryptocurrency in July

Senate-hearing-on-the-Libra-cryptocurrency The US Senate will hold a hearing on the Libra cryptocurrency in July

The US Senate Committee on Banking, Housing and Urban Affairs on July 16 will hold a hearing on the new Libra cryptocurrency being developed by Facebook.

A hearing entitled "Examining Facebook's Proposed Digital Currency and Data Privacy Considerations" was scheduled after calls from members of Congress to study the Libra project and its potential risks more carefully. There were even calls to stop the work on the project before the hearing.

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Bloomberg predicts Bitcoin rate correction observed in recent days may continue

Bloomberg-Bitcoin-rate-correction-may-continue Bloomberg predicts Bitcoin rate correction observed in recent days may continue

May was very successful for the first cryptocurrency - the Bitcoin rate rose by 60%, however, Bloomberg analysts believe that the correction observed in recent days not ended.

According to analysts, GTI Vera Convergence-Divergence indicator, which tracks positive and negative trends, points to a continuation of the fall. For the first time since April, the indicator issued a signal to sell the first cryptocurrency.

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Delphi Digital: Bitcoin is the most profitable asset in 2019

Delphi-Digital-Bitcoin-is-the-most-profitable-asset Delphi Digital: Bitcoin is the most profitable asset in 2019

Delphi Digital analysts said that in 2019, Bitcoin is the most profitable asset - in May of this year, the rate of the first cryptocurrency increased by 60%.

"The acceleration in BTC's performance comes at a time when conventional risk assets, notably global equity markets, continue to see selling pressure […]," analysts emphasized.

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Binance transferred Bitcoins for $ 1.26 billion with a commission of $ 124.6

Binance-transferred-Bitcoins-for--1-26-billion Binance transferred Bitcoins for $ 1.26 billion with a commission of $ 124.6

The largest cryptocurrency exchange Binance has transferred Bitcoins worth $ 1.26 billion from one wallet to another. The amount of commissions was only $ 124.6.

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Binance research: institutional investors enter the cryptocurrency market

Binance-institutional-investors Binance research: institutional investors enter the cryptocurrency market

A study of Binance, one of the largest cryptocurrency exchanges, showed that new institutional investors are coming into the industry, which may affect the rise in Bitcoin prices.

According to analysts, a significant number of new investors are entering the market, which have a large amount of funds.

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User paid 200 LTC commission for a transaction in the amount of 8.88 LTC

User-paid-200-LTC-commission User paid 200 LTC commission for a transaction in the amount of 8.88 LTC

According to the Chepicap portal, an unknown sender transferred a transaction in the amount of 8.88 LTC (~ $ 1000) in the Litecoin network and paid a fee of 200 LTC (more than $ 22000).

Thus, the size of the commission exceeded the amount sent by 22 times. The transaction was added to the block, mined by the Chinese mining pool LTC.TOP.

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ICObench Report: ICO and IEO market shows growth after a “cryptocurrency winter”

ICObench-Report-ICO-and-IEO-market-shows-growth ICObench Report: ICO and IEO market shows growth after a “cryptocurrency winter”

The ICO and IEO industry is showing signs of growth due to positive investor sentiment, obviously spurred by a recent cryptocurrency rally.

These data published in the new report of the rating agency ICObench. As of May 21, the ICO's success rate has increased, reflecting an improvement in the quality of projects. 85% of all funds raised in May were received by projects with a high rating (3-3.5), while in April, the share of these ICOs accounted for 68% of the funds raised.

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Facebook will release its own cryptocurrency GlobalCoin in 2020

Facebook-will-release-GlobalCoin-in-2020 Facebook will release its own cryptocurrency GlobalCoin in 2020

The world's largest social network Facebook plans to release its own cryptocurrency called GlobalCoin next year.

According to the BBC, Facebook will launch a system of cryptocurrency payments in the "dozen countries" by the first quarter of 2020. The company intends to begin testing the system by the end of this year. More information about Facebook plans will appear in the coming months.

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Launch of the Telegram Open Network (TON) is possible in Q3 of this year

1-Launch-of-the-Telegram-Open-Network-TON Launch of the Telegram Open Network (TON) is possible in Q3 of this year

Telegram Company informed in a letter to investors that it plans to launch its project Telegram Open Network (TON) in the 3rd quarter of this year.

Representatives of Telegram said in their letter to investors that the network is being tested successfully: the test blockchain works fine, and the consensus algorithm is consistent with the goals stated in the Whitepaper of the project.

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WhatsApp users will be able to send BTC and LTC using a special bot

WhatsApp-users-will-be-able-to-send-BTC-and-LTC WhatsApp users will be able to send BTC and LTC using a special bot

The company Zulu Republic announced the launch of a new bot in the popular WhatsApp messenger, through which users can send and receive BTC and LTC.

The bot in the messenger works with the Lite.IM cryptocurrency platform and allows you to receive and send cryptocurrency, view transactions in the wallet, make settings and export the wallet.

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Chainalysis research: 376 people own 33% of all ETH

Chainalysis-376-people-own-33-of-all-ETH Chainalysis research: 376 people own 33% of all ETH

According to the Chainalysis study, a third of all ethers in circulation belong to only 376 people.

The study showed that despite the control of a significant part of ETH, these "whales" accounted for only 7% of all Ethereum transactions. Chainalysis concluded that, although these people do not necessarily have a significant impact on the price of ETH, they contribute to market volatility when large sales are made.

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BitMEX research: investment in ICO decreased by 97%, the number of IEO is growing

BitMEX-research-investment-in-ICO-decreased BitMEX research: investment in ICO decreased by 97%, the number of IEO is growing

According to the BitMEX cryptocurrency exchange study, investment in the ICO industry decreased by 97% compared with the previous year, and reached only $ 40 million in the first quarter of 2019.

According to the study, in the first quarter of 2019, the ICO market volume showed a decline of 97%, compared to the same period of 2018. According to the report, the top 10 ICO projects in terms of capital attracted in 2018 included EOS, Telegram, Dfinity, Bankera, t0, Basis, Orbs PumaPay, Jet8 and Unikoin Gold.

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Bitcoin miners earn commissions 8 times more than miners of all altcoins

Bitcoin-miners-earn-commissions-8-times-more Bitcoin miners earn commissions 8 times more than miners of all altcoins

According to Messari analyst's OnChainFx rating dated May 10, Bitcoin miners, on transaction processing fees alone, received $ 580,000 per day. 

For comparison, all of the miners of other cryptocurrencies, also analyzed by Messari, for the same period, earned 8 times less.

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Delphi Digital: Bitcoin Enters the New Growth Cycle

Delphi-Digital-Bitcoin-New-Growth-Cycle Delphi Digital: Bitcoin Enters the New Growth Cycle

The analytical company Delphi Digital has conducted a study, according to which the bottom of the cryptocurrency market has already been passed and a new cycle of Bitcoin exchange rate growth has arrived.

The researchers analyzed the blockchain first cryptocurrency, macroeconomic trends and several options for technical analysis. Judging by the analysis of the bitcoin blockchain, especially by the distribution of unspent transactions by age (UTXO), the bottom of the current cycle has already been passed.

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Traders hope to see Bitcoin above $ 330,000 already in 2021

Bitcoin-above--330000--in-2021 Traders hope to see Bitcoin above $ 330,000 already in 2021

A few days ago, Bitcoin updated the annual maximum, rising above $ 5,800. Some analysts have already stated that Bitcoin is preparing for the campaign to the level of $ 400,000.

Today, "digital gold" on most exchanges is trading at about $ 5,700. Market capitalization exceeded $ 100 billion, and daily trading volume is more than $ 14 billion.

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WSJ: Facebook plans to create a full-featured payment system based on stablecoin

Facebook--payment-system-based-on-stablecoin WSJ: Facebook plans to create a full-featured payment system based on stablecoin

Stablecoin, which is allegedly developing the social network Facebook, will serve as the foundation for the creation of a new payment system.

Project Libra - the internal name of the new blockchain-initiative Facebook - will use a stable cryptoasset, secured by fiat currency. Various sources report that the company is already working on attracting financial companies that will support the project.

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Research: almost 47% of users prefer Bitcoin to other cryptocurrencies

47-of-users-prefer-Bitcoin Research: almost 47% of users prefer Bitcoin to other cryptocurrencies

According to a study conducted by the Value Walk news website, 46.7% of users prefer to invest in Bitcoin, rather than other cryptocurrencies.

As part of the survey, respondents were asked a few questions. When answering the question "What is your favorite coin?" 46.7% chose Bitcoin, 31.4% - Ethereum, and 21% - Ripple.

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Binance launches buying of cryptocurrencies with plastic cards via the Android App

Binance-launches-buying-of-cryptocurrencies-with-plastic-cards Binance launches buying of cryptocurrencies with plastic cards

Binance Exchange announced the possibility of buying multiple cryptocurrencies with credit cards through a mobile application on Android. The function is available after updating the application to version 1.5.8.0.

The possibility of buying cryptocurrency using plastic cards in a mobile application has become a continuation of the cryptocurrency exchange's cooperation with the payment startup Simplex. According to company representatives, currently BTC, ETH, XRP, LTC and BCHABC are available for purchase.

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