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104 Addresses Hold 70% of Tether, Research Reveals

</header> <strong>The ownership of tether (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/USDT” target=”_blank” rel=”noopener noreferrer”>USDT</a>) turns out to be quite concentrated. According to a recent report, a few addresses control the bulk of the stablecoin, which is widely used by bitcoin traders. The finding comes on top of fresh accusations of creating a bubble levied in a lawsuit against …

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Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin

<header class=”article__header”> </header> <strong>The BCH-centric web portal Bitcoinbch.com published an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> transactions in the country exceed <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BTC” target=”_blank” rel=”noopener noreferrer”>BTC</a> transactions by a wide margin and <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” …

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Crypto Investment Group Grayscale Releases Bitcoin Cash Primer

</header> <strong>Crypto investment firm Grayscale has just released “An Introduction to Bitcoin Cash” highlighting the basics of <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> for those who may be yet unfamiliar, or just wish to brush up on the popular token forked from Bitcoin Core on August 1, 2017. With a significant reputation in the industry, …

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German Bank Predicts BTC at $90,000 After Next Halving

</header> <strong>You wouldn’t expect a traditional financial institution to come up with a very optimistic forecast</strong><strong> about the future of a cryptocurrency or an honest appraisal of its design. But Bayern LB, a lender based in the rich German province of Bavaria, has surprised the crypto community. In a recently published research paper, the bank …

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Initiative to Curtail Negative Interest Rates Gains Traction in Germany

</header> <strong>Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden</strong><strong> on to their customers. Some political factions in Germany, however, aren’t happy with the trend and are pushing for adequate protection for the ordinary small …

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Indian Finance Minister Addresses Crypto Proposal – Industry Responds

<header class=”article__header”> </header> <strong>India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed and incomplete.</strong> Also read: Calls Intensify for Indian Government to Regulate …

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Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing

<header class=”article__header”> </header> <strong>The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. The report contains the draft bill which proposes a ban on cryptocurrency.</strong> Also …

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Market Rebound Boosts Adoption of Cryptocurrencies for Payments

</header> <strong>The use of digital assets to make payments is growing, according to a recently published </strong><strong>study. It reveals that cryptocurrency’s role as a viable means of payment has been expanding and this year’s market rebound has increased the turnover of crypto payments. The report suggests that debit cards linked to digital currency wallets will …

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74% of the World’s Bitcoin Mining Operations Driven by Renewable Energy Says Report

<header class=”article__header”> </header> <strong>There’s a lot of debate over whether bitcoin mining is bad for the environment. Many bureaucrats and mainstream media pundits claim that mining is wasteful and bitcoin’s energy consumption cannot be ignored. However, these claims have been refuted in the past and on June 6, Coinshares published a report that details mining …

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India Progressing on Crypto Regulation Amid Ban Rumor

<header class=”article__header”> </header> <strong>The Indian government has been progressing on cryptocurrency regulation. A recent report from the Ministry of Finance confirms some recommendations. Meanwhile, local media reported Friday that a draft bill on the regulatory framework for cryptocurrencies is being circulated among relevant government departments.</strong> Also read: Indian Supreme Court Postpones Crypto Case at Government’s …

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