BitcoinBreaking - Your source for CryptoNews

01 Jun 2021 08:38

Average Bitcoin Transaction Fee Hits Lowest Level Since January As Market Cools Down

And thanks to new restrictions on Bitcoin mining in China, fewer computers are competing for blocks.

In brief

▪️The average Bitcoin transaction fee is now 0.0002 BTC, or around $7.

▪️That’s the lowest it’s been since January 1, according to data from BitInfoCharts.

✍By Will Gottsegen✍

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31 May 2021 20:26

Ethereum Devs Close EIP-1559 Loophole That Could Have Overwhelmed Blockchain

Ethereum developers quickly patched up EIP-1559 a month and a half before it's set to go live.

In brief

▪️Ethereum developer Martin Holst Swende identified and suggested a fix for a loophole in EIP-1559, a major upgrade scheduled for mid-July.

▪️The loophole, if left unfixed, would have allowed for fake large transactions that could overwhelm the network.

✍By Ekin Genç✍

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31 May 2021 06:26

UK Bank Bans Crypto Exchange Deposits Due To ‘Suspected Financial Crime’

Starling told Decrypt it has barred deposits to cryptocurrency exchanges while it deals with “high levels of suspected financial crime.”

In brief

▪️Starling, a UK digital bank, has barred its customers from sending money to cryptocurrency exchanges. Withdrawals aren’t affected.

▪️Other UK banks continue to allow deposits.

✍By Ekin Genç✍

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30 May 2021 13:43

This NFT Self-Destructs If Global Temperature Rises Above 2°C

Art and research DAO terra0 has coded its NFT so that anyone can destroy it if the global temperature reaches a critical point.

In brief

▪️Two Degrees is a 20-second video minted as an NFT with a self-destructive code function.

▪️The NFT monitors NASA’s global temperature data via an oracle on Ethereum.

✍By Ekin Genç✍

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29 May 2021 18:03

UK Crime Agency: Bitcoin Adoption Makes Life Easier For Criminals

The UK’s National Crime Agency laid out its concerns about crypto in its assessment of serious and organized crime.

In brief

▪️The UK's National Crime Agency has released its annual assessment of serious organized crime.

▪️When it comes to crypto, the NCA is worried about blackmail, sanctions, and dark web markets.

✍By Scott Chipolina✍

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29 May 2021 09:03

About $2.1 Billion in Bitcoin Options Expired Today

Crypto’s worst month this year sees the smallest volume of options contracts.

In brief

▪️$2.1 billion worth of Bitcoin options will expire today.

▪️The “max pain” this month is $50,000.

✍By Ekin Genç✍

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28 May 2021 17:31

Bank of Canada Says Its Digital Currency Will Be Greener Than Bitcoin

The Bank of Canada says it won’t have to rely on “wasteful methods of mining technologies” when issuing its national digital currency.

In brief

▪️The deputy governor of Canada's central bank has said a national digital currency would be far more environmentally friendly.

▪️He added that there are no plans for the launch of a digital Canadian dollar any time soon.

✍By Liam Frost✍

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27 May 2021 18:33

Michael Saylor Defends Elon Musk, Bitcoin Mining Council Against Centralization Criticisms

He also railed against “uninformed parties”, and expressed a desire to control the narrative around Bitcoin’s environmental impact.

In brief

▪️At a conference today, MicroStrategy CEO Michael Saylor spoke about the newly formed Bitcoin Mining Council.

▪️He claimed the council, which involves many prominent mining companies, is committed to decentralization—something critics see as a paradox.

✍By Will Gottsegen✍

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27 May 2021 08:33

PayPal to Let Users Send Bitcoin Off PayPal

PayPal's crypto operations could expand significantly as the company adds support for third-party wallets.

In brief

▪️PayPal and Venmo users will soon be able to send Bitcoin to each other and to other platforms.

▪️It signifies a deepening of PayPal's crypto ambitions.

✍By Jeff John Roberts✍

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26 May 2021 15:29

Redditors Are Turning to Crypto, Not GameStop, Amid Market Volatility

Retail investors are switching their focus from equities to cryptocurrencies—at least those active on Reddit.

In brief

▪️Discussion on r/Cryptocurrency has overtaken activity on the WallStreetBets forum this month. 

▪️According to researchers, traders are not only chasing quick returns but also want to have some fun and to invest in storylines. 

✍By Andrew Asmakov✍

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25 May 2021 19:50

South Korea to Kick Off Digital Currency Experiment This Summer

The Bank of Korea will launch a pilot program for its central bank digital currency, but actual issuance is still under question.

In brief

▪️The Bank of Korea is seeking a tech partner for its pilot digital currency development program. 

▪️The trial will be carried out in two stages, with the first stage scheduled to kick off this summer. 

✍By Andrew Asmakov✍

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25 May 2021 08:50

Elon Musk’s Approach to Scaling Dogecoin Is ‘Fundamentally Flawed’: Ethereum Co-Founder

Ethereum co-founder Vitalik Buterin criticized Elon Musk’s “10x” DOGE scaling proposal and explained why this is a bad idea.

In brief

▪️Co-founder of Ethereum, Vitalik Buterin, took time to unpack the flawed thinking in Elon Musk's recent scalability solution.

▪️The critique also reminded the crypto community of the difficulties in scaling blockchain networks, Dogecoin or otherwise.

✍By Liam Frost✍

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24 May 2021 19:35

Dynamo Kiev to Sell NFT Soccer Tickets on Upcoming Binance Marketplace

The Ukrainian Premier League’s most titled team will become the first soccer team to do so.

In brief

▪️Dynamo Kiev will help launch Binance’s NFT marketplace by selling NFT match tickets.

▪️Tickets will be exclusively sold on the Binance marketplace.

▪️Some NFT goodies will also be ready by the start of the season.

✍By Tim Hakki✍

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24 May 2021 08:34

Huobi, OKEx Limit Services for Chinese Customers Ahead of Gov Crackdown

Huboi has restricted Chinese citizens from crypto derivatives trading and some mining services, while OKEx will pause trading for its coin OKB in China.

In brief

▪️Huobi will stop selling mining machines and custody services to Chinese customers.

▪️It will also discontinue derivatives trading in China.

▪️OKEx will temporarily halt trading for its coin, OKB, in China.

✍By Ekin Genç✍

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23 May 2021 16:40

Bitcoin Spent on Two Pizzas in 2010 Now Worth $384 Million

Today’s the 11th anniversary of the day a Florida man spent 10,000 Bitcoin on two pizzas.

In brief

▪️Laszlo Hanyecz, a Florida man, bought two pizzas with 10,000 Bitcoin in 2010.

▪️Those pizzas would be worth $384 million today.

✍By Ekin Genç✍

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01 Jun 2021 08:35

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31 May 2021 15:26

Ripple Stops SEC From Accessing Its Legal Concerns About XRP

The US Securities and Exchange Commission (SEC) thought that learning about Ripple’s concerns about XRP could support its legal case.

In brief

▪️The SEC wanted to access Ripple’s legal concerns (its “subjective state of mind”) about XRP’s status as it could bolster its legal argument against the company.

▪️Ripple managed to prevent the SEC from accessing those legal records.

✍By Ekin Genç✍

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30 May 2021 18:44

Joe Exotic Launches Tiger King Cryptocurrency

Tiger King’s Joe Exotic and Carole Baskin take their feud to crypto markets.

In brief

▪️Joe Exotic launched his cryptocurrency TKING and will soon sell NFTs to help settle legal fees.

▪️His arch-nemesis Carole Baskin also launched a cryptocurrency, CAT.

✍By Ekin Genç✍

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30 May 2021 08:43

Ethereum Transaction Fees Hit Lowest Levels Since January

Ethereum's average transaction fees are at their lowest price since January as activity on the blockchain wanes.

In brief

▪️Ethereum's average transaction fees are at their lowest price since January.

▪️Just two weeks ago, they hit highs of almost $70.

✍By Robert Stevens✍

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29 May 2021 15:03

Australian Tax Office Warns Crypto and NFT Investors to Report Activity

Cryptocurrency holders who think they can dodge their tax obligations will soon get a letter from the Australian tax agency.

In brief

▪️The Australian Taxation Office expects to prompt as many as 300,000 cryptocurrency investors to report their capital gains.

▪️The agency has warned that cryptocurrencies and non-fungible tokens (NFTs) are still subject to normal capital gains taxes.

✍By Andrew Asmakov✍

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28 May 2021 18:31

Carl Icahn Hints at $1.5 Billion Investment in Cryptocurrencies

The billionaire investor is exploring opportunities within the cryptocurrency space and may invest as much as $1.5 billion.

In brief

▪️Carl Icahn said that he was "looking at the whole business," saying that he may enter in a "big way."

▪️The legendary investor is just the latest name brand to flip bullish on the industry.

✍By Andrew Asmakov✍

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28 May 2021 08:31

Bitcoin Retests $40,000 as Biden Announces $6 Trillion Budget

Biden is pushing Congress to spend more than ever before.

In brief

▪️The New York Times today reported that Joe Biden is proposing a spending plan of $6 trillion next year.

▪️Bitcoin and stocks rose following the news.

▪️Congress still needs to approve the plan.

✍By Mathew Di Salvo✍

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27 May 2021 15:33

Tezos Users Sue IRS Over Crypto
Staking Rules

The lawsuit has big implications for proof-of-stake projects across the crypto landscape.

In brief

▪️A Nashville couple has filed a lawsuit against the IRS asking for a refund for tax paid on Tezos block rewards.

▪️The case has important implications for how proof-of-stake rewards are taxed.

✍By Jeff John Roberts✍

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26 May 2021 19:29

Elon Musk Says He Spoke With 'North American Bitcoin Miners' About Sustainability

The price immediately shot up $2,000.

In brief

▪️In a new tweet, Elon Musk said he spoke with "North American Bitcoin miners" about the question of sustainability in crypto.

▪️The price of Bitcoin immediately went up $2,000.

✍By Will Gottsegen✍

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26 May 2021 08:29

Coinbase Launches New Version of Prime Brokerage in Bid to Diversify Revenue

Coinbase's revamped Prime offering could let it tap new revenue from corporate and institutional clients.

In brief

▪️The revamped Prime offering is aimed at banks and big companies

▪️The service lets Coinbase Prime customers trade, store and finance their crypto assets

✍By Jeff John Roberts✍

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25 May 2021 16:50

Former SEC Chairman Is Advising the Latest Bitcoin ETF Contender

Under Jay Claton’s watch, the SEC rejected a number of Bitcoin ETF applications. Now, he’s helping One River try and get one approved.

In brief

▪️One River Asset Management is the latest company to file an application to the SEC for a carbon-neutral Bitcoin ETF.

▪️Jay Clayton, the SEC’s ex-Chairman, is now a crypto advisor at One River.

▪️Ironically, it looks like Clayton, who previously rejected Bitcoin ETF applications during his time at the SEC, could help One River get approved.

✍By Mathew Di Salvo✍

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24 May 2021 22:46

HeyGuys ready for my secret ultra low cap gem recommendation:

📌Mandala Exchange (MDXT).📌

This exchange is totally backed by Binance. Same developpers, same trading pairs and also SAFU. Their beta app just came out a few weeks ago and price is starting to take off. Im already using the app. So similar to Binance!

Reason to invest in MDXT is that the Mandala Exchange is hosted on the Binance Cloud and powered by the Binance Smart Chain. Don't wait when MDXT will become mainstream.🚀🚀🚀 Buy a lot when the price is extremely low.
Currently around 0.40 Cents.

❌This will be the next BNB.❌

Here an overview about the impressive $MDXT Mandala Exchange Token.

MANDALA EXCHANGE (MDX token)- The 1st Private Exchange powered by BINANCE CLOUD.

While TOKO is also powered by BINANCE CLOUD, but owned by Binance to focus on Indonesian market, Mandala is TRULY INTERNATIONAL Exchange that is LIVE already, with a Fully Compliant US exchange launch planned for Q4 2021

Why A'm I extremely Bullish on MDXT:
▪️ Has the Largest/Deepest liquidity in the market
▪️ HAS THE LOWEST FEES (only 50% of Binance fees) for the LARGEST LIQUIDTY on the Market
▪️ Has Highest Security backed by Binance and Mandala teams
▪️ Funds are SAFU with Binance Wallet architecture
▪️ Has ALL the pairs on Binance and UNIQUE Pairs Only available on Mandala
▪️ FUTURES/Hummingbot/Margin all launching in Q2 (likely early May)
▪️ INTERNATIONAL exchange currently LIVE and US Exchange launch planned for Q4 2021

BUY MDXT Direct from Mandala Exchange with Usdt pair.

USE MY LINK TO SUPPORT ME
https://trade.mandala.exchange/account/signup?ref=3MT41CRD

Registration without KYC is possible.


You can withdraw token to your erc20 wallet than.
Binance listing is guaranteed since they are exclusive partners.

Current Price: 0,14 Cent
My target: +10$ minimum easily
Time: within 6 month

To show you my full transparency: I invested myself $250k (at 0.35-0.4$) and Im ready to throw in the same again if we dip.

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24 May 2021 15:35

Crypto-Exposed Stocks Dip as Bitcoin Crashes

Shares in Tesla, Coinbase and MicroStrategy fell on Friday along with the price of Bitcoin.

In brief

▪️Bitcoin's price has been in freefall this week.

▪️Shares in companies linked to the currency also took a tumble on Friday.

▪️Even futures and oil prices have dipped, according to Rabobank analysts.

✍By Tim Hakki✍

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23 May 2021 18:40

World’s Chess Champions Compete for Bitcoin in FTX Crypto Cup

There’s 2.18 Bitcoin up for grabs at the end of a nine-day chess tournament.

In brief

▪️World’s top chess players will compete for 2.18 Bitcoin and a cash prize of $220,000.

▪️The competition is sponsored by FTX, a cryptocurrency exchange.

✍By Ekin Genç✍

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23 May 2021 08:40

Goldman Sachs Reconsiders Whether Bitcoin is Legitimate Asset

Little over a year ago, the investment bank said crypto was not an asset class. Now it’s taking a second look.

In brief

▪️Pages from a forthcoming report on crypto by Goldman Sachs have been shared on Twitter.

▪️The report represents an about-turn from the bank’s position this time last year.

✍By Tim Hakki✍

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