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Alt Season Reigns as Big Money Exits the U.S. Dollar

Open up the keg of powder, it’s time to lock and load. It’s alt season. In July, I predicted a bump of BTC followed by an open alt season. I was right. A perfect storm is bringing back memories of December 2017, and this time big money is looking to exit the U.S. dollar. Duck Season? Rabbit Season? No, Alt Season. It’s official. Alt season is here, and non-bitcoin cryptos are doing what they do best: pump. Total crypto markets have seen a surge from $165 billion in March to

MCO Price Spikes After Crypto.com Announces Token Merging

The Hong-Kong-based company Crypto.com announced a token swap program on Monday. All MCO token holders have until the 2nd of November 2020 to swap their MCO for CRO. The announcement catalyzed MCO trading volume and caused the price to surge. However, several users note some red flags around the whole merging process. Is this operation legit? Is it possible that there’s been insider trading? The Year of Crypto.com 2020 is proving to be very profitable for Crypto.com. As BeInCrypto reported not long ago, the CRO token has been one of

Dogecoin (DOGE) is now being used by crypto hackers after TikTok boom

Dogecoin’s usecases have seemingly evolved over time. The meme coin was initially created as a joke in 2014, turned into one of the hottest cryptocurrencies in 2015, became Elon Musk’s favorite in 2018, and was part of a TikTok challenge in 2020.But things have taken a darker turn for the currency; hackers are now utilizing the token to control crypto mining botnets, security firm Intezer Labs said in a report this week.Such DOGE, much hackIntezer Labs, a New York-based malware analysis and detection firm, found out hackers using the infamous

3 Reasons Why Bitcoin Transactions Are Slow

Aug 01, 2020 at 08:27 // News Despite Bitcoin offering unprecedented decentralization and security, its network has one significant flow, namely, the transaction speed. A single transaction processing can take up to 10 minutes. But why is this happening? To understand why bitcoin transactions sometimes take so much time to confirm, it is essential to first understand how they are verified. Delving into the essence Once a transaction is created, a transaction message is sent to the Bitcoin blockchain and passed around all the nodes available on the network. This