After a day at the lower bound of a well-defined trading corridor, Bitcoin rose up to tackle $7,650 and reclaim some ground lost in its major slide this week. Bitcoin (BTC) hit $7,600 on Oct. 25 after a spell of bullish upward action saw 2% gains occur in a matter of minutes. Cryptocurrency market daily…
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Banks have already been closed for six working days due to civil unrest, with fresh information confirming they would stay that way for an unspecified time. Bitcoin (BTC) proponents are encouraging Lebanese citizens to swap fiat for crypto after it emerged the country’s banks would stay closed. Banks to open “once normalcy restored” In an…
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Galaxy Digital CEO and founder Michael Novogratz has hinted at new Bitcoin fund, with unconfirmed reports predicting a November launch. Michael Novogratz, Galaxy Digital CEO and chairman, spoke to CNBC’s Squawk Box where he said that a new Bitcoin (BTC) fund was in the works. Novogratz alludes to new funds in interview On Oct. 24,…
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Current, an online bank that allows app-controlled prepaid debit cards and personal checking accounts supervised by parents, has secured $20 million from a group of investors. Current, an online bank that allows app-controlled prepaid debit cards and personal checking accounts supervised by parents, has secured $20 million from a group of investors, including Galaxy Digital…
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Veteran trader Scott Melker revisits some recent Bitcoin trades, as well as an interesting trade on altcoin Ankr Network (ANKR). In my fifth journal entry, I provide updates on my previous Bitcoin (BTC) position, highlight a new BTC position, and discuss a recent altcoin trade on Ankr Network (ANKR). BTC/USD Setting up the trade Entries:…
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“I do believe that Bitcoin eventually will exceed $20,000,” says Joel Birch, founder of crypto hedge fund Lunar. Joel Birch, the founder of crypto hedge fund and market research firm Lunar, said that he sees Bitcoin (BTC) at under $8,000 as a buying opportunity during an interview with Forbes published on Oct. 23. Buying bottom…
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Too many blockchain startups fail. Here is how we can change this, and how the industry can support them better. It’s no secret that starting and successfully launching a blockchain project is hard. When it comes to an ever-evolving and complex technology, getting a project off the ground takes more than just a great idea…
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The country that tried to ban Bitcoin in 2013 is now home to some of the world’s most permissive ICO regulations. After initially seeking to ban Bitcoin in 2013, Thailand has since developed a permissive regulatory apparatus for digital currencies and cryptocurrency fundraising methods. Thai financial services firm Seamico Securities recently announced that it has…
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In his latest comments to Facebook CEO Mark Zuckerberg, the infamously anti-Bitcoin California congressman admitted cryptocurrency had a chance of succeeding. The United States congressman who said the country should ban cryptocurrency returned to publicly slating the phenomenon this week. Sherman: Crypto could “achieve its objectives” During the latest hearing over Facebook’s Libra digital currency…
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Having made a big move at the start of 2019, Bitcoin price now needs to consolidate its gains, argues Fundstrat’s Tom Lee. Having made a big move at the start of 2019, Bitcoin (BTC) now needs to consolidate its gains, argues Fundstrat’s Tom Lee. In an Oct. 22 interview for BlockTV, Lee — a renowned…
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