Investment management company Stone Ridge is trying to register a new Bitcoin futures offering with the U.S. Securities and Exchange Commission. Investment management company Stone Ridge is trying to register a new Bitcoin (BTC) futures offering with the United States Securities and Exchange Commission (SEC). The new fund is called NYDIG Bitcoin Strategy Fund and…
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Bitcoin price needs to break out of the $8,200 to $8,500 range or bears could step in to push the price down to $6,500 and below. Around this time last week, the situation was looking increasingly dire for Bitcoin (BTC) and murmurs of a drop to $6,000 and even $3,000 began to circulate amongst traders.…
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Crypto markets failed to continue new recovery trend as 19 out of the top 20 cryptos by market cap are seeing losses. Thursday, Oct. 3 — Crypto markets have again failed to continue their recovery as almost all the top 20 coins by market cap are seeing significant losses. Market visualization. Source: Coin360 After climbing to highs…
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Two Venezuelan companies have partnered to release a cryptocurrency debit card and point-of-sale system. Two Venezuelan companies have partnered to release a cryptocurrency debit card and point-of-sale (PoS) system. “Crypto transfer device” supports four currencies According to a social media release by state-sanctioned exchange CriptoLAGO on Oct. 1, the joint offering with so-called “investment cryptobank”…
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Mt. Gox’s rehabilitation trustee has contacted the United States Department of Justice in search of information about the alleged former BTC-e operator Alexander Vinnik. Nobuaki Kobayashi, trustee of the now-defunct Bitcoin (BTC) exchange Mt. Gox, has contacted the United States Department of Justice (DOJ) in search of information about Alexander Vinnik, the alleged former operator…
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As Bitcoin hovers in the $8,000 range, crypto analysts Ledger Status, Tone Vays and Crypto Cred provide insights on BTC’s$1,700 price drop. As Bitcoin’s (BTC) price floats in the waters of uncertainty in the low $8,000 range, one might wonder how crypto’s largest asset found itself at the bottom of a steep drop after its…
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Though crypto transfers are immutable, offline cryptocurrency transactions may be the key to total censorship resistance for blockchain. Earlier in September, Cointelegraph reported that Israeli cybersecurity startup GK8 had raised $4 million to finance its offline cryptocurrency transaction solution. The company developed a cold wallet with “hot wallet functionalities” that is completely shielded from online hackers because…
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Bitcoin hovers around $8,300, as the cryptocurrency markets continue to trade sideways after BTC’s fake breakout. Wednesday, Oct. 2 — After a fake breakout, where Bitcoin (BTC) jumped upwards from a seven-day low of $7,746 to $8,480 from Sept. 29–Oct. 1, BTC slowly retraced to its current price level. Cryptocurrency market daily overview. Source: Coin360 One…
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After a shallow pullback, will major cryptocurrencies extend their decline? Let’s study the charts. Manuel Andersch, senior FX analyst at the Bayerische Landesbank has published a report, which suggests that the “forthcoming halving effect has hardly been priced into the current Bitcoin (BTC) price.” Using a stock-to-flow ratio metric, the report projects a target price…
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Crypto enthusiast and U.S. presidential wannabe John McAfee explains why Bitcoin should hit $1 million in 2020. Major Bitcoin (BTC) bull, programmer and 2020 United States presidential campaigner John McAfee remains adamant that the world’s largest cryptocurrency will hit $1 million in 2020. “I said $1 million and I’m sticking to one” McAfee, known for…
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