Bill Miller. As bitcoin (BTC)’s latest surge continues to convert ranks of legacy finance institutions into crypto-enthusiasts, legendary investor Bill Miller predicts that "the current relative trickle into bitcoin" could become "a torrent." "If inflation picks up, or even if it doesn’t, and more companies decide to diversify some small Read more »Pay, Trade, Buy…
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Russian politicians have issued another grim-sounding warning about forthcoming crypto regulations, hinting that 2021 may have some less-than-welcome surprises in store for the nation’s crypto community – as well as crypto enthusiasts based overseas. Per a report from radio station Govorit Moskva, Anatoly Aksakov, the head of the State Duma Committee on Financial Read more »Pay,…
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After trading to a new all-time high of over USD 36,000, bitcoin price started a downside correction. It declined over USD 1,500, but the bulls remain in action. The price is currently (13:00 UTC) trading above USD 34,000 and it could attempt another surge towards USD 36,000. Most major altcoins are gaining bullish momentum, including…
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Multiple media reports of a return to the “kimchi premium” – a phenomenon whereby bitcoin (BTC) and major altcoin prices on South Korean exchanges rises to markedly higher levels than on international trading platforms – may be “exaggerated,” according to a South Korean expert. Mira Kim, a blockchain consultant based in South Korea, told Cryptonews.com,…
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The most popular cryptocurrency, bitcoin (BTC), just passed the USD 35,000 level for the first time with a double-digit jump in a day. The majority of other top cryptoassets are rallying too. At pixel time (04:39 UTC), BTC trades at USD 35,567 and is up by 13% in a day and 27% in a week,…
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The US Internal Revenue Service (IRS) has released a new version of its draft instructions that clarify the definition of virtual currency. The tax agency aims to guide individual taxpayers on how to fill in the 1040 form that asks them whether they bought or sold cryptoassets last year, but it still adopts a broad…
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A trader was robbed of nearly half a million dollars worth of bitcoin (BTC) in Hong Kong this Monday. Given the age we live in, one would presume that we’ve learned by now not to trust strangers we meet online, and certainly not to enter their vehicles, and most definitely not to let others know…
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One of Bitcoin (BTC)’s most outspoken and highest-profile cheerleaders, Stone Ridge Asset Management founder Ross L. Stevens, has written to shareholders in his company to talk up the most popular cryptocurrency – and its role in the company’s future, drawing parallels to investors backing companies like Amazon, Google and Facebook in the firms’ early days.…
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Following a major announcement by the US Office of the Comptroller of the Currency (OCC), major tribes within the crypto space – be it stablecoins, Bitcoin (BTC), Ethereum (ETH), etc. – started claiming the news is beneficial for them specifically. On Monday, the OCC published Interpretive Letter 1174, which stated that banks may use new…
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Yesterday, bitcoin price saw a sharp downside correction below USD 32,500 and USD 30,000. BTC corrected over 15% before it found support near USD 29,000. Recently, it started a fresh upward move and it is currently (05:00 UTC) trading well above USD 30,000. Similarly, there was a strong pullback in many major altcoins. ETH/USD corrected…
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