Tag: Bitcoin News

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Exchanges Send More USD 1M Bitcoin Transfers as Investors Look For a Hedge

In 2020, exchanges have reportedly been sending 19% more bitcoin (BTC) transfers worth USD 1m or more, as investors are looking for a hedge against inflation and devaluation. BTC has been rallying recently, even hitting a series of all-time highs before correcting downwards. The market is actually being driven by North American institutional investors, according…
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After Fake Assange Pardon News, Crypto Fans in Clamor Over Ulbricht Pardon Rumor

A promotional banner on Times Square, New York City. Source: Twitter/@Free_Ross As the world enters the very last days of the Donald Trump presidency, the rumor mill is in full swing as Twitter-based commenters and more ask what Trump may have planned – and what spanners he could potentially throw into the Joe Biden administration’s…
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Mexico’s Biggest University Adds Course That Features Crypto Learning

Latin America’s biggest and most prestigious university, the Mexico City-based National Autonomous University of Mexico (UNAM) will launch a Financial Engineering course – with modules that reportedly cover subjects such as crypto and blockchain technology. In its December bulletin, the UNAM explained that its new course would last two semesters in the case of full-time…
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Bitcoin and Altcoins Attempt Upside Break, XRP Dives 10%

In the past few sessions, bitcoin price traded in a range below the main USD 19,500 resistance level. On the downside, BTC remained well bid near the USD 19,000 level. The price is currently (05:00 UTC) rising and it could make another attempt to gain bullish momentum above USD 19,500. Similarly, most major altcoins are…
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Italian Banking Giant Enters Bitcoin, Mt. Gox Rehabilitation + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Banking news Another banking giant has entered the crypto custody fray, with Italy’s Banca Generali set to offer bitcoin (BTC) custody to its customers. In a press release, the bank, which has over…
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Japan’s Biggest Crypto Bull SBI Makes M&A Charge in UK Liquidity Firm Deal

Japanese banking and securities giant SBI Holdings has had a bullish year in crypto – and it isn’t done with 2020 yet. The firm has announced its first meaningful overseas crypto acquisition deal, snapping up the UK-based crypto liquidity provider and brokerage B2C2 for an undisclosed sum. In a press release, SBI Financial Services, a…
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Bitcoin Bulls and Bears List Reasons Why Price Will Rise or Drop by 2030

The majority of the respondents surveyed by hashpower provider Genesis Mining remain bullish on bitcoin (BTC)’s long-term future, listing their reasons for believing so, including bitcoin adoption potential, security, and previous price rise. Also, nearly 20% of the participants said they’re bearish on BTC’s value, and these bears have their reasons too, the largest of…
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Billionaire Turns to Bitcoin Mining To Help His Troubled Business

Ihor Kolomoisky. Source: A video screenshot, Youtube, Українська правда The Ukrainian oligarch and former Dnipropetrovsk Oblast governor Ihor Kolomoisky had reportedly launched a crypto mining operation at a troubled steel processing factory in the United States – and he may only just be getting started. Per Radio Liberty, “current and ex-employees” of the plant, CC…
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Ledger Scammers Reportedly Go Trans-Wallet & Target Trezor Users

The Ledger hardware wallet phishing saga continues, but has now spread to competitors, with Trezor users reportedly becoming the scammers’ targets as well. "The Ledger leak phishers are now phishing for Trezor users," warned Jameson Lopp, Chief Technology Officer at US-based crypto security specialist Casa. He tweeted a message saying that the user’s TREZOR Wallet…
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Massive Google Outage Shows Why Decentralization Is Better

Multiple Google services around the world went down today at around UTC 12pm – leaving millions of people around the planet with no access to their YouTube, Gmail, and Google Docs accounts – while users of decentralized tech like Bitcoin (BTC) carried on with business as usual. Web users were left bewildered everywhere from Brazil…
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