MicroStrategy’s CEO Michael Saylor. Source: a screenshot, Youtube/Swan Signal – A Bitcoin Channel US-based business intelligence company MicroStrategy is looking to raise up to USD 460m in order to buy more bitcoin (BTC), which would increase the value of its BTC stash to over USD 1bn (at today’s prices). On Monday, the company announced it…
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In the past three sessions, bitcoin price traded in a tiny range below the USD 19,350 and USD 19,500 resistance levels. BTC also remained well supported near USD 18,800 and USD 19,000. The price is currently (05:00 UTC) showing no signs of a bullish break and it could retest the USD 19,000 support. Similarly, there…
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Abkhazia’s crypto mining-related mayhem is hitting melting point – literally – with a power substation overheating and finally burning with legit and illegal miners alike refusing to slow down their efforts. As previously reported, anarchic scenes have become commonplace in the de facto South Caucasus state, with the parliamentary speaker recounting the tale of a…
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With crypto prices still sky-high, it appears that Venezuela’s ruling Nicolás Maduro administration has been looking to make hay while the sun shines – and is already starting to pay companies in Turkey and Iran in bitcoin (BTC), making use of a large state-owned stash of BTC and ethereum (ETH), with crypto prices still soaring.…
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Travel booking website Travala said it is enjoying healthy growth, despite the coronavirus pandemic – and its recent decision to green-light crypto payments appears to be playing a very large part. Per data unveiled in a blog post, the firm said that its revenues grew to some USD 920,000 in November, up 76% month-on-month, for…
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Taproot, one of the most anticipated Bitcoin (BTC) upgrades, and its largest alteration since 2017, expected to improve privacy, scalability, flexibility, and speed of the network – may be coming in a matter of months. Pierre Rochard, Bitcoin evangelist and strategist at crypto exchange Kraken, suggested that the next year is the one to look…
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Joe Biden and Kamala Harris, the vice president-elect. Source: A screenshot, Instagram/joebiden Jeremy Allaire, CEO and Co-Founder of US-based major crypto company Circle, claims that crypto is misunderstood in Washington, D.C., but he offered an optimistic take on how the incoming Joe Biden administration might treat cryptoassets. “I think that they will ultimately be supportive…
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A leading cryptographer, the inventor of hashcash, which is used in the Bitcoin (BTC) mining process, says it is time to call time on satoshis, the units that make up a bitcoin. With BTC prices soaring sky-high in recent weeks, the CEO of the blockchain technology firm Blockstream, Adam Back, has taken to Twitter (where…
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The Swiss Stock Exchange (SIX) and its partners aim to launch a new service that would enable Swiss banks to offer access to digital assets for their customers in the first quarter of 2021. The Institutional Digital Asset Gateway, which is still subject to the appropriate regulatory approvals, is being developed by Custodigit, the joint…
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This past week, there were mostly range moves in bitcoin price below the USD 19,500 resistance. BTC attempted an upside break, but there was no follow-up move above USD 19,650 and USD 19,800. The price is currently (05:00 UTC) consolidating in a contracting range and it seems to be preparing for the next major move.…
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