Desperate Cubans are going to extraordinary lengths to receive remittances from abroad to circumvent the country’s banking blockade, turning to bitcoin (BTC), middlemen who take commissions of up to 25% and bicycle deliveries as economic sanctions continue to bite. These were the findings of a report from news agency AFP (via Peruvian newspaper Gestión). The…
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Source: Adobe/stockphoto-graf Even though bitcoin (BTC) was outperformed by several major coins in the past year, including ethereum (ETH), there are still more BTC holders ‘in the money.’ This information is provided by the set of tools, developed by blockchain analytics firm Into The Block. Among the top 10 coins by market capitalization, it is…
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After a short-term downside correction, bitcoin found support near the USD 13,000 zone. BTC is currently (13:00 UTC) rising and it is trading above USD 13,100. An initial resistance on the upside is near USD 13,250, above which the price might rise towards the USD 13,500 resistance. On the other hand, there was a minor…
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Google searches for “bitcoin” (BTC) spiked last week, reaching almost three-month highs, after BTC-related positive news from PayPal was supported by favorable statements from banking giant JPMorgan and celebrity Kanye West, while the price hit a new yearly high. However, people were searching for bitcoin even more during the third BTC halving in Read more…
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Recently, there was an upside extension in bitcoin price above the USD 13,200 level. BTC traded to a new multi-week high near USD 13,350 before it started a downside correction. The price remained well supported above USD 12,750 and it is currently (05:00 UTC) trading above USD 13,000. Similarly, there was a minor downside correction…
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Global peer-to-peer (P2P) crypto trading volume has seen huge developments in the past five years, growing by more than USD 60m, with a significant driver being Paxful exchange, whose users are keen on using gift cards as the preferred payment solution on the platform, states the latest research report by Arcane Research. According to “The…
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Donal Trump (on the left) and Joe Biden (on the right) during the debate. Source: a video screenshot, Youtube, CNBC Television Even prediction markets seemingly don’t know what to make of last night’s face-off between US President Donald Trump and his challenger for the upcoming election, Joe Biden, though it appears Trump’s chances for a…
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Yesterday, we saw a sharp rise in bitcoin price above the USD 12,500 and USD 13,000 resistance levels. BTC even spiked towards USD 13,250 before starting a downside correction. The price is currently (05:00 UTC) consolidating gains, with many supports such as USD 12,800 and USD 12,650. Also, most major altcoins rallied and followed a…
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Mike Belshe, Co-founder and CEO of BitGo. Source: a video screenshot, Youtube/Bloomberg It seems that online payments giant PayPal has bigger plans in the Cryptoverse. Within weeks, the company could reach a deal to buy US-based major crypto custodian BitGo, Bloomberg reported, citing undisclosed people familiar with the matter. However, talks could still fall apart…
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Police in Latvia said they have intercepted a gruesome kidnap and murder attempt on two people, at least one of whom has significant cryptoasset holdings – and torture at least one victim into revealing their private keys and other details. Per an official release from the Latvian police service, the would-be attacker, a male resident…
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