Bitcoin price gained strength after there was a clear close above the USD 11,000 resistance. BTC was able to clear the USD 11,250 and USD 11,400 levels. The price is currently (05:00 UTC) consolidating gains below USD 11,500 and it seems to be aligning for the next upside break. Similarly, there was a steady increase…
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Source: Adobe/Rochu_2008 The bitcoin (BTC) boom in Argentina appears to have hit a bump in the road, with peer-to-peer (P2P) BTC volumes dropping in Argentina in the past few weeks – despite a wretched month for the Argentinian peso. As previously reported, 2020 has been a breakthrough year for bitcoin in the country, with indications…
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The world’s most popular cryptocurrency, bitcoin (BTC), once again stands over USD 11,000, fueled by the news from Square. Bitcoin has been outperformed by several coins in the top 10 by market capitalization today, and it’s the second least appreciating coin in that group (right after bitcoin SV (BSV)) over the course of the past…
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All 350 members of Spain’s parliament have become de facto bitcoin (BTC) holders after a publicity stunt from two crypto companies – in a move designed to mirror a similar initiative in the United States. Per ABC and an article from one of the companies involved – the media outlet Observatorio Blockchain – every single…
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Bitcoin price held the key breakdown support at USD 10,550, and recently started a fresh increase. BTC broke the USD 10,700 level and it is currently (08:30 UTC) trading above the USD 10,800 resistance. To continue higher, the price must surpass the USD 10,950 and USD 11,000 resistance levels. Similarly, most major altcoins recovered and…
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A vulnerability in LND versions 0.10.x and below has been found and disclosed to the Lightning Labs, the developer of the Lightning Network. The Lightning Network team, which is working on scaling and speeding up Bitcoin (BTC) transactions, has been warned of a vulnerability in their Lightning Network Daemon (LND). Per GitHub, LND is a…
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Bitcoin (BTC) is affected by external factors it can’t control, but they show that the world’s number one crypto is a growth stock, according to the October 2020 report by provider of crypto-asset data ByteTree in collaboration with crypto exchange Bitstamp. While many like to believe that asset prices "have a mind of their own,"…
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South Korean trading platform Bithumb has won a powerful supporter in its quest to fight an unprecedented multi-million tax bill after an MP and parliamentary finance committee member claimed the nation’s tax authority’s USD 67m tax bill – served to the crypto exchange late last year – has no legal base. Per E Daily, Park…
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The South Korean government said that it is conditionally prepared to carry out a review of crypto tax regulations – a year ahead of the promulgation of the country’s first crypto-specific tax law. Per news agency Yonhap, Hong Namk-ki, the Deputy Prime Minister and the nation’s finance minister, stated that Seoul was willing to change…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Crime news Almost USD 36m worth of bitcoin (BTC) associated with the massive 2016 hack of crypto exchange Bitfinex was moved across elven transactions on Wednesday and Thursday, according to blockchain tracker bot…
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