Bitcoin price is showing early signs of an upside break above the USD 10,800 resistance. BTC is currently (08:30 UTC) consolidating near USD 10,800 and it seems like the bulls are working on an upside break above the USD 10,950 and USD 11,000 resistance levels in the next 2-3 sessions. Similarly, most major altcoins are…
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Nicolás Maduro. Venezuelan President Nicolás Maduro has spoken about a new bill that proposes to legalize the use of crypto in international trade deals – as a means of circumnavigating crippling economic sanctions placed upon the country by the USA and its international allies. The Venezuelan political chief stated that his plan involved making further…
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While it does not represent the whole industry, a recent survey of four merchants that accept bitcoin (BTC) and other cryptocurrencies offers some insights on how this nascent payment method might help business. After major crypto payments company BitPay introduced four of its undisclosed clients to research and advisory firm Forrester Consulting the latter has…
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Although still seen mostly as a tool for investment and speculation, crypto is likely to become an effective tool for financial inclusion in about five years from now, the majority of respondents in a new survey said. The survey – produced by organizations dedicated to tackling financial crimes, Association of Certified Anti-Money Laundering Specialists (ACAMS)…
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A TikTok star who claims to have “around 25 million followers” has posted about bitcoin (BTC) on social media and launched a podcast series with Anthony “Pomp” Pompliano, a prominent crypto advocate and broadcaster – in a move that commenters believe will have “12-year-olds” spending their “lunch money” on BTC. Bryce Hall, 21, who built…
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Donal Trump (on the left) and Joe Biden during the debate. Source: a video screenshot, Youtube, CNBC Television After last night’s first presidential debate between US President Donald Trump and former Vice President Joe Biden, crypto traders are betting that the likelihood of a Trump win in the election is far lower now than before…
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Japanese market-leading crypto exchange bitFlyer said it has linked its bitFlyer Europe operations with its domestic platform – allowing European traders to access bitcoin (BTC)-Japanese yen trading pairs in what it said is a “world-first.” “It’s cross-border trading,” tweeted bitFlyer CEO Yuzo Kano. Hed added, “Finally, Europe and Japan are connected! Read more »Pay, Trade,…
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Source: Bitcoin Street Art / Twitter (cropped) The Bitcoin Awareness Game is the latest initiative to foster increased use of cryptocurrency-related street art worldwide, with artists rewarded with satoshis (sats, smallest units of bitcoin) from sharing their contributions to spreading the crypto message. The Munich-based collective Ideas Are Like Flames is behind the game, and…
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Competition in the European crypto exchange market is about to become more heated as Austria-based digital investment platform Bitpanda said it secured a USD 52m investment to support its expansion in the old continent. The company said it closed "Europe’s largest Series A funding round of 2020" by securing the investment in a round led…
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A ground-breaking report on the crypto industry has uncovered evidence that suggests firms that hang on for the long haul are more likely to turn a profit. These were the findings of a report by the Cambridge Centre for Alternative Finance, authored by Blandin et al, which surveyed some 500 crypto enterprises worldwide. The paper’s…
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