Tag: Bitcoin News

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Next Round of Possible Bitcoin Stimulus Checks Unlikely Before October

With the key people unable to arrive at a timely decision, then going on a recess, there is now an uncertainty as to when Americans will get the next round of COVID-19 stimulus checks – but likely not before October. This means that Cryptoverse will have to wait a while before it sees if any…
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South Korean Banks to Launch Crypto Services ‘Before Year Is Out’

Multiple South Korean banks could launch crypto custody services by the end of 2020 of March next year “at the latest,” after a “significant change in tone” has led the banking sector to move toward crypto business with alacrity. Per a report from the Electronic Times, crypto custody is now a key priority for South…
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Bitcoin Hits New Yearly High, Other Top Coins Shoot Upwards, Too

The world’s number one cryptocurrency, bitcoin (BTC), rallied to a new yearly high today, though it was outperformed by four other coins in the top 10 in the last 24 hours. Bitcoin is currently (14:25 UTC) trading at 12,157. It’s up by nearly 3% in the last 24 hours and nearly 2% in the last…
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Bitcoin and Altcoins Hesitate, But Further Gains Seem Likely

In the past few sessions, bitcoin price mostly traded in a range above the USD 11,650 support. Currently (08:30 UTC), BTC seems to be facing a strong resistance near the USD 12,000 level. A successful close above USD 12,000 may perhaps start a steady rise towards USD 12,400 or even USD 12,500. Similarly, most major…
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Buffet’s Gold Investment Triggers Schiff’s Attack on Bitcoin

Crypto skeptic and gold enthusiast Peter Schiff has welcomed legendary investor Warren Buffett’s latest decision to invest in Canadian miner Barrick Gold, and not in crypto, as proof that bitcoin (BTC) "is just a passing fad." Bitcoin’s so-called arch nemesis believes that gold will continue its “dominance as a safe-haven asset” despite the fact that…
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Russian Lawmaker: Crypto Pay Could ‘Destroy the Financial System’

The chief architect of Russia’s crypto regulations has defended a new Russian law that outlaws payment in bitcoin (BTC) and altcoins – claiming that a failure to do so could have spelled the end for the ruble-powered Russian financial system. The comments were made by the head of the parliamentary committee on financial markets Anatoly…
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Winklevoss Helped Barstool Sports’ Portnoy Buy More Bitcoin, Chainlink

Source: a video screenshot, Youtube, Barstool Sports After first admitting that he doesn’t understand Bitcoin (BTC), but that he wants to learn about it so he can get rich, the popular blogger and Barstool Sports founder Dave Portnoy has released the highlights from his meeting with the Winklevoss twins. In the video, Portnoy with Tyler…
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Bitcoin and Altcoins Target Fresh Monthly Highs, Ethereum Rallies

Bitcoin price managed to recover above the USD 11,500 resistance level. BTC followed a bullish path and climbed above USD 11,800. It is currently (08:30 UTC) consolidating gains and it seems like the bulls are aiming a strong upward move above the USD 12,000 resistance in the coming sessions. On the other hand, ethereum started…
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‘The Game Has Changed,’ Says Arthur Hayes As BitMEX to Verify All Its Traders

Arthur Hayes. Source: a video screenshot, Youtube, Distributed Major crypto derivatives exchange BitMEX said it will ask all its customers to complete ID checks within the next 6 months if they want to to continue trading on the platform. "The game has changed, and so have we; keep a stiff upper lip," tweeted Arthur Hayes,…
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Where Did the Argentinean Government’s Guide to Bitcoin and Ethereum Go?

Just a day after Cryptonews.com brought you news of the Argentinean government’s publication of a somewhat surprising guide to buying, trading and storing bitcoin (BTC), ethereum (ETH) and other major altcoins, it appears that Buenos Aires has had second thoughts – and has apparently pulled its guide from the net. Although the URL for the…
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