The Islamic State of Iraq and Syria (ISIS) terrorist organization is reportedly moving away from Bitcoin (BTC) with ISIS-associated news website ditching the world’s oldest cryptocurrency and moving on with monero (XMR) as a currency of choice for public donations, claims blockchain intelligence company Whitestream. According to Whitestream, a website affiliated with Read more »Pay,…
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Yesterday, bitcoin price started a fresh decline below USD 9,550. BTC failed to stay above the USD 9,500 support and it declined more than 4%. It tested the USD 9,000 support and recently corrected above the USD 9,200 level. However, the previous support at USD 9,300 and USD 9,350 could prevent the current recovery wave.…
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Craig Wright. Source: a video screenshot, Youtybe, CoinGeek A judge has ruled against imposing sanctions on Craig Wright, the controversial Australian computer scientist and backer of Bitcoin SV (BSV), in the legal battle between Wright and the estate of his former partner Dave Kleiman. The judge cleared the case for trial in July. The decision…
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Bitcoin (BTC) is not a currency, and to be one it needs to be tied to a basket of commodities, says Steve H. Hanke, a Professor of Applied Economics at the Johns Hopkins University and a prominent expert on hyperinflation. Hanke warned against investing in this asset. "Bitcoin is a highly speculative asset, not a…
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Yesterday, we saw a sharp increase in bitcoin price above the USD 9,550 resistance level. BTC traded close to USD 9,800 before starting a downside correction. The price traded below USD 9,600 and it might soon test the USD 9,500 region. Similarly, most major altcoins trimmed gains and are correcting lower, including ethereum, XRP, litecoin,…
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Payments service Square is reportedly withholding up to 30% of its customers’ payments during the coronavirus pandemic – although the firm says that it is only targeting “risky” customers. A petition hosted at Change.org states that funds are being withheld arbitrarily during the COVID-19 crisis, despite Square’s claims otherwise – and has over 1,640 Read…
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Although he does not consider himself a bitcoin (BTC) maximalist, Anthony Pompliano, co-founder of Morgan Creek Digital and host of the Pomp Podcast, still finds that bitcoin will become the currency to rule them all. This coin is the only chance to separate money from the state, he says. Speaking on the Altcoin Daily podcast,…
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Mike Novogratz. Source: a video screenshot, Youtube, ConsenSysMedia A potential leadership shuffle at the US Securities and Exchange Commission (SEC) would make a bitcoin-backed exchange traded fund (ETF) “more likely” to be approved, says crypto entrepreneur Mike Novogratz. The cryptoverse again has its eyes fixed on what goes on in the regulatory world. This possible…
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It seems like Bitcoin (BTC) and Ethereum (ETH) believers have been growing increasingly active during the past few days, suggest the network stats provided by an on-chain analytics firm Glassnode, showing a number of all-time highs. First and foremost, both Bitcoin and Ethereum networks reached new all-time highs in addresses holding particular amounts of coins.…
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Possibly sparked by the rumor that the online money transfer company PayPal might get involved with cryptocurrencies, the bitcoin (BTC) price jumped more than 4% yesterday, before falling back slightly Tuesday morning. The unconfirmed news that PayPal might enable direct buying and selling of crypto might have been the main driver for yesterday’s market rally,…
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