Tag: Bitcoin News

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Bitcoin, Ether ‘Recovered Most of Their Losses’ after March Crash – Report

The world’s two most popular cryptocurrencies have recovered well following flash crashes in March – and the number of small-scale crypto owners appears to be on the rise, per a new report. These were the findings of the latest CoinMetrics State of the Network report, published today. The report’s authors presented data that showed that…
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LibertyX Lets Americans Buy BTC at 7-Eleven, CVS Pharmacy, Rite Aid (UPDATED)

A company that brought one of the first bitcoin (BTC) ATMs in the US has now enabled customers in thousands of retail locations across the country to buy the world’s oldest cryptocurrency. (Updated at 12:30 UTC – updates in bold.) LibertyX launched America’s first bitcoin ATM in 2014, and has been "growing ever since," per…
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Bitcoin And Ether Rally, Other Altcoins Might Follow Soon

In the past few hours, bitcoin price gained bullish momentum and rallied above the main USD 9,550 resistance level. It opened the doors for more gains and BTC traded close to USD 9,800. The price is currently correcting lower, but dips are likely to find a strong buying interest near USD 9,600 and USD 9,550.…
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Summer Madness as Economists Predict Bitcoin Demise, Call it a ‘Fiat’

Midsummer appears to be a time for conventional economics experts to make bold claims about the nature – and future of – bitcoin (BTC), with one expert claiming that BTC’s value will soon peter out to nothing, and Federal Reserve Bank of New York analysts claiming that there’s “nothing new” about bitcoin. The first claim…
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‘New World of Bitcoin’ as it ‘Re-Couples’ with Stocks – Asset Manager

Bitcoin (BTC) and S&P 500 markets are "re-coupled," says a digital asset manager, which he argues brings forth a new normal for the market. Despite bitcoin proponents often referring to the popular digital asset as an uncorrelated asset, the discussions about whether it really is uncorrelated with other traditionally risky assets like stocks continues in…
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Bitcoin and Altcoins Likely Basing for Next Move Higher

This past week, bitcoin steadily declined after it was rejected near the USD 9,550 resistance. BTC broke the USD 9,400 and USD 9,300 levels. At the outset, the price seems to be forming a decent support base above USD 9,250 and it could make another attempt to clear the USD 9,550 resistance. Most major altcoins…
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Fake Gov’t Officials Blackmail People to Put Money in ‘Bitcoin Machine’

The local police department in a Canadian town is sounding the alarm over a bitcoin (BTC)-related scam that sees criminals impersonate government officials and call unsuspecting residents to tell them to deposit money into a “bitcoin machine.” The scam, first reported by local news outlet The Sherwood Park News, has so far duped two victims…
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Paxful ‘Flippens’ LocalBitcoins As The Largest P2P Bitcoin Marketplace

Bitcoin (BTC) peer-to-peer (P2P) trading market went through a historical week, as Paxful has surpassed LocalBitcoins in weekly trading volume for the first time in P2P trading history. According to data provided by Coin.dance, Paxful is now the leading Bitcoin P2P marketplace in terms of global weekly trading volume. It is ahead of the longstanding…
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Fiat Crash Not a Prerequisite for Bitcoin Takeoff, Says Saifedean Ammous

Source: Fundación Rafael del Pino video screenshot. Do fiat currencies need to fail for crypto to truly take off? For many crypto experts hoping for monetary collapse and a digital coin-powered revolution, bitcoin (BTC) dominance seems impossible without a massive public loss of faith in conventional money, and a seismic crash that kills off cash…
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Bitcoin Search Interest Rose in March Despite Price Fall – Report

Despite a sharp correction in bitcoin (BTC) price in March, search interest for the word “bitcoin” is once again on the rise after being down for most of 2019, a new report shows. It notes that Google searches have previously been a leading indicator for the price. According to a new market update from crypto…
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