How close is bitcoin (BTC) to becoming money? New data from BitMEX Research claims that although BTC transactions are now more precise than ever, the cryptocurrency still remains a long way off elusive money status – and believe that precision could actually hurt BTC’s hopes of becoming money. The big news is that there has…
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Cash may be a dinosaur, and although Deutsche Bank thinks that notes and coins’ extinction is still a way off, its newest report has provided the cryptosphere with an excellent insight into why cash is still in such rude health – and why so many still choose it over other methods of payment (however, less…
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This past week, there was a substantial downside correction in bitcoin price below the USD 8,650 and USD 8,550 support levels. BTC/USD found support near the USD 8,250 level and recently started a fresh increase above the USD 8,550 pivot level. However, the price is facing hurdles near USD 8,650 and USD 8,800. Similarly, there…
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Alexander Vinnik. Source: a video screenshot, Youtube, Kostas Koukoumakas Russian bitcoin laundering suspect Alexander Vinnik is now in France, confirmed his lawyer Zoe Konstantopoulou. He was extradited following a ruling by the Greek Council of State, published on Thursday, according to local media. Vinnik was arrested on vacation in France on charges of money laundering…
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Source: a video screenshot, Youtube, PhiladelphiaPolice An American store manager was left baffled after thieves executed a sophisticated plan to steal a Bitcoin ATM that “wasn’t doing well” – leaving a cash-filled conventional ATM behind. Police in Philidelphia said two men used crowbars to break open a “Bitcoin machine” in the early hours of January…
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Source: iStock/da-kuk World’s most popular cryptocurrency, Bitcoin (BTC), is one step closer to seeing it’s largest change since 2017. Developer and Bitcoin Core contributor Pieter Wuille, has submitted a “pull request,” which lets others know that a code change is ready for reviews, discussions, suggestions, etc. by the community, in order to add more commits…
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In the past few sessions, bitcoin price saw an increase in selling pressure below USD 8,650. As a result, BTC/USD declined further and traded below the key USD 8,550 and USD 8,500 support levels. It seems like the price is likely to extend its decline towards USD 8,000 or USD 7,850 in the near term.…
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After a minor upward move, bitcoin price failed to gain strength above the USD 8,800 area. It seems like the USD 8,850 resistance played well, resulting in a bearish reaction in BTC/USD. There was a break below USD 8,650 and the price even spiked below USD 8,550. Similarly, most major altcoins are slowly declining after…
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Jan van Eck, CEO of Van Eck Associates. Source: a video screenshot, Youtube, Bloomberg A bitcoin-backed exchange-traded fund (ETF) may not come as soon as many crypto fans hope, at least if we are to believe the CEO of one of the largest ETF providers in the U.S., VanEck Associates. “I agree with some commentators,…
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Peter Schiff. Source: a video screenshot, Youtube, Peter Schiff An outspoken Bitcoin critic who recently rage-quit crypto has been forced into an embarrassing u-turn – after mixing up his wallet PIN with his password. Peter Schiff, the CEO of Euro Pacific Capital and one of the most prominent public advocates of gold as a commodity,…
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