Crypto thieves just got another proof that they’re not immune from being caught, as the Japanese police have arrested two men suspected of stealing about JPY 78 million (USD 700,000) in bitcoin (BTC) from an account on CoinExchange, a now-defunct cryptocurrency exchange, in October 2018. The Tokyo police’s cybercrime unit has arrested two Japanese citizens,…
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After testing the USD 8,550 support, bitcoin price started a decent increase. BTC/USD traded above USD 8,650 and USD 8,700, but it must climb above the USD 8,850 resistance level to continue higher. The next key hurdles are near USD 9,150 and USD 9,250. Similarly, most major altcoins are slowly rising towards major resistances, including…
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Bitcoin (BTC) may have already entered the fourth bullish price cycle in its history, with each cycle longer than the previous one. If true, only moderate price gains should be expected in the near-term, as the strongest gains are typically seen towards the end of the cycle, a new report from crypto analytics firm Coin…
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Britain’s highest tax authority, Her Majesty’s Revenue & Customs (HMRC), has issued a request for blockchain analysis tools. The main goal, per the request, is to find and implement technology that allows the government to track and tax cryptocurrency users. The problem facing the British government, as well as all governments, is that cryptocurrency transactions…
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Recently, bitcoin price corrected lower below USD 9,000 and USD 8,850. However, BTC/USD found a strong buying interest near the USD 8,550 support area. The price is currently (09:00 UTC) consolidating and it could climb higher once there is a clear break above USD 8,720 and USD 8,780. Similarly, most major altcoins are consolidating above…
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This past week, there was a strong rally in bitcoin price above the USD 8,500 and USD 8,850 resistance levels. BTC/USD even surpassed the USD 9,000 level, before sellers appeared near USD 9,200. Recently, there was a sharp downside correction and the price declined to test the USD 8,550 support. Similarly, there was a substantial…
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Seven days after the launch of bitcoin options contracts on the Chicago Mercantile Exchange (CME), the latest trading volume figures still indicate that CME completely dominates over its competitor Bakkt. According to trading data from CME, 122 bitcoin options contracts changed hands last Friday (January 17), when bitcoin (BTC) rallied. That marks more than a…
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Peter Schiff. Source: a video screenshot, Youtube, Real Vision Finance. A Bitcoin critic and a gold bug lost the ability to access a wallet holding his bitcoin (BTC), and it has once again raised a discussion on the oft-repeated adage: not your keys, not your coins. Peter Schiff, a prominent gold investor, CEO and chief…
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With more and more of us now choosing to spend our cryptocurrency holdings – instead of simply hoarding tokens – you might assume that people are starting to spend big on finance and investment. And according to a new report, you’d be wrong. Per data compiled by financial platform 2gether, their European clients are actually…
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Source: iStock/pichet_w A new survey has found that financial advisors in the U.S. would be keen to put their clients’ money into cryptocurrency exchange-traded funds (ETFs) – hinting that should Bitcoin ETFs become easily available, widespread BTC adoption could follow. The findings come from a study entitled “The 2020 Benchmark Survey of Financial Advisor Attitudes…
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