There are now more than 6,000 Bitcoin ATMs in the world – but as the devices become more widespread, it seems tax authorities are also starting to pay closer attention to the devices. Per data from monitoring site Coin ATM Radar, there are currently 6,003 Bitcoin ATMs in operation now – with a whopping 3,923…
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Source: iStock/E_Y_E Always hungry for more proofs that Bitcoin (BTC) is better than traditional, centralized banking, the Cryptoverse just found more examples in the U.S. and Lebanon. First, the U.S.-headquartered banking giant Bank of America (BoA) froze the accounts of ex PayPal Chief Financial Officer (CFO), prompting the Cryptosphere to share similar stories, but also…
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To hit USD 25,000 per bitcoin (BTC), we need to find a way to double the current number of active BTC users, according to co-founder and the Head of Research at Fundstrat Global Advisors, Tom Lee. In an interview with CNBC today, Lee argued that BTC will hit USD 25,000 by 2022, which is the…
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There are five points that speak to us about the world’s most popular cryptocurrency Bitcoin (BTC) and crypto in general in a global survey by the World Gold Council (WGC), the market development organization for the gold industry. The new consumer research report encompasses opinions of 18,000 people, across the world, including China, India, North…
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In the past few sessions, bitcoin price mostly followed a range below the USD 8,850 and USD 8,950 resistance levels. BTC/USD is currently (09:00 UTC) trading with a bearish angle and it could continue to decline below the USD 8,650 and USD 8,550 support levels. Likewise, most major altcoins traded with a bearish bias, including…
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The financial world, where cryptocurrencies are trying to change the rules, is becoming even more interesting and dynamic. After social media giant Facebook launched its unified payment service on Tuesday, personal finance and banking world will allegedly welcome yet another tech giant – Google. While the concerns are raised yet again over centralization, data Read…
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Recent developments in global traditional markets and bitcoin’s (BTC) moves complicate the narrative that the price of the most popular cryptocurrency benefits from safe haven capital flows, crypto market analysis firm Coin Metrics said. “Recent firmness in macroeconomic indicators confirm that fears of a global recession are overblown and optimism for a Read more »Pay/Trade/Buy…
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Source: iStock/da-kuk Alameda Research, a quantitative trading firm and parent company of cryptocurrency derivatives exchange FTX, finds that anonymity can be sacrificed for a marketing opportunity. The firm decided to have its trading performance posted on BitMEX exchange’s leader board under their real name back in early 2019. They wanted clients and other exchanges to…
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Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up to date with under-the-radar crypto news from around the world. Adoption news Crypto payments service Utrust partnered up with with the UK-based Alternative Airlines, an online flight search platform, bringing cryptocurrency payments to over 650 carriers, the Read more…
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2020 might kick off with a launch of a new financial instrument for Bitcoin (BTC) investors. After the September announcement of its plans to launch this new addition to their offerings for Q1 of 2020, the Chicago Mercantile Exchange (CME Group), a major financial derivatives marketplace, said today that the options on its Bitcoin futures…
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