A third stint below $8,500 hit markets on Thursday as progress towards $9,000 appeared unlikely once again. Bitcoin (BTC) dipped below $8,500 on Jan. 23 as traders’ expectations of a slow downtrend from recent highs appeared to slowly come true. Cryptocurrency market daily overview. Source: Coin360 BTC returns to $8,400s Data from Coin360 and Cointelegraph…
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Financial services and mobile payment company Square gets a patent to turn fiat into crypto in real-time point-of-sale transactions. Financial services and mobile payment company Square thinks it has found a way to turn fiat into crypto in real-time point-of-sale transactions. How it works On Jan. 21, the United States Patent Office awarded Square a…
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For over a decade of its existence, Bitcoin has changed dramatically, but its essential features and characteristics are what make it the number one cryptocurrency. An overview of the most important changes and improvements. Over the last 10 years, the Bitcoin ecosystem has attracted developers to dedicate thousands of hours to improve and revamp most…
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Telegram lawsuit update shows the SEC bashing TON’s blockchain development and lack of Gram token use cases. In the latest from U.S. Security and Exchange Commission’s (SEC) ongoing lawsuit against Telegram for its offering of Gram tokens, the commission bashes the messaging service’s blockchain and related token. In a lengthy filing with the court of…
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We can’t officially confirm it, but a credible source suggests yes. It’s funny what business leaders can and can’t tell the press. Cointelegraph caught up with Alexander Drummond, co-founder of crypto-enabled payments company GatePay, at the 50th edition of the World Economic Forum in Davos, Switzerland this week. Drummond was one of several crypto entrepreneurs…
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There is a lot of work ahead on all levels — from regulators and users to businesses and customers — but the process has been initiated: Stablecoins is our inevitable future. Stablecoins may represent crypto’s best chance of achieving mainstream success and recognition from the traditional financial systems. Just recently, the president of the European…
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Just before the new year, approximately 15 million Canadians — about 40 per cent of the entire population of Canada — learned that their sensitive personal data, collected by one of Canada’s major lab diagnostic and testing services, had been breached. The data included name, address, email, login, passwords, date of birth, health card number…
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Uzbekistan’s president has produced a draft decree that will see tax authorities in the country waive taxes on cryptocurrency trading and transactions – for both Uzbeks and non-nationals living in the country. As previously reported, the government has been keen to implement the new measures – as well as new mining regulations – since the…
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As megablazes ravage Australia, Cointelegraph and Oxygen Seven have partnered in a Bitcoin fundraising effort. As megablazes ravage Australia, destroying vast amounts of land and wildlife, Cointelegraph and Oxygen Seven have partnered in a Bitcoin fundraising effort to benefit recovery efforts in the country. Fighting fire with fundraising The announcement between Cointelegraph and Oxygen Seven…
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India’s central bank, RBI, says it banned regulated crypto offerings, not overall cryptocurrency usage in the country. The Reserve Bank of India (RBI) said regulated entities cannot offer crypto assets in the country, but that does not equate to an overall digital asset ban. In a Jan. 21 article, The Economic Times of India cited…
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