Tag: bitcoin

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Retail Demand May Force the SEC to Approve a Bitcoin ETF

Investment firm executives battle it out over Bitcoin on CNBC, debating when the SEC might approve a Bitcoin ETF, stablecoins, and whether there is a need for Bitcoin at all. Several investment firm executives have debated the likelihood of the U.S. Securities and Exchange Commission (SEC) licensing a U.S.-based Bitcoin (BTC) exchange-traded fund (ETF) during…
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‘Crypto-Friendly Bank’ Blocked Your Money? Good Luck Recovering It

Sooner or later, you may be blocked out of your bank account. It can happen to any of us, and it can even happen with supposedly crypto-friendly “banks,” such as Bitwala, Revolut, and more. The question is: what should you do if such a company freezes or blocks your account? Well, according to lawyers, there…
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Central Banks Are Exploring Blockchain — but For Their Own Reasons

Central banks’ growing interest in DLT reveals concerns in the traditional financial sector as the gap between the two narrows Despite the interest shown in decentralized ledger technology by central banks, cryptocurrencies continue to be mistrusted by the traditional financial system. This has been made apparent from comments by Andrew Bailey, the upcoming governor of…
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Viral Tech: London Blockchain Week Spreads Into Day Two Despite Coronavirus Scare

Coronavirus anxiety continues to overshadow second day of London Blockchain Week. The second day of Fintech Worldwide’s Blockchain Summit kicked off to unusually glorious sunshine. But you’d be hard pressed to notice that in the venue because there was no natural light filtering through to the handful of attendees that braved the ongoing coronavirus scare.…
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IOTA Founder Confirms He Will Repay Victims of $1.97 Million Hack

Cointelegraph spoke with Iota’s founder David Sønstebø on his decision to repay $1.97 million in MIOTA to the victims of the recent hack. On Feb. 12 Iota (MIOTA) suffered an attack targeting its official desktop wallet. The Iota network went offline on the same day, and has remained down since. On March 6, David Sønstebø,…
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Steem Scandal, Blockchain Voting Fiasco & More: Bad Crypto News of the Week

Check the bad crypto news of the past week. So, how high is Bitcoin about to go? Analyst Willy Woo thinks it’s going to hit $135,000. It’s a “common-sense prediction” he told RT’s Keiser Report. Tim Draper is betting even higher. The venture capitalist has moved his money out of the stock market (too “frothy”)…
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India’s Crypto Bulls Roadshow Given Full Head of Steam by Ban Repeal

An upcoming Indian crypto roadshow has nearly doubled the number of cities it is visiting following the Supreme Courts repealing of the RBI crypto ban. The Indian Crypto Bulls Roadshow describes itself as a not-for-profit initiative that seeks to educate Indian citizens as to the emerging blockchain and cryptocurrency sectors. The roadshow was originally scheduled…
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Hash Rate and Bitcoin Price During Mining Events: Are They Related?

Data shows Bitcoin mining-related events produce conflicting short-term price action but long-term gains. On Saturday Bitcoin (BTC) price dropped below $9,000 again, increasing the uncertainty surrounding future price estimates and reminding investors that the Coronavirus continues to impact markets across the world. Cryptocurrency market daily performance. Source: Coin360 Interestingly, Bitcoin’s hash rate reached an all-time…
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Cryptocurrency News From Japan: March 1-7 in Review

Japanese government agencies held a crypto meeting, Coincheck added Qtum, and more headlined news from Japan this past week. This week’s headlines from Japan include crypto exchange Zaif reopening account registrations, government agencies meeting on crypto, the Federation of Economic Affairs submitting a national Blockchain proposal, Coincheck adding Qtum, and Rakuten Wallet opening leverage trading…
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Bitcoin Slips Under $9K but Don’t Panic Until This Price Level Breaks

Bitcoin price has dropped below the $9,000 mark once again but is yet to make a lower low to the hopes of the bulls who must now defend a key level. In the past few hours, Bitcoin (BTC) price dropped 3.85%, losing $9,000 and pulling back to $8,835. The abrupt downside move occurred after Bitcoin…
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