Tag: bitcoin

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Rapper Dismissed of Securities Fraud Charges for FLiK ICO

A Georgia court has dismissed charges against the rapper T.I. for securities fraud in relation to his 2017 FLiK ICO. On March 3, District Judge Charles Pannell dismissed a lawsuit claiming securities fraud charges against rapper ‘T.I.’ for selling FLiK tokens for his company’s initial coin offering (ICO) during August 2017. The judge failed to…
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Bitcoin Price Spikes on Fed Rate Cut But Hits $8.9K Sell-Wall

The price of Bitcoin and other markets jumped on news of a Fed rate cut, but BTC remains in an indecisive channel while holding a critical support level. The price of Bitcoin (BTC) made a severe drop in the past week, similar to the heavy dropdown of the equity markets. However, equity markets have been…
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Bitcoin Too Young to Be Predictable But it Has a Major Advantage

Source: iStock/insta_photos While traditional markets experience coronavirus fears fuelled volatility, it might be still too soon to tell how bitcoin (BTC) would really perform during a period of serious financial turmoil. However, the fact that bitcoin is a “trustless asset” might be a major advantage in difficult times. Nasdaq 100 Index: __ Bitcoin price chart:…
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Bitcoin Has ‘Solidified Role’ as Investors’ Digital Gold — Grayscale

The company that controls 1.5% of the world’s Bitcoin believes that institutional investors have changed their view of the cryptocurrency since 2018. Bitcoin (BTC) has “solidified” its role in the world economy as both a store of value and “digital gold,” the head of the world’s largest BTC fund has said. Speaking in an interview…
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Is Google Purging its App Marketplace of Crypto Media Sites?

Google appears to have removed a number of cryptocurrency-related media outlet apps from its Google Play Store. News providers including Cointelegraph and Coindesk say that their apps are no longer appearing on Google’s app marketplace. However, at the time of writing, both media outlets’ apps are still available on Apple’s iOS App Store. Cryptonews.com has…
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Bitcoin and Altcoins Sighting a Strong Recovery

Bitcoin price started a steady recovery above the USD 8,550 and USD 8,650 levels. BTC/USD even broke USD 8,700, but it failed to gain bullish momentum above the USD 8,850 resistance area. The price is currently (09:00 UTC) trading near USD 8,750 and it could make another attempt to surpass USD 8,850 and USD 9,000.…
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There Are Now Over 7,000 Cryptocurrency ATMs Worldwide

The number of global crypto ATM’s has grown to over 7,000, after surpassing the 6,000 mark just last fall. The number of crypto ATMs across the globe has grown to over 7,000, with machines in 75 countries. At press time, CoinATMRadar listed 7,014 cryptocurrency ATMs in existence. This number also includes machines hosting digital currencies…
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Devs, Dapps Leave Steem Ecosystem Due to Justin Sun Prompted Backlash

Justin Sun. Source: a video screenshot, Youtube, Tron Foundation A major backlash between new Steem (STEEM) investors and its community forced some of the developers to resign while some Steem dapps (decentralized apps) are being removed in a sign of protest. Meanwhile, the market seems to be unmoved by the conflict as STEEM price is…
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Stock and Crypto Trading App Robinhood Fixes Day-Long System Outage

Popular zero-fee crypto trading app Robinhood has fixed a major system-wide outage but traders want to get reimbursed. Following a major technical outage, popular stock and cryptocurrency trading app Robinhood is purportedly operational again. The popular platform for trading stocks and cryptocurrencies like Bitcoin (BTC) experienced a major technical outage, causing a loss of access…
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Well Functioning Government Might Make Private Cryptos Obsolete – IMF Official

Source: iStock/Bet_Noire If a sovereign government can maintain its creditworthiness and a central bank can guarantee effectiveness of its monetary policy, “it’s hard to imagine private digital currencies being used widely both within China and abroad,” according to Dong He, Deputy Director of the Monetary and Capital Markets Department of the International Monetary Fund (IMF).…
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