Tag: bitcoin

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Litecoin ‘Largest Miner Capitulation’ Great News for Bitcoin — Analyst

An about-turn in mining difficulty for Litecoin could foretell a bull run for Bitcoin price as well, the statistician says, as markets continue pushing $8,000. Bitcoin (BTC) could have its bull market induced by Litecoin (LTC) as the latter enters a bullish renaissance, noted statistician Willy Woo has forecast. In a series of tweets on…
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Turkey’s Financial Watchdog Plans to Regulate Crypto Markets, Report Says

Capital Markets Board of Turkey, the country’s securities regulation agency, has plans to step up guidance and oversight of crypto transactions in 2020. Capital Markets Board of Turkey has plans to regulate crypto transactions, according to local sources. Capital Markets Board of Turkey (CMB), the regulatory body overseeing securities markets in the country, is developing…
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Bitcoin ETF May Be Approved in 2021 and Will Bring a Host of Benefits

Source: iStock/dima_sidelnikov American regulators are unlikely to green-light Bitcoin ETFs (Exchange-traded Funds) this year, but a China-based expert says that once approved, crypto ETFs will usher in a multitude of benefits to the industry. Matthew Graham, CEO of the China-based advisory company Sino Global Capital and General Partner at Liquid Value, spoke on the matter…
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Former Bakkt CEO Sworn Into Senate, Casts 1st Vote to Support Trump

Kelly Loeffler, former CEO at the ICE-backed cryptocurrency trading platform Bakkt, has been sworn into the United States Senate. Kelly Loeffler, former CEO at the Intercontinental Exchange (ICE)-backed crypto trading platform Bakkt, has been sworn into the United States Senate. In a Jan. 6 tweet, Loeffler announced that she was sworn into the U.S. Senate…
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4 Signs the Cryptocurrency Altcoin Market May Have Finally Bottomed

As Bitcoin price climbs, several key indicators suggest that altcoins may have bottomed as many appear in the process of staging trend reversals. Bitcoin (BTC) made a sudden jump of 9% in the past 24 hours. However, altcoin cryptocurrencies have been showing strength recently as well. Recent surges from large caps have been in the…
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US SEC Prioritizes Crypto Compliance in 2020, But Hints at Kinder Gentler Approach

The United States SEC will be looking for greater crypto compliance in 2020, but the announcement suggests a softening of attitude. The United States Securities Exchange Commission continues to scrutinize crypto as its compliance office adds fintech and digital assets to its annual priorities list. Per a Jan. 7 announcement from the SEC’s Office of…
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XRP Correcting Gains After Rallying on Good News

On Tuesday, XRP, the native token of the Ripple Ledger and the third most valuable coin by market capitalization, is correcting its gains after a strong rally on Monday, prompted by positive news. At pixel time (10:07 UTC), XRP trades at c. USD 0.215 after almost touching USD 0.225 earlier today (UTC time). The price…
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Android Platform Now Home to Coinbase Pro Trading App

Cryptocurrency exchange Coinbase Pro has made its trading app available for Android users. Coinbase has expanded compatibility for its trading platform, Coinbase Pro.  The Coinbase Pro mobile app is now available on Android’s operating system, Coinbase said in a Jan. 7 blog announcement. The exchange unveiled its Pro app for iPhone (iOS) users in October…
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Biometric Cards and Fund Savers: The Marvelous World of Crypto Wallets

The world of cryto, and funds in general, is a dangerous place as it’s intriguing to many types of bad players, all of which are targeting our coins, just waiting for an opportunity to put their fingers into our wallets. That’s why the wallet creators are in a constant race of who can offer a…
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Though ‘Intriguing,’ Crypto Won’t Dethrone Dollar, Says IMF Economist

IMF chief economist Gita Gopinath said she sees too many different complications blocking a digital currency from overtaking the U.S. dollar. Digital currencies have gained prominence over the last few years, although such options will not budge the U.S. dollar from its seat of prominence, according to chief economist International Monetary Fund (IMF) Gita Gopinath.…
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