Bitcoin price popped above the $7.8K resistance, opening the door for gains to $8K but bulls need to supply serious volume to break above the bearish rising wedge. Bitcoin price (BTC) is taking a bit of a breather after breaking flipping the $7,600 resistance to support during the morning trading hours of Nov 29. While…
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Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services. Russia is allegedly preparing a ban on the use of cryptocurrencies to pay for goods and services. A report from Izvestia on Nov. 29 cites several sources allegedly familiar with ongoing discussions at the country’s central bank, financial…
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Bitcoin bulls will be buoyed by talk of the need for “a new, neutral global reserve asset” is rife at the heart of the traditional financial sector. Bitcoin (BTC) bulls will no doubt keenly watch talk of the need for “a new, neutral global reserve asset” at the heart of the traditional financial sphere. Financial…
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Prosecutors announced the arrest of a U.S. citizen who traveled to North Korea to deliver a presentation on how to use blockchain and crypto to avoid sanctions. Today United States prosecutors announced the arrest of Virgil Griffith, who allegedly traveled to the Democratic People’s Republic of Korea (DPRK) to deliver a presentation on how to…
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As Black Friday 2019 gets underway, what are your options for getting the best bang for your Bitcoin? Black Friday is an unofficial “shopping holiday” that traditionally takes place the day after Thanksgiving Day in the United States. While the tradition originated in the U.S., it has since spread to all corners of the Earth…
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By applying blockchain technology and IoT the food industry could save up to $31 billion in food fraud savings. The food industry could save up to $31 billion in global fraud savings by tracking food on its way from farms to consumers via the blockchain. A Nov. 25 study by Juniper Research reveals that blockchain…
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Canadian investment fund manager 3iQ filed a preliminary prospectus for its close-end, regulated, publicly-traded Bitcoin fund. Canadian investment fund manager 3iQ hopes to attract Canadian retail investors with its regulated, publicly-traded Bitcoin (BTC) fund. In a press release on Nov. 28, 3iQ announced that it had filed a preliminary prospectus for its close-end Bitcoin fund,…
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Bitcoin traders can use Bitcoin price drops to reduce their tax liabilities. After many countries around the world such as the United States, the United Kingdom, France, and Portugal published their own cryptocurrency tax guidelines this year, it is only reasonable they will expect to see an increase in crypto tax filing. They may even…
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A Vancouver-based investor claims that he lost at least $430,000 due to misconduct and breaches of contract by crypto firm Stox. Israeli crypto entrepreneur Moshe Hogeg and his blockchain firm Stox (STX) are facing a lawsuit from a disgruntled investor in the United States. A Vancouver-based investor has accused Hogeg of major breaches of contract…
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China is winning the US in the numbers of the blockchain-related patents filed between 2014 and 2019, but who are the top patent owners in each country? When Chinese President Xi Jinping announced strong support for blockchain technology last month, pundits suggested that China would soon overtake the United States in dominating blockchain innovations. Our…
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