Sideways action and a failure to break $8,500 on Monday opens up the likelihood for bears taking control, analysts note. Bitcoin (BTC) failed to reclaim $8,500 on Nov. 18 as market sentiment continued trending downwards over the weekend. Cryptocurrency market daily overview. Source: Coin360 Bitcoin hovers at decisive $8,400 level Data from Coin360 showed BTC/USD…
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There are now more than 6,000 Bitcoin ATMs in the world – but as the devices become more widespread, it seems tax authorities are also starting to pay closer attention to the devices. Per data from monitoring site Coin ATM Radar, there are currently 6,003 Bitcoin ATMs in operation now – with a whopping 3,923…
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Source: iStock/E_Y_E Always hungry for more proofs that Bitcoin (BTC) is better than traditional, centralized banking, the Cryptoverse just found more examples in the U.S. and Lebanon. First, the U.S.-headquartered banking giant Bank of America (BoA) froze the accounts of ex PayPal Chief Financial Officer (CFO), prompting the Cryptosphere to share similar stories, but also…
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Nigerian fintech Opay — founded by pro-crypto Opera browser — has sealed $120 million in a series B round from Chinese investors. Lagos-headquartered fintech Opay has sealed $120 million in a series B financing round from a host of high-profile Chinese investors. Founded in 2018 by web browser developer Opera, OPay — which focuses on…
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China’s People’s Liberation Army could implement a blockchain rewards system to manage personnel data and incentivize its workforce. China’s military could implement a blockchain rewards system to manage personnel data and incentivize its workforce, the Global Times reported on Nov. 18. Citing a People’s Liberation Army (PLA) Daily report, the Global Times underscores that the…
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With the U.S. and China at ends, India clamping down on Bitcoin, and the U.K. pursuing Brexit, how will the crypto market influence geopolitics? The world is a constantly changing place — and from an economic standpoint, things are dramatically shifting, too. Two major superpowers, the United States and China, are embroiled in a dramatic…
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Ethereum and Bitcoin did not have to comply with regulation, admitted Ethereum co-founder Joseph Lubin, new projects should. Ethereum and Bitcoin (BTC) did not have to comply with regulation, admitted Ethereum co-founder Joseph Lubin in an interview with industry news outlet Forkast published on Nov. 18. During the interview — which took place at the…
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This past week, bitcoin price followed a bearish path and traded below the USD 8,650 and USD 8,550 support levels. BTC/USD traded to a new monthly low and it is currently (09:00 UTC) consolidating losses above the USD 8,400 level. The technical formation is bearish, suggesting more losses towards USD 8,250 or USD 8,000. Likewise,…
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Bitcoin rewards shopping app Lolli maintains that they had partnered with Chinese e-commerce giant Alibaba before Singles’ Day marketing campaign. Bitcoin (BTC) rewards shopping app Lolli has responded to Alibaba’s denial of a partnership between the two companies following Singles’ Day marketing blitz. CEO of Lolli Alex Adelman refuted Alibaba’s denial of partnership with Lolli.…
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South Korea’s biggest businesses are continuing to dominate the nation’s blockchain industry. Per news outlet Maeil Kyungjae, the country’s Software Policy & Research Institute has revealed that seven out of South Korea’s top 10 largest companies have begun integrating blockchain technology in their services, with “large enterprises” accounting for 86% of Read more »Pay/Trade/Buy Bitcoin…
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