Source: iStock/Spencer_Whalen Academics who previously alleged that the Bitcoin (BTC) bull run in 2017 was manipulated, now claim that a single market whale was responsible for it. One unnamed entity on Bitfinex appears capable of sending BTC higher when it falls below certain thresholds, according to University of Texas Professor John Griffin and Ohio State…
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This past week, bitcoin price started a downside correction from well above the USD 9,500 support area. BTC/USD traded below the USD 9,200 support area, but it found bids near the USD 9,000 and USD 8,950 levels. The price is consolidating (09:00 UTC) above the USD 9,000 level, but there is a risk of an…
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Craig Wright. Source: a video screenshot, Coingeek Craig Wright, a controversial Australian computer scientist and supporter of Bitcoin SV (BSV), appears to have defaulted on the payment of a settlement fee he agreed with the estate of his former partner, Dave Kleiman. In September this year, Wright agreed to a settlement following an August ruling…
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The British government has updated its cryptocurrency tax rules, adding stipulations for businesses that work with crypto. Also, they stressed that they do not consider Bitcoin and other digital tokens to be money. The UK’s tax agency, the HMRC (HM Revenue and Customs) had already released a series of guidelines for individuals, which it also…
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The world’s 3rd largest crypto exchange OKEx has announced it will be listing Tezos later this week. The world’s 3rd largest crypto exchange OKEx has announced it will be listing Tezos (XTZ) later this week. In an announcement shared with Cointelegraph on Nov. 4, OKeX said that XTZ deposits will be available as of 09.000…
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The pro-Bitcoin Paralelní Polis faces penalties if it continues to use the term “coin” to describe its commemorative 0.01 BTC silver coins. Bitcoin (BTC) friendly Czech crypto-anarchist movement Paralelní Polis has received a warning from the country’s central bank for issuing its own coins. Central bank fine “completely nonsensical” As representatives reported on Twitter on…
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India’s Defence Minister Rajnath Singh says the technology underpinning cryptocurrencies will remain a key part of the defence, along with other innovations. India’s Defence Minister believes blockchain technology, artificial intelligence (AI) and big data will form part of the future of warfare. As local daily news outlet Times of India reported on Nov. 4, Rajnath…
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Just nine months after its launch, the Nasdaq-powered digital trading platform DX.Exchange is temporarily shutting down as it pursues a merger or outright sale. Just nine months after its launch, the Nasdaq–powered digital trading platform DX.Exchange is temporarily shutting down as it pursues a merger or outright sale. The Estonia-based platform made the announcement on…
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What are the causes and dangers of centralization in mining, and how can geographical centralization affect the crypto space? The larger percentage of cryptocurrency enthusiasts that turn to mining pools, all the more dangerous this kind of mining is likely to become. The reason is simple: The potential rewards grow in correspondence with the number…
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The latest court documents reveal that Craig Wright, the self-proclaimed Bitcoin creator, cannot finance a settlement in the court case filed by David Kleinman. The latest court documents in the David Kleinman versus Craig Wright case filed on Nov. 1 reveal that Wright — the self-proclaimed Bitcoin (BTC) creator Satoshi Nakamoto — informed the plaintiff…
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