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Bitcoin’s First Monthly Gain Since June Spells Bullish for Q4 2019

Bitcoin price has closed October green, a first since June, and now has key moving averages on track to cross bullish in November. Bitcoin price (BTC) closed out October at $9,150, which represents the first monthly gain since June.  October also brought new lows of $7,300, which was met with a memorable swing of around…
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Hackers Take Over BitMEX Twitter, but Customer Funds Reportedly Safe

Hackers took over BitMEX Twitter, and claimed responsibility for the earlier leak of 30,000 email addresses. BitMEX says all customer funds are safe. Hackers took over the Twitter account of cryptocurrency exchange BitMEX after the previously reported leak of customer email details on Nov. 1. The exchange claims that, although its Twitter account was hacked,…
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Why Libra Isn’t Ready and Congress Not Buying Zuckerberg’s Testimony

Here is why Libra is not ready to launch a cryptocurrency yet and why lawmakers find it hard to separate Facebook from the association. Facebook’s CEO Mark Zuckerberg returned to Capitol Hill to testify before Congress on Oct. 23 about the company’s planned use of the cryptocurrency it is backing, Libra, attempting to debunk the…
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Deribit to Pay Users $1.3M After Bitcoin Price ‘Flash Crash’ to $7.7K

An “outlier” value resulted in BTC/USD temporarily hitting $1,700 less than the market rate, during which traders lost money. Cryptocurrency futures and options exchange Deribit says it will use its own money to refund users affected by an exchange rate miscalculation. In a tweet on Nov. 1, Deribit recognized its role in the error, which…
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BitMEX Updates BTC Price Indices to Remove ‘Insufficient Trade Volume’

Bitcoin and crypto derivatives exchange BitMEX is implementing major changes to the weights of its price indices later this month. Crypto derivatives exchange BitMEX is implementing major changes to the weights of its indices later this month, according to an announcement published today, Nov. 1. The exchange says the update is a bid to ensure…
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Blockchain Banking March Continues Despite S Korea Digital Fiat No-go

Many believe that China’s digital fiat will arrive soon, but South Korea, one of the Middle Kingdom’s closest neighbors, has all but ruled out issuing its own digital token – and states that digital fiats are still a way off. In the private sector, though, the pace of banking innovation just continues to intensify. The…
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Bitcoin and Altcoins Sighting Next Significant Break

In the past few sessions, bitcoin mostly traded in a range above the USD 9,000 support levels. BTC/USD made a couple of attempts to start a fresh increase above the USD 9,300 and USD 9,400 resistance levels, but it failed to continue higher. Likewise, many major altcoins struggled to resume uptrend and either corrected further…
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‘Bitcoin of the Middle East’ Scam Lands Canadian Expat in Dubai Jail

A Dubai-based Canadian expat has been arrested for peddling an allegedly fraudulent “Sharia-compliant” cryptocurrency and a host of other get-rich-quick schemes. A Dubai-based Canadian expat has been arrested for peddling an allegedly fraudulent “Sharia-compliant” cryptocurrency and a host of other get-rich-quick schemes. As Gulf News reported on Oct. 30, Aziz “Com” Mirza had cultivated for…
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‘Smart Money Came In’ After First Bitcoin ETF Rejection — Analyst

The rejection of the Winklevoss twins’ Bitcoin exchange-traded fund in 2017 ushered in both new attention from investors and new volatility, data suggests. Bitcoin (BTC) changed its volatility characteristics as Cameron and Tyler Winklevoss unveiled the first Bitcoin exchange-traded fund (ETF), new data claims. Uploaded to social media by well-known statistician Willy Woo on Nov.…
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BREAKING: BitMEX May Have Just Leaked All of Their Users’ Emails

Crypto derivatives exchange BitMEX has accidentally leaked user emails by forgetting to use blind copy (b/cc) on a mass email. Crypto derivatives exchange BitMEX has accidentally leaked user emails by forgetting to use blind copy (bcc) on a mass email.  The incident was acknowledged by BitMEX in an official statement published today, Nov. 1. Cointelegraph’s…
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