Bitcoin just broke through $10,000, the third time this month, but it soon dipped below this psychological 5-digit barrier, which has turned formidable of late. As we noted in a previous article, the world’s favorite digital currency appears to be in consolidation mode, curiously forming its fifth stair step, since launching from $3,122 in late…
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The story of Venezuela and its affinity towards cryptocurrencies to save the economy is a very dynamic and interesting one. The President of Venezuela, Mr. Nicolas Maduro has embraced digital currencies as a way to fight back the plunging bolivar and the restrictive US sanctions imposed on the country. What has killed the economy, however,…
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The US uncertain regulatory environment may have forced Circle to move its exchange operations in Bermuda. Circle has obtained a digital asset license to operate in the less restrictive crypto country. In terms of the strategic move, this is what the Circle team said: While many governments around the world have not kept pace with…
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With a fleet of 195 aircrafts servicing over 500 routes, Norwegian Air is one of the giants in the air travel industry in Europe, and now the company will allow its passengers to buy their tickets with none other but Bitcoin. However, the air travel giant is not stopping here - according to Yahoo Finance…
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A constant refrain from crypto skeptics has always been that cryptos and the blockchain technology that supports them enable the criminal element in our society to easily hide their nefarious activities, such as money laundering, drug trafficking, funding terrorism, illegal arms dealing, child pornography, and on and on. Skeptics and criminals, however, have mistakenly believed…
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The CEO of Grayscale Investments, Barry Silbert, is smiling broadly these days over the future prospects of his firm. Recent research by Grayscale, the world’s largest digital currency asset manager with more than $2.6 billion across 10 products under its management, demonstrates that a significant portion of some $68 trillion of wealth in the U.S.…
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At times, Bitcoin can be quite boring, if and when volatility drops and price points move about a significant psychological level for a few weeks at a time. This situation seems to be the case at the moment, but analysts are trying awfully hard to read more into short-term charts to determine the next possible…
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The highly anticipated launch of the Bakkt Bitcoin futures trading platform took a major step forward, on schedule no less, by announcing acceptance testing for its growing list of international paticipants. What was the reaction of Bitcoin prices? They dropped five percent… ? Perhaps, it was a “sell-on-the-news” type of market reaction or possibly something…
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Robinhood is what many now know as probably one of the fastest rising and most successful unicorns of Silicon Valley - or startups that have achieved a valuation of or more than $1 billion. The "no commission" crypto broker rose to fame several years ago when it revolutionised the way people trade and the perception…
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Facebook's Libra is getting traction as the project is going full speed ahead. However, it's not only the regulatory heat that Facebook has to deal with currently. Dozens of fake accounts are now claiming to sell Libra at a discount. The cryptocurrency is not released, yet scammers are all over the place. The information comes…
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