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“Use Bitcoin”: Swiss Government Narcs on 3.1M Foreign Bank Accounts

The Swiss government shares info on 3.1 million foreign Swiss bank accounts with 75 partner states. Handelszeitung, a German-language Swiss weekly newspaper, reported Monday that the financial surveillance comprises some 7,500 financial institutions in the country, including banks, trusts and insurance companies. The Swiss Federal Tax Authority (FTA) provided data on 3.1 million foreign bank […]

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UK Bitcoin Mining Firm’s Revenue Jumps 75% despite Bearish Q3

Subscription-based bitcoin mining firm Argo Blockchain has registered a profitable third quarter even though the asset it deals in witnessed a sharp drop in value. The UK-based company, whose stocks are listed on the London Stock Exchange (LSE), confirmed its revenues rose to £3.6 million (~$4.42 million) in the three months ending on September 30. […]

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BitFinex and Tether Slapped With a Lawsuit Alleging Market Manipulation

Crypto Exchange BitFinex and stablecoin Tether (USDT) have found themselves in fresh trouble again. This time, a New York-based law firm, Roche Freedman LLP has slapped a lawsuit against iFinex and associated companies and individuals, accusing them of collectively using cryptocurrency to “defraud investors, manipulate markets, and conceal illicit proceeds”. BitFinex and Tether – Part […]

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Bitcoin’s non-seizable trait important to developing economies

While Bitcoin‘s position as a fiat replacement has been predicted by numerous entities, Bitcoin advocate Anthony Pompliano highlighted the characteristics of Bitcoin that attract today’s developing economies in a recent post, “When you’re worried about your assets being seized or becoming inaccessible to you, Bitcoin’s non-seizability becomes very attractive. This aspect of Bitcoin just became […]

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GE Pension Failure Could Send Investors into Arms of Bitcoin

General Electric (GE) has decided to freeze its pension plan, removing two of the key features that have come to be associated with retirement savings – secure and guaranteed – for tens of thousands of employees. GE isn’t the first company to pull the plug, but as one of the oldest traditional companies in corporate […]

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10 Celebrities Who Are Totally Into Bitcoin

Bitcoin used to be synonymous with drugs but now, celebrities of all stripes are turning on to what used to be the obscure money of choice for the internet’s black markets. For instance, what if I told you that a certain Grammy-caliber rapper has accepted bitcoin for an album in 2014? 50 Cent did, and […]

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XRP Surges as Bitcoin Dominance Drops, Sparking Altcoin Season Hopes

After facing a sharp sell-off yesterday, Bitcoin was once again able to find support within the upper-$7,000 region, and its recovery back above $8,000 has triggered a notable XRP rally, which is sparking hopes that the next “altseason” is inbound. XRP’s rally today has led analysts to note that its technical strength is currently building, […]

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Twitter Mentions of Bitcoin SV Down 87% Since May Highs

Bitcoin SV, an offshoot blockchain project that self-proclaimed bitcoin inventor Craig Wright supports, is losing touch with its core audience on Twitter.  Cryptocurrency researchers at the TIE found that Bitcoin SV lately suffered one of its worst ‘Twitter-mentions’ deficit. Tweet volumes on the project dropped by a sheer 87 percent since its May highs, marking […]

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Cardano and Ethereum Might Finally Switch to PoS in 2020

Coinspeaker Cardano and Ethereum Might Finally Switch to PoS in 2020 It is expected that 2020 will finally be the year when Ethereum and Cardano might switch to PoS (Proof of Stake) algorithm. However, that is only a starting point. Cardano and Ethereum Might Finally Switch to PoS in 2020 Continue reading at Coinspeaker

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Crypto Tidbits: SEC Declares Bitcoin a Non-Security, Ethereum DeFi Gains Traction, PayPal Leaves Libra

Another week, another of Crypto Tidbits. After last week’s collapse, Bitcoin (BTC) took some time to settle, finding itself trading in the low-$8,000s for an extended period of time. Analysts are currently divided over what this consolidation means for the cryptocurrency market’s short-term future, with some even arguing that this is a precursor to another bear […]

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Analyst: Bitcoin Likely to Move Towards $7,600 as Bulls Falter

Bitcoin’s bulls have lost their strength and allowed bears to push the cryptocurrency under its previous key support level at $8,200, which may signal that significantly further losses are imminent in the near-future as BTC slowly creeps back towards its recently established range lows at $7,800. Analysts are noting that Bitcoin is likely to continue […]

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Bull Trend May End of Bitcoin Price Falls Under $7,800, Indicator Shows

Over the past few days, Bitcoin (BTC) has started to settle in a price range, the low-$8,000s. For now, the cryptocurrency seems directionless, stuck between resistances and supports above and below its current price. However, it is important to note that Bitcoin is moving very near to a key historical level — one that may […]

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Bitcoin Could Find New Buyers If Exchanges Switch To Satoshis

Exchanges offering fiat on-ramps into BTC and other crypto-assets should better woo new buyers with satoshi listings, believes Twitter personality @DrBitcoinMD. If major exchanges/fiat onramps were to switch from $/₿ to $/sats, people would be far less hesitant when considering dipping their toes into Bitcoin. Unit bias is incredibly powerful and we all underestimate how […]

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Bitcoin (BTC) Supply Could ‘Expand Over 21 Million’

The Bitcoin (BTC) maximum supply is capped at 21 million coins, of which more than 18 million are already mined. But the actual supply of coins within the economy may be higher, due to various forms of fractional reserves practices. How far will bitcoin's supply expand over its 21M limit in M0+ forms (M1, M2, […]

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Sunday Digest: Bitcoin Price And Other Cryptocurrency Headlines

This week has seen further protests in Hong Kong, as residents feel their democracy is being eroded. Of course, we can show our own unhappiness with the current global financial system, simply by buying bitcoin. And not a tear-gas canister in sight. Bitcoin Price: The Week’s Moves Following last week’s bitcoin price drop to $8k, […]

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Bitfinex Denies Accusation Of Market Manipulation From Anonymous Group

Popular cryptocurrency exchange, Bitfinex has alerted its customers and the whole crypto community of a possible lawsuit implicating it of market manipulation charges. Bitfinex Might Be Appearing In Court Soon For Market Manipulation In to an official announcement published by Bitfinex on Saturday, the renowned cryptocurrency exchange seems to have reasons to conclude that an […]

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Key Indicator Signals that Year-End Could Be a Positive Time for Bitcoin

Bitcoin has had a rocky past few weeks and months as BTC failed to maintain its foothold within the five-figure price region and has continued to face heightened selling pressure over the past several days and weeks. This bearish price action has significantly hampered the overall sentiment surrounding Bitcoin and the aggregated crypto markets, but […]

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Crypto Market Prints Bullish Divergence: Case for Bounce Growing

Since plunging all the way to $7,700 last week, Bitcoin has found itself in a lull. The price of the crypto asset, as seen below, has been extremely mild over the past few days. The one-day Bitcoin volatility index on BitMEX, in fact, is starting to “get closer to [the move which precedes] big candle […]

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Too Obvious? Current Bitcoin Price Action Resembles $3,200 Bottom

The past few months haven’t been kind to Bitcoin bulls. Since peaking in June, the cryptocurrency’s price has fallen from $14,000 to the $7,700 low set last week. While the macro backdrop is evidently different, as are the fundamentals of the cryptocurrency market, many analysts have argued that the recent collapse in the Bitcoin price […]

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Bitcoin Breaks Below $8,000 and Nears Range Lows as Analysts Eye Further Losses

After experiencing a long period of sideways trading within the lower-$8,000 region, Bitcoin (BTC) has once again extended its downwards momentum and has begun moving lower today as it has broken below $8,000 on most major exchanges. This extension of its downwards momentum has led most analysts to target lower-lows in the near-term, but BTC […]

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Why Apple CEO Tim Cook is against Libra?: Rejects Bitcoin rivalry

Tim Cook needs no introduction, and although he never really discussed Facebook’s Libra, it appears Cook is against Libra. While the Bitcoin (BTC) cryptocurrency has increased in terms of its value in the crypto market, tech giants from all over the world, have shown interest in the crypto industry. The companies include Twitter, Apple, Facebook, […]

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SEC: If Bitcoin Was a Security, It Would ‘Raise Substantial Issues’

Bitcoin is not a security, says the United States Securities and Exchange Commission in a letter to Cipher Technologies Bitcoin Fund. The United States Securities and Exchange Commission (SEC) has yet again officially stated that Bitcoin (BTC) is not a security. In a letter to Cipher Technologies Bitcoin Fund dated Oct. 1 the SEC declined […]

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Bitcoin Dips Under $8,000 as Altcoins See Mixed Movements

Bitcoin’s price falls under the $8,000 mark while the top 20 cryptocurrencies are seeing mixed movements on the day. Sunday, Oct. 6 — The top 20 cryptocurrencies are seeing mixed movements on the day while Bitcoin’s (BTC) price dips under the $8,000 mark by press time. Market visualization courtesy of Coin360 Bitcoin’s price is currently […]

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