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Bitcoin (BTC)

Jon Cunliffe Insists the Crypto Space Must Be Regulated

The Bank of England’s new deputy governor Jon Cunliffe is telling regulators to get to work quickly when it comes to the growing cryptocurrency space. Jon Cunliffe Says Regulation Is a Must Digital currencies were ultimately created to push credit cards, fiat, and checks to the side. Basically, anything that’s issued by a bank or traditional financial institution. The world of crypto is designed to ensure that all traders and users can have the one thing that standard...

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Bakkt Goes Public: to Be Listed on New York Stock Exchange

Several months after initially outlining plans to become a publicly-traded firm, Bakkt has announced that the event will take place on Monday – October 18th. Thus, Bakkt will join the likes of Coinbase as a cryptocurrency-related company having its shares traded on giant stock exchanges. CryptoPotato reported at the start of this year Bakkt’s intentions to go public through a merger with VPC Impact Acquisitions Holdings. The two parties indeed merged shortly after clearing...

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After Breaking $60k, Is Bitcoin Set for Correction Before New ATH? BTC Price Analysis

BTC has been showing strength lately, driven by anticipation of the futures-backed ETF and potential launch early next week. It closed at $61.6k with more than double the daily average volume on Coinbase, showing strong spot buying. Possible Correction for BTC? Although near-term price action has been very bullish with a strong breakout above $52.9k in the last 2 weeks, we need to approach the BTC ETF launch with caution. The risk of a near-term pullback is increasing because...

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The US Bests China as the World’s Biggest BTC Miner

Up to this point in time, China has always been the dominant country when it comes to mining bitcoin. Sadly, the region has done all it can to eliminate its standing in the industry, and now it looks like another nation – the United States – has opened itself up to become the world’s primary leader in the world of bitcoin mining. China Has Been Outdone By the U.S. China was – at one point – home to about 65 to 75 percent of the world’s crypto mining projects. It also is...

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Bitcoin Mining to Provide Heat in Vancouver, Canada

North Vancouver, part of the Canadian district of British Columbia, is on a path to become the first city that employs bitcoin mining for heating residential and commercial buildings. The initiative should be available from 2022 after a partnership between the cryptocurrency miner – MintGreen – and the Lonsdale Energy Corporation (LEC). BTC Mining as an Alternative Heating Option Bitcoin mining’s impact on the environment has been causing significant controversy recently,...

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Bitcoin nimmt Marke von 60K spielend

Der BTC konnte in den letzten 24 Stunden die Marke von 60.000 US-Dollar nehmen. Zwischenzeitlich sah es sogar so aus, als könnte Bitcoin auf ein neues Allzeithoch steigen, ehe der Kurs 2K abgab. Doch der allgemeine Trend deutet mehr denn je auf einen neuen Höchstand noch in diesem Jahr hin. Bitcoin News: Bitcoin nimmt Marke von 60K spielendGestern Abend schaffte es Bitcoin bis auf 62.600 US-Dollar, so dass nur noch wenig zum neuen Allzeithoch fehlte. Doch kurz bevor es so weit war, kassierten...

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Fidelity’s Jurrien Timmer: BTC Will Reach $100K in The Next Couple of Years

Jurrien Timmer – Fidelity’s Director of Global Macro – believes bitcoin will trade at $100,000 by 2023. Regarding its correlation with gold, he said both assets are “different players in the same team.” The Road to $100K Bitcoin’s price has been, and most probably will remain, one of the hottest topics in the cryptocurrency space. Future predictions are also frequently discussed, and the end of 2021 is the next time target, which many proponents and analysts see bitcoin...

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Bitcoin Tapped $63K Amid Latest ETF Developments: BTC Dominance at 3-Month High

The latest developments in the US claiming that a Bitcoin ETF might be just around the corner pushed the cryptocurrency to $63,000 hours ago. Most altcoins have failed to follow their leader north, and the BTC dominance reached a near three-month high. Bitcoin Came $2K Away from ATH On October 13th – just three days ago – the primary digital asset had dipped below $55,000 after getting rejected at the $58,000 level. The situation quickly changed in the following days, and BTC...

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La Securities and Exchange Commission approuve un ETF lié au bitcoin

Après avoir refusé, retardé ou ignoré des dizaines de demandes au cours des quatre dernières années, la SEC (Securities and Exchange Commission), a donné hier son feu vert à un premier ETF Bitcoin [1]. Le fonds indiciel côté proposé par la société ProShares est lié aux contrats à terme sur Bitcoin (et non pas directement au prix du bitcoin). Au début du mois, la SEC avait approuvé un ETF qui suit les entreprises du secteur...

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Square Might Build a Bitcoin Mining System, According to Jack Dorsey

Jack Dorsey, the CEO of Twitter and Square, has more plans in the works for building out the Bitcoin network. Dorsey just announced that Square – the financial services company – is considering creating a Bitcoin mining system to decentralize mining worldwide. Decentralizing Mining for People and Business The Twitter CEO confirmed his plans in a thread on Twitter earlier today, explaining how his system will work and why it’s necessary. His ideal system would use “custom...

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