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Tag Archives: Bitcoin News

Brad Garlinghouse Suggests the Crypto World Is “Polarized”

Brad Garlinghouse, the man behind major altcoin and payment system Ripple, says that “tribalism” is preventing the $2 trillion crypto space from getting any further. Brad Garlinghouse On Crypto: There’s Too Much “Tribalism” In a recent interview, Garlinghouse stated: Polarization isn’t healthy in my judgement. I own bitcoin, I own ether, I own some others. I am an absolute believer that this industry is going to continue to thrive. All boats can rise. Garlinghouse is a...

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The Secret Service Has Taken a Lot of Illicit Crypto

The United States Secret Service is working hard to crack down on illicit crypto use. At the time of writing, a new report has been issued claiming that the Secret Service has garnered as much as $102 million in illicit crypto funds through fraud-related investigations. The Secret Service Is Going After Illicit Crypto Actors David Smith is the assistant director of investigations for the Secret Service. He says that agents everywhere are monitoring blockchain activity...

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The IMF Is Worried About Ongoing Crypto Use

The International Monetary Fund (IMF) is worried about all the bitcoin love and adoption that’s occurring all over the world. The agency feels that all this bitcoin usage bears some level of danger to the world’s standard financial systems. The IMF Warns About Further Bitcoin Usage Interestingly, the IMF recently expressed this concern directly to El Salvador, a Central American nation that declared bitcoin legal tender back in September of last year. Now in its seventh...

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India Is Still Unclear When It Comes to Crypto

India is still having a tough time deciding if it wants to allow crypto in its future or not. One of the people casting doubt on whether digital currencies have a space in the later years of India is Union Finance Minister Nirmala Sitharaman, who last Monday explained in an interview that money laundering is a big concern amongst her constituents. India Is Worried about Crypto Money Laundering She believes that money laundering and other illicit crimes are too big to...

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Bitcoin Falls Following Crypto-Related Tax Sales

Bitcoin has hit another low point. The currency is trading for under $39,000, hitting what is arguably its lowest point this month. Bitcoin Is at Its Lowest Point This Month Cryptocurrencies like bitcoin have been undergoing a bit of a slump as of late. There have been many reasons for this, a big one being that they are largely correlating with stocks which have been slowly moving south. However, one of the other big reasons is because tax season has come and gone, and...

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Analysts Say a Spot BTC ETF Will Arrive in 2022

Crypto analysts are convinced that 2022 will be the year in which a real bitcoin-based exchange-traded fund (ETF) comes about. To be fair, one already exists; it was established last year by Pro Shares, but that one is based on bitcoin futures. This new one, they believe, will be based on spot trading. In other words, it will be real. Will a Spot Bitcoin ETF Come About This Year? The sentiment comes following the Securities and Exchange Commission (SEC) approving an...

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Ukrainian Refugees Are Turning to the Lightning Network to Obtain Funds

Alena Vorobiova is a Ukrainian immigrant who says that bitcoin is a true savior. She recently had crypto transferred from the United States to her phone in Poland through what’s known as the Lightning Network. She received it very quickly, which proved useful given the lack of electronic banking in the area now that Russia has allegedly invaded Ukraine. The Lightning Network Is Being Put to Good Use The battle between Russia and Ukraine has been occurring for the past...

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Janet Yellen Really Wants to Regulate Crypto

Janet Yellen – the Treasury Secretary – is all up in arms about bitcoin and cryptocurrencies and is super eager to get them regulated. Janet Yellen Issues Her Stance on Crypto Her words come at a time when many of the world’s leading digital currencies are in the red. Bitcoin, for example, is down 15 percent from its March highs, while BNB is down nearly four percent. Ethereum is down nearly eight percent, and Solana and Cardarno are down about 14 and 13 percent...

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Thiel Vs. Buffett; What BTC Analysts Are Saying

Not long ago, tech investor Peter Thiel – who is known for his role in the creation of PayPal, one of the largest and most popular digital payment systems in the world – took aim at Warren Buffett, calling him a “psychopathic grandpa from Omaha.” This was in response to Buffett’s repeated attacks on bitcoin. Buffett has referred to BTC “rat poison squared” in the past. Peter Thiel and Warren Buffett Fight It Out Over BTC Thiel also hit out at Jamie Dimon, the man behind...

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Bitcoin Price Analysis: BTC Struggle Continues Below $40K

Bitcoin price extended decline below the $38,000 zone against the US Dollar. The price is now trading below $39,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $39,250 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a steady increase if there is a move above the $39,400 level. Bitcoin price is struggling below $40,000 against the US Dollar. BTC might extend losses if...

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