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Tag Archives: Bitcoin News

Week in Review: Bitcoin Is Unexpectedly Bearish

At press time, bitcoin is trading for just over $8,400.Bitcoin: Bearish All Over Again?This figure marks a drop of roughly $700 over the past few days. The currency is incurring some very strange behavior as of late, though there doesn’t seem to be much of an explanation regarding why this behavior is happening.Let’s start off with the basics. To do this, we must go back to the end of October, when bitcoin was really trapped in a rut following the disappointing opening of Bakkt and the Mark...

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Jed McCaleb Discusses His Long Crypto Journey

Jed McCaleb is the co-founder and CTO of Stellar, a top 20 cryptocurrency and primary competitor to bitcoin. In a recent interview, McCaleb explains how he got his start in the crypto industry, and what it was about the space that attracted him.MCCaleb: I was Interested in BTC Because It Was a DisruptorMcCaleb comments that he’s fond of crypto in that it works to defy and disrupt traditional finance, which he says doesn’t always work for everyone. Describing his feelings when he first found...

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Tim Draper: The Lightning Network Will Improve BTC

Tim Draper has always been a huge bitcoin advocate, but in a recent interview, he explains why he’s so convinced BTC is headed for the stars and beyond.Draper Says the Lightning Network Will Do Great ThingsIn the past, Draper has stated that bitcoin is likely to hit $250,000 by the time 2022 rolls along. He later altered his prediction a bit to suggest that this figure would instead be reached in the early months of 2023, thereby pushing things back somewhat. However, he stands by his...

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Tether Introduces New Gold-Backed Stable Coin

The crypto world is seeing a huge influx of gold-backed stable currencies, and now Tether is adding a new one to the mix.Tether Is Getting Involved in GoldThe world could see the new “Tether Gold” cryptocurrency by the time Christmas rolls around this year. What is it about Christmas that seems to bring either great renown or floor-scraping gutter waves to the crypto space?Remember in 2017 during the holiday season when the number one cryptocurrency by market cap (we’re talking about bitcoin)...

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Shanghai Looking to Close Down Crypto Businesses

You better watch out. You better not cry… If you use crypto and live in Shanghai…Shanghai Seeks to Shut Down Crypto BusinessesAs we get ready for the upcoming holiday season and familiar carols roll through our heads, so do thoughts of crypto, and in China, the digital currency industry is taking another blow to the gut. The government of Shanghai has announced that it will be looking into all cryptocurrency-related activities – such as tokens and trading – to see which crypto businesses need...

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Tom Lee: Now Isn’t the Time for a Bitcoin ETF

Tom Lee has always been very adamant about bitcoin, but in a recent interview, he says that the space is way too small for a bitcoin-based exchange-traded fund (ETF) to work.Lee: Now Just Isn’t the TimeThere have been many attempts to get cryptocurrency ETFs approved over the past several years, but none have been successful. One of the ETF proposals that many believed would really pave the way for future bitcoin and blockchain-based products was the ETF application submitted by Van Eck Solid...

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Cryptocurrency Mining Report Provides Financial Damage Figure

The environmental effects of cryptocurrency mining on our planet are allegedly more costly than we might have thought, according to a new report.Cryptocurrency Mining Report Provides a Dollar FigureThe document, which is entitled “Crypto Damages: Monetary Value Estimates of the Air Pollution and Human Health Impacts of Cryptocurrency Mining” has been published in the scientific journal “Energy Research and Social Science.” It was authored by several researchers at the University of New Mexico...

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#750 Walmart Blockchain Supply Chain Management, Anonymous 75 Millionen Bitcoin Spende & China Bargeldbeshränkung

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 750. Heute geht’s um folgende Themen: Walmart Kanada Blockchain Supply Chain Management, Anonymous will 75 Millionen US-Dollar in Bitcoin spenden & China schränkt Cash Transaktionen ein. 1.) Walmart Kanada führt die größte Blockchain für Supply Chain Management aller Zeiten einhttps://coincierge.de/2019/walmart-kanada-fuehrt-die-groesste-blockchain-fuer-supply-chain-management-aller-zeiten-ein/ 2.) Anonymous...

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Swiss Bank SEBA Is Looking to “Bridge the Gap” Between Fiat and Crypto

SEBA, a cryptocurrency bank based in Switzerland, has announced that it is now authorized to handle both traditional fiat currency as well as digital money like bitcoin (BTC) and Ethereum (ETH).SEBA Offers Both Traditional Money and CryptoCustomers can open accounts with the bank as a means of storing both their traditional funds and their cryptocurrencies. Clients of SEBA typically rank as asset managers, private investors and corporate businesses.Switzerland is one of the most prominent...

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#749 Telegram schießt gegen SEC, Canaan Creative $100 Millionen IPO Ziel & Bitfinex neue Produkte

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 749. Heute geht’s um folgende Themen: Telegram schießt zurück: SEC betreibe „Ad hoc“-Justiz, Canaan Creative $100 Millionen IPO Ziel & Bitfinex plant neue Produkte in 2020. 1.) Telegram schießt zurück: SEC betreibe „Ad hoc“-Justizhttps://www.btc-echo.de/telegram-schiesst-zurueck-sec-betreibe-ad-hoc-justiz/ 2.) Canaan Creative Sets Terms, Plans to Rake in $100 Million in Upcoming US...

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