Elizabeth Warren Echoes Labor Dept. Concerns About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans

U.S. Sen. Elizabeth Warren has joined the Department of Labor in expressing concerns about Fidelity Investment's plans to offer bitcoin in its 401(k) retirement plans.

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Hash Watch: Kraken Announces BCH Fork Plans, Bitcoin ABC Reveals Two-Pronged Effort

A number of third party infrastructure providers have announced contingency plans for the upcoming Bitcoin Cash upgrade on November 15, 2020. Hitbtc has revealed the exchange’s plans to halt bitcoin cash transactions on that day, and it plans to credit all users with an additional token if a blockchain split happens.

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PayPal reveals new details about adding crypto support

Online payments giant, PayPal, recently made quite a commotion in the crypto industry when it announced plans to add support for Bitcoin and a few other coins. Now, its senior executives revealed some additional details regarding the company’s crypto plans.

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PayPal Plans to Benefit from Bitcoin Looking at Cash App, Here?s How

Anthony Pompliano has spoken to the chief fintech correspondent at Reuters on his podcast and found out how PayPal may be planning to benefit from embracing Bitcoin

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OKEx, Still Paralyzed by Founder’s Arrest, Details Plans for Bitcoin Cash Hard Fork

While cryptocurrency withdrawals on OKEx remains suspended, the exchange is detailing its plans for the scheduled Bitcoin Cash fork in November.

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Southeast Asia’s Largest Bank DBS Plans to Launch a Cryptocurrency Exchange

The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company, but crypto proponents have learned about the upcoming support for assets like bitcoin, ethereum, and bitcoin cash.

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PayPal special! Crypto plans revealed, Bitcoin’s reaction, critics circle: Hodler’s Digest, Oct. 19–25

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link!

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Bitcoin Clocks Fresh 2020 High After PayPal Reveals Plans To Allow Customers Buy, Sell And Hold Crypto

The common aphorism, “If you can’t beat them, join them” augurs well with PayPal’s notable change of heart towards cryptocurrency. In January of last year, PayPal president and CEO Daniel Schulman proclaimed that there were very few retailers that accepted cryptocurrency payments.

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Bitcoin Proponents Bemoan Joe Biden’s Proposed Capital Gains Hike

The U. S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he wins the American presidency.

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Digital Ruble: Russia Unveils Plans to Test Central Bank Digital Currency

As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy.

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Coinbase Builds Into Bitcoin Ecosystem With Dev Grants, Wrapped BTC

San Francisco-based cryptocurrency exchange Coinbase has revealed two separate contributions to the Bitcoin ecosystem today. Here’s how the top crypto platform plans to boost the future of the first-ever cryptocurrency and make it more accessible, flexible, and DeFi-ready.

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Boringdao Raises $1.4M: Project’s Tokenized BTC Bridge Backed by 200% Collateral

There’s a new tokenized bitcoin project coming to the decentralized finance (defi) ecosystem that’s recently received $1. 4 million from blockchain investors. The project called Boringdao, a decentralized bridge between Ethereum and alternative blockchains, plans to launch the company’s bBTC tunnel this month in order to introduce another tokenized bitcoin.

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Up or down? Bitcoin (BTC) price prediction for October

Bitcoin (BTC) price gained 2. 4% yesterday to clear the short-term resistance at $10,500. The buyers have extended their weekly gains today by recording a 3-week high above the $11k mark. Fundamental analysis: CBDC plans accelerated Reuters reports that a group of seven central banks met today to discuss a potential roll-out of central bank digital currency (CBDC) in the future.

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Bitcoin Games Reveals Satoshi’s World Travel Plans, Offers Cashback, Free Spins, and Bonus Money

Embark on an adventure like none other to win exciting prizes and have loads of fun in Bitcoin Games’ new promotion. Up to 15x Money Multiplier Bitcoin Games has been making new waves by not only bringing hot new popular casino games playable with Bitcoin & Bitcoin Cash but also packaging new promotions that offer […] The post Bitcoin Games Reveals Satoshi’s World Travel Plans, Offers Cashback, Free Spins, and Bonus Money appeared first on Bitcoin News.

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Bitgo Plans to Launch Wrapped Bitcoin on the Tron Blockchain

Soon there will be another network that allows people to tokenize BTC in order to leverage the underlying blockchain’s speed and fees. On September 24, Bitgo, the custodian of the Wrapped Bitcoin project (WBTC), the most popular tokenized BTC platform to-date, announced a partnership with Tron.

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Venezuelan Government Plans to Regulate All Bitcoin Mining

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Michael Saylor Kicks Back at ‘Creative Journalism,’ Says He’s Not Dumping BTC

Michael Saylor has said he has no plans to dump Bitcoin (BTC) for a better yielding asset. The MicroStrategy CEO made the comments in response to stories circulating in the mainstream media, and picked up by cryptocurrency publications, alleging that he’d ditch BTC for an asset with better yields.

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BoE Explores Negative Rates; Bitcoin Is A ‘Must’ Because Fiat is a ‘Giant Ponzi Scheme’

The Bank of England (BoE) is exploring negative interest rates now and in response Sterling weakened sharply. The pound dropped 0. 7% against the dollar after the central bank’s plans “to explore how a negative Bank Rate could be implemented effectively, should the outlook for inflation and output warrant it at some point,” were revealed.

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Kiss’ Gene Simmons Tweets Cryptic Message About His Bitcoin Plans

Rock band Kiss’ lead singer Gene Simmons has tweeted a cryptic message about bitcoin in response to a discussion on making cryptocurrency accessible to the masses. Simmons previously said he was interested in bitcoin, noting that its price goes up every time people think it’s dead.

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Bitcoin News Roundup for Sept. 17, 2020

With bitcoin slipping with European stocks and a leaked memo about China's blockchain plans, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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Exclusive Interview with StormGain?s Alex Althausen on Their Future Plans, Market Manipulations and Bitcoin Mass Adoption

In this interview, Alex Althausen shares his vision on Bitcoin?s future and tells us what we should expect from StormGain

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Bitcoin Cash vs Bitcoin: How is BCH measuring up in 2020?

There is discord and disagreement within the Bitcoin Cash community again around plans to tax BCH miners - and the potential of yet another fork is looming. Almost two years on from the Bitcoin Cash / Bitcoin SV hardfork drama - where is Bitcoin Cash today in terms of its goal to ‘be a better Bitcoin’ - and where does it go from here?

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Singapore Exchange to Bring Regulated Bitcoin and Ethereum Cryptocurrency Indices to Asia

Singapore Exchange Ltd (SGX) has announced plans to launch two new cryptocurrency indices. The iEdge Bitcoin Index, and the iEdge Ethereum Index, will bring certified price referencing to the Asia region.

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How to Understand Huobi USDT-Margined Options

Huobi — one of the world’s largest cryptocurrency exchanges launched the first USDT-quoted European Option on September 1st. Features of Huobi Options Huobi first rolled out weekly, bi-weekly, and quarterly Bitcoin Options, with plans of adding other crypto options with time, thereby increasing options for retail and institutional traders yearning for diversity, depth, and liquidity.

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Visa Exec Says ‘Opt Out With Bitcoin’ Slamming Fed’s Policy Change Toward Inflation

On Thursday, 17 top Federal Reserve officials explained that the committee plans to let inflation run hotter than usual, or above the benchmark 2% rate for a duration of time. Fed Chair Jerome Powell’s speech was considered a “major policy shift” and a number of economists commented on the central bank’s move.

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Equinor to support Bitcoin mining in US with repurposed natural gas 

The international energy company, Equinor plans to repurpose gas flaring from U.S oil fields to support Bitcoin (BTC) mining, according to a new report from Arcane, a cryptocurrency market research huThe post Equinor to support Bitcoin mining in US with repurposed natural gas  appeared first on AMBCrypto.

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Japan’s SBI Holdings Plans to Launch CFD Trading Services for Bitcoin, XRP and Ethereum

Coinspeaker Japan’s SBI Holdings Plans to Launch CFD Trading Services for Bitcoin, XRP and EthereumSBI FX Trade will become the first forex exchange firm in Japan to support CFD trading for cryptos, including BTC, ETH and XRP.

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Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners

Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third.

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Bitcoin Cash Companies Are Taking Sides; Mining Tax Will Die On Arrival

Companies in the Bitcoin Cash ecosystem have largely rejected plans to add a controversial mining tax during this November's upgrade

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Dave Portnoy Takes on Crypto Advertisers, Plans to Become a “Bitcoin Millionaire”

Barstool Sports founder Dave Portnoy has amassed a massive social media following in recent months while trading the stock market, and he is now jumping headfirst into Bitcoin and the crypto markets.

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Japan: FSA Chief Says No Plans to Deregulate Bitcoin Trading, Focus on CBDC Development

Ryozo Himino, the new chief of the Japanese financial regulator – the Financial Services Agency (FSA) – told Reuters there is no need to promote non-fiat pegged cryptocurrencies such as bitcoin (BTC).

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Kazakhstan Set to Impose Taxes on Crypto Mining

Bitcoin miners in Kazakhstan will soon be paying taxes to the state as the government looks to raise funds for COVID-19 recovery plans. Outside China, Kazakhstan controls the third-largest share of the global Bitcoin (BTC) mining hash rate.

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Swiss Government-Owned Bank to Offer Bitcoin Lending and Custody Services

Basler Kantonalbank, one of the 24 cantonal banks dedicated to serving the 26 Swiss cantons, has announced plans to start offering its clients bitcoin (BTC) trading and custodial services via its subsidiary, according to a press release on August 3, 2020.

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Subsidiary to Top Austrian Mobile Network Provider, Launches Crypto Payments for 2500 Merchants

Austrian leading mobile service provider, A1 Telekom Austria Group, announced its subsidiary, A1 Payments, will be accepting digital currency payments like Bitcoin and Ethereum. On Monday, a posted blog stated the firm's new payment system would allow individuals as well as corporations to transact with thousands of merchants across Austria. BEG announced A1 Payment's plans […]

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Jihan Wu’s Matrixport Announces Plans To Launch Its Crypto Derivatives Exchange

Matrixport, a crypto-financial services firm, is launching its crypto derivatives platform offering perpetual swaps and options. The new platform, named Bit. com, aims to start the trading of perpetual Bitcoin swaps from August 3 with BTC options expected to be added two weeks later.

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Bitcoin Price Rallies 13% to Break Through $11,000

Bitcoin price rallied to $11,394 and surging volume suggests bulls have plans to press the price even higher.

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Americans to Buy Bitcoin With Their Second Stimulus Checks After Initial Investment Turned in 50% Profit

U. S. investors may be planning to use their second $1,200 stimulus money to buy bitcoin – again. The U. S. government is, on Monday, expected to approve plans for this second payout, White House officials have confirmed.

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Russia Shelves Plans to Criminalize Bitcoin Transactions – For Now

Russia has dropped plans to criminalize bitcoin transactions – for now, according to local media reports. The Digital Financial Assets Bill (DFA), due to be read for the second time in the Russian parliament – or State Duma – on July 21, has removed references to administrative and criminal liability for dealing in bitcoin (BTC).

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Pentagon plans to trace Bitcoin transactions

The Pentagon researches possible tools to trace Bitcoin transactions in an effort to detect...

The post Pentagon plans to trace Bitcoin transactions appeared first on Coin Journal.

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PayPal’s Letter to European Commission Confirms Its Plans to Develop Crypto Capabilities

In a letter to the European Commission published in March this year, the global payment service, PayPal, stated they are in works to enable cryptocurrency capabilities on the platform. The company has yet to disclose plans in the digital assets arena completely, but the addition of Bitcoin (BTC) to the platform could be on hand. […]

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Huobi's decision to launch options trading... a strategic move?

Cryptocurrency exchange Huobi Global revealed plans to launch Bitcoin Options. The plan for this launch comes at a time when Bitcoin has been coiling-up and in an extended bear market, awaiting a bullThe post Huobi's decision to launch options trading.

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Mining Company Ebang’s Stock Listed on Nasdaq Down 11%, Firm Plans to Launch Offshore Exchange

The bitcoin ASIC mining rig manufacturer, Ebang International Holdings, was recently listed on Nasdaq last Friday on June 26. Ebang is now the second mining rig manufacturer to have a U. S. initial public offering (IPO) by selling company shares.

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Bitcoin-based Startup Zap Opens Strike for Public Beta And Plans to Release Visa Rewards Card

Jack Mallers, Zap founder, revealed on Thursday that Zap’s Strike product, which enables individuals to receive Bitcoin in US dollar form through direct bank deposits, opens up for the public beta. I just published Announcing Strike Public BETA A new #Bitcoin era is born.

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Bitcoin to Roar Higher on PayPal Selling BTC? Time to Buy the Rumor

Yesterday, the news of fintech giant PayPal planning to roll out cryptocurrency buying and selling for Paypal and Venmo got the crypto market excited, and bitcoin went up to $9,800. Reportedly, the company plans to build in wallet functionality for users to store their crypto in the app as well. The service could be rolled […]

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Another mining equipment manufacturer from China to launch IPO in USA

Chinese bitcoin miner Ebang plans to launch an initial public offering on the US-based Nasdaq on 26 June. The company hopes to raise more than $80 million during the IPO.

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Bitcoin-friendly Singapore wants to team up with China for “Digital Yuan,” here’s why

East Asian nations are forging ahead with their digital currency and blockchain plans, with most being largely lenient towards large-cap digital assets like Bitcoin. The post Bitcoin-friendly Singapore wants to team up with China for “Digital Yuan,” here’s why appeared first on CryptoSlate.

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Singapore-Based Carpooling Platform Ryde Plans to Support Bitcoin Payments

The popular and first Singapore-based carpooling platform, Ryde has revealed that customers will soon be able to pay with bitcoin. The feature will be available after the bitcoin support is incorporated into the company’s payment app on June 22.

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A Futures Based Bitcoin ETF Proposed, Can It Pass SEC?

WisdomTree, a New York based asset manager which last year launched a physically-backed Bitcoin ETP in Europe, plans to launch in the United States a bitcoin ETF with a twist.... The post A Futures Based Bitcoin ETF Proposed, Can It Pass SEC? appeared first on Trustnodes.

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Bitcoin Rises to $9.6K as Stocks Cheer Additional US Stimulus Plans

A fresh stimulus "bazooka" from the Fed Reserve and the U.S. government lifted prices for both stocks and bitcoin.

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