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This small Caribbean island fully embraces Bitcoin in absence of banks
Bequia, a small island in the Caribbean just 18 square kilometers in size, is primed to become the world’s first fully Bitcoin-enabled community, Euronews reported earlier this week. The post This small Caribbean island fully embraces Bitcoin in absence of banks appeared first on CryptoSlate. äàëüøå »
2021-4-30 07:00
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Why The Chinese Government Started Mining Bitcoin (BTC)
Reporter Colin Wu shared news published by Chinese state media PengPai related to Bitcoin mining activities by the national government. At the very least, China’s view of cryptocurrencies is ambiguous, but according to the report they have been dabbing with BTC. äàëüøå »
2021-4-30 02:42
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Australian cricketer Brett Lee donates 1 Bitcoin towards India’s coronavirus fight
Brett Lee, a former Australian international cricketer, has donated one Bitcoin (worth roughly $54,000 today) to the so-termed “Crypto Relief” fund aimed at helping Indian hospitals to fight the coronavirus pandemic. äàëüøå »
2021-4-30 22:00
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US bank BNY Mellon blames “no exposure to Bitcoin” for fund underperformance
US bank BNY Mellon says one of its technology-focused funds had underperformed the market because it wasn’t exposed to companies investing in Bitcoin, a filing from yesterday showed. The post US bank BNY Mellon blames “no exposure to Bitcoin” for fund underperformance appeared first on CryptoSlate. äàëüøå »
2021-4-29 19:00
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‘Bitcoin is not a hedge against anything,’ concludes ‘Black Swan’ author Nassim Taleb
Bitcoin (BTC) is not “a hedge against anything,” concluded “Black Swan” author and risk analyst Nassim Nicholas Taleb after inviting his 727,000 Twitter followers to debate on whether there is any correlation between BTC and inflation. äàëüøå »
2021-4-29 01:00
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Turkey considers crypto regulation following the collapse of two exchanges
Turkish authorities are planning to start regulating the cryptocurrency space in the country after two local crypto exchanges allegedly conducted an “exit scam” within a week, as per a report on business news outlet Bloomberg yesterday. äàëüøå »
2021-4-29 00:00
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Talking Bitcoin, ICOs, and Ethereum DeFi with ‘The Defiant’ founder Camilla Russo
Few individuals make the career switch from a “steady” mainstream financial news publication to writing a book on the “risky” crypto space. The post Talking Bitcoin, ICOs, and Ethereum DeFi with ‘The Defiant’ founder Camilla Russo appeared first on CryptoSlate. äàëüøå »
2021-4-29 22:00
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Why Bitcoin Aims For New Highs After Bump Phase
Bitcoin has been consolidating in the mid-range of the $50,000 in the past weeks. The cryptocurrency went through a correction during the weekend and lost critical support at $47,000, only to be saved by whales. äàëüøå »
2021-4-28 19:26
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Young Koreans hooked on Bitcoin trading sparks “crypto addiction” fears
An article today from the leading South Korean newspaper Chosun Ilbo detailed the phenomenon of obsessive Bitcoin tracking and mentioned the impact of price fixation on the lives of young Koreans, even to the point of interfering with their work commitments. äàëüøå »
2021-4-29 19:00
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Tokyo-listed gaming giant Nexon invests $100 million in Bitcoin (BTC)
South Korean–Japanese game maker Nexon today announced a $100 million investment in Bitcoin (BTC), the world’s largest cryptocurrency by market cap, as per a release. The post Tokyo-listed gaming giant Nexon invests $100 million in Bitcoin (BTC) appeared first on CryptoSlate. äàëüøå »
2021-4-29 11:16
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This mining firm is tackling Bitcoin’s greenhouse gas problem in a unique way
Crusoe Energy, a Colorado-based mining and alternative energy firm, is tackling Bitcoin’s climate impact in a previously unseen manner, as per a feature on tech publication TechCrunch today. The post This mining firm is tackling Bitcoin’s greenhouse gas problem in a unique way appeared first on CryptoSlate. äàëüøå »
2021-4-28 01:00
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Data shows old Bitcoin holders aren’t selling even as newcomers get hit by volatility
Last week saw global markets react to news of potential tax law amendments in the United States. The post Data shows old Bitcoin holders aren’t selling even as newcomers get hit by volatility appeared first on CryptoSlate. äàëüøå »
2021-4-28 22:00
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Bitcoin Gains Steam With U.S. Politicians, Will It Become A National Movement?
Politicians in the United States seem to be embracing Bitcoin. In the last two weeks, various states across the U. S. territory have pushed regulations, resolutions, and statements that acknowledge BTC as an asset on the path to gain broader adoption. äàëüøå »
2021-4-28 20:48
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Bitcoin Formes “Black Thursday” Buy Signal, Why It Could Lead To $100K
Bitcoin has returned to the previous week’s levels. At the time of writing, BTC trades at $54. 882,07 with a 1. 9% profit in the daily chart. In the weekly and monthly chart, BTC shows sideways movement. äàëüøå »
2021-4-27 18:23
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Gemini and Mastercard to launch crypto rewards credit card this summer
Crypto exchange Gemini has partnered with payments giant Mastercard as the exclusive card network for the platform’s upcoming “first-of-a-kind” cryptocurrency rewards credit card, according to an announcement published today. äàëüøå »
2021-4-28 16:44
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Gemini and Mastercard to launch Crypto Rewards Credit Card this summer
Crypto exchange Gemini has partnered with payments giant Mastercard as the exclusive card network for the platform’s upcoming “first-of-a-kind” cryptocurrency rewards credit card, according to an announcement published today. äàëüøå »
2021-4-27 16:44
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Tesla sells $272 million of Bitcoin, but Elon Musk is still HODLing
American electric vehicle and clean energy company Tesla has sold nearly $275 million worth of Bitcoin months after a landmark $1.5 billion investment, it revealed in a filing yesterday. The post Tesla sells $272 million of Bitcoin, but Elon Musk is still HODLing appeared first on CryptoSlate. äàëüøå »
2021-4-27 10:28
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Why PayPal’s CEO Predicts Bitcoin Will Change The Financial System In The Next Decade
In an interview for TIME magazine, PayPal’s CEO Dan Schulman talked about the payment processor expansion of its crypto service. The executive expects a transformation of e-commerce into a personalized experience and “contextual” purchases driven by social media platforms. äàëüøå »
2021-4-27 21:03
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Crypto market returns into green zone after last week’s dip
Monday’s trading session has marked a return to form for Bitcoin (BTC) and other top cryptocurrencies, mostly offsetting the losses incurred by the last week’s slump, according to crypto metrics platform CoinGecko. äàëüøå »
2021-4-27 20:49
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Barstool Sports president Dave Portnoy buys Bitcoin…again
Dave Portnoy, president of pop-culture and sports-focused media company Barstool Sports, today revealed that he bought one Bitcoin—after swearing that he will never do it two months ago. The post Barstool Sports president Dave Portnoy buys Bitcoin…again appeared first on CryptoSlate. äàëüøå »
2021-4-27 17:30
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Bitcoin Dominance Dropped Below 50%, What This Could Mean For The Market
Bitcoin still moving sideways on the lower timeframes has managed to hold above key support. At the time of writing, BTC trades at $49. 807,17 with 16. 8% and 2. 4% in the weekly and monthly charts, respectively. äàëüøå »
2021-4-26 23:00
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Bitcoin ‘Fear and Greed Index’ reaches early pandemic levels of 2020
The “Crypto Fear and Greed Index,” a collective metric that measures current sentiments on the cryptocurrency market, swiftly swung from “Extreme Greed” (79 points) last week to “Fear” (31) today as most digital assets continue to wallow in the red zone. äàëüøå »
2021-4-26 20:35
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Korean tax officers seize $22M in crypto directly from exchange accounts
South Korea’s Seoul metropolitan government has seized 25 billion won ($22 million) worth of crypto from tax evaders—directly out of their exchange accounts, local news outlet Yonhap reported yesterday. äàëüøå »
2021-4-25 03:33
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After The Crash: Why Bitcoin Could Have More Upside Potential
Bitcoin is holding well above the critical support at $47,000. Trading at $50. 067 with 1. 6% in the 1-hour chart and sideways movement in the 24-hour chart, BTC seems to be on a path to recovery on the lower timeframes. äàëüøå »
2021-4-25 22:00
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Bitcoin is an ‘open Ponzi scheme,’ says ‘Black Swan’ author
Well-known risk analyst and “Black Swan” author Nassim Nicholas Taleb seemingly changed his previously positive attitude toward Bitcoin, calling it a “gimmick” and an “open Ponzi scheme” during an interview with CNBC’s Squawk Box yesterday. äàëüøå »
2021-4-24 21:11
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Bitcoin’s Market Structure Broken, But This Metric Points To Salvation
Bears wreak havoc in the crypto market and major coins bleed out in the lower and higher timeframes. Bitcoin (BTC) is on a downtrend with a 9% correction over the past day and 20. 9% in the 7-day chart. äàëüøå »
2021-4-24 22:00
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$3.7 billion liquidated as crypto markets react to Biden’s tax scare
Over $3 billion worth of crypto positions were liquidated this morning amidst a broader sell-off, data from multiple sources showed. The post $3.7 billion liquidated as crypto markets react to Biden’s tax scare appeared first on CryptoSlate. äàëüøå »
2021-4-23 13:00
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India may give crypto holders an “exit window” in case of Bitcoin ban
India’s officials are currently discussing the possibility of providing an “exit window” that would allow crypto holders to get rid of their assets ahead of the potential ban on all “private” digital currencies, The Indian Express reported today. äàëüøå »
2021-4-23 10:00
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Investor who predicted a $400,000 Bitcoin is now calling for a 50% drop
Scott Minerd, chief investment officer of famed investment firm Guggenheim Partners’, says Bitcoin (BTC) could see a 50% drop in the near term as it’s run ‘too far, too fast. ’ He made the comments in an appearance on CNBC show Worldwide Exchange yesterday. äàëüøå »
2021-4-23 04:00
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On-chain data shows ‘whales’ are accumulating Bitcoin despite fearful markets
Bitcoin (BTC) recently went through one of the steepest corrections seen since the beginning of the year. After rising to a new all-time high of nearly $65,000 on April 14, the world’s largest cryptocurrency by market cap took a 7. äàëüøå »
2021-4-23 01:00
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Square says Bitcoin mining is “key to clean energy future”
Bitcoin mining farms and renewable energy facilities can greatly help each other to create an “abundant, clean energy future,” according to a joint research report published by payments company Square and asset manager Ark Invest yesterday. äàëüøå »
2021-4-23 22:00
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Bitmain Founder Warns Against This Future Threat For Bitcoin
Jihan Wu, the co-founder of Bitmain, is worried about Bitcoin’s future. Per a report by Colin Wu, the co-founder of Bitmain told Chinese miners there are “environmental protection issues”. Therefore, institutions currently buying or holding BTC could be more concerned about the origins of their coins. äàëüøå »
2021-4-22 18:04
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Legendary investor who bought Bitcoin at $350 says this rally is just beginning
American investor Bill Miller says Bitcoin’s (BTC) fabled bull run is only getting started despite the asset’s nearly 700% price increase in the past year, a report on news outlet CNBC stated today. äàëüøå »
2021-4-22 04:00
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Why Bitcoin Could Be The Key For The Future Of Clean Energy
Much has been said lately about Bitcoin’s impact on the environment. Mainstream media has been especially keen on declaring BTC’s consensus mechanism (Proof-of-Work) a potential danger for the future of the planet. äàëüøå »
2021-4-22 22:13
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Why Bitcoin’s Price May Have Hit Rock Bottom Based On This Metric
Still licking its woods after a brutal weekend, Bitcoin has been able to maintain critical levels of support. At the time of writing, BTC’s price trades at $55. 318 with side movement in the past 24-hours. äàëüøå »
2021-4-21 17:38
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JPMorgan says Bitcoin is showing ‘weakness’ as fund inflows fall
Analysts at US bank JPMorgan say the Bitcoin (BTC) market is showing signs of weakness, as per a report on financial news outlet Bloomberg. The post JPMorgan says Bitcoin is showing ‘weakness’ as fund inflows fall appeared first on CryptoSlate. äàëüøå »
2021-4-21 13:09
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You can now pay for a WeWork office using Bitcoin and other cryptocurrencies
United States real estate firm WeWork, which provides office and work solutions, announced it now accepts Bitcoin, Ethereum, USD Coin, Paxos, and other cryptocurrencies as payment for its services. äàëüøå »
2021-4-21 07:00
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How the “West” Is Driving Bitcoin’s Bull Market, But Asia Is Resisting
Bitcoin’s price is moving sideways in a critical support zone. At the time of writing, BTC’s price is trading at $55.780 with 0.3% in the daily chart and 7.3% losses in the weekly chart. According to Arcane Research’s most recent report, BTC’s 2020 and 2021 bull run has been heavily affected by the dynamics from […] äàëüøå »
2021-4-21 19:09
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Miner explains why the Bitcoin hash rate fell by 25% recently
Mustafa Yilham, VP of global business development at Asian mining and wallet company Bixin, took to Twitter today to explain why Bitcoin’s hash rate—the total computing power of the blockchain—dropped by around 25% last week. äàëüøå »
2021-4-21 19:00
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Biden Administration Drafting Bitcoin Regulation, Why It Could Be Approved Soon
Fox News correspondent Charles Gasparino claimed via his Twitter handle that Joe Biden’s administration is currently working on a “regulatory approach” to Bitcoin, cryptocurrencies, and the crypto industry in general. äàëüøå »
2021-4-21 17:32
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A $1.45 billion Bitcoin fund is soon listing on NASDAQ Dubai
3IQ Corp, the company behind a $1. 45 billion Bitcoin Fund listed on the Toronto Stock Exchange (TSX), is gearing up to list it on Nasdaq Dubai, local outlet The National reported today. The post A $1. äàëüøå »
2021-4-21 16:00
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How Bitcoin “Black Thursday” Compares To This Weekend’s Flash Crash
Bitcoin is barely recovering from a bloody weekend. Trading at $56,767 with 2.8% profit in the daily chart and a 5.6% loss in the weekly chart, BTC’s price outlook might seem bearish. However, investor Nik Yaremchuck shared a fractal comparing Bitcoin’s worse period in 2020 and the weekend’s flash crash. As can be seen below, […] äàëüøå »
2021-4-20 17:38
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South Korea aims to “pay special attention” to Bitcoin and crypto transactions
South Korea’s regulators have announced a new crackdown on crypto-related illegal activity amidst the ongoing digital assets trading boom, local news outlet Yonhap News Agency reported today. The post South Korea aims to “pay special attention” to Bitcoin and crypto transactions appeared first on CryptoSlate. äàëüøå »
2021-4-20 16:00
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Chinese regulator says Bitcoin is an ‘alternative investment’
Li Bo, a deputy governor of People’s Bank of China (PBoC), the country’s central bank, said over the weekend that Bitcoin and stablecoins are ‘alternative investments’ in the eyes of the law. The post Chinese regulator says Bitcoin is an ‘alternative investment’ appeared first on CryptoSlate. äàëüøå »
2021-4-19 11:35
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Why A Central Bank of China Official Said Bitcoin Has Major Role in the Future
For the first time, a Chinese government official has recognized the value of Bitcoin and other cryptocurrencies. The People’s Bank of China Deputy Governor, Li Bo, called these assets an important part of the future at the Boao Forum for Asia, per a report by Colin Wu. äàëüøå »
2021-4-19 23:00
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This message was included in a Bitcoin block after the Coinbase listing
Expect hidden messages to pop on Bitcoin every time something iconic happens. The post This message was included in a Bitcoin block after the Coinbase listing appeared first on CryptoSlate. äàëüøå »
2021-4-16 01:00
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The U.S. just got a ‘pure-play’ Bitcoin and crypto ecosystem ETF
Global investment manager VanEck launched its ‘Vectors Digital Transformation ETF’ (DAPP), yesterday, as per a release. The post The U.S. just got a ‘pure-play’ Bitcoin and crypto ecosystem ETF appeared first on CryptoSlate. äàëüøå »
2021-4-15 16:00
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Embracing Bitcoin is now a matter of national security says former CIA Director
Michael Morell, the former Acting Director of the Central Intelligence Agency, disputes the narrative Bitcoin is full of illicit activity. The post Embracing Bitcoin is now a matter of national security says former CIA Director appeared first on CryptoSlate. äàëüøå »
2021-4-14 10:00
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Bitcoin Funding Flips Bullish, But Are Liquidations Imminent?
Bitcoin’s price has reached a new ATH after a long period of consolidation. At the time of writing, BTC is trading at $63.235 with 5.1% profits in the past day and 7.7% in the 7-day chart. Before the rally, data from Santiment pointed to high levels of bearish sentiment across social media platforms. During the […] äàëüøå »
2021-4-14 22:00
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Bitcoin (BTC) breaks $63,000 to new all-time highs
Bitcoin broke the $63,000 mark this morning to set a new all-time high, data from markets tool CoinGecko shows. The post Bitcoin (BTC) breaks $63,000 to new all-time highs appeared first on CryptoSlate. äàëüøå »
2021-4-13 11:41
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