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Bitcoin is Better! Aussie Bank Note Typo Highlights Inferiority of Fiat
The Reserve Bank of Australia has spent most of the day wiping proverbial egg off its face today as it emerged that the latest run of A$50 notes it has printed has a rather embarrassing typo on them. дальше »
2019-5-10 00:00 | |
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Michael Novogratz Says POTUS Trump’s Economic Policies Make Him More Bullish About Bitcoin
In a recent Tweet, the recognized investor and founder of Galaxy Digital said that economic policies make him more bullish about Bitcoin (BTC) and digital currencies. There are several US leaders, including President Donald Trump and Vice President Michael Pence that suggest that the Federal Reserve (FED) should cut interest rates even further for the […] дальше »
2019-5-5 17:55 | |
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Major Influencer in Anti-Bitcoin Case in India Calls Crypto a Ponzi Scheme (Doesn’t Imply Bitcoin Is)
The Reserve Bank of India is due to finally conclude a case that will finally determine how cryptocurrency will be used within the country. However, Anurag Agarwal of the Ministry of Corporate Affairs could have a major influence – will he use that power towards the good of the crypto industry? Anurag Agarwal states that […] дальше »
2019-5-5 00:36 | |
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Crypto Exchange Bitbuy Passes Audit; Launches High-Frequency Trading Platform
Canada-based cryptocurrency exchange Bitbuy on May 2, 2019, announced that it has completed a Proof of Reserve and Security Audit to bolster its safety mechanisms. No Compromise The recent drama surrounding QuadrigaCX has forced crypto exchanges around the world to reassess their security mechanisms. дальше »
2019-5-4 13:00 | |
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India's Bitcoin love story to end in break-up?
The Indian government has begun inter-ministerial consultations on a draft bill to ban crypto assets. The news comes as a further blow to the large Indian bitcoin community after the Reserve Bank of India issued a bitcoin banking ban in 2018. дальше »
2019-5-4 16:00 | |
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Tether (USDT) Promotion, Bitcoin (BTC) Likely to Print Higher
Bitcoin (BTC) in an uptrend but down 4. 3 percent Tether’s reserve low and the peg isn’t 1:1 against the USD It is now emerging that USDT’s reserves don’t tally with what’s in circulation. That means Tether Limited is lying and investors may flock to safety driving Bitcoin prices up. дальше »
2019-5-1 20:00 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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State of Cryptocurencies and Blockchain Technology in India
After the recent announcement of a bill that will potentially ban virtual currency in India, BTCManager has summarized reports from the Reserve Bank of India (RBI) and the litigation surrounding the current blanket ban. дальше »
2019-5-1 21:00 | |
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Bitcoin (BTC) – a new gold
The first cryptocurrency is often criticized in terms of technical characteristics. But in fact, it turns out that it is Bitcoin that reaches the level of world fiat money and even the level of a reserve or protective asset – such as gold. дальше »
2019-4-30 18:00 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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Indian Government Mulling Blanket Ban on Cryptocurrencies
The government of India has drafted a bill to completely ban cryptocurrencies and regulate official digital currencies, reports The Economic Times, April 26, 2019. Things Go from Bad to Worse Since its inception, the growth of the Indian cryptocurrency ecosystem has been continually stalled due to government and Reserve Bank of India (RBI) diktats. дальше »
2019-4-26 19:00 | |
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India is Preparing a ‘Banning of Cryptocurrencies’ Bill
Bitcoin stakeholders in India are decrying the decision by the country’s central bank to exclude cryptocurrency-related businesses in its recently released regulatory sandbox for fintech firms. Meanwhile, reports have emerged that the government is looking to ban cryptocurrencies entirely. дальше »
2019-4-26 12:00 | |
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Bitcoin stands out as it outperforms Oil, Bonds, Gold, Nasdaq 100, and S&P 500 during bear market
Bitcoin was subjected to a lot of pushback since its inception, with the Federal Reserve chair Janet Yellen calling Bitcoin a “highly speculative asset”. There were institutional players who perceived Bitcoin to be nothing more than a bubble, speculating its price to eventually fall to zero. дальше »
2019-4-20 14:30 | |
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Adamant Capital: BTC Price Bottom Is Likely In, Accumulation Phase Has Begun
Bitcoin fund Adamant Capital is convinced that the bottom of the bear market is in, and true to its name, the firm has laid out an unwavering case for this position with some persuasive hard data and fundamental analysis. дальше »
2019-4-20 22:59 | |
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India: RBI Omits Cryptocurrency-Based Projects from Fintech Regulatory Sandbox
The Reserve Bank of India (RBI) on April 18, 2019, published the terms of its fintech-focused regulatory sandbox. While the report highlights the importance of blockchain technology for various applications, it explicitly rejects all sorts of cryptocurrency-based businesses from being included in the sandbox. дальше »
2019-4-20 21:00 | |
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Cryptocurrencies Excluded From India’s Fintech Regulatory Sandbox
The Reserve Bank of India (RBI) has published its Fintech Regulatory Sandbox report. While cryptocurrencies could be included in the future, the bank noted that their services might not be accepted for testing currently. дальше »
2019-4-19 17:29 | |
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India Shuns Bitcoin Legalization Again, Excludes Crypto Startups from Fintech Sandbox
By CCN. com: The Reserve Bank of India (RBI) has published its official document on a draft framework for fintech regulatory sandbox entitled “Draft Enabling Framework for Regulatory Sandbox. ” The document explicitly excluded crypto assets like bitcoin, demonstrating a lack of intent to regulate the local crypto market. дальше »
2019-4-19 14:13 | |
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RBI Excludes Cryptocurrency From Indian Regulatory Sandbox
India’s central bank, the Reserve Bank of India (RBI), has unveiled its framework for a fintech regulatory sandbox. While blockchain and smart contracts are welcomed, the bank stated that cryptocurrency and related services “may not be accepted for testing. дальше »
2019-4-19 09:31 | |
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Industry Exec: Bitcoin To Be The “Escape Hatch” In Impending Global Recession
In the eyes of many across the globe, including anti-establishment figures, credited and established economists, and consumers, the macroeconomy could be on the verge of collapse. In fact, in a recent Bloomberg op-ed, Narayana Kocherlakota, the former president of the Federal Reserve’s Minneapolis arm, advised his old employer to prepare for a crisis. дальше »
2019-4-16 14:14 | |
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Bitcoin Price and Stocks Do Not Correlate, Indicates Latest FRED Data
Cryptocurrency and stock price movements do not correlate with each other, indicated the latest Federal Reserve Economic Data (FRED). The data pitted S&P 500 index performance against the cryptocurrency index managed by US-based Coinbase crypto exchange platform. дальше »
2019-4-10 18:14 | |
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Is Coinbase Becoming A Crypto Bank?
Bitcoin’s inception was a direct response to the banks which precipitated the financial crisis in 2007. These financial institutions issued high-risk sub-prime mortgages to individuals unable to make consistent monthly payments, used fractional reserve lending for extreme over-leverage, and facilitated a global crisis following the Lehman Brothers bankruptcy. дальше »
2019-4-9 21:26 | |
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Monero’s Riccardo Spagni: Bitcoin Has Reached a Point of No Return for BTC as a Reserve Currency
Riccardo Spagni operates under the Twitter handle @fluffypony. Recently he has given a live interview with @chowbungaman to speak about MCC2019 and the future of BTC. He also is giving his reasons for recently purchasing all the LTC from Charlie Lee. дальше »
2019-4-6 17:37 | |
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Bitcoin [BTC] is too far along not to be a reserve currency, says Monero’s [XMR] Riccardo Spagni
Riccardo Spagni, the Co-founder of Tari and lead maintainer of Monero, recently spoke about Bitcoin [BTC] and Monero [XMR], in an interview with Monero Talk. Spagni was asked why the Bitcoin community was not a big supporter of Monero, considering the fact that they are on a mission to create digital cash. дальше »
2019-4-5 20:00 | |
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Bitcoin Is a Hedge Against ‘Irresponsible’ Federal Reserve: Asset Manager
As the bitcoin price recovers following a catastrophic bear market, crypto bulls are optimistic that good times lie ahead. Moreover, they predict that the public’s embrace of bitcoin will strengthen over time as they lose faith in the Federal Reserve for its “irresponsible” fiscal policies. дальше »
2019-4-5 02:30 | |
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Bitcoin Can Function As A Gold Insurance Policy: Leading Crypto Asset Makes Its Store Of Value Case
Bitcoin Gold Ten years ago, the world experienced an unprecedented quantitative easing while also suffering from unmanageable debt levels. The crisis came to a head in 2017 as the federal reserve sought to reduce its $4. дальше »
2019-4-3 01:48 | |
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Federal Reserve System Briefly Goes Down as Bitcoin Boasts 99.98% Uptime
Several users have reported that the US Federal Reserve Bank’s real-time settlement system has gone offline for a brief period of time. This prevented banks from completing a number of transactions, further highlighting the issues of centralized systems. дальше »
2019-4-2 20:00 | |
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The Music Will Stop: Could Bitcoin Rally Due To The Federal Reserve?
In the eyes of many across the globe, including anti-establishment figures, credited and established economists, and consumers, the macroeconomy could be on the verge of collapse. The U. S. ’ sovereign debt has surpassed $22 trillion, with the Federal Reserve (Fed) showing no indication about whether it will put its foot on the brake. дальше »
2019-4-2 14:30 | |
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Not April Fools: Why the US Dollar Will ‘Print’ Bitcoin to $100 Trillion
Sky’s the limit for Bitcoin, whose market capitalization could reach $100 trillion when looking at the historic trends of the US dollar and the world’s most popular cryptocurrency side by side. Dollar’s Inflation is a Feature April Fools Day aside, the only predictable thing about the US Dollar is that its purchasing power will continue to drop. дальше »
2019-4-2 03:00 | |
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Bitcoin [BTC] is slowly maturing into full-fledged digital gold and reserve asset, says Tuur Demeester
Tuur Demeester, the Founding Partner of Adamant Capital, spoke about the different phases of Bitcoin [BTC], in an interview with Stephan Livera. Demeester stated that for him, Bitcoin was “slowly maturing” into a “full-fledged reserve asset, a full-fledged digital gold and a full-fledged money,” adding that this was not achievable in a day, but in phases. дальше »
2019-4-2 23:30 | |
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Bitcoin [BTC] exchanges like Gemini are full reserve banks, says Tuur Demeester
Tuur Demeester, the Founding Partner of Adamant Capital, spoke about Bitcoin exchanges being full reserve banks, during an interview with Stephan Livera. During the interview, Livera brought up an old article written by Demeester titled ‘Why Bitcoin is the Petroleum of our day. дальше »
2019-4-2 23:00 | |
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Coindelta Becomes the Latest Victim of India’s Bitcoin Ban
Coindelta, an Indian cryptocurrency exchange platform, has announced its decision to cease operations in the country, citing operational difficulties. The platform published a blog post on its Medium account at the end of March 2019, blaming the Reserve Bank of India (RBI) ban on exchanges maintaining accounts with Indian commercial banks as the reason forRead More дальше »
2019-4-1 19:00 | |
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[Crypto Confidential] Confirmed: Bitcoin as Valuable as Vibranium, to Be Wakanda’s National Reserve Currency
Bitcoin Confirmed as the National Reserve Currency of Wakanda Wakanda, a small country in the North Eastern part of Africa, has dazed the rest of the world with its recent announcement where it declared that Bitcoin (BTC) is now the official currency in the nation. дальше »
2019-4-1 18:29 | |
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It’s Already Too Late for India, Even if its Legalizes Bitcoin Exchanges
On March 30, less than 6 months since the shutdown of India’s largest bitcoin exchange Zebpay, one of the last remaining cryptocurrency exchanges in India, Coindelta, closed down its services. In an official statement, Shubham Yadav, the founder of Coindelta, wrote that there has not been enough progress in the process of overturning the decision of the Reserve Bank of India to prohibit local banks from dealing with bitcoin and crypto-related businesses. дальше »
2019-4-1 15:15 | |
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Why Trump’s Controversial Fed Pick is Massively Bullish for Bitcoin
By CCN. com: Donald Trump might frequently complain about the Federal Reserve and Jerome Powell, but until now no one cared. His latest move to recommend Stephen Moore for a seat on the Fed’s board is potentially explosive, with ripple effects that could hit the global monetary system hard. дальше »
2019-3-28 19:53 | |
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Bitcoin [BTC]: Mike Novogratz talks about Bitcoin being sovereign money, how it could become a store of value
Mike Novogratz, a Bitcoin proponent and the founder of Galaxy Digital, spoke with Anthony Pompliano about Bitcoin becoming a store of value and exceeding Gold’s market cap. They also spoke about the Federal Reserve’s view on Bitcoin and blockchain technology. дальше »
2019-3-27 01:30 | |
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Bitcoin: The Apex Predator of Money Beats Fiat & Gold
It’s been ten years since Bitcoin first came into existence. Though it is yet to gain regulatory clarity, it is making advances towards becoming a store of value and medium of exchange. Given the fact that fiat currencies itself don’t have an average life expectancy of more than 30 years, even the reserve currency couldn’t […] дальше »
2019-3-26 16:27 | |
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Why India’s Bitcoin ‘Ban’ Could Disappear after March 29 Hearing
Since July 2018, due to a circular released by the Reserve Bank of India (RBI) in April, local banks were prohibited from dealing with bitcoin and cryptocurrency exchanges by the central bank. Last month, the Supreme Court of India provided the government four weeks to draft a cryptocurrency regulatory framework, which would decide the legal landscape of the cryptocurrency market in India for the foreseeable future. дальше »
2019-3-26 08:30 | |
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Exclusive: Indian Bitcoin Users in the Dark Over Their Tax Liabilities
There is no doubt that India is among the most disoriented country when it comes to bitcoin regulations. When the Reserve Bank of India merely withdrew banking access to entities dealing in cryptocurrencies, the general public opinion misinterpreted it as an outright crypto ban. дальше »
2019-3-25 16:39 | |
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Facebook’s Facecoin Set to Replace the U.S. Dollar, Not Bitcoin: Kik CEO
Coinspeaker Facebook’s Facecoin Set to Replace the U. S. Dollar, Not Bitcoin: Kik CEOIn a blog post, Kik Ceo Ted Livingston explained how Facebook's coin may replace the US dollar as the global reserve currency. дальше »
2019-3-25 12:03 | |
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India’s Potential Crypto Regulatory Framework to Be Presented at the Supreme Court Shortly
India’s perspective on cryptocurrencies has been quite cold, especially on the central bank, the Reserve Bank of India’s (RBI) end. Bitcoin Exchange Guide (BEG) reported on multiple instances how they have been consistently shutting down the idea, to which native traders were getting frustrated. дальше »
2019-3-24 20:40 | |
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The Fed’s Low Interest Rates and QE Have Created a Dependent Generation
On March 20, the Federal Reserve’s Open Market Committee (FOMC) unanimously decided to keep federal interest rates unchanged. Critics believe that the central bank’s policy of near-zero interest rates and quantitative easing (QE) has corrupted the U. дальше »
2019-3-24 23:50 | |
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BitMEX CEO Arthur Hayes Predicts $10,000 BTC in 2019
In the most recent issue of the BitMEX newsletter, CEO Arthur Hayes predicts that the $10,000 Bitcoin will return this year. Hayes ties federal reserve inflation rates to the last bull run in Bitcoin, and thinks the Fed’s recent decision to halt interest rate hikes will predicate the next one. дальше »
2019-3-23 20:30 | |
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Australian crypto exchange Independent Reserve to list EOS
CryptoNinjas Independent Reserve, an Australian bitcoin and cryptocurrency exchange, announced today the launch of EOS, which will become the company’s 9th listed cryptocurrency. EOS is a blockchain technology that enables the development and hosting of decentralized applications (DApps). дальше »
2019-3-21 23:12 | |
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Tether’s New Terms of Service Spark Fractional Reserve Concerns
Popular stablecoin Tether has updated its Terms of Service (TOS) on February 26th, once again raising questions over its dollar peg. No One Does it Better Than Tether Tether has regularly come under suspicion over its claims that it’s 1-to-1 backed by the US Dollar and that it has been used to manipulate Bitcoin prices. дальше »
2019-3-16 22:00 | |
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Bitcoin (BTC) Set For $4,500 With Tether (USDT) Reserve Doubts
Bitcoin prices stable and bullish Suspicion around Tether reserves will likely benefit Bitcoin Participation levels low but could increase as demand picks up Tether is making headlines thanks to their latest update touching on their reserves. дальше »
2019-3-14 21:00 | |
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BTC Permabull Max Keiser Echos Sentiment in Bitcoin Becoming the World’s Next Reserve Currency
One of the main predictions made by Bitcoin evangelists is that BTC will become the next reserve currency of the world after the dollar falls. The idea is fairly well-known and now it was also backed by Max Keiser, a popular US broadcaster and crypto supporter. The idea is based in the belief that USD […] дальше »
2019-3-12 05:12 | |
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Questions Arise About India’s Understanding of Implementing Bitcoin Regulations Thoroughly
India is currently moving towards unclear and clueless Bitcoin (BTC) and cryptocurrency regulations. Although there are several ways to regulate digital currencies, India seems not to have a clear path about what they want to achieve. дальше »
2019-3-8 19:49 | |
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Warning: India is Heading Towards Clueless Bitcoin Regulation, Here’s Why
When the Reserve Bank of India (RBI) warned its citizens about the risks of trading and holding cryptocurrencies in December 2013, it was a reformist move. Cryptocurrencies, or should we say bitcoin, was a new phenomenon back then. дальше »
2019-3-7 13:35 | |
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Indian Official Tries to Condemn Bitcoin by Calling it a Shiny Toy But Ends Up Praising It Instead
An advocate practicing in the Supreme Court of India wants the government and regulators to treat bitcoin like a shiny new toy. Abraham C Mathews said in an opinion column published Monday that the Reserve Bank of India (RBI) had no structure in place to enforce crypto regulations – even if it wanted to. дальше »
2019-3-4 15:13 | |
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