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Tag Archives: Bitcoin

Blockchain Used to Settle Stocks in Bank of Canada Experiment

(Bloomberg) — Blockchain can be used to clear and settle stocks, an experiment involving the Bank of Canada has shown. Canada’s central bank, stock-exchange operator TMX Group Ltd. and the nation’s payments system used the distributed ledger technology, or DLT, to clear and settle securities on an integrated platform as …

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Crypto Prices Fall; China Watchdog Looks to Regulate Blockchain

Investing.com – Cryptocurrency prices were slightly lower on Monday as China moved to regulate blockchain companies. Bitcoin was down 1.48% to $6,537.60 on the Bitfinex exchange, as of 9:17 AM ET (13:17 GMT). Cryptocurrencies overall were steady with the total coin market capitalization at $210 billion at the time of …

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Bitcoin Bulls Must Push Price Past $6.8K to Win Control

Bitcoin (BTC) has flat-lined after creating a bullish pattern last week, and now only a move above $6,800 would put the bulls in a commanding position, according to technical charts. Stepping back, the leading cryptocurrency clocked a four-week high of $6,810 on Coinbase last Monday before ending the week (Sunday’s …

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FATF to Publish First Rules for Crypto Regulation Next Year

Investing.com – Bitcoin and other major cryptocurrency prices were little changed on Monday. Reports that the Financial Action Task Force (FATF) will publish its first rules for cryptocurrency regulation by June 2019 took center stage. Bitcoin inched up 0.1% to $6,602.6 by 1:40 AM ET (05:40GMT) on the Bitifinex exchange, Ethereum fell 0.4% to $208.5 and Litecoin was …

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Sorry, I Turned Off My Bitcoin Faucet (Because Money)

Ofir Beigel is the general manager of 99 Bitcoins, an informational site for newcomers to the space. In November 2015, I started operating 99Bitcoins’ faucet. Almost three years later, on Oct. 8, I shut it down. Throughout its history, the faucet paid out over 12.795 bitcoins to its users. Here’s …

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Bitcoin’s White Paper Gave Us Liberty – Let’s Not Give It Back

One of bitcoin’s earliest entrepreneurs, Charlie Shrem is the former founder of BitInstant and co-founder of cryptocurrency intelligence service CryptoIQ. This exclusive opinion piece is part of CoinDesk’s “Bitcoin at 10: The Satoshi White Paper” opinion series. Ten years after Satoshi published the white paper that gave us bitcoin – …

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Bank that Called BTC ‘Laundering Scheme’ Accused of Money Laundering

Nordic banking giant Nordea Bank is the second bank this month embroiled in a multi-million money laundering scandal. Nordea, which previously criticized Bitcoin for being ‘high risk’ due to ‘money laundering’, is alleged to have accepted 150 million euro in criminally sourced funds from Lithuanian and Estonian banks. Most of …

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A Tether Copycat Appears in Romania

While most of the world endeavors to use Tether (USDT) as the stablecoin du jour, a company in Romania decided to present a different approach for people inside the country. As it is often difficult to acquire USDT in that part of the world, the idea of RONcoin (RONC) popped …

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Bitcoin (BTC) Ponzi Scheme to Pay $2.5M in Penalties, Orders US Court

A US judge from a federal court in New York has ordered Nicholas Gelfman and his cryptocurrency hedge fund Gelfman Blueprint Inc. (GBI) to pay $2.5 million in civil penalties and restitution, Commodity Futures Trading Commission (CFTC) said on Thursday. Justice P. Kevin Castel accepted CFTC charges of fraud, misappropriation …

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Seller of NY $16M Mansion Ready to Accept Bitcoin

Roy Niederhoffer, founder and president of New York-based hedge fund R.G. Niederhoffer Capital Management, is ready to accept Bitcoin for a $15.9 million mansion, Bloomberg reports. He bought the house in 2013 as a temporary solution until he finished a long-term building project to renovate a property in Manhattan. In …

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Bitcoin’s Price Breaks Through Key Support As Stocks Go South

Bitcoin (BTC) has dropped out of the tight trading range seen recently, paralleling losses in the U.S. stock markets. The leading cryptocurrency, which was trapped in a triangle pattern (narrowing range) above $6,400 yesterday, had looked set for a breakout. However, the bullish technical setup failed and BTC found acceptance …

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Cryptos Tumble as Chipmaker Forecasts Weaker Demand for Mining Equipment

Investing.com – Cryptocurrencies were lower on Friday chip-making giant Taiwan Semiconductor Manufacturing Company (TSMC) forecast weak demand for processors for mining in the fourth quarter Bitcoin was down 1.67% to $6,558.40 on the Bitfinex exchange, as of 7:41 AM ET (11:41 GMT). Cryptocurrencies overall were lower, with the total coin …

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Bitcoins Worth $4.2M Going on Sale in US Government Auction

The US federal government will hold next month a blind sealed first-price online auction for 660 Bitcoins, whose total value comes at around $4.2 million as per the Bitcoin (BTC) price on Friday morning UTC. The US Marshals Services (USMS), a law enforcement agency within the justice department, will offer …

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Worst Crypto Assets of 2018 Plunge over 98% from Peak Prices

Many altcoins fell sharply from their peaks, losing more than 98% of their value at one point. Altcoins slid more sharply compared to Bitcoin, yet among altcoins, there were several especially notable disaster scenarios. As the fourth quarter of 2018 rolls in, hopes of a year-end rally are fading. Besides …

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