A former senior official of the People’s Bank of China said that the country has completed the backend architecture development of its digital currency. The former vice-chair of the People’s Bank of China’s National Council for Social Security Fund, Wang Zhongmin, announced that China has completed the backend architecture development of China’s central bank digital […]
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Stock markets settling provides the background to a calmer status quo for Bitcoin, but upcoming events could soon change the mood. Bitcoin (BTC) begins a new week trading in a familiar corridor below $10,000 — will it stay there or is volatility actually incoming? Cointelegraph Markets’ weekly newsletter gives you five factors influencing Bitcoin’s price […]
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The New Zealand police have recovered $90 million in assets reportedly belonging to the alleged $4 billion launderer Alexander Vinnik. New Zealand police have recovered $90 million connected to the case against suspected Bitcoin money launderer Alexander Vinnik. According to Jared Savage at the New Zealand Herald, the police Asset Recovery Unit have frozen roughly […]
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Nassim Taleb, university professor and author of Black Swan, thinks Bitcoin is a good idea but most investors can’t understand its nuances. Nassim Taleb, author of “Skin in the Game”, got into a small Twitter feud in which he explained that most investors can’t understand the nuances of a cryptocurrency like Bitcoin. According to a […]
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John McAfee’s controversial Ghost distributed exchange, which promises anonymity, is now live. John McAfee’s controversial Ghost distributed exchange is now live, the cryptocurrency advocate announced on Twitter over the weekend. The Ghost distributed exchange is related to McAfee’s privacy project Ghost, a Proof of Stake privacy coin intended for more anonymous transactions. McAfee clarified on […]
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Investor Jim Rogers thinks Bitcoin is still in a bubble and the cryptocurrency will eventually go to zero and disappear. The investment guru who said Bitcoin was in a bubble as early as 2017 recently speculated that all cryptocurrencies will be gone eventually. In an interview with the Asahi publication AERA dot on June 19, […]
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Morgan Creek’s Anthony Pompliano presses pension funds to allocate 1-5% of their portfolios to Bitcoin. As pension funds struggle with their funding, Morgan Creek Digital co-founder Anthony Pompliano continues to press them into adding more Bitcoin into their portfolios. In a letter to investors, Pompliano said pension funds like the California Public Employees’ Retirement System […]
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According to Thailand-based company SYNQA, the firm will use the $80M investment to ‘deepen its footprint’ in cashless societies in Asia. SYNQA, the parent company of OmiseGo formerly known as Omise Holdings, raised $80 million in a fundraising round for new cashless payment ventures. In a June 22 announcement, Thailand-based fintech company SYNQA stated it […]
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Alex Mashinksy says that new equity investors, including Tether, will have no say in Celsius’ mission of sharing 80% of profit with its users. Tether (USDT) makes a $10 million equity investment in the crypto lending platform Celsius Network (CEL) at a $120 million pre-money valuation, bringing the post-money valuation to $150 million. The company […]
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Some Bitcoin derivatives exchanges profit massively from position liquidations but traders can avoid this by actively managing stop-losses. Most traders fail to understand how Bitcoin (BTC) derivatives exchanges handle their risk. There is a consensus that the winners get paid by the losing parties, but it is not as simple as it seems. Insurance funds […]
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