Is the Fed’s use of QE a growth catalyst for Bitcoin? Max Keiser tells Cointelegraph: “Bitcoin was introduced to battle zombie banks and QE.” In 2018, the executive on the board for the European Central Bank (ECB) declared Bitcoin, “the evil spawn of the financial crisis” — referring, of course, to the economic disaster 10 […]
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Bitcoin dips below $7,900 after the coin touched four-month lows on Sept. 24. Thursday, Sept. 26 — Bitcoin (BTC) has dipped below $7,800 after the coin touched its four-month lows on Sept. 24. Market visualization. Source: Coin360 Bitcoin entered rough volatility this week after the largest cryptocurrency crashed $1,500 in 24 hours on Tuesday to […]
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The United States Internal Revenue Service (IRS) commissions blockchain analysis services and can investigate crypto reports. Just a few months ago in July 2019, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto holdings. The letters detailed that recipients may not have reported their transactions properly, or […]
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Telegram’s new contest includes three parts with a prize fund ranging from $200,000 to $400,000. Global messaging app Telegram announced a coding competition for building smart contracts for the Telegram Open Network (TON) Blockchain. 5 types of smart contracts The contest includes three parts with a prize fund for all included tasks ranging from $200,000 […]
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Using blockchain technology has helped consumer goods giant Unilever save money in ad reconciliation, said the firm’s executive vice-president for global media. According to a report published on Sept. 26, executive vice-president for global media at Unilever Luis Di Como told advertisement news outlet Campaign that using blockchain has helped the company save money. The […]
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Director at Swiss crypto bank Sygnum and former CEO of the largest Swiss bank UBS sees an opportunity to tap the $220 billion cryptocurrency market. Peter Wuffli, the former CEO of Switzerland’s largest bank UBS and director at Swiss crypto bank Sygnum, wants to tap the “$220 billion market of institutions and private individuals who […]
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Having trumped up the risks of unregulated cryptocurrencies earlier this year, Dutch bank ABN AMRO finds itself in the midst of a major alleged money laundering scandal. Having trumped up the risks of unregulated cryptocurrencies earlier this year, Dutch bank ABN Amro NV finds itself in the midst of a major money-laundering scandal. On Sept. […]
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The CEO and founder of Canadian social media and messaging app Kik has vowed to fight U.S. regulators over the future of the native Kin cryptocurrency “no matter how hard it is.” The CEO and founder of Canadian social media and messaging app Kik has vowed to fight U.S. regulators over the future of the […]
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Bitcoin price stabilizes after heavy losses, but opinion is split about how healthy the market really is. Bitcoin (BTC) lingered around $8,400 on Sept. 26 as relative stability returned to markets after their tumultuous fall earlier in the week. Cryptocurrency market daily overview. Source: Coin360 Bitcoin price ponders resistance at $8.5K Data from Coin360 showed […]
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Wyoming Blockchain Coalition president Caitlin Long argues that the recent unrest in the money markets shows that Bitcoin is systemically more stable than traditional finance. Wyoming Blockchain Coalition president Caitlin Long has responded to the recent unrest in the money markets by analyzing the systemic fragility of the traditional financial sector as compared with Bitcoin […]
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