The futures contracts premium and the long-to-short ratio show that top traders feel bullish about Bitcoin price. On Oct. 7 Cointelegraph reported that top crypto traders had kept a bearish stance since mid-September and at the time the Bitcoin (BTC) long-to-short ratio had reached its lowest level in 10 weeks. All of this changed in […]
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The blockchain payments company said it unknowingly owns patents that expired before these were transferred to them. Blockchain payments company Rocketfuel Blockchain is suing its co-founder for allegedly misrepresenting patent applications and defrauding the firm. In a complaint filed with the Central District Court of California, Rocketfuel claimed its co-founder and former treasurer Joseph Page […]
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Bitcoin and select altcoins have broken out of their bullish setups, hinting that further upside could occur through the weekend. Payments giant, Square, has become the second listed company after MicroStrategy to buy Bitcoin (BTC). Although Square’s purchase of 4,709 Bitcoin is much smaller than MicroStrategy’s haul of 38,250 Bitcoin, many investors feel that this […]
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They went so far as to refer to cryptocurrency as “an instrument of economic empowerment.” In a surprise move, Square announced the acquisition of 4,709 Bitcoin (BTC) worth roughly $50 million at time of publication. The company’s co-founder Jack Dorsey has been a long-term proponent of Bitcoin and crypto, while the company’s CashApp allows its […]
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The Antitrust Subcommittee looks for new legal tools to rein in Apple, Amazon, Facebook and Google — a clear opening for tech tools built to decentralize. On Tuesday, a House subcommittee put out a massive report that places Big Tech in the crosshairs of major antitrust reforms. The four firms at the center of the […]
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Bitcoin and altcoins could remain range-bound for a few days as traders search for triggers that will start the next trending move. Crypto prices may be in a rut but that doesn’t mean product development and acquisitions cease to occur. This week Japanese financial firm SBI Holdings acquired a 100% stake in TaoTao cryptocurrency exchange. […]
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SBI now has two licensed crypto trading platforms in Japan. Japan’s largest on-line financial conglomerate, SBI Holdings, now owns two licensed cryptocurrency trading platforms with its new acquisition of TaoTao exchange. According to an official announcement on Oct. 7, SBI’s foreign exchange and derivatives arm SBI Liquidity Market has acquired all shares of TaoTao, making […]
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A blockchain-centered company has gone public on the stock market. Following a $20 million capital raise and reverse merger, digital finance company Diginex’s stock has listed on the Nasdaq exchange under the ticker EQOS. Diginex is “the first Nasdaq-listed company that covers the full virtual currency ecosystem,” Diginex CEO Richard Byworth told Cointelegraph in an […]
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The website of the Binance exchange is still available without additional access tools, platform says crypto funds are safe. Authorities in Russia appear to be going after Binance — the world’s largest cryptocurrency exchange — as its domain is now in the list of prohibited websites in the country. On Sept. 24, Binance officially announced […]
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He was shocked that the comment had been uncovered at all. Back in 2013, Michael Saylor, CEO of business intelligence giant MicroStrategy, posted a tweet against Bitcoin (BTC), forecasting a grim future for the asset. Fast-forward to 2020, during which Saylor’s company now holds a major bullish position in BTC. #Bitcoin days are numbered. It seems […]
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