No-deal Brexit could push more industry players abroad. Bitstamp, one of the world’s oldest and largest cryptocurrency exchanges, is reportedly relocating its operations in the United Kingdom to Luxembourg. Already operating in Luxembourg, Bitstamp is now allegedly migrating the accounts of its customers in the U.K. to Bitstamp Europe SA, a business entity based in […]
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A new full-page ad in HK-based tabloid-style newspaper Apple Daily tells readers to ditch banks today and switch to Bitcoin. Another ad for cryptocurrency has appeared in print media, this time without promoting a specific business or service. A full-page ad for Bitcoin (BTC) appeared on the front page of the Hong Kong-based tabloid-style newspaper […]
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According to an educational video from the International Monetary Fund, cryptocurrencies could be ‘the next step in the evolution of money.’ An old International Monetary Fund video explaining the benefits and disadvantages of cryptocurrency has resurfaced on social media, and many viewers are largely unimpressed. The two-minute video originally published in June 2018, which the […]
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Bitcoin whales are watching as BTC loses momentum near a key resistance level. Is another flash crash in the making? On Sunday Aug. 2 the price of Bitcoin (BTC) dropped by 12% in just 5 minutes. In the same period of time Ether (ETH) dropped by 21% and similar losses were observed with many other […]
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Bitcoin and Ethereum are likely to consolidate for a few days, leading select altcoins to possibly continue their uptrend. This week the S&P 500 made news by notching a new intraday all-time high and recovering 100% of the losses caused by the coronavirus pandemic in mid-March. Despite this, there are signs U.S. stock markets could […]
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It’s not your traditional malware scam. The modus operandi of crypto scammers differ in each case as it happens with the rest, but this time, a popular Youtuber who has 2.43 million subscribers explained on August 20 how his channel was seized by hackers to launch an XRP fake giveaway campaign. According to a video […]
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A Bitcoin whale, who accumulated 9,000 BTC in late 2018, has sold after 22 months and two capitulation phases. A Bitcoin (BTC) whale — an individual investor who holds a large amount of BTC — took profit after two years. Data from Whalemap suggests the whale purchased nearly 9,000 BTC in the third quarter of […]
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Bitcoin and gold price dropped as the U.S. Dollar Index rallied, leading analysts to speculate whether a strong dollar will slow BTC’s momentum. On Aug 21, Bitcoin (BTC) price declined by more than 3% from around $11,880 to $11,511 on Coinbase. Coincidentally, the U.S. Dollar Index (DXY) started to rebound from its 4-month downturn. BTC/USD […]
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The price of Bitcoin is at risk of falling below $10,000 if a crucial support level fails to hold. As the price of Bitcoin (BTC) couldn’t break through the resistance level of $12,000, a retracement did not come as a surprise. In recent days, BTC/USD pulled back to $11,400, a correction of almost 10%. Crypto […]
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What are CBDCs and the risks they possess, and how might they reshape our economies? Central bank digital currencies are a digital representation of a country’s fiat currency. They are effectively a government-issued cryptocurrency designed to replace the traditional, physical form of fiat currencies. The term CBDC is broad because its implementation involves several critical […]
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