Markets could slide lower than the recent $9,912 bottom, traders are warned, despite current upwards momentum. Bitcoin (BTC) appeared ready to tackle $11,000 once again on July 16 after bouncing off lows as the United States government re enforced its position on the industry. Market visualization courtesy of Coin360 Data from Coin360 placed BTC/USD at […]
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Japanese exchange Bitpoint has published the breakdown of crypto assets stolen in the $27.8 million hack of its platform earlier this month. Japanese exchange Bitpoint has published the breakdown of crypto assets stolen in the ¥3 billion (~$27.8 million) hack of its platform earlier this month. A document published by Bitpoint’s parent firm Remix Point […]
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The Treasury Secretary’s repetition of Donald Trump’s comments Bitcoin is “based on thin air” failed to dent optimism. Bitcoin (BTC) proponents were reacting to fresh criticism of cryptocurrency from the United States government July 16, following a press conference with Treasury Secretary, Steven Mnuchin. Mnuchin, who held the 30-minute event on Monday, said he wished […]
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Former congressman Ron Paul reiterated his views on cryptocurrencies as being good competition for fiat money, as long as there is no fraud involved. Former Republican congressman and presidential candidate Ron Paul says he is in favor of cryptocurrencies and blockchain technology because he likes competing currencies. Ron Paul delivered his remarks in a “Squawk […]
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Singapore-based market maker Altonomy has raised $7 million in a funding round led by Polychain Capital to source liquidity for institutional customers. Cryptocurrency asset management firm Altonomy has raised $7 million in a seed round from digital assets investment company Polychain Capital, according to a press release on July 15. Singapore-based market maker Altonomy is […]
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A federal deputy and member of the former royal family of Brazil spoke out against proposed crypto regulation in the National Congress. Luiz Philippe de Orleans-Braganza, a descendant of the former royal family of Brazil, has spoken out against cryptocurrency regulation in the country, Cointelegraph Brazil reported on July 15. Orleans-Braganza, who is also a […]
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The cryptocurrency exchange Binance has successfully hardforked its mainnet to version v.0.6.0: Galileo. Major cryptocurrency exchange Binance has completed an upgrade to its mainnet. The latest iteration is called Galileo — v.0.6.0 — as announced by Binance on July 15. According to the announcement, there are four major changes implemented in Galileo: the matching engine […]
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Can Bitcoin again lead the next leg of the recovery? Let’s look at the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data […]
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U.K. Finance Minister Philip Hammond said that regulators, not lawmakers, should make decisions regarding Facebook’s Libra stablecoin. The United Kingdom Finance Minister Philip Hammond said that regulators and not lawmakers should decide on how to regulate Facebook’s stablecoin Libra, CNBC reported on July 15. In an interview with CNBC’s “Squawk Box,” Hammond said that lawmakers […]
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The United States Treasury Secretary echoed President Trumps’ recent tweets on crypto as a speculative asset largely used to fuel illegal activity. United States Treasury Secretary Steven Mnuchin shares President Donald Trump’s concerns on the use of cryptocurrency to finance illicit activity, and stresses the role of enforcing FinCEN regulations with respect to crypto-dealing organizations. […]
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