Data shows whales are not selling large amounts of Bitcoin at the current BTC price and institutions are accumulating BTC. As the price of Bitcoin (BTC) breaks past $11,100 on Sep. 19, whale activities and Bakkt’s all-time high volume suggests strengthening momentum. The 4-hour price chart of Bitcoin. Source: TradingView.com According to CryptoQuant’s Ki Young […]
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New developments at the state level in the U.S. defined this week’s regulatory news. By way of disclaimer, today’s Law Decoded is going to be especially America-centric. Writing to you from the ghastly swamp that is Washington, D.C., I generally try to keep these newsletters more globally minded, displeased as I am with how often […]
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Why the government should make a monetary transition to Bitcoin, and the problems that cryptocurrency would help solve, such as preemptive war and national debt. As an anarcho-capitalist, I hold that property rights are sacred and that violence is acceptable only when our natural rights, as embedded and enshrined in the Constitution and Bill of […]
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Bitcoin hodlers could not ask for more, says Tone Vays as the U.K. central bank looks for protection against Brexit and coronavirus fallout. Bitcoin (BTC) is getting its best “advertisement” once more as another major central bank floats the idea of charging people to save their money. As Bloomberg reported quoting minutes of a meeting […]
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Wirex’s new Mastercard-supported card will be linked to 19 crypto and fiat currency accounts in the Wirex app. Wirex — the first cryptocurrency platform to be granted a Mastercard principal membership — will release a new multi-currency card on the heels of the membership. Wirex is a London-based crypto payment processor and is regulated by […]
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The region’s traders are highly aware of scams and avoid them. Blockchain forensics firm Chainalysis has found that crypto traders in Africa are less likely to have sent tokens to, or received tokens from, known scam addresses than traders in other regions in the past year. In the Chainalysis “2020 Geography of Cryptocurrency Report”, the […]
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Covid-19 stimulus payments “could have been done in a few seconds, at no (distribution) cost. It would have been a no-brainer.” Programmable money (PM) is in the air. It may be the next stage in the evolution of money. And it could be as disruptive as any financial technology in development today. Yes, China is […]
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ePayments is preparing to relaunch but there will be no crypto or peer-to-peer payments. The ePayments online money transfer platform is restarting services following a seven month suspension – and notably absent this time around is support for cryptocurrencies. ePayments is a global money transfer service that boasts over 1 million accounts and has issued […]
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DeFi could fall under regulatory pressure if it is seen as a haven for money laundering. The rapid growth in decentralized finance and yield farming is likely to attract greater regulatory attention according to a recent report. A joint research paper by global management consulting firm BCG Platinion and Crypto.com has indicated that the rapid […]
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One aircraft comes at a cost of roughly 3,750 Bitcoin. A private aircraft sales company has started allowing customers to purchase any of their multi-million dollar jets using Bitcoin. According to a Sept. 13 report from news outlet Business Insider, U.S.-based Aviatrade is currently selling an upgraded 2014 Gulfstream G650ER for $40 million — roughly […]
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