Bitcoin Breaks Below Bear Channel as Analysts Eye Further Downside

Bitcoin has plummeted below its previous support levels during a swift and sharp sell-off earlier this morning that led the aggregated crypto market to drop to fresh multi-month lows. BTC has continued grinding lower throughout the day and it is unclear as to where it will find any meaningful support that halts its current downtrend. […]

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Telegram Aims to Delay TON Launch Deadline Ahead of SEC Meeting

Encrypted messaging service Telegram wants to postpone the launch date of its Telegram Open Network (TON) following issues with the United States Securities and Exchange Commission (SEC). According to an investor message seen by Cointelegraph on Oct. 16, Telegram told investors that it wants to push back the deadline to April 30, 2020. The launch […]

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Hong Kong Issues Rules for Crypto Asset Managers

This article was originally published by 8btc and written by Lylian Teng. Hong Kong’s Securities and Futures Commission (SFC) has recently released rules and regulations for fund managers dealing with crypto assets. The securities regulator published a 37-page document titled “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets” […]

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Ethereum May Incur Further Gains if Bulls Are Able to Bolster Daily Close

Ethereum has faced a bout of consolidation today as the aggregated crypto markets continue to attempt to determine which direction they will move next, and it is highly probable that in the near-term most major altcoins like ETH will closely track Bitcoin’s price action. Analysts are currently noting that Ethereum may soon incur significant upwards […]

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Ending US Dollar Dominance for Crypto Makes No Sense

Ex-United States Federal Reserve official Simon Potter stated that the plan to end the U.S. dollar’s dominance by replacing it with a digital currency makes no sense. Central banks unlikely to coordinate around virtual currency Last month, Governor of the Bank of England Mark Carney suggested ending the U.S. dollar’s dominance by replacing it with […]

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BTC.com’s Bitcoin Mining Pool Dominance Threatened by Poolin

This article was originally published by 8btc and written by Lylian Teng. On September 16, 2019, BTC.com, Bitmain’s mining pool, lost its years’-long first place position to another China-based mining pool, Poolin, whose real-time hashrate read 13,378.00 PH/s at one point. BTC.com, supported by the advantages of Bitmain’s bitcoin mining machines, has been the largest […]

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Wells Fargo Accused Over Hypocrisy Over Recent Crypto Flip-Flopping

Multinational financial services company Wells Fargo has been accused of hypocrisy over its seemingly confused stance on crypto assets. Whereas the firm has previously stated that it does not allow transactions involving cryptocurrency, it now appears that the financial giant is experimenting with its own digital currency. The third largest bank in the US announced […]

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Price Analysis 18/09: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, ADA

Altcoins are on fire. Can this rally continue and is this a good time to buy? Let’s analyze the charts. The Chicago Board Options Exchange has withdrawn its application for the VanEck/SolidX Bitcoin (BTC) exchange-traded fund (ETF). However, VanEck’s director of digital asset strategies Gabor Gurbacs stated that they will continue to work with regulators […]

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Discovering Bitcoin Part 3: Introducing Money

 This is the third installment of bitcoiner Giacomo Zucco’s series “Discovering Bitcoin: A Brief Overview From Cavemen to the Lightning Network.” Read the Introduction to his series, Discovering Bitcoin Part 1: About Time and Discovering Bitcoin Part 2: About People. In this installment of the “Discovering Bitcoin” series, we will build on the previously acquired […]

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Flat Bitcoin Eyes Fed Meet to Revive Its Bullish Bias

Bitcoin is under pressure to deliver as the Federal Reserve expects to deliver fresh rate cuts upon the conclusion of its two-day meeting this Wednesday. Bitcoin price flat as investors eyes the outcome of FOMC meet this Wednesday | Image credits: TradingView.com The benchmark cryptocurrency slipped by $14, or 0.14 percent, to $10,171.17 past London […]

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