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Bitcoin (BTC)
+1.24
$17087.47
H 17428.11
L 16488.25
+3.09% 1d
-8.54% 7d
-8.54% 7d
Bitcoin in ‘Danger Zone’ as Whales Are Active on Exchanges & 78k BTC Options Expire Today.
After falling to nearly $16,300, Bitcoin managed to stabilize yesterday, going above the $17,500 level. But as we reported, the pain is not over for the cryptocurrency market. Today, the market is back to struggling, and it’s to be seen if we finally get the 30% retracement to under $14,000. origin »
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Russia Proposes Tax Code Changes; Digital Financial Assets to be Classified as Property.
The prime minister of Russia, Mikhail Mishustin, has said that the government is considering categorizing digital financial assets (DFA) as a form of property. Mikhail, who was speaking at a recent Russian government session, noted that the authorities intend to forge a path for a civilized local crypto market. origin »
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Canada-Listed Investment Firm Sells All Its Ether, Monero to Buy More Bitcoin.
Cypherpunk Holdings says it financed additional bitcoin purchases with the "full liquidation" of positions in monero and ether. origin »
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Facebook’s Libra To Go Live As Early As January 2021 As A Dollar-Backed Stablecoin.
Despite Facebook’s various obstacles, the social media giant is set to finally launch its digital currency. According to reports, the much-anticipated Libra currency might launch as soon as January 2021, but in a more reduced capacity than the original ambitious model. origin »
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Bitcoin’s Recent Rally Pushes Spot and Futures Trading Activity to ATH on Binance.
Bitcoin broke out above $19,000 on 24th November sending the market into a euphoric state with many investors expecting the top cryptocurrency to breach and surpass 2017’s ATH of a little below $20,000. origin »
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Huobi-Branded Crypto Exchange Launches for Malaysian Market.
Huobi Labuan said it's been licensed in Malaysia for a nine-month trial period of cryptocurrency spot and derivatives trading services. origin »
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Quick Bitcoin Price Recovery Looks in Doubt as Whales Move Coins Onto Exchanges.
"Whales are transferring bitcoin to exchanges. The cryptocurrency may trade in a sideways-to-negative manner," said one analyst. origin »
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Chinese Authorities Have Seized a Massive $4B in Crypto From PlusToken Scam.
Cryptocurrencies worth billions of dollars have been seized during the police crackdown on the PlusToken Ponzi scheme in China. origin »
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Crypto Exchange Upbit Brings In Withdrawal Delay in Bid to Tackle Fraudsters.
The South Korea-based exchange has announced a 24-hour cryptocurrency withdrawal delay in an effort to protect user accounts from malicious attacks. origin »
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OKEx CEO admits to exchange failure in withdrawal debacle.
Soon after his exchange recommenced withdrawals after a six week lock up, OKEx CEO Jay Hao revealed during a Telegram ‘Ask Me Anything’ Q&A that the exchange had no contingency plan that dealt with the arrest of a private keyholder. origin »
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Report: Satoshi Nakamoto lived in London while developing BTC.
Satoshi Nakamoto was allegedly living in London while working on bitcoin (BTC). Doncho Karaivanov, an author at Chain Bulletin, a blockchain media outlet, published this finding in a November 23 report after researching Satoshi’s whereabouts while he was working on BTC. origin »
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VanEck finally launches a Bitcoin-backed ETP.
Investment management fund, VanEck, finally succeeded in launching a Bitcoin-backed Exchange Traded Product (ETP). However, instead of an ETF (Exchange Traded Fund), it launched an ETN (Exchange Traded Note), and it did not manage to get it listed on a US exchange. origin »
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China’s national blockchain project adds Polkadot support.
The Blockchain Service Network integrates three more major blockchains.
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Libra Association appoints former OCC prosecutor as general counsel.
The Libra Association, the body that manages Facebook’s Libra stablecoin project has hired Saumya Bhavsar, an ex-OCC prosecutor and central bank expert. The organization unveiled this news via an official announcement on November 25, noting that Bhavsar will take on the role of general counsel of Libra Networks, a subsidiary of the Libra Association, which operates the blockchain-based Libra payment system. origin »
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3 Reasons Bitcoin Crashed by $3,000 – And Why It’s Still Bullish.
Here's three main factors behind Thursday's bitcoin price crash. origin »
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Coinbase Goes Down Again as Bitcoin Price Action, Volatility Heat Up Again.
Coinbase is experiencing another outage of its website and mobile apps. origin »
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Coinbase Preemptively Rebuts Unpublished New York Times Expose.
The letter pushes back at an unpublished article Coinbase says will allege Black employees had "negative experiences" while with the firm. origin »
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Russian prime minister proposes legal steps to bring order to crypto market.
Russia’s prime minister proposed recognizing crypto as property under the nation’s tax code.
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Bitcoin must now reclaim these price levels to resume its rally to $20K.
The price of Bitcoin must now reclaim the $18,000 level for a chance to resume November’s bullish trend.
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Russian Prime Minister Pledges to ‘Civilize’ Crypto Market and Prevent Scams.
Changes to the law will bring Russia's crypto users more protections against fraud, said Mikhail Mishustin. origin »
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Yearn Finance announces another ‘merger’ with the Cream lending protocol.
Yearn users will be able to use their strategy pool tokens as collateral for lending.
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Coinbase warns users of connectivity issues due to Amazon AWS outage.
The U.S.-based exchange has told users that they may experience some intermittent delays or errors while transacting.
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Cryptocurrency Derivative Liquidations Top $1.9B Amid Thanksgiving Day Slump.
Optimistic long bets on crypto derivatives have once again come at a considerable cost to traders following a $1. 93 billion wipeout over the past 24 hours. The total crypto market cap is down over $70 billion amid a massive slump in prices of nearly all virtual assets with Bitcoin (BTC) retreating below the $17,000 mark. origin »
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Bitcoin Wave Count Suggests a Top has Been Reached.
It is possible that this is the beginning of a corrective movement that could take the Bitcoin price towards the support areas outlined below. In this article, the length of the waves will be referred to as: Cycle Wave – Blue Wave – White Sub-wave – Orange Minor sub-wave – Red For the previous Bitcoin … Continued The post Bitcoin Wave Count Suggests a Top has Been Reached appeared first on BeInCrypto. origin »
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How massive liquidations caused Bitcoin to plummet 16% in 24 hours.
Bitcoin fell to as low as $16,334 across major exchanges as cascading liquidations caused massive volatility.
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OKEx Sees Biggest Bitcoin Outflow in 6 Months Soon After Resuming Withdrawals.
About 2,822 BTC was moved from OKEx within 15 minutes of withdrawals restarting. origin »
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How Charities Adapted to the Crisis and Made Donations ‘Smarter’.
Major fundraisers across the United States had to be cancelled, causing them to lose massive amounts of tickets and revenue that would have been generated by the events. Organizations backed by government contracts feared the repercussions of the epic loss once the fiscal year ended. origin »
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Coinbase Refutes Upcoming NYT Racial Discrimination Story.
U. S. crypto exchange giant Coinbase may once again be in the news for a social engineering-related issue related to claims of racial discrimination in the workplace. Never far from controversy, the company may once again be at the center of a politically-charged issue. origin »
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Bitcoin price continues falling, losing $17K in biggest crash since March.
Fresh lows of $16,300 mean that BTC/USD has lost over $3,000 in 24 hours after hitting highs of $19,480.
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Experts say institutions drove Bitcoin’s rise to $19K and alt season is coming.
Market analysts are attributing Bitcoin’s sudden surge above $19,000 to aggressive demand from financial institutions and leading companies in the United States. origin »
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Bitcoin fees remain low despite price surge, but Vitalik says they could soar.
Bitcoin transaction fees are less than 10% of their 2017 highs, but Vitalik Buterin believes it’s only a matter of time before they soar back up. origin »
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Bitcoin Price Drops Almost $3,000 With Sharpest Sell-Off Since March.
Bitcoin fell more than 12%, its sharpest decline in months. origin »
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Upcoming story about Coinbase.
Learn about working at Coinbase: https://www.coinbase.com/careers - Medium origin »
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Japanese financial giant SBI launches cryptocurrency lending service.
Japanese leading financial company SBI Holdings began providing cryptocurrency lending services. Customers will be able to deposit bitcoins and receive interest.
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Chainalysis: Institutions Provoked Current Growth Of Bitcoin.
Bitcoin price is approaching $19,000, but the current rally differs from the situation in the cryptocurrency market in 2017. The current rise in the bitcoin rate is associated with the actions of institutional investors. origin »
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Rumors: Huobi Discusses Buying South Korean Largest Crypto Exchange Bithumb.
Huobi hopes to enter the South Korean and Japanese cryptocurrency markets through the purchase of major crypto exchanges.
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