Other popular cryptocurrencies, including ethereum (ETH, +6.02%), litecoin (LTC, +7.3%) and XRP (+7.04%) are still down 58% to 88% from their respective lifetime highs reached three years ago. Bitcoin has double its price in the past three months. Unlike its previous rally in 2017, when the demand came from the retail market, this time it’s…
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Boerse Stuttgart announced today that Alexander Höptner, Chairman of the management board of Boerse Stuttgart GmbH and EUWAX AG, is leaving the Group at the end of the year at his own request to pursue new professional challenges. The Boerse Stuttgart group has not yet made a decision about his succession in the two companies. Alexander…
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The defendants also mislead customers that their earnings would increase based on the amount of their deposits. The clients were also falsely promised a bonus for referring others, in the form of a multi-level marketing scheme. The defendants caused misleading trading statements to be posted online to conceal their fraud. The CFTC stated that the…
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UK stocks flat as stronger pound balances out sentiment boost from EU aid deal The FTSE 100 was flat on Tuesday, after EU leaders agreed a 1.8 trillion euro aid and budget deal to help support member states, following days of negotiating. A jump in the value of the pound versus the US dollar tempered…
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CEO Jack Dorsey tweeted on Wednesday: Tough day for us at Twitter. We all feel terrible this happened. We're diagnosing and will share everything we can when we have a more complete understanding of exactly what happened. Twitter took steps to verify accounts and blocked users from tweeting bitcoin wallet addresses temporarily. CryptoForHealth.com website was…
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Tezos was designed as a “self-amending cryptographic ledger”, it does not rely on mining (Proof-of-Work), but instead utilizes a Proof-of-Stake based consensus model. Recently it has emerged as a favorite for tokenized real-estate and security tokens. Since the recent Bitcoin halving, mining for BTC has become more difficult. Many have suggested that bitcoin minors may…
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The Bitcoin third block halving event took place this Monday. Every four years the amount a bitcoin minor receives is cut in half as a deflationary measure. The Bitcoin reward has gone down to 6.25 BTC from 12.5BTC. The algorithm behind the halving is designed to limit the total number of Bitcoins issued to 21 million…
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From a fundamental perspective, Federal Reserve chairman Jerome Powell has stated publicly that he is willing to keep the printing presses running, doing whatever it takes to prevent prescribed “lockdowns” from destroying the economy, historically a good sign for Bitcoin. It has been a good sign for stocks too, as the S&P 500 has rallied…
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What about the new week to come? With squeeze victims licking their wounds, no one is suggesting a major downward movement over the next few days. If there is a consensus, it is that Bitcoin will continue to grind slowly upwards, but it will encounter formidable resistance below the $8,100 level. Insiders claim there is…
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Crypto enthusiasts generally object to these findings, preferring to discuss Bitcoin’s “store of value” concept as an evolving characteristic. Cryptoglobe noted that Charles Hayter, Co-Founder and CEO of CryptoCompare, a leading crypto market data provider, had said: “Its risk-off across the markets -- Bitcoin is still novel, and is great as a means of transferring…
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