Bitcoin News

Bakkt Says It’s ‘Cleared to Launch’ Bitcoin Futures Next Month

Bakkt has been “cleared to launch.” The Intercontinental Exchange’s young subsidiary announced Friday that it had acquired a New York state trust charter through the New York State Department of Financial Services (NYDFS).

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Bitcoin Won’t Be a Global Reserve Currency. But It’s Opening the Box

Celebrating the 75th anniversary of the Bretton Woods conference is probably not high on the list of priorities for cryptocurrency enthusiasts this month. This is an understandable oversight – the price swings, confusing product launches and whereabouts of Justin Sun are perhaps more compelling.

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Bitcoin-Rewards App Lolli Expands to 900 Retail Locations

Online shopping app Lolli is on a growth tear, expanding off the web and into 900 retail locations.

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Could Donald Trump Ban Bitcoin?

Bitcoin yet again graced global headlines last week, after the President of the United States, Donald Trump, took to Twitter to declare himself “not a fan” of cryptocurrencies, “whose value is highly volatile and based on thin air.”

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Africa's Interest in Bitcoin Remains High as 15 States Plan to Adop…

By 2020, a large group of West African countries plan to adopt a single fiat currency called the eco. After a meeting in Abuja held on June 29 between the 15 member-country regional bloc, the implementation of a new single currency, after debating the monetary unit for years, was agreed.

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Bitcoin Eyes Independence Day Price Gains for Fifth Year Running

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  • Bitcoin could rise above $12,000 with the daily chart reporting a bullish reversal.
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Bitcoin Charts Hint At Price Pullback to Below $10K

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  • Bitcoin could fall below $10,000 this week as a strong sign of buyer exhaustion have emerged on the weekly chart in the form of “gravestone doji” candle.
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Bitcoin Price Tops $10K for First Time Since 2018

Bitcoin’s price soared above $10,000 on cryptocurrency exchanges for the first time in 15 months. The price hopped the $10K barrier at 7:35pm Eastern Time.

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Bitcoin Surpasses 1 Million Daily Active Addresses

Bitcoin just passed an interesting milestone today, one we haven’t seen since November 27, 2017. According to CoinMetrics.io, there are now over a million daily active addresses, a number that is defined as the number of unique “from” or “to” addresses used per day.

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Stolen Bitfinex BTC Is on the Move

Stolen bitcoins have been spotted moving on the blockchain after three years of lying dormant.

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Who Is Wei Liu? Second Copyright Filing Appears for Bitcoin White P…

Craig Wright, the Australian entrepreneur who recently and controversially filed copyright registrationsfor the bitcoin white paper and original code, now has a legal rival.

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Israeli Court Rules Bitcoin Is an Asset

An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor of the tax authority, endorsing the central bank’s definition of currency.

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Can Bitcoin Win the Digital Payments ‘Gauge War’?

The promise and potential of bitcoin as a technology is frequently described in terms of a platform. On top of bitcoin’s permissionless blockchain, the argument goes, all kinds of things could be built to reduce the power and profit of trusted intermediaries.

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Bitcoin’s Market Share Hits 8-Month High as Price Passes $6K

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  • Bitcoin’s dominance rate has hit 8-month highs, suggesting investor confidence in the recent price rally.
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Bitcoin’s Price Climbs Above $5,500 to Reach 5-Month High

Bitcoin’s price extended its recent gains today, spiking above $5,500 for the first time in over five months.

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Bitcoin Clings on Above Key Support Amid Signs of Price Pullback

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  • Bitcoin suffered a rising wedge breakdown, or bearish reversal, on the hourly chart earlier today. The bearish view, however, has been neutralized by the quick bounce from the key support near $5,170.
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The Struggle to Buy Bitcoin in Crypto-Starved Botswana

The rise of Bitcoin has coincided with improvements in technology allowing anyone to trade online. Meanwhile, in landlocked Botswana, geographical constraints have done little to prevent BTC from being traded locally, even in the absence of an established locally-operated cryptocurrency exchange.

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3 Reasons Bitcoin’s Price Suddenly Surged Back to $5K

The crypto market sprang back to life with bitcoin’s surge to nearly 5-month highs yesterday. But why?

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Bitcoin Price Hits 5-Week High With Chart Echoing 2015 Pre-Rally Pa…

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  • Bitcoin jumped to a five-week high of $4,100 earlier today, reinforcing the bullish view put forward by the recent bounce from the crucial 30-day moving average support. That, coupled with the flag breakout on the 4-hour chart, indicates scope for a re-test of $4,190 (February high).
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Satoshi's Pre-Release Bitcoin Code Contains Fascinating Findings

Cryptocurrency supporters have been discussing an early version of the original Bitcoin source code that surfaced this week. An old forum post and mailing list letter written by Satoshi suggests there was a private version of the code distributed to a few people before the launch of the network on Jan. 3, 2009.

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Bitcoin Trading Volume Tops $11 Billion For First Time In Nearly a…

Daily trading volume for the world’s largest cryptocurrency bitcoin exceeded $11 billion Friday, the most observed in a 24-hour period since April 25 of last year.

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A Bitcoin Bull Market Is Still $350 Away

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  • Bitcoin has established a higher low near $3,300 in the last two months, signaling bearish exhaustion.
  • However, a break above the Christmas Day lower high of $4,236 is needed to confirm a bearish to bullish trend change.
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Startup Company Sets up Bitcoin ATM in Botswana

Express Minds Ltd has set up a bitcoin automated teller machine (BATM) in Gaborone, Botswana, increasing the number of the machines on the continent to 10. The fiat-to-crypto machine allows users to purchase bitcoin by scanning a QR code for their wallet address, feed money into the machine and get the crypto equivalent automatically assigned to their wallets.

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Drug Dealer Fights to Prevent Canadian Police From Forfeiting His BTC

A Canadian online drug dealer, snared by an undercover police agent on the dark web, is pleading to be allowed to keep half of the 288 bitcoins that police seized from him as proceeds of crime. With prosecutors seeking a court order to forfeit the crypto stash, worth CAD$1.4 million (US$1.1 million), the 30 year-old dealer argues that not all of his bitcoin was used for criminal purposes.

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BTC Transactions Hit 1-Year High But Volume Remains Sluggish

There’s good news and bad news for traders monitoring onchain data for signs of a market revival. The number of daily transactions has been rising for months, suggesting that BTC is being used for more than merely speculative purposes. Daily trade volume remains sluggish, however, suggesting another bull cycle is still some way off.

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Public Transportation Across Argentina Can Now Be Paid With BTC

The national contactless smart card that is used to pay for public transportation throughout Argentina can now be loaded with BTC. These cards are valid for rides on buses, trains, subways, and motorboats in 37 cities, including the capital city of Buenos Aires, according to the Argentine government’s website.

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Mystery Bitcoin Miners Are Altering Mining Pool Dominance

During the first month of 2019, studies have revealed the growing trend of unknown miners processing blocks on the Bitcoin Core (BTC) network. A few years ago, most mining pools began revealing their identity via the coinbase parameter when they found a block.

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How to Buy Bitcoin Anonymously

Buying bitcoin is not a revolutionary act. Nor should it be. And yet the way statists, apparatchiks and politicians bang on, you’d think the mere act of acquiring digital currency was akin to receiving the keys to a pandora’s box in which lurks every illicit artifact known to man.

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Report: Bitcoin Use on Darknet Markets Doubled in 2018

Bitcoin use on darknet markets (DNMs) doubled in 2018, a study has shown, rising to an average of $2 million per day. Bitcoin has long been used to buy goods on the darknet due to its relative anonymity, and looks set to remain a favorite on DNMs, despite the existence of more privacy-focused cryptocurrencies.

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What UK Bitcoin Investors Should Know as Tax Deadline Approaches

The deadline for submitting tax returns in the UK is Jan. 31, 2019. If you hold investments in bitcoin or any other cryptocurrency it is important to be aware you may owe corporation tax, income tax, or capital gains tax depending on your activities. The U.K.’s HM Revenue and Customs (HMRC) has shared its most recent guidelines.

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