Tag: bitcoin news
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The Shanghai High Court has declared Bitcoin to be a virtual asset with economic value that is protected by Chinese law.
Bitcoin has been declared a virtual asset protected by Chinese law by the Shanghai High People’s Court. The cryptocurrency has economic value, according to the court. The Shanghai High People’s Court has declared that bitcoin qualifies as a virtual asset protected by Chinese law despite the ban on cryptocurrency trading in China, Sina reported Friday.…
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New data suggests leverage shakeout – Can Bitcoin hold $60K?
Though the skyrocketed price of Bitcoin for sometime crossed $60,000 but on Nov 16th Bitcoin (BTC) is sliding down, bullish analysts say no problem but 8% loss is very painful for long holder. Bitcoin finally closes large CME gap Data from Cointelegraph Markets Pro and TradingView showed BTC/USD coming down 8% from Monday’s local highs above $66,000. Bouncing at…
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Top 5 Best Crypto Wallets in 2019
Cryptocurrency has taken the world by storm, offering a currency alternative to the government-backed currencies we all know from daily use. Proponents argue that the digital currencies are easier, safer and offer better privacy than traditional currencies. Because the value of a Bitcoin compared to the U.S. dollar and other currencies has skyrocketed over the…
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XcelTrip accepts Bitcoin, Ethereum, Litecoin, Dash, Verge, XcelToken Plus For Hotels & Flights Booking Worldwide
XcelTrip, one of the very first and fully functional crypto enabled online travel platform often referred to as the “Travel Industry Disruptor Using Cryptocurrency”, accepts Bitcoin, Ethereum, Litecoin, Verge, Dash, Binance and it’s own native Utility Token XLAB (XcelToken Plus) on its travel booking service. XcelTrip has built its own extranet engine and listing properties…
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LIQUIDITY LOSS CAUSES SUDDEN SHUT DOWN OF POLISH CRYPTO EXCHANGE -BITMARKET
“Dear Users, We regret to inform you that due to the loss of liquidity, since 08/07/2019, Bitmarket.pl/net was forced to cease its operations. We will inform you about further steps.” This message, written in English and Polish, was what users of Poland’s second-largest crypto exchange (Bitmarket) received when they visited the site on the 8th day…
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CRYPTOCURRENCY AT ITS BEST AS BITCOINS PRICE HIKES UP BY £400 WITHIN 10 MINUTES
Bit coin price has moved up by an extra £400 within 10 minutes, which is its highest record in the year 2019. This is as a result of the rate at which Bit coin, which is arguably the world’s most traded crytocurrency, has been quite profitable in the preceding months. One reason why this currency…
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A Minute’s Silence For Altcoins as Bitcoin Highs Slice Value Across Markets
Bitcoin’s rise over $7,200 Thursday has piled pressure on already sidelined altcoin markets, leading many into freefall. An analysis of Coinmarketcap’s top 20 altcoin listings shows a depressing picture as Bitcoin’s surge leaves many struggling to stay above multi-month lows. Notable standouts are the Bitcoin Cash fork and controversial newcomer BitConnect, opportunistically riding enthusiasm surrounding the Bitcoin Core…
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Law Firms Are Opening Bitcoin Wallets to Prepare for Data Breaches
Rather than waiting until it’s too late, law firms are opening up bitcoin wallets to pay ransoms in case their data is stolen, according to a cybersecurity expert. John Sweeney, president of IT and cybersecurity advisors LogicForce, said that law firms are taking proactive steps rather than reactive steps. However, while he doesn’t necessarily agree…
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Lebanon’s Central Bank Governor Disses Bitcoin at Digital Currency Launch
The bank that prints the money used today in Lebanon plans to launch its own digital currency. Announced Thursday by Riad Salameh, the governor of the Banque du Liban, Lebanon’s central bank, it’s not yet clear if the project will be based on blockchain technology, though the idea appears to have been addressed in conversation. According to local…
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Singapore Will Not Regulate Cryptocurrencies, Singapore Official Says
Recently during an interview with Bloomberg, an official of Monetary Authority of Singapore (MAS), which serves as the central bank and financial regulator of Singapore, said that MAS has no plans of regulating cryptocurrencies. The central bank will keep “an open mind,” though the official also stated the necessity of establishing anti-money laundering control in the…