Crypto News Roundup for July 10
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Today, bitcoin price has been struggling to stay above a $9,150 range sparking fear among analysts who fear there could be a more significant decline if BTC fails to maintain its market prices above $9,000. 



Bitcoin has not been the only crypto adapting to a downward correction today....

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By: Wayne Jones

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#BitcoinPrice #CryptoFraud #CryptoNewsRoundup #DowJones #Venezuela

Street Artist Earns $500 in Bitcoin Donations in Five Days for his ‘Fiat and Money Printing' Street Mural
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An artist in Paris is receiving hundreds of dollars in bitcoin donations every day. His street piece speaks volumes depicting the response of most governments during the current economic situation. 



A Reddit post shows Pascal Boyart’s latest mural dubbed “Confessions of a Red Jes...

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By: Tom Nyarunda

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#Altcoins #Bitcoin #BitcoinNews

Cryptocurrency Holdings Surge in Japanese Exchanges during Covid-19 Pandemic


Bitcoin has long been a marquee name, if you will, for the cryptocurrency space. However, against the larger backdrop of the Covid-19 pandemic, Japanese holdings of cryptocurrencies have surged to an all-time high. 



According to a report by The Japan Virtual and Crypto Assets...

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By: Tom Nyarunda

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#CryptoNews #Cryptocurrency #CryptocurrencyExchange
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Weiss Analyst: Bitcoin Investors Should Maximize the Moment and Hold on Tight


Bitcoin did not demonstrate the anticipated surge in value after the long-awaited halving event. However, a trusted analyst is confident that the prospects for the king of cryptocurrency are still bright. 



According to trusted crypto analysts Weiss Crypto Ratings, Bitcoin will rise to new...

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By: Tom Nyarunda

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#Bitcoin #BitcoinPrice #Cryptocurrency
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Zimbabwe’s Attempt to Arm Twist Currency a Boost to Bitcoin


Zimbabwe’s central bank has ordered all banks and mobile money transmission providers to connect to the National Payment Switch. The desperate and controversial decision could inadvertently boost cryptocurrencies in the country.    



The Reserve Bank of Zimbabwe (RBZ) issued a...

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By: Tom Nyarunda

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#Altcoins #Bitcoin #Cryptocurrency
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Over 13,000 Wallets Confirmed to Hold over $1 Million in Bitcoin
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The number of bitcoin wallets holding at least $1 million in BTC is on the rise. This means the number of Bitcoin whales is increasing gradually. 



Data from cryptocurrency analyst firm Glassnode shows that there are over 13,000 Bitcoin wallets that are worth over $1,000,000. The...

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By: Tom Nyarunda

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#Bitcoin #BitcoinNews #CryptoWallet

Popular Malaysian Actor Convicted for Stealing $50,000 in Cryptocurrency
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A Malaysian court has fined a local actor $4,000 or 26 months in jail for stealing $50,000 worth of Cryptocurrency. The digital assets belonged to his producer. 



As per a local media report, actor Mas Khan was charged on two counts. He is accused of gaining access to his producer...

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By: Tom Nyarunda

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#Bitcoin #CryptocurrencyNews #Cryptocurreny #Ethereum

Weekend Crypto News Roundup
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Bitcoin has further registered volatility in its prices this weekend, ranging from around $8,850 and $9,200 averagely. Since 2017, it has seen an over 50% drop in prices, which threatens its dominance in the crypto market. However, analysts are optimistic about the prices of Bitcoin surging in...

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By: Wayne Jones

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#BTC #Alibaba #BitcoinNews #Coinbase #DeFi

Crypto Movers of the Week - Top Losers and Gainers
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The past week has seen relatively mixed signals in the crypto market. Bitcoin is still trading below $9300 and has hardly moved by a significant margin in the last six weeks thanks to market uncertainty.







In the past week, BTC recorded a 1.12% increase in price with a weekly high of $9,...

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By: Wayne Jones

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#AMPL #ARPA #ERD #CryptoMarketPriceAnalysis

Singapore's Central Bank's Blockchain Payment Network Ready for Commercial Rollout
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Singapore's Central Bank is ready to integrate its blockchain-based payment protocol with commercial applications. The move aimed to develop a network that will facilitate faster and cheaper international settlements.



The Monetary Authority of Singapore (MAS) partnered with Temasek and JP...

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By: Tom Nyarunda

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Top Five Desktop Wallets
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If you are new to the issues surrounding cryptocurrencies and blockchain technology, the first thing you need to know about is the cryptocurrency wallets' role. In this guide, we explain everything that you need to know. By the end of it, you will have known what a desktop wallet is, how they...

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By: Tom Nyarunda

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#Altcoins #Bitcoin #CryptoWallet #Cryptocurrency

'Rich Dad Poor Dad' Author Kiyosaki: Buy Bitcoin as Gold Guys are Being Phased Out
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Best-selling author Robert Kiyosaki has said he still invests in gold, silver, and Bitcoin because he doesn't trust the US government. Kiyosaki predicted that investments in real estate and gold might not be the future of finance as the cryptocurrency comes into focus.



The New York...

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By: Tom Nyarunda

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#Altcoin #Bitcoin #BitcoinAdoption #BitcoinNews

Experts: High Demand for Crypto Lawyers a Sign the Industry is Going Mainstream
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Institutions and crypto investors seek an alternative to fiat due to the ongoing economic downturn. Crypto companies are hunting for legal talent. Players are looking to the legal profession for advice they need to stay on the right side of the law. 



There's growing...

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By: Tom Nyarunda

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#Crypto #Cryptocurrency #CryptocurrencyNews #CryptoLawyers

Binance Readies Swipe-Powered Crypto Debit Card for Europe Launch
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Binance cryptocurrency exchange has announced the official launch of its much-anticipated cryptocurrency debit card. The Card will enable users to pay over 60 million merchants using crypto across 200 regions. 



According to a press statement shared with leading crypto...

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By: Tom Nyarunda

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#Binance #Crypto #CryptoNews #Cryptocurrency

PayPal Confirms its Crypto Development Plans in Letter to EU
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Giant online global payments processor PayPal has confirmed it has plans of developing cryptocurrency-related capabilities. The firm has called for a crypto regulatory framework to protect its developers and users. 



The revelation is in a letter to the European Commission, where...

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By: Tom Nyarunda

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#Cryptocurrency #CryptocurrencyNews #PayPal

Welcome to El Zonte, a Village in El Salvador that Uses BTC as Money
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A Village in El Salvador has become the first bustling geographical area with an almost universal bitcoin adoption. The beach town's residents use the king of crypto as a form of payment.



According to a Forbes report, most of the residents of El Zonte have adopted Bitcoin for every...

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By: Tom Nyarunda

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#Bitcoin #BitcoinNews #Cryptocurrency

U.K. Fintech Revolut Bank's App Brings BTC, ETH Trading to 49 U.S. States
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Leading British Fintech firm Revolut is spreading its crypto trading services to the United States. Revolut's customers in 49 U.S. States can now buy, sell and hold Bitcoin and Ethereum using the digital bank's cryptocurrency platform. The state of Tennessee is the only exclusion.



The...

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By: Tom Nyarunda

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#Bitcoin #BitcoinNews #Ethereum #EthereumETH

The Best Decentralized Finance (DeFi) Lending Platforms in 2020
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DeFis (decentralized finances) are a significant force pushing cryptocurrency into the world. Today, you can access almost every service offered by traditional financial institutions through a DeFi platform. You can now lend, borrow, trade, stake, or invest from any part of the world through...

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By: Wayne Jones

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#CompoundFinance #DeFi #MakerDAO #Uniswap

Bitcoin Resilient as High Profile US Twitter Accounts Hacked in Unprecedented Bitcoin Scam
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On Wednesday, scammers hacked into the Twitter accounts of renowned politicians, technology honchos, and crypto companies in a well-coordinated bitcoin scam. The scale of the problem suggests that it wasn't limited to a single service or account. 



In the biggest hack ever on the social...

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By: Tom Nyarunda

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#Bitcoin #BitcoinNews #BitcoinScam

Bank of Thailand will Test its CBDC with Local Business before Full Launch
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Thailand's Central Bank is about to deploy its digital currency CBDC) with local businesses. This will be the project's third phase before conducting a mainstream launch. 



The Nation Thailand quoted the Bank of Thailand (BOT) Assistant Governor Vachira Arromdee, who gave a...

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By: Tom Nyarunda

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#Bitcoin #BitcoinNews #CryptoNews #Cryptocurrency

Texan Charged for Using $1.1 M in Covid-19 Relief Loan to Trade Crypto
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U.S. authorities have charged a man for diverting funds from a Covid-19 relief program to trade in cryptocurrencies. The man was taken to custody for fraudulently obtaining two loans. 



The United States’ Department of Justice announced it on Tuesday, July 14, 2020. It charged J...

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By: Tom Nyarunda

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#Bitcoin #CryptoCrime #CryptoNews #Cryptocurrency