Bitcoin Price Could Spiral Higher as Hash Rate Jumps By 42%
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On Nov. 9. 2020, Bitcoin's hash rate reached 157.5 exahashes per second (EX/s) as per data from Coinwarz, marking a 42% increase in the span of two days. This surge means that the speed at which BTC miners can process transactions and solve the block reward puzzles is increasing rapidly post...

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By: Wayne Jones

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#BTCHashrate #BtcMining #BtcNetwork #Coinwarz #QuantumEconomics

Coinmerce Gets Greenlight after Registration in De Nederlandsche Bank
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On November 9th, Coinmerce could not hide their excitement as they saw their crypto included in the Dutch Central Bank, De Nederlandsche Bank (DNB) register. The registration is a green light for the platform to continue with their undertakings.



As one of the top cryptocurrency platforms with...

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By: Wayne Jones

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#Cryptocurrency #DigitalWallets #DutchCentralBank #Netherlands

Updates on BTSE Joint Integration With MetaMask & WalletConnect
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BTSE announced full integration with popular and leading decentralized wallet MetaMask and the popular connection protocol WalletConnect recently. 



A month later, Jonathan Leong, CEO of BTSE, commented that users love the Metamask integration, which is the most familiar wallet experience...

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By: Wayne Jones

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#CoinGecko #DeFi #ERC20 #Ethereum #MetaMask #WalletConnect

The Lebanese Central Bank to Introduce a Digital Currency in 2021
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The Lebanese Central Bank plans to introduce a digital currency next year to restore confidence in the banking sector and shift to a cashless system said Governor Riad Salame.



The Bank for International Settlements published a study that found that about 80% of central banks are active in this...

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By: Wayne Jones

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#CBDC #CBDCs #DigitalCurrency #Lebanon #OxygenPlatform

Paypal Ignites Customer Expectations by Approving Trade and Holding of Cryptocurrency
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Qualified Paypal account holders in the United States can now buy, sell, and hold the cryptocurrency. PayPal made this announcement on Thursday. Users can now trade at 26 million merchants on the payment network starting from the first quarter of next year. Paypal made this significant move due...

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By: Wayne Jones

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#Cryptocurrency #CryptocurrencyTrade #PayPalCrypto

Chainalysis Launches Program to Help Government Agencies Handle Confiscated Cryptocurrencies
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On Nov 12, 2020, top blockchain analysis firm Chainalysis unveiled a new program aimed at helping government agencies track, manage, and store seized cryptocurrencies. 



The program dubbed the "asset realization program" is to aid investigators track and hold seized assets during criminal ...

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By: Wayne Jones

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#Bitcoin #BlockchainAnalysis #ConfiscatedCrypto #LawEnforcement #Monero #Terrorism

Kyrgyzstan: Central Bank to Draft a Bill on Cryptocurrencies
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The Central Bank of Kyrgyzstan has announced that it is drafting a law to regulate cryptocurrency. It will allow Asian countries to join forces with countries worldwide that have clear policies on crypto-assets.



Moving Towards Regulation



Apex Bank discloses this in a document posted on its...

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By: Wayne Jones

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#ApexBank #CentralBankOfKrygyzstan #CryptoAssets #CryptoLegislation #CryptoMining #MoneyLaundering

Rhotex Inc Launches Environmentally-Sound Options to Crypto Mining
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On November 16th Rhotex Inc, a corporation that delivered the RHO Miner Series introduced three miner cases. The products are structured with a cooling system that performs efficiently with its fragments during heat production. The models which include; RHO Pro, RHO Lite, and RHO Rack will ensure...

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By: Wayne Jones

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#Bitcoin #Crypto #EcoFriendly #Ethereum #RHOLite #RHOPro #RHORack #WiFi

PayPal Boosts Paxos' Trading Volumes by 500% after Crypto Partnership
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According to CoinGecko data, Paypal cryptocurrency partner Paxos saw rapid growth in trading volume after joining forces with the California based Payments giant to support crypto purchases.



Paxos's itBit exchange which will power the new service for PayPal, enables customers to buy, sell, and...

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By: Wayne Jones

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#BTC #Crypto #ETH #ItBit #LTC #Paxos #SquareInc

CME BTC Futures Record Highs of $1 Billion in Open Interest
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Open interest for Bitcoin futures deal on CME Group’s exchange tracks a record of $1billion amid the covid-19 Pandemic. Since August, this is the highest point the iconic group has reached.



On Wednesday morning, the price of bitcoin was $18,172; this is a new level it has hit since December 2...

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By: Wayne Jones

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#BitcoinReferenceRate #BtcFutures #BtcOptions #CFTC #Chainalysis #CmeBitcoinMarket #EToro

Binance Files Defamation Lawsuit against Forbes over Fallacious Article
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On November 18th, one of the most popular asset exchanges, Binance, filed a defamation lawsuit against Forbes Media LLC and two journalists. According to Binance, Forbes published an article, “Leaked ‘Tai Chi’ Document,” accusing the exchange of establishing a corporate scheme to deceive and take ...

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By: Wayne Jones

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#BitcoinRegulations #ChangpengZhao #CryptoExchange #Forbes #TaiChiDocument

Another Bitcoin Bubble? Backers Hope This Won't be Like 2017
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Bitcoin is surging towards the 2017 all-time high. Backers hope that the fewer excited retail investors are, the lesser the risk of a crash this time around. 



Bitcoin broke $18,000 on Wednesday nearing its ATH registered in Dec. 2017, having soared approximately a hundred and 60% this 12 ...

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By: Wayne Jones

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#BTCATH #CME #FidelityInvestments #Messari #Nomura #PayPal

Bitcoin Withdrawals Increase Poker Players’ Winnings
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As bitcoin continues to grow, successful online players become more prominent winners by claiming cryptocurrency while withdrawing money from multiple poker sites.



The Winning Poker Network, which operates sites such as AmericasCardRoom.eu, had to buy millions of dollars in bitcoin every day...

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By: Wayne Jones

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#AmericanCardRoomEu #BtcTransaction #COVID19 #GuinnessWorldRecord #OnlineGambling #WinningPokerNetwork

CipherTrace Announces Monero-Tracking Patent Filing: Are Privacy Coins Under Threat?
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Blockchain analytics and forensics firm CipherTrace revealed in a recent blog that it had filed two different patents for technology capable of tracing transactions for privacy coin Monero (XRM).



According to the post, the Monero tracker would have the capacity to trace illicit transactions...

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By: Wayne Jones

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#BLOCKCHAINANALYTICS #Chainalysis #DASH #Monero #OKEx #Upbit #XMR #Zcash

Circle Joins with Bolivarian Republic of Venezuela and Airtm to Rescue Venezuelans Using USDC
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The investors of trendy USDC stablecoin Circle will collaborate with the Bolivarian Republic of Venezuela and Airtm, an American crypto exchange, to disperse its stablecoin USDC. The announcement came a few hours ago. The Circle has harmonized with the US government and Latin American exchange to...

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By: Wayne Jones

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#Airtm #AirUSD #Circle #COVID19 #USDC

Social Media Is Significantly Increasing Education on Cryptocurrencies
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The Crypto market has recorded significant growth this year, pushing the technology firmly into the public consciousness. Despite this, it is still quite far from mainstream adoption. Cryptocurrency is the ultramodern financial innovation. It was created to support other related systems and...

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By: Wayne Jones

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#CryptoEducation #CryptoTwitter #Earn #FacebookCrypto #ICO #Reddit #Steem

Chinese Police Seize 1% of Bitcoin's Total Supply and Convict 15 in PlusToken Ponzi
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More than $ 4.2 billion in crypto assets were seized by Chinese Police during a massive crackdown on PlusToken Ponzi following a new court ruling.



In its November 19 ruling released on Thursday, the Jiangsu Yancheng Provisional People's Court first detailed all crypto assets seized by Chinese...

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By: Wayne Jones

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#BTC #DASH #DOGE #EOS #LTC #PonziScheme #USDT #XRP

Libra, Facebook’s Cryptocurrency, to Launch Next Year in Limited Version
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The much anticipated Facebook’s Libra cryptocurrency will launch in the first quarter of next year. The single digital coin supported by the dollar has been an initiative that was first unveiled by Facebook in 2019.



The 27 strong Libra association will be responsible for the governance and i...

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By: Wayne Jones

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#EBay #Facebook #MasterCard #PayPal #Stablecoin #Vodafone

Russia Finally Recognizes Digital Financial Assets as Property
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During a government meeting on 26th Nov, Mikhail Mishustin, the Prime Minister of Russia, announced that the government intends to acknowledge digital financial assets as property. The holders of cryptocurrencies will claim and protect their property rights and interests in Russian...

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By: Wayne Jones

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#CryptoRegulations #CryptoTax #CryptoTrading #RussiaCrypto #RussianTaxCode

CME Ranks the World's Largest Bitcoin Futures Market, Latest Data Shows
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Bitcoin financial derivatives have grown significantly in recent months. On Friday evening (EST), Arcane Research reported that the Chicago Mercantile Exchange (CME) surpassed OKEx as the largest Bitcoin futures provider.



The CME regulated derivatives market is doubling every month as inflows...

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By: Wayne Jones

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#Bakkt #Binance #BitMEX #ByBit #CmeBitcoinMarket #OKEx

Guggenheim Partners to Gamble on Future BTC Prices by Investing over $500 Million
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On November 27th, Guggenheim Partners joined the train of traditional financial institutions with exposure in the crypto field. The company filed an amendment with the US Securities and Exchange Commission seeking to invest over $500 million in Bitcoin. They will invest indirectly through...

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By: Wayne Jones

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#GBTC #GrayscaleBitcoinTrust #MicroStrategy #PayPal #SEC