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A record 3.5 million crypto wallet app downloads were recorded in July 2020, representing an increase of 81% when compared to the same period last year. In addition, the number of active users went up by 110% between January 1 and August 19, 2020. According to a report authored by Madeline Lenahan of Apptoppia, the increase in…
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By Tony Spilotro / NewsBTC.com Last night, the countdown on the Bitcoin halving reached zero, and the block reward miners receive was cut in half. The event has widely been expected to be bullish, with valuation models suggesting the asset will skyrocket from here. However, some analysts aren’t so sure. We’ve gathered the conflicting thoughts of some…
By Paul R. La Monica, CNN Business Bitcoin ‘halving’ New York (CNN Business)Central banks around the world are printing money to try to prop up the global economy. But for bitcoin, the world’s most popular digital currency, the opposite is happening. The amount of new bitcoins being issued is starting to slow because of a phenomenon known as a…
by Kevin Helms / News Bitcoin.com JPMorgan Chase & Co. has reportedly started to accept clients from the cryptocurrency industry. The Wall Street Journal reported on Tuesday that two prominent bitcoin exchanges, Coinbase Inc. and Gemini Trust Co., have become banking customers of JPMorgan Chase, citing people familiar with the matter. The two bitcoin exchanges’…
Bitcoin Bulls Seek Breakout to $10K or Higher Bitcoin (BTC) has been trading in a narrowing price range over the past week, but a bullish breakout is looking likely, the technical charts suggest. The cryptocurrency created a bearish outside-day candle last Wednesday, signaling the rally from the low of $6,425 had run out of steam….
Goldman Sachs Says Bitcoin ‘Is Not A Fraud’. Goldman Sachs has said Bitcoin “is not a fraud”. As it unveiled plans to buy and sell cryptocurrency, the New York Times reported May 2. In a move which sets the investment banking giant apart from its Wall Street competitors. Goldman will initially offer various contracts with…
Unless you’ve been living under a rock for the past year, chances are you might have heard of Bitcoin or came across the term ‘cryptocurrency’ at some point. Unregulated by banks, these encrypted digital currencies managed to penetrate almost every market in 2017, including real estate. Despite transactions being considered safe, the crypto market in…
GLOBE & MAIL ARTICLE: It may not have been done in Canada before, even though along with their house there are a dozen other Canadian listings from British Columbia to Quebec on the Bitcoin Real Estate website: everything from other luxury properties, condos, a farm and even one buyer who claims to have $450,000 in…
Peter Thiel’s Founders Fund has bought millions of dollars in bitcoin, The Wall Street Journal reported Tuesday, citing sources familiar with the situation. Those holdings are worth hundreds of millions of dollars, the newspaper says. It wasn’t clear whether Founders had sold any of its holdings, the report says. Bitcoin rises more than 11 percent to…
For bitcoin traders, all eyes should be on Dec. 10 and Dec. 18. That’s when former self-styled bitcoin whales will be swallowed up like plankton as the CBOE and CME Group launch bitcoin futures contracts for the first time in history. Over the next few days, I will be providing information on trading in the…
Michael Spencer, CEO of NEX Group Plc, a London financial expert, sees bitcoin’s price reaching $20,000 before reversing steeply, joining the cadre of financial leaders who claim Bitcoin is a bubble, Spencer told Bloomberg TV’s Guy Johnson in London that he has no idea if bitcoin’s price will double before it halves, but said it…
Analyst: Bitcoin’s $10,000 Doesn’t Reflect its True Value Miguel Cuneta, the co-founder at Satoshi Citadel, a major cryptocurrency-focused investment firm in the Philippines which operates some of the country’s largest bitcoin brokerates and remittance apps such as BuyBitcoin and Rebit, stated that the $10,000 hype was generated by the media earlier this month. Moments after…
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