Category: Bitcoin News

El Salvador: Government faces investigation into Bitcoin Trust’s expenditure

El Salvador’s Court of Accounts revealed that it had received a complaint from the regional human rights and transparency organization, Cristosal, regarding Bitcoin trust’s expenditure process in El Salvador. The Court of Accounts will now investigate the matter and may impose administrative and asset sanctions against officials as a result. Additionally, the Court of Accounts […]

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ECB President asserts “Cryptos are not currencies, full stop.”

ECB President, Christine Lagarde made anti-crypto comments on “The David Rubenstein Show: Peer-to-Peer Conversations“. On the issue of crypto’s global purpose and whether it’s too early to determine one, Lagarde claimed that the decentralized sphere is supported by a highly speculative asset class, which stands nowhere close to the definition of currency. “Cryptos are not […]

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Bitcoin Price Prediction: BTC Upside Potential Limited But Remains Fundamentally Strong To Hit $50,000

Bitcoin price holds above robust support despite $48,000 seller congestion zone thwarting bullish efforts. A spike in on-chain levels throughout the week shows that Bitcoin is fundamentally ready to hit higher levels. Bitcoin bulls targeted closing the gap to $50,000 before this week came to an end. However, price action appears to have been limited […]

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Just-in: PayPal Starts Bitcoin and Other Crypto Trading Services in UK

Payment gateway giant, PayPal announced on Twitter that all eligible customers in the U.K. will now be able to buy, sell and hold cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, and Bitcoin cash through their PayPal accounts. We are delighted to share that all eligible customers in the UK can now buy, hold and sell #Cryptocurrencies […]

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El Salvador: Enraged Protesters burn down Bitcoin ATM

El Salvador’s native newspaper La Prensa Gráfica (LPG) shared a traumatizing video on its Twitter handle, displaying the Anti-Bitcoin protests running violently with an on-fire Bitcoin ATM captured by the publication. La actividad en el centro histórico de San Salvador transcurre sin sobresaltos mientras un cajero Chivo es consumido por el fuego tras las manifestaciones […]

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AMC Theatres Adds Three More Crypto to the Payment List Along with Bitcoin

AMC Theatres ($AMC), the world’s largest cinema theatre chain that announced its plans to accept Bitcoin ($BTC) payment for online ticket booking has extended its crypto payment list to add three more crypto payment options. Adam Aron, the CEO of the group took to Twitter to announce the news that the company would also accept […]

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Just-In: Coinbase ($COIN) Files For Crypto Futures Offerings

Coinbase Inc ($COIN), one of the top global crypto exchanges based out of New York has filed with the National Futures Association (NFA) to offer crypto futures services. The crypto exchange filed the application on September 15 and if approved it would join the likes of FTX.US who recently acquired a CFTC approved derivative platform […]

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As BTC Surges Past $48,000, Are Bitcoin Whales Playing Pump and Dump?

Retail investors need to beware as Bitcoin’s millionaire-tier whale addresses might be playing around with them! As per data from Santiment, Bitcoin’s millionaire-tier whale addresses holding between 100 to 10K Bitcoin dumped their BTC holdings during September 6-7. As the BTC price tanked nearly 15% under $45,000 followed by retail profit booking, these whales purchased […]

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Breaking: World’s Largest Hedge Fund Manager Says Regulators Would Kill Bitcoin

Ray Dalio, the American Billionaire, and Manager of the World’s Largest Hegde Fund Bridgewater Associates believe regulators would try to “kill” Bitcoin if it becomes very successful. Dalio who has turned into a Bitcoin proponent after bashing it for years, recently revealed he holds Bitcoin himself and called it a better alternative to Gold. Dalio’s […]

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Fidelity Pushed the U.S. SEC for a Bitcoin ETF In a Private Meeting

Well, institutional players are using all the muscle to convince the regulators in getting the first Bitcoin exchange-traded fund (ETF) in the U.S. market. As per the latest Bloomberg report, Fidelity Investments pushed the U.S. Securities and Exchange Commission (SEC) to consider a Bitcoin ETF in its recent private meeting with the SEC. President of […]

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