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Latest Bitcoin News

Bitcoin Price Looks to Build Solid Support at $5,700 – The Merkle

Order has been restored in the world of Bitcoin and cryptocurrency. After a few rough days, the world’s leading cryptocurrency is beginning to see some positive momentum. As of right now, the Bitcoin price is closing in on US$5,700 again. It is the fourth time we have seen an attempt to push …

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Hard Times For Bitcoin Forks As Whalepool Traders Say No To SegWit2x

SegWit2x’s list of detractors is growing daily as dedicated records site NOB2X.com adds major discussion group Whalepool. The trading group, which includes prominent cryptocurrency industry figures such as Charlie Shrem, asked NOB2X to update its listings to include them, marking the latest entity to signal formal opposition to the Bitcoin …

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Switzerland Awards First AML/KYC Licence To Bitcoin Company

Payment gateway Payment21’s owner has become the first Bitcoin company to gain full regulatory compliance from Switzerland’s financial regulator. In a blog post Tuesday, Moving Media announced it had a licence as a so-called Directly Subordinated Financial Intermediary (DSFI). This represents supervision by the Swiss Financial Market Supervisory Authority (FINMA) …

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Australia Officially Ends Double Bitcoin Tax

From next year, Australians will no longer have to pay goods and services tax (GST) on cryptocurrency purchases. Following the passing of new legislation in the country’s parliament today, the long controversial “double taxation” of cryptocurrencies – first when buying it, then later when buying items subject to the tax …

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Calvin Ayre Declares Bitcoin Cash “The Only Bitcoin”

Technology In a statement addressing the upcoming the bitcoin (BTC) fork that is scheduled for mid-November, Calvin Ayre has stated it’s belief that Bitcoin Cash [Bitcoin (BCC)] is “the only bitcoin.” Also Read: Fork Debate Drops to New Low, Outspoken Developer Lopp’s Home Surrounded by Police “When We …

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Cautiously Bullish? $6,000 in Play as Bitcoin Price Stages Sharp Recovery

Having witnessed a solid recovery from the low of $5,100 in the last 24 hours, bitcoin is once again trading on the front foot and looking northwards. At press time, the bitcoin-US dollar (BTC/USD) exchange rate was roughly $5,700. As per CoinMarketCap, the cryptocurrency has gained 6.47 percent in the …

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Future Bitcoin Price $25k is Conservative Estimate: Tommy Lee

Serial strategist Tommy Lee has added to finance experts predicting sky-high Bitcoin prices of $25,000 or more. In an interview with Business Insider, Lee, who is already known for his bullish stance on Bitcoin versus Wall Street, repeated common speculation that capturing the power of gold is key. Five percent …

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Bitcoin is not the new gold, Goldman Sachs says

The analysts said that digital wallets, where people can store cryptocurrencies, are vulnerable to hacking, and virtual currencies also have “significant regulatory risks.” For example, China recently banned cryptocurrency exchanges and put a stop to initial coin offerings (ICOs), the new way for start-ups to raise money by issuing digital …

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