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“Bitcoin Pope” Hit With Cease and Desist Order by Texas Authorities

[DeCrypt] Texas Securities Commissioner issued the cease and desist order for a crypto fraud scheme that promises large returns. The Texas Securities Commissioner on Thursday demanded the immediate shutdown of a cryptocurrency investment program it alleges is operated by a would-be guru, one Eric Darwin Balusek, a.k.a. “Bitcoin Pope”. Texas […]

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Bitcoin Falls Most in Month as Momentum Shifts During Risk Rally

[Bloomberg, Getty Images] Largest cryptocurrency drops after hitting $12,000 threshold Alt coins Bitcoin Cash, Ether, Litecoin tumble as least 10% Bitcoin posted its largest one-day decline in about a month just a day after reaching $12,000. Other digital currencies registered deeper declines. The world’s largest cryptocurrency fell as much as […]

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Crypto Bull Run: Charge It To The Game

The cryptocurrency market is up substantially since April. By far the best performing asset post covid-19, and all signs show much more growth is ahead. For those who have been following my forecasts, I sincerely hope you took advantage of my early picks during the pandemic. If so, you would […]

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Digital Dollar To Be ‘In Competition’ With Bitcoin

[Forbes, Getty Images] Digital dollars and central bank digital currencies are fast becoming a reality, with China this month reportedly expanding a pilot program for its digital yuan. While the U.S. has barely even begun thinking about a digital dollar, its potential implications have generated extensive debate, with a former governor of the Reserve Bank […]

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In a world where central banks issue digital currencies, bitcoin and Libra may find a place

KEY POINTS Cryptocurrency bitcoin and Facebook-backed Libra could play a role in a world where central banks globally begin to issue their own digital currencies, Raghuram Rajan, former Reserve Bank of India governor, told CNBC.  Rajan called bitcoin a “speculative asset” while Libra has been designed for transacting. Both could […]

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Nearly $100M in Bitcoin Moved to Ethereum in July, Led by Retail Traders

[Coindesk, Getty Images] Ethereum is still the most popular off-chain destination for bitcoins as its supply of tokenized bitcoin (BTC) grew more than 70% in July. More than 20,000 BTC — worth roughly $225 million — are now tokenized and used in Ethereum-based protocols. Wrapped Bitcoin (WBTC) represents over 76% of the […]

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Bitcoin Just Suddenly Surged Toward $12,000 But Now Might Not Be The Time To Buy—Here’s Why

[Forbes, Getty Images] Bitcoin, after a prolonged period of stability, has suddenly leaped higher—jumping over the closely-watched $10,000 per bitcoin level for the first time since June and surging toward $12,000. The bitcoin price has added some 20% over the last seven days, hitting highs of $11,420 on the Luxembourg-based Bitstamp […]

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Twitter blames ‘coordinated’ attack on its systems for hack of Joe Biden, Barack Obama, Bill Gates and others

[CNN] San Francisco –‘Twitter (TWTR) accounts belonging to Joe Biden, Bill Gates, Elon Musk and Apple, among other prominent handles, were compromised on Wednesday in what Twitter said it believes to be an attack on some of its employees with access to the company’s internal tools. “We detected what we believe […]

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