Category: Bitcoin

Open Source Bitcoin Project BTCPay Server Receives $150k Grant From Kraken

Open Source Bitcoin Project BTCPay Server Receives $150k Grant From Kraken

One of the Bitcoin ecosystem’s most highly-regarded open source projects just bagged another substantial grant to build out its technology stack. BTCPay Server, a self-hosted Bitcoin payment processor and technology solution, is the recipient of a $150,000 grant (paid in bitcoin, of course) from the Kraken exchange. The payment, made in Bitcoin, also coincides with…
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Trump’s Newly Planned Mammoth $1T Stimulus May Trigger Record Bitcoin Bull Market

Trump’s Newly Planned Mammoth $1T Stimulus May Trigger Record Bitcoin Bull Market

Bitcoin – The U.S. stock market surged by 3% in a single session on June 5 off of the new jobs report and speculation on a newly-planned $1 trillion stimulus package. Hopes for an aggressive V-shape recovery may boost the prospect of a new Bitcoin bull market in the coming weeks. According to Bloomberg, the…
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New York Man Charged In $100 Million Bitcoin Case

New York Man Charged In $100 Million Bitcoin Case

A New York City man has been charged with hacking, trafficking in stolen credit card data, and laundering money with bitcoin, highlighting the cryptocurrency’s enduring appeal to cyber criminals. Vitalii Antonenko, 28, was arrested and detained on money laundering charges on arrival at New York’s JFK airport from Ukraine in March last year after undercover agents…
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Cryptocurrency in Focus: Bullish Bitcoin Watchers Drool Over the Great 'Halving'

Cryptocurrency in Focus: Bullish Bitcoin Watchers Drool Over the Great ‘Halving’

The event that happens every four years is meant to prevent inflation, but attracts speculation. Like the leap year that comes every four years, it’s that time again for Bitcoin ( (BTC) ). We’re talking about “halving” — which often causes a speculative rise in the value of the cryptocurrency. For those not familiar, Bitcoin…
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Bitcoin Options Trading Hits One-Month High as Price Turns Bullish

Bitcoin Options Trading Hits One-Month High as Price Turns Bullish

Activity in the bitcoin options market picked up pace on Thursday, as bitcoin’s price jumped above $7,000 and opened the doors for stronger gains ahead of the next month’s reward halving. Daily trading volume in bitcoin options listed on major exchanges – Deribit, LedgerX, Bakkt, OKEx, and CME – rose to $86.4 million on Thursday,…
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Binance CEO Makes ‘Modest’ $2 Trillion Bitcoin Forecast

Binance CEO Makes ‘Modest’ $2 Trillion Bitcoin Forecast

Bitcoin and cryptocurrency prices have faltered in the face of coronavirus-induced economic turmoil. Bitcoin has failed to act as a so-called safe-haven asset, falling in line with the broader market, with the bitcoin price down some 30% over the last month despite recent rallies. Now, amid plans for the U.S. Federal Reserve and central banks…
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New Bank Of England Governor Sent Bitcoin Buyers A Stark Warning

New Bank Of England Governor Sent Bitcoin Buyers A Stark Warning

Bitcoin crashed this week, losing almost 50% of its value in a little over a week—with some thinking it could fall even further before finding a firm floor. The bitcoin price, well known to be highly volatile, had climbed over $10,000 last month before crashing back in the face of broader market turmoil caused by…
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Is This The Real Reason Bitcoin Suddenly Collapsed?

Is This The Real Reason Bitcoin Suddenly Collapsed?

Bitcoin crashed this week, collapsing by almost 15% over the last seven-days and dragging down the wider cryptocurrency market. The bitcoin price, which has had an incredible start to the year, had been hovering around $10,000 per bitcoin before moving sharply lower—diving just as global markets went into free fall due to the spreading coronavirus.…
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Reddit No Longer Cares About The Price Of Bitcoin And That’s Bad

Reddit No Longer Cares About The Price Of Bitcoin And That’s Bad

Back in 2014, at a bitcoin and cryptocurrency conference I attended in Dublin, Reddit’s r/bitcoin forum was mentioned many times on stage and even more by the audience. This was three years before bitcoin was thrust into the global limelight by its epic 2017 bull run that saw the bitcoin price soar from under $1,000…
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Binance CEO Makes ‘Modest’ $2 Trillion Bitcoin Forecast

There’s Something Very Strange Going On With Bitcoin Exchange LocalBitcoins

Bitcoin exchange LocalBitcoins, often used as a gauge of bitcoin interest and prices around the world, has suddenly begun suspending long-time users’ accounts without warning. Reports began coming in this week that LocalBitcoins users across Africa, the Middle East, and Asia have had their accounts “deactivated.” Messages seen by this reporter were sent to account…
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