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bitcoin news
August 12, 2021

Has Gold Lost Its Shine to Bitcoin?

Recently, Bitcoin and gold have shown an inverted relationship. Bitcoin’s peak was in May when it fell more than 50% from its $60,000+ highs to $30,000. This time, silver and gold moved up by 10%-15%, outperforming all other asset classes during the summer. They haven’t really moved beyond their summer range. Gold fell below $1700/oz on Sunday. On Sunday,... Read More
bitcoin news
July 17, 2021

Visa, Mastercard Monitor Binance’s Regulatory Compliance as More Regulators Scrutinize the Crypto Exchange

Despite increasing regulatory scrutiny, Visa and Mastercard have not cut ties to Binance cryptocurrency exchange. The payment giants Visa and Mastercard have not blocked Binance, and cardholders still have the option to use Visa or Mastercard to deposit funds at the exchange. Visa informed the Financial Times on Friday that it was aware of the FCA’s... Read More
bitcoin news
July 13, 2021

Bitcoin alternatives could be answer to energy-guzzling cryptocurrencies

According to most recent estimates by the University of Cambridge, the cryptocurrency bitcoin uses more electricity per year than Argentina. This is because powerful computers work all night to solve complex mathematical problems and create bitcoins. These computers use a lot of energy. The UK police recently raided what they thought was a large indoor marijuana-growing operation. However, the... Read More
bitcoin news
July 8, 2021

Chinese Central Bank Opts For Usual CBDC Rhetoric In Bashing Bitcoin, Stablecoins

China’s central banking has also taken another swipe at Bitcoin (BTC) and stablecoins – asserting that they pose a risk to financial security. Fan Yifei (Deputy Governor of the central People’s Bank of China) answered a reporter’s question about cryptoassets at a recent press conference. Fan, Sina Finance, stated that cryptoassets had ‘become an speculative instrument’ that carries ‘potential... Read More
bitcoin news
July 2, 2021

Got cryptocurrency? The taxman is coming for you

You shouldn’t expect to win in a game called ‘hide and Seek’ – this is the message for more than half a billion Australians who have crypto investments. This comes just a few days after the Australian Taxation Office announced it had extended a partnership to Australia’s cryptocurrency exchanges, requiring them all to turn over... Read More
bitcoin news
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May 6, 2020
How are Robots Helpful in Trading Bitcoin?

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