Iran will adopt a strangely paradoxical stance on Bitcoin as it legalizes mining while maintaining a ban on trading. Central Bank: Bitcoin Mining ‘Should Be Done’ According to local media outlet Press-TV and others, Iran’s central bank plans to allow cryptocurrency mining some legal freedom following an uncertain few months. As Iran battles increased US […]
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Correlation between the Bitcoin market and the altcoin market dipped in the second quarter of 2019, claims Binance. The Malta-based cryptocurrency exchange pitted Bitcoin against thirty alternative cryptocurrencies to determine whether or not it moved in lockstep with them. The exchange noted that all the known altcoins were tailing the Bitcoin price trend positively in […]
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Bitcoin currently dominates the cryptocurrency market. Its price movements often determine the price direction of altcoins. A rally in Bitcoin’s price often tends to lift prices of many altcoins, while a BTC price drop usually causes the altcoin market to bleed. Occasionally, you might see some coins move contrary to the direction of Bitcoin, but […]
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In addition to launching a custody service, Fidelity Investments appears set to debut Bitcoin (BTC) trading for institutional clients. The news comes amid reports of Ameritrade and E-Trade quietly testing BTC trading on their respective platforms. $2.4 Trillion Dollar Fidelity Targets Bitcoin Trading According to Bloomberg, inside sources say Fidelity Investments plans to launch a […]
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The Japanese Yen (JPY) has surpassed the USD in terms of worldwide bitcoin trading in the past 24 hours. Japanese Yen Tops Dollar According to data from Coinhills, the JPY has officially overtaken the USD in terms of bitcoin trading throughout the world. A total of 490,925.45 BTC were traded against the JPY over the last […]
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We’ve previously covered some of the best bitcoin brokers on the market and we’d like to build up on that by providing you with more information about Bitcoin forex brokers. What is Forex Trading? Forex trading, also commonly referred to as “FX trading” simply means currency trading. In other words, traders participate in the market […]
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If 90 percent of Bitcoin’s applications used to be tied to illegal activities in 2013, today, the cryptocurrency is being used for legal financial speculation in 90 percent of cases. Bitcoin and illegality are found in association only 10 percent of the time currently. Bitcoin’s $4 Billion Volume: 10 Precent Crimes, 90 Percent Trading That’s […]
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Nathaniel Popper is a New York Times journalist who covers fintech and cryptocurrencies. He is is the author of the bestseller, “Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money.” Popper describes the tools he uses to analyze the cryptocurrency market. Resources to Keep On Top of the […]
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