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Bitcoin and Altcoins Turn Red, More Downsides Possible


Bitcoin price failed to recover above USD 35,000, and started a fresh decline. BTC broke the USD 34,000 and USD 33,200 support levels to move further into a bearish zone. The price is currently (13:00 UTC) trading well below USD 33,000 and it remains at a risk of more losses below...

Bitcoin and Altcoins Turn Red As Bulls Step Back


Bitcoin price started a downside correction below the USD 36,500 and USD 35,500 support levels. BTC also broke the USD 35,000 level and tested USD 34,000. It is currently (13:00 UTC) recovering, but the bulls could struggle near USD 35,500. Similarly, there was a bearish reaction in most major...

It’s all relative.


I remember sitting in the back seat of our family’s Subaru station wagon. I was six and this was long before child carseats were a thing. My dad was at the wheel and my mom played 20 Questions with me while we drove to some vacation spot I can’t even remember. It was my mom’s turn...

You Can Turn Down Alcohol In Cyberpunk 2077


Cyberpunk 2077 gives players a lot of choices, from how you approach missions to how you deal with interpersonal situations. This freedom extends to character-creator options you’ll never even think about again, like choosing your character’s teeth or genitals. But one bit of choice I wasn’t...

Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans


Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling. Fidelity’s targeted clients include hedge funds...

Bitcoin and Altcoins Turn Red After Multiple Failures


After multiple failed attempts near USD 19,500, bitcoin price dropped and broke the USD 19,000 support level. The price is currently (05:00 UTC) down over 2% and it could continue to move lower towards the USD 18,500 level or even USD 18,200. Similarly, there was a bearish reaction in most major...

CCB-backed Blockchain-powered Bond Issuance Saga Takes a New Turn


There appears to have been another twist in the tale of the China Construction Bank (CCB)’s Malaysian branch and its aborted launch of blockchain-powered bonds that were set to be tradeable for bitcoin (BTC) via a Hong Kong-based exchange. Just weeks after CCB pulled the plug on the issuance at...

Cubans Turn to Bitcoin, Ethereum and Dogecoin as US Sanctions Bite


Another report has exposed how Cubans are sidestepping United States sanctions by using bitcoin (BTC) and altcoin remittance solutions – with conventional wire transfers all but impossible between USA-aligned nations and the communist state. A report from Deutsche Welle’s Spanish-language service...

8,000 Bitcoin Scam Victims Get Refunds From US Regulator


The U.S. Federal Trade Commission is refunding about 8,000 victims who lost money from investing in two bitcoin scams. The fraudulent schemes promised that investors could turn their cryptocurrency payments of about $100 into $80,000 in monthly income. Bitcoin Pyramid Schemes’ Victims...

Gold Price Expected to Rally Despite Concerns About Lockdown 2.0


Gold industry players say the inevitable printing of new money by the U.S. will lead to an increase in the circulating supply of fiat currency. This increase, in turn, will further dilute the value of U.S. currency and thus diminish its perceived status as the world’s foremost reserve...

Cubans Turn to Bitcoin Remittances with 25% Commission to Beat Blockade


Desperate Cubans are going to extraordinary lengths to receive remittances from abroad to circumvent the country’s banking blockade, turning to bitcoin (BTC), middlemen who take commissions of up to 25% and bicycle deliveries as economic sanctions continue to bite. These were the findings of...

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