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Paypal Bought 70% of All Newly Mined Bitcoin Last Month as Demand Rockets


Paypal bought up to 70% of all the newly mined bitcoin since the payments giant started offering cryptocurrency services four weeks ago. Now that’s according to estimates by hedge fund manager Pantera Capital, as revealed in its latest monthly blockchain letter. Together with Square’s...

Airbnb IPO Prospectus Says Future Success Means Adapting to Cryptocurrencies


The giant online rental marketplace based in San Francisco, Airbnb is considering supporting cryptocurrencies and blockchain technology. The news stems from the company’s initial public offering (IPO) prospectus with the U.S. Securities and Exchange Commission (SEC). Airbnb’s filing...

New Dutch Law: Clients Must Explain Why They Want To Buy Bitcoin


Netherlands-based crypto exchanges are now required by law to get additional information from clients regarding their bitcoin addresses. As part of the new requirements, which went into effect on Nov. 17, clients must now furnish exchanges with reasons why they wish to buy bitcoin. They will also...

Bitcoin and Altcoins Consolidate, Litecoin Rallies 10%


Bitcoin price settled below the USD 18,000 resistance level. BTC extended its decline below the USD 17,500 support, but the bulls remained active above USD 17,350. The price is currently (12:45 UTC) trading well above USD 17,500, but it is facing hurdles near USD 17,850 and USD 18,000. Similarly...

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