MyEtherWallet’s founder used to pay his rent by mining Bitcoin

Kosala Hemachandra, founder and CEO of crypto asset storage platform, MyEtherWallet, mined Bitcoin as a way to pay his Los Angeles rent between 2014-2015. When it came time to pay his bills, he would convert his coins into cash to facilitate the actual transaction. In conversation with Cointelegraph, Hemachandra reminisced about purchasing Bitcoin mining equipment […]

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Bitcoin price risks even larger pullback in Quarter 4 after shrill refusals | BTC Wires

Sep 30, 2020 19:17&nbspUTC | Updated: Sep 30, 2020 at 19:17&nbspUTC By&nbspClark Bitcoin risks a huge withdrawal in the fourth quarter because of the conflux of bearish technical structures and macro uncertainty Bitcoin price is getting weaker after one more sharp disapproval from the $11,000 opposition level. As Bitcoin get in the 4th quarter, the […]

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Bitcoin vs USD: The reason why loosening of the dollar will push BTC above $20,000 | BTC Wires

Sep 30, 2020 18:14&nbspUTC | Updated: Sep 30, 2020 at 18:14&nbspUTC By&nbspClark Investors must retain an eye on the close-fitting opposite association between the forte of the Bitcoin & U.S. dollar. An extensive debate among investors is the connection of Bitcoin with other markets. A high degree of connection among the Bitcoin & equity markets has […]

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Bitcoin price risks even bigger pullback in Q4 after sharp rejections

Bitcoin price is showing weakness after another sharp rejection from the $11,000 resistance level. As Bitcoin (BTC) enters the fourth quarter, the sentiment around the market remains generally cautious and neutral. Bitcoin might face a larger pullback in the fourth quarter due to several key factors. Throughout the past three years, every September monthly candle […]

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Blockchain will stay a buzzword until everyone unites behind one chain

Despite being, perhaps, the biggest tech buzzword of the last decade, blockchain technology has largely remained just that: a buzzword. While its best-known implementation, Bitcoin (BTC), has become a household name, the technology that underpins it remains little more than a mystery for most. By and large, this can be attributed to slow progress in […]

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Bitcoin vs. USD: why only a weaker dollar will push BTC above $20,000

A widespread debate among investors is the correlation of Bitcoin (BTC) with other markets. A high degree of correlation between the equity markets and Bitcoin has existed, particularly in the last few months. In other periods, gold and Bitcoin appear to move in tandem. However, the correlation that should be watched the most is the […]

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French police arrest terror financing ring that used Bitcoin coupons

A large goup of accomplaces allegedly financing a jihadist network in Syria have been arrested after a sting operation by French police — despite choosing cryptocurrency coupons in an attempt to cover their tracks. In a statement, police said that “constant surveillance of these networks prompted terrorist organisations to seek more opacity by using cryptocurrencies […]

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At $10,600, Bitcoin price is on track for its second-best quarter ever

Bitcoin (BTC) is on track for its best third quarter ever, data shows as Q3 2020 has just one day left to go. According to price records from on-chain analytics resource Skew, this year should produce Bitcoin’s strongest Q3 in its history. BTC price challenges Q2 2019 close BTC/USD traded at around $10,680 at press […]

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Bitcoin exchange reserves down $5B in 2020 hints at whale accumulation

The Bitcoin (BTC) reserves of exchanges are continuing to drop, which suggests retail investors and whales might be accumulating. According to data from CryptoQuant, all exchanges’ reserves dropped to 2.4 million BTC, which is equivalent to $25 billion. In contrast, in October 2019, exchanges had around 2.8 million BTC, currently worth $30 billion. Bitcoin reserves […]

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Bitcoin price in flux: Bulls target $11.5K, bears desire drop to $9.8K

Bitcoin (BTC) price appears to be gearing up for another shot at the $11K mark but traders shouldn’t get overly excited as resistance in the $11,000-$11,200 zone and at $11,389 have kept the price from moving higher for the last few weeks.  Crypto Fear & Greed Index. Source: Alternative.me Currently the Crypto Fear & Greed […]

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