Bitcoin Price: $10,800 Now Crucial as Multiple Death Crosses Appear

Previous gains which took BTC/USD closer to $11,000 evaporate amid new worries over legal upheavals. Bitcoin (BTC) was coming down from a fresh uptick on July 19 amid rumors United States authorities were preparing to investigate derivatives giant BitMEX. Market visualization. Source: Coin360 Politics and investigations weigh on Bitcoin Data from Coin360 showed BTC/USD targeting…

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Bundesbank Head Says Don’t Suppress ‘Innovative Concepts’ Like Libra

Bundesbank President Jens Weidmann spoke in favor of Facebook’s Libra during a recent G7 event, a report says. The head of Germany’s central bank Jens Weidmann spoke in favor of Facebook’s Libra during a recent G7 event. Bundesbank head warns against suppressing innovation Weidmann, Bundesbank President and the Governing Council member of the European Central…

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Indian Government Breaks Silence on Crypto Regulation

The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India. The government also confirmed that the report with the recommended crypto regulation has already been submitted by the interministerial committee tasked with drafting the…

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Israeli Citizen Accused of Stealing Over $1.7 Million in Crypto

A Tel Aviv resident has been arrested and accused of international phishing fraud, using a collection of websites to steal cryptocurrencies. Eliyahu Gigi, a 31-year-old from Tel Aviv, has been charged with stealing over $1.7 billion in a variety of cryptocurrencies. Gigi allegedly stole BTC, Ethereum, and Dash from users in the Netherlands, Belgium, and…

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1 AM UTC Is the Most Volatile Hour for Bitcoin: Research

1 AM UTC was the hour of greatest volatility for Bitcoin’s price from 2017 to 2019, crypto analytics firm LongHash found. Researchers at crypto analytics firm LongHash have found 1 AM UTC to be the hour of greatest volatility for Bitcoin (BTC) over the past two years. 1 AM UTC had more daily highs and…

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Market Outlook: Crypto Bulls Rally After Bearish Downturn

Since July 13, digital currency prices have dropped in value significantly, but most coins have since experienced some recovery. While many crypto supporters are optimistic on where the markets are headed, traders and analysts have noticed a bullish-to-bearish trend. BTC and a slew of other currencies spiked more than 10% at 11 a.m. EST on…

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Waves to Use Vostok as Utility Tokens for New Enterprise Blockchain Solution

Waves CEO says Vostok tokens will fuel a new Waves-based enterprise blockchain solution, provided by a new department within the company. Waves CEO Alexander Ivanov has announced a new department for enterprise projects that will be fueled by Vostok (VST) tokens.  According to a July 18 press release, Waves is opening a new company department…

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US Chamber of Digital Commerce Onboards Crypto Exchange ErisX

ErisX cryptocurrency exchange has joined the Chamber of Digital Commerce, a blockchain-related advocacy group. The United States Chamber of Digital Commerce has taken aboard cryptocurrency exchange ErisX. Per a press release shared with Cointelegraph on July 18, ErisX has become a member of the Chamber of Digital Commerce, an advocacy group that promotes the digital…

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BTC Price Reclaims $10K After US Lawmaker Says Bitcoin Can’t Be Killed

Bitcoin price is back above the key psychological $10,000 level after a downward correction and some bullish comments from a U.S. lawmaker. Bitcoin (BTC) has retaken $10,000 today following a moderately volatile month, according to data provided by Coin360. Bitcoin starting its parabolic advance in April which culminated in retailing the 5-figure mark in June…

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