Day: September 25, 2020

Nevada Woman Charged in Bitcoin Murder-for-Hire as a Mystery Hacker Again Turns Tipster

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A Nevada woman is facing federal charges for allegedly paying a darkweb hitman $5,000 worth of bitcoin to murder her ex-husband in a case that shares striking parallels with another recent murder-for-hire plot. The charges demonstrate how individuals who view bitcoin as a gateway to criminal dealings – thinking, perhaps, that the crypto provides unparalleled economic anonymity in a digital-first world – can readily wind up in the Fed’s crosshairs when bitcoin’s immutable and highly traceable ledger gives their transactions away. Original

Held Accountable: Russia Wants Bitcoin Investors Jailed For Non-Compliance

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One of the biggest impacts awaiting to hit Bitcoin and the rest of the cryptocurrency space is the firm hand of regulation. It is already beginning, starting with Russia’s finance ministry seeking to put holders in prison for non-compliance when it comes to disclosing cryptocurrency valuation accruals. Here’s what this new proposal says, and how this could start a butterfly effect across the globe where cryptocurrencies are made a target. How Much Bitcoin Do You Hold? Not Telling The Russian Ministry Of Finance Is Punishable By Jail Cryptocurrency investors, before…

Market Wrap: Bitcoin Sticks to $10.7K; DeFi Site dForce Doubles TVL in 24 Hours

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Buying volume is pushing bitcoin higher. Meanwhile, DeFi investors continue to seek places to park crypto for steady yield. Bitcoin (BTC) is trading around $10,730 as of 20:30 UTC (4:30 p.m. EDT). Gaining 0.50% over the previous 24 hours. Bitcoin’s 24-hour range: $10,550-$10,795 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Coinbase since Sept. 23(TradingView) Bitcoin’s price was able to cling to $10,700 territory, rebounding from a bit of a dip after the cryptocurrency rallied on Thursday. It was changing hands…

Crypto ETP volumes fell in September as investors sought safer options

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According to a recent report by CryptoCompare, a digital asset data resource, aggregate trading volumes exchange traded products (ETP) have plummeted drastically in the month of September.  Aggregate ETP Volume ($millions) Source: CryptoCompare Overall daily cryptorrency ETP volumes plunged by roughly 74%, dropping from $186.5 million exchanged in mid-August to an average of $48 million in mid-September.  Grayscale volumes take a hit Grayscale’s Bitcoin Trust product represents the overwhelming amount of trading activity in cryptocurrency ETPs, and has therefore taken the biggest hit when it comes to trading volumes.  Grayscale’s…

Chainlink 30% Rally Closes Record “Best” 2020 Daily Performance

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Chainlink may be trading at half of its all-time high, but it just broke a new record – this time for its best single-day performance in all of 2020. With such an outstanding rebound from local lows making the early days of the rally look weak by comparison, is this a sign that Chainlink is ready to set its sights back on new price records next? Chainlink Sets Record For Best Intraday Performance In 2020 Chainlink has once again been the best performing crypto asset across the market for the…

‘Sign O’ The Times’ Boxset Proves Prince’s Vault Is Bigger Than Imagined

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Prince’s estate has released a super deluxe boxset of “Sign O’ the Times” full of unreleased music. The estate has begun to release thousands of songs Prince kept in his vault. “Sign O’ the Times” proves that there is more unreleased music than we thought. It’s time to go to the wrecka stow. Prince’s estate has released a super deluxe, multi-version remastered boxset of his classic album, “Sign O’ the Times.” Since the music icon owned his own masters, his estate can release remastered albums, including unreleased music from his…

Please Do Not Listen To Tory Lanez If You Support Black Women

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Tony Lanez just released new music. He did it two months after Megan Thee Stallion’s shooting, with which he was involved. He also did it one day after the Breonna Taylor announcement, which makes what he did even more despicable. I will not listen to Tory Lanez. I absolutely refuse. Some say I should—after all, my hip-hop credentials speak for themselves, and as a good critic of the genre, I should know what I’m talking about—but some things are bigger than hip-hop. Some things are about morality—about standing with Black…

Wealth Manager Explains Why Bitcoin Won’t Become The AOL Or MySpace of Crypto

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Bitcoin draws comparisons to just about everything under the sun. Gold, the internet, even rat poison. But comparisons with the fossils of the early internet age like AOL or MySpace? One wealth manager with a focus on crypto explains why this simply will not be. Brilliant Business Minds Agree: Bitcoin Is As Powerful And The Internet Or The PC Some of the most brilliant minds in the world and big-name investors from the dot com boom also believe in Bitcoin. Venture Capitalists Tim Draper and Marc Andreessen from Andreessen Horowitz…

Transformations in crypto exchanges and traditional institutions, Sept. 18-25

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Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The final scene of Animal Farm, Orwell’s classic fable of revolution gone wrong and a staple of secondary-school reading lists throughout the English-speaking world, features a card game. The pigs who run the farm with an iron hoof host the humans who have gone from enemies of the revolution to drinking buddies of the revolution’s leaders. The book ends with accusations of cheating and a metamorphosis realized. The pigs…

Price analysis 9/25: BTC, ETH, XRP, BCH, DOT, LINK, BNB, CRO, LTC, BSV

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Bitcoin and altcoins rebounded off their critical support levels, possibly creating a path to a new bullish uptrend. According to a study by researchers at the Cambridge Centre for Alternative Finance, the number of people who own Bitcoin (BTC) and other digital assets has surged from about 35 million in 2018 to over 100 million. This is a positive sign because the growth continued even when the crypto markets were not in a secular bull trend.  The allure of digital currencies is likely to increase further if the U.S. Securities…