Day: November 17, 2020

Charged Aussie Bitconnect promoter faces up to 47 years in prison

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The Australian Securities and Investments Commission, or ASIC, has charged the former Australian national representative of BitConnect for his involvement in the multi-billion-dollar crypto Ponzi scheme. According to a Nov. 17 statement from the ASIC, the commission — with assistance from the U.S. Federal Bureau of Investigation — has charged John Louis Anthony Bigatton for his role working for BitConnect from August 2017 through January 2018. He faces four courts of making misleading or false statements that had an influence on market participation, one count of operating an unregistered managed…

Bitcoin Evangelist Andreas Antonopoulos Plans to Testify in Billion-Dollar Bitcoin Lawsuit

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On Monday evening November 16, the popular bitcoin evangelist Andreas Antonopoulos tweeted about his upcoming role in the high-profile billion-dollar bitcoin lawsuit, Kleiman v. Wright. Antonopoulos said that he will be “testifying at trial” during the month of April 2021, even though Craig Wright’s defense team tried to exclude him. It seems the ongoing high-profile lawsuit, Kleiman v. Wright will continue into 2021, and maybe even longer depending on the situation with Covid-19. However, new information has been published by the courts that show a lot of deliberation and arguments…

Bridgewater’s Dalio: ‘I’d Love to Be Corrected’ on Bitcoin. Twitter Obliges

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Bridgewater Associates founder Ray Dalio asked for and received a heaping dose of “radical candor” Tuesday when he said he’d “love to be corrected” on the negative views about bitcoin he expressed last week.  In a Twitter thread, the chairman of the world’s largest hedge fund said, “I might be missing something about Bitcoin so I’d love to be corrected.”  From arguments of privacy to bitcoin’s use as a hedge against inflation, Dalio’s invitation brought out bitcoin bulls in droves along with a smattering of naysayers. Unusual for Crypto Twitter,…

#CryptoLIVE Episode 11 | CoinDCX

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 👉 Here’s the 11th episode of India’s first live cryptocurrency TV show – CryptoLive. CryptoLive show is a real-time interactive show on a journey that will provide daily updates on crypto through a show on the lines of the stock market. CoinDCX – India’s largest and safest cryptocurrency exchange has partnered with founderINDIA for Crypto LIVE show to make crypto education and adoption mainstream. Visit to start – —————————————————————————————— In the show, viewers can share their questions & comments live, and moderated…

Cynthia Lummis, Wyoming’s Incoming Senator, Wants to Explain Bitcoin to Congress

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Cynthia Lummis, Wyoming’s incoming U.S. senator, said in an interview Tuesday the key items on her agenda include working to reduce government debt and explaining bitcoin (BTC) to her colleagues when she is sworn in early next year.   Speaking to Fox News, Lummis, a Republican and a former member of the House of Representatives, said she believes bitcoin is a great store of value, and she plans on making that point in the Senate. She will succeed Republican Sen. Mike Enzi, who is retiring after four terms. Original

BITCOIN $20,000 AFTER USA ELECTIONS!!!! ETHEREUM 40% BREAKOUT!!!! Crypto News

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io BREAKING NEWS!! BITCOIN WILL BE POSITIVELY AFFECTED BY ELECTIONS!!!! $500 FREE (BELOW) ETHEREUM PRICE WILL BREAKOUT VERY SOON!!!! IS IT TIME TO BUY ETHEREUM?! The USA elections are expected to have a huge impact on bitcoin and ethereum but any result other than a stalemate would in theory yield huge price gains for bitcoin! In todays video we do bitcoin price analysis, ethereum price analysis, bitcoin news, ethereum news and altcoin analysis and altcoin news!! Yes that sounds like a lot but…

Grayscale survey connects COVID-19 pandemic to new Bitcoin purchases

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As Bitcoin price rises toward $18,000 and traders attempt to secure a new all-time high, the surge of institutional investors jumping on the Bitcoin (BTC) bandwagon continues. This time, institutional and retail investors are both keen to accumulate Bitcoin, and data from crypto derivatives markets shows institutional investors are driving Bitcoin volumes to new highs. BTC futures volume by exchange. Source: Digital Assets Data According to research from Grayscale Investments, a digital asset management company that currently holds over $9.8 billion in assets under management, the coronavirus pandemic may be a…

Ray Dalio admits he ‘might be missing something’ about Bitcoin as it surges past $17K

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In a Twitter thread posted on Nov. 17, Dalio stated he believed that Bitcoin (BTC) was not an effective medium of exchange nor a store of value due to its volatility. He also asserted that governments could outlaw crypto assets if they became a threat to fiat currencies. However, he also admitted he “might be missing something” and invited others to chime in with their explanations. “I can’t imagine central banks, big Institutional investors, businesses or multinational companies using [Bitcoin],” said Dalio. “If I’m wrong about these things I would…

Market Wrap: Bitcoin Breaks $17.8K, Outperforming Ether in November So Far

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Spot volumes and futures open interest pushed bitcoin’s price up Tuesday, beating ether’s performance so far this month. Bitcoin (BTC) trading around $17,688 as of 21:00 UTC (4 p.m. ET). Gaining 5.3% over the previous 24 hours. Bitcoin’s 24-hour range: $16,560-$17,862 BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians. Bitcoin trading on Bitstamp since Nov. 15.Source: TradingView Bitcoin’s bull mode continued Tuesday after opening the week hitting highs not seen since early 2018. The world’s oldest cryptocurrency traded as high as $17,862 as of…