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Friday, June 14 — Most of the top 20 cryptocurrencies are reporting moderate growth on the day by press time, as bitcoin (BTC) crossed the $9,200 mark. Market visualization courtesy of Coin360 Bitcoin is currently up over 6% on the day, trading around $9,250 at press time, according to Coin360. Looking at its weekly chart,
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Cryptocurrencies data and indices provider CryptoCompare’s new research has assessed and ranked performance among cryptocurrency exchanges as of June 2019. To prepare the ranking of cryptocurrency exchanges, CryptoCompare analyzed data collected between May 1 and May 30 of the current year, considering a series of key components such as geography, legal and regulatory assessment, investment,
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Twitter founder Jack Dorsey said that he hopes private firms will understand the value of a stateless currency during an interview with technology news outlet Quartz published on June 14. Quartz reported that during the interview — which took place in the headquarters of his bitcoin (BTC)-supporting payments platform Square in London — Dorsey noted:
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As Bitcoin (BTC) holds resistance above $8,100 USD, more positive news has arrived to help its case. Intercontinental Exchange’s (ICE) cryptocurrency platform, Bakkt, is to begin testing its first product: physically-delivered Bitcoin futures. The date for launch is just over one month from now, July 22nd. Bakkt Announces First Project Launch In a blog posted earlier
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Global mobile crypto wallet provider BRD has announced a partnership with blockchain payments and infrastructure firm Wyre that will enable its United States-based customers to purchase cryptocurrencies using bank transfers. The news was revealed in a press release shared with Cointelegraph on June 13. According to the press release, U.S. customers will be able to
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4. The distributed architecture of decentralized exchanges and full user control over their own funds entails a number of difficulties. Inability to restore access: For example, due to lack of a KYC process and the ability to cancel a transaction in the event of a broken passwords or loss of a private key, the user
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The world’s second-largest stock exchange, Nasdaq, and crypto data provider CryptoCompare have partnered to release a cryptocurrency pricing product targeted at institutional investors. The news was revealed in a press release shared with Cointelegraph on June 11. The new product, dubbed the “Nasdaq/CryptoCompare Aggregate Crypto Reference Prices,” will be made available on the Nasdaq-owned platform
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Bitcoin (BTC) trading volume on major cryptocurrency exchange Coinbase recently hit a high of 263,000 on May 12, a volume which has not been seen since February 4, 2018. Bitcoin most recently approached this number in November, with a peak of 259,000 on the 18th. Bitcoin 2-year volume chart. Source: Bitcoinity The Bitcoin price was
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United States Congressman (R-N.C.) Ted Budd testified to the House of Representatives Ways and Means Committee on purported issues with current tax laws on cryptocurrencies, as per a video of the testimony released on June 4. Congressman Budd argued that cryptocurrencies should have a de minimis tax exemption like foreign currencies. Budd commented that he
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Belarus’ general prosecutor has raised concerns about the role cryptocurrency could be playing in tax evasion, local daily news outlet TUT.by reported on June 4. Speaking as Belarus hosted the International Prosecutors Association’s regional conference, Aleksandr Konyuk said the time had come for all attendants’ authorities to study cryptocurrency use. Belarus had become one of
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