Thursday, November 21, 2019
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BTC-USD-07-02-2019

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BTC-USD-07-02-2019

BTC-USD-07-02-2019

BITCOIN-US

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On Thursday, Canaan Creative listed its shares on Nasdaq under the symbol “CAN,” pricing at $9, the low end of the expected range.  The post Bitcoin miner maker Canaan Creative raises $90 million in U.S. IPO appeared first on The Block.

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21 Nov, 2019 / 17:12

Bitcoin has continued its four-week downtrend after a further 2.5% slump this morning, with a $2,000 move to the downside becoming increasingly likely. The $7,900 level of support is now being tested for the first time since October 23. A breakdown from this level could pave the way for a cataclysmic correction to the historic $5,900 level of support. The next logical stopping point for Bitcoin, if $7,900 is indeed broken to the downside, would be $7,400, which is the same level that spurred a 40% rally to the upside on October 25. However, lightning doesn't usually strike twice in terms of Bitcoin's price action, and a decline to $7,400 would almost certainly result in a prolonged move down toThe post Bitcoin edges towards major $2,000 correction appeared first on Coin Rivet.

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21 Nov, 2019 / 11:00

It’s a mixed start to the day for the majors, with Litecoin struggling early on. A reversal could be on the cards should the trio fail to hit key levels.

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21 Nov, 2019 / 03:23

It’s back into the red for the pair, as Wednesday’s reversal continued into the early hours. Moves in the late morning will be key for the day ahead.

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21 Nov, 2019 / 00:56

In an article published by Fortune earlier today, PayPal CEO Dan Schulman shared his reasons for leaving Facebook’s Libra project, and also revealed which cryptocurrency he’s invested in. In June, PayPal originally indicated that it would become part of the Libra Association - the consortium of large companies that would work alongside Facebook on the Libra project. However, PayPal left the association in October to focus on its own projects, followed quickly by Mastercard and Visa. Since its announcement, Libra has faced growing regulatory pressures and widespread criticism from lawmakers, especially in the EU, who have described the project as "dangerous to the monetary system". PayPal CEO speaks out Polina Marinova, interviewing PayPal CEO Dan Schulman for Fortune, pressed forThe post PayPal CEO speaks out over Libra split appeared first on Coin Rivet.

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20 Nov, 2019 / 21:00

After a bearish start to the week, the majors find early support. A Bitcoin move through to $8,200 should provide further support.

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20 Nov, 2019 / 02:55

Bitcoin continues to lose ground it managed to gain due to “Chinese FOMO”. At the moment, the benchmark cryptocurrency is losing 4% and trading around $8,100. This level is serious support for the benchmark cryptocurrency.

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19 Nov, 2019 / 13:42

The Internal Revenue Service (IRS) is actively policing crypto ATMs for potential money laundering and tax issues, a top official told Bloomberg last Friday.The post IRS investigators scrutinize Bitcoin ATMs and kiosks appeared first on The Block.

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18 Nov, 2019 / 22:09

Bitcoin (BTC) is currently trading at just above $8,440 following a 3% drop in price since last Monday. Additionally, BTC has also managed to drop below its 200-day EMA - not a great sign for the bulls. Bitcoin has been consolidating since last month after price spiked from $7,500 to over $10,000, before retracing to the $9,000 range. Will BTC recover back to $10,000 and above soon? Let's take a look at Bitcoin's chart. At the time of writing, Bitcoin has been making a number of lower highs. Since the massive bull market that took Bitcoin close to $14,000 earlier in the year, the coin has been dropping in value following a downtrend that was only broken in late OctoberThe post Latest Bitcoin price and analysis (BTC to USD) appeared first on Coin Rivet.

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18 Nov, 2019 / 11:00

Two men have been arrested and charged over a scheme to steal digital assets from cryptocurrency executives - as well as threatening their families. Eric Meiggs, 21, of Brockton, Massachusetts and Declan Harrington, 20, of Rockport, Massachusetts are accused of stealing hundreds of thousands of dollars worth of crypto. The men are alleged to have stolen the cryptocurrency by taking over their victims' social media and e-mail accounts using a technique known as “SIM swapping”. SIM swapping is where cybercriminals convince a victim’s phone carrier to reassign the victim’s cell phone number from the current SIM card to the hacker's own phone. According to the Department of Justice indictment, Meiggs and Harrington allegedly targeted executives of cryptocurrency companies and othersThe post Suspects arrested over $550,000 'SIM swapping' crypto theft appeared first on Coin Rivet.

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15 Nov, 2019 / 19:00

Bitcoin's mempool has spiked over 600% in the last 24 hours. The Bitcoin mempool is the pool of unconfirmed Bitcoin transactions on the Bitcoin network. Once a Bitcoin transaction occurs on Bitcoin’s blockchain, it is not immediately added. Instead, it goes into this pool of in-motion transactions where it waits for confirmation. The mempool size was previously around 15MB before jumping to over 90MB in the span of a few hours. Is the Bitcoin network under attack? Is it being spammed? Or has a new organisation found brand new utility for the Bitcoin blockchain? 600% rise Looking at the mempool chart above, courtesy of blockchain.info, you can clearly see the sudden spike felt earlier today. At first glance, one mightThe post Bitcoin's mempool spikes over 600% in last 24 hours appeared first on Coin Rivet.

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15 Nov, 2019 / 17:00

Cryptocurrency exchange Binance has added support for Turkish lira (TRY) for its direct fiat-to-crypto buying facility. This will allow Binance users to buy bitcoin (BTC), ether (ETH) and XRP directly with lira.The post Binance adds support for Turkish lira for direct crypto purchases appeared first on The Block.

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15 Nov, 2019 / 13:55

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