Category: Digital Assets
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Bitcoin’s Big Price Drop Is the Latest in a Long History of Flash Crashes
On Wednesday, June 26, the price of BTC came close to reaching $14K. One hour later, it had dropped by close to 18%. Such events are known as a flash crash, a moment in time where a rapid-sell off happens and often times a few exchanges become inoperable. Over the last few years, especially when…
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Market Outlook: After Crypto Prices Tumble, Observers Weigh in on What’s Next
Bitcoin and a large number of cryptocurrencies experienced a sharp crash after touching new price highs this year. On June 26, the price of bitcoin core (BTC) dropped from $13,850 to under $11,900 in less than an hour. BTC values against the USD continued to spiral on Thursday, dropping to $10,350 before recovering slightly. With…
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Iranians Defy Warning and Share Pictures of Bitcoin Mining in Mosque
On Tuesday, the Iranian energy grid corporation Tavanir warned illegal bitcoin mining operations that they would be cut off from their supply. Following the announcement, pictures of a mining facility set up in a mosque went viral on social media. Also Read: Iranian Energy Grid Blames 7% Consumption Increase on Bitcoin Miners Mining in a…
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Node40 Executive Explains What to Expect When the IRS Issues Its New Crypto Policy
Last May, the U.S. Internal Revenue Service (IRS) revealed it would be issuing new tax guidance and rules about the tax treatment of digital assets and forks. IRS Commissioner Charles Rettig told congressional leaders that the agency has made it a priority to issue crypto-related tax guidance. This week, news.Bitcoin.com spoke with Sean Ryan, CTO…
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Markets Update: Cryptocurrency Prices Continue to Accelerate
Digital asset markets have been on a tear lately, gaining $68 billion in five days. Currently, there’s over $100 billion in global trade volumes and crypto bulls don’t seem to be letting up any time soon. Also Read: How to Find a Bitcoin Cash Meetup Near You The Cryptoconomy Captures $368 Billion Cryptocurrency markets have…
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PR: Anxone Provides Multi-Layer Security For Crypto Storage
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Security for digital assets: Investors, exchanges, custodians Hacking is a front and center issue for digital asset exchanges.…
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Latin America and Turkey Have the Most Cryptocurrency Users, Poll Shows
Cryptocurrency usage has been expanding globally and a new survey confirms that trend. The poll conducted by Statista shows that the citizens of troubled countries tend to exploit the benefits of decentralized digital money far more readily than the citizens of thriving nations. Also read: VPN Providers Defy Order to Connect to Russia’s Internet Censor…
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After Fleeing From the US Government John McAfee Warns His Enemies
For a few weeks now, the former antivirus software tycoon John McAfee has said he is fleeing from the U.S. government for not paying his taxes. More recently McAfee’s been on a tweet tirade, speaking directly to his “pursuers” and telling them to leave him alone. Also Read: CME’s Bitcoin Futures Hit New Records McAfee:…
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Crypto Debit Cards You Can Use Now Plus a Few to Expect Soon
Debit cards tied to cryptocurrency wallets provide an opportunity to spend your digital coins almost anywhere fiat money is accepted. It’s a working solution, at least until wider adoption comes around. That’s why they’ve become so popular in the crypto community. Challenges of different sorts have negatively affected some of the earlier offerings, but it’s…