Bitcoin Group SE Buys Investment Bank Tremmel For Undisclosed Figure

Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $40 million, said Tremmel allows it to issue its own cryptocurrency-related products, conduct proprietary trading and operate bitcoin ATMs. Also…

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Bitcoin [BTC] Price Analysis: Will the Bears break down side of $6,286?

BTCUSD Medium-term Trend: Bearish Resistance levels: $6,366, $6,439, $6,509                                             Support levels: $6,286, $6,192, $6,092 The coin is in bearish trend on medium-term outlook. The bears returned to the BTC market with full force on November 8 after the BTC price reached its high of $6509 price level by the bulls’ pressure. Short consolidation was…

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Bitcoin [BTC/USD] Technical Analysis: Bears continue to hold cryptocurrency captive as prices stagnate

The cryptocurrency market’s rise and fall have been quite sporadic, with several coins shifting between the green and the red spectrum over the past couple of days. Major cryptocurrencies like Bitcoin [BTC], Ethereum [ETH] and XRP have all been trying to get out of the bear zone, but to no avail. 1-hour: The Bitcoin [BTC]…

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Binance CEO Sarcastic Statement On Bitcoin Will Hit Another Bull Run Soon

There’s been the almost eternal hope that the bitcoin price will return to – and maybe even exceed – the $20,000 price it reached in December 2017. Unfortunately, to the dismay of everyone, the bitcoin price is stuck in a spiral downwards — even dragging down the broader cryptocurrency market. The respected chief executive of Binance, Changpeng…

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Bitcoin Cash Price Analysis: BCH/USD At Risk Of Break Below $500

Key Points Bitcoin cash price is struggling to recover above $530 and $540 against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $515 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair is currently at a risk of more losses below the $500 and…

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NEM Skyrockets as Coincheck Resumes Trading, Altcoins Trade Up Amidst Bitcoin Stability

NEM (XEM) is currently trading up nearly 20% as cryptocurrency exchange Coincheck resumes its normal trading activity. NEM’s meteoric price rise comes amidst overall market stability, with Bitcoin (BTC) trading steadily at $6,400, and most altcoins trading up. At the time of writing, Bitcoin is trading at $6,400, recovering from a slight dip into the…

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Bitcoin [BTC/USD] Technical Analysis: Bearish doom awaits coin as it stands poised at cliff’s edge

Bitcoin [BTC] has recently been seeing movement within its tightly-defined trading setup, bouncing between the $6,300 and $6,700 marks. While this has not presented any opportunities for swing traders, market sentiment seems at a high as HODLers draw closer to the moon. 1-hour: The short-term outlook for Bitcoin shows that an uptrend is present from…

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Bitcoin is Going to Face its Final Decisive Moment, an Expert Predicts

With all these staggering price dips, this year has obviously not been a huge success for crypto market investors. A prolonged bear market has caused many people to talk about a possible crisis and even a crypto crash. Many people fear a possible negative outcome but Tyler Cowen does not. Keeping Hope    A professor…

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How Bitmain can win the Bitcoin Cash [BCH] hash war: Bitcoin [BTC] hashrate to play a role?

Opinion: All eyes have turned to the upcoming Bitcoin Cash [BCH] hard fork, with the battle between Coingeek and Bitmain continuing to escalate. At last count, Bitcoin SV, the implementation being pushed by Craig Wright and Calvin Ayre, remains as the leader in terms of hashrate on the BCH chain, while Bitmain-powered Bitcoin ABC suspiciously…

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Thai Actor Pleads His Innocence Over $24 Million Bitcoin Scam

Three siblings from Thailand are being prosecuted by a 21-year-old Finnish investor for Bitcoin fraud committed against him worth $24 million. In the court, the criminals have pleaded their innocence for the charges against them. During the hearing, the siblings Prinya, Supitcha and the popular actor from the country Jiratpisit Jaravijit of convincing the Finnish…

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Bitcoin [BTC/USD] Technical Analysis: Support levels hold as last bastion against bear’s attacks

Bitcoin [BTC] recently saw an attack of the bear move the price downwards to the $6,400 range, testing crucial support levels. Even now, the coin continues to rest on one of these supports, with bearish pressure threatening the precarious position of Bitcoin’s price. 1-hour: The short-term outlook for Bitcoin shows that there is an uptrend…

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Bitcoin Wallet Distributes Stellar Lumens Worth $125M to 30M Users

Bitcoin Wallet to Run Worlds Biggest Airdrop The world’s most widely used wallet bitcoin wallet is giving away $125 million worth of the cryptocurrency Stellar to some 30 million people. The bitcoin wallet revealed that the initiative is to encourage the mainstream adoption and usage of the cryptocurrency Stellar Lumens (XLM). According to information from…

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Bitcoin Cash [BCH] proponent Roger Ver talks about hard fork, block size

In a video released today, November 9, Roger Ver, a major proponent of Bitcoin Cash [BCH] and the CEO of Bitcoin.com spoke about the latest event in the BCH community, i.e., the chain split. Ver mentioned the CTO of Bitcoin.com and revealed his thoughts on the matter. According to the CTO, the block size debate…

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Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation

Canadian blockchain and cryptocurrency company DMG Blockchain Solutions Inc. has energized its new crypto mining facility, according to an announcement published Nov. 8. DMG states that the facility will start at 60 megawatts, and can expand its capacity up to 85 megawatts. DMG Blockchain Solutions initially revealed its plans to launch the station in July,…

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Bitcoin Ownership Hits 9% In UK, YouGov Survey Reveals

Over 90 percent of UK residents have now heard of Bitcoin and up to 9 percent of some demographics own it, an upbeat new survey revealed November 7. 21 Percent See Bitcoin Being As Common As Fiat The findings by market research agency YouGov paint a surprisingly positive picture of consumer attitudes towards the largest…

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Bitcoin Cash [BCH] hard fork sees another spat; Faketoshi sends bitter regards to Roger Ver

On November 8, two proponents of the Bitcoin Cash [BCH] community were found having a serious battle when one of them, Roger Ver, revealed an email that he received from Craig Wright this week. The message was apparently of an unprofessional nature wherein Wright aka Faketoshi displayed much hostility and outrightly bad-mouthed Ver. Some of…

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J.P. Morgan sees three potential long-term stock winners from blockchain

Blockchain technology, made famous by cryptocurrencies, is still relatively new and not easy to get exposure to as an investor. J.P. Morgan listed three public companies that could benefit long-term from the emerging tech and have nothing to do with bitcoin. “Investors should be looking to identify where the opportunity to replace a middleman is…

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Bitcoin Mass Adoption Will Happen Naturally

Bitcoin mass adoption, contrary to popular belief, will not occur by “educating” the public. Instead, this transition will happen naturally as young generations become increasingly familiar and confident in this technology. Not Understanding Bitcoin is Their Job Let’s face it. Bitcoin’s biggest naysayers are typically in their twilight years, unlike most Bitcoin users and investors. Paul…

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Overstock CEO Predicts Mass Crypto Adoption as Bitcoin Rises

Cryptocurrency markets have fallen by more than 70 percent this year. But according to a veteran from the industry, they are standing at the edge of a revolution. Patrick Byrne, the CEO of Overstock, an Amazon-like marketplace which accepts payments in Bitcoin, said in a recent interview that he is still expecting cryptocurrencies to reach…

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Bitcoin (BTC) Likely To Retrace Short Term, Big Picture Remains Intact

Bitcoin (BTC) is expected to retrace after a prolonged rally since the beginning of this month. The 4H chart for BTC/USD shows that the price has entered a rising wedge. We can see that the price has already faced rejection three times at the top of the wedge and is now preparing for a fall….

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