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Monthly Archives: December 2020

Bitcoin Bull Run Rally Going Down | News

Bitcoin price rally cools down as fresh fallout from Ripple’s threatened lawsuit with the United States Security and Exchange Commission was felt throughout crypto markets. The price dropped below $26,000 on Dec. 29. Prominent crypto strategist and trader Michaël van de Poppe says bitcoin dominance is likely topping out, as […]

December 29, 2020

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Turkey to Pilot its Central Bank Digital Currency in 2H of 2021

The Central Bank of the Republic of Turkey (CBRT) will roll out a pilot program of national digital currency (CBDC) in the second half of 2021.This was reported on Friday by Turkey’s central bank chief Naci Ağbal. The details of Turkey CBDC project are not yet available. Turkey has never […]

December 28, 2020

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Bitcoin Passes $28K and Reaches All-time High on Sunday

Bitcoin price reached $28,365 on Sunday setting a new an all-time high. It is expected the price will continue the positive rally in the short run. In 2020, Bitcoin price more than tripled amid a worsening global pandemic. The positive bitcoin price rally since mid of 2019 so far is […]

December 28, 2020

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Bitcoin Hits $25,000 on Christmas Eve

Bitcoin price hit $25,000 in the middle of a hectic trading day in Asia, on December 26. After seting a new all-time high of $25,914.46 Saturday morning, the price has dropped a little. At the time of writing, Bitcoin is trading at $25,725. Many experts say that the current bull […]

December 27, 2020

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Japan to Issue Digital Currency in Both Public and Private Sectors

Japan is increasing its preparation to issue digital currency in both the public and private sectors following and other countries’ moves on this way. The People’s Bank of China is currently planning to roll out the CBDC nationwide. The central bank rolled out pilot programs that provided 200 digital yuan […]

December 25, 2020

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Hackers Withdraw Crypto Stolen in Exmo via Poloniex

Hackers withdrew $4 million of crypto stolen in Exmo hack through the Poloniex crypto exchange, the exchange confirmed. Poloniex allowed hackers to withdraw $1 million in XRP and $2.8 million in ZEC. Exmo executives announced that $4 million of stolen assets cannot be recovered due criminals withdrawing the funds through […]

December 25, 2020

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CBDCs Do Not Possess the Same Advantages as Bitcoin

Vasily Solodkov, a professor at the Higher School of Economics in Russia has told that central bank digital currencies (CBDCs) will not provide many of the advantages of a cryptoasset like bitcoin. “The digital ruble will not have the indisputable advantages of existing cryptoasset as anonymity, cross-border functionality and a […]

December 25, 2020

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FBI’s Strategy for Darknet Investigations Needs Overhaul

Department of Justice’s Office of Inspector General’s audit revealed the FBI’s strategy for dark web investigations is inadequate. The audit found that the Federal Bureau of Investigation doesn’t have an agency-wide dark web strategy.Instead, the FBI relies on three units that focus primarily on dark web activities. The Department of […]

December 24, 2020

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Venezuela to Increase Use of Bitcoin to Pay For Imports

Venezuela plans to increase use of Bitcoin to purchase imports and bypass financial sanctions from the United States. According to insiders from the country’s central bank, “payments to companies from Iran and Turkey have been made using Bitcoin.” It is not clear yet, what Venezuela purchased for cryptocurrency, however, exported […]

December 22, 2020

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