Bitcoin volatility has plummeted, and that could be signaling a bottom, market watcher says

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It’s no secret that bitcoin’s price has seen a stunning descent this year amid ongoing regulatory scrutiny, the birth of its futures market and exchange hackings. Less clear to cryptocurrency traders, however, is what to make of the cornerstone … Read Full Story The post Bitcoin volatility has plummeted, and that could be signaling a […]

$7,000? Bitcoin Looks North After Six-Day High

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Despite the bearish chart setup, bitcoin (BTC) rose to a six-day high on Monday, putting a corrective rally to $7,000 back on the map. The leading cryptocurrency unexpectedly picked up a bid around $6,450 at 16:00 UTC yesterday and rose to $6,850 – the … Read Full Story The post $7,000? Bitcoin Looks North After […]

Central bankers claim bitcoin could break the internet — the crypto world thinks they’re missing the point

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The Bank of International Settlements on Sunday said bitcoin is “a poor substitute for the solid institutional backing of money.” Critics in the crypto world say the report missing the point — bitcoin and other cryptocurrencies are still in development … Read Full Story The post Central bankers claim bitcoin could break the internet — […]

A new report claims bitcoin could break the internet — the crypto world thinks it’s missing the point

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The Bank of International Settlements on Sunday said bitcoin is “a poor substitute for the solid institutional backing of money.” Critics in the crypto world say the report missing the point — bitcoin and other cryptocurrencies are still in development and shouldn’t be judged yet. Circle CEO calls the report “shallow” and said: “They’re not […]

The world’s hottest tech companies are now worth more than $5 trillion, and they could be pointing out the next big bubble

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The most prominent US and Chinese tech stocks are worth more, by market cap, than the stock markets of the eurozone and Japan. Facebook, Amazon, Apple, Microsoft, Google, Baidu, Alibaba, and Tencent are worth $5 trillion, according to data compiled by Bank of America Merrill Lynch. US tech stocks are worth even more, at a […]

One Mathematician’s Mission to Boost Bitcoin’s Privacy (And Soon)

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Have modern internet companies gone too far? According to mathematician and Blockstream research director, Andrew Poelstra, the answer is unequivocally yes. In his view, companies are simply now vacuuming up troves of customer data, which they then sell … Read Full Story The post One Mathematician’s Mission to Boost Bitcoin’s Privacy (And Soon) appeared first […]