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Posts Tagged ‘bitcoin’

Iceland’s ‘Big Bitcoin Heist’ Suspect Has Been Arrested

Iceland’s now-infamous bitcoin miner thief has reportedly been arrested. A Dutch police spokesperson confirmed that Sindri Thor Stefansson – who is accused of masterminding the theft of $2 million worth of mining hardware in what’s being called the “Big Bitcoin Heist” – was arrested in the Amsterdam on Sunday night. Prosecutors are now looking to…

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Investor Says Bitcoin is the ‘First Viable Replacement For Gold’

Georgi Georgiev · April 24, 2018 · 1:00 pm Speaking at the Sohn Investment Conference on Monday, April 23rd, John Pfeffer, serial entrepreneur, investor, and currently a partner at Pfeffer Capital, declared that Bitcoin is the first viable replacement for gold. In a statement that would make even the feet of David Drake twirl with…

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Crypto Winter or Spring Revival? Take CoinDesk’s State of Blockchain Survey

After a historic 2017, the cryptocurrency markets took a decided downturn in Q1. Bitcoin, ethereum, litecoin – and most major cryptocurrencies – saw declines in a variety of metrics: exchange volumes, transaction counts, and, of course, price. With it, too, public sentiment on the technology appears to have become more mixed. Some naysayers, like Nobel…

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Goldman Sachs Hires Crypto Trader ‘In Response to Client Interest’

Adam James · April 24, 2018 · 11:00 am Goldman Sachs has had its feelers in the cryptocurrency waters for a while. Now, the Wall Street giant looks set to take the plunge, having just hired a cryptocurrency trader to help the company expand into digital asset markets. High Profile Hire With Bitcoin looking rather…

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Bitcoin Is Facing Stiff Resistance On Road to $10K

Bitcoin is solidly bid on Tuesday and could test the $10,000 mark in the next few days, chart analysis suggests. Following a sharp price spike just after midnight (UTC), the cryptocurrency rose to $9,308 on Bitfinex – the highest level since March 14. At time of writing, BTC was trading at $9,291, up 4.2 percent…

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Bitcoin Price Blasts Past $9K Driving Crypto Market Cap Over $420B

Wilma Woo · April 24, 2018 · 7:00 am The combined cryptocurrency market cap has passed $400 million again for the first time since March 8 as Bitcoin price soars to multi-week highs. Bitcoin Price Bulls Are Back Data from major exchanges and Coinmarketcap shows that as of press time April 24, the implied value…

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1 in 5 Financial Institutions Exploring Crypto Trading, Survey Finds

Mass media company Thomson Reuters has found that one in five of its financial services clients is considering trading cryptocurrencies this year. The firm recently surveyed more than 400 clients on its data and trading platforms, including Eikon, REDI, FXall and Elektron. About 20 percent of these clients were “really interested and actively exploring” launching cryptocurrency…

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Philippines Senator: Harsher Punishment for Crypto Crimes

Nikita Blows · April 24, 2018 · 1:30 am If Senator Leila de Lima has her way, crypto criminals in the Philippines will be facing tougher punishments for their crimes. Bitcoin’s fantastic price rise last year prompted interest from both seasoned and novice investors. It also garnered the attention of scam artists and fraudsters focused…

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