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Bitcoin price reversed its losses and settled above $7,000 against the US Dollar.The price rallied close to the $7,500 resistance area, where sellers emerged.Earlier, there was a break above a key bearish trend line with resistance near $6,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).A
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The plaintiffs in a class-action lawsuit accusing the Tether (USDT)-affiliated crypto exchange Bitfinex of Bitcoin (BTC) price manipulation have declined to amend their complaint.According to a court filing dated Dec. 2, the plaintiffs declined to make amendments to their complaint as a study conducted by John Griffin and Amin
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Bitcoin (BTC) bulls will no doubt keenly watch talk of the need for “a new, neutral global reserve asset” at the heart of the traditional financial sphere. Financial Times business columnist and associate editor Rana Foroohar published an opinion piece on Nov. 25, pointing to the renewed, half-justified “paranoia” of
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Telegram’s founder and CEO Pavel Durov, as well as two other employees, should give testimony in the SEC vs. Telegram case, a judge has ordered. According to a document signed by District Judge P. Kevin Castel at the New York Southern District Court on Monday, Durov’s deposition should take place on
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Dave Weisberger of CoinRoutes lays out why he believes that the SEC is wrong to deny a bitcoin ETF. Source
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The New York Southern District Court has ruled in favor of the United States government to intervene in a civil case against Jon Barry Thompson, who is alleged of a $7 million Bitcoin (BTC)-related fraud.With Judge Loretta A. Preska’s ruling on Nov. 19, the U.S. government — in this
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The formerly anonymous administrator of the cryptocurrency exchange WEX, which shut down last summer, has made some shocking claims about the fate of “hundreds of millions” of dollars of clients’ cryptocurrency in talks with Russian police. Russian citizen Alexei
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A United States federal judge has ordered asset custodian Kingdom Trust to fully restore data access to all affected clients following the unilateral termination of customers' access to their own account information on Bitcoin IRA's website.Filed on Nov. 12, a court document reveals that South Dakota District Court Federal
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Attorney Mark Scott was charged in August 2018 on the basis of laundering an amount of over $400 million in investors’ funds via a valueless cryptocurrency scam called OneCoin, and he’s currently standing trial.The transcript of the hearings held on September 13th last year was made public recently, a few
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The Bitcoin white paper was published 11 years ago today, on Oct. 31, 2008, meaning that Bitcoin (BTC) is celebrating its 11th year of existence. From its humble beginnings to over a $300 billion market capitalization in 2017, the success of Bitcoin is truly a remarkable accomplishment. What is Bitcoin?
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