AA News

Tokyo-Based Softbank To Offer Cryptocurrency Debit Cards To Its Clients

Softbank, one of the popular banks in Japan, has announced the introduction of a new type of debit card for its clients. Reportedly, the bank will start providing debit cards equipped with Internet of Things (IoT) chips, and it would be usable as a cryptocurrency wallet as well. Softbank Launches Cryptocurrency Debit Card The popular...
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Tether (USDT) Is Now The 4th Top Crypto As Market Cap Falls Below $200 Billion: Monday Market Watch

Last week was quite impressive for Bitcoin as the cryptocurrency recorded a bullish reversal from a low of $6,750 to $7,800 in two days. The bulls were unable to defend the new region, swinging the price back to $7,230 during today’s early hours. Bitcoin is currently down about 1.29% on the day as it trades...
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Huge Responsibility: Coinbase Holds Almost 1 Million Bitcoins

The largest cryptocurrency exchange in the U.S., Coinbase, reportedly holds the biggest amount of bitcoins. It has 966k BTC, which is a substantial lead over the other exchanges, as per a recent report. BitMEX and Bitstamp are completing the top three, with 265K and 229K respectively. Coinbase Stores The Most Bitcoins The largest US-based cryptocurrency...
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Following Litecoin’s Halving, The LTC Hash Rate Crashing 70% To Its Yearly Low

Litecoin, one of the most popular cryptocurrencies aside from Bitcoin, is noting a recent severe crash in its hash, almost reaching the 2017 levels. This decline comes just months following the 2019 Litecoin halving event. It raises the question among the community if Litecoin’s network can be jeopardized more easily if the hash rate continues...
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Bakkt To The Senate: CEO Kelly Loeffler To Occupy US Senate Seat

The CEO of Bakkt, Kelly Loeffler, is reportedly going to take the seat in the U.S. Senate for the state of Georgia. Governor Brian Kemp is set to choose the businesswoman rather than President Trump’s choice – U.S. Rep. Doug Collins. Bakkt CEO In U.S. Senate Governor Brian Kemp appears to be clear with his...
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Before The Money: Bitcoin Early Adopters Reveal What Brought Them In So Early

Bitcoin has been around for more than a decade now. However, it’s safe to say that it gained mass attention at the end of 2017, following its unparalleled price increase to $20,000. In any case, the cryptocurrency has its fair share of proponents and early adopters – people who have been involved with it far...
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November Ending in Red As Bitcoin Is Down $1500: Crypto Weekly Market Update

It has been an exciting week for Bitcoin. Volatility is back as the price went on a rollercoaster throughout the past seven days. The cryptocurrency started the week trading at around $7,150, dropped to a low of about $6,600 only to recover get up to $7,800. However, throughout the volatile month of November, Bitcoin lost...
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CME Group Bitcoin Futures Contract Expire Today, BTC Price Pushes Ahead

The monthly Bitcoin Futures Contracts of CME Group are set to expire today, as it’s the last trading Friday of the month. With the recent volatility, the volume of BTC futures contracts has also been on the rise at CME, as it hits the highest number in the last month. Meanwhile, Bitcoin has been on...
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Chinese Exchange IDAX Freezes Withdrawals, Confirms CEO’s Dissappearance

After days of uncertainty and rumors among the community, the Chinese exchange IDAX Global confirmed that the CEO has disappeared. As a result, withdrawal processes are still not functioning after initially being stopped earlier this week. IDAX Global CEO Disappears IDAX Global cryptocurrency exchange was the subject of a fair share of negative news over...
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Report: German Banks Could Be Able To Store Bitcoin From 2020

While most countries are struggling to understand and regulate cryptocurrencies, Germany might actually introduce them to the general public. A new proposed bill in the country suggests that as of next year, clients should be able to store Bitcoin and other digital assets directly in banks. Bitcoin Storage In German Banks? Germany might be on...
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Changpeng Zhao (CZ): Blockchain Will Be Bigger Than The Internet

One of the most influential people within the cryptocurrency community, Changpeng Zhao, recently spoke about the current and future state of blockchain and cryptocurrencies, in general. The founder and CEO of Binance shared his opinion on the market, the prices, and his belief that blockchain will have a more significant impact on the world than...
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Bitcoin Price Surges $800 In 24-Hours, Major Altcoins Follow: Thursday Crypto Market Watch

Bitcoin went on a wild ride in the past 24 hours. The cryptocurrency began the day trading at around $7,100 only to drop down to about $6,850 in a sudden move south. However, bulls took it from there, and the BTC price shot up to $7,660, which was also the daily high. Currently trading at...
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Quicker Than Libra: SAGA To Launch A Stablecoin Pegged To SDR

Libra’s announcement earlier this year brought a lot of mixed reactions, but it also attracted a lot of attention towards the field, causing other teams to think in this direction. One of these is Saga Monetary Technologies’ token dubbed SGA, which will be launched on December 10th. SGA token will be pegged to the Special...
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UpBit Exchange Hacked: Confirms $50 Million Worth Of Ethereum (ETH) Stolen

The South Korean cryptocurrency exchange, UPbit, is showing suspicious activity which some people are linking with a potential hack. Over $50 million have been withdrawn from the exchange to an anonymous account, and all transactions have been stopped. The exchange has since come up with an official statement, saying that it will cover all of...
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Research: Only 7% Of Ethereum’s Circulating Supply Is Kept On Exchanges

According to recent statistics, only about 7% of the circulating ETH is currently being held in cryptocurrency exchanges. This represents a notable decrease throughout the past few years. Data also reveals how storage was redistributed among the various exchanges over the same period. Ethereum Exchange Storage Decreases Popular cryptocurrency monitoring resource TokenAnalyst has presented exciting...
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CEO of $250 Billion Investment Fund Unwittingly Linked To A Bitcoin Scam

The head of a $230 billion Singaporean investment fund is the latest high-profile public figure to have their likeness used to promote Bitcoin Pro – an investment scam making the rounds on Facebook. Ho Ching, who has served as Temasek’s CEO since 2004, warned her more than 57,000 followers on Monday: “Just to alert everyone...
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Korea Passes Cryptocurrency Bill Paving The Way For Digital Asset Businesses

South Korea’s national policy committee, part of the country’s National Assembly, has reportedly passed a bill which categorizes cryptocurrencies as digital assets. The move will supposedly pave the way for businesses and sets rules and requirements for their further operation. Cryptocurrency Bill Passes Korea’s National Policy Committee According to a report from local media Korea...
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Vitalik Buterin Flustered By Crypto Community Insults On Twitter

The co-founder of Ethereum, Vitalik Buterin, recently responded to a few verbal attacks on social media. Some influential people within the cryptocurrency community expressed their opinions against Vitalik’s views, and he took the chance to respond. Vitalik Buterin Taken Under Aim Vitalik Buterin is a well-known figure within the community as the co-founder of the...
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Bitcoin Black Friday 2019: The Sales You Better Not Miss

It’s that time of year again. Thanksgiving is just days away, and you know what that means. No, I’m not talking about the family get-together or passing out in front of the TV after eating way too much. I’m talking about shopping! Bitcoin Black Friday 2019 is here and there are some crypto-related deals on...
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Institutional Interest On The Rise As Bakkt’s Bitcoin Futures Volume Increases Continuously

Bitcoin’s been on a downtrend lately. The price dropped from around $8,700 to its current level of $6,700, losing more than 20% in a few days. However, despite the overly negative sentiment lurking amid the cryptocurrency community, good news might stem from the fact that institutional interest seems to be on the rise. Bakkt, the...
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Monday Market Watch: Bitcoin Plunges to $6500 As Bloodbath Continues

Sunday seemed somewhat optimistic as Bitcoin was finally in the green after days of red candles. Even though there was a blunt sense of relief in the community – it didn’t last long. Before the bulls had a chance to return, the bloodbath continued today with even more losses. Today, Bitcoin’s price dropped down to...
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Bitfinex Under Legal Attack: Another Class-Action Lawsuit Filed in Washington

The controversy around Bitfinex and Tether continues. Apparently, the company is under legal attack as yet another “copycat” class action lawsuit has been filed against it with the US District Court for the Western District of Washington. Bitfinex Responds Against A Mysterious Complaint According to an official statement, “mercenary” lawyers continue to attack Bitfinex and...
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Bitcoin Price To Reach $5,000 Before 2020, Accoridng to Recent Analysis

Bitcoin’s price has continuously been a subject of numerous predictions. Some proponents expect new all-time highs within the next few months, while others take the opposite stand, foreseeing the cryptocurrency’s demise. Naturally, a lot of the predictions seem quite far-fetched, but some well-known and reputed analysts think that Bitcoin might go to $5,000 before 2020....
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Approaching 2020: Why The World Needs Bitcoin More Than Ever (Op-Ed)

We live in a paradoxical world in that it is both expanding and shrinking at the same time. The rise of high-speed internet allows us to instantly communicate across the globe, stream movies and TV shows, shop from the comfort of our couch, dig through the archives of famous museums and libraries, and watch events...
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CZ: Binance Fake News Is The Reason For Yesterday’s Bitcoin Price Crash To $6700

On Thursday, reports emerged that Binance’s Shanghai office had been raided by local police and was subsequently shut down. The CEO of the cryptocurrency exchange, Changpeng Zhao, has since refuted the claims, while also saying that it’s FUD of the kind that damaged Bitcoin’s price in the past couple of days. Binance To Sue The...
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China Clarifies Cryptocurrencies Are Illegal: Bitcoin Records 6-Month Low In Response

Yesterday, Bitcoin’s price went through a serious decline, losing more than $550 of its value in a matter of hours. Today, news from China came that the country’s views on cryptocurrencies remain unchanged and that they are, in fact, illegal. Almost immediately, Bitcoin lost another $500, marking a 6-month low. China Clarifies: Cryptocurrencies Are Illegal...
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Bakkt Cash-Settled Bitcoin Futures To Launch On December 9th

The Intercontinental Exchange (ICE) announced today that its Bitcoin Futures trading platform, Bakkt, will be launching a cash-settled contract. Starting from December 9th, they will be listed on the ICE Futures Singapore. It’s interesting to see how and if this will have an impact on Bitcoin’s price, given what has happened before. Bakkt Futures Contract...
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Bitcoin ATM Robbed: Thieves Forgot The Most Importnat Thing

More and more Bitcoin ATMs are popping up around the world and sometimes they become a target of wrongdoers. A couple of thieves recently robbed a Bitcoin ATM in Canada. They took around $3,000 out of the machine and what is more interestingly – forgot to take the remaining $37,000. Bitcoin ATM Robbery In Canada...
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Bloody Thursday: Bitcoin Plunges $800 Today, Back To October Lows

Volatility is back in the cryptocurrency market but unfortunately, this time, the prices went south. Bitcoin lost almost $800 in today’s trading session, dragging the entire market down with it. BTC’s dominance, however, remains untouched, meaning that altcoins are still unable to capitalize on the sudden drop. Bitcoin Plunges $800 In Hours Bitcoin’s price took...
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Weekend Digest: How Much Bitcoin Is Enough For Retirement In 5 years?

You can retire today on 20-30 BTC depending on where you live 1 BTC, 32 ETH: it’s important to diversify Don’t count on Bitcoin to retire Is there a right answer or it’s all individual? Bitcoin’s price has always been a hot topic within the cryptocurrency community. There are plenty of predictions on what it...
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