Crypto-winter is over, claims Bitfinex’s former Chief Strategy Officer

The collective crypto market has surpassed $250 billion and analysts have been quite optimistic about the overall cryptocurrency scenario. As Bitcoin continued to demonstrate gains lately and staying above the $7,500 level, a unified voice from the community echoed the end of the “crypto winter”. The former Chief Strategy Officer of Bitfinex Phil G. Potter also believes that the bear […]

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Bitcoin Rises Back To $8,000+

Bitcon, which fell down sharply from record heights last week, almost regained the lost ground by gaining nearly $1000 in the last seven days. From lower levels, the most popular cryptocurrency rose across the $8000 mark Friday, and is trading at $8119 on Coindesk at the time of writing this. Bitcoin gained more than 4 percent, or $342, within the […]

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Tim Draper: Bitcoin Presents Enticing Proposition for Investors Bored with Over-regulated Public Market | BTCMANAGER

Billionaire venture capitalist Tim Draper says lack of “exciting” volatility in the initial public offering (IPO) market could see an influx of investors to bitcoin (BTC) and other cryptocurrencies. Speaking to CNBC, Draper also echoed the familiar sentiment of cryptocurrency and blockchain technology being akin to the early days of the Internet era. Boring Public Markets Could Trigger Pivot Towards […]

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Regulators Target Cryptocurrency Mixers Under Notion of AML | BTCMANAGER

The Dutch Fiscal Information and Investigation Services (FIOD) in association with Europol and Luxembourg police have cracked down on Bestmixer, one of the largest cryptocurrency mixing services in the world.  Mixing is a process whereby one can necessarily throw in tainted funds that are identifiable with criminal activity and receive untainted coins to obscure the trail. Authorities Ramp up AML […]

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Cryptocurrency Daily Roundup – May 23

Here is a summary of some of the select stories on cryptocurrency and blockchain during the past 24 hours. New York Supreme Court Grants Bitfinex Stay Of Document Demands From NYAG Cryptocurrency exchange Bitfinex, and its affiliated stablecoin issuer Tether, announced that the New York Supreme Court has granted its motion for an immediate stay of the document demands from […]

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NYMEX Trader Predicts BTC to move back to $7,000 and Consolidate Soon

With Bitcoin currently on the slide, losing $14 billion off the total cryptocurrency market cap, a  cryptocurrency trader at the New York Mercantile Exchange (NYMEX) said that Bitcoin will likely move back to $7,000 and consolidate soon. Anthony Grisanti of NYMEX has predicted that Bitcoin’s price will soon be heading back towards the $7,000 range after spiking towards $8,300 in […]

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