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The reasons for the fall of Bitcoin and the analytics

Hello, dear members! Against the backdrop of a decrease in the Bitcoin rate below the psychological mark of $ 6,500 on June 13, the continuing fluctuation in the range of $ 6,100 to $ 6,490 per coin, and also in accordance with your requests and appeals to the Company’s support service, we are hurrying to […]

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HYIP News Weekly Report

(1) Westlandstorage Westlandstorage has been online since 14th April 2018, till now is 61 days. My last withdrawal is yesterday, it is instant as usual. I can’t withdraw today, because the minimum amount for withdrawal is 0.001BTC and my balance is not enough now. This program looks professional, if interested, you can register and join with […]

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Ripple CEO Claims Bitcoin Is Under Control of Small Group of Miners From China

Ripple’s CEO Brad Garlinghouse said that “Bitcoin is really controlled by China,” speaking at the 2018 Stifel Cross Sector Insight Conference in Boston, financial news outlet TheStreet.com reported June 12. In a recent interview with Stifel Tech Analyst Lee Simpson, Garlinghouse delved into a number of topics related to blockchain technology and the crypto world, and claimed that BTC is under […]

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China as a Prime Example of “Blockchain Before Bitcoin” Policy

Last week, China’s president Xi Jinping took Blockchain-oriented domestic politics to another level: the country’s leader mentioned blockchain as “a part of technological revolution”. The sentiment was then picked up by China’s largest TV broadcaster, as the viewers were told that “the value of blockchain is 10 times that of the internet”. Besides the high praises […]

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Colombian Banks Close All Accounts of S. American Crypto Exchange Buda

Colombian banks closed all the accounts of South American crypto exchange Buda.com, local news outlet Diario Bitcoin reported June 8, citing an email the company sent to its clients. According to the email, the move was spontaneous, the banks confirming that the accounts had been closed without providing further explanation. The crypto exchange reported soon after the […]

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Governor of Connecticut Signs Blockchain Working Group Bill Into Law

Connecticut governor Dannel Malloy signed SB 443 into law, which establishes a blockchainworking group to study the technology, according to public documents June 6. The working group is also tasked with shaping a plan to “[foster] the expansion of the blockchain industry in the state.” The bill accordingly passed both legislative houses last month in a unanimous vote. In order […]

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WSJ: CME and BTC Exchange Dispute Led US Regulators to Open Price Manipulation Probe

Regulators from the US Commodity Futures Trading Commission (CFTC) reportedly demanded extensive trading data from several cryptocurrency exchanges, people familiar with the matter told the Wall Street Journal June 8.  Regulators requested data in order to investigate whether manipulation might be compromising prices in digital currency markets. The probe followed the launch of Bitcoin (BTC) futures by CME Group in December last year. […]

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SEC: US Crypto Exchanges Not ‘Enthusiastic’ Enough About Regulatory Compliance

The U.S. Securities and Exchange Commission (SEC) said it was “underwhelmed” by regulatory adherence among cryptocurrency exchanges in fresh comments June 6. Speaking to CNBC, Brett Redfearn, the SEC’s Director of Division of Trading and Markets, suggested exchanges that offer trading in tokens issued in Initial Coin Offering (ICO) – which may constitute securities under U.S. law – were reluctant to […]

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Polish Financial Authority Says Crypto Trading Is Legal in Wake of Anti-Crypto Campaign

The financial watchdog of Poland has recently affirmed that cryptocurrency trading is completely legal in the country, according to an official announcement published on its website June 6. In its recent move, the Polish Financial Oversight Commission (KNF) sought to clarify the status of cryptocurrencies and crypto trading, “recognizing the emerging legal doubts related to the functioning of exchanges […]

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Quebec Halts Crypto Mining Electricity Requests Amid Huge Demand, Forms New Framework

Major Canadian electricity provider Hydro-Québec will temporarily stop processing requests from cryptocurrency miners in order for the company to fulfil its obligations to supply energy to the entire province, according to a press release published June 7. Hydro-Québec is experiencing “unprecedented” demand from blockchain companies, which reportedly exceeds the electric utility’s short and medium-term capacity. In this regard, the Quebec provincial […]