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High-Frequency Trading Is Newest Battleground In Crypto Exchange Race (#GotBitcoin)
High-frequency trading (HFT), a longtime and controversial practice in traditional markets, is becoming commonplace in crypto, too. High-Frequency Trading Is Newest Battleground in Crypto Exchange Race (#GotBitcoin) Placing trading servers physically close to exchanges’ matching engines can win an edge on speed. This helps HFT firms make large profits in…
Bitcoin Back Near $12K as BTC Shorters Lose $44 Million in One Morning (#GotBitcoin?)
Bitcoin price (BTC) reached $12,000 on some exchanges on July 8 after a fresh uptick saw daily gains top another 6%. Bitcoin Back Near $12K as BTC Shorters Lose $44 Million in One Morning (#GotBitcoin?) Data showed BTC/USD just hit its latest significant psychological level in trading at press time,…
As Deutsche Bank Axes 18K Jobs, Bitcoin Offers A ‘Plan ฿”: VanEck Exec (#GotBitcoin?)
Deutsche Bank taking an axe to 18,000 jobs and winding down its investment banking arm paints a bleak picture of traditional finance at a time of booming growth for crypto. As Deutsche Bank Axes 18K Jobs, Bitcoin Offers A ‘Plan ฿": VanEck Exec (#GotBitcoin?) As reported by Reuters on July…
Ultimate Resource For Globally High Trading Volume On LocalBitcoins (#GotBitcoin?)
Trading volume on Finnish peer-to-peer (P2P) bitcoin (BTC) exchange Localbitcoins hit a high not seen since November 2018, reveals data shown on cryptocurrency analytics website CoinDance. Ultimate Resource For Globally High Trading Volume On LocalBitcoins (#GotBitcoin?) According to data from CoinDance, LocalBitcoins global weekly bitcoin trading volume hit $65.6 million…
‘I Would Buy’ Bitcoin If Growth Continues Says Investment Legend Mobius (#GotBitcoin)
Bitcoin (BTC) could win over veteran investor Mark Mobius if its current bull run continues, he told Bloomberg on July 7. ‘I Would Buy’ Bitcoin If Growth Continues Says Investment Legend Mobius (#GotBitcoin) Speaking in an interview on Bloomberg TV, Mobius, who has previously delivered critical statements on cryptocurrency, now…
Be Careful For What You Wish For As Trump Finally Gets A Weaker Dollar (#GotBitcoin?)
The U.S. currency has slipped from recent highs, and analysts say it may be in for a steady decline. Be Careful For What You Wish For As Trump Finally Gets A Weaker Dollar (#GotBitcoin?) President Trump has repeatedly bashed the dollar’s strength in recent years, only for the currency to…
Lawmakers Push For New Bitcoin Rules (#GotBitcoin?)
Some legislators see competitive advantage in fostering cryptocurrencies, blockchain sector. Lawmakers Push For New Bitcoin Rules (#GotBitcoin?) Cryptocurrency is on the agenda in Washington. The Internal Revenue Service is expected to update its 2014 guidance on cryptocurrencies in coming weeks, following an April request from a bipartisan group of 20…
Avoid State Taxes On Crypto With US Supreme Court’s Recent Trust Decision? (#GotBitcoin?)
The United States Internal Revenue Service (IRS) treats Bitcoin and other cryptos as property. That means each property transfer can trigger taxes, with a tax hit to both the recipient and the transferor. A key question is the market value at the time of the transfer. Some crypto investors put…
Facebook’s Libra Is Bad For African Americans (#GotBitcoin?)
Libra, Facebook’s attempt at cryptocurrency, has been confusing at best, disingenuous at worst. Coming from this cryptocurrency enthusiast and bitcoin owner since early 2013, it is time to dispel some common misconceptions. Facebook’s Libra Is Bad For African Americans (#GotBitcoin?) Libra Is Not A Game-Changer Will Facebook bring a lot…
California Assesses Damage After Second Powerful Earthquake Hits (#GotBitcoin?)
Gov. Newsom seeks a presidential emergency declaration for direct federal assistance. California Assesses Damage After Second Powerful Earthquake Hits (#GotBitcoin?) A magnitude 7.1 earthquake rocked southern California Friday night, sending tremors that could be felt in Los Angeles, Las Vegas, and nearly 400 miles north in Sacramento. The quake caused…
Cuba ‘Studying Cryptocurrency’ To Dodge US Sanctions, Says Gov’t (#GotBitcoin)
Cuba is the latest country to consider using cryptocurrency to skirt U.S. sanctions, Reuters reported quoting a government source on July 3. Cuba ‘Studying Cryptocurrency’ To Dodge US Sanctions, Says Gov’t (#GotBitcoin) In a public address on local television, the country’s president, Migual Diaz-Canel, said the plan would raise capital…
Crypto Firm Charity Announces Alliance To Support Feminine Health (#GotBitcoin?)
The Binance Charity Foundation (BCF) has announced a new initiative for improving feminine health. Crypto Firm Charity Announces Alliance To Support Feminine Health (#GotBitcoin?) BCF, which is the philanthropic arm of cryptocurrency exchange Binance, announced an alliance of 47 organizations to make a token geared towards women's health in a…