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Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.Read disclaimer ‘Bond King’ Jeffrey Gundlach: Stock Market Will Crack Pretty Hard, Bitcoin Good Inflation Hedge Doubleline Capital’s CEO, the billionaire “bond king” Jeffrey Gundlach, has predicted that the stock market is going to “crack pretty hard.” While he is bearish on the stock market and long-term bonds, Gundlach says bitcoin and gold are good for …read more.Every Major Bank Will Have Exposure to Bitcoin, Says Renowned Fund Manager Bill Miller Veteran investor Bill Miller says that all major banks, investment banks, and high net worth firms will eventually have some exposure to bitcoin or something like it.
He said that bitcoin’s staying power is getting better every day.Bill Miller’s …read more.A Look at ‘Individual X’ and the Seized Stash of Silk Road Bitcoins Worth $1 Billion On November 3, 2020, the cryptocurrency community noticed that one of the largest addresses holding 69,369 bitcoins from the Silk Road were transferred.Following the onchain movement, the U.S.government revealed it had seized the coins from a person they …read more.JPMorgan’s Analysis Shows Institutional Investors Moving From Gold ETFs to Bitcoin JPMorgan has highlighted evidence of institutional demand for bitcoin and investors moving from gold exchange-traded funds (ETFs) to the cryptocurrency.
The firm points out that bitcoin demand is driven not only by younger retail investors but also by institutional investors, …read more.’Dr Doom’ Nouriel Roubini Admits Bitcoin May Be a Store of Value, Sees Big Revolution in Central Bank Digital Currencies Economist Nouriel Roubini, also known as “Dr.Doom,” has admitted that bitcoin may be a store of value.Roubini sees a “big revolution” coming in the next three years due to central banks launching their own digital currencies.Nouriel Roubini …read more.$100K Bitcoin: S2F Author Confident With His Model, Suggests Six-Figure BTC Price by 2021 Not too long ago, the author of the controversial bitcoin stock-to-flow (S2FX) price model said that the model was “perfectly on track.” On Sunday, November 8, the S2FX creator known as “Plan B” reiterated his belief in the model and …
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Former Microsoft Engineer to Serve 9 Years in Prison in a Case That Involves Use of Bitcoin Mixers A U.S.court in Seattle has sentenced a former Microsoft engineer to 9 years in prison after finding him guilty of 18 federal felonies relating to his elaborate scheme to defraud the tech giant $10 million.In passing the judgment, …
read more.Billionaire Stanley Druckenmiller Owns Bitcoin, Sees Attractive Store of Value That Could Beat Gold Billionaire investor Stanley Druckenmiller has revealed that he owns bitcoin, calling it an asset class that has a lot of attraction as a store of value and could be better than gold.Stan Druckenmiller Owns Bitcoin Stanley Druckenmiller revealed on …read more.
Erratic Processing Power: Bitcoin’s Hashrate Gains 45% in a Day, Then Loses 41 Exahash Seven days ago Bitcoin’s network difficulty saw the largest drop in nine years as it slid over 16% last week.Similar to the crypto asset’s price, the hashrate has been extremely volatile according to statistics.After dropping to 111 exahash …
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Major Chinese Bank Selling Bonds Worth $3 Billion for Bitcoin China Construction Bank, one of the “big four” banks in China, is selling $3 billion in bonds that can be paid for with bitcoin.The bonds will be listed on a regulated Malaysian digital asset exchange.Beijing-based China Construction Bank …read more.
Ethereum Suffers from Unintended ‘Chain Split,’ Third-Party Services ‘Got Stuck on Minority Chain’ According to a number of third party infrastructure providers, the Ethereum blockchain suffered an unintended hard fork or chain split on Wednesday.The service providers Infura, Binance, and Blockchair all reported issues with consensus at block height 11,234,873.The cryptocurrency …read more.Hackers Have Stolen $100 Million From Defi Projects This Year Hackers have stolen $100 million from decentralized finance (Defi) projects so far this year, according to a new report.Defi accounted for 50% of all hacks and thefts in the second half of the year.Defi Hacks on the Rise …read more.
Televend’s Complex System of Telegram Drug Bots Swell as German Police Seize 9 Telegram Drug Channels During the last few months following the departure of the infamous Empire darknet market (DNM), a great number of DNM users have been flocking to alternative vendors.
More recently, a new bot service on Telegram called Televend has been attracting …
read more.Report: Blockchain Price Oracle Manipulation Produces Millions in Losses, Shows No Signs of Slowing On November 9, a writer from the website samczsun.com published a report that shows a number of issues with price oracle manipulation stemming from a few blockchain applications.The researcher notes that price oracle manipulation has resulted in “over $30 …read more.
A New Bitcoin Mining Pool Claims It Has Tools to Censor Blockchain Transactions A blockchain and technology company claims its new bitcoin mining pool is embedded with tools that enable the pool to censure transactions in the blocks they mine.According to a statement issued by the DMG, the parent company to Blockseer …
read more.The ‘Undo Button’ Wallet Tool Gives Users the Ability to Reverse Ethereum Transactions On Thursday, November 12, 2020, the blockchain firm Kirobo launched a tool that allows users to reverse ethereum transactions.Similarly to the replace-by-fee (RBF) protocol leveraged by bitcoin users, ethereum transactions can be reversed as well with Kirobo’s “Undo Button” …read more.Paypal Opens Crypto Services to Millions of Eligible Account Holders in the US Payment processing giant Paypal announced on Thursday that “all eligible Paypal account holders in the U.S.can now buy, hold, and sell cryptocurrency directly with Paypal.” The news follows the company’s announcement to support crypto assets at the end of …read more.
Chainalysis Launches Program to Store and Sell Seized Crypto Assets for Governments The blockchain intelligence and surveillance company Chainalysis revealed the launch of a new program that aims to help governments and insolvency practitioners sell seized cryptocurrencies.
The news follows the recent U.S.government seizure of more than 69,000 BTC worth over …read more.Russia Proposes New Rules and Penalties for Cryptocurrency Owners The Russian Ministry of Finance has developed new amendments to the country’s cryptocurrency regulation.
The proposal outlines a new set of rules for crypto owners, exchanges, and miners, as well as penalties for undeclared crypto transactions.Russia’s New Crypto Regulation …read more.The Latest.
