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Bitcoin Stalls Below $39K As Polkadot Surges to $15 And Becomes 4th Largest Crypto (Market Watch)

Bitcoin has stopped working to break above $40,000 once again and has actually stalled below $39,000. The altcoin scenario is significantly more unpredictable, with Ethereum leaping north of $1,200 and Polkadot going beyond XRP as the fourth-largest crypto following a 30% surge. ETH Above $1,200, DOT Takes The 4th Spot The alternative coins showed high volatility levels in the…

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Grayscale Investments liquidates all of its XRP… while it still can

Institutional crypto-fund supervisor Grayscale Investments has actually begun the dissolution of its XRP Trust in action to the Security and Exchange Commissions December 2020 suit declaring the XRP token is a security under U.S. law. According to an announcement published Wednesday, Grayscale chose to liquify the trust in response to the spate of XRP delistings from significant crypto-asset exchanges…

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Why AQR’s Asness Is Still ‘Cynical’ on Bitcoin

By: Bloomberg Markets and FinanceTitle: Why AQRs Asness Is Still Cynical on BitcoinSourced From: www.youtube.com/watch?v=MMJAF35H0IQ.video-container position: relative; padding-bottom: 56.25%; padding-top: 1px; height: 0; overflow: hidden;. video-container iframe,.video-container object,.video-container embed Check out More

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SolidX files lawsuit against VanEck alleging Bitcoin ETF ‘plagiarism’

Global investment management company VanEck, is facing a lawsuit from blockchain company and former-partner SolidX over a Bitcoin ETF that VanEck declared SEC approval less than two weeks back. In 2017, VanEck became the very first business to apply for a Bitcoin exchange-traded fund registered under the Investment Company Act, while SolidX has been working to bring a Bitcoin…

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Founder of a $147M Crypto Ponzi Scheme Sentenced to 10 Years in Prison

Recently, US authorities extradited from Panama the co-founder of a significant crypto Ponzi scheme AirBit Club, Gutemberg Dos Santos. He and his partners allegedly plucked their victims with about $20 million. Operators of the crypto fraud ran incorrect advertisements, promising users significant rewards from Bitcoin trading and mining. Central District Court in California sentenced GemCoin founder Steve Chen to…

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Analysts say Bitcoin price drop to $30K was ‘healthy and necessary’

Bitcoin rate vs. everyday sentiment. Source: TheTIE. According to Joshua Frank, CEO and founder of TheTie, an alternative data social analytics platform, the lack of Bitcoin Twitter mentions in December 2020 indicates that a small number of large financiers were driving the rate gains. In private comments to Cointelegraph Frank stated:. ” On January third, both Bitcoin and crypto…

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