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Shamed Bitcoin Fraud Alexander Vinnik Sent To Russia

The Supreme Court in Greece has allowed the Bitcoin fraud suspect Alexander Vinnik to be sent to Russia. There are also rumours that Vinnik has beneficial information for US special counsel Robert Mueller as he looks into the alleged meddling in the Russian election. In July 2017, Vinnik was arrested in Greece and allegations at the time suggested he had Bitcoins which might be related to the MT. Gox hack back in 2013. The FBI later took down the BTC-e exchange in July. Now reports have said that the Greek Supreme Court has chosen to send Vinnik back to Russia...

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Mind Behind Bitcoin ATMs Develop Marijuana Dispensaries

Marijuana is an ever-growing industry where even some authorities have backed away from it. Nevertheless, in combination with credit card businesses and banks denying to provide services to many companies, limits have been put in place which has given alternative systems a great chance to prove themselves. Specialised ICO projects, Themed altcoins and other crypto related start-ups have tried to fit into a niche. The latest one is a Bitcoin ATM development with a payment solution for dispensaries. Virtual Crypto Technologies Ltd, a developer of Bitcoin ATMs and cryptocurrency point of sales based in Israel have revealed a proprietary crypto...

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Starbucks, Microsoft Back Bitcoin ETF And Stakes Are Huge

Investors may want to mark their calendars on Sept. 30 and Nov. 5 for potential spike in Bitcoin's value because wider acceptance of BTC could be on the line. On Sept. 30, the Securities and Exchange Commission (SEC) will rule on whether to approve the VanEck SolidX Bitcoin Trust Exchange Traded Fund (ETF). (Here's their application.) This year, the U.S. financial regulator disapproved prior ETF applicants but there's mounting pressure from Corporate America to bring cryptocurrency to the masses. And with business-friendly President Donald Trump occupying the White House, the SEC could lend a sympathetic ear to groups that bring...

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Bitcoin (BTC) Faces Rejection At 21 Week EMA, But Finds Strong Support At 21-Day EMA

Bitcoin (BTC) is an interesting point. The price has just found a strong resistance at the 21 Week EMA shown on the BTC/USD weekly chart above, but it has also found a strong support at the 21 Day EMA. What does this mean for Bitcoin (BTC)? If both of these 21 EMA resistance and support hold strong for the weeks ahead, this means that Bitcoin (BTC) will enter a phase of consolidation before its next move. If that were to happen at this stage, it will be a very bullish development for Bitcoin (BTC) as the price will consolidate all...

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Bitcoin Hits $24000 In Iran As Government Recognises Crypto Mining As An Industry

Recently, Iran have announced that they will start to recognise cryptocurrency mining as an industry. This comes after an increased pressure on the country by the United States changing the economic sanctions. Along with this news comes the price of Bitcoin on the Iranian exchanges. He Price of Bitcoin in Iran is around $24000 at the time of writing. The exchange platform in Iran, Exir has reported that a price of 1,020,000,000 IRR for just one Bitcoin. This brings the value of Bitcoin above the previous all-time record of $20,000 in Iran. The Central Bank of Iran is ready to...

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