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Two 60-year-old terrorist suspects who threatened for a BTC ransom arrested by authorities in Ukraine 

Local authorities have detained two suspects who demanded that 50 bitcoin be sent to their addresses or they will blow up locations all across Kyiv. In this case, the suspects used a QR code to do their bidding: Local authorities in Ukraine have detained two 60-year-old suspects who had earlier demanded that 50 bitcoin be sent to their wallet addresses or they will blow up strategic locations all across the capital city of Ukraine, Kyiv. In this case, the suspects used a QR code to do their bidding: “In particular, the attackers demanded to transfer 50 bitcoins with an estimated...

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BTC/USD Bulls to Stampede Above 11420? Sally Ho's Technical Analysis 31 July 2020 BTC

Bitcoin (BTC/USD) extended its gyrations around and above the 10500 level early in today’s Asian session as traders wait to see if the pair is able to move above its recent high of 11420.00, its strongest print since August 2019.   During this recent move to a fresh 2020 peak, Stops were elected above the 11026.97, 11115.62, 11340.92, 11399.17, and 11407.81 areas.  Upside price objectives include the 11510.44 and 11604.29 areas.  Recently, traders have lifted the pair above some historical levels of technical significance including the 9532.39, 9772.95, 9948.12, 10260.38, 10276.29, 10354.90, 10615.49, 10647.72, and 10816.43 levels.  Following BTC/USD’s move higher to the 11420.00...

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Most Bitcoin Traders Will Always Be Wrong

Bitcoin traders like to go with the popular opinion more than traders in any other market. FOMO and FUD are strong influences in this market and this is why we see strong moves in this market as well. Most traders stack up so heavily on the long or short side that it creates an enormous honey pot that is irresistible for the market makers and whales. At the moment, FOMO is near all-time high and everyone is crazy about Bitcoin shooting to a new all-time high. The market makers and whales will do their best to make sure the retail...

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Bybit Diverts $110,000 to UNICEF from 200 BTC World Series of Trading Prize Pot

Bybit has announced it will make a donation of 10 BTC to UNICEF. The Singapore-based exchange confirmed the philanthropic gesture in concert with its tentpole campaign, the World Series of Trading (WSOT).  Cryptocurrency derivatives exchange Bybit has announced it will make a donation of 10 BTC to the United Nations International Children's Fund (UNICEF). The Singapore-based exchange confirmed the philanthropic gesture in concert with its tentpole campaign, the World Series of Trading (WSOT).  The trading competition is grabbing significant interest, thanks in no small part to its grand prize pool of 200 BTC, worth a cool $2 million at time...

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Iran gives the go-ahead for bitcoin mining through industrial power plants

It was recently announced by Iran that they have given the green light to industrial-scale power plants in the country to operate as bitcoin miners.  But this will only go ahead if they don’t use subsidised fuel. It was recently announced by Iran that they have given the green light to industrial scale power plants in the country to operate as bitcoin miners. But this will only go ahead if they don’t use subsidised fuel. Mostafa Rajabi Mashhadi, the deputy managing director at Iran is power generation Tavanir recently gave a statement on the issue earlier this week on the...

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