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Winklevoss Twins Instructed To Pay $45k To Charlie Shrem

Cameron and Tyler Winklevoss are two of the biggest names in the cryptocurrency space who famously become two of the first Bitcoin billionaires during the rise of cryptocurrency. The twins have now been ordered to pay back $45,000 in legal fees sparked by the entrepreneur Charlie Shrem as part of an ongoing lawsuit that alleges he failed to broker a series of promised cryptocurrency purchases on their behalf. For those that don’t know, Charlie Shrem is an entrepreneur and an advocate for Bitcoin. In 2011 he co-founded the now-defunct startup company BitInstant and is one of the founders for the...

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OpenNode Explains Why They’re A ‘Bitcoin Only’ Company

Being a “bitcoin only” company is no longer as frowned upon as it was during the ICO hysteria of 2017, and it’s possible that the “bitcoin maximalist” position is a more moderate position than many people once thought. One of the relatively new companies to be branded with the bitcoin maximalist label is OpenNode. Recently, OpenNode’s Rui Gomes and João Almeida were interviewed on the Stephan Livera Podcast, and they explained the reasoning behind their philosophy of avoiding altcoins. What is OpenNode? According to Gomes and Almeida, the main goal for OpenNode right now is to make the acceptance of...

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Major Financial Markets Hint At Promising Outlook For Bitcoin (BTC)

Bitcoin (BTC) is trading sideways once again as price prepares to make its next big move. The reason we are seeing this sideways consolidation is because major movements on BTC/USD often coincide with movements on major financial markets. For instance, the sharp decline of December, 2018 in BTC/USD had a lot more to do with the decline in S&P 500 (SPX) than Bitcoin (BTC) itself. The cryptocurrency market is still in its infancy and thus has to look up to major financial markets for direction. The stock market is going to play a pivotal role in the next financial crisis....

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Proof That BTC ETF Is Just Around The Corner

One of the SEC commissioners has said that the Bitcoin ETF will finally be getting approved in a recently leaked interview with Congressional Quarterly Inc. Before today, the general consensus was whether or not the Securities and Exchange Commission would adopt the Bitcoin ETF, but now that has changed as it is now a matter of when they will adopt it. Congressional Quarterly, sometimes known as CQ, is part of a privately owned publishing company called CQ Roll which produces several publications reported primarily on the United States Congress. The draft copies of the interview were shared of social media...

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CZ Doesn’t Believe Bitcoin ETF Is Core For Cryptocurrencies Growth

Earlier today, the CEO of Binance, Changpeng Zhao (CZ) held his first live Q&A stream through Periscope. There were several questions prepared for CZ by his team before the stream went live. The whole Q&A stream went on for just over 45 minutes in which he discusses the Binance Chain and exchange, the future of Ripple, decentralisation and the Bitcoin ETF. Binance Chain The first question that CZ was asked was in regards to the number of validator nodes that the Binance Chain be able to run. To this, the CEO responded: "I think for the testnet, we elect to...

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