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Bitcoin ETF Delay Destroys BTC, XRP, BCH And ETC

The markets are falling hard today. We are seeing all major cryptocurrencies falling at a rapid rate, way down from their values over the previous 24 hours. We aren’t worried about this though. We know what has caused the drop - a decision made by the United States Securities and Exchange Commission (SEC) to delay their impending decision regarding the approval (or disapproval) of a Bitcoin Exchange Traded Fund (ETF). The original deadline was set for this Friday, yet their brief did allow for an additional 45 day extension to be issued, this now seems to be the case and...

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Finally, Proof That Bitcoin Isn’t For Criminals

It is rare to see a large government agency speak kindly about Bitcoin, yet today for the first time (ever, I think), the United States Drug Enforcement Administration (DEA) have spoken out about Bitcoin stating that now, within the DEA’s remit, instances of Bitcoin being used within criminal activity have dropped. This is significant given that just five years ago, the DEA stated that 90% of cases investigated by the DEA also involved some sort of illegal activity funded by Bitcoin. According to reports, new findings by the DEA state that less than 10% of investigations now find that Bitcoin...

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Have You Heard? $60K Stolen In Latest Bitcoin Hack

Bitcoin hacks are seemingly more and more sophisticated by the day. I see it like this, for every ‘level up’ the technology industry reaches, the criminal underworld seem to get a multiplier and level up twice as fast. Hackers are always two steps ahead of the game. There’s a chance that the hackers all work for the people supposedly bolstering the security of technology, but that’s an argument for another day, though it does almost justify this strange and infuriating correlation. News of the latest hack type, that is alleged to have drained $60,000.00 comes from Securityintelligence.com, a website managed...

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Bitcoin Sets New All Time High… Hashrate

Just to clarify, Bitcoin HAS NOT set a new all time high value, of over $20,000.00, so don’t start selling off just yet. According to new reports though, via data on the Bitcoin network, Bitcoin has set a new all time high hashrate, in line with a huge surge in the dominance of Bitcoin. This is exciting for a number of reasons. Before yesterday, the all time high hashrate for Bitcoin stood at 43 quintillion per second, (43 million to the power of five), however, yesterday, this hashrate reached an all time high of 52 quintillion per second. If you’re...

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Why A Ban Of 3D Printed Weapons Is Not A Threat To Bitcoin

I can’t really believe that we are writing this, but, according to a report by Coindesk, the recent ‘block’ of a file containing code for the production of a 3D printed gun, by Defence Distributed in Texas has been compared to an assault on the freedom of speech, as code and thus, has been outlined as a threat to Bitcoin and cryptocurrency. Before we begin, I am going to explicitly state that the prevention of banning the home production of a 3D printed weapon is not a threat to Bitcoin. This isn’t banning ‘the freedom of speech’ this is actually...

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