Op Ed: Bitcoin Is Turning Left vs. Right Into Big Data vs. Privacy

The political spectrum is usually divided into four main categories: libertarian left, authoritarian left, libertarian right and authoritarian right. Those on the left prefer a more controlled economy, while those on the right have a preference for free markets. Libertarians tend to promote more liberal social policies, while authoritarians want to control what people do ...

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Binance Delists Bitcoin SV

The cryptocurrency exchange Binance is officially removing Bitcoin SV (BSV) from its trading options, according to a company blog post.The delisting comes after Binance CEO Changpeng Zhao (aka CZ) threatened to delist the Bitcoin Cash fork coin in response to Craig S. Wright, the coin’s creator, threatening Lightning Torch prometheus Hodlonaut with a lawsuit. Craig Wright is not Satoshi.Anymore of ...

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Bitcoin Price Analysis: Selling Pressure Leaves Macro Level Untested

Summary:The bullish market structure that we have established over the last couple of weeks remains intact, despite the strong round of selling that the bitcoin market saw a couple of days ago.The weekly 50 exponential moving average (EMA) is currently in the process of being tested but the market has been unable to close a weekly candle above it.The intraday ...

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As Supply Exceeds Demand, Mining Price War Ignites in Sichuan

This article was originally published by 8btc and written by Chloe Jiang.The former director of Bitmain’s mining farm, a leading bitcoin mining operation, once said the wet season may not be as much of a boon for miners as many thought. As he expected, mining farms in Sichuan currently report that the supply of slots for mining equipment has far ...

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Bitcoin Trader Sentenced to Two-Year Prison Term

Bitcoin trader Jacob Burrell Campos was sentenced on April 8, 2019, to serve a two-year prison sentence and to forfeit more than $800,000 “for operating an unlicensed money transmitting business.”The U.S. Department of Justice (DOJ) announced the conclusion of this case on its official website, claiming that Campos had already been in custody without bail for eight months prior to ...

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Vidi, Vici, Satoshi: The Lightning Torch Has Reached Its Final Destination

The Lightning Torch, a Lightning Network payment that has been forwarded to bitcoiners around the world via Twitter, has run its course and reached its end in the charitable hands of Bitcoin Venezuela.It’s grown a lot since we last covered it in February. In fact, the term “Torch” doesn’t seem to do it justice anymore. At this point, it could ...

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With Latest Partnership, Ledger Vault Offers a Fix to Crypto’s Custody Problem

Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server).In fact, you could rightly say that what makes crypto, well, crypto actually makes them nervous. Unlike ...

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Craig Wright Threatens Libel Suit In Letter to Bitcoiner, Demands Apology

Craig S. Wright has officially taken the first steps in a legal action against a member of the Bitcoin community, according to a letter shared with Bitcoin Magazine.The self-described Satoshi Nakamoto and Bitcoin SV creator has threatened to sue Hodlonaut, the creator of the Lightning Torch, for a series of tweets labeling him a “fraud” on Twitter. Following the forksplit ...

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Coinbase Introduces Debit Card Linked to Cryptocurrency Balances for U.K. Customers

Major U.S.-based crypto platform Coinbase has launched the Coinbase Card, a debit card that lets U.K. customers make purchases online and in-store using cryptocurrency.The new card will link the customers' crypto balances held on the Coinbase platform with their debit cards — converting crypto holdings into fiat currencies to complete each transaction.The Coinbase card gives users the ability to make ...

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Bittrex Goes on the Offensive After BitLicense Rejection

Bittrex, a United States–based cryptocurrency exchange platform, has issued a response to the recent setback in its plans to expand to New York.Yesterday, the New York State Department of Financial Services (NYDFS) rejected the exchange's BitLicense application, a requirement for offering crypto-based services to New Yorkers.NYDFS also published a letter addressed to Bittrex CEO Bill Shihara, where it cited inadequate ...

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