This Late Night Host Just Exposed Millions to Bitcoin, Again

Bitcoin is going mainstream. Kinda. It’s going mainstream in a weird twisted and sadistic way, anyway. On the Friday night episode of The Late Show with Stephen Colbert, hosted by, uh, American comedian and personality Stephen Colbert, brought up the leading cryptocurrency, thrusting Bitcoin into the brain of millions in a weird way. Related Reading: Crypto Tidbits: Elon Musk Pokes Bitcoin Bear, Japanese Giants Delve Into Cryptocurrency Mining, Baidu’s Blockchain Beta Bitcoin, a Black Market Fiat Money? In this latest episode of Colbert’s show, he used Bitcoin, specifically the sometimes shady…

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This Simple Observation Suggests Bitcoin is About to Go Parabolic

Ever since Bitcoin (BTC) started declining last July, falling as low as $6,400 by the middle of December, analysts have been wondering when bulls are going to step in and push cryptocurrencies higher once again. According to a simple observation of Bitcoin’s historical market cycles, the next parabolic rally could start soon. Very soon. Related Reading: Why Analysts Think Bitcoin Price On Verge of Crash to $6,000 Bitcoin Halving to Boost Prices Pre-Event, Historical Data Suggests Cryptocurrency analyst Nunya Bizniz recently made an eerily bullish observation about Bitcoin. He noted that…

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Crypto Tidbits: Elon Musk Pokes Bitcoin Bear, Japanese Giants Delve Into Cryptocurrency Mining, Baidu’s Blockchain Beta

Another week, another round of Crypto Tidbits. The second week for the year 2020 was a lot more exciting for Bitcoin and the broader cryptocurrency space than the first. Per data from Coin360, the leading digital asset, BTC, gained 10% on the week, hitting $8,160 as of the time of writing this. Altcoins across the board have posted similar gains, with forks Bitcoin Cash, Bitcoin SV, and Litecoin really standing out.  Market aside, the underlying industry was as busy as ever, with there being a number of stories published over the…

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Here’s Why a Visit to This Key Bitcoin Support Level Could Spark a Major Rally

Bitcoin has been hovering within the lower-$8,000 region for the past day, struggling to gain any significant momentum as the resistance between its current price and $8,400 continues to absorb the majority of BTC’s buying pressure. Analysts are noting that Bitcoin may have to drop to a critical support level before it can muster up enough buying pressure to spark the next sustainable rally, which could lead the cryptocurrency to set fresh multi-month highs. Bitcoin Struggles to Gain Momentum as Analysts Anticipate Near-Term Downside At the time of writing, Bitcoin…

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Goodbye 100x: Japanese Gov’t to Limit Bitcoin Margin Trading Leverage to Just 2x

Margin trading has arguably been one of the most popular features of the crypto markets that has drawn in floods of traders over the past few years. These traders are lured by the ability to trade the already volatile assets like Bitcoin with leverage as high as 125x on some platforms. Analysts have noted that the massive amounts of margin readily available to traders is one factor that has been driving the market’s volatility, as it allows users to magnify their positions without having to risk a significant amount of…

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News 

Mining Report Highlights China’s ASIC Manufacturing Improvements and Dominance

During the first month of the new year, the research firm Tokeninsight published its “Mining Industry Annual Research Report,” which covers the competitive bitcoin mining sector. Tokeninsight’s study highlights the fact that BTC’s hashrate increased by 80% in 2019, even though BTC’s year-over-year average price dipped by 1.9%. Tokeninsight’s report also notes that more than 73% of the market share of ASIC mining hardware stems from China. Also Read: Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China SHA-256 Hashrate Grows 80%, ASIC Hardware Improves, and 70% of the…

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Independent Report Declares News.Bitcoin.com the Top Crypto News Site

A new research report from BTC Peers has ranked 145 crypto news websites for quality. It analyzes scores of benchmarks including average visit duration, bounce rate, and number of backlinks. The report features the usual suspects in its top 10, including Coindesk at number three and Cointelegraph at two. Top of the list, however, is news.Bitcoin.com. Also read: Court Gives Craig Wright More Time to Await the Mysterious Bonded Courier The Best 145 Crypto News Websites of 2019 The cryptosphere is filled with news sites that cover multiple cryptocurrencies, ecosystems,…

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Court Gives Craig Wright More Time to Await the Mysterious Bonded Courier

10 days after the Tulip Trust expired, new court filings have appeared in the billion-dollar Kleiman v. Wright lawsuit. One document describes the professed existence of a Tulip Trust III, which was shown to the plaintiffs on January 6, 2020. Another filing shows that Judge Beth Bloom has affirmed part of the sanctions against Craig Wright and dropped other sanctions if the bonded courier arrives by February 3, 2020. Also read: Scottish Novelist Andrew O’Hagan Asked to Testify in Kleiman v. Wright Lawsuit The Tulip Trust III The Kleiman v.…

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EU Countries Commence Crypto Regulations as Mandated by New Directive

The European Union’s 5th Anti-Money Laundering Directive mandates that member states start regulating crypto assets by Jan. 10. Crypto exchanges and custodial wallet providers are now covered by the same regulatory requirements as banks and other financial institutions. Also read: Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese Laws EU’s Regulatory Deadline: Jan. 10 The 5th Anti-Money Laundering Directive (AMLD5), which amends the 4th Anti-Money Laundering Directive, extends the EU’s anti-money laundering and counter-terrorism financial rules to virtual currencies. The amendment was published in the Official Journal of…

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Hacker Group Lazarus Uses Fake Exchanges, Telegram Groups in Latest Malware Attacks

A new report shows that North Korea-linked Lazarus Group has adapted and evolved new techniques since initial attacks, and are using phony trading platforms linking to Telegram channels which distribute malware, as well as making their malware more stealthy by “adding an authentication mechanism in the macOS,” amongst other tactics. Since the group’s infamous previous campaign, ‘Operation Applejeus,’ victims have continued to lose bitcoin to the scams, and the report helps identify ways users can avoid falling prey to the traps. Also Read: Problems Escalate in Venezuela as Millions Rush…

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