press release PRESS RELEASE. The ZoidPay Chrome extension will allow users to spend their cryptocurrencies on products, pay subscriptions, and even book flights with 40+ million online retailers. October 19th, 2021, Bucharest, Romania — ZoidPay has announced the launch of its Chrome Extension, allowing millions of users to shop using various cryptocurrencies with all online …
Monthly archives: October 2021
Fraud-Accused South African Bitcoin Trader to Turn Himself Over to Police: Report
Sandile Shezi, the young South African bitcoin trader who is facing fraud charges, has denied allegations he scammed shareholders in his Global Forex Institute. Shezi: Shareholders Signed Up for Education, Not Investments Despite his rejection of the allegations, a spokesperson for the country’s police told the Sunday Times newspaper that Shezi has agreed to turn …
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Morgan Creek’s Mark Yusko Issues Crypto Warning, Says Bitcoin Pullback Likely
After Bitcoin’s positive price action this month, Morgan Creek Capital Management’s CEO thinks it’s possible BTC is bracing for a short-term pullback. Mark Yusko, who also serves as chief investment officer of the investment management firm, tells CNBC in a new interview that Bitcoin faces a “buy the rumor, sell the news” risk. ADVERTISEMENT …
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XRP Has Nearly Tripled in Value Despite SEC Lawsuit Due to ‘New Phenomenon,’ Says Galaxy Digital CEO
A “new phenomenon” is helping XRP’s price thrive despite the ongoing U.S. Securities and Exchange (SEC) lawsuit against Ripple, according to Galaxy Digital CEO Mike Novogratz. On December 22nd, 2020, the SEC officially filed a lawsuit against Ripple Labs, alleging that XRP was an unregistered security upon its launch and remains a security to this day. …
ProShares Bitcoin-linked ETF launches on NYSE as BTC price rises above $63K
The first Bitcoin (BTC) futures-linked exchange-traded fund in the United States began trading on the New York Stock Exchange, opening at a price of $40 per share. According to the New York Stock Exchange, ProShares’ Bitcoin Strategy ETF, the first exchange-traded fund allowing U.S. investors direct exposure to cryptocurrency futures, opened at a price of $40 …
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Buy the rumor… buy the news? BTC price passes $63K as US Bitcoin ETF launches
Bitcoin (BTC) hit $63,000 on Oct. 19 as the debut of the first regulated Bitcoin exchange-traded fund (ETF) saw solid uptake. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView ETF launch sparks six-month BTC highs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting its highest levels since April 16 as the ProShares Bitcoin Strategy ETF …
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Melanion Capital Bitcoin ETF to launch on Euronext Paris on Oct. 22
Concurrent to the United States finally launching its first Bitcoin (BTC) futures-based exchange-traded fund (ETF) Tuesday, France inches closer to a major Bitcoin-related ETF launch. Paris-based alternative investment firm Melanion Capital is preparing to launch its Bitcoin-linked ETF product already this Friday, the firm’s CEO Jad Comair announced to Cointelegraph on Monday. Called “Melanion BTC …
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All-time highs next? Bitcoin holds $62K as the dollar index tumbles to 3-week lows
The U.S. dollar index (DXY) could continue its slide in Q4, according to a classic technical setup known as a “rising wedge.” The greenback’s bearish prospects may boost Bitcoin’s (BTC) price to new all-time highs as it holds above $62,000. DXY poised for another 1.75% drop Rising wedges are bearish reversal patterns that begin wide …
Trader Says Bitcoin Forming a Parabolic Structure, Predicts Two Large-Cap Altcoins Primed To Rally
A popular crypto analyst and trader is predicting major rallies for Bitcoin and two large-cap altcoins as the crypto markets continue to flash signs of strength. The pseudonymous trader known as Inmortal sees Bitcoin (BTC) showing signs that it is gearing up for a parabolic move. According to Inmortal, the current price action is reminiscent …
Bitcoin adoption won’t affect IMF talks, says El Salvador’s top central banker
Douglas Rodriguez, president of the Central Reserve Bank of El Salvador, has dismissed fears that the country adopting Bitcoin (BTC) as legal tender will scupper plans for a $1.3-billion loan facility from the International Monetary Fund (IMF). According to Bloomberg on Tuesday, Rodriguez stated that the central bank does not see any risks associated with …
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Russia aims to replace US dollar reserves with digital assets in long term
As Russia continues pushing de-dollarization, the Ministry of Foreign Affairs (MFA Russia) is reportedly considering replacing the United States dollar with not only traditional fiat currencies but also digital currencies. Aleksandr Pankin, deputy minister of Foreign Affairs of Russia, reiterated the country’s plans to reduce the U.S. dollar share in Russia’s international reserves and its …
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The differences in trading in a bullish and bearish market, explained
An automated trading platform can help users identify and execute cryptocurrency trades with less manual effort. It can be difficult for traders to find the time necessary to spend in front of graphs as they attempt to determine the right time to buy and sell. As a result, many have found that they have lost …
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BTC price is up 50% since China ‘selflessly’ banned Bitcoin mining
It’s been 150 days since China banned Bitcoin (BTC) mining — and BTC price action has only benefited as a result. Five months ago, China caused a considerable but not unsurprising stir by doubling down on its hostile environment policy toward cryptocurrency. Bitcoiners to China: Thanks for the ban Just like every “ban” before it, …
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Web3 company announces Polygon fund to bolster MATIC ecosystem
Web3 fund Outlier Ventures has announced the Polygon Base Camp Accelerator to bolster efforts and development in the burgeoning Polygon ecosystem, CryptoSlate learned in a release Monday. “As the leading solution for Ethereum scaling and infrastructure development, It is vital to support and encourage development on Polygon as the network becomes essential for broader Web …
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President Bukele calls the latest Bitcoin (BTC) protest in El Salvador a failure
El Salvador’s President Bukele responded to the weekend’s Bitcoin protest, calling it a failure while also downplaying the numbers involved. Ever since announcing a dual Bitcoin-dollar currency system, a segment of the population has voiced its opposition. Referring to President Bukele’s insistence to press ahead regardless, they say El Salvador is now a “dictatorship.” President …
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