PYMNTS

DECEMBER 16, 2020

Bitcoin continued its ongoing surge in price Wednesday (Dec. The price of a bitcoin traded higher by 5.6 This is the domino effect as asset managers tumble their portfolios into bitcoin,” Charles Hayter, CEO of market data provider CryptoCompare, told CNBC. percent, hitting around $20,600. What’s up looking ahead?

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Bitcoin cryptocurrency Fintech Retail 343

PYMNTS

DECEMBER 17, 2020

Amid the rallies that have marked all manner of asset classes in 2020 – where things hummed along to start the year, turned sour in the spring and then rebounded (nay, roared) into the waning months, bitcoin stands out. But now, at least some asset managers have been embracing bitcoin as a hedge against currencies and gold.

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PYMNTS

JANUARY 7, 2021

Bitcoin hit more than $37,700, a new record high that helped drive the cryptocurrency market beyond $1 trillion, CNBC reported on Thursday (Jan. Singapore time, bitcoin was up 5 percent over the day before. Some bitcoin bulls have called bitcoin “digital gold,” CNBC said, with J.P. At about 2:42 p.m.

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PYMNTS

OCTOBER 21, 2020

A hacking organization released receipts for $10,000 in charitable contributions to two groups made through bitcoin, the BBC reported. in bitcoin ( valued at approximately $10,515 as of 7:04 P.M. In other news, the price of bitcoin broke through the $12,000 level on Tuesday (Oct. The price of bitcoin was $11,954.07

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Bitcoin New York Taxes Report 234

Payments Dive

DECEMBER 10, 2019

A bitcoin aficionado who goes by the name "21isenough" has created a prototype for a Lightning ATM. The contraption allows you to send tiny amounts of bitcoin over the Internet via the Lightning Network, a second-layer protocol that works on top of bitcoin.

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Bitcoin ATM 300

PYMNTS

MARCH 8, 2020

A French court has decided that bitcoin is money, the first time a court in France has issued such a ruling, according to a report from Les Echos Sunday (March 8). The decision came about following a clash between the Bitcoin marketplace Paymium and the crypto investment company BitSpread.

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PYMNTS

JANUARY 7, 2021

In other news, bitcoin has passed $40,000 in value, hours after reaching both $38,000 and $39,000 — and some users are now antsy about the possibility of a crash, CoinDesk reported. This follows a momentous 2020 in which the value of bitcoin rose over 300 percent, including a near-50 percent gain just in December.

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Bitcoin Taxes Washington Report 276

Chris Skinner

MAY 31, 2020

Goldman Sachs just became the bad boy on the block in the bitcoin brethren by saying bitcoin has nothing behind it. Remember last week when we were all bullish for the Goldman Sachs Bitcoin call?

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PYMNTS

JANUARY 13, 2021

Goldman Sachs Global Head of Commodities Research Jeff Currie told CNBC the bitcoin market is maturing. “I Right now, only about 1 percent of the $600 billion invested in bitcoin is institutional, he said, CNBC reported. 11), when it fell below $31,000, just days after breaching $41,000. In other news, about 20 percent of the 18.5

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Bitcoin cryptocurrency Cards New York 202

Chris Skinner

DECEMBER 3, 2019

I’ve noted that the bitcoin swings and roundabouts tend to often cycle around the hope and expectation of the US SEC giving approval to a bitcoin ETF … only to find that they never do and so it goes around.

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PYMNTS

JANUARY 11, 2021

The price of bitcoin kept going up and up and up for months — to a high of more than $40,000. CNBC reported that bitcoin (BTC), the largest cryptocurrency by market capitalization, fell over 12 percent from a day earlier, to as low as $30,863. Bitcoin has still gone up in price by 300 percent in the last 12 months.

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PYMNTS

DECEMBER 30, 2020

In other news, bitcoin hit a new high on Wednesday (Dec. Bitcoin is like a [crypto] 101 version. Reuters reported that bitcoin’s limited supply — specifically that the creation of new coins relies on so-called “mining” computers — has been part of the power behind its current price climb. As of 3:19 p.m.

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Bitcoin cryptocurrency Security Regulation 251

PYMNTS

DECEMBER 27, 2020

The price of bitcoin has passed $28,000 on Sunday (Dec. In a continuing showing of the strength of the cryptocurrency, bitcoin is now valued at $500,000, according to the report. bitcoin has become available at over 16,000 ATMs in December of this year, a press release from East London-based cryptocurrency company BitcoinPoint says.

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PYMNTS

JUNE 26, 2020

The founder of the NAC Foundation was alleged to have taken in funds for tokens representing “AML bitcoin” that would eventually be changed into the purported cryptocurrency.

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PYMNTS

NOVEMBER 11, 2020

The count of bitcoin ATMs has jumped this year, rising by 85 percent to just under 11,800, CoinDesk reported.

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Bitcoin ATM cryptocurrency blockchain 320

PYMNTS

AUGUST 3, 2020

Bitcoin had a turbulent weekend, rising to $12,112 in value just after midnight on Sunday (Aug. The high was bitcoin’s best rate since August of last year, according to Bloomberg’s estimation. Sunday, bitcoin was down 6.7 2), and then falling to $10,638 just 30 minutes later, Bloomberg reported. As of 8:48 a.m.

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PYMNTS

DECEMBER 31, 2020

As of this writing, the marquee name in cryptocurrencies, bitcoin, is changing hands at more than $28,100. Along the way, institutional investments in bitcoin have gotten a boost. Square , PYMNTS reported, has held tens of millions of dollars of bitcoin on its balance sheet. As reported earlier this month, new U.S.

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Bitcoin cryptocurrency Regulation Report 337

PYMNTS

NOVEMBER 19, 2020

Securities and Exchange Commission (SEC) Chairman Jay Clayton thinks inefficiencies in traditional payments are boosting favorability for bitcoin, a report from Coindesk says. Clayton, speaking on CNBC, said bitcoin's popularity came from that disappointment in mainstream payments.

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PYMNTS

JUNE 2, 2020

In other news, Poolin, a bitcoin mining pool, is growing its financial services and digital currency lending verticals, CoinDesk reported. exahashes per second of overall computing power, which comprises for approximately one-fifth of the overall bitcoin network. Miners that link up with the pool have roughly 18.3

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Bitcoin Lending blockchain Fintech 283

PYMNTS

JANUARY 27, 2021

In other news, bitcoin fell below $30,000 Wednesday (Jan. Eastern time, bitcoin had risen to $30,261.793. The FSCA found that MTI kept no accounting records or a thorough register of participants, although it claimed to have 260,000 members and 23,000 bitcoin — about $740 million. As of 7:34 p.m.

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Bitcoin cryptocurrency Fraud California 250

PYMNTS

NOVEMBER 23, 2020

PayPal and Square’s Cash App digital currency buying spree has reportedly triggered a bitcoin rally, according to a Benzinga report on Monday (Nov. The increase in itBit volume implies that within four weeks of going live, PayPal is already buying almost 70% of the new supply of bitcoins,” Pantera Capital indicated in the report.

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Bitcoin cryptocurrency blockchain Capital 217

PYMNTS

OCTOBER 7, 2020

With transactions that become irreversible almost instantaneously, bitcoin and other cryptocurrencies are winning new converts — among scammers eager to avoid credit card chargebacks that can eat into their ill-gotten gains. Jack Dorsey Likes Bitcoin, But So Do Crooks . The Dark Web Likes Bitcoin, Too . For example, the U.S.

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Bitcoin cryptocurrency Fraud Cards 233

PYMNTS

JANUARY 26, 2021

Bitcoin gets all the headlines. But step beyond bitcoin and enter the world of cryptocurrencies approaching mainstream acceptance. At present, he said, a number of factors have inhibited the adoption of bitcoin as a transactional currency, including the fact that it’s expensive and can be very slow.

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cryptocurrency Bitcoin blockchain FDIC 256

PYMNTS

DECEMBER 20, 2020

Square 's Cash App has a new feature letting customers get bitcoin back with any transaction, CoinDesk reported. But bitcoin has been trending upward for the company and in general, with Square reporting $1.63 billion in bitcoin revenue from Cash App in its third quarter earnings. In other news, Nigeria is now the No.

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Bitcoin blockchain cryptocurrency Fraud 160

PYMNTS

FEBRUARY 27, 2020

Bitcoin’s decline continued Wednesday (Feb. Bitcoin fell below $9,000 Wednesday and losses were at around 9 percent total for the week. But other measures point to support still existing out there: the Bollinger Band Indicator, a measure of volatility, has bitcoin at a close point to breaching the lower limit. in New York.

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Bitcoin cryptocurrency New York Report 159

PYMNTS

MAY 29, 2020

Bitcoin : not worth much – except what someone else is willing to pay for it. Goldman Sachs’ withering assessment of bitcoin this week may be enough to take some wind out of the sails of those who have been looking for the marquee name in crypto to find its way into mainstream commerce.

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Bitcoin ATM Conference Report 186

PYMNTS

NOVEMBER 5, 2020

5), bitcoin followed suit, rising to over $15,000, signaling a continued confidence in the cryptocurrency. Investors have continued to accumulate bitcoin throughout the year, specifically during the March and September price crashes, according to CoinDesk, signaling long-term confidence in the digital coin. The stock hit $15,017.05

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Bitcoin blockchain cryptocurrency Retail 214

PYMNTS

SEPTEMBER 28, 2020

27), bitcoin set a record with 63 straight days of closing above $10,000, according to CoinDesk. Coin Metrics statistics show that the 180-day returns volatility for bitcoin is down 41 percent so far in September, CoinDesk reported. Closing at $10,793 on Sunday (Sept. The cryptocurrency's previous record was between Dec.

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PYMNTS

DECEMBER 18, 2020

18) that the government says would make convertible digital currencies like bitcoin less attractive to criminals engaging in crimes such as ransomware attacks. Bitcoin is a popular example. Treasury Department proposed sweeping new rules late Friday (Dec.

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Bitcoin US cryptocurrency Regulation 354

PYMNTS

NOVEMBER 25, 2020

As it stands, bitcoin and other digital currencies are seeing increasing use in Nigeria. On another note, a digital currency fundraising event dubbed “Bitcoin Tuesday” is set for December 1, Cointelgraph reported. The news come as the Pineapple Fund, an anonymous bitcoin group, gave away more than 5,050 bitcoin to 60 nonprofits.

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Bitcoin blockchain Security Regulation 276

BankUnderground

DECEMBER 14, 2021

The price of Bitcoin is currently around $57,000 (see Chart 1 ). But what is the price of Bitcoin based on? The code on which Bitcoin is based does give it scarcity value. Only 21 million Bitcoin will ever be created. That scarcity is why some people refer to Bitcoin as ‘digital gold’. Thomas Belsham.

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Bitcoin blockchain Payments System 145

PYMNTS

JULY 13, 2020

Two Nigerian scammers known for allegedly defrauding American companies for tens of millions of dollars that they transferred into bitcoin were extradited to the U.S. Ponle, according to the complaint, wasn’t that concerned with covering his tracks — he reportedly used the same address on the Bitcoin network since 2014.

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PYMNTS

NOVEMBER 30, 2020

When PayPal announced recently that its 350 million users can deposit bitcoin and other cryptocurrencies in their accounts and spend it at 26 million merchants next year, it was characterized as the inevitable advance of digital currency. Bitcoin is like a [crypto] 101 version. Wanted: Big Backers And Government Support.

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Bitcoin cryptocurrency Payments Fintech 292

PYMNTS

DECEMBER 30, 2020

At a time when 90 percent of Americans have never owned bitcoin and nearly 70 percent say they have no plans to do so in the future, the thought of widespread adoption and usage of cryptocurrency seems to be a distant prospect for most people. Bitcoin is awesome. Ternio CEO Daniel Gouldman , however, is not one of them. “I Baby Steps

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PYMNTS

DECEMBER 17, 2020

Bitcoin reached an all-time high, surging 12 percent to $23,421, more than triple its value since the start of 2020, CNBC reported on Thursday (Dec. 17), Bitcoin’s gains leveled, trading over 9 percent higher at about $22,787. A BlackRock executive said bitcoin can replace gold, per CNN. The previous record was in 2017. .

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PYMNTS

SEPTEMBER 17, 2019

For some, bitcoin and cryptos — beyond a means of speculation — are a solution in search of a problem. You may recall that not all that long ago, Starbucks had been in the news, in tandem with bitcoin — i.e., we will, at some point be able to pay for our triple no-foam whip pumpkin soy latte with bitcoin. It’s been a slow start.

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Bitcoin cryptocurrency Retail Payments 214

PYMNTS

JULY 26, 2020

Bitcoin surpassed $10,000 on Sunday (July 26) for the first time since June, hitting $10,200, Reuters reported. Bitcoin has been negatively impacted by the pandemic over the past few months, halving for the third time in May and slicing the rewards bitcoin miners earn, per Reuters. ruled that bitcoin is money.

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