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Crypto 2020: One Step Up; Two Steps Back

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Here are some of cryptos’ key developments for 2020: Bitcoin Goes Higher And Higher. Bitcoin, of course, exists as one of the most widely recognized cryptocurrencies. And one of the most notable events of 2020 was the big appreciation in bitcoin’s price, tied as it is (and was) to optimism about cryptos’ future.

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Bitcoin Daily: Ripple’s $29M Charity Donation, Bitcoin’s ‘Death Cross’

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Bitcoin is nearing a so-called “death cross” – the point when the 50-day moving average falls below the 200-day moving average, CNBC reported. Bitcoin was trading at $7,880.64 In investment news, Boston-based Flipside Crypto notched $3.4 Newegg doesn’t actually accept bitcoin directly: It uses BitPay to process the payments.

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Fed’s Powell: CBDC Will Be Years, Not Months, Away

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Despite that, there have been early studies of such payment methods at the central bank’s Boston location, CoinDesk reported. According to Powell, the Fed is “investing heavily” in the technology and is looking into the policy questions posed by CBDCs.

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Bahamas Launches Digital Sand Dollar; Adds To Rise Of Central Bank Digital Currencies

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Meanwhile, the Boston Fed has been working with the Massachusetts Institute of Technology to explore the necessary tech infrastructure. Read More On CBDCs: Bitcoin Daily: Didi Joins China's Digital Yuan Testing; Putin Orders Russian Gov't Workers, Officials To Disclose Crypto Assets China Trials Digital Yuan By Giving Away $1.5M

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Sizzle Or Fizzle: Uber, Bitcoin, Botnets, SWIFT – And The Wells Wallets

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The weather in Boston – and it’s about darn time. Gox, the Toyko-based and now defunct bitcoin exchange run by Mark Karpeles, all sorts of people were trying to find the missing bitcoins that vanished when the exchange went belly up. Unfortunately, for those people with the missing bitcoin, on that score, there’s only bad news.

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Five At Five: Mastercard Makes A Biometric Bet

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As biometrics have begun to represent the next generation in securing payments, Mastercard has unveiled a technological advancement for its own biometric cards. Cardholders can now register their fingerprints onto a biometric card at home through the new technology, the company said in an announcement. Regulators in the U.S.

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Blockchain’s Wall Street Test And Satoshi Has A Birthday

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Bitcoin plus blockchain plus banks still seems like an unlikely combination, despite news that JPMC and Citigroup have completed their tests about using it in support of credit default swaps. Circle, the social payments app that runs on bitcoin’s blockchain, launched with support from Barclays as part of a new partnership.

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