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Traveling to 40 countries in 400 days with BTC

A fast-moving Bitcoiner has run through 7 of 40 countries on his Bitcoin-powered marathon around the world. Paco the Runner, also known as Paco de la India, set off on Sept. 17, 2021, paying for his entire running trip thanks to all the Bitcoiners around the world. He’s showing that “Bitcoin gives everyone freedom in…
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What happens to your Bitcoin when you die? A new service saves it for family and friends

When Bitcoin (BTC) traders pass away, their BTC may forever be lost within the blockchain if they haven’t given anyone else access to their wallets. However, an exchange project wants to give crypto traders another option.  Back in 2020, a study showed that many crypto investors worry about what happens to their digital assets when…
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Bitcoin calls traders’ bluff with fresh $40K fakeout as Fed decision day arrives

Bitcoin (BTC) tested traders’ neves yet again on March 16 as a fresh spike over $40,000 ended in minutes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Shorts feel the burn after abrupt trip to $41,700 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly surging to highs of $41,700 on Bitstamp — before instantly reversing.…
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Truth or fiction? Popular former hacker claims to have $7B in BTC

A former blackhat hacker who goes by the name Gummo online claims to have amassed around $7 billion worth of Bitcoin (BTC). Despite a flood of positive comments and posts relating to his interviews with the Soft White Underbelly YouTube channel — which has 3.18 million subscribers — information about Gummo is scarce elsewhere, which…
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Commissioner Allison Lee announces her departure from the SEC

Securities and Exchange Commissioner Allison Herren Lee announced that she would be stepping down from her post at the end of her term in June. In a Tuesday announcement, Lee said that she will remain in the role until her successor has been confirmed. The SEC commissioner has spent less than three years at her…
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Biden’s pick for Fed vice chair for supervision withdraws amid Republican objections

Former Federal Reserve Board governor Sarah Bloom Raskin has withdrawn her name for consideration as the central bank’s vice chair for supervision in an attempt to allow other nominations to move forward. According to a Tuesday tweet from Washington Post journalist Seung Min Kim, Raskin sent a letter to U.S. President Joe Biden withdrawing as…
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Bitcoin risks final ‘bear market capitulation’ as rich investors continue BTC selloff — analyst

Bitcoin (BTC) could undergo one last bear market capitulation if “whales” — addresses that hold more than $1 million worth of Bitcoin — ramp up their selling pressure, according to on-chain analyst Willy Woo. Room for another Bitcoin drop? Woo assessed the average price at which short-term investors entered the Bitcoin market across history and charted the…
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Why are the Marshall Islands betting on a decentralized future?

The Republic of the Marshall Islands made history in the second week of February after it formally recognized decentralized autonomous organizations (DAOs) as legal entities.  The Marshall Islands revised its Non-Profit Entities Act 2021, making it possible for any DAO to register and commence operations in the country. The amendments to the law mean DAOs…
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Over 100 illegal mining farms were shut down in enforcement raids in Kazakhstan

The Financial Monitoring Agency of the Republic of Kazakhstan reported earlier today that 55 illegal mining farms “voluntarily stopped their operation” due to an enforcement campaign by the regulator, and another 51 entities’ operations “were terminated.” The enforcement operation targeted illegal mining operations that compromised the nation’s energy network. The Agency called for developing a…
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Bitcoin fails to crack $39K on Wall Street open as markets await Fed inflation decision

Bitcoin (BTC) began to show fresh volatility as Wall Street trading began on March 15, ahead of a crucial interest rate announcement from the United States Federal Reserve. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Crunch time for the Fed on inflation Data from Cointelegraph Markets Pro and TradingView highlighted a roughly $500 fall for BTC/USD…
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