Bitcoin News Summary – July 15, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  The Fold mobile app, which allowed discounted Starbucks purchases for Bitcoin is now back with Lightning Network support. Fold now allows for almost-feeless purchases at Amazon, Starbucks, Uber, Home Depot, Target, and more.  Bitcoin got its first mention by a sitting US president. Trump…

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Bitcoin News Summary – July 8, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  eToroX, the specialized blockchain division of social trading platform eToro, has announced the launch of the first five of 120 ERC-20 tokens. ERC-20 is a technical standard that sets rules for tokens launched on the Ethereum or related blockchains. The new tokens include two…

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Bitcoin News Summary – July 1, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  A video surfaced this week of an Iranian Bitcoin mining operation running inside a mosque, buildings which receive free electricity in the country. It was reported that $260k worth of Bitcoin has been mined inside 100 different Iranian mosques. Meanwhile, the government is shutting…

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Bitcoin News Summary – June 24, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  The bull trend continued this week, driven by Bitcoin’s breakout above the $10,000 level. After breaking through $9,000 resistance, Bitcoin gained momentum to reach as high as $11,150 on Saturday. These are the highest levels seen since June of 2018. In fact, according to…

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Bitcoin News Summary – June 17, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  Binance, the largest exchange by volume, is launching a new trading platform specifically targeting U.S. customers, in partnership with BAM Trading Services. The platform will be operated by BAM, while using Binance’s wallet and matching engine technologies. At the same time, Binance also altered…

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Bitcoin News Summary – June 10, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  America’s Securities and Exchange Commission filed a complaint against popular messaging app creator, Kik, for failing to register its recent “Kin” ICO as a securities sale. The SEC is seeking to impose a $100 million fine on the Canadian firm; about the same value…

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Bitcoin News Summary – June 3, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  The long-running exchange LocalBitcoins removed the ability for users to arrange in-person cash trades. Only online payment methods remain. This move comes soon after the imposition of more stringent KYC and AML requirements, and spells the end of an era. Bisq, HodlHodl, LocalCoinSwap and…

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Bitcoin News Summary – May 27, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  Facebook is said to be finalising plans to launch its own cryptocurrency next year. testing of the cryptocurrency, referred to internally as GlobalCoin, will start by the end of this year. Facebook is expected to outline plans in more detail this summer, and has…

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Bitcoin News Summary – May 20, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  Crypto markets this week reached their highest level since August of 2018. Markets then corrected downwards, however, sentiment is still bullish, with major news networks covering the resurgence of crypto. Bitcoin, Ethereum, BCH, and Gemini exchange’s US Dollar-based stablecoin can now be used to…

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Bitcoin News Summary – May 13, 2019

Here’s what happened this week in Bitcoin in 99 seconds.  The crypto market, particularly Bitcoin, has been in bull mode, surging into the weekend to reach levels not seen since November 2018. Volume remains strong, which confirms widespread participation in this rally. Binance exchange was hacked for 7000 Bitcoins. The exchange stated several attack…

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