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Bitcoin taps $50K for first time in one month amid heavy BTC price volatility

Bitcoin taps $50K for first time in one month amid heavy BTC price volatility

Bitcoin (BTC) hit $50,000 for the first time in a month on Oct. 5 as a triumphant return to form continued.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC’s price hits one-month highData from Cointelegraph Markets Pro and TradingView showed BTC/USD adding another 5% Tuesday to briefly return to the psychologically significant price point.The

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Brazil aims to tighten penalties for crypto-related financial crimes

Brazil aims to tighten penalties for crypto-related financial crimes

Brazilian lawmakers are working to provide stricter regulations for cryptocurrency-related crimes, approving a set of new penalties for laundering money with crypto.Brazil’s Special Committee of the Chamber of Deputies has approved a bill that significantly tightens penalties for financial crimes that employ cryptocurrencies like Bitcoin (BTC), according to an official

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Futures-based Bitcoin ETF has '75% chance of approval' in October — analyst

Futures-based Bitcoin ETF has ‘75% chance of approval’ in October — analyst

A Bitcoin (BTC) exchange-traded fund (ETF) has a 75% chance of being approved this month — in some form.In comments this weekend, Eric Balchunas, senior ETF analyst for Bloomberg, said that United States Bitcoin futures ETFs were “likely on schedule” for the regulatory green light. Futures-based Bitcoin ETF has '75% chance

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Bitcoin investors 'no longer fearful' — watch this BTC price level next

Bitcoin investors ‘no longer fearful’ — watch this BTC price level next

Bitcoin (BTC) stayed higher on Oct. 2 after a "fantastic" break to the upside upended market sentiment.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader eyes $45,000 BTC price floor Data from Cointelegraph Markets Pro and TradingView followed eerie calm on BTC/USD after Friday's sudden upside volatility saw $3,000 added in an hour. The classic

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Billionaire investor bullish on Bitcoin: 'Crypto is here to stay'

Billionaire investor bullish on Bitcoin: ‘Crypto is here to stay’

Orlando Bravo, co-founder and managing partner of private equity firm Thoma Bravo, expressed his unwavering endorsement of the cryptocurrency market in an interview at CNBC’s Delivering Alpha conference on Wednesday, revealing that he is “very bullish” on his personal investment in Bitcoin (BTC). The billionaire businessman owns one of the world’s

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CoinEx crypto exchange to remove all mainland China users in October

CoinEx crypto exchange to remove all mainland China users in October

CoinEx cryptocurrency exchange is winding down operations in mainland China to comply with local anti-crypto regulations.The company officially announced on Sept. 30 that it will completely retire user accounts verified as mainland China citizens as well as those linked to a mobile phone number from mainland China.The exchange has asked mainland

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BTC price reclaims $42K as infrastructure bill vote, monthly close loom for Bitcoin

BTC price reclaims $42K as infrastructure bill vote, monthly close loom for Bitcoin

Bitcoin (BTC) trudged toward $43,000 on Wednesday, Sept. 29, as a “macro predicament” kept bulls on their toes.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC in yet another dip below $41,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD ranging slightly higher after a fresh $40,000 retest overnight.The pair had shown what

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Huobi outlines plan for Chinese investors after halting crypto trading

Huobi outlines plan for Chinese investors after halting crypto trading

The uncertainties sparked by China’s blanket ban on crypto trading have taken a downturn as homegrown crypto exchanges such as Huobi take proactive measures to protect and return existing investments residing on the mainland. Speaking to Cointelegraph in this regard, Du Jun, co-founder of Huobi Group, said that the crypto exchange

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Bitcoin could hit $37K but trader says BTC price top will be 'number you can't comprehend'

Bitcoin could hit $37K but trader says BTC price top will be ‘number you can’t comprehend’

Bitcoin (BTC) sealed another $40,000 retest on Sept. 26 as the battle for the weekly close raged on.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC "unlikely" to linger below $40,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $40,800 overnight, following an earlier unsuccessful attempt by sellers to flip $40,000 back

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