Bitcoin (BTC) reached new 2020 highs of $13,850 on Oct. 28 as markets rose to equal their 2019 peak. BTC/USD stopped short of retaking resistance at $14,000, the level which provided a “hammer” event during last year’s bull run to around $13,800.
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God save the queen: Gemini brings the UK crypto
The crypto exchange of the Winklevoss twins, Gemini, launches its services in the UK following regulatory approval
“Going live with our full services available in GBP in the UK is another exciting step forward in Gemini's international expansion, advancing our mission to empower individuals and organizations around the world through crypto," said CEO Tyler Winklevoss.
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A big August for crypto
Big news about mainstream institutional investors pouring money into bitcoin and ether has industry insiders excited about crypto’s move towards the mainstream
The big news, needless to say, was business intelligence firm MicroStrategy’s Aug. 11 announcement that it had bought $250 million worth of bitcoins, pouring the entirety of its planned investment in alternative assets as an inflation hedge into the first cryptocurrency.
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Gemini announces crypto wallet usable at Whole Foods and Baskin Robbins; eBay teases acceptance
Consensus 2019 brings news of using crypto at the cash register
Now you’ll be able to spend your whole crypto wallet at Whole Foods, and soon you may be able to bid on CryptoKitties at eBay. Growing adoption of cryptocurrency payments by mainstream companies was the big theme that emerged on the first day of Coindesk’s Consensus 2019 conference in New York on May 13. The Winklevoss twins’ Gemini announced that major retailers—ranging from Whole Foods to Nordstrom’s—were accepting crypto payments. Meanwhile, online marketplace eBay teased it may soon take virtual currencies with ads and a show sponsorship.