Bitcoin (BTC)

Bitcoin Becoming the Better Option as U.S. National Debt Hits $22.5 Trillion

Need convincing reasons to purchase Bitcoin? President Trump signed a financial agreement that increases the US national debt by about $22.5 Trillion.  To some people, Bitcoin is money, while to some people Bitcoin can be multiple things depending on how it is utilised. A long term investment, a trading vehicle for short term profits, a...
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Austria’s Telecom Giant A1 Announces Accepting Cryptocurrency Payments

Photo: A1 Austria’s telecommunications giant and the country’s largest mobile service provider A1 has officially announced accepting cryptocurrency payments at some of its store locations across Austria. In the official announcement, A1 states that in its pilot project, they will accept cryptocurrency payments at some A1 shops while demonstrating global businesses that integrating digital currency...
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Bitcoin (BTC) Price Plummeted by $700, Markets are Oversold

As soon as Bitcoin dropped below the $10,600 level and failed to climb over heavy resistance, it demonstrated a steep fall to $10,068 within a span of minutes. According to some analysts, the drop could possibly signal a short term trend line breakdown if the asset fails to close above $10,200. Even though yesterday we...
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Why Has Bitcoin Become So Popular?

Bitcoin is a virtual currency that’s as good as the traditional bills that we use. Because it’s already accepted, security features have to be embedded in the application or software that manages it. Many developers had designed the system that makes it impossible to break into it so that no one can steal your money....
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Bitcoin Price Rose 3% as NY Supreme Court Denies Bitfinex’s Lack-of-Jurisdiction Claim

The New York Supreme Court ruled that the matter between the state’s Attorney General and iFinex, the parent company of the exchange Bitfinex, may continue. The New York Supreme Court ordered the New York Office of the Attorney General (NYAG) to process with their investigation and prosecution of iFinex, the parent company of cryptocurrency exchange...
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Bakkt Is to Keep Pushing Bitcoin Even Further

Crypto sector has been waiting for the launch of Bitcoin futures trading platform Bakkt for a long time now. This should happen finally at September 23. Within 48 hours after the big reveal, Bitcoin surged by 10 percent. Owner of the New York Stock Exchange, International Exchange, will finally start offering futures contracts paid out...
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Vitalik Buterin Explains His Plans on the Future of Ethereum

During his recent interview, Vitalik Buterin stressed on key factors of scalability, account security and usability which will steer ahead of the mass adoption of digital currencies. The cryptocurrency community is closely watching all the developments taking place in the Ethereum ecosystem. Over the last year, Ethereum developers have been rigorously working on improving the...
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‘New’ Satoshi Nakamoto Reveal (Part 2): Real Name, Lost Private Keys, New Project and More

There is an interesting claim made by Mr. Caan concerning the status of Satoshi Nakamoto’s 980,000 Bitcoin fortune. According to Mr. Caan, his private keys were lost when he handed his laptop into an electronics shop for repairs. When the laptop came back, all of Satoshi’s BTC were gone. Oh gosh. As soon as we...
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Facebook’s Libra Gets Support From ZenGo Wallet Already Before Launch

ZenGo crypto wallet has announced the support for Facebook’s Libra testnet which gives its users a first-hand experience of using Facebook’s native cryptocurrency. Facebook announced its native cryptocurrency Libra in June 2019 scheduled to launch next year in early 2020. However, apart from its native crypto wallet Calibra, Libra is already getting the support of...
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Japan’s E-Commerce Giant Rakuten Launches ‘Rakuten Wallet’ Crypto Exchange

Photo: PriceMinister / Flickr Japanese e-commerce giant Rakuten has completed registration of its cryptocurrency exchange Rakuten Wallet, which will go live next month, the company confirmed in a press release. Rakuten, which follows several major Japanese tech players in entering the crypto exchange market, renamed its product from Everybody’s Bitcoin earlier this month. The company...
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Binance Launching “Venus” as a Direct Competitor to Facebook’s Libra

The Venus project announced by Binance earlier on Monday plans to create stablecoins and other virtual assets backed by fiat currencies around the world. Top cryptocurrency exchange Binance announced they’re planning to initiate an open blockchain project dubbed Venus. The project is presented as an initiative made in order to develop localized stablecoins and digital...
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Fidelity Charitable Receives over $100 Million in Crypto Donations

Fidelity’s charity arm, Fidelity Charitable, has received more than $100 million in cryptocurrency donations since 2015. But according to the company, this year is not the best one for crypto donations. Fidelity Charitable has accepted cryptocurrency donations since 2015. As the company revealed late last month, in total, it has received more than $106 million...
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‘New’ Satoshi Nakamoto Discloses Details about Himself and Bitcoin in First of 3 Days of Revelation

Shaikho, who is a new “real” Satoshi Nakamoto, says his idea was a “people’s bank with no boundaries, no nationalities, and no discrimination.” When publishing some text online, some media have the habit/rule to write approximately how long the read is – with the reason we should say. Let me tell you this, reading the...
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Three Days Opening for a New Satoshi in Town

In addition to his real-life identity, Satoshi Nakamoto will use “My Reveal” to divulge such facts as his country of origin, education, professional background, and why he has yet to move any of his 980,000 Bitcoins. Believe it or not, there’s a new Satoshi in town. No, no, you’ve read it right. It seems Craig...
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Chinese Digital Currency Will Not Be Cryptocurrency After All

Photo: Pixabay Last week we reported how China is preparing their own digital currency dubbed CBDC after five years they have been working on it. However, after the analysis of over 50 patent applications that were filed by the People’s Bank of China, it has become clear that the pattern of this digital currency will...
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Altcoin Analysis 2017 vs 2019: Delightful Surprise

Photo: Shutterstock The high fluctuating Bitcoin prices since its launch have made altcoins a go-to investment option for most of the crypto enthusiasts and traders. If we go back to February 2017, it was the first time when the entire crypto community has realized altcoins potential as their market value went sky-high after the Bitcoin...
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How to Avoid Being Scammed when Buying Bitcoin

Photo: Shutterstock The popularity of Bitcoin is hard to underestimate. Regardless of the cryptocurrency’s volatility, thousands of people are using it on a daily basis. While companies may be taking advantage of Bitcoin to make international payments, investors are playing around with the cryptocurrency in the hopes of making money. Whether you are a Bitcoin...
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Bakkt Is to Launch Bitcoin Futures Next Month

Photo: Unsplash Last time we wrote of how Bitcoin futures contracts platform Bakkt was going to launch its services in the third quarter of this year. And now it will become possible thanks to gaining the approval from the NYDFS that would enable it to operate as a limited-purpose firm. CEO of Bakkt, Kelly Loeffler,...
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Court: Craig Wright’s Motion for Judgment in Kleiman v. Wright is “Non-Credible”

A Florida federal judge has denied self-proclaimed Bitcoin inventor Craig Wright’s motion to dismiss a lawsuit concerning the alleged theft of a huge amount in Bitcoins from a former business partner, Dave Kleiman. According to a court filing from August 15, Florida judge denied a request made by Craig Wright to scamper a lawsuit filed...
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Bitcoin (BTC) $ 97,597.15 3.54%
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