Arthur Hayes, the CEO of BitMEX, the most widely utilized BTC margin trading platform, has opined Satoshi Nakamoto, the creator of bitcoin, is likely dead. “I think they’re already dead,” said Hayes about Satoshi, adding that he does not believe the identity behind the creator of bitcoin will ever be revealed. Satoshi is said to...Read More
Warren Buffett isn’t much of a bitcoin fan. He’s called it rat poison squared, a gambling device, delusional, and a seashell with no inherent value. But, if he wanted to, he could become the biggest bitcoin whale of them all. Buffett could buy two-thirds of the existing BTC supply… in cash. Warren Buffett’s investment firm...Read More
The results of a cryptocurrency survey conducted by the Dutch banking group, ING, revealed a significant lack of appetite for Facebook’s Libra, and its designated use case: Sending payments across social media. Taking 15,000 Europeans, from 15 distinct countries, the survey collated Europe’s sentiment around digital currencies. Questions ranged from the future of cryptocurrencies to...Read More
North Korea’s notorious state-sponsored hacker team Lazarus Group – the one responsible for stealing more than $500 million from Bitcoin exchanges around the world – has finally been sanctioned by the Trump administration. This is over a decade since the outfit was created by the rogue state. In a press release, the Office of Foreign...Read More
Banking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks there have started passing the burden to...Read More
With worldwide politics in disarray, and even the weather seemingly conspiring against humanity… Is it time to take our Bitcoin stash and move into a remote bunker yet? Bitcoin Price: Finally On The Up Again? After several weeks of consolidation, it feels like bitcoin price may finally be heading upwards again… until the next dip, that...Read More
The greatest threat to America’s democracy might not be the Russians, according to former Congressman Ron Paul. In an episode of his weekly Freedom Report, the occasional presidential candidate and supporter of the cryptocurrency movement spoke against the Federal Reserve’s potential influence over American elections. [embedded content] According to Dr. Paul, the authors of the U.S....Read More
Elon Musk insists that Tesla solar panels and roofs are “unequivocally a guaranteed instant money printer,” despite the recent fires they reportedly caused. | Source: (i) Reuters (ii) AP (iii) Shutterstock ; Edited by CCN Elon Musk insists that Tesla solar panels and roofs are “unequivocally a guaranteed instant money printer” despite the recent fires...Read More
Bitcoin price makes a retreat on Sunday’s trading. | Source: Shutterstock The bitcoin price dropped from $10,968 to $10,252 over the weekend within a two-day span by more than six percent against the U.S. dollar. Bitcoin price dropped by more than six percent since weekly high at over $10,900 (source: coinmarketcap.com) Previously, when the bitcoin...Read More
Considering the ongoing participation of government organizations in building private crypto assets, a recently published research paper details on the use of “private digital currencies” and its implications on the current society. Although Facebook’s Libra initiative witnessed a red flag from the U.S. government, numerous countries have begun experimenting with in-house options for evading the...Read More
Today was a weird day for the crypto markets. For the first time in seeming months, altcoins dramatically outperformed Bitcoin — managing to gain multiple percent on the market leader.While Bitcoin has gained 2.5% over the past 24 hours, leading altcoins, including everything from Ethereum and EOS to Monero and Chainlink, have rallied higher by some...Read More
Major cryptocurrency exchange Binance’s United States-based branch Binance.US will launch in the coming weeks, preceded by Know Your Customer (KYC) registration a few days earlier. According to a Medium post published by Binance.US on Sept. 6, while the launch of the trading platform itself is expected in the following weeks, KYC onboarding will start a...Read More
Blockchain technology will most likely be standardized by 2021, according to American business and financial services company Moody’s. Per the research report published on Sept. 5, these standards will probably be established in the blockchain industry by 2021 and will be positive for “future securitisations using the technology.” The company claims that this could result...Read More
Buying a new car is always a thrill. Purchasing a luxury vehicle, a roadster or a classic even more so. But such an enjoyable acquisition is usually accompanied by time consuming formalities. When all you want is to sit behind the wheel as soon as possible, these additional steps can be a nuisance for most...Read More
Tesla CEO Elon Musk has challenged Porsche at the iconic Nürburgring. | Source: Photo by Frederic J. BROWN / AFP Elon Musk loves a contest. The Tesla CEO has been all worked up over Porsche’s Taycan Turbo, the German automobile manufacturer’s first production electric car. Um @Porsche, this word Turbo does not mean what you...Read More
There was a steady rise in bitcoin price above the $10,500 resistance against the US Dollar.The price is currently correcting lower after it traded to a new monthly high close to $11,000.There is a key bullish trend line forming with support near $10,200 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).There...Read More
Over the past week, Bitcoin (BTC) has finally managed to mount a comeback, rallying from the local low of $9,300 to $10,500 as of the time of writing this.However, one analyst recently pointed out that this price action only confirms the idea that the cryptocurrency market may soon undergo another retracement — one that could...Read More
Over the last 24 hours, cryptocurrency enthusiasts have been discussing a transaction that saw 94,000 BTC sent to an unknown wallet. The hoopla over the large transaction shows how things have changed significantly over the last decade. Back in cryptocurrency’s early days, between 2010-2012, large bitcoin transactions like this weren’t such a big deal and...Read More
Japan, one of the leading markets for cryptocurrencies, has seen a series of important developments for the cryptocurrency and blockchain industries this week. The country’s financial regulator, the Financial Services Agency (FSA), has licensed crypto-related businesses. Japanese Deputy Prime Minister and Finance Minister Taro Aso noted that regulators need to find new approaches to address...Read More
Madden NFL 20 continues its run of success, landing the top spot in U.S. digital PlayStation 4 sales for the second consecutive month. | Photo by Mark RALSTON / AFP Madden NFL 20 topped the charts for U.S. digital sales of PlayStation 4 games for the month of August, making it the best-selling title for...Read More
Another week, another of Crypto Tidbits. At long last, the Bitcoin price saw some bullish action this week, gaining some 10% over the past seven days according to Coin360.io. While BTC is trading 4% lower from its weekly highs, analysts are starting to believe that the trend for the cryptocurrency market is finally pointing upward...Read More
Bitcoin’s recent surge up to highs of over $10,800 drastically shifted the overall market sentiment and had led many investors and analysts alike to believe that BTC was highly likely to move past $11,000.BTC’s subsequent drop from these levels, however, invalidated this perceived bullishness, and now a prominent analyst is explaining that Bitcoin is currently...Read More
Saturday, Sept. 7 — Bitcoin (BTC) is trading sideways after falling short of the resistance at $11,000 yesterday, while Ether (ETH) is making a slight recovery from its dip earlier this week Market visualization. Source: Coin360 Bitcoin has been trading in a range around $10,400 today. Yesterday it appeared that the coin would finally cross...Read More
Over the past few months, a trade war has been raging between the U.S. and China. Throughout this, Bitcoin (BTC) has managed to post stellar gains, rallying by some 100% since the latest leg of this dispute began.While many believe that this is nothing but a coincidence, data is starting to show that the trade...Read More
The German-speaking world continues to see lots of developments in the crypto industry, with the German government clarifying proposed regulations, Switzerland adding a new blockchain hub, while Bitcoin (BTC)-scammers are using Austrian celebrities in fake crypto ads. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph auf...Read More
The Spanish-speaking world saw some major developments this week with Spain introducing a reinforced authentication system for payments, Mexico giving fines up to $47,000 for the unauthorized use of crypto and a South Korean blockchain delegation visiting Peru. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph...Read More
Anthony Pompliano is well known in the crypto-community as a massive Bitcoin proponent. In the latest episode of his Off The Chain podcast, Pompliano interviewed Michael Goldstein, President of the Satoshi Nakamoto Institute. The pair discussed the current state of Bitcoin and how it has progressed over time, for everyone in the community. Goldstein stressed...Read More
An analyst found that major downturns tend to be healthy for the overall bitcoin price trend. Another analyst explains that 2019 may be a good year for BTC. | Source: Shutterstock Many armchair traders are so focused on the short-term price movement of bitcoin that they forget to look at the big picture. For instance,...Read More
Filing crypto taxes can be quite tedious and frustrating, as the process requires data from every exchange account and wallet you have ever used for a transaction. This is exacerbated by the fact that crypto is so new that the tax rules are not very clear to the average investor. As a result, mistakes in...Read More
September 7, 2019 37 Views Wikipedia had fallen victim to a cyberattack today, with the Wikimedia Foundation calling it a distributed denial-of-service (DDoS) attack. | Source: Shutterstock Wikipedia had fallen victim to a cyberattack today, with the foundation behind the free online encyclopedia calling it a distributed denial-of-service (DDoS) attack. The volunteer-run website was unavailable...Read More
