In July 2019, the United States Fed cut rates by 25 basis points, causing a massive sell-off across most assets and further fueling global economic concerns surrounding a growing trade war between the United States and China. The constant back-and-forth flip-flopping between the two country’s leaders is creating much uncertainty and fear in global markets,...Read More
New research by major cryptocurrency trading platform Coinbase shows that 56% of the top 50 universities in the world offer one or more classes on cryptocurrency or blockchain tech. Metrics indicate growing interest Coinbase shared its research in an official blog post on Aug. 28 in which it used rankings from US News and World...Read More
The US Federal Reserve’s (Fed) aggressive easing might support Bitcoin’s bullish price trend at least up to 2020. Meanwhile, the cryptocurrency might also get a parallel boost from the upcoming halving event. Fed Cuts Interest Rates for First Time in Over a Decade At the latest meeting in July, the Fed’s Federal Open Market Committee...Read More
The crypto market is known for its wild west environment, rife with scams, bad actors, and market manipulators. Last year, the CFTC launched a probe into potential market manipulation across Bitcoin markets, yet the problem persists even today.The post appeared first on NewsBTCRead More
Craig Wright says the judge’s recent ruling in the $10 billion bitcoin lawsuit brought by the estate of Dave Kleiman proves he’s Satoshi Nakamoto. | Source: YouTube/CoinGeek (i), Shutterstock (ii). Image Edited by CCN. Self-proclaimed bitcoin inventor Craig Wright remains unfazed after Judge Bruce Reinhart ruled against him in the $10 billion lawsuit brought by...Read More
Bitcoin futures platform Bakkt recently took the lead in terms of delivering substantial innovation for the crypto community. As per the company’s latest announcement over Twitter, “On Sept 6, our Warehouse will begin offering secure storage of customer bitcoin to prepare for the launch of Bakkt Bitcoin Daily & Monthly Futures when they launch on...Read More
Between dead partners, blind trusts and mythical Bitcoin billions, the web weaved by Craig Wright continues to get more and more tangled by the day. | Source: Shutterstock The judge presiding over the Kleiman vs. Wright trial ruled that 50% of all Bitcoin-related intellectual property created by Craig Wright prior to 2013 must be handed...Read More
China’s central bank has refuted media reports of it launching a state-backed cryptocurrency, according to Global Times, a government-affiliated news agency.Refuting media reports of launching a state-backed cryptocurrency in the coming months, #China‘s central bank termed them as “inaccurate speculation.” pic.twitter.com/Sb4tQVPD3G— Global Times (@globaltimesnews) August 28, 2019The People’s Bank of China (PBoC) called the coverages...Read More
AT&T is struggling to keep its TV customers in favor of streaming service providers, such as Netflix. Gains from other parts of the business make up for it. | AP Photo/Richard Drew, File AT&T is struggling to keep its premium TV customers from hitting the unsubscribe button in favor of on-demand streaming service providers, such...Read More
On August 26, a pharmacy chain in Venezuela called Farmarket revealed it now accepts cryptocurrencies through the payment provider Xpay, a subsidiary of Panda Group. Arley Lozano, Panda Group’s founder, explained how Farmarket’s pharmacy franchise has 22 stores located across the country and machines will allow people to purchase goods and medicine with cryptocurrencies like...Read More
Blockchain-powered eKYC provider Blockpass, today released an all-new version of its proprietary mobile app and merchant dashboard. Aiming to simplify the process of completing KYC and digital identity verification, the new releases streamline the compliance process and provide simplified user onboarding. One-Click Onboarding The Blockpass app has relaunched with a cleaner design and simplified features,...Read More
Is $10,000 really a magic number for Bitcoin? Do traders care if it trades above or below this mark? It certainly seems so. Bitcoin is trapped in an extremely narrow trading range as we head into the U.S session, following another minor bounce from just above the $10,000 support level. With Bitcoin close to posting...Read More
Fresh off of a collaboration with Netflix’s Stranger Things, Epic Games’ Fortnite is slated for a crossover with Stephen King’s It, according to new rumors. | Source: Epic Games (i), Warner Bros. (ii). Image Edited by CCN. Fresh off of a collaboration with Netflix’s Stranger Things earlier this summer, Epic Games’ battle royale game Fortnite...Read More
Recently a political action committee (PAC) BitPAC announced that they are going to conduct an initial coin offering (ICO) to support the candidates for public office. By donating, participants will receive Politicoins in return. BitPAC, which is a political group in the U.S., decided to launch an ICO for the support of public office candidates....Read More
A bitcoin stock listed on the London Stock Exchange has soared by 300 percent to hit its 11-month high.Shares of UK-based Argo Blockchain PLC (LON: ARB) today established a year-to-date peak of $10.96, bringing its maximum yearly gains close to 328 percent. At its weakest, the stock was trading at $2.54 in February 2019, down...Read More
<div innerhtml=" Bitcoin futures trading activity at CME is up significantly since this time last year, according to statements from CME Group managing director Tim McCourt. (Photo by Scott Olson/Getty Images) Getty Images The Chicago Mercantile Exchange (CME) Group posted record numbers in 2019 for its bitcoin futures trading, showing renewed interest in crypto’s largest...Read More
Various countries continue to oppose cryptocurrencies. Venezuela has become a notorious example in that regard. In a recent turn of events, the government is now targeting companies who pay employees in Bitcoin. One company has been officially sanctioned for doing so. Things got so bad that numerous employees were laid off in the process. Venezuela...Read More
Hashflow, an open protocol to bind and scale Bitcoin and Ethereum to build a scalable trust-minimized trade ecosystem, today announced it is now live. Hashflow Network Hashflow is a distributed network of open, trust-minimized, multi-centric hubs built on Bitcoin and Ethereum, each offering non-custodial, low latency trading across different markets. These hubs comprise a scalable...Read More
China’s digital currency might be good for shopping, but don’t expect any privacy. Binance researchers have questioned claims of transaction anonymity, suggesting instead that the new virtual currency might actually give the state greater opportunity to spy on its citizens. In a report published today, Binance researchers acknowledged that the Chinese Central Bank Digital Currency...Read More
Coinbase regularly engages with students and universities across the globe as part of recruiting efforts. In our second annual Coinbase Report on Higher Education, we again partnered with Qriously to ask students directly about their thoughts on crypto and blockchain, and tracked how they’ve changed in the past 12 months. In this year’s report, we...Read More
Bitcoin’s recent price performance has provided little inspiration lately. An ongoing range-bound bounce between the high $9k and mid-$10k price levels has not given any clear direction of future movements. Some analysts expect a breakdown to a new lower low while others remain bullish. Bitcoin Order Book Looks Bullish From its Monday high which touched...Read More
Craig Wright, the man who claims to be the original creator of Bitcoin, is using an unfavorable court ruling to play mind games with bitcoin investors.The Australian computer scientist has to pay $5 billion in bitcoins to Ira Kleiman who earlier accused Wright of stealing the cryptocurrencies from his deceased brother, Dave Kleiman. Judge Bruce...Read More
Unsuccessful serial-forger and law-court regular, Craig Wright, just won’t give up the ghost of being Satoshi Nakamoto. Ordered by a judge to hand over half of his bitcoin holdings and intellectual property to the estate of Dave Kleiman, he concurred that he now “has no choice” but to do this. However, he was quick to warn of...Read More
A 12-year-old, future unschooling advocate at an Occupy Wall Street protest learns about Bitcoin while running from the cops. He invests. Later, the independent Erik Finman will become the supposed “world’s youngest bitcoin millionaire” at age 18. That’s not where the story ends, though. The high school dropout has since gone on to launch education...Read More
The cryptocurrency ecosystem has been critiqued by traditional markets for being unregulated and a place for crooks, criminals, and grifters to fleece noobs who know very little about what happens behind the scenes. It has been the center of speculation for many, while for others, it has been a place to get rich quick. Today,...Read More
With political and economic tensions escalating, investments in safe haven assets such as gold are on the rise. The commodity has often been compared to Bitcoin, but a recent outbreak of fake bars clearly illustrates the glaring differences in the two asset classes.Gold Prices Hit 2019 HighThe sentiment driving gold prices this year is showing...Read More
The upcoming CME futures expiration set for Friday is expected to have a significant effect on the next bitcoin price action as the biggest cryptocurrency threatens to plunge below the $10,000 mark. In the past nine weeks, the Bitcoin price rally has stalled. Analysts believe that the crypto may suffer a severe pullback if the...Read More
The bullion market is slowly but steadily flooded with ‘dirty gold bars,’ according to a recent Reuters report. It’s interesting to know what Peter Shiff and other gold supporters would say about this. Is the precious metal better than Bitcoin in terms of money laundering? Gold Market Flooded with Fake Bars Many Bitcoin skeptics have...Read More
The likelihood of bitcoin price hitting a fresh all-time-high near $20,000 in 2019 is diminishing. | Source: Shutterstock The likelihood of the bitcoin price surpassing its all-time high of $20,000 by the end of the year is a mere six percent. That’s according to data from Skew which tracks the BTC options market. Bitcoin has...Read More
The market chop and consolidation has continued for bitcoin today and analysts remain on the fence as to where it is likely to go next. The trading range is getting tighter however so a breakout could be imminent.Bitcoin Holding Fast at $10kOver the past 24 hours BTC has traded between $10k and $10.2k in a...Read More
