There are many metrics to ascertain the popularity of bitcoin and cryptocurrency trading in different geographic regions across the world. One of them is the most traded fiat currencies chart which has revealed some interesting results. Asia Still Big on Bitcoin Unsurprisingly the US dollar was the top traded fiat currency according to statistics from...Read More
Silvergate Bank will allow Gemini’s customers deposit and withdraw U.S. Dollars from their accounts in real-time. This will help the customers to switch in and out of the crypto markets quickly. Gemini cryptocurrency exchange, founded by Bitcoin billionaires Winklevoss twins, announced its partnership with Silvergate Exchange Network (SEN), a USD payments platform. According to the...Read More
On August 26, the self-proclaimed Bitcoin inventor, Craig Wright, was ordered by Southern District Court of Florida to distribute half of his BTC holdings and intellectual property assets from prior to 2014. According to the Kleiman estate attorney Vel Freedman, the family has waited a long time for the ruling and they believe things are...Read More
A Chinese student studying in Australia is allegedly being held at ransom with the kidnappers demanding Bitcoin worth over a million Australian dollars before they can release him. According to the Southern Metropolis Daily, the father of the 20-year old student was contacted by the kidnappers on August 24th. The kidnappers demanded 80 Bitcoin within...Read More
Daryl Morey, the general manager of the Houston Rockets basketball team, said that he recently bought more Bitcoin (BTC). On Aug. 23, Morey tweeted “I just bought more” in response a pro-Bitcoin tweet by Morgan Creek Digital Assets co-founder Anthony Pompliano, who said that Bitcoin allows investors to avoid the chaos of global markets. Indeed,...Read More
Algo Capital, an investment firm exclusively focusing on the Algorand blockchain ecosystem founded by the MIT professor Silvio Micali, has raised $200 million for a new fund dubbed Algo VC Fund. The company said in an announcement on Tuesday that those who committed include investors like NEO blockchain’s NGC Ventures, TechCrunch founder’s Arrington XRP Capital...Read More
Bitcoin SV’s Craig Wright hasn’t been one to stay away from the spotlight for long. nChain’s Chief Scientist in in the limelight again after the latest ruling in the case between the self-proclaimed Satoshi Nakamoto and David Kleiman broke the cryptoverse. In the aforementioned case, it was ruled that Craig Wright must forfeit half of...Read More
Bitcoin price struggled to gain above $10,500 and declined below $10,300 against the US Dollar.The price is currently trading in a bearish zone below the $10,350 and $10,500 resistances.There is a rising channel or a bearish flag forming with support near $10,040 on the hourly chart of the BTC/USD pair (data feed from Kraken).The price...Read More
<div innerhtml=" Bitcoin, cryptocurrency, and blockchain awareness got a big boost from bitcoin’s epic 2017 bull run, which has been furthered by some of the world’s biggest technology companies jumping into bitcoin and crypto. The bitcoin price, although it remains far under the near $20,000 per bitcoin it reached in late 2017, has rebounded strongly...Read More
George Harrap is CEO and co-founder of Hong Kong based Bitspark, a bankless money transfer ecosystem focused on Asia and Africa. This essay is presented as a part of No Closing Bell, a series leading up to Invest: Asia 2019 focused on how the Asian crypto markets are interacting with and impacting global investors. To...Read More
If Andrew Luck is worried about money after his early retirement, he should have a sit down with NFL star Russell Okung. To be clear, Luck is probably not worried about money. His former team, the Indianapolis Colts, has decided not to recoup the $24.8 million owed to them. Despite the fact that they could...Read More
After peaking at $12,000 earlier this month, Bitcoin is once again hovering over the $10,000 level making everybody nervous. BTC/USD is currently trading at $10,290 on Bitstamp with relatively low volume. Overall the market is looking healthy which comes to no surprise since Bitcoin seems to love the current range. Bitcoin News When it comes...Read More
Eddie Murphy is back but the question is not “are we ready?” It’s more like, “is Eddie Murphy ready?” The former standup prodigy is booked to host Saturday Night Live (SNL) this December. Netflix is working on a deal with Murphy to release an undisclosed amount of standup specials. According to TMZ, those negotiations are hovering...Read More
After hanging by a thread above $10,000 for most of the day yesterday, Bitcoin’s bulls stepped up and sent the cryptocurrency surging to highs of over $10,500. Although this rally did spark excitement amongst BTC investors, the move ultimately proved to be somewhat fleeting.Analysts are now noting that $10,900 is a key region of resistance...Read More
Many Bitcoin enthusiasts have high hopes for the Lightning Network. For a technology which has been accessible for some time now, it seems there isn’t much growth to take note of. In fact, it appears things are slowly growing worse as more time progresses. This is good news by any means, yet the ship hasn’t...Read More
Self-proclaimed Satoshi Nakamoto Craig Wright suffered a massive blow today when a judge reportedly ordered him to turn over 50% of the bitcoin he mined with his former business associate, deceased computer genius Dave Kleiman. Florida federal judge Bruce Reinhart also allegedly ordered Wright to give (to Kleiman’s estate) 50% of any intellectual property he...Read More
Based on a recent report, the ability to test how to trade digital currencies will soon be made available to users of mobile messaging giant —Telegram. A publication released by the messaging giant today stated that the developers of Button Wallet, a well-known messenger-based platform for trading Ethereum, Bitcoin Cash, Litecoin, Bitcoin and many other...Read More
A man who created his own Bitcoin ATM has pleaded guilty of money laundering and related crimes. Kunal Kalra, a resident of Westwood, California, used his machine and other means to clean as much as $25 million between 2015 and 2017.Court documents claim that Kalra also exchanged Bitcoin for cash with a range of criminals....Read More
Monday, Aug. 26 — Top cryptocurrencies Bitcoin (BTC), Ether (ETH) and XRP are in the red. After trading sideways for most of the day, the market is currently seeing minor losses. Market visualization. Source: Coin360 BTC is trading at $10,350 at press time — a 1.72% price decrease on the day. BTC has been mostly...Read More
The performance of some of the altcoins this year was nothing short of spectacular. The likes of Litecoin hiked by an impressive 387 percent, registering its yearly high of $145. Bitcoin did not shy away from its consistent growth as it reached a yearly high of about $13,800. It was currently valued at $10,362.3. Since...Read More
There’s good news, you’re not paranoid. They really are out to get you. Earlier this month, leading cryptocurrency intelligence firm CipherTrace published its quarterly report, and it makes for pretty grim reading. This year alone, a staggering $4.26 billion worth of cryptocurrencies have been hacked, stolen, or otherwise misappropriated by thieves and fraudsters. As these...Read More
Pat Gelsinger, the CEO of major cloud computing and virtual machine company VMWare, has condemned Bitcoin (BTC) as being “bad for humanity.” Fortune spoke to Gelsinger about Bitcoin prior to VMWare’s annual conference in San Francisco on Aug. 26. According to Gelsinger, one issue with Bitcoin is its purportedly high energy consumption, which contributes to...Read More
What’s bad for the global stock market is good for bitcoin, believes veteran economic theorist Max Keiser. The founder of crypto-only venture capitalist firm Heisenberg Capital turned bearish on equity markets, fearing that they would collectively fall by 15,000 points. He further envisioned that a stock market crash might prompt investors to take their capital...Read More
The IRS took to Twitter on August, 26, posting a video about recently mailed CP2000 notices, of special interest to crypto traders. The notice, which seeks to rectify discrepancies made by recipients in tax reporting, is another in a series of crypto-related letters recently sent by the agency. Though the promised guidelines for reporting still...Read More
Switzerland aims to position itself as a European leader in the cryptocurrency world. This becomes apparent when looking at the adoption of crypto assets. Additionally, several banking licenses have been issued to what is referred to as “crypto banks” This is a clear sign the future of cryptocurrency looks somewhat promising. although no one should...Read More
Bitcoin price has been consolidating for what feels like ages now. After Bitcoin’s parabolic run-up, the leading crypto asset by market cap was rejected at $13,800 – just before it could break through the final bear market resistance.The post appeared first on NewsBTCRead More
FINMA, the financial market regulator in Switzerland, has released a guide in line with FATF rules in order to target KYC/AML compliance for blockchain payments companies and cryptocurrencies. Any party that transacts in cryptocurrencies or transmits money over the blockchain is liable to comply with existing money laundering regulation in Switzerland, August 26, 2019. Blockchains...Read More
The protracted legal battle involving self-proclaimed Bitcoin (BTC) inventor Craig Wright and the estate of computer scientist David Kleiman could go in Keiman’s favor. According to a court audience member on Aug. 26, Judge Bruce Reinhart rejected Wright’s testimony, stating that he had perjured himself by providing the court with falsified documents and recommended that...Read More
Craig Wright must turn half of his bitcoin holdings and intellectual property to the estate of Dave Kleiman, a judge ruled Monday. The ruling applies to holdings and IP from before 2014. Magistrate Judge Bruce Reinhart recommended that plaintiffs be awarded 50 percent of the bitcoin that Wright held prior to Dec. 31, 2013, as...Read More
Bitcoin price action over the weekend has been a virtual nail biter. The leading crypto by market cap, teetered on the edge of support for much of the weekend as bulls were able to successfully defend bears from pushing the price to retest lows at $9,200.But despite the valiant effort from bulls, bears were able...Read More
