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China’s Digital Fiat Wants to Compete With Bitcoin – But It’s Not a Crypto
16.8.2019
China may be about to launch a fiat digital currency, but in all likelihood, it will only resemble a cryptocurrency on the surface
Want to Buy ‘Virgin Bitcoin’? Be Ready to Pay 20% More, Says CEO
16.8.2019
Buyers of so-called "virgin bitcoins" are paying up to 20% more for coins with no transaction history, Flex Yan, CEO of Babel Finance, a Hong Kong-based crypto financial services company, claims.
In a recent opinion piece, published by Bitcoin Magazine, he said that demand for the virgin coins...
Bitcoin Price Analysis: BTC is All Set to Reclaim $10,000 Again, Though with Stability this Time
16.8.2019
Bitcoin is gearing up for a bull-run, shows positive signs BTC has recently topped $10,000; may rally further Bitcoin has recently formed a support near $9800, technical picture appears bullish A stable surge above $$10,600 is a must for a notable price leap Bitcoin investors can brace themselves...
Coinbase Custody Acquires Xapo, Sees $7 Billion Growth
16.8.2019
Today, Coinbase Custody has announced that it has completed the acquisition of Xapo’s institutional businesses. Coinbase Custody has acquired 55 Million U.S. Dollars, Xapo’s institutional business. The platform was in stiff competition with major investment company- Fidelity, who was also...
Man Offering Hacking Services for Bitcoin Gets 20-Month Jail Sentence
16.8.2019
A British man has been handed jail time and ordered to forfeit over £400,000 ($487,000) for offering hacking services and stolen data for crypto
Bitcoin Vs. Ripple: Ripple’s Growth Pattern Seems like the Shadow of Bitcoin’s Trend
16.8.2019
Bitcoin has started recovering from the price correction of the last few days. Ripple may take some more time to reach its target. Bitcoin, after the last few days of struggle, has now risen and it is racing towards 10,000 USD currently. On the other hand, Ripple has not shown any signs of growth...
Electricity Theft for Bitcoin Mining Imposes Loss of $25 Million in Malaysia
16.8.2019
Bitcoin Mining is a power-intensive activity, and it consumes a lot of electricity. A report by Cambridge last month showed that Bitcoin consumes more electricity than the entire country of Switzerland. While the cost involved is huge, it can be devastating to electricity manufacturers...
Bitcoin Defends Price Support, But Bear Case Still Intact
16.8.2019
Bitcoin has bounced from key price support, but the outlook remains bearish as long as prices hold below Thursday's high of $10,445
Ponzi Accused of USD 2B Heist & BTC Crash, Analysts Disagree
16.8.2019
In the past couple of days, the Cryptoverse was filled with discussions about an alleged Chinese ponzi scheme selling bitcoin and causing a crash, but according to cryptocurrency analyst group TokenAnalyst, that may not be the reason.
Dovey Wan, a founding partner of California-based investment...
Bitcoin and Altcoins at Continued Risk of Weakness
16.8.2019
After a strong decline, bitcoin price recovered above the USD 10,000 resistance level. BTC/USD even traded above USD 10,150, but it struggled to gain strength above USD 10,350 and USD 10,400. As a result, the bears took back control and pushed the price back below the USD 10,000 support level....
Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks
16.8.2019
The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark...
Bitcoin Price Analysis: Bitcoin (BTC) Performs a Quick Recovery by Rising Above $10,000
16.8.2019
Bitcoin recovers quickly from yesterday’s bloodbath; it is hovering around 10,300 USD. Bitcoin’s last month’s performance hints at a price rally at the earliest. After Yesterday’s quick fall below 10,000 USD, Bitcoin has been able to recover towards the closing of the day. Over the last 30 days,...
A Big Four Audit Firm Lost $1 Million In Bitcoin. Victims Are Losing Patience
16.8.2019
QuadrigaCX creditors are losing patience with their court-appointed law firm, demanding answers about the effort to recover their funds
These Portfolio Tracking Tools Will Also Prepare Your Crypto Taxes
16.8.2019
Tax season is months away, which is why you need to start preparing for it now. Leave everything to the last minute and you’ll only end up cursing your procrastination. Organize your cryptocurrency activity in advance and you’ll breeze through tax deadline day without so much...
Dallas Mavericks Fans Can Now Purchase Tickets and Merchandise with Bitcoin
16.8.2019
Since early last year adopting cryptocurrency has been in mind for the Mavs, when billionaire tech investor and the owner of the team, Mark Cuban indicated that fans would soon have the option to utilize Bitcoin to purchase tickets to the group’s games. Mark Cuban, one of the first...
Samsung Adds Bitcoin Support to Its Blockchain Keystore
15.8.2019
On August 13, Samsung, the South Korean multinational conglomerate, published the company’s new Blockchain Keystore SDK for developers and the latest release supports Bitcoin Core (BTC). The version follows Samsung’s previous Keystore release which only supported ETH and the ERC20...
Bitcoin Cash Records 17% Downtrend Within A Day, Dipping Below $300
15.8.2019
Bitcoin Cash’s sudden dip below $300 concerns traders BCH may reclaim $300 by the end of the day In the last 7 days, the highest recorded value of Bitcoin Cash (BCH) was around $353 and it has declined almost suddenly within a day to trade below $300. The current market performance of the coin...
Ron Paul Slams Fednow Payment System and Encourages Crypto Competition
15.8.2019
Ron Paul, the muckraking former congressman from Texas, is stirring things up once again, this time taking aim at the new real-time digital payment system proposed last week by the U.S. Federal Reserve. Presented as an innovative solution by government and media voices, the cryptosphere received...
Why US BTC ETFs Matter if ‘No One Cares’ About European ETNs and ETPs
15.8.2019
As a new round of decisions by the U.S. Securities and Exchange Commission (SEC) on bitcoin-backed exchange traded funds (ETFs) is expected in the coming months, questions are now being asked on why it even matters.
In an interview on Bloomberg TV on Wednesday with Hunter Horsley, CEO of Bitwise...
Social Pricing Game MoonRekt Now Permits Players to Bet With Bitcoin
15.8.2019
MoonRekt players now get to stake the crypto they're betting on: bitcoin!