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When Cash Is Banned, Centralized Cryptos Are Not Going to Save You
30.7.2019
Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many...
Senator Admits U.S. Can't Ban Bitcoin, Crypto Market Goes Up
30.7.2019
The crypto market corrected higher following a hearing entitled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” at the U.S. Senate Banking, Housing, and Urban Affairs Committee today.
At pixel time (16:33 UTC), bitcoin trades at c. USD 9,697 and is up by 1% in the past...
Bitcoin Price Analysis: BTC Makes Constant Efforts to Top $9500 Stably, Faces Hurdles
30.7.2019
Bitcoin is in an attempt to climb above $9500, though fails to clear resistance BTC recently had a close above $9500, but couldn’t remain there and pulled back near $9490 The coin has recently found support at $9467.95, although it continues to move sluggishly Bitcoin continues to trade bearishly...
Bitcoin’s (BTC) Market Cap Shows a Loss of 21% Over the Last Month
30.7.2019
Bitcoin lost about 20% over the last one month. It is likely to reach 15,000 USD by the end of 2019. Bitcoin seems to have lost the track. After days of anticipation of growth, the coin is now probably heading towards its support zone. Here we will analyze Bitcoin’s price movement against...
Reddit Roasts the IRS: Have America’s Tax Collectors ‘Gone Crypto Fishing’?
30.7.2019
In a juicy little chunk of news from the Redditsphere, a user claiming to be a former IRS employee has called the agency’s new crypto compliance letters “broad and very error-prone fishing expeditions.” The throwaway account details the “really bad data” used by...
What Three Bitcoin Metrics Show
30.7.2019
As bitcoin price is showing some early signs of a possible recovery, let’s take a look at three popular valuation metrics for bitcoin to better understand the current situation in the market.
NVT Ratio
The Network Value to Transactions (NVT) Ratio for Bitcoin is now at 77.4. This is within...
Curtin University to Accept Cryptocurrency-Based Funds for Ph.D. Program
30.7.2019
The Australian University Curtin has introduced an innovative cryptocurrency Ph.D. scholarship fund. The data scientist of Curtin has designed the program in the way that companies and individuals can donate to fund the Ph.D. students studying subjects like cybersecurity, blockchain, and data...
Bitcoin (BTC) Trades Below $9500, Will the Year-End Lead to a Pale Closing of the coin?
30.7.2019
Bitcoin slips below its major support level of $9500, consolidating support near $9300. BTC price plunge has led to losses for the investors. With such trading momentum, will the coin close the year around $15,000 or slid to $7000; remains the crucial question. Just when the coin was seen...
Blockchain.com Launches High Speed Crypto Exchange for Retail Traders
30.7.2019
Cryptocurrency investors looking for a trading platform focused on high speed performance just got a brand new option, from a company they probably already know and trust. Popular wallet provider Blockchain.com is launching The Pit. Also Read: Blockchain.com Launches New Bitcoin Cash Block Explorer...
Bitcoin’s Largest Wallet Blockchain Just Launched Its First Crypto Exchange
30.7.2019
Bitcoin wallet provider and blockchain explorer Blockchain just launched its first exchange platform, the PIT
Bitcoin Vs. Ripple: BTC & XRP May Spend this Whole Quarter before Seeing any Significant Improvement
30.7.2019
Bitcoin and Ripple were in worse shape than they were a few days back. Both the coins have lost a significant amount of value in the last few days. However, these coins are likely to bounce back by the end of this quarter and reach 15,000 USD & 0.9 USD by the end of this …
The post...
Square Crypto Remains 'Open' Despite Strong Focus on Bitcoin
30.7.2019
Square Crypto, the cryptocurrency-focused division of U.S.-based major payments company Square, is open to things that "complement Bitcoin," Steve Lee, the recently hired first member of the team, said during a Q&A session on Twitter on Monday.
He was responding to a question what does he think...
Golden Cross Provides Glimmer of Hope for Bitcoin Price Revival
30.7.2019
Bitcoin's bulls have reason to be optimistic despite the recent 33 percent price drop, as a long-term technical indicator has turned bullish
BitFlyer launches ‘Simple’ Bitcoin Buying and Selling Service for EU Market
30.7.2019
The European arm of Japan-based cryptocurrency exchange bitFlyer has launched a bitcoin buying and selling service aimed to be easy to use
Bitcoin and Altcoins Showing Early Signs Of Recovery
30.7.2019
After strong bearish moves, bitcoin price started a short term upside correction above USD 9,350. BTC/USD is currently (08:00 UTC) consolidating near the USD 9,500 level and it might slowly recover above the USD 9,650 and USD 9,720 resistance levels. Similarly, there are a few positive signs...
US Capital Global commits $10 million to NYCQ Fund LP
30.7.2019
The private financial group founded in San Francisco, US Capital Global, is trying its hands in cryptocurrency and blockchain industry. As per the report surfaced on Monday, the FINRA licensed company will be placing $10 million accredited funds for equity stakes in NYCQ Fund LP. CityBlock Capital...
Worldwide Whiplash! Human Traffickers Misuse Bitcoin to Hide their Hideous Crime
30.7.2019
We live in a modern world, with technology taking over almost all the aspects of our lives. Technology offers growth, comfort, and efficiency. On the one hand, where the blockchain technology offers us so many revolutionary ways to outgrow our previous successes while the same potential gets...
Ethereum vs Bitcoin: BTC Bounced Back From $9118, ETH Correcting Down From $215
30.7.2019
Bitcoin and Ethereum have recently seen a sharp fall followed by a rebound ETH is correcting down from $215, BTC is correcting down from $9668 Bitcoin is up as compared to the last couple of days, though is yet to touch $10k price mark Ethereum has also shown an increase recently but is still...
Darknet Dealer has to Pay Penalty of $4 million From Different Bitcoin Wallets
29.7.2019
A high-volume seller of the drug on the dark web got captured by police after a sting operation. He has to pay a penalty of $4 million. The penalty amount to be paid by the accused is in cryptocurrency and quadrillion Zimbabwe banknote. The kingpin lost his stash to undercover police to whom he...
Exploring the SLP Token Universe Built on the Bitcoin Cash Chain
29.7.2019
Since last August, the Simple Ledger Protocol (SLP) has become a prevalent application within the Bitcoin Cash ecosystem. So far there’s been thousands of SLP tokens created, a number of which have been very popular and used regularly. Tokens have been issued by governments like Liberland...