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Bull Case for Bitcoin Weakest Since February, Price Indicator Says
26.7.2019
The bullish mood in the bitcoin market is at its weakest in five months, according to key technical indicator
Indian Government Official Resigns After Drafting ‘Flawed’ Crypto Bill
26.7.2019
The Indian government official who headed the committee which drafted the bill to ban cryptocurrencies has resigned after releasing the report and draft bill which the crypto community calls “flawed.” Meanwhile, the government has confirmed that cryptocurrency is currently...
Bitcoin and Altcoins Trading Near Make-or-Break Levels
26.7.2019
Yesterday, we saw a decent rise in bitcoin price above the USD 10,000 level, but also discussed hurdles near the USD 10,200 level. BTC/USD failed to continue above USD 10,200 and it started a downside correction. The price declined below USD 10,000 and tested the USD 9,650 support. Similarly, there...
GRAFT Launches Instant Payment Transactions on top of Privacy Chain
26.7.2019
Earlier this week, GRAFT opened up the testnet for its marquee feature – RTA, which stands for Real-Time Authorizations. The functionality has been much anticipated and was predated by the launch of the Supernode network back in March of this year. The underlying PoW network has been...
Bitcoin Price Analysis: BTC Returns from Momentary Upsurge; Crypto Market Goes Bearish
26.7.2019
Bitcoin slips below its major support level of $10,000 and $9800 in the past 24 hours. The market continues to oscillate between the bulls and the bears. If BTC price slid and plunges below $9500; it is ought to incur losses. Bitcoin (BTC) sighed relief to its loyalists and investors after it...
LedgerX gets a Green Signal from the U.S. Market Regulators
26.7.2019
The U.S market regulators have given a green signal to LedgerX. This approval has opened the gates to trade Bitcoin futures for the exchange. This new shift in the exchange’s portfolio is expected to bring in more growth and is being considered as a step towards the brighter future of...
Russian Manufacturers Want to Sell Arms ‘using BTC or Stablecoins’
26.7.2019
Soyuzmash, a body of Russian military and civilian vehicle makers wants the country’s Central Bank to grant it permission to accept cryptocurrency payments in international arms deals – as an attempt to circumvent sanctions. Soyuzmash’s proposal has the backing of the parliament’s defense...
How Government Agencies Make Criminals of Crypto Traders
26.7.2019
A New Jersey man has been indicted this week for converting over $2 million to bitcoin and operating a private exchange business not registered with the U.S. Secretary of the Treasury. According to a July 24 press release by the U.S. Attorney’s office, 46-year-old William Green could face...
Florida-based Firm ‘Letting Venezuela Dodge US Sanctions with Bitcoin’
26.7.2019
Venezuela is reportedly using cryptocurrencies like bitcoin to sidestep American sanctions using a Florida-based company – while the country’s financial regulator has green-lighted wide-reaching crypto pay measures for its own Petro token.
Per a report published earlier this week by Spain’s...
DOJ Says Bitcoin Escrow Firm Bilked Investors for $7 Million
25.7.2019
U.S. prosecutors have charged the head of a bitcoin escrow company with defrauding investors for $7 million.
Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions
25.7.2019
Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay....
Venezuela Turned Airport Taxes Into Bitcoin to Avoid Sanctions: Report
25.7.2019
Venezuelan President Nicolás Maduro and his administration are said to be using proceeds from the airline industry – and cryptocurrency – to avoid sanctions
The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn
25.7.2019
“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those...
Dash Has Outpaced Bitcoin On Latin American Exchange, Claims Cryptobuyer CEO
25.7.2019
Dash is one of the leading privacy-focused cryptocurrency, a genre which is expected to grow in popularity as regulators across the globe are tightening their grip on normal digital currencies. However, one can hardly imagine it beating Bitcoin in the future, near and far! However, Cryptobuyer...
Amid Severe Price Fluctuations, Pantera Capital CEO Says Bitcoin Will Cross $350,000 in a Couple of Years
25.7.2019
After recovering from a six-month-long losing spree earlier in February this year, Bitcoin has again started to show dreadful signs of fluctuations, which could scare away investors, especially those who witnessed the turmoil of 2018. However, Pantera Capital CEO Dan Morehead thinks otherwise...
Bitcoin Fails to Remain Above $10,100, Is it a Short-lived Upsurge or is it Aimed to Sustain?
25.7.2019
Bitcoin soared above 10,100 twice today, lacks stability there BTC is battling with resistance above $10,070 The coin seems to have support near $10,060 Bitcoin is comparatively bullish against U.S.Dollar since yesterday, and it is today when the leading crypto coin has traded above $10,000....
Bitcoin Price Analysis: BTC Price has Dropped by More Than 25% in the Last 30 Days
25.7.2019
BTC price is currently trading at $10090.37 at 08:10 UTC on 25th July 2019. Considering the data from past one month, the highest valuation was seen on 27th June at 18:30 UTC with a trading value of $13860.55. The value dropped by 29.59% on 2nd July at 06:00 UTC with a trading value of $9778.91....
Consensys Inner Conflicts Spark Legal Action Against Founder
25.7.2019
Ethereum cofounder Joseph Lubin was recently summoned to court in New York when a former employee initiated a lawsuit for more than $13 million. According to the summons stemming from former Token Foundry CEO, Harrison Hines, relief was being sought for alleged unpaid profits, fraud, unjust...
Bitcoin Vs. Ripple: Both Coins are Escalating above Baseline as of Today
25.7.2019
Bitcoin price was initially seen trading at the lower value of $9575 on 24th July at 04:26 UTC. The value increased by 3.59% on the same day at 15:09 UTC with a trading value of $9916.15. In the next one hour at 16:18 UTC, the value dropped by 3.7% with trading value at $9536.44. Today …
The...
FBI Interrogates Bitcoin Racket Mastermind Arrested by The CID in Surat, US Agency’s First Visit to India
25.7.2019
In a first, premier United States investigation agency, Federal Bureau of Investigation (FBI), landed in Surat to interrogate the Bitcoin racket mastermind Satish Kumbhani. The officers interrogated Kumbhani for the crimes committed in the US through his BitConnect, his fraud crypto company....