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Bitcoin Miners 'Highly' Profitable Again, China Still Dominates
6.6.2019
At current prices, the average miner is highly profitable again, with even older gear and high-cost producers currently able to make profit, crypto investment firm CoinShares concluded in its newest report on Bitcoin mining. It also claims that China still dominates both the mining hardware...
Why Bitpay Is Really Charging More for BTC Transactions
6.6.2019
Bitpay has recently been attacked on social media for charging an extra fee for BTC transactions that it doesn’t ask of BCH users. The reality is that the company simply has to cover its operational costs related to the BTC network, whose fees are currently very high again. Also Read: How...
Crypto Market Outlook Downgraded to ‘Uncertain’ in New SFOX Volatility Report
6.6.2019
The current outlook for the crypto market has been downgraded from mildly bullish to uncertain in a new volatility report
This USD 100M Fund Goes Long on Ether, Plans Bitcoin, Filecoin Funds
6.6.2019
Darma Capital, a USD 100 million investment firm, is already looking for investors that believe that Ether, the native token of the Ethereum platform, is poised for a 10-year bull run, Bloomberg reported, citing Andrew Keys, a managing member in Darma.
The firm also aims to create similar funds...
3 Top Executives Depart Online Lending Fintech Startup SoFi
6.6.2019
Three top executives have departed fintech startup, SoFi, known for its online crypto lending services
SEC Confirms Ethereum As Legal Usable Currency, Terms KIN Token As Securities In A Lawsuit
6.6.2019
The legality of Bitcoin and Ethereum as a legit currency has been under the scanner for a long time. However, speculations were ended on June 5, when the Securities and Exchange Commission (SEC) confirmed Ethereum as a legal tender and usable foreign currency. In a lawsuit against Kik’s (KIN)...
Reserve Bank of India Denies Knowledge, Involvement in Draft Bill to Ban Crypto Entirely
6.6.2019
The Reserve Bank of India has denied having any knowledge or involvement in a draft government bill that would ban cryptocurrencies
Ethereum vs Bitcoin: ETH and BTC Progress with Slow Recovery
6.6.2019
In the last two days, Ethereum has gone through frequent price slumps. The coin was struggling to break the bearishness that lasted for a couple of days. However, since yesterday, the ETH price is slowly moving upward. Bitcoin price, on the other hand, has also increased in the last 24 hours....
Binance Hires Former NBA, Dell Exec to Head Global Strategy Initiatives
6.6.2019
Crypto giant Binance has a new strategic officer with experience in the department from similar positions at Dell and the NBA
Komodo Hacks Itself and Saves Crypto Worth $13M After Learning of Security Vulnerability
6.6.2019
Crypto wallet provider Komodo effectively hacked itself to prevent fraudsters from accessing its users’ funds
Bitcoin Price Analysis: As the Dust Settles, Bitcoin (BTC) Vs. Gold Debate Resumes
6.6.2019
Goldmoney.com has tried to convince people against the Drop Gold campaign of Grayscale. The 2019 prediction places the coin at 12,000 USD. As the short-term Bitcoin price rally stops, the debate again rises of superiority between Gold and Bitcoin (BTC). Bitcoin’s recent growth was working as a déjà...
Bitcoin Gold Price Analysis: BTG Price Fails to Recover Despite Bullish Trend in Bitcoin
6.6.2019
Bitcoin (BTC) is showing a price recovery in the market today. The currency is considered as the anchor to many altcoins, but it seems like Bitcoin is hardly affecting Bitcoin Gold’s current price. The U.S.-China trade war is likely to direct many investors to cryptomarket. The hopes from Bitcoin...
LocalBitcoin Loses Traders After Cash Trading Ban: 'Not Very Local'
6.6.2019
Finnish p2p veteran LocalBitcoins removed in-person cash trading due to regulatory pressure. Is this the start of a crackdown on cash-based deals?
Greenpages.cash Will Help You Find Merchants Accepting Bitcoin Cash
6.6.2019
Cryptocurrency needs places where you can spend it. Bitcoin cash, with its low-cost and fast transactions, is a good option for merchants and buyers. A platform called Greenpages.cash helps you find stores that will readily accept your BCH. Also read: New Browser Extension Enhances BCH Addresses...
Why Justin Sun Paid $4.5 Million Lunch With Warren Buffett Who Thinks BTC Is “Rat Poison Squared”?
6.6.2019
The TRON Founder- Justin Sun has paid 4.5 Million U.S. Dollars after winning the opportunity to be a part of the 20th Anniversary charity lunch hosted by Warren Buffett which will take place in the New York City. Is the hefty payment made just to grab a bite with Warren Buffett over the charity...
BTC Can Be Corrupted As It Is Made By Man; Unlike Gold Which Is Created By God: Gabelli Gold Funds
6.6.2019
The debate around Bitcoin and Gold is not new. Several pleas are presented for either side. Recently, in an interview, Chris Mancini, the analyst at Gabelli Gold Funds, shared his viewpoint about Gold VS Bitcoin. As per the analyst, the value of the traditional precious metal is in the uniqueness...
Bitcoin Struggles to Build Momentum After Defense of $7.4K Price Support
6.6.2019
A key technical line applied brakes to bitcoin's sell-off earlier this week, but so far the bounce has been shallow, with upside capped around $7,900
Bitcoin Cash Price Analysis: ECB Suggests BCH As One of The Most Important Coins
6.6.2019
Bitcoin Cash Gets Mentioned in the European Central Bank May 2019 Reports By the end of 2019, the coin may reach $800 – $850. The whole cryptocurrency industry aims to give a substitute for the existing financial system to the world. A substitute, which will be completely decentralized...
Australia Investigating Major Tax Crimes as Part of Crypto-Focused Tax Enforcement Taskforce
6.6.2019
The Australian Tax Office is reportedly investigating 12 international tax avoidance schemes alongside its international partners, with a key focus on crypto-enabled activities
European Football Giant SL Benfica Said Yes to Crypto (Almost)
6.6.2019
More good news came out of the merger of sport and crypto. One of the biggest names in European football, SL Benfica, started accepting crypto as payment “to buy match tickets and the entire range of Benfica products” in a “cheaper, safer and faster [way] than any other online payment method”,...