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Bitcoin Has 50 Times More Concentration Than Global Wealth
18.8.2019
The basic idea behind the inception of cryptocurrency is to decentralize and take away the rigid control that some banks and organizations have on the monetary transactions. However, according to the latest report of the PARSIQ, an organization involved in the monitoring of the blockchain...
Bitcoin History Part 15: Silk Road Is Born
18.8.2019
Silk Road launched in February 2011 as the darknet’s first bitcoin-based marketplace. Within four months, it would be the darknet’s most notorious site whose reputation extended all the way to the U.S. Senate. The origins of the drugs marketplace can be traced back further, however,...
The Entire Bitcoin Dynamic is Changed by the Lightning Network, Says Samson Mow
18.8.2019
Samson Mow, BTCC Exchange’s Founder and Magical Crypto Friends and Blockstream’s present CSO, recently shared his views on Bitcoin’s status and Lightning Network’s advantages in an extensive conversation with SFOX. Blockstream has intended to extend its support to the network of Bitcoin through...
Bakkt Announces September Launch for Its Much-Awaited Bitcoin Futures
18.8.2019
After a long waiting period, Bakkt finally has a launch date for its Bitcoin Futures contracts. As per the official announcement by Bakkt, the company will be launching bitcoin futures on 23rd September 2019 to institutional clientele. This update was made public yesterday via Bakkt’s official blog...
Philippines Increasingly Crypto Friendly – A Look at Driving Forces
18.8.2019
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community...
IRS Revoking Passports Shows How Government Erodes Everything We Hold Dear
17.8.2019
If you have outstanding tax debt, the IRS may now want to take your passport. For U.S. crypto holders still waiting on promised IRS guidelines for filing — especially those overseas who may have missed these warning memos — the over 400,000 agency notifications issued since February...
Bitcoiners Brace for More Performance Art and Another ‘Satoshi Reveal’
17.8.2019
On Friday, a variety of paid press releases were published stemming from a company called Satoshi Nakamoto Renaissance Holdings, a firm that claims a big “reveal” is coming on Sunday, August 18. According to the announcement, Satoshi Nakamoto will divulge his “real-life...
Bitcoin Cash Price Analysis: Bitcoin Cash (BCH) Records 3% Downtrend in the Last Month
17.8.2019
Crypto exchange Kraken has switched to CashAddr which may benefit BCH users Bitcoin Cash price may surge up to $320 in the next one week Bitcoin Cash has slowed down after showing rapid price surge in the past two months. The coin started trading below $300 for some time in the last seven days...
Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies
17.8.2019
Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this...
Bitcoin Price Analysis: Bitcoin (BTC) May Go Bullish and Surge up to $12,000 Soon
17.8.2019
It has been a good year for the Bitcoin holders as the coin has shown significant jumps every now and then. The month of June was spectacular for BTC holders giving them huge profits, and it may repeat in the next few months. Bitcoin may move past its current market trends depicting slow movements...
20 Crypto Jokes on the Way Back to USD 20K per Bitcoin
17.8.2019
This week in Bitcoin news: BTC dropped to USD 10.5K, while Ether and XRP remained steady and BCH rallied, then it dropped below USD 10K, then it went above USD 10K...This happened a few more times. Your first visit to the Cryptoworld? No need for a heart attack, this is normal around here....
Bitcoin vs Ripple: BTC & XRP Both Are in Negative; Early Recovery Seems Unlikely
17.8.2019
Bitcoin is down by 0.22%, and Ripple lost 0.94% in the last 24 hours. Both the coins may take more than usual time to see a recovery. BTC and XRP, as two of the high ranked coins, have not been able to yield any significant growth over the last 24 hours. However, Bitcoin price got …
The post...
Bitcoin Cash (BCH) Reflect Moderate Movement, Ethereum (ETH) & Ripple (XRP) Suffer From Heavy Loss
17.8.2019
Ethereum (ETH/USD) Price Analysis: Ethereum is the second-largest coin in the world. The coin opened with a downtrend. The coin recently experienced a heavy pullback in price due to the market pressure. The currency was trying to improve, but once again, the coin fell. Let’s have a look at...
How Coinbase Quietly Became the World’s Biggest Bitcoin Bank
17.8.2019
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with...
These Bitcoin Users Want DAI and DeFi – Here’s How They Plan to Get It
16.8.2019
The Cross-Chain Working Group project will (almost) enable bitcoin transactions on ethereum, opening up a new world of interacting smart contracts
Bitcoin Cash Price Analysis: BCH Price Escalated By 9% Since Yesterday’s Fall
16.8.2019
BCH coin was valued at as low as $277.9 on 16-July-19 at 19:00 UTC. With a couple of price surges over the next few days, Bitcoin Cash managed to reach $340.8 on 20-July-19 at 16:30 UTC. However, it could not maintain its performance at this level and started to decline. Towards the end of July...
Ethereum vs Bitcoin: BTC Reclaims $10,000, ETH Still Appears Well Below $200
16.8.2019
Bitcoin has recently managed a mild price recovery, trades above $10,000 ETH has also rebounded from $175.94, but is still around $183 BTC appears to have a support above $9500, ETH may see support around $183 Bitcoin, after a remarkable bearish phase is ready to take the crypto market up as...
Bakkt Says It’s ‘Cleared to Launch’ Bitcoin Futures Next Month
16.8.2019
Bakkt says it will launch Sept. 23 after receiving a trust charter through the New York State Department of Financial Services
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...