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Bitcoin Price Analysis: Bitcoin’s Last Month Volatility Hints at Similar Phase in Future
20.7.2019
Bitcoin has shown five major price variations in the last 1 month. By the end of 2019, the coin may trade around 15,000 USD to 20,000 USD. Bitcoin (BTC) could not gain momentum to start a price rally to revive completely. In the last 24 hours, the coin has shown some huge price variations...
G7 Agrees on Crypto Action Plan Spurred by Facebook’s Libra
20.7.2019
G7 finance chiefs met this week and Facebook’s Libra cryptocurrency was high on their agenda. They agreed on several crypto initiatives and fast regulatory responses to projects such as Libra, calling for them to meet the highest standards of financial regulation. Also read: G20 Leaders Issue...
Could Donald Trump Ban Bitcoin?
20.7.2019
He can try, argues Noelle Acheson – but the risk he might succeed is outweighed by the benefits of the heightened conversation
Bitcoin Cash Milestones: Delivered Code, Upgrades and Platform Development
20.7.2019
Bitcoin Cash (BCH) platform and protocol development have seen a lot of delivered code and projects over the last two years. The upgrades will help Bitcoin Cash scale to the masses, and many of the added features are protocol developments that are unique to BCH. Also read: Indian Government Breaks...
7 Unorthodox Ways to Mine Bitcoin
20.7.2019
Bitcoin isn’t crazy – in fact it might just be the soundest monetary system this generation has ever known. Some of the techniques miners have devised to extract it, however, are extremely unorthodox, ranging from the ingenious to the downright crazy. Here are seven of the strangest...
Hayek’s 1984: Rediscovered Footage Shows Austrian Economist Predicting Bitcoin
20.7.2019
Born in 1899 in Vienna, Nobel Prize-winning economist F.A. Hayek is a legend of sorts in voluntaryist, libertarian, and crypto-economic circles. Freshly rediscovered video footage of the Austrian School philosopher and social theorist from 1984 is now making the rounds on crypto Twitter. In...
Ethereum’s Wrapped Bitcoin Set to Eclipse Lightning Network Capacity
19.7.2019
Since the project launched a little over six months ago, Wrapped Bitcoin (WBTC) has roughly $5.9 million or 558 BTC locked into the system. At the rate WBTC’s token contract is climbing, the project is close to surpassing the Lightning Network’s capacity in the near future. Also read:...
Coinbase Drops Its Coinbase Bundle Crypto Investment Product Without Any Explanation
19.7.2019
World’s leading crypto exchange Coinbase has struck down the Coinbase Bundle, a crypto investment product, from its website. The company removed the product without any prior information or explanation. The Coinbase Bundle was introduced last year in September, with the aim of giving a simplified...
Bitcoin Mining Helps Oil Companies Reduce Carbon Footprint
19.7.2019
Natural gas acquired as a byproduct of oil extraction has become synonymous with wasted energy. In certain areas, drilling companies are unable to find a profitable market for the excess fuel. It’s often vented into the atmosphere. Startups are now offering on-site systems that utilize...
Bitcoin is Declared as Legal Virtual Property by Chinese Court
19.7.2019
Bitcoin (BTC) has now been declared as a legally recognized virtual property by a Chinese court. As per the Hangzhou Internet Court ruling, Bitcoin has the characteristics to be regarded as a virtual property and thus owning Bitcoin will be legal in China. The court also said that the digital...
UK Thieves Burgle Bitcoin Center, Find Zilch
19.7.2019
A bold maneuver in the dark nets a group of wannabe crypto thieves in Birmingham, UK, very little
What It’s Like to Review Bitcoin’s Code
19.7.2019
CoinDesk dives deep into the complex process of reviewing code for the Bitcoin Core software
Short of Target: Bitcoin’s $1K Rally Still Leaves Bear Bias Intact
19.7.2019
Bitcoin (BTC) has rallied sharply in the last 24 hours, but the bulls must still beat key resistance just over $11,000
Bitcoin vs Ethereum: BTC Bull-Run Uplifts Crypto Market; ETH Correcting Down after Price Rally
19.7.2019
Recently, Bitcoin has stepped out of the bearish impact and it took a massive surge above $10,000 over the last 1 day. The price movement of the leading crypto coin has positively impacted major altcoins such as Ethereum and Ripple. Yesterday, BTC had struck an increase above $10k and at present...
Bitcoin vs. Ripple Price Analysis: Both Bitcoin & Ripple are Leading towards Stability
19.7.2019
Both Bitcoin and Ripple have shown three price variations each in the last 24 hours. Both the coins are now moving towards cutting out volatility. Bitcoin has been able to pull itself from the downtrend. It has gotten its strength back, and the same is happening with Ripple as well. The medium-term...
Bitcoin and Altcoins Gaining Momentum
19.7.2019
This week was mostly bearish, with strong downward moves in bitcoin and altcoins. Recently, BTC/USD found support near the USD 9,250 level and started a strong recovery. The bulls were able to break a couple of important resistances near the USD 10,000 and USD 10,200 levels. The price tested...
Indian Government Breaks Silence on Crypto Regulation
19.7.2019
The Indian government has finally spoken up about the regulatory framework for cryptocurrency it has been deliberating, providing answers to questions presented in the upper house of the Parliament of India. The government also confirmed that the report with the recommended crypto regulation...
Chinese Court Rules that Bitcoin has Legal Value - Report
19.7.2019
An internet court in China has reportedly made a landmark ruling on cryptocurrencies, recognizing Bitcoin as having legal value as property.
Per Chinese media outlet BJ News, Hangzhou Internet Court – one of three legal bodies in the country that handle digital and internet-based legal matters...
Bitso Becomes First Regulated Crypto Firm In LATAM, Adoption To Get Boosted In The Region
19.7.2019
Cryptocurrency trading platform Bitso has become the first crypto company to be regulated in Latin America, which has opened the door for numerous possibilities. At a time when regulators in Washington and other major countries are lashing Bitcoin and other digital tokens, the move in Mexico...
Bitcoin Price Analysis: Bulls are Back in the Race as BTC Shoots Above $10,500 Again
19.7.2019
Bitcoin price resumes its position above 10,500, forms support near $9800 and $10,000 BTC currently battling with resistance below $10,600 BTC has reached above 10,000 only in 2 hours, $9321.17 has acted as a strong support A steady surge above $10,700 is anticipated if Bitcoin manages to clear...