Search
How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
14.7.2019
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion...
Police Bust Chinese Bitcoin Mining Farm After Surge in Power Usage
14.7.2019
Police confiscated over 4,000 mining devices in a 20 person bust
Ethereum Vs Bitcoin Price Analysis: ETH Takes Heavy Drive But BTC Maintains Its Momentum
14.7.2019
Ethereum price reaction reflects a heavy fall on the chart. Bitcoin maintains itself on the chart. Bitcoin demonstrates better potential than Ethereum since the beginning of the month. Ethereum (ETH) and Bitcoin (BTC) are the top rankers of the crypto market. The movement in the price affects many...
PR: Matrix Exchange Receives Approval From Abu Dhabi Global Market
14.7.2019
Abu Dhabi-based crypto asset exchange, Matrix Exchange announced on July 12 that it has received an In-Principle Approval (IPA) from by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) to operate as a crypto asset exchange and custodian in ADGM.
The post...
Hackers Stole $32 Million Worth of Crypto from BITPoint
14.7.2019
In yet another incident of massive crypto theft, BITPoint has reportedly been robbed of around $32 million worth of cryptocurrency. The investigators who are investigating this fraud have found that hackers got access to the BITPoint system for around 12 hours and in that period, this whole...
Bitcoin Price Analysis: Bitcoin Loses by Small Margin; Likely to Bounce Back
14.7.2019
Bitcoin has shown four huge price swings in 24 hours in the range of 2% and 6%. The next resistance is likely to be around 11,853 USD. Bitcoin has been tracked by many investors after its short stint of huge growth in the last few months. However, with growth, the coin has also experienced steep...
Top 5 Bitcoin Cashback Rewards Apps You Can Use to Earn Bitcoin
14.7.2019
Cashback rewards have been made popular by credit card companies seeking to attract new customers for their cards. Fortunately, for cryptocurrency users, there are also bitcoin cashback reward platforms that pay shoppers small rebates in bitcoin when making purchases with supported merchants....
Panda Group’s Crypto Terminals Offer Venezuelans a Bridge to Economic Prosperity
14.7.2019
Arley Lozano, founder of the cryptocurrency based startup Panda Group, recently explained how his firm is spreading cryptocurrency adoption throughout Colombia and Venezuela. Panda Group has deployed 10 hybrid cryptocurrency point-of-sale (PoS) terminals that also act as automated teller machines...
South African Payment Gateway Drops BTC Over Fees and Network Congestion
13.7.2019
On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.”...
Thailand Endorses Four New Crypto Service Providers to Operate in Country Legally!
13.7.2019
Thai SEC (Securities and Exchange Commission) has authoritatively endorsed four new digital asset business service providers. Moreover, new conditions, rules, and methods have been presented for digital asset organizations. Under the nation’s present regulatory system for digital tokens...
Binance Adds Margin as Exchange Competition Heats Up
13.7.2019
This week, the world’s largest exchange by trading volume, Binance, launched margin trading. In doing so, it made the elite group of exchanges that offer crypto derivatives less exclusive than it once was. Binance, Kucoin, and Bitmax have all rolled out margin products this year, in a bid...
One More Crypto Firm Wants to Provide Bitcoin Derivative Offerings in United States
13.7.2019
Investors in the US will soon be able to opt for Bitcoin derivatives from one more crypto company. trueDigital Holdings LLC, the global institutional platform based in New York for digital finance, has disclosed its plans of offering Bitcoin derivatives to the investors in the United States....
Bitcoin Price Analysis: BTC Price Dips Even Below $11500
13.7.2019
BTC price breaks below $11500, finds support above $11300 MACD currently indicates bearish momentum with moderate volatility RSI stands at 30, showing oversold momentum Crypto world may see this week to end on a weak note as its leading coin, Bitcoin seems to have a pale time. Since a couple...
John McAfee Says It’s Impossible To Regulate Cryptocurrencies, As Regulation Will Only Hurt Users
13.7.2019
After Donald Trump’s remark on Bitcoin and altcoins, crypto enthusiasts, stakeholders, and promoters have come out with strong reactions. While some asked Trump to invite crypto leaders to understand the industry as his advisors were misleading him, others thought that this is just another...
Bitcoin’s Bounce Back Might be the Biggest Bull Signal Ever
13.7.2019
Just when we thought that the price correction of Bitcoin is the result of the most influential personality, Donald Trump stating that he is not a big fan of Bitcoin and other cryptocurrencies. But taking this into consideration, it is important to note that Bitcoin and other cryptocurrencies have...
How to Avoid Ponzi Schemes in the Crypto Space: A Checklist
13.7.2019
If you have been in the crypto industry for a couple of years, you might have heard of two types of crimes. One, the cyber attacks, which like any other attack is an open threat, and the other, just a result of lack of awareness, are Ponzi schemes. Conmen have found a new playground in …
The...
Thailand Approves 4 New Cryptocurrency Service Providers
13.7.2019
The Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules...
Bitcoin Vs. Ripple: Bitcoin (BTC) May Become More Profitable than Ripple (XRP) in the Medium-term
13.7.2019
Bitcoin’s growth in the last 3 months has rocked the whole market. The impact can be seen on all other alternative coins as well. However, Ripple has been successful in avoiding a huge part of Bitcoin’s effect on its price. Here is an analysis of the price movement of both Bitcoin and Ripple in...
Bitcoin Price Analysis: Bitcoin’s (BTC) Volatility May Stop for Some time
13.7.2019
Bitcoin shows four major price swings in the last 24 hours. The target for 2019 remains at 15,000 USD. Bitcoin has been swinging significantly in the past months, but in the last 24 hours, it showed slight stability. There were four major price variations, but all of them are in the moderate range....
Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status
13.7.2019
Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most countries levy on the sales of goods and services. Georgia has become the latest nation...