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Central Bank Gold Hoarding Hits 50-Year High
30.12.2019
While dozens of the world’s economic leaders participate in extreme monetary easing policy, central banks have also been hoarding gold. Central banks accumulated over 668 tons in gold purchases this year, which is more than 2018’s record numbers. In fact, the key drivers in gold demand...
French Businessman Detained for Stealing €1.2 Million in Crypto From His Partners
30.12.2019
An investigation launched on the request of a French startup has led to the indictment of a 37-year-old entrepreneur accused of stealing 182 BTC from the company he cofounded. Embezzlement of money is one the charges brought against him by the public prosecutor’s office in Paris. Also read:...
You Can Now Buy Cryptocurrency With Credit Card on Bitcoin.com Exchange
29.12.2019
Users can now purchase cryptocurrency with a credit or debit card on Bitcoin.com’s premier trading platform via a new partnership with Moonpay. The Bicoin.com Exchange has been rapidly expanding its offerings by adding new SLP tokens. Also Read: Gocrypto SLP Token Starts Trading...
Google Bans Crypto App Metamask From Play Store
29.12.2019
Soon after Google-owned Youtube has swung the strikes hammer against video content creators that talked about cryptocurrency-related topics, another arm of the search monopoly has taken down a popular ethereum dapps client. Also Read: Youtube ‘Christmas Purge’ Has Content Creators...
Market Update: Crypto Traders Search for Bullish and Bearish Trends
29.12.2019
During the last few days, digital currency markets have been meandering sideways and prices have been less volatile. On Sunday, during the last 24 hours, the entire cryptoconomy is hovering just below the $200 billion zone and there’s roughly $71 billion in global trades. Crypto proponents...
Indian Government’s Institute Offers Blockchain Training in Multiple Cities
29.12.2019
The National Power Training Institute, under India’s Ministry of Power, is offering blockchain training in multiple cities throughout the country. Participants will learn about blockchain technology, its use cases, smart contracts, Ethereum, cryptocurrency, Bitcoin, and even mining. Also...
France’s Social Media Stalking Points to the Violence of Fiat, Consent of Crypto
29.12.2019
France will soon be monitoring social media accounts to catch suspected tax evaders. The endeavor could label anyone as suspicious who so much as posts a “taxation is theft” meme or a poses with a nice car. The country’s budget minister, Gérald Darmanin, called...
Cloud Token and the Rise of MLM Crypto Projects
29.12.2019
Chinese law enforcement recently busted 72 individuals connected to the Cloud Token (CTO) scam. The Ponzi was similar to the Plustoken fraud and CTO scammers made off with $500 million. According to regional press, the CTO scam artists are likely connected to the Plustoken swindlers. Moreover...
Authorities in Sichuan Go After Miners to Save Electricity in the Dry Season
28.12.2019
Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower...
Harsh Laws Make Bitcoin Holders Consider Renunciation or Dual Citizenship
28.12.2019
As digital currencies become a mainstay in society, a great number of governments have enforced strict tax guidelines, severe money transmission rules, and tough regulations. Because of a few nation-states’ harsh rules against cryptos, there are individuals who plan to renounce their...
Asia’s Love Affair With Blockchain Is Blossoming
28.12.2019
Far away from western eyes, Asian blockchain projects are thriving. A vibrant ecosystem of public and permissioned chains has sprung to life in Asia, aided by government and big business endorsement of distributed ledger technology (DLT). Many of these chains are virtually unknown outside of...
Mainstream Media’s Hit Piece on Hitmen Fails Miserably
28.12.2019
Mainstream media is probably one of the worst mediums for factual information because it’s typically filled with ignorance and propaganda. When it comes to cryptocurrencies, darknet markets, and encryption, conventional news outlets publish hit pieces that are beyond absurd. On December...
User Reports Reveal Visa and Mastercard Outages During the Holidays
27.12.2019
Having problems with payments around Christmas can be frustrating, especially for those who leave gift buying till the last minute. With calmer markets this holiday season, the crypto ecosystem has been operating relatively smoothly, with few exceptions. The fiat world, however, saw some glitches...
As FATF Regulations Galvanize, Crypto Mixing Applications Are Targeted
27.12.2019
Since the inception of Bitcoin, governments have tried to keep track of all the transactions taking place on the public blockchain. As the years progressed, authorities have shown a distaste for cryptocurrency mixing applications like Coinjoin. On Dec. 19, a Binance customer couldn’t withdraw...
4 Beijing Regulators Issue New Crypto Activity Warning
27.12.2019
Four financial regulators in China have jointly issued a fresh warning regarding crypto trading activities in Beijing. The notice explains the reason for the warning and lists prohibited crypto activities, which have reportedly been surging as companies ramp up their blockchain promotion. Also...
Crypto’s Counterpunch to U.S. Hegemony and Empire
27.12.2019
“The Muslim world should be designing measures to save themselves from the domination of the United States dollar and the American financial regime.” —Hassan Rouhani, President of Iran Also Read: Crypto Confronts Social Justice Warriors Hegemony and Muslim Resistance Hegemony...
Bitcoin and Altcoins Confined In Crucial Range, Bulls Struggling
27.12.2019
Recently, bitcoin price spiked above the USD 7,250 and USD 7,350 resistance levels. However, BTC/USD was rejected near the USD 7,400 level, resulting in a fresh decline. The price trimmed gains and it is now (09:00 UTC) consolidating near the USD 7,200 level.
Likewise, most major altcoins are back...
Germans Rush to Buy Gold as Draft Bill Threatens to Restrict Purchases
27.12.2019
Reports have emerged depicting long lines in front of a physical gold sales location in Germany, in view of pending legislation which would once again lower the anonymous purchase limit, this time from €10,000 to €2,000. The last drop happened in 2017 when the limit was set...
Shenzhen Stock Exchange Launches Index of Top 50 Blockchain Public Companies
27.12.2019
The Shenzhen Stock Exchange has launched a blockchain index comprising 50 of the largest publicly listed companies with blockchain ventures by market capitalization. Blockchain-related stocks in China have been gaining value since President Xi Jinping openly advocated for the technology. Also read:...
Bitcoin Gained 8.9 Million Percent Over the Last Decade
27.12.2019
2020 is fast approaching and the last decade will be behind us. Throughout the last ten years, the biggest unicorn firms were born like Uber and Airbnb. However, even though Bitcoin isn’t a company, the best investment of the decade belongs to the decentralized cryptocurrency Satoshi created....