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24K Casino Adds Ethereum
13.12.2019
We live in an era where the latest technology profoundly shapes our daily lives. The past decade has seen an unprecedented growth in technology that not only revolutionized the online gaming industry but literally turned it on its head.
The post 24K Casino Adds Ethereum appeared first on Bitcoin...
Bitcoin and Altcoins Recovery Still Might Fail In Near Term
13.12.2019
This week, we saw a downside extension in bitcoin price below the USD 7,400 and USD 7,350 support levels. BTC/USD even traded below the USD 7,200 support before it found support near USD 7,150. The price is currently (09:00 UTC) recovering, but there are many hurdles near USD 7,250, USD 7,350...
Iran, Hong Kong, India: Failed Protests Point to Need for Crypto-Anarchy ‘Second Realms’
13.12.2019
What is the second realm? It’s both an abstract and concrete “place” parallel to here, where temporary autonomous zones (TAZ) provide a chance to escape the burning surveillance spotlight of the state and brutal law enforcement culture, and allow for at least temporary exercises...
Mainstream Investment Vehicles Tied to Cryptocurrencies Grow Exponentially
13.12.2019
These days bitcoin and a variety of other digital assets are now being traded as funds and traditional equity holdings. The landscape of crypto investment vehicles has changed significantly as institutional and retail investors don’t need direct exposure to cryptocurrencies in order to invest...
German Fintechs Rush to Offer Crypto Custody Services Under New Law
13.12.2019
Fintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year. Berlin-based Solarisbank has established a subsidiary that will...
Mining Report Shows 65% of Bitcoin’s Hashpower Stems From China
12.12.2019
As the end of 2019 approaches, Coinshares Research has published its bi-annual mining report that contains informative research and observations about the bitcoin mining industry. Since Coinshare’s last report published in June, BTC’s hashrate grew by 50 exahash per second (EH/s)...
Canaan Crashed Almost 40% Amid Falling Bitcoin Price and Market Doubts
12.12.2019
Things are still not looking good for the second largest producer of Bitcoin (BTC) mining equipment, China-based Canaan (CAN), as it shares are searching for news lows after the debut on Nasdaq exchange on November 21, which made this the first mining company that went public on a major stock...
Croatian Post Now Offers Crypto Exchange Service at 55 Branches
12.12.2019
Croatian Post, the biggest provider of postal services in the Republic of Croatia, is now offering a cryptocurrency exchange service at 55 post offices throughout the country. Currently, five cryptocurrencies are supported. This follows a successful implementation and positive results of a pilot...
15 Million Debit Cards Exposed as Iranian Banks Fall Victim to Cyber Warfare
12.12.2019
The private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work...
NY Regulator Proposes Relaxing New Coin Listing Requirements
12.12.2019
The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will...
Bitcoin and Altcoins Sliding, Primed For More Losses
12.12.2019
In the past few sessions, bitcoin price remained in a bearish zone and settled below the USD 7,350 and USD 7,250 support levels. BTC/USD even broke the USD 7,200 pivot area and it seems like it could attempt a break below the USD 7,000 support area.
Moreover, there were bearish moves in most major...
IDEG Reports Launch of New Bitcoin Trusts in Asia With Coinbase as Custodian
12.12.2019
According to a recent press release from IDEG Investment Limited, “Asia’s First Bitcoin Trusts” have been launched “as a traditional and comfortable way for ‘old money’ to invest in digital assets.” The two trusts, Asia Bitcoin Trust I and Atlas Mining...
China’s Inflation Hits a Record 4.5% as Beijing Prepares to Test Digital Yuan
12.12.2019
China has been confronted with multiple economic and financial problems this year amidst an ongoing trade war with the United States. Authorities in Beijing have been trying to overcome the challenges with administrative measures in what has become a market economy over the years. Inflation of...
SLP Token Market Cap Surpasses $50 Million
12.12.2019
For over a year now, the Simple Ledger Protocol (SLP) token universe has grown quite vast. There are now more than 6,000 SLP tokens in existence and a number of SLP tokens have seen price discovery. Moreover, tokens listed on our SLP market capitalization aggregator show in the last two months...
AI Research Reveals Crypto Leaders Are Angry and Depressed
11.12.2019
An artificial intelligence-driven personality research on the characteristics of crypto industry leaders such as Vitalik Buterin, Justin Sun, and Brian Armstrong found that intellect, liberalism, and cautiousness are their top personality traits. And a comparison with general tech titans showed...
BRD’s Adam Traidman on New Products, Crypto Adoption, and Banking the Unbanked Into 2020
11.12.2019
Breadwallet, later known as Bread, and now just as BRD, was the first crypto wallet in the App Store in 2014. Its non-custodial, open source and user-friendly nature saw it become very popular, now with nearly 3 million users worldwide. CEO Adam Traidman took some time to field questions from...
There’s a New Game That Will Make You a Bitcoin Collector
11.12.2019
A game screenshot.
Want to be a Bitcoin (BTC) collector, but you are either afraid of getting in the game or don’t have the funds to? Want to see what life is like for miners (not literally)? Well, there’s a literal game for you to play and experience what it’s like being a miner.
The Cryptoverse...
Market Update: Despite Uncertainty, BTC Longs Skyrocket
11.12.2019
Digital currency prices have slumped again as the entire crypto market capitalization has dropped below $200 billion. At press time, most of the top digital assets are down a few percentages after gathering some gains over the last few days. With multiple coins getting rejected after trying...
Hedge Fund Chief ‘Concerned’ by Growing Bitcoin Stock-to-Flow Hype
11.12.2019
The CEO of Singaporean hedge fund Three Arrows Capital has warned that stock-to-flow-based predictions about rising Bitcoin (BTC) value in 2020 could be wide of the mark – and has claimed that investors pinning their hopes on mining reward halving and stock-to-flow movements could end up...
Denmark’s Tax Authority Sends Warning Letters to 20,000 Crypto Owners
11.12.2019
The tax authority of Denmark has reportedly sent out warning letters to 20,000 crypto owners asking them to amend their tax returns, pay taxes on crypto gains, or face penalties. The tax agency is demanding a full breakdown of their crypto transactions; it recently obtained information on these...