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Holding Bitcoin Is Legal In China, Says Bank Of China Law Research Association Council Member
22.5.2019
While most of Asia is booming, China continues to remain a barren land for cryptocurrencies. The world’s second-largest economy has kept its doors shut to Bitcoins, though accepting blockchain technology. However, the latest news coming from China seems to be quite encouraging for crypto...
Australian Man Mined Bitcoin From Government Computers; Can Face Prison For 10 Years
22.5.2019
The increasing interest of people in Bitcoin is not surprising given the global popularity the #1 cryptocurrency enjoys. An Australian man based in Sydney, however, took his love for Bitcoin mining to another level. He tweaked the government IT systems to utilize them for Bitcoin mining...
Blockstream CSO Samson Mow Says Bitcoin Wasn’t Meant To Be Fast, As It Had To Be Reliable
22.5.2019
Bitcoin has been one of the most popular debate topics since its inception in 2019. The world has been divided by various opinions of the ultimate cryptocurrency. However, Samson Mow’s recent comments of Bitcoin has triggered another controversy. During a television interview, Mow said that...
Israeli Court Rules Bitcoin Is an Asset
22.5.2019
An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor...
OKCoin Partners up With Prime Trust Co to Launch Prime Trust as USD payment channel
22.5.2019
On May 20, 2019, OKCoin announced via the social media of Twitter that it will be collaborating with Prime Trust Co, a Blockchain driven trust company to Launch Prime Trust as a new USD payment channel. According to the tweet, OKCoin users outside the United States will now be able to deposit...
Bitcoin Attaining $8,000 Marks An End to the Crypto Winter, Says Tom Lee
21.5.2019
According to Tom Lee, the CEO, and Co-Founder of Fundstrat Global Advisors, the crypto winter has finally come to an end. We all know that Bitcoin and the entire crypto market have witnessed a price slump since the past few months. But things began to look better again since the start of April....
Ethereum Trading Volume Reaches $900 Million
21.5.2019
The current bull run on the crypto market is reflecting on many major cryptocurrencies, and Ethereum is no exception. Trading of Ethereum witnessed a record high of $900 million. For the past four months, ETH has steadily increased, doubling from a low of just over $ 100 in February to its current...
Decision on VanEck/SolidX proposal for ETF coming up by the SEC after the repeated delays
21.5.2019
The complete crypto industry is paused for the verdict of the SEC on VanEck/SolidX Bitcoin ETF. The decision is pending for the last few months. The commission will be coming up with its decision today, 21st May. As per the publication of Federal register SEC was given a time limit of ninety days...
BTC vs. XRP: XRP Movements Coincide with Bitcoin, Though Has No Change in the Market Position
21.5.2019
Bitcoin price that was a virtuoso in the race of bullish market seems to have a struggling journey to continue the Bull Run. By the end of the previous week, Bitcoin value has been abating in comparison to the hike it had in the fortnight. However, as the weekend turned the corner Bitcoin price...
Benefits of Binance over-the-counter (OTC) Trading Desk for crypto-to-crypto Transactions
21.5.2019
Binance is the most famous cryptocurrency exchange which was started in China; lately, they have shifted their center of Operations to the crypto friendly island of Malta in the European Union. Binance is the name which comes in mind for crypt to crypto exchange services. Even though it...
Zulu Republic’s WhatsApp Move Via Lite.IM Could Change The Crypto Game For The Masses
21.5.2019
Cryptocurrencies are here to stay; there’s no doubt about it. The market withstood the worst times and survived through them, proving their mettle. However, the mass adoption of digital currencies is still a few breakthroughs away. Zulu Republic’s announcement made on Sunday could just be that....
No Altcoin Pumps During The Ongoing Bull Run, Says Mike Novogratz
20.5.2019
If you are awaiting the altcoins to make the most of this ongoing bull run of the market, then you may find the news a bit disappointing. According to Michael Novogratz who heads Galaxy Digital, a cryptocurrency merchant bank, this time the market may not see altcoins experiencing 40% pump in...
Gujarat Bitcoin Trader Commits Suicide, Blames Senior Cop And Brother In Suicide Note
20.5.2019
India is an emerging nation, which is known to wholeheartedly welcome innovative technology, but that hasn’t been the case with cryptocurrencies. The crypto industry has faced severe blows from regulatory authorities, resulting in unorganized crypto trade in the country. However, the news that came...
Tyler Winklevoss Roots for BTC as “Gold 2.0” in His Recent Tweet
20.5.2019
Bitcoin has been a boon and a bane at the same time due to its not so long history. This gives rise to all kinds of debates, expectations, perspectives around the cryptocurrency and the traditional fiat currency, the comparisons between values of the traditional financial ways and the ways...
Patrick Byrne the Overstock CEO lashes investors for questioning his share sale
20.5.2019
The CEO and Cofounder of Overstock, Patrick Byrne, had sold nine lakh shares of his company stock. The sale has resulted in a massive reaction among the common people and has demanded him the answer for the same. The news of the sale has affected the stock price of the company. It is reported that...
Bitcoin (BTC) Price Analysis: Bitcoin Bull Run Will Not Sink So Easy
20.5.2019
Bitcoin price that was rising since a fortnight had come to a halt after the hump half of the previous week. Bitcoin price was surging at an increasing rate, but the plunge was swaying between the various price ranges. Just when the analysts and investors were assuming this fall to be the close...
Is Bitcoin Moving Towards the $10000 Mark Already?
20.5.2019
As popular traditional investors and top bank executives ridicule Bitcoin and it’s decentralized model, the cryptocurrency unheedingly moves higher, similar to the high of late 2017. At the point of writing this, the price of Bitcoin is a soaring $8221 and rising. Does this mean that Bitcoin will...
Latest Hack Sparks Concern Whatsapp Will Never Be Secure
20.5.2019
Facebook’s popular messaging app with 1.5 billion users in over 180 countries has another major vulnerability. Hackers were able to covertly install spyware on iOS and Android smartphones using Whatsapp with just a phone call. “All of their security issues are conveniently suitable...
Bitcoin (BTC) Price Analysis: Bitcoin Takes The Cryptomarket On An Upward Ride, Bullish Trends Continue
19.5.2019
Bitcoin (BTC) is soaring higher, and the market looks positive now Bitcoin brings back the bullish trends; market celebrates the growth Bitcoin has given the traders a reason to rejoice as the currency is moving upwards once again. Being the world’s first cryptocurrency, Bitcoin always has a large...
Studies Indicate Young Generation Likely To Invest In Bitcoin More Than Gold, Says Grayscale
18.5.2019
Gold has been the most preferred investment asset for steadiness and stability for decades; however, the pattern seems to be changing. Crypto funding platform, Grayscale claims that the young generation is breaking the trend and moving away from gold investments. In a tweet on Friday, the company...