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Taiwanese Buy USD 15m Condo In New York with Bitcoin
11.11.2019
389 East 89th Street. A New York City-based real estate owner and developer sold a retail condo in Manhattan’s Upper East Side for bitcoin (BTC).
Ben Shaoul, the president of Magnum Real Estate Group, a residential real estate development and management company, has sold a retail condo for USD 15.3...
Even Financial Professionals Say Bitcoin to Outperform S&P 500
11.11.2019
Almost 50% of surveyed financial professionals think that, over the course of the next year, Bitcoin (BTC) will outperform a popular stock market index, S&P 500. And while many of them still avoid cryptocurrencies, majority believe there will be a global digital currency in the next decade.
Crypto...
Bitcoin and Altcoins Trading With Bearish Bias
11.11.2019
After a major decline, bitcoin price started a short term upside correction above the USD 8,850 level. BTC/USD even spiked above USD 9,000, but upsides remained capped. The price is currently (09:00 UTC) declining and it remains at a risk of more downsides below the USD 8,750 support...
When Bitcoin Overtakes Gold – How High Can It Go?
11.11.2019
Flashy bitcoin price speculation is a favorite game of crypto Twitter news outlets and commentators all over. After all, who doesn’t want to hear that their modest stash of satoshis could someday moon and be worth millions? Sensation aside, there remains a well-grounded case for continued...
Becoming Nakamoto: How Satoshi Created His Alter-Ego
11.11.2019
Captain America began life as Steve Rogers. Tony Stark only created Iron Man after being kidnapped. Bruce Wayne spent seven years in ninja training before eventually returning to Gotham as Batman. We don’t know Satoshi Nakamoto’s birth name, but we do know something about the steps...
Danske Bank Caught Using Gold Bullion to Launder Illicit Funds
10.11.2019
The Danish financial institution Danske Bank has been embroiled in a massive money-laundering scandal associated with an Estonian branch that allegedly laundered $223 billion in an eight-year period. According to documents uncovered this week stemming from 2012, Danske Bank’s Estonian branch...
Tax Agencies Worldwide Plan to Crack Down on ‘Dozens’ of Crypto Tax Evaders
10.11.2019
The U.S. Internal Revenue Service (IRS) has revealed the agency is cracking down on “dozens” of cryptocurrency users evading taxes. The IRS has partnered with tax agencies from four other countries in order to make sure tax enforcement strategies are being applied across the map. Also...
Bitcoin Cash House Launches Crypto Hub in Venezuela
10.11.2019
A new crypto resource has emerged in Barquisimeto, Venezuela, for Venezuelans interested in learning about Bitcoin Cash and cryptocurrencies. The project, called Bitcoin Cash House, is the brainchild of Roberto Garcia and is sponsored by Bitcoin.com and Sideshift.ai. It exists as a physical...
How to Start With Bitcoin at No Cost
10.11.2019
Getting into the Bitcoin world is by default easy and it doesn’t have to cost you anything. All you need to do to get started is to install a cryptocurrency wallet and load it with some digital cash. The growing crypto community, always enthusiastic about accepting new members, has done a...
Corrupt CBI Officer Booked for Extorting Vigilante Bitcoiner
10.11.2019
India’s Central Bureau of Investigation (CBI) has reportedly booked its own officer in an extortion case involving bitcoin. The target was a man who previously fell victim to the Bitconnect scam and allegedly resorted to extreme measures to recoup his money. Also read: China Now Censors...
What to Expect From the Next Bitcoin Cash Protocol Upgrade
9.11.2019
On November 15, shortly after 12 p.m., Bitcoin Cash (BCH) will execute an upgrade of the network’s consensus rules. After the upgrade is locked in, the next block will enforce minimal pushdata in script and the opcodes OP_Checkmultisig and OP_Checkmultisigverify will be upgraded to accept...
For Initial Exchange Offerings, Liquidity is King
9.11.2019
There are many benchmarks for measuring IEO success. Token price, community size, code shipped, and milestones met are all yardsticks for gauging the progress of a tokenized project. For projects seeking to create the biggest possible splash, however, liquidity is the crucial factor. The more...
QE Infinity: 37 Central Banks Participate in Stimulus and Easing Practices
9.11.2019
Since the last week of October, a great number of central banks have been slashing interest rates, joining the massive synchronization of monetary easing worldwide. This year more than two dozen banks have used easing tactics and in the last two weeks alone central banks from Costa Rica, Hong Kong...
Crypto-Based Commerce Spikes 65% in 7 Months
9.11.2019
Commerce fueled by cryptocurrencies has once again started to grow. Data collected by blockchain forensics company Chainalysis shows a significant increase of volume in the first half of the year. The positive change coincided with the remarkable market recovery that followed last year’s...
How Crypto Winters of Bitcoin’s Past Compare to Today
8.11.2019
Cryptocurrency and bitcoin proponents have been patiently waiting to see if crypto winter is returning as the recent price decline has shaken investors. Digital assets have been meandering aimlessly over the last week and in order to gain some perspective, it’s always good to study the last...
Holders of the Digital Yuan Will Not Be Paid Interest
8.11.2019
China has been sending mixed signals about its preparedness to issue a national crypto. Despite the new blockchain push, there is still no timeframe for the anticipated launch of the digital yuan and few details have been revealed so far. However, a senior official from China’s central bank...
Crypto Tax Guidelines Leave More Questions Than Answers
8.11.2019
Cryptocurrency holders have long wrestled with their tax obligations. These fiduciary duties have been complicated by tax agencies, which are several steps behind technology and now playing crypto catch-up. Updated guidelines from the U.S. and U.K.’s tax agencies were finally released this...
Not Accidental China's U-Turn On Bitcoin Mining Might Fuel Competition
8.11.2019
Changes in China's Bitcoin (BTC) mining policy are not accidental, and competition in the global mining sector might become more intense, says an analyst at Beijing-based token data and rating agency TokenInsight. Moreover, the recent major crypto move by Hong Kong might also increase competition...
Bitcoin Price Drops Below USD 9,000 Again; Altcoins Follow
8.11.2019
Source: iStock/hocus-focus
Though Bitcoin (BTC) started this Friday with a smaller drop in its price, in a sudden move in the afternoon hours (UTC time), bitcoin price dropped by 2.4% in less than two hours - which was enough to push it below USD 9,000. Additionally, altcoins turned red.
While...
Bitcoin Price, Altcoins Turn Red
8.11.2019
In the past few sessions, bitcoin price declined below the USD 9,350 and USD 9,250 support levels. BTC/USD is now trading below USD 9,150 and it seems like it could continue to slide towards the USD 9,000 and USD 8,850 support levels.
Similarly, altcoins started a fresh decline below key supports...