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Universal Protocol Alliance to List Mega-Utility Token on Bitcoin.com Exchange
12.11.2019
In addition to listing the Universal Protocol Alliance’s mega-utility token, Bitcoin.com Exchange will also list the group’s stablecoins, as well as support interoperability between the Ethereum protocol and the Simple Ledger protocol. Also Read: Cred Merchant Solutions to Help Unbanked...
Bitcoin and Altcoins at Risk of Further Declines
12.11.2019
After a short term upside correction, bitcoin price struggled to settle above USD 9,000. As a result, BTC/USD declined again and traded below the USD 8,850 support area. The price even traded to a new weekly low and it is currently (09:00 UTC) consolidating near the USD 8,750 level.
Similarly, most...
How Society Thrived Before Mass Taxation, and How It Still Can
12.11.2019
Many people in the U.S. and elsewhere think of the income tax as some kind of timeless staple of society. The truth is, it was only first instituted in the United States as a permanent fixture in 1913. It stands to ask then, how all the progress that was made prior and the bustling growth...
Banking Giant With 16 Million Clients, RBC, Goes Crypto - Report
12.11.2019
The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, is set to open a cryptocurrency exchange, according to a report from The Logic.
The media outlet claims it has learned that the RBC wants to allow customers to trade in cryptocurrencies such as Bitcoin and Ethereum...
Jailed Deepdotweb Admin Denies Earning $15M From Darknet Links
12.11.2019
In an interview from prison, one of Deepdotweb’s operators has disputed the $15 million allegedly made from “illegal” referral links, claiming “There was no such amount.” Currently on remand in France, Israeli citizen Tal Prihar stands accused of directing visitors...
6 Months Before Halving Signs Indicate Bitcoin Miners Are Hoarding
12.11.2019
The great bitcoin reward halvings are coming and many newcomers have not experienced a halving event unless they joined the crypto community prior to 2016. A few speculators believe bitcoin miners and whales are hoarding coins right now until after the adjustment so prices will be driven...
From FUD to FOMO – China State Newspaper Says Bitcoin Is ‘Successful’
12.11.2019
A major Chinese daily has published an article about Bitcoin. The publication describes the first cryptocurrency as a successful application of the blockchain technology. It provides its readers with the basics they need to know about Bitcoin and highlights some of its main characteristics. Also...
Generation QE: How Central Banks Create Money From Thin Air
11.11.2019
This year the public has seen a lot of the expansive monetary policy taking place with 37 central banks participating in monetary easing. Unfortunately, most people don’t understand the methods central banks like the Federal Reserve use to increase the money supply and never take the time...
Bakkt Launches 'The Critical Link' in Bitcoin Adoption
11.11.2019
Today, giant-backed crypto trading platform Bakkt opened its Bakkt Warehouse, a qualified custodian of bitcoin, to all institutions around the world.
"A critical link — perhaps the critical link — in the institutional adoption of bitcoin is custody. When investors have ready access to regulated...
Bitcoiners May Change Their Mind on PoS, 'Who Knows,' Says Buterin
11.11.2019
Vitalik Buterin. In a few years, perhaps Bitcoin (BTC) fans will think better of the proof-of-stake (PoS) consensus mechanism, finds Vitalik Buterin, co-founder of Ethereum (ETH).
In an interview at the ETHWaterloo 2, an Ethereum Blockchain Hackathon organized by the core ETHGlobal team...
Crypto Jobs on the Rise, Thousands Listed
11.11.2019
The number of job vacancies in the crypto industry is growing but fewer people are searching for them, according to a major U.S. job listing website. Thousands of jobs relating to Bitcoin, cryptocurrency, and blockchain technology are currently available as new employers seek to enter the space...
Bitcoin Mining Difficulty Estimated to Drop Again + More Crypto News
11.11.2019
Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world.
Mining news
After seven increases in a row, the Bitcoin mining difficulty dropped by 7.1% on November 8 and is estimated...
Crypto Banks Gain Regulatory Recognition Across the Globe
11.11.2019
Traditional financial institutions are still leery about decentralized cryptocurrencies. They are only starting to explore the potential of digital assets. But a new breed of banks specializing in crypto have been working hard to take advantage of this trend and are gaining regulatory recognition...
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...