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Payments is the Main Battleground for Banks Amid Bitcoin Rise
5.11.2019
A new report by the central bank of central banks once again showed that cryptocurrencies are moving in the right direction, as people are increasingly looking for faster and more convenient payments options. However, decentralized cryptocurrencies, which are still working to solve their...
No Inflation? Here It Is – Hidden in Plain Sight
5.11.2019
Popular among politicians, media, and central bankers alike is the claim that in spite of all the quantitative easing (QE) and zero-leaning or negative interest rates of current times, inflation is under control. As the statistics show, nothing could be further from the truth. There are some very...
Crypto Secularizes Wealth by Returning Power to the People
5.11.2019
Secularization is the process of converting something from a religious status to a nonreligious one. In its usage here, the word “religious” has no necessary connection to a deity. The word refers to the mystification of a thing in order to elevate it to the status of the divine where...
Finland Approves First 5 Crypto Service Providers
5.11.2019
Finland’s crypto regulation is now in full effect. The first five crypto service providers have been approved to legally operate in the country, the Finnish financial regulator confirmed to news.Bitcoin.com. The grace period for operating without registration has expired. Also read: Finland...
Bitcoin Holding Support While Altcoins Rise Steadily
5.11.2019
After a failed downside attempt, bitcoin price started a decent upward move above the USD 9,250 resistance area. BTC/USD even surpassed the USD 9,400 level, but it struggled to gain strength above the USD 9,500. The price is currently (09:00 UTC) correcting lower and it is approaching the USD 9,200...
China Now Censors Anti-Blockchain Sentiment, Educates Public on Bitcoin
5.11.2019
Officially Bullish on blockchain technology, China is now reportedly censoring anti-blockchain sentiment. Meanwhile, a popular Chinese app with over 100 million active users has recommended a course on bitcoin, blockchain, and smart contracts. The app is designed to teach “Xi Jinping...
Critics Savage Research Paper Alleging Lone Whale Caused Bitcoin’s 2017 Rally
5.11.2019
Crypto commenters have torn into a new research paper alleging a single whale caused bitcoin’s 2017 price rally. The paper, reported prominently in Bloomberg and the Wall Street Journal, has been criticized for failing to understand that mass inflows of tether (USDT) to the cryptoconomy...
Britain’s Tax Authority Updates Crypto Guidelines
4.11.2019
Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities...
Central Bank Blockchains and Corporate Ledgers Are Still Vaporware
4.11.2019
There’s been a resurgence of blockchain discussion this year, especially after China’s President Xi Jinping lauded blockchain and told Chinese citizens the country needs to accelerate distributed ledger technology development. Despite the lack of producing anything worthwhile, for some...
The North American Bitcoin Conference Returns
4.11.2019
Pioneers of the global Bitcoin and blockchain community will converge in Miami for a historical conference, continuing to propel cryptocurrency from niche to mainstream. Now in its seventh year, The North American Bitcoin Conference is the longest-running and most attended finance conference...
Crypto Winter Claims Another Victim as DX Exchange Closes
4.11.2019
The digital assets market has been on an upward trend recently, with top cryptocurrencies such as BTC and BCH maintaining higher price levels. Unfortunately, this comes too late for some ventures in the field. The latest to cease operations is DX Exchange, which is now looking for a way to exit...
Crypto Market Sentiment Near Positive Zone; BTC and TRX Already There
4.11.2019
The good fortune for the top 10 coins by market capitalization continues. Observing the 7-day moving average, we find that the combined Sentscore for these 10 coins jumped to 5.68/10 from 4.94 where it stood for the past two weeks, according to Omenics, a crypto market sentiment analysis service....
Bad Loans at Big British Banks Jump Over 50% in a Year
4.11.2019
Shaken by the never-ending saga around Brexit and the global slowdown, the British economy is now showing signs that point to an upcoming crisis. The U.K.’s biggest banks have been dealing with a growing number of loans companies are struggling to pay off. At the same time, low interest rates...
A Mysterious Whale Manipulated Bitcoin Rally in 2017 - Report
4.11.2019
Source: iStock/Spencer_Whalen
Academics who previously alleged that Bitcoin (BTC) bull run in 2017 was manipulated, now claim that a single market whale was responsible for it.
One unnamed entity on Bitfinex appears capable of sending BTC higher when it falls below certain thresholds, according...
Craig Wright to Return to Court after ‘Failing’ to Pay Settlement
4.11.2019
Craig Wright. Source: a video screenshot, Coingeek
Craig Wright, a controversial Australian computer scientist and supporter of Bitcoin SV (BSV), appears to have defaulted on the payment of a settlement fee he agreed with the estate of his former partner, Dave Kleiman.
In September this year...
UK Introduces New Crypto Tax Rulings, Says Bitcoin is not Money
4.11.2019
The British government has updated its cryptocurrency tax rules, adding stipulations for businesses that work with crypto. Also, they stressed that they do not consider Bitcoin and other digital tokens to be money.
The UK’s tax agency, the HMRC (HM Revenue and Customs) had already released a series...
Cryptosteel Capsule Will Keep Your Wallet Seed Safe and Out of Sight
4.11.2019
A hollow steel cylinder despatched with 800 lettered tiles, the Cryptosteel Capsule is what it sounds like and nothing more. Assemble the letters to form your wallet’s seed phrase, thread them onto the metal dipstick and screw the capsule shut, safely entombing the key to your crown jewels...
OSC Commissioner Debunks Arguments Against Bitcoin, Green-Lights Bitcoin Fund
4.11.2019
A commissioner of the Ontario Securities Commission (OSC) has debunked the arguments against bitcoin used to deny the public offering of The Bitcoin Fund. Among others, the commissioner rules that bitcoin is neither illiquid nor more susceptible to manipulation than other commodities, real volume...
Billion Dollar Bitcoin Lawsuit Continues as Craig Wright Breaks Settlement
3.11.2019
In early September, the high-profile court case Kleiman v. Wright looked as though it was coming to an end as the two parties reached a non-binding settlement. Then on October 30, without much notice, Wright explained that he couldn’t finance the settlement and the agreement was broken....
Maker’s Stability Fee Drops to 5.5% After Multi-Collateral Dai Announcement
3.11.2019
According to the CEO of the Maker Foundation, Rune Christensen, Multi-Collateral Dai (MCD) will launch on November 18. On October 28, Maker’s stability fee was reduced by a ‘whale’ with roughly 94% of the voting power. Also Read: French Ministry of Education Publishes Bitcoin...