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Binance Launches P2P Trading in China With Support for Alipay and Wechat
11.10.2019
Cryptocurrency exchange Binance has launched peer-to-peer trading in China. The platform supports traders making transactions between themselves using the dominant Chinese payment apps Alipay and Wechat Pay. News of the matter forced Alipay to publicly claim it stops transactions if they...
Bitcoin to Return to 5,200 French Tobacco Stores + 15 More Crypto News
11.10.2019
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
5,200 French tobacco stores will begin selling Bitcoin again after a false start. The project is the brainchild...
Turkey Throws Another Wrench Into the USD’s Works and Joins Russian Swift
11.10.2019
The dominance of the U.S. dollar as the global reserve currency is being robustly challenged on all fronts. Other geopolitical powers and smaller but important players are unwilling to accept the political influence Washington exerts through its fiat money. And in times of trade wars, sanctions...
Bitcoin and Altcoins Trimming Gains, Signaling Fresh Decrease
11.10.2019
Recently, there were swing moves in bitcoin price. BTC/USD surged above the USD 8,600 and USD 8,700 levels. However, BTC/USD struggled to surpass USD 8,800 and recently started a decline. The price is down more than USD 400 and it broke the USD 8,500 support area. Similarly, there was a decent...
If You’d Bought These Coins in 2014, This Is What You’d Have Made
11.10.2019
Fall is here, and it’s a good time for reflection, regrouping and gearing up for the coming new year. In the case of crypto, looking back at the markets of the past puts things into similar perspective. An examination of the top 10 cryptocurrencies of just five years ago sheds light on...
U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra
11.10.2019
In the wake of Paypal’s very public exit from the Libra project, U.S. lawmakers are now pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as well. On October 8, three letters from two U.S. senators urged the tech and finance giants to “carefully...
Realmx Video Game Officially Launches on Bitcoin Cash
11.10.2019
During the first week of August, the development team Block Hop announced a sandbox video game called Realmx that’s fueled by bitcoin cash. On October 10, Block Hop developers revealed that after “months of development and preparation,” Realmx can now be played on desktop...
Bitcoin Cash Acceptance Grows in Southeast Asia via Alchemy’s PoS System
10.10.2019
The payments and technology provider Alchemy recently announced the launch of the startup’s hybrid payment solution, a platform that aims to connect cryptocurrency with retailers worldwide. Alchemy’s crypto solution features integration with Qfpay, a well known third-party payment...
Why the Maximalist Narrative of Just Hodl and Wait Is Unsustainable
10.10.2019
It’s encountered all over the crypto space these days — the idea that the only correct way to “Bitcoin” is to hold and not spend, and to desperately lash out on crypto Twitter at anyone who thinks differently. But what ever happened to Satoshi’s original call for...
Food, Shelter and Clothing: Bitcoin Cash Charities Making a Global Impact
10.10.2019
Eatbch, the unique charity movement providing assistance in the form of community-delivered meals fueled by Bitcoin Cash, continues to serve Venezuela and South Sudan, and is now expanding its connections. The South Sudan Eatbch group just announced they are working with local activists to help...
SEC Rejects Another High-Profile Bitcoin ETF Proposal
10.10.2019
Another high-profile proposal for a bitcoin exchange-traded fund (ETF) has been denied by the U.S. Securities and Exchange Commission (SEC). The agency, however, emphasized that the disapproval was not based on whether bitcoin has utility or value as an innovation or an investment. Shares of...
Bitcoin Price Breaks USD 8.5K, Altcoins Signaling Bullish Continuation
10.10.2019
After several attempts to clear USD 8,300, bitcoin price finally gained bullish momentum. BTC/USD rallied more than 5% and traded above a few important resistances such as USD 8,300, USD 8,500 and USD 8,550. The price is currently (11:00 UTC) consolidating gains and it could continue to rise...
SEC Might Not Approve Bitcoin ETF For Two Years + 13 More Crypto News
10.10.2019
Jay Clayton. Source: Twitter, SEC
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Regulations news
It's "reasonable to assume" that the American regulatory Securities...
Decentralized Exchanges Are Evolving at Last
10.10.2019
The humble DEX has come a long way since the days of Etherdelta. While not all of those steps have been forward – such as the enforcement of KYC on IDEX – the scope and quality of decentralized trading platforms has evolved greatly. As an examination of several new and emerging...
IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In
10.10.2019
The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard...
Chinese Bitcoin Miners Migrate North After Wet Season
10.10.2019
A China-based crypto news outlet recently published a comprehensive report on the costs associated with building a digital currency mining farm in China. Additionally, the local publication revealed that Chinese miners are starting to migrate north to access cheap thermal power and wind power after...
Over 200 Venezuelan Taxis Discover the Benefits of Bitcoin Cash
10.10.2019
A man named Oscar Salas recently spoke about his quest to spread bitcoin cash (BCH) adoption on episode 34 of the Bitcoin Cast show. Salas explained in great detail how he is a passionate BCH supporter and the organizer of the Maracaibo city BCH meetup. Following his interview a few days later...
Sean Walsh: Cryptocurrencies Can Harness More Human Energy
9.10.2019
Bitcoin scores high in terms of ‘moneyness’ compared to other forms of money as it has some technical advantages and social inertia. In an interview with Bitcoin.com’s Humans of Bitcoin podcast, brilliant contrarian thinker Sean Walsh shared his opinion about cryptocurrencies...
United Nations Agency Unicef Launches Cryptocurrency Fund
9.10.2019
Unicef announced Wednesday that it has launched a cryptocurrency fund and become the first United Nations organization to hold onto its crypto donations. Without converting them into fiat, the fund will hold two cryptocurrencies and disburse them to support projects benefiting children worldwide....
Crypto and Real Estate Were Built for One Another
9.10.2019
Whether buying, selling or tokenizing real estate, the property market and blockchain are deeply intertwined. As the purchase of property has become possible with bitcoin, so has the wider potential of blockchain technology to transform the industry. The convergence of real estate...