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PR: Bitcoin.com Partners with Resistance – the Next Gen DEX
29.8.2019
Last week, the Resistance team met with Bitcoin.com CEO Stefan Rust, and other members of the Bitcoin.com organization, to discuss the terms of a partnership. The meeting was a great success and a strategic partnership agreement was drawn up and signed the same day.
The post PR: Bitcoin.com...
Bitcoin and Altcoins Could Continue to Bleed
29.8.2019
In the past two days, we discussed the chances of more downsides in bitcoin price below the USD 10,000 support level. BTC/USD did decline recently and broke a few important supports near the USD 10,000 and USD 9,750 levels. More importantly, there were strong bearish moves in most major altcoins...
Crypto Can Boost Indian Economy – How Banning Will Hurt it
29.8.2019
The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. Meanwhile, the Indian crypto community...
Crypto Salaries Gain Regulatory Recognition Around the World
29.8.2019
Salaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence...
Bitcoin, Altcoin Prices Drop Below USD 10,000 Leaving Analysts Stumped
29.8.2019
Bitcoin and altcoin prices have tumbled below the key USD 10,000 mark, with prices plummeting by USD 600 in just half an hour – although optimistic traders say they intend to “buy the dip.”
Prices had been steadily fluctuating above the USD 10,200 mark on the evening of August 28. But just before...
ERC20 Tether Transactions Flip Their Omni Equivalent
29.8.2019
Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC....
Venezuelan Pharmacy Chain Accepts Bitcoin Cash for Medicine and Products
28.8.2019
On August 26, a pharmacy chain in Venezuela called Farmarket revealed it now accepts cryptocurrencies through the payment provider Xpay, a subsidiary of Panda Group. Arley Lozano, Panda Group’s founder, explained how Farmarket’s pharmacy franchise has 22 stores located across...
Reformed BTC Maximalist Erik Finman Proves the Value of Unschooling
28.8.2019
A 12-year-old, future unschooling advocate at an Occupy Wall Street protest learns about Bitcoin while running from the cops. He invests. Later, the independent Erik Finman will become the supposed “world’s youngest bitcoin millionaire” at age 18. That’s not where the story...
Bitcoin and Altcoins Trading Near Make-or-Break Levels
28.8.2019
This week, bitcoin price started a slow and steady decline from the USD 10,500 resistance area. BTC/USD is currently (08:00 UTC) trading below the USD 10,250 and USD 10,200 support levels. The current price action suggests high chances of more downsides in the coming sessions. Similarly, most major...
Mega Drug Pushers Johnson & Johnson Get Away While Peaceful Silk Road Is Destroyed
28.8.2019
It’s been said that those who protest the loudest are often the ones who are guilty, and when it comes to government and their pet corporations, things are no different. No surprise, then, that the blustery moralizing — and violent state force brought to bear against businesses —...
Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached
27.8.2019
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks...
The Faketoshi BTC 550K Saga - Where Do We Go From Here?
27.8.2019
Craig Wright. Source: a video screenshot, Youtube, Crypto Finder
With the ruling coming in on August 26th in the case of Craig Wright, a controversial Australian computer scientist and supporter of Bitcoin SV (BSV), also known as 'Faketoshi', one may think that this episode in the Cryptosphere...
Court Instructs Craig Wright to Distribute Billions to Plaintiffs
27.8.2019
On August 26, the self-proclaimed Bitcoin inventor, Craig Wright, was ordered by Southern District Court of Florida to distribute half of his BTC holdings and intellectual property assets from prior to 2014. According to the Kleiman estate attorney Vel Freedman, the family has waited a long time...
90% of Clients Use Crypto for Speculation Only: CEO of Major Wallet
27.8.2019
It’s not a secret that crypto still has a way to go before its use for everyday transactions will catch up with speculative demand. However, one outspoken crypto executive sheds a bit more light on the current status of crypto. At least, at the company he manages.
In a recent interview with CNBC...
Craig Wright ‘to Pay BTC 1m’ as Judge ‘Rejects’ His Testimony
27.8.2019
Bitcoin pioneer Craig Wright could be set to lose a whopping 50% of the BTC tokens he mined with his now-dead business partner David Kleiman – a figure that could be as high as BTC 1 million.
A Twitter user claiming to have attended the latest court hearing in the case said that the presiding judge...
The Changing Face of Cryptocurrency Trading in 2019
27.8.2019
The cryptocurrency exchange landscape has evolved significantly in 2019. The number, quality and diversity of exchanges has multiplied, giving traders an unprecedented number of venues to choose from. This smorgasbord of options risks leaving traders overwhelmed, however, as exchanges jockey...
‘Not an Audit’: IRS Notice Could Spell Trouble for Crypto Traders
26.8.2019
The IRS took to Twitter on August, 26, posting a video about recently mailed CP2000 notices, of special interest to crypto traders. The notice, which seeks to rectify discrepancies made by recipients in tax reporting, is another in a series of crypto-related letters recently sent by the agency....
Market Update: Economists Envision Global Recession While Crypto Prices Soldier On
26.8.2019
Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a...
This is How the USD 10M per BTC 'Thought Experiment' Would Look Now
26.8.2019
Source: iStock/pixel_dreams
Ten years ago, Harold Thomas Finney, cryptographer and crypto pioneer who worked closely with Bitcoin creator, Satoshi Nakamoto (or some say he's Satoshi himself), did a thought experiment and found out that one bitcoin (BTC) would be worth a whopping USD 10 million...
PR: SMART VALOR Lists Bitcoin Cash & Offers Users 10% Cash Back in Crypto
26.8.2019
The first Swiss company to operate an integrated cryptocurrency exchange and custody, SMART VALOR, has added Bitcoin Cash to its range of listed tokens.Why does this matter and what’s in it for buyers?
The listing of Bitcoin Cash (BCH) on SMART VALOR matters, because it is the first fully...