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As US Expands Subprime Mortgage Program, Is a New Crisis Looming?
19.8.2019
The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. While that could lead to more members of certain social...
Win BCH with Bitcoin.com’s Cash Games Stars Leaderboard
19.8.2019
There’s a new promotion happening for Bitcoin.com Cash Games, with new winners each week, and first place taking home $200 in bitcoin cash. It can be said that crypto and gaming are made for each other, thanks to low fees, easy access, and privacy. Now things just got even better, with...
Another Self-Proclaimed Satoshi Fails to Sway Crypto Community
19.8.2019
Another person has attempted to claim the title of Satoshi Nakamoto, the creator of Bitcoin. According to a blog post published on August 18, this new person aims to expose his “real-life identity” through a series of written memoirs. The final ‘reveal’ will allegedly give...
Fiat Lite vs. Freedom Maximalist: The Two Types of Bitcoiner
19.8.2019
As regulation continues growing exponentially for cryptocurrencies worldwide, a chasm is yawning ever deeper between supporters. On the one hand, many yearn for massive adoption and clear regulations so they can get on with their trading, and get on with their lives – not to mention...
Bitcoin and Altcoins Rebound Facing Resistance
19.8.2019
This past week, bitcoin price extended its decline and even traded below the USD 10,000 support. BTC/USD tested the USD 9,500 support area and recently started an upside correction. The price gained more than 5% and is currently (08:10 UTC) trading above the USD 10,500 resistance. However, there...
The Most Important Aspect of Bitcoin Is the Separation of Money and State
19.8.2019
Many cryptocurrency supporters believe the technology allows for the separation of money and state in a manner that’s never been seen before. Governments inflict two forms of robbery against nonviolent citizens by forcing them to pay taxes while also stealing from them silently through...
Bitcoin History Part 15: Silk Road Is Born
18.8.2019
Silk Road launched in February 2011 as the darknet’s first bitcoin-based marketplace. Within four months, it would be the darknet’s most notorious site whose reputation extended all the way to the U.S. Senate. The origins of the drugs marketplace can be traced back further, however,...
Philippines Increasingly Crypto Friendly – A Look at Driving Forces
18.8.2019
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community...
IRS Revoking Passports Shows How Government Erodes Everything We Hold Dear
17.8.2019
If you have outstanding tax debt, the IRS may now want to take your passport. For U.S. crypto holders still waiting on promised IRS guidelines for filing — especially those overseas who may have missed these warning memos — the over 400,000 agency notifications issued since February...
Bitcoiners Brace for More Performance Art and Another ‘Satoshi Reveal’
17.8.2019
On Friday, a variety of paid press releases were published stemming from a company called Satoshi Nakamoto Renaissance Holdings, a firm that claims a big “reveal” is coming on Sunday, August 18. According to the announcement, Satoshi Nakamoto will divulge his “real-life...
Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies
17.8.2019
Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this...
How Coinbase Quietly Became the World’s Biggest Bitcoin Bank
17.8.2019
On August 15, the San Francisco-based digital currency exchange Coinbase announced that it had acquired the cryptocurrency custody service Xapo’s institutional branch. The business move puts Coinbase in the limelight, making it the largest custodial service for digital assets worldwide, with...
Want to Buy ‘Virgin Bitcoin’? Be Ready to Pay 20% More, Says CEO
16.8.2019
Buyers of so-called "virgin bitcoins" are paying up to 20% more for coins with no transaction history, Flex Yan, CEO of Babel Finance, a Hong Kong-based crypto financial services company, claims.
In a recent opinion piece, published by Bitcoin Magazine, he said that demand for the virgin coins...
Ponzi Accused of USD 2B Heist & BTC Crash, Analysts Disagree
16.8.2019
In the past couple of days, the Cryptoverse was filled with discussions about an alleged Chinese ponzi scheme selling bitcoin and causing a crash, but according to cryptocurrency analyst group TokenAnalyst, that may not be the reason.
Dovey Wan, a founding partner of California-based investment...
Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks
16.8.2019
The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark...
These Portfolio Tracking Tools Will Also Prepare Your Crypto Taxes
16.8.2019
Tax season is months away, which is why you need to start preparing for it now. Leave everything to the last minute and you’ll only end up cursing your procrastination. Organize your cryptocurrency activity in advance and you’ll breeze through tax deadline day without so much...
Samsung Adds Bitcoin Support to Its Blockchain Keystore
15.8.2019
On August 13, Samsung, the South Korean multinational conglomerate, published the company’s new Blockchain Keystore SDK for developers and the latest release supports Bitcoin Core (BTC). The version follows Samsung’s previous Keystore release which only supported ETH and the ERC20...
Ron Paul Slams Fednow Payment System and Encourages Crypto Competition
15.8.2019
Ron Paul, the muckraking former congressman from Texas, is stirring things up once again, this time taking aim at the new real-time digital payment system proposed last week by the U.S. Federal Reserve. Presented as an innovative solution by government and media voices, the cryptosphere received...
Why US BTC ETFs Matter if ‘No One Cares’ About European ETNs and ETPs
15.8.2019
As a new round of decisions by the U.S. Securities and Exchange Commission (SEC) on bitcoin-backed exchange traded funds (ETFs) is expected in the coming months, questions are now being asked on why it even matters.
In an interview on Bloomberg TV on Wednesday with Hunter Horsley, CEO of Bitwise...
Bitcoin As a Safe Haven Case Still Lacks Proof
15.8.2019
As the global markets went down, discussion have been lead about bitcoin (BTC) as a safe haven – with many not believing it to be so.
As bitcoin climbed while stocks were falling, some in cryptoverse argued it was acting like a safe haven in a manner similar to gold, while others denied that...