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The White House Just Blamed Bitcoin for America’s Opiate Crisis


The opioid epidemic is the new devil Bitcoin is being blamed for inflaming, to be added to the already long list of heinous crimes crypto is supposedly responsible for, like terrorism, money laundering, and trafficking. While it’s painfully clear that the U.S. dollar is a much more common...

Doing What You Want With Your Money Is a Fundamental Right


Since the birth of Bitcoin, crusaders fighting for the separation of money and state discovered a new payment tool that bypasses the nation state’s control over the monetary system. For over ten years now, lots of people have been using digital currencies to hide from prying eyes...

Watch Two Alleged Thieves Walk out of a Mall with a Bitcoin ATM


Two men entered a mall in Lynnwood, Washington earlier this month and apparently strolled out with a Bitcoin ATM, a security footage captured on August 3 showed. The alleged thieves casually went into the mall, then immediately went back out. Several minutes later, after the stores had closed at...

Cryptocurrency Domains Have Become Hot Property


Bitcoin, cryptocurrencies, and blockchain technology have become mainstream terms and are now featured in most dictionaries. Crypto-related terms have a lot of value when they are tethered to a web domain, and these days digital currency domains are prime real estate, with some selling for up...

Bitcoin Salary: 'Regress to Slavery' vs. Real Life Example


Mainstream media plays an important role in educating public about the world of cryptocurrencies, and this time, two major British news outlets attempted to discuss what it means to be paid in crypto. The picture they showed is somewhat mixed. First, the Financial Times opined that, while...

Did Someone Just Buy 45 Bitcoins for USD 14?


Users of Singapore-registered cryptocurrency exchange BitMax (39th by reported trading volume) are scratching their heads as it looks like someone managed to buy 45 bitcoins for USD 14 today, which would normally cost c. USD 458,100. Today, a screenshot started to circulate in social media...

The New Bitcoin Banks Are Here


A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements...

Bitcoin and Altcoins Rebound Likely To Face Hurdles


After a downward move, bitcoin price found support near USD 9,750 and recently started an upside correction. BTC/USD climbed above the USD 10,000 resistance, but it is still facing many important hurdles near USD 10,000, USD 10,280 and USD 10,320. Similarly, ethereum, ripple, bitcoin cash, binance...

Overstock Appoints New CEO After Under-fire Byrne Steps Down


American retailer Overstock has confirmed the appointment of Jonathan Johnson as its new interim boss after crypto-keen Patrick Byrne stepped down as CEO and board member on August 22. Shares in the company shot up by 8.31% in the hours after Overstock revealed the news. Byrne stepped into...

How to Create Non-Fungible Assets and Collectible Tokens With Bitcoin Cash


On August 21, James Cramer, the developer behind the Simple Ledger Protocol (SLP), announced the launch of the Electron Cash SLP version 3.5. The latest release allows people to create a new type of SLP token called NFT1, a non-fungible token that can be grouped together by a single ID....

Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE


Financial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. To hide this fact they...

Major Swedish Bank Orders Negative Interest Rate on Euro Deposits


Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right...

Bitcoin Rewards are Spreading with Major Partnerships


Lolli joined hands with a major goods and food delivery service, Postmates. There are new announcement coming in every day showing major partnerships being made which help cryptocurrency and blockchain adoption. A particular area that has been spreading recently through various partnerships...

PR: Cross Exchange Launches IEO


CROSS is a project aiming to develop an exchange platform that trades various digital assets globally including CROSS exchange for the coming digital asset and digital money society. The value of CROSS (XCR) is to “provide a platform for exchanging all kinds of digital assets.” The post PR: Cross...

Bitcoin and Altcoins Trading With Bearish Bias


In the past few sessions, there were mostly bearish moves in bitcoin price below the USD 10,200 and USD 10,000 support levels. BTC/USD tested the last swing low near USD 9,750 and it is currently (08:00 UTC) correcting higher. However, upsides are likely to face a lot of hurdles near the USD 10,150...

Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone


Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been...

The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt


Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with...

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