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Indian Supreme Court Heard Crypto Case in Depth Today
8.8.2019
The Indian supreme court finally heard the crypto case today after postponing it several times. The court addressed the government’s crypto policy as well as the writ petitions challenging the banking restriction by the central bank. The latter was heard in some detail while the former...
Owning Fiat Just Got More Expensive – NIRP Strikes Again
8.8.2019
With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy...
How Crypto YouTuber Scammed a Scammer and Donated the Money to Charity
8.8.2019
Ben Perrin. Source: a video screenshot, YouTube, BTC Sessions
When scammers try to take people’s bitcoin out of their wallets on great promises of even greater fortune, some intended victims turn the scam around on the scammer.
Such is the case with Ben Perrin, the marketing director at bitcoin...
PR: Bitkan and Bitcoin.com Announce Strategic Partnership
8.8.2019
BitKan and Bitcoin.com have officially signed a Strategic Collaboration agreement together. Both parties will leverage on each other’s global resources to achieve a mutually beneficial win-win relationship.
The post PR: Bitkan and Bitcoin.com Announce Strategic Partnership appeared first on Bitcoin...
Bitcoin Eyeing Break While Altcoins Consolidate
8.8.2019
After yesterday’s downside correction, bitcoin price found support near the USD 12,000 level. BTC/USD started a fresh increase and climbed back above the USD 11,500 resistance. The current price action is positive and it seems like the bulls are eyeing an upside break above the USD 12,000 and...
Cryptophyl.com Launches Dedicated Exchange for SLP Tokens and BCH
8.8.2019
The team behind the former cryptocurrency exchange Voltaire recently announced the launch of a new trading platform specifically designed for Simple Ledger Protocol (SLP) tokens. Three weeks ago the new exchange called Cryptophyl.com launched its trading engine and the first SLP token supported...
New Liberty Dollar Founder Subpoenaed in the Billion-Dollar Bitcoin Lawsuit
7.8.2019
The ongoing Kleiman v. Wright case saw expert testimony on Monday from the plaintiff’s cryptography specialist, alongside the defendant Craig Wright’s witness, Nchain CTO Steve Shadders. The court participants discussed parsing through 27,000 bitcoin addresses as well...
From Spartacus to Satoshi: A Brief History of Economic Rebellion
7.8.2019
Government dominance of human beings via slavery and violent economic oppression is as old as government itself. For thousands and thousands of years kings and rulers, usually held to be “appointed by God,” have used free, non-violent individuals as their tax farm livestock to exploit...
PR: Roger Ver Joins OmniSparx as Investor and Advisor With Goal to Boost BCH Community
7.8.2019
OmniSparx.io, – an innovative blockchain community engagement platform, has announced an investment from Roger Ver. As part of the investment, Ver will become an advisor to OmniSparx, and Bitcoin.com will use the OmniSparx platform to grow its community and deepen community collaboration.
The post...
Bitcoin and Altcoins Correcting Gains
7.8.2019
This week, we saw a strong rise in bitcoin price above the USD 11,500 and USD 12,000 resistance levels. BTC/USD even climbed above the USD 12,200 level and traded to a new monthly high near USD 12,300 before starting a downside correction. It is down more than 5% from the high and is trading below...
Indian Tax Authority Sends Probing Questions to Crypto Owners – Experts Weigh In
7.8.2019
As the Indian government deliberates on the country’s crypto policy, the tax authority continues to send out letters with lengthy, probing questions to crypto owners. News.Bitcoin.com talked to industry experts to find out the implications of these letters, what people can do when receiving...
How to Become a Blockchain Developer
7.8.2019
Skilled blockchain developers are a scarce commodity, as precious as the bitcoins that reside on the distributed ledgers they maintain. Teach yourself one of the major blockchain programming languages and you’ll be set for life, though like anything worth having, this achievement won’t...
How to Shuffle BCH and Keep Your Transactions Private With Cashshuffle
6.8.2019
As blockchain surveillance becomes more prevalent, cryptocurrency advocates have created ways to make digital currency transactions more private. Bitcoin Cash (BCH) has an application called Cashshuffle, which allows users to shuffle their BCH with other fractions of BCH to obfuscate...
From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful
6.8.2019
Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. On July 31, Russia’s...
More Cities and Regions Accepting Coins for Taxes, Services
6.8.2019
Cryptocurrency payments, as convenient as they can be, are still something most governments are trying to wrap their heads around and regulate. Local authorities, however, being closer to the citizens they are called upon to serve, are often quicker to adopt novelties that make their lives and...
Mainstream Media Hails Bitcoin as Safe Haven Amidst Market Turmoil
6.8.2019
While global financial markets are in the midst of a massive turmoil, with the U.S. S&P 500 stock market index selling off more than 3%, even the mainstream media are starting to pay attention to potential bitcoin’s safe-haven properties.
Several major media outlets, ranging from Bloomberg to CNBC...
A New Market Metric Tries to Find the Best Time to Buy Bitcoin
6.8.2019
Following up on our previous overview of what three bitcoin market metrics showed last week, let’s take a look at a brand new indicator developed by the popular bitcoin analyst Willy Woo; the Bitcoin Difficulty Ribbon.
“The ribbon consists of simple moving averages on mining difficulty so we...
Currency War Erupts as US and China Bring Out the Big Guns
6.8.2019
What started out as a trade dispute between the world’s two largest economies is now a full-blown currency war as the U.S. and China bring their big guns to the battlefield. The impact on the global financial markets was immediate and severe, driving up safe-haven assets as ordinary people...
Bitcoin Rallies Past USD 12,000, Altcoins Gaining Momentum
6.8.2019
Yesterday, we saw the start of a strong rise in bitcoin price above the USD 11,200 and USD 11,500 resistance levels. Later, there was a downside correction, but dips remained supported in BTC/USD near USD 11,400. As a result, the price resumed its upward move today and climbed more than 5% above...
A Battle Between Bitcoin Wallets Has Big Implications for Privacy
6.8.2019
Bitcoin privacy wallet Samourai announced last Thursday that its primary competitor, Wasabi Wallet, is the target of an ongoing network attack