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UK Judge Strikes Out Craig Wright’s Libel Lawsuit Against Roger Ver


According to documents from the U.K.’s High Court of Justice published on July 31, a judge has denied Craig Wright’s libel lawsuit against Roger Ver. Wright filed the charge against Ver when the early bitcoin investor told the public he believed Wright was a “liar and...

This is How Bitcoin Rally in H1 Was Different From 2017


Four differences between the bitcoin rally in the first half of this year and the rally in 2017 show that this time it was institutional money that most likely helped the price jump way above USD 13,000 in June, according to a report by CoinShares, a UK-based provider of digital asset investment...

Indian Government Updates Parliament on Crypto Plans


The Indian parliament has repeatedly asked the finance minister about the government’s plans for cryptocurrency. In July alone, the Ministry of Finance answered three sets of questions: two in Rajya Sabha, the upper house, and one in Lok Sabha, the lower house of the parliament. Also read:...

This is How Bitcoin Met its First Fed Rate Cut


Source: iStock/Toshe_O The first interest cut by the Federal Reserve (Fed), the U.S. central bank, in Bitcoin’s history was a bit more complex than the market estimated and opinions still vary on the impact of this event. As many expected, yesterday, the Fed indeed cut its main interest rate...

Liquidity Difficulties in China: Second Bank Bail-Out Now Reality


Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger...

PR: Bitpunter Launches Transaction Mining for Online Gaming


The recent advent of transaction mining as a business model has taken the cryptocurrency world by storm, with transaction fee mining exchanges such as BitMax and FCoin overtaking other long-serving exchange powerhouses in a short span of time. The post PR: Bitpunter Launches Transaction Mining...

New Bitcoin Cash Specs Propose Heightened Privacy and Double-Spend Proofs


Bitcoin Cash (BCH) development continues as software engineers have revealed two distinct concepts that aim to boost the BCH network. Bitcoin Cash developer Tom Zander has announced new documentation concerning the vision of a double-spend proofs, which now exists as a pull request to...

PR: EO Coin Volume Surges on July Listings


EO coin showed bullish sentiment this July on the back of numerous new pairs being listed on EO.Trade exchange, including; ETC/EO and NEO/EO. Detailed statistics show EO coin surged from 70 satoshi’s to 315 following the ETC/EO listing on July 11th, before the NEO/EO listing which took place...

Bitcoin Might be Tested by the First Fed Rate Cut Today


An eagle carved in stone on the Federal Reserve building in Washington, D.C. With Bitcoin about to experience the first interest cut by the Federal Reserve [the central bank in the U.S.] in its history today, some traders are watching closely for clues on how the bitcoin price might...

PR: CheapAir.com and Bitcoin.com Partner to Serve Bitcoin Cash Travelers


Online travel agency CheapAir.com and Bitcoin.com today announced a partnership to serve crypto travelers. Beginning today, more than 4 million Bitcoin.com Wallet users will be able to access CheapAir.com’s booking engine from their mobile app. The partnership will help crypto travelers find...

Bitcoin and Altcoins Start Short Term Recovery


Yesterday, we saw a few positive and recovery signs for bitcoin and altcoins. BTC/USD formed a support base near the USD 9,320 level and recently corrected higher. It is up around 2.5% and recently broke the key USD 9,500 resistance level. Similarly, there were bullish moves in ethereum, ripple...

Indian Finance Minister Addresses Crypto Proposal – Industry Responds


India’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed...

China Publishes New Rankings of 37 Crypto Projects


China’s Center for Information and Industry Development has published its latest crypto rankings. Thirty-seven projects have been evaluated and ranked overall as well as in three separate categories. Some favorites have changed and two projects have been added to the previous list of projects...

Testing Haven, OB1’s New Social Media and Crypto Marketplace App


On Monday, OB1, the development team who created the crypto-infused marketplace Openbazaar, launched a new platform called Haven. The application is a mobile version of the Openbazaar marketplace, but also includes social media, end-to-end encrypted messaging, and noncustodial wallet services for...

Former Brazilian Central Bank Chief Praises Bitcoin, Libra


Gustavo Franco. Source: a video screenshot, Youtube, Canal UM BRASIL The former governor of the Central Bank of Brazil has heaped praise on Bitcoin – and suggested that McDonalds and Starbucks follow suit with Facebook, and consider launching cryptocurrencies of their own. In an editorial piece...

When Cash Is Banned, Centralized Cryptos Are Not Going to Save You


Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many...

Senator Admits U.S. Can't Ban Bitcoin, Crypto Market Goes Up


The crypto market corrected higher following a hearing entitled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” at the U.S. Senate Banking, Housing, and Urban Affairs Committee today. At pixel time (16:33 UTC), bitcoin trades at c. USD 9,697 and is up by 1% in the past...

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