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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
How Governments Steal Your Money and Conceal It Through Inflation
5.8.2019
Dozens of countries all over the world have used the same trick called redenomination to hide how they have stolen their own citizens’ money through inflation or hyperinflation. The next nation to try this economic sleight of hand is the government of the Islamic Republic of Iran. Also Read:...
PR: Pbet Announces IEO Launch on LATOKEN
5.8.2019
Pbet has recently got its IEO hosted at LATOKEN exchange on its multi-asset trading platform. The company envisions to conjoin physical casinos with online casinos, thanks to its blockchain crypto-based Unified Gaming platform.
The post PR: Pbet Announces IEO Launch on LATOKEN appeared first...
Market Outlook: Trade Wars and Filthy Fiat Battles Fuel Crypto Prices
5.8.2019
A slew of digital currencies have gathered decent gains over the last 48 hours and the entire market capitalization now stands at around $308 billion. Moreover, cryptocurrency trade volumes have kicked up a notch, capturing $66 billion in swaps over the last day. Overall, speculators think...
PR: Evercoin Announces $1M Pre-Seed Financing With gumi Cryptos and Prominent Blockchain and Open Source Pioneers
5.8.2019
San Francisco, CA - Evercoin announced today $1M in pre-seed stage financing from gumi Cryptos and prominent Blockchain and Open Source pioneers.
Investors in this round include:
Gumi Cryptos Capital
Roger Ver -- Founder, Executive Chairman of Bitcoin.com
Ross Mason -- Founder of MuleSoft (sold...
SEC Commissioner: US Could Draw Crypto Policy From These Countries
5.8.2019
The U.S. Securities and Exchange Commission (SEC) could learn from other countries when finalizing its own crypto regulation, Commissioner Hester Peirce explains. While highlighting peculiar and notable features of the U.S. system, the commissioner emphasizes cross-border considerations, detailing...
Bitcoin Accelerates Above USD 11.5K, Litecoin Hits USD 100 (UPDATED 2)
5.8.2019
The price of the most popular cryptocurrency, bitcoin, is back above USD 11,500, or the level last seen in mid-July. Majority of other coins from the top 100 are also in green, however, bitcoin dominance keeps rising.
(Updated on 07:00 UTC: a new section - "China again" has been added.
Updated...
Youtube Censorship Drives Uptake of Crypto-Powered Video Platforms
5.8.2019
If the prospect of greater privacy and financial sovereignty doesn’t lure the masses to crypto networks, perhaps the ability to speak freely will. Lately, a lot of people who couldn’t give a damn about peer-to-peer cryptocurrency have taken a shine to peer-to-peer networks that run...
Tax Expert: IRS Letters Confirm That Trading Cryptos Is a Taxable Event
5.8.2019
The U.S. Internal Revenue Service (IRS) announced on July 26 that 10,000 American cryptocurrency users will receive a letter reminding them to pay taxes or amend any mistakes on past filings. At the time, IRS Commissioner Charles Rettig said U.S. taxpayers should take the warning letters...
Goldman-Backed Apple Card Restricts Cryptocurrency Purchases
4.8.2019
Cryptocurrencies cannot be purchased with the new Apple credit card according to the American multinational technology company’s recently published customer agreement guidelines. The Apple card’s restrictions indicate that the company’s partner, Goldman Sachs, is leery toward...