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Bitcoin and Altcoins Trading Near Make-or-Break Levels
26.7.2019
Yesterday, we saw a decent rise in bitcoin price above the USD 10,000 level, but also discussed hurdles near the USD 10,200 level. BTC/USD failed to continue above USD 10,200 and it started a downside correction. The price declined below USD 10,000 and tested the USD 9,650 support. Similarly, there...
Russian Manufacturers Want to Sell Arms ‘using BTC or Stablecoins’
26.7.2019
Soyuzmash, a body of Russian military and civilian vehicle makers wants the country’s Central Bank to grant it permission to accept cryptocurrency payments in international arms deals – as an attempt to circumvent sanctions. Soyuzmash’s proposal has the backing of the parliament’s defense...
How Government Agencies Make Criminals of Crypto Traders
26.7.2019
A New Jersey man has been indicted this week for converting over $2 million to bitcoin and operating a private exchange business not registered with the U.S. Secretary of the Treasury. According to a July 24 press release by the U.S. Attorney’s office, 46-year-old William Green could face...
Florida-based Firm ‘Letting Venezuela Dodge US Sanctions with Bitcoin’
26.7.2019
Venezuela is reportedly using cryptocurrencies like bitcoin to sidestep American sanctions using a Florida-based company – while the country’s financial regulator has green-lighted wide-reaching crypto pay measures for its own Petro token.
Per a report published earlier this week by Spain’s...
Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions
25.7.2019
Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay....
The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn
25.7.2019
“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those...
Consensys Inner Conflicts Spark Legal Action Against Founder
25.7.2019
Ethereum cofounder Joseph Lubin was recently summoned to court in New York when a former employee initiated a lawsuit for more than $13 million. According to the summons stemming from former Token Foundry CEO, Harrison Hines, relief was being sought for alleged unpaid profits, fraud, unjust...
Major Airline, Norwegian, Lifts Bitcoin Adoption to the Sky
25.7.2019
Source: iStock/Björn Forenius
The low-cost carrier and one of the biggest airlines in Europe, Norwegian, will allow its passengers to pay for tickets in cryptocurrency, including the most popular one, bitcoin, but also to trade on the airline’s very own crypto exchange.
Only customers living...
PR: CoinLoan Welcomes Bitcoin Cash to Their List of Collateral Currencies
25.7.2019
CoinLoan is among the first to offer loans secured by Bitcoin Cash
As we mentioned in our previous updates, new assets are about to join CoinLoan’s list of cryptocurrencies soon. CoinLoan keeps its promises, and today, we pride ourselves on adding a new collateral currency to the CoinLoan platform...
Is Bitcoin Money? Revisiting Mises’ Regression Theorem
25.7.2019
Over 100 years after the publication of Austrian economist Ludwig von Mises’ “The Theory of Money and Credit,” the ideas outlined therein are still sparking hot debate. Namely, what is known as Mises’ Regression Theorem, which claims that in order for something to be money...
Bitcoin Above USD 10K Again, Outperformed by Ether, EOS and Others
25.7.2019
The crypto market is in green today - bitcoin is back above the USD 10,000 level, while other major coins outperform the most popular cryptocurrency and only nine tokens from the top 100 are in red now.
At pixel time (04:36 UTC), bitcoin trades at c. USD 10,105 and is up by almost 5% in the past...
Le Roux Biographer: Cartel Boss Is the Most Credible Satoshi Yet
25.7.2019
Paul Le Roux is a criminal kingpin turned criminal informant whose misdeeds have filled a book. The author of that tome is investigative journalist Evan Ratliff, whose rip-roaring tale has recently received a postscript: Le Roux may also be Bitcoin creator Satoshi Nakamoto. This week on the Humans...
Another Self-Proclaimed Satoshi Appears in the High Profile Bitcoin Lawsuit
24.7.2019
A new filing has been submitted to the ongoing Kleiman v. Wright case stemming from a man who claims to be Satoshi Nakamoto. The man, named Debo Jurgen Etienne Guido, has sent handwritten testimony to the Southern District of Florida courthouse asserting that he is the “genuine and only...
PR: bitHolla Releases Open Exchange Kit HollaExShell
24.7.2019
bitHolla, the company that builds customized cryptocurrency trading software is announcing the launch of its new product HollaExShell, an open exchange software package, giving anyone the ability to launch a full fledged crypto exchange from a command-line interface. HollaEx packages provided...
E-Commerce Giant, Newegg, Expands BTC Payment to 73 More Countries
24.7.2019
Source: Instagram, Newegg
Major U.S.-based online retailer Newegg said it will start accepting bitcoin in 73 additional of its country-specific stores.
Given that Newegg provides its services in 81 countries, with plans to add more according to their website, today’s announcement means that “Newegg...
US, EU and Japan Could Trigger ‘Cold Currency War’ by Debasing Fiat
24.7.2019
The world’s major central banks are waging war to determine who can make their respective fiat currency weaker. With the likelihood of even more money printing and negative interest rates ahead, people need to be ready to see the value of their money evaporate and the price of everything else...
Indian Supreme Court Sets New Date to Hear Crypto Case
24.7.2019
The Indian supreme court has set a new date to hear the crypto case that was originally scheduled to be heard on July 23. The court is expected to address the writ petitions against the RBI banking restriction as well as the government’s report and the recently released draft crypto bill....
PR: Pbet Raises Storm in Casino Space With Blockchain Solution
24.7.2019
Pbet has come up with a complete blockchain crypto-based gaming platform that will redefine the existing casino industry and lead to a fair, trusted, transparent, more secured and affordable casino ecosystem.
The post PR: Pbet Raises Storm in Casino Space With Blockchain Solution appeared first...
BTC Plunges to USD 9.6K Despite Higher Interest and Restrained Supply
24.7.2019
The most popular cryptocurrency, bitcoin, once again dropped below USD 10,000, despite market players indicate higher interest in this coin and the amount of bitcoin untouched for at least 5 years is at an all-time high.
At pixel time (04:30 UTC), bitcoin trades at c. USD 9,636 and is down...
Bitcoin Cash Adoption Continues to Spread in North Queensland and Japan
24.7.2019
BCH merchant acceptance has continued to grow month after month but there are a few regions in the world where bitcoin cash retail acceptance is thriving. Over the last few weeks, North Queensland and Japan have shown significant growth and continue to dominate as some of the densest territories...