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

1.8.2019
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

1.8.2019
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...

What Regulators Offered Cryptoverse in July: 22 Announcements

1.8.2019
Cryptoverse is still witnessing regulatory uncertainty that is forcing some companies to avoid countries with too many and too costly regulatory questions, including the U.S. However, while the regulators are bringing the “Wild West” days of crypto to their end, there are many battles to be fought...

Indian Government Updates Parliament on Crypto Plans

1.8.2019
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:...

Coin Race: Top 10 Winners/Losers of July

1.8.2019
July is another month that proves the high unpredictability of the market. We find most coins in red, but particularly interesting is that all top 10 coins are in red, including Bitcoin. The last time we've seen a similar situation with BTC in red was January this year. Top 10 coins by market...

This is How Bitcoin Met its First Fed Rate Cut

1.8.2019
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

1.8.2019
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

1.8.2019
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...

Bitcoin and Altcoins Probing Key Resistances After Recovery

1.8.2019
In the past few sessions, there was a steady recovery in bitcoin and altcoins. BTC/USD broke a few important resistances near the USD 9,800 and USD 10,000 levels. However, the price struggled to surpass the next key resistance region near the USD 10,150 and USD 10,200 levels. Similarly, there...

This Airline Says Blockchain Ticketing Sales Hit USD 1m in July

1.8.2019
Source: Instagram, s7airlines One of Russia’s biggest airlines, S7 Airlines, says that its blockchain-powered ticketing platform processed over USD 1 million worth of sales in July alone. S7 said that it is also planning to expand the scope of its blockchain operations and sales network,...

Russian Lawyers Draw up Pro-Crypto Tax Plans

1.8.2019
An influential group of Russian lawyers has drawn up a system for cryptocurrency taxation that involves granting property rights to holders of “all tokens” – and will be sending its suggestions to the lawmakers and regulators. Per media outlet Kommersant, the Association of Lawyers of Russia...

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