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Cryptocurrency News from the US: CryptoNewsZ’s Weekly Update
28.8.2019
Crypto industry buzzes with new trends, innovations, the launch of exciting projects, challenges to the traditional financial systems and so much more, on almost every day basis. When so much goes on, it is always good to sit back have an all-round view of the crypto-sphere. To give that all-round...
Reformed BTC Maximalist Erik Finman Proves the Value of Unschooling
28.8.2019
A 12-year-old, future unschooling advocate at an Occupy Wall Street protest learns about Bitcoin while running from the cops. He invests. Later, the independent Erik Finman will become the supposed “world’s youngest bitcoin millionaire” at age 18. That’s not where the story...
Bitcoin (BTC) Price Nosedives from $10,400 but Rightly Remains Above $10,000
28.8.2019
Bitcoin has made enough attempts to gain momentum from the nosedive it is facing at present. BTC price is in a constant effort to rise above $10,400 since past 24 hours. Unable to gain the right push, BTC is trading around $10,000. Current trading price of BTC is well supported by its 100-day SMA....
Can Bitcoin replace currencies issued by Central Banks?
28.8.2019
The issue of whether Bitcoin (BTC) can replace Fiat currency issued and administered by the central banks across the globe is raging for some time now. There are many positives and negatives related to Bitcoin, and one has to take a holistic approach towards the issue in order to arrive at...
The Faketoshi BTC 550K Saga - Where Do We Go From Here?
27.8.2019
Craig Wright. Source: a video screenshot, Youtube, Crypto Finder
With the ruling coming in on August 26th in the case of Craig Wright, a controversial Australian computer scientist and supporter of Bitcoin SV (BSV), also known as 'Faketoshi', one may think that this episode in the Cryptosphere...
Brazil Central Bank implements IMF Guidelines, Acknowledges Cryptocurrencies as Assets
27.8.2019
Recently, the Central Bank of Brazil has proceeded to categorize selling or buying cryptocurrency resources as per IMF (International Monetary Fund) rules. Brazil’s national bank declared its choice just recently. Besides, with the new type of classification as per IMF standards, exchanged...
Court Instructs Craig Wright to Distribute Billions to Plaintiffs
27.8.2019
On August 26, the self-proclaimed Bitcoin inventor, Craig Wright, was ordered by Southern District Court of Florida to distribute half of his BTC holdings and intellectual property assets from prior to 2014. According to the Kleiman estate attorney Vel Freedman, the family has waited a long time...
New Zealand’s Radio Personality Denies Promoting BTC on Social Media
27.8.2019
Duncan Garner, the radio host who hosts the program called The AM Show on the MagicTalkRadio in New Zealand, has declined of promoting BTC (Bitcoin) on Facebook. As noted in the video, a local news outlet, on 26th August 2019, Garner can be seen setting the record straight about his inclusion...
Price Analysis: Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Litecoin (LTC), Binance Coin (BNB), Bitcoin SV (BSV), Stellar (XLM), Monero (XMR), Ethereum Classic (ETC), NEO
27.8.2019
Bitcoin has been attempting to strike a hit above $10,400 since yesterday, but the coin has recently taken a nosedive and has traced a dip even below $10,200. It is to be seen how the rest of the crypto market responds to the recent price plunge of the most influential crypto-coin. However,...
CoinFlex Obtains 10M Dollars in Funding for BTC Futures Settlements
27.8.2019
CoinFlex, the first physically delivered digital currency futures exchange in the world based in Hong Kong, has received a whopping ten million dollars via a funding round which concluded in the past week, as reported by the South China Morning Post on 26th August 2019. As per the reports,...
The Prolonged case between David Kleiman and Craig Wright Seems to Lean in Favor of Kleiman
27.8.2019
The case between David Kleiman and Craig Wright started in February last year. In this case, Wright was accused of stealing a huge number of Bitcoins, which is worth 5 billion U.S. Dollars approximately. Kleiman died in April 2013. It seems that David Kleiman may have the upper hand in...
Bitcoin Price Analysis: Bitcoin Price (BTC) Hits $10,100 After Trading at $10,600; Short-term Seems Bullish
27.8.2019
Bitcoin price has been trading above $10,000 since quite some time now, only with a few dips in between. But important to note that BTC has not slipped below $9800 in the past 10 days. However, when observed closely, BTC price has been moving within two extreme ranges between $10,600 to $10,100....
Craig Wright ‘to Pay BTC 1m’ as Judge ‘Rejects’ His Testimony
27.8.2019
Bitcoin pioneer Craig Wright could be set to lose a whopping 50% of the BTC tokens he mined with his now-dead business partner David Kleiman – a figure that could be as high as BTC 1 million.
A Twitter user claiming to have attended the latest court hearing in the case said that the presiding judge...
Price Analysis 26/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM
26.8.2019
Can the altcoins stage a comeback? Let’s consult the charts
‘Not an Audit’: IRS Notice Could Spell Trouble for Crypto Traders
26.8.2019
The IRS took to Twitter on August, 26, posting a video about recently mailed CP2000 notices, of special interest to crypto traders. The notice, which seeks to rectify discrepancies made by recipients in tax reporting, is another in a series of crypto-related letters recently sent by the agency....
Realized Bitcoin Market Cap Reaches a Record Hundred Billion Dollars For the 1st Time
26.8.2019
Bitcoin supporters have a reason to rejoice as the numero uno cryptocurrency has reached a new benchmark this week, according to the latest data released by Coin Metrics on 25th August 2019. As per the data, the realized market capitalization of Bitcoin has passed a hundred billion dollars...
Los Angeles Man operated an Unlicensed Crypto Exchange along with Bitcoin ATM
26.8.2019
Recently, a Los Angeles man has agreed to confess to 25 million dollars for money-laundering activity, where he ran a cryptocurrency exchange and a Bitcoin ATM. The person by name, Kunal Kalra, described as the “coinman,” was charged on 23rd August at the United State District Court...
Market Update: Economists Envision Global Recession While Crypto Prices Soldier On
26.8.2019
Last week cryptocurrency prices bounced around after a majority of coins dropped in value on August 21. Today on August 26, digital currency markets have gained around 1.52%, gathering $4 billion since the initial slump. Despite the volatility, cryptocurrencies have consolidated and a...
Ethereum (ETH) and Its Services Now Available on Bitcoin Exchange bitFlyer
26.8.2019
The leading Japanese cryptocurrency exchange, bitFlyer, has recently announced that it’s adding Ethereum (ETH) to its Buy/Sell trading platform. Now onwards, bitFlyer users across Europe and the US can send and receive ETH while ensuring that these transactions also comply by the regulatory...
This is How the USD 10M per BTC 'Thought Experiment' Would Look Now
26.8.2019
Source: iStock/pixel_dreams
Ten years ago, Harold Thomas Finney, cryptographer and crypto pioneer who worked closely with Bitcoin creator, Satoshi Nakamoto (or some say he's Satoshi himself), did a thought experiment and found out that one bitcoin (BTC) would be worth a whopping USD 10 million...