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Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per Year
17.12.2019
According to the blockchain analysis firm Ciphertrace, major U.S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered...
Price Analysis Dec 16: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XTZ, XLM
16.12.2019
Most major cryptocurrencies led by Bitcoin are likely to remain range-bound for the next few days
Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy
16.12.2019
In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other...
German Banks Increasingly Charging Retail Clients Negative Interest Rates
16.12.2019
A growing number of banks in Germany are charging retail customers negative interest rates, starting with the very first euro deposited into their accounts. At least three German banks are reportedly doing so, with more expected to follow suit in the near future. As the European Central Bank...
Maduro Plans to Airdrop Petro to Municipal Leaders and Eligible Citizens
15.12.2019
The president of Venezuela, Nicolás Maduro wants the nation state-issued cryptocurrency, petro (PTR) to have the same usability properties as a physical currency. On December 13, Maduro explained on national television that the Superintendence of Crypto-Assets and Related Activities (Sunacrip)...
Indian Lawmaker Says ‘Cryptocurrency Is Inevitable’
15.12.2019
Indian Parliament member Dr. Subramanian Swamy has shared his view on cryptocurrency. Advocating for India to make the transition to crypto, he reportedly said, “cryptocurrency is inevitable.” The lawmaker will chair a conference at the UN India’s headquarters next week where...
2019: Bitcoin Slides Down the Google Trends Popularity Ladder
15.12.2019
The interest in the Bitcoin and other cryptocurrencies has posted a mixed picture in the year 2019. More specifically, Bitcoin, which happens to be the largest cryptocurrency by market capitalization, has witnessed a steady decline in its popularity among masses this year. This decline can...
Russia’s Hydra Darknet Marketplace Plans $146M Token Sale
14.12.2019
According to regional reports, the Russian darknet market Hydra is planning an initial coin offering (ICO) in order to expand the marketplace internationally. The sale is set to start on December 16 and Hydra administrators hope to raise $146 million from the token sale. Also read: Regulatory...
Bitcoin Price Diary: Long BTC and Profitable on Many Altcoin Positions
14.12.2019
Bitcoin continues to trade sideways in a tightening range and this is giving altcoins the green light to continue their multi-week rally
This Week in Bitcoin: $8 Billion BTC Trust and Maximalists Misbehaving
14.12.2019
This Week in Bitcoin is your roundup of the prime talking points from across the cryptosphere. From the major news to the minor debates that erupted into huge arguments, we’ve captured the flavor of the frenetic soup that is Bitcoin and all that simmers in it. In this edition, the deadline...
Quadrigacx Founder Dead or Alive? Request for Exhumation and Autopsy Filed
14.12.2019
It has been a year since the founder of now-defunct crypto exchange Quadrigacx supposedly died in India. However, some 76,000 victims are still out of millions of dollars. A court-appointed lawyer representing them has now requested an exhumation and post-mortem autopsy in Canada of the dead body...
Hackers Failed to Execute $400K Worth Bitcoin Scam in Texas
14.12.2019
A Texas-based couple was subjected to an unfavorable incident of extortion from a malicious hacker who demanded a whopping amount of $400k in Bitcoin holdings after sabotaging their Amazon Ring doorbell. Tania Amador, the 28-year-old woman who became the target of the hacker, used her intelligence...
Bitcoin Price Today Draws Controversies as it Trades Stably Around $7,200
14.12.2019
Bitcoin News Today Bitcoin (BTC) draws a declining trend as observed from the cumulative movement over the past two years. It currently trades around $7,250 and forms a declining channel. In order to observe the trend that BTC price has been exhibiting since it hit the ultimate top and bottom...
The Country With Europe’s Highest Interest Rate Has Cut It 5 Times This Year
14.12.2019
Around half of European countries, over 20, now have 0% interest rates and a few are already in negative territory. Ukraine, which has the highest benchmark interest rate on the continent, has just reduced it again, for the fifth time this year. The race between central banks to cut rates, when...
2019’s Bitcoin Miners Are 5x Faster Than Predecessors
13.12.2019
High-powered bitcoin miners and next-generation semiconductors go hand in hand and as process node technology grows, SHA256 hashrate follows. Coinshares’ recent bi-annual mining report highlights that newly introduced mining rigs have “as much as 5x the hashrate per unit as their...
Price Analysis 13/12: BTC, Cryptos Prepare for Possible ‘Santa Rally’
13.12.2019
Bitcoin and many top cryptocurrencies are at critical levels, suggesting that a decisive move will occur within the next few days
Silk Road Darknet Marketplace Founder: BTC Will Reach $100,000 in 2020
13.12.2019
Silk Road’s Ross Ulbricht has predicted that BTC will hit $100,000 in 2020
Lightning Network Wiki Page Faces Removal for Lack of Notability
13.12.2019
A slew of Wikipedia editors would like to delete the Lightning Network (LN) Wiki page because the subject matter does not hold notability. Wikipedia editors use notability as a test to find out if a topic warrants its own article. The LN article debate on Wikipedia is still raging as a few editors...
Lagarde Sees Demand for Stablecoins, Plans to Put ECB ‘Ahead of the Curve’
13.12.2019
At her first press conference as head of the European Central Bank (ECB), Christine Lagarde outlined her plans to lead the ECB “ahead of the curve” in the field of digital currency. “There is clearly a demand out there that we have to respond to,” she said, referring...
Is Bitcoin the Best Source for Execution of Private Transactions?
13.12.2019
Making its first appearance in the financial market space as the world’s first-ever digital or virtual currency, Bitcoin can be considered as the pioneer in the evolution of a new-age payment settlement mechanism. Cryptocurrencies operate on blockchain technology, which is a distributed ledger...