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Where US Regulators Stand on Crypto Assets
16.10.2019
The U.S. has many regulators responsible for overseeing different aspects of crypto assets, each with its own stance on how they should be regulated. Major regulators in the U.S. with strong opinions on cryptocurrency include the SEC, the CFTC, the Federal Reserve, Fincen, and the IRS. Also read:...
Bitcoin Price Breaks the Freeze Zone Around $8,300 and Drops to $8,100
16.10.2019
BTC price books loss with its intraday movement The price breaks the freeze zone at $8,300 Bitcoin (BTC) was seen trading around $8,300 since a long time now. Last week, the price slipped to $7,900, but soon recovered and kept itself tight around the above-mentioned level. The current market...
G20 Informed Stablecoins Could Pose Financial Stability Risk
16.10.2019
The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges. Also read: Unicef...
Bitcoin Wallet Electrum Will Support Lightning Network in Next Release
16.10.2019
The Bitcoin wallet Electrum tweeted on October 14 that it will support the Lightning Network (LN) in its upcoming release. The announcement revealed that the company is set to install a more efficient inbuilt Python-based system. Integration with the Lightning network will be done after the release...
Street Artist Pascal Boyart Helps Venezuelan Creators Earn Crypto
16.10.2019
Crypto-passionate street artist Pascal Boyart, well known in the space for being the first artist in his style to affix Bitcoin QR codes to his work, is now helping Venezuelan muralists and creators earn crypto. The Paris-based “Pboy,” also famous for hiding BTC in...
Bitcoin Buyers: 19th-Century UK Church for Sale at BTC 180
15.10.2019
Source: a screenshot, Rightmove
So you’ve amassed a small fortune in Bitcoin? If you’re now wondering what to do with all your tokens, a property owner in the United Kingdom would like a word.
Per a post on real estate portal Rightmove, the vendor in question is selling a decommissioned church...
CoinShares, Blockchain and MKS Switzerland Collaborate to Launch Bitcoin Network Backed Token DGLD
15.10.2019
The DGLD, a digital asset token protected by the Bitcoin “Blockchain,” was recently launched by CoinShares, a European digital asset investment firm in collaboration with Blockchain, a major crypto wallet, and provider of some major crypto products along with MKS (Switzerland) SA part of MKS Pamp...
Bitcoin (BTC) Reverses Yesterday’s Uptrend; BTC Remains Intact Around $8,300
15.10.2019
Bitcoin price moves around $8,300. The intraday price movement indicates a bearish ending. Bitcoin price is moving with a moderate speed as the price is seen to be stable at around $8,300 since the last week. Within the span of fifteen days, the price has touched the lowest point at $7,900....
Vendor on British Real Estate Portal Ready to Accept BTC Payment For 150-Year-old Property’s Sale
15.10.2019
As per a property listing on a leading online real estate and property portal of the United Kingdom called Rightmove, a vendor has put up a property for sale and is ready to accept payment in number one cryptocurrency Bitcoin. The property that the vendor is trying to sell is a 150-year-old church...
Nash Cryptocurrency Exchange Stands Strong Against the Hackers With Its Revolutionary Technology
15.10.2019
Cryptocurrencies or digital money, as the world likely addresses, has undoubtedly come a long way while facing its share of ups and downs. Not only people were highly skeptical about them owing to their intangible access, but illicit activities like exchange hacks made the situation even worse....
Fear of Another Global Recession Suggests Cryptocurrencies Are a Safer Bet Than Fiat Currencies
15.10.2019
The global recession of 2008 was the scariest dream of the world economy when bankers became poppers within a matter of hours, and the entire market collapsed. After more than a decade, the shocks of recession are still felt in some sectors, and therefore, the thought of another one sends chills...
Indian Supreme Court Postpones Crypto Case to November
15.10.2019
The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case...
Bitcoin and Ethereum Donations Won’t Be Converted to Fiat Currencies: UNICEF
15.10.2019
UNICEF, last Wednesday, became the very first United Nations organization and one of the handfuls of international bodies to reap the benefits of cryptocurrencies. They proudly announced that the agency would now be accepting Bitcoin and Ether as donations through the UNICEF Cryptocurrency Fund....
Diversified Crypto Fund Receives FINRA Regulatory Approval
15.10.2019
Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund. The product, which is the firm’s only diversified offering, invests in five main cryptocurrencies. In addition, the firm offers nine single-asset investment funds, some of which...
Price Analysis 14/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX
14.10.2019
Markets have been strong even in the spate of negative news. Does this indicate that a year-end rally is likely? Let’s analyze the charts
Tax Guide: What Crypto Owners Should Know
14.10.2019
With the rise in price and the growing adoption of cryptocurrencies, more governments worldwide have been ramping up efforts to tax them. Some countries are using extreme measures to get their hands on this new source of untapped revenue, but there are also tax-friendly countries that are...
Growth of BTC Millionaires Now Matches Bitcoin’s Early Years: New Data
14.10.2019
1000+ BTC wallet growth returns to pre-Mt. Gox levels
Bitcoin Trades Around $8300; Resistance may Come at $8435
14.10.2019
Bitcoin manages to stay above 8,250 USD, while trades around 8,300 USD in the last 24 hours. The next resistance may come by 8,435 USD. Bitcoin has been successful in maintaining its value around 8,250 USD over the last 24 hours, and the three price swings have given a range between 8,166 USD...
Bitcoin Cash Outshines BTC Retail Spending in Australia by a Wide Margin
13.10.2019
The BCH-centric web portal Bitcoinbch.com published on October 13 an in-depth report that shows the aggregate of cryptocurrency expenditure for Australian retail businesses. According to the 10-page document, BCH transactions in the country exceed BTC transactions by a wide margin and BCH is...
Bitcoin Price Indicates Relaxed Fall Since August
13.10.2019
Bitcoin (BTC) moves towards the support level Bitcoin price is seen dealing with the bears. The price movement in the currency is quite surprising as the month has experienced a heavy fall in BTC that took it to $7,800. The current price also indicates an intraday loss which is expected to stay....