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Bitcoin (BTC) Price Analysis: Bitcoin’s High Intra-day Fall is Nothing to Worry About
24.5.2019
Bitcoin fell to $7400 in the last 24 hours, giving a shock to the investors. The 2019 Prediction target rests with $55,000. At the times of high valuation and high expectation, Bitcoin (BTC) had given a shock to many investors when it touched 7400 USD in the last 24 hours. This fall in the intraday...
The world’s largest telecommunication company, AT&T to accept Bitcoin as payment
24.5.2019
World’s largest telecommunication company, AT&T, has recently declared that they will accept payment in cryptocurrencies. They are the first major company to accept virtual currencies as payment. The company has partnered with payment processing company Bitpay for processing the payment of...
Hackers Behind Baltimore City Ransomware Attack Demand 13 Bitcoins, So Are Cryptocurrencies For Criminals?
24.5.2019
Ransomware attacks are the worst nightmares of an any organization’s cybersecurity, and more so in the case of administration. The recent Ransomware attack Baltimore City named RobbinHood has once again proved that cybercriminals are more than a step ahead of the authorities. The hackers have...
Supreme Court Advocate Suggests How to Regulate Cryptocurrency in India
24.5.2019
An Indian supreme court advocate has shared some thoughts on the kind of cryptocurrency regulation India can benefit from. The right regulatory framework “would ensure transparency, oversight and accountability,” but a “one size fits all” regulation would be a mistake,...
Over 55,000 Brazilians Conned For $200 Million By Fake Cryptocurrency, As Crypto Frauds Refuse To Die
23.5.2019
Crypto related frauds continue to be a headache for the market. Another one pops out its head from Brazil, where a fake cryptocurrency scams over 55,000 investors. The estimated fraud value is said to be over $200 million. The primary for crypto scams has been the lack of awareness among investors....
Israeli court says cryptocurrencies are asset not currency and are liable to taxes
23.5.2019
The Israeli court has declared all the digital currencies, including Bitcoin should be considered as a taxable asset rather than currencies as per the report surfaced on 21st May in a local news website. The judgment was delivered to the case in which an Israeli startup founder argued with the...
Here Comes Russia’s Largest Crypto mining Farm worth 7.3 Million U.S Dollars by CryptoUniverse
23.5.2019
Equipped with 3000 pieces of mining equipment, spread across 4000 sq. Meters, Russia’s largest crypto mining farm is all set to surprise us. CryptoUniverse is the mind behind this plan. The mining farm has been constructed on the site where previously the “Soviet fertilizer-producing laboratory”...
Bittrex Partners With iBitt, Looking Forward To Scale Up The Blockchain Technology In Peru And Chile
23.5.2019
The global leader in the blockchain revolution- Bittrex has recently made an announcement on Twitter about its partnership with iBitt crypto exchange. As per the announcement, soon, we will be able to see the release of a brand new “digital asset trading platform in Chile and Peru.” This...
Tether (USDT) Admits to Having Invested its Few Reserves into Bitcoin (BTC)
22.5.2019
What comes across as a fascinating update as per the latest reports doing the rounds, Tether has confessed to having invested a part of its reserves into the world’s #1 digital currency Bitcoin as well as other assets. These facts were revealed by the company’s lawyer during the ongoing court...
Holding Bitcoin Is Legal In China, Says Bank Of China Law Research Association Council Member
22.5.2019
While most of Asia is booming, China continues to remain a barren land for cryptocurrencies. The world’s second-largest economy has kept its doors shut to Bitcoins, though accepting blockchain technology. However, the latest news coming from China seems to be quite encouraging for crypto...
Australian Man Mined Bitcoin From Government Computers; Can Face Prison For 10 Years
22.5.2019
The increasing interest of people in Bitcoin is not surprising given the global popularity the #1 cryptocurrency enjoys. An Australian man based in Sydney, however, took his love for Bitcoin mining to another level. He tweaked the government IT systems to utilize them for Bitcoin mining...
Blockstream CSO Samson Mow Says Bitcoin Wasn’t Meant To Be Fast, As It Had To Be Reliable
22.5.2019
Bitcoin has been one of the most popular debate topics since its inception in 2019. The world has been divided by various opinions of the ultimate cryptocurrency. However, Samson Mow’s recent comments of Bitcoin has triggered another controversy. During a television interview, Mow said that...
Israeli Court Rules Bitcoin Is an Asset
22.5.2019
An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor...
OKCoin Partners up With Prime Trust Co to Launch Prime Trust as USD payment channel
22.5.2019
On May 20, 2019, OKCoin announced via the social media of Twitter that it will be collaborating with Prime Trust Co, a Blockchain driven trust company to Launch Prime Trust as a new USD payment channel. According to the tweet, OKCoin users outside the United States will now be able to deposit...
Bitcoin Attaining $8,000 Marks An End to the Crypto Winter, Says Tom Lee
21.5.2019
According to Tom Lee, the CEO, and Co-Founder of Fundstrat Global Advisors, the crypto winter has finally come to an end. We all know that Bitcoin and the entire crypto market have witnessed a price slump since the past few months. But things began to look better again since the start of April....
Ethereum Trading Volume Reaches $900 Million
21.5.2019
The current bull run on the crypto market is reflecting on many major cryptocurrencies, and Ethereum is no exception. Trading of Ethereum witnessed a record high of $900 million. For the past four months, ETH has steadily increased, doubling from a low of just over $ 100 in February to its current...
Decision on VanEck/SolidX proposal for ETF coming up by the SEC after the repeated delays
21.5.2019
The complete crypto industry is paused for the verdict of the SEC on VanEck/SolidX Bitcoin ETF. The decision is pending for the last few months. The commission will be coming up with its decision today, 21st May. As per the publication of Federal register SEC was given a time limit of ninety days...
BTC vs. XRP: XRP Movements Coincide with Bitcoin, Though Has No Change in the Market Position
21.5.2019
Bitcoin price that was a virtuoso in the race of bullish market seems to have a struggling journey to continue the Bull Run. By the end of the previous week, Bitcoin value has been abating in comparison to the hike it had in the fortnight. However, as the weekend turned the corner Bitcoin price...
Benefits of Binance over-the-counter (OTC) Trading Desk for crypto-to-crypto Transactions
21.5.2019
Binance is the most famous cryptocurrency exchange which was started in China; lately, they have shifted their center of Operations to the crypto friendly island of Malta in the European Union. Binance is the name which comes in mind for crypt to crypto exchange services. Even though it...
Zulu Republic’s WhatsApp Move Via Lite.IM Could Change The Crypto Game For The Masses
21.5.2019
Cryptocurrencies are here to stay; there’s no doubt about it. The market withstood the worst times and survived through them, proving their mettle. However, the mass adoption of digital currencies is still a few breakthroughs away. Zulu Republic’s announcement made on Sunday could just be that....