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Bitcoin a Viable Option in Turkey as Lira Decline Continues

Bitcoin Sentiment Shines in Turkey, Diminishes in the Rest of Europe

August 18, 2019 by Ashwath Balakrishnan at Bitcoin

A report published by ING shows that the percentage of the population that believes in Bitcoin is slowly decreasing, indicating skepticism for cryptocurrencies in general. With the exception of Turkey, Poland, and Romania, most of Europe does not believe that cryptocurrencies will be an integral part of the financial system...

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Australian tax Authority Warns Retirees Against Risky Cryptocurrency Investments

August 17, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

In a bid to remind 18,000 retirees under Self Managed Super Funds (SMSFs) of their legal duty to invest their retirement savings cautiously, the Australian Tax Office (ATO) has begun sending stern letters to some of these individuals whom have chosen to spend over 90 percent of their retirement savings...

David Kleiman Versus Craig Wright on a sheet of paper

Updates on Kleiman vs Wright, Next Hearing August 26

August 17, 2019 by Ashwath Balakrishnan at Bitcoin

The court battle between Craig Wright and the estate of Dave Kleiman, represented by his brother Ira, is far from over. As per a source on Twitter actively following the court case, the case is leaning toward the Kleimans. Wright submitted a document of a chat between himself and Dave...

Bitcoin, Ether, and XRP Weekly Market Update December 23, 2019

Bitcoin and Ether Market Update: August 15, 2019

August 15, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, News, News Digest, Price Analysis, Price pages

Total crypto market cap lost $40.7 billion of its value since Monday, August 12 and now stands at $258.2 billion. Top ten coins are all in red for the last 24 hours with most of them registering double-digit loses. EOS (EOS) and Litecoin (LTC) were the worst performers with 15.8...

The Pundi X phone at a rocking night club

PundiX Partners with Chainzilla to Boost Cryptocurrency Payments in Panama

August 14, 2019 by Edoardo Vecchio at Bitcoin

According to an official announcement made on August 13, Panama-based blockchain startup Chainzilla has teamed up with Pundi X to integrate the Pundi X cryptocurrency payment solution XPOS in the region. Pundi X Lands in Panama Panama is rapidly updating its financial legislation and is internationally considered as a promising state...

A powerful crypto standing in Argentina skyscrapers

Could Cryptocurrency Solve Argentina’s Economic Woes?

August 14, 2019 by Ashwath Balakrishnan at Bitcoin

The Argentine Peso depreciated almost 25 percent against the USD overnight, showcasing the incremental damage being done to an already ailing economy. Economists across the globe have differing views as to how Argentina can tackle this crisis. According to analyst Alex Kruger, Argentine residents flock to the USD in an...

VanEck, Bitwise and Wilshire Pheonix Bitcoin ETF Proposals Delayed by SEC, Again

August 13, 2019 by Ashwath Balakrishnan at Bitcoin

VanEck, Bitwise, and Wilshire Phoenix have all had their ETF proposal decisions postponed by the SEC. According to the circular issued by the regulator, August 12, 2019, the commission decided the most coherent option they had was to further study these proposals and the market before making a decision. The...

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Bitcoin is in the Ascending Triangle Shock? Guide to Analyze BTC K-line and Make Profits

August 13, 2019 by Guest Post at Bitcoin, Press Releases

K-line, found by a Japanese rice trader Munehisa, Honma is also known as candlestick, a technical analysis method about the price prediction of financial products like stock, gold, etc. in Asia. K-line consists of three parts: body, upper shadow and lower shadow. The part between open price and close price,...

Skrill CashApp Sqaure circle Fists in the air

Payments Providers are Leading the Bitcoin Charge

August 13, 2019 by Ashwath Balakrishnan at Bitcoin

The likes of Square, PayPal, Circle, and Skrill have been the silent drivers of the Bitcoin adoption movement. As seen in a report by Forbes, August 12, 2019, Coinbase was only able to launch its flagship crypto debit card in the U.K. because of its existing partnership with Skrill. Meanwhile,...

Blockstream Reveals Secret Mining Project Geared at Improving Bitcoin Decentralization

August 9, 2019 by Edoardo Vecchio at Bitcoin

On August 8, Canadian company Blockstream unveiled Blockstream Mining, a new solution to host and manage Bitcoin mining equipment at facilities located in Quebec and the United States. The project also includes a mining pool based on the BetterHash protocol. Blockstream Emerges in Mining Blockstream, a leading Bitcoin development company...

Grayscale Believes Bitcoin can Insulate Modern Portfolios from Drawdown

August 9, 2019 by Ashwath Balakrishnan at Bitcoin

A new report from Grayscale Investments confirms a few significant data points that conclude Bitcoin can be considered a safe-haven asset. While the genesis cryptocurrency has not yet seen a recession, many believe that it will be a wealth creator in distressed scenarios when stocks and bonds are underperforming, August...

Bitcoin Holding Broom Cleaning Texas State Board Room

Texas: Security Commission Files Against Crypto Scam, Offers Guidance for Cryptocurrency Investors

August 9, 2019 by Edoardo Vecchio at Bitcoin

According to a Texas State Security Board announcement dated August 7, a cease and desist order has been filed against a New York-based company who was promising improbable returns to investors through its unlicensed platform which dealt with forex and securities trading, as well as cryptocurrency investing. The board has...

Bitcoin and Ether Market Update: August 08, 2019

August 8, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Finance, News, News Digest, Price Analysis, Price pages

Total crypto market cap added $17.7 billion to its value since Monday, August 5 and now stands at $308.9 billion. Top ten coins are mostly flat for the last 24 hours with Binance Coin (BNB) and Monero (XMR) being the best performers with 9.1 and 4.2 percent of increase respectively....

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Canadian Bitcoiner Scams the Scammer, Donates Proceeds to Bitcoin Venezuela

August 7, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Ben Perrin, a Calgary-based bitcoin enthusiast who runs an educational YouTube channel dedicated to enlightening the masses on all things cryptos, has succeeded in beating scammers in their own game and he’s donated the proceeds to Bitcoin Venezuela, a platform that helps Venezuelans buy groceries with cryptos, reports CBC on...

Bitcoins chilling on the great wall of china

Capital Flight from China Causing Bitcoin’s Pump: Kyle Bass

August 7, 2019 by Ashwath Balakrishnan at Bitcoin

Well known fund manager of Hayman Capital Management, Kyle Bass, believes that the current run-up in Bitcoin is has been caused by global trade tension, Yuan devaluation, and capital leaving China. In an interview with Yahoo, Kyle emphasized that while capital is leaving China through gold and Bitcoin, the rising market...

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