#Bitcoin News

Shady man next to the India flag with pockets full of bitcoin

Why Banning Cryptocurrency Means Nothing for Crypto, but Everything for India

July 27, 2019 by Ashwath Balakrishnan at Bitcoin

Recently, a committee studying the effects of cryptocurrency and distributed ledgers in India recommended an outright ban on all cryptocurrencies. The committee was headed by the Secretary of Economic Affairs, Subhash Chandra Garg. While a sensitive agenda for regulators on a global scale, trying to ban a non-sovereign asset that...

Legendary Investor Outperforms Market by Banking on Bitcoin

July 26, 2019 by Ashwath Balakrishnan at Bitcoin

Bill Miller, CIO and Chairman at Legg Mason, has set his fund up for a 46 percent yearly gain with bets on Amazon, Avon, and Bitcoin. Miller has declared his fascination and belief in the genesis cryptocurrency but declined to comment on fund performance or specific assets. Many hedge funds...

Bitcoin Riding atop a airplane over Europe, looking really happy

Leading European Airline to Accept Bitcoin Payments

July 25, 2019 by Edoardo Vecchio at Bitcoin

Norwegian Air Shuttle will begin accepting Bitcoin payments later this year thanks to the close relationship with leading national exchange NBX. This according to news released by Dagens Næringsliv, July 25. Flying with Bitcoin Norwegian Air Shuttle, one of the leading European airlines and the third largest low-cost airline, is...

U.S. Man Indicted for Running Illegal Bitcoin Exchange

July 25, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

William Green, a Monmouth County, New Jersey resident has been indicted by a federal grand jury for operating a bitcoin trading business dubbed “Destination Bitcoin” without registering with the Secretary of the Treasury as required by the law, according to a press release on July 24, 2019. End of the...

Bitcoin protecting its ears from a loud cryptocurrency miner

Bitcoin Mining Plant in Colorado Keeps Neighbors Awake at Night

July 25, 2019 by Edoardo Vecchio at Bitcoin

The City of Colorado Springs is facing complaints about a mining plant who is struggling to comply with the city noise ordinance. This according to a report from Colorado Springs Independent, July 24, 2019. Former Intel Plant Turned into Mining Factory In 2018, 3G Venture, a California-based company, purchased a...

Nigeria: Speaker of the House of Reps Believes in Cryptocurrency and Blockchain

July 24, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Nigeria's Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila, has said that the proliferation of bitcoin (BTC), altcoins and distributed ledger technology (DLT) into the global financial ecosystem has made it quite critical for the most populous nation in Africa to formulate amenable regulations for its cryptospace in...

Fraudsters Impersonate United Kingdom’s FCA in Bitcoin Email Scam

July 24, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

The Financial Conduct Authority (FCA), the top financial watchdog of the United Kingdom, has warned crypto enthusiasts of a scam email that has been impersonating it in a bid to lure unsuspecting investors into investing in a fake bitcoin (BTC) investment scheme, reports FT Adviser on July 22, 2019. Scam...

President Trump Yet to Accept $4.6 Million Cryptocurrency Lunch Invitation

Binance’s Changpeng Zhao Believes Trump’s Anti-Crypto Rhetoric is Ultimately a “Good Thing”

July 23, 2019 by Osato Avan-Nomayo at Bitcoin

Changpeng Zhao (CZ) doesn’t believe Trump’s recent anti-crypto rhetoric will have an adverse effect on the industry as a whole, reports CNBC, July 23, 2019. The Binance CEO says the industry has sufficient maturity and censorship resistance to survive any government-led crackdown. Meanwhile, restrictive U.S. laws are forcing more exchanges...

Bitcoin Riding his bull with sword pointed toward the sun

Q2 Grayscale Report Confirms Bullish Scenario for Bitcoin

July 23, 2019 by Edoardo Vecchio at Bitcoin

Grayscale Investments, the largest conglomerate in the crypto industry, recently released its Digital Asset Investment Report for the second quarter of 2019. Report data shows how the crypto market is maturing as inflows nearly doubled quarter-over-quarter, from $42.7 to $84.8 million. This demonstrates that the recent rally in digital asset...

Bakkt Confirms Launch of Futures on September 23

Bakkt Confirms Bitcoin Futures Testing has Begun

July 23, 2019 by Ashwath Balakrishnan at Bitcoin

After long delays due to regulatory scrutiny, the Bakkt futures platform from the Intercontinental Exchange (ICE) has confirmed that product testing has started. As per a tweet from the company, daily and monthly futures will begin testing with participants from all over the world, July 22, 2019. Long-Awaited Announcement When...

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