#Bitcoin News

Arcade machine Craig Wright Versus Dave Kleiman winning

Craig Wright Ordered to pay $5 Billion in Bitcoin and Fifty-Percent of his Intellectual Property to Kleinman Estate

August 27, 2019 by Ashwath Balakrishnan at Bitcoin

The court drama has finally come to an end with Magistrate Bruce Reinhart recommending that Wright must pay 5 billion dollars to Kleiman's estate as well as give up half of his intellectual property held before December 31, 2013. Details of the case have not been published for the public...

Bitcoin Pointing to its 90% Dominance chart whilst small Ripple and Ethereum look on jealous

Report: Bitcoin most Profitable Cryptocurrency, Real Dominance Above 90%

August 27, 2019 by Edoardo Vecchio at Bitcoin

According to a news published by The Business Times on August 26, 2019, a new report by Arcane Research shows that the real Bitcoin dominance is more around 90 percent rather than the 70 percent mark, as indicated on CoinMarketCap. Why it Matters Bitcoin is the world’s largest cryptocurrency by market capitalization and commands...

CoinFlex Tackles Cryptocurrency Price Manipulation with Physically-Settled Bitcoin Futures

August 26, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

CoinFlex, a Hong Kong-based exchange that offers physically-delivered Bitcoin and Ether futures contracts, says it's determined to do all it takes to help Asian retail traders to avoid falling victims to cryptocurrency price manipulation that is often associated with cash-settled futures contracts, reports South China Morning Post, August 26, 2019....

Bank of England Governor: "Bitcoin Has Failed as a Currency but Blockchain Technology Has Promise"

Mark Carney: Cryptocurrencies Could Overtake the U.S. Dollar as World’s Reserve Currency

August 24, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Bank of England (BoE) Governor, Mark Carney, in a meeting with central bankers worldwide in Wyoming, has predicted that a cryptocurrency backed by several nations could overtake the U.S. dollar as the world reserve currency. As such, it will end the fiat's hoarding by governments and enhance global trade, reports...

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

Bitcoin and Ether Market Update: August 22, 2019

August 22, 2019 by Georgi Hristov at Altcoins, Bitcoin, Cryptocurrency Market Outlook, Ethereum, Price Analysis, Price pages

Total crypto market cap lost $13 billion of its value since Monday, August 19, and now stands at $258.7 billion. Top ten coins are all in red for the last 24 hours with Binance Coin (BNB) and Bitcoin Cash (BCH) being the worst performers with 2.6 and 2.5 percent of...

China: Massive Floods Shatter Mining Facility in Sichuan Province

August 21, 2019 by Edoardo Vecchio at Bitcoin

According to videos published on Twitter on the morning of August 21 by Poolin, a cryptocurrency mining facility has been severely damaged due to a massive flood that hit China’s Sichuan province in the last weeks. Natural Disasters It has been two weeks since China's national weather observatory issued a...

a fork in the road leading to sunny bitcoins or gloomy gold

Easing Central Bank Policies Could see Investor Influx to Bitcoin Instead of Gold

August 21, 2019 by Osato Avan-Nomayo at Bitcoin

While investors agree that the current monetary policies from central banks will spell doom for the market, there is no consensus on which asset takes primacy as a hedge against the coming uncertainties. Mark Mobius of Mobius Capital Partners recently told Bloomberg, that rising bitcoin interest will only fuel the...

bitFlyer Partners with Tpoint Japan to Launch Bitcoin Loyalty Program

August 21, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

bitFlyer, a leading Japanese bitcoin exchange with a presence in Europe and other parts of the globe, has joined forces with Tpoint Japan, a technology services firm. The partnership will see them launch a bitcoin-powered loyalty program, according to a press release, August 20, 2019. Bitcoin Rewards As stated in...

CoinCorner Bitcoin Cryptocurrency Ok Sign

CoinCorner Cryptocurrency Exchange Paying Staff Salaries in Bitcoin (BTC)

August 19, 2019 by Ogwu Osaemezu Emmanuel at Bitcoin

Staffers at CoinCorner, a British bitcoin trading venue and exchange founded in 2014, now receive part or all of their salaries in cryptocurrencies including bitcoin, ether, and XRP, via CoinCoiner Checkout, a crypto payments solution that eliminates the risks of price volatility for users, reports IOMToday on August 19, 2019. CoinCorner...

Cryptocurrency Custody Services are Missing a key Ingredient: Inheritance Clauses

Awareness and Education are the Main Obstacles to Secure Cryptocurrency Custody

August 19, 2019 by Ashwath Balakrishnan at Bitcoin

The self-custodial model of cryptocurrencies, while radical and enticing, has proved to be disastrous for people who don't take the time to understand the nuances of the process. In an interview with CNBC, August 18, 2019, Coinbase Chief Information Security Officer (CISO), Phillip Martin, discusses the challenges to securely storing cryptocurrency....

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...

Australia warnings bitcoin ethereum crypto

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 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...

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