#Bitcoin News

Craig Wright Still Can’t Access “His” Bitcoin Fortune

July 4, 2019 by Ashwath Balakrishnan at Bitcoin

Bloomberg recently reported that Craig S. Wright, the self-proclaimed creator of Bitcoin, is unable to provide details of his purported $10 billion in BTC. These details were brought to attention following a lawsuit lanced by Ira Kleiman, the brother of Dave Kleiman, a former business associate of Wright. Now, in...

Bitcoin (BTC) and Ether (ETH) Market Update: July 4, 2019

July 4, 2019 by Georgi Hristov at Bitcoin

The total crypto market cap added $2 billion to its value since Monday, July 1, 2019, and moved up to $331 billion. The top ten coins are all in red for the last 24 hours with Cardano (ADA) and Litecoin (LTC) being the worst performers with 3.6 and 2.2 percent...

Exclusive: Interview with Giacomo Zucco, CEO of BHB Network

July 4, 2019 by Edoardo Vecchio at Bitcoin

Ethereum has been considered the most well-established, open-ended decentralized software platform to enable smart contracts and distributed applications (dApps). Conversely, Bitcoin was created as an alternative to fiat currencies and is thus a medium of exchange and store of value. But soon these considerations could change. A few months ago,...

Person Sitting on a Char in the SEC's Office

Bitcoin’s Recent Volatility May Influence Regulators to Shut Down ETF Proposal

July 3, 2019 by Ashwath Balakrishnan at Bitcoin

With price the price of bitcoin (BTC) going as high as $13,900 before crashing to $9,900 within the span of a few days, Jeff Dorman, the CIO of Arca, believes the case for a Bitcoin ETF has become much weaker as regulators watch the massive price swings, reported by Bloomberg,...

Binance and cryptocurrency gold dice 10k 30k 50k

Binance CSO Says Bitcoin to $50k Possible — Altcoin Rally Unlikely

July 3, 2019 by Osato Avan-Nomayo at Bitcoin

Binance chief strategy officer (CSO) Gin Chao says he believes bitcoin can as high as $50,000 to $100,000 in this current bull cycle, as per an interview with BlockTV. The Binance executive does not, however, expect this parabolic BTC advance to be replicated in the altcoin market. Several commentators have...

Abu Dhabi Crown Prince Infront of Red Skull Images

Crypto Scammers Defraud UAE Residents Using Fake Crown Prince Endorsement

July 3, 2019 by Ashwath Balakrishnan at Bitcoin

Adding to the number of false schemes and scams in the cryptocurrency space, a scheme reportedly run from Argentina and Ukraine has been outed for falsely claiming their investment product was endorsed by Crown Prince Sheikh Mohammed bin Zayed, guaranteeing to "make you rich in seven days", as reported by...

Woman on a Beach looking at Blockstream Liquid

Blockstream Announces Liquid Atomic Swaps for Bitcoin and Crypto Assets

July 3, 2019 by Anthonia Isichei at Bitcoin

Blockstream has announced the creation of an atomic swap platform called Liquid Swap Tool according to official documentation on its website, announced in a Tweet, July 1, 2019. The Bitcoin infrastructure developer says the Liquid Swap tool enables users to carry out atomic swaps on all assets hosted on the...

White House Issues Circular on Deep Web Opioid Market, Targets Cryptocurrencies

Bitcoin Reigns Supreme on the Dark Side of the Internet, Report Claims

July 2, 2019 by Aisshwarya Tiwari at Bitcoin

Citing research by crypto-security firm Chainalysis, Bloomberg reported on July 2, 2019, that the use of bitcoin (BTC) for dark web transactions could exceed $1 billion figure for the year 2019. $515 Million Worth of BTC Already Spent Cryptocurrencies and the dark web share a long and significant past. The...

DRW-Backed Exchange Is Creating a new Crypto Market

Fidelity-Backed ErisX Bags CFTC Bitcoin Futures Contracts License

July 2, 2019 by Aisshwarya Tiwari at Bitcoin

Cryptocurrency trading startup ErisX has received the regulatory approval from the U.S. Commodity Futures Trading Commission (CFTC) to offer Bitcoin-backed futures contracts to investors. The fintech firm announced in a Medium post published on July 2, 2019. ErisX Bags Coveted License ErisX, a cryptocurrency trading platform backed by the likes...

Leading Restaurant Chain in Singapore Debuts Bitcoin Payments

July 2, 2019 by Anthonia Isichei at Bitcoin, Business

Kopitiam has announced plans to accept bitcoin payments as part of the company’s efforts to adopt digital payment means, The Business Times reports, July 01, 2019. The move forms part of a growing wave of cryptocurrency adoption sweeping across Singapore and Southeast Asia as a whole. Bitcoin Adoption Opens New...

Bitcoin balancing on a tightrope as the bolivar falls off to its doom

Bitcoin Price Continues to Rise in Venezuela

July 1, 2019 by Osato Avan-Nomayo at Bitcoin

The price of bitcoin against Venezuela’s fiat currency – the Bolivar (Bs), continues to rise even with the spot BTC price taking a hit over the past few days. People living in areas of economic turmoil continue to adopt BTC as a way of escaping rapid inflation and devaluation of...

Bitcoin (BTC) and Ether (ETH) Market Update: July 1, 2019

July 1, 2019 by Georgi Hristov at Bitcoin

The total crypto market cap remained flat for the seven-day period and held at $320 billion. The top ten coins were all in the red for the same period with EOS (EOS) and Bitcoin SV (BSV) being the worst performers with 17.6 and 15.3 percent of loses respectively. At the...

Bitcoin Marketplace Closed after Dealer Caught Buying Stamps

July 1, 2019 by Edoardo Vecchio at Bitcoin

Two Asian-born U.S. citizens were arrested for selling nearly $9 million worth of Adderall pills in the dark web. Dealers were receiving payments in bitcoin (BTC) and sending drugs to buyers using the U.S. Postal service. Police discovered their identity thanks to the culprits' critical mistake of purchase postage stamps...

Amid Strengthening Fundamentals, Bitcoin’s Best Is yet to Come

June 30, 2019 by Ashwath Balakrishnan at Bitcoin

Bitcoin's (BTC) hash power just crossed 65 EH/s to break its previous high for network hash power. Unspent transaction outputs (UTXO) have also been steadily rising, along with mining revenue on BTC higher than ever, and the bull cycle is only just starting. In this article, BTCManager explores the growing...

Man Holding an Umbrella with a Bitcoin Symbol on it

A Major Chinese State-Run Media Organisation Labelled Bitcoin a “Safe Haven Asset”

June 30, 2019 by Edoardo Vecchio at Bitcoin

The legal status of cryptocurrencies in China is a controversial topic. Yet, the Asian country is one of the most developed nations in the field of blockchain. This might change after a major Chinese state-run media went against all the opinions of the government by publishing a financial study that...

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