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BITCOIN PRICE: 6,408.90     HIGH: 6,429.23     LOW: 6,372.53

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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Tag: bitcoin news

Catalan Independence Leaders Turn to Bitcoin for Donations

Category: Bitcoin, Finance, News, wallet

Catalan Independence Leaders Turn to Bitcoin for Donations

Catalonia, a pseudo-autonomous community and region located in the Northeastern corner of the Iberian Peninsular, has been desperately fighting for independence from Spain, especially since the 2017 referendum. According to an article published by El Confidencial, on October 18, 2018, Catalan politician and former president Carles Puigdemont, has requested for cryptocurrency donations from the general public to aid any Catalan…

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United States Marshals Service to Auction Bitcoins Worth $4.3 Million

Category: Bitcoin, Crime, News, Regulation

United States Marshals Service to Auction Bitcoins Worth $4.3 Million

The United States Marshals Service (USMS) is set to auction bitcoins worth $4.3 million next month. The government agency outlined that it plans to sell bitcoin seized during a wide range of criminal cases. 660 Bitcoins to Go for Auction The USMS announced that it would put 660 bitcoin up for auction, with the sale slated for November 5, 2018….

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Chinese Bitcoin Mining Equipment Manufacturers Suffer Setback as Trump Increases Tariffs

Category: Bitcoin, Finance, Mining, News, Regulation

Chinese Bitcoin Mining Equipment Manufacturers Suffer Setback as Trump Increases Tariffs

Bitmain’s $3 billion initial public offering (IPO), as well as that of other Chinese bitcoin mining equipment manufacturers such as Canaan and Ebang, may be adversely affected by the June categorization of the firm’s Antminer S9 ASICs miners as “electrical machinery apparatus.” The move by the U.S government added the equipment to the list of Chinese goods subject to nearly…

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Cryptocurrency Theft Hits Nearly $1 Billion in First Nine Months

Category: Bitcoin, Crime, Exchange, Finance, News

Cryptocurrency Theft Hits Nearly $1 Billion in First Nine Months

Theft of cryptocurrencies through the hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year. Reuters reported on October 10, 2018, that this figure is up nearly 250 percent from the level seen in 2017, according to a report from U.S.-based cybersecurity firm CipherTrace. Main Report Highlights According to the CipherTrace report…

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Bitcoin Remains Stable at $6,500 Mark Suggesting a Bottom Has Been Found: BTCManager’s Week in Review

Category: Altcoins, Bitcoin, Blockchain, Ethereum, Exchange, Finance, News, News Digest

Bitcoin Remains Stable at $6,500 Mark Suggesting a Bottom Has Been Found: BTCManager’s Week in Review

The price of bitcoin traded between the $6,800 to $6,400 range throughout the week, suggesting that this year’s bottom may have finally been found and that the $6,000 mark should remain a strong resistance line. Bitcoin closed the week effectively unchanged. Major market-moving news was scarce this week, but bitcoin adoption-positive headlines were made in the past seven days. Coinbase…

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Beijing Sci-Tech Report Accepts Bitcoin as Payment

Category: Adoption, Bitcoin, Business, Finance, News

Beijing Sci-Tech Report Accepts Bitcoin as Payment

While China continues to clamp down on cryptocurrencies, the nation’s oldest science and technology publication, Beijing Sci-Tech Report (BSTR), is accepting bitcoin for its 2019 subscription. According to an Asia Times article published on October 1, 2018, the BSTR began accepting cryptocurrencies because it wanted to promote blockchain technology and the use of cryptocurrencies in a practical way. First Media…

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U.S. Judge Bitcoin Decision Leads to CFTC Overseeing Virtual Currencies

Category: Bitcoin, Finance, News, Regulation

U.S. Judge Bitcoin Decision Leads to CFTC Overseeing Virtual Currencies

Federal judges made headlines on September 26, 2018, when they announced that virtual currencies meet the definitions of a commodity. Since bitcoin now falls under the same definition, the Commodity Future Trading Commission (CFTC) will continue to police virtual currencies. My Big Coin Case The reason why this decision even came up in the first place was due to a…

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Cryptocurrency Exchange Coinbase Introduces Asset “Bundle” and Learning Materials

Category: Altcoins, Bitcoin, Business, Ethereum, Exchange, Finance, News

Cryptocurrency Exchange Coinbase Introduces Asset “Bundle” and Learning Materials

On September 27, 2018, the powerhouse exchange Coinbase announced the launch of Coinbase Bundle, one of the many new projects in their financial arsenal. As per its announcement on Medium, the exchange wanted to instill confidence in users (new or old) when dealing with cryptocurrency trading. Another Feather in the Coinbase Collection Coinbase’s approach to educating the masses on the…

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Bitmain Reports $2.8 billion in Revenue ahead of IPO

Category: Altcoins, Bitcoin, Business, Ethereum, Finance, Investment, Mining, News

Bitmain Reports $2.8 billion in Revenue ahead of IPO

Bitmain Technologies Ltd., the world’s largest cryptocurrency mining company, filed a preliminary IPO prospectus with the Hong Kong Stock Exchange (HKEX), disclosing revenues of $2.8 billion in the first half of 2018, Business Insider India reported on September 26, 2018. Crypto Meets Wall Street, again Bitmain Technologies is planning to pursue an initial public offering in Hong Kong, making it…

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Lightning Tasks Allows you to Earn Bitcoin for Completing Micro Tasks

Category: Adoption, Bitcoin, Blockchain, Cryptocyclopedia, Development

Lightning Tasks Allows you to Earn Bitcoin for Completing Micro Tasks

Developers have created a new proof of concept website based on Bitcoin’s Lightning Network to showcase how small-scale payments can be completed near instantly. Showcased at the premier bitcoin conference, Baltic Honeybadger 2018 in Latvia, Lightning Tasks allows anyone to earn a few satoshis by completing simple tasks. The official video demo involves the user transcripting text from a picture….

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