In the midst of an unfavorable political climate in Hong Kong, Telegram, which has been used to organize protests in the region, will launch more privacy-enhancing features on its platform, as reported by South China Morning Post, September 4, 2019. Even though Carrie Lam has announced the withdrawal of the extradition bill, this was only...Read More
<div innerhtml=" Bitcoin, cryptocurrency and blockchain startups exploded onto the London financial technology scene over the last few years, but now, due to a combination of potentially tougher new regulation and the UK’s looming exit from the European Union, things could be about to take a turn for the worse for the fledgling bitcoin and...Read More
With Britain reeling from a parliamentary showdown aimed at thwarting the government’s threat to pull the country out of Europe in a no-deal Brexit, Bitcoin (BTC) is relatively stable as compared with the British pound sterling. The United Kingdom’s liberal-leaning daily newspaper The Independent reported on Sept. 3 that Bitcoin has, amid the country’s parliamentary...Read More
From the moment 2019 began, Bitcoin has been on a steady rise upward. And while it began as a slow trickle, the crypto asset soon after starting moving like a rocket.The post appeared first on NewsBTCRead More
Twitter founder and CEO Jack Dorsey says he has not even considered creating a Libra-like native currency for his own social media platform. Instead, the entrepreneur believes Bitcoin to be much more suited for use as a “currency for the internet” than anything else available or in the works to date.Dorsey claims that Bitcoin’s resilience,...Read More
Slack stock plunged in after-hours trading after it forecast a wider-than-expected Q3 loss. This happened even though Q2 results beat expectations. | Source: REUTERS/Brendan McDermid Slack stock (NYSE: WORK) plunged as much as 15% in after-hours trading after it forecast a wider-than-expected loss for the third quarter. The stock tumbled even though second-quarter results beat...Read More
Rainforest Foundation US is a New York-based, non-profit NGO working in Central and South America, which is now hoping to support anti-deforestation efforts with crypto and blockchain tech. Deforestation and fires in the Brazilian Amazon On Sept. 4, the Rainforest Foundation reached out to the crypto and blockchain community to ask for their support to...Read More
While cryptocurrency’s volatile market stands as another road block for new investors, Bitcoin and its altcoin competitors continue to set new records in various niche metrics. According to the latest report from Coin Metrics, the market cap for BTC, ETH, XRP, LTC, and BCH decreased while witnessing a spike in the transaction count. Moreover, it...Read More
The altcoin market is currently in crisis mode, with most of the various individual crypto assets outside of Bitcoin reaching new yearly lows, and in general, bleeding out all remaining value generated during the 2017 crypto hype bubble.The post appeared first on NewsBTCRead More
President Trump doubled-down on a previous prediction that the stock market would be trading 10K points higher were it not for his obsession with China. | Source: Shutterstock The broader stock market finished the day in the green, with all three of the major indices extending their 2019 gains. Not only that but year-to-date, the...Read More
In 2017, Union Square Ventures co-founder and managing partner, Fred Wilson had said that Ethereum’s market cap will surpass that of Bitcoin by year-end. That didn’t happen and now he is taking his words back, for good. Wilson: Ethereum ‘Confounds’ Me Not just the USV chief, Ethereum has left many of its investors in a...Read More
Finding new use cases for Bitcoin as a payment method is a struggle. Most companies do not see merit in exploring this option now or in the future. Surprisingly, FanDuel is one of the service providers willing to take a chance. The company confirmed Bitcoin payments will go live very soon. Payments will be processed...Read More
Jonathan Johnson, the interim CEO of Overstock in a recent interview with Fox Business Network addressed the speculation that SEC’s investigation being the reason behind the controversial exit of former CEO Patrick Byrne. Johnson claimed that the two-year investigation by the SEC into Overstock’s blockchain business is “almost dormant.” Johnson claimed that SEC has not...Read More
After a bearish crypto-winter towards the end of 2018,, the market regained some modicum of bullish momentum this year. Off late, the king coin has struggled to stay above $10,000, with its price oscillating within the range of $9,400 and $12,000. Owing to this movement, altcoin volume has dipped to all-time lows, with the world’s...Read More
What you do with your digital currency ought to be nobody else’s business. Unfortunately, law enforcement, regulators, blockchain forensics firms and other opponents of civil liberties are constantly seeking to usurp this basic human right. As a result, crypto developers are caught in a constant battle to maintain a reasonable degree of transactional anonymity. Also...Read More
<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="The number of Bitcoin addresses holding at least 10 bitcoins ($105,000) recently hit an all-time high.” data-reactid=”28″>The number of Bitcoin addresses holding at least 10 bitcoins ($105,000) recently hit an all-time high. <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="As of September 1, there are 157,000 addresses holding...Read More
Two years ago, on September 4, 2017, the People’s Bank of China (PBOC) shut down local cryptocurrency exchanges over concerns that unregulated assets like bitcoin allow residents to bypass strict capital controls. Not-So-Happy Anniversary Despite the formal ban, Chinese traders have continued to explore methods to trade bitcoin and similar cryptocurrencies, often by using...Read More
Bitcoin (BTC) has incurred increased volatility as of late, which was first sparked when it briefly touched $9,400 before surging to highs of $10,800, which is the price at which it faced some levels of resistance.Analysts are now noting that BTC is still trading within a long-established wide trading range, and that its mid-term trend...Read More
Taxes are never popular, but in the U.S., paying for crypto gains is like solving a Rubik’s Cube without touching it. While blindfolded. You might have correctly filed your obligations, but there’s no knowing until the tax authority explains exactly what those obligations are. Leaving aside the fact that the government is seeking revenue on...Read More
Let’s kick off a slow Wednesday with technical analysis for the three big Bs: BTC, BCH and BNB. Even though crypto markets may look like they are snoozing, the indicators are very much alive. Bitcoin Price Analysis (BTC/USD) BTC/USD has corrected gains to trade above resistance level $10501.68. An attempt to break above $10718.57 (R)...Read More
Tokyo-based crypto exchange platform Coincheck has halted all new margin trading orders until the end of October 2019. Cryptocurrency Margin Trading Capped at 4X In a statement issued on its website at the end of August 2019, the Japanese crypto trading platform announced the suspension of new margin trading orders. Also, the exchange said upon...Read More
Bitcoin’s recent surge into the $10,000 region has closely coincided with a surge in the cryptocurrency’s dominance over the aggregated crypto market, which hit a fresh two-year peak this week. This surge in dominance has primarily been driven by lackluster price action amongst most major altcoins.Importantly, analysts are now noting that altcoins may be close...Read More
In a recent interview with Ian Jacobs of W3C, Stefan Thomas, CEO of Coil, discussed the evolution of the payments industry over the years and laid out his views about the Interledger Protocol [ILP]. During the interview, Jacobs queried Thomas about the circumstances that led to the application of open source in payments. The CEO...Read More
