Bitcoin

Curious About Bitcoin, Nigerians See Increasing Opportunities to Buy and Spend Cryptocurrencies

February 17th, 2020

Higher prices since the start of the year have been restoring popular interest in cryptocurrencies. Google searches for “bitcoin” have increased since December to about half of those registered in June last year. There’s one country that sticks out as a benchmark for the indicator. Nigeria has consistently topped the chart in the past 12…

Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out of Business

February 15th, 2020

Tax regulations implemented even before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges. Digital asset brokers failing to comply with the new reporting requirements face fines and the stricter rules are hurting smaller platforms, which are shutting down due to dwindling trading volumes. Exchanges Struggle With Compliance Costs and Diminishing Returns One of…

Cred Now Enables LTC Holders to Earn Up to Ten Percent Interest on Their Digital Assets

February 12th, 2020

Cred, a licensed crypto-backed lending and borrowing platform based in California, now supports litecoin. The service will allow LTC holders to earn up to ten percent interest through any of its partners including the Litecoin Foundation, Bitcoin.com, Uphold, and Bitbuy. Since July 2019 Cred allows Bitcoin.com customers to earn interest on BCH and BTC. Cred…

40 Banks in Germany Declare Intent to Offer Crypto Services Under New Law

February 11th, 2020

More than 40 financial institutions in Germany have reportedly declared to the country’s financial regulator, BaFin, their interest to offer cryptocurrency services under the new German law. News.Bitcoin.com reached out to the regulator for some more information. The law, which went into effect early this year, enables banks to offer crypto services after obtaining a…

How Often Are Top Privacy Coins and Mixers Actually Used? – A Look at XMR, DASH, and ZEC

February 10th, 2020

As Bitcoin and crypto help everyday individuals to regain control over their money, and make trusting third parties unnecessary, it’s not surprising that privacy advocates have flocked to space. While bitcoin’s ledger is openly viewable, privacy coins and privacy-enhancing protocols are popular ways for value holders to ensure their sensitive financial info stays secure. Though…

Bitcoin, Tesla Stock, Tron: How Warren Buffett Got His First Bitcoin

February 7th, 2020

Billionaire investor Warren Buffett received his first bitcoin and several other cryptocurrencies during a dinner with five cryptocurrency advocates, led by Justin Sun who spent $4.57 million to secure a meal with the multi-billionaire. They discussed a number of topics, including whether Tesla stock is a good investment, as the group tried to convince the…

4 ‘Bitcoin Contenders’ With Zero Use Cases and Barely Any Infrastructure

February 6th, 2020

Cryptocurrency markets and the industry are extremely competitive and many users believe a single digital asset will reign someday, and that it may not be BTC. Over the last few years, many holders believe the assets they hold are bitcoin contenders with coins like IOTA, EOS, ADA, XRP, and XLM being popular choices. However many…

Croatian Post’s Crypto Exchange 2 Months in: More Local Users, BTC, ETH, and XRP Favored by Customers

February 5th, 2020

In December news.Bitcoin.com reported on the Croatian Post’s launch of their own crypto exchange service. After a pilot run in the tourist friendly city of Zadar, the program was expanded to 55 post office branches nationwide starting December 11. Now almost two months in, Croatian Post has provided an update to news.Bitcoin.com on the progress…

The Controversial S2F Model Predicts Bitcoin Price Will Reach 100,000 USD Within 2 Years

February 4th, 2020

The current price of BTC is roughly in line with the popular stock-to-flow (S2F) system for technical analysis, and if the trend continues some speculate the price of the asset could reach $100,000 within the next two years. Though the S2F tool is still a controversial metric, and various groups have hampered the asset’s capacity…

Decentralized Finance Is Blossoming, But Just How Decentralized Is Defi?

January 30th, 2020

The defi market has hit an all-time high as the total value locked up in decentralized finance has surged past $850 million. A flurry of new applications, privacy proposals, wallets, DEXs, and protocols is extending the limits of what defi is capable of. This jubilation should be countered with a healthy dose of caution, however,…