Bitcoin Breaks $7500: Will the Price Rise Again After the Weekend Frenzy?

May 13th, 2019

Bitcoin broke up $7500 on Sunday, 12th May 2019 at the Exchanges and OTC markets which confirmed the bull market in Bitcoin. However, Bitcoin saw a big correction of 8.78% as the price from $7520 levels down to $6850-$6875. Nevertheless, it followed the bullish momentum and vertical trendline to trade above $7000 again. The price…

Indian Crypto Traders Undeterred by Ban Rumor

May 12th, 2019

The Indian crypto community is undeterred by the widespread rumor that its government is discussing a bill which could ban some cryptocurrencies. Local crypto exchanges have revealed to that their trading volumes have been increasing despite this report. Meanwhile, experts have weighed in on this possible bill, and another crypto exchange may be shutting…

Markets Update: Crypto Bulls Outpace Stocks and Gold

May 11th, 2019

Cryptocurrency markets have been doing extremely well over the last 48 hours, making a lot of prior skeptics think the bearish crypto winter may have ended. Since our last markets update three days ago, the entire cryptoconomy has gained close to $33 billion in value and trading sessions over the last 24 hours produced a…

Deepdotweb Duo Indicted for Linking to Darknet Markets

May 10th, 2019

Federal indictments unsealed on May 8 have revealed further details of the case against Deepdotweb’s operators. Tal Prihar, 37, an Israeli citizen residing in Brazil, and Michael Phan, 34, an Israeli in Tel Aviv, have technically been charged with money laundering. The feds have made it very clear, however, what they believe the real crime…

Markets Update: Crypto Prices Show Strong Recovery After Binance Loss

May 8th, 2019

Cryptocurrency markets are doing much better the day after the digital asset exchange Binance lost roughly 7,000 BTC ($40 million). Immediately after the trading platform officially announced the multi-million dollar loss, the cryptoconomy shed billions but since then most digital assets have recovered and markets are doing surprisingly well. Cryptos Recover After Dropping a Few…

Keys4coins Lets You Buy Digital Video Game Licenses With Bitcoin Cash

May 8th, 2019

Video gaming is the biggest entertainment industry in the world right now and as most PC games are sold online to a young and tech-savvy demographic, they are a perfect fit for cryptocurrency payments. One platform taking advantage of this by selling digital game licenses for bitcoin cash is Keys4coins. How to Buy Video Game…

Putting an End to the Bitcoin Store of Value Fallacy

May 5th, 2019

Over the last few years, many have claimed that bitcoin core (BTC) has turned into, or will soon become, a store of value (SoV). Proponents of the BTC-based SoV theory seem to think that money can somehow store value and if it’s held long enough, the price will be higher or predictably useful when spent…

Craig Wright Ordered to Produce a List of Early Bitcoin Addresses in Kleiman Lawsuit

May 4th, 2019

On April 28, the high profile Kleiman v. Wright lawsuit heated up when the plaintiffs alleged Craig Wright submitted forged evidence before the court. Following the recent response against Wright’s motion to dismiss the case, the plaintiffs also filed an order which demands a list of Wright’s public bitcoin addresses as of Dec. 31, 2013….

Celsius Wallet App Offers Interest and Loans for Your Cryptocurrency

May 4th, 2019

With crypto markets rising, hodling seems to be a sound investment strategy once again. If you have coins you want to keep, you can earn some interest on your digital assets thanks to platforms such as Celsius Network. Its mobile wallet allows you to also use the cryptocurrency as collateral in case you need to…

New Website Promises to Unveil Satoshi Nakamoto in 10 Days

May 4th, 2019

The hunt for Satoshi Nakamoto, which has beguiled internet sleuths for years, has taken another bizarre turn. A new website, Got Satoshi, shows a countdown timer to when it will unveil Bitcoin’s pseudonymous creator. The reveal will occur in 10 days’ time, when many bitcoiners will be gathered in New York for the annual Consensus…