Bitcoin

6 Darknet Markets for the Crypto Curious

October 19th, 2019

If you’ve got a few thousand satoshis burning a hole in your wallet, the darknet beckons. There’s no obligation to spend a single sat while scouring the darker recesses of the web, but it’s nice to know that should you get the urge, your crypto’s good. There are few certainties when shopping on darknet markets…

‘Why Are You Afraid?’ – Watch Roger Ver Debate Nouriel Roubini on Cryptocurrency

October 17th, 2019

Starting a debate by calling nearly everyone in the room “economically illiterate” doesn’t usually end well for someone attempting to persuade an audience, but that’s just what American economist Nouriel Roubini did on Tuesday, in his debate Executive Chairman Roger Ver. The 40-minute, high-energy volley of arguments and ad home is as entertaining to watch…

Indian Supreme Court Postpones Crypto Case to November

October 15th, 2019

The Supreme Court of India on Tuesday once again postponed hearing the case against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case today. Supreme Court Hearing Rescheduled Again The Indian…

BTC/USD Analysis: Impending Bounce From Resistance Line Targets $7,800 – Bybit Margin Trading

October 15th, 2019

Bitcoin is relatively pushing for consolidation within a wide range between $8,200 and $8,500. The sideways movement comes after Bitcoin was rejected at $8,800 last week. Support above $8,200 was strong enough to cut short the drop. However, the bounce that followed was sabotaged by increasing selling pressure under $8,500. BTC/USD four-hour chart BTC/USD price…

IMF Has Another Trick Up Its Sleeve When Fiat Fails – Its Own Coin SDR

October 14th, 2019

Virtually everybody knows what a dollar is, but not as many know about the SDR. The International Monetary Fund’s (IMF) Special Drawing Rights is an international, monetary reserve system created specifically to address the limitations of gold and standard fiat currencies such as the USD. In short, should this fail, central banks, and their governments…

More Nations Join the Club of Crypto-Friendly Jurisdictions

October 13th, 2019

Regulatory barriers are a major concern for businesses working with decentralized assets. Not all governments, however, are putting obstacles in front of crypto companies. In fact, the number taking a crypto-friendly stance is in fact increasing. Executives View Regulations as the Biggest Threat Government regulations are a determining factor for the business climate crypto companies…

Android Tool Lets You Check Crypto Payment Apps for Double-Spends

October 13th, 2019

The risk of double-spending has traditionally been a major obstacle to creating and fully using digital money. A flaw of this kind would be detrimental to the credibility of any system claiming to provide universal solutions to the financial needs of our era. Whoever created Bitcoin elegantly solved the difficult task, but a growing ecosystem…

Dutch National Bank Says Gold Can Re-Start Economy in Case of Total Collapse

October 13th, 2019

An article found on the De Nederlandsche Bank (DNB) website has surprised many in the crypto space, with its bold claim that “If the entire system collapses, the gold stock provides a collateral to start over.” While proclamations of this nature are nothing new, it is strange to see a mainstream financial institution open up…

IRS to Require 150 Million Filers to Disclose Crypto Activities

October 12th, 2019

The U.S. Internal Revenue Service (IRS) has unveiled a new draft tax form used by some 150 million people in the country to file tax returns. It has a section that requires them to answer whether they have received, sold, sent, exchanged, or acquired any financial interest in any cryptocurrencies during the year. New Tax…

4 New High-Powered Bitcoin Miners Revealed

October 12th, 2019

Bitmain Technologies and Canaan Creative have announced new mining rigs that process roughly 58-73 terahash per second (TH/s). Sources also reveal that Canaan’s initial public offering (IPO) could be listed in the U.S. next month. Bitmain and Canaan Introduce Bitcoin Miners That Process 70 Terahash per Second The 2019 World Digital Mining Summit (WDMS) has…