Bitcoin

Plea Bargain Means Silk Road 2 Admin Will Likely See No Prison Time

June 1st, 2019

Following the sentencing of Thomas White, the founder of the Silk Road 2 (SR2) marketplace during the first week of April, another SR2 administrator may evade prosecution. According to reports, SR2 admin Blake Benthall cooperated with global law enforcement and may only face fines for avoiding taxes. The news of the two SR2 admins’ sentences…

Samsung Galaxy S10 – What’s Up With the Crypto Wallet?

June 1st, 2019

Samsung’s new flagship smartphone, the Galaxy S10, had one of the most anticipated premieres this year. The launch of the high-end lineup, comprising three models, marked the 10th anniversary of the Galaxy S series, considered a benchmark in the Android world. A slew of new features were introduced for the latest model. However, the one…

Choose Where to Buy Cryptocurrencies Using Exchangify

June 1st, 2019

Purchasing cryptocurrencies often involves using the services of a digital asset exchange. Such trading platforms typically differ in terms of features, listed coins and supported fiat currencies. Exchangify.io is a website that can help you find the best option in your region. Website Selects Exchanges According to Your Criteria Exchangify is an online platform that…

Analysts Predict $10000 Bitcoin Might Be Imminent as it Keeps Resisting Bears

June 1st, 2019

Bitcoin pulled back to $8000 briefly after touching the $9000 mark. The movement began with a swift move up and then the break downwards. However, the price found support near $8300 instantly as well. $8300 was the earlier break-away point for Bitcoin. BTC/USD 4-Hour chart on Bitstamp (TradingView) Furthermore, Bitcoin [BTC] broke above $8550 on…

Bitcoin Falls Below $8300: FOMO Comes to End as Analysts Extend Bearish Target

May 31st, 2019

Bitcoin [BTC] nearly touched $9100 on 31st May 2019 before after which it went through a swift fall to a low near $8000. Hence, while Bitcoin [BTC] did break-out of the ascending triangle it has fallen back to test the breakout level. BTC/USD 4-Hour Chart on Bitstamp (TradingView) The price of Bitcoin [BTC] at 3:…

Another Aspiring Satoshi Copyrights the Bitcoin Whitepaper

May 30th, 2019

The cryptocurrency community got riled up recently over Craig Wright’s U.S. copyright registration of the Bitcoin whitepaper and some of the code from the early software. However, on May 24 the U.S. Copyright Office saw a Bitcoin whitepaper registration by a man named Wei Liu, bringing another legal challenger to Wright’s claim of ownership over…

New Cryptocurrency Bill Advances in Japan, Regulator Explains

May 30th, 2019

Japan’s House of Representatives has passed a new cryptocurrency bill with additional requests for the government to incorporate into law. We talked to Japan’s top financial regulator to find out the implications of this bill and the proposed resolution. Japan’s New Crypto Bill Passes House A new cryptocurrency bill officially passed Japan’s House of Representatives,…

G20 Countries Start Implementing Unified Crypto Standards

May 29th, 2019

As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto assets pose to the euro area’s financial stability are manageable….

Whales Holding Large Amounts of Bitcoin are Responsible for Bull Market

May 29th, 2019

Although Bitcoin whales have mostly been seen in a bad light, they could be useful in driving important events in the industry. According to Diar, Bitcoin whales who own at least 1000 BTC are responsible for bringing back the bull market that Bitcoin is currently enjoying. Bitcoin price rise coincides with the accumulation According to…

Bitcoin Price Analysis: Consolidation Above $8700 Continues; $9700 Bullish Target

May 28th, 2019

Bitcoin [BTC] has held its gains above $8700 for the second consecutive day. It reached it’s twelve months high on 27th May 2019. This will likely make the traders looking for a pullback anxious as Bitcoin [BTC] could gain another leg up soon. However, with the extreme parabolic rise, withdrawal is just as likely. On…