Bitcoin

US Lawyers: Crypto Regulations Are ‘Tough Waters to Navigate’

February 9th, 2019

In a recent interview, Matt Kohen and Justin Wales, two senior counsels working for Carlton Fields’ virtual currency and distributed ledger technology group, highlighted the challenges that legal practitioners and regulators face in interpreting United States regulations pertaining to cryptocurrency. Cryptocurrency Lawyers Emphasize Challenges of Current US Regulatory Apparatus Kohen and Wales are currently working…

Up & Down: BTT Falls From Daily Gainers, Grin Sits Among Weekly Losers

February 9th, 2019

The bullish surge across the cryptocurrency markets has ranked several high profile projects among the top gainers and losers – a distinction predominantly reserved for crypto assets with meager market caps. As of this writing, litecoin (LTC) is the 17th-top gaining cryptocurrency of the last 24 hours after gaining 26%, while the heavily hyped bittorrent…

Proposal to Increase Bitcoin’s 21 Million Supply Sparks Debate

February 9th, 2019

21 is a number that holds deep symbology to bitcoiners. In addition to denoting the total number of bitcoins, in millions, that will ever be issued, it’s inspired scores of cryptocurrency business names, websites, and merchandise designs. Despite its assumed inviolability, some members of the community are opposed to Bitcoin’s rigidly set 21 million supply….

Markets Update: Cryptocurrencies Gain Billions in Less Than an Hour

February 8th, 2019

Cryptocurrency prices have spiked significantly in value during afternoon trading sessions on Feb. 8. The entire market cap of the top digital assets recorded today has added over $15 billion in fiat value in just one hour. Cryptocurrency Markets Gain Billions in One Hour Earlier today, news.Bitcoin.com reported on a slew of leading digital currency…

Quadrigacx Saga: Founder’s Widow Owns $5.6m Properties, Hospital Confirms Cotten’s Death

February 8th, 2019

Troubled Canadian cryptocurrency exchange Quadrigacx may be newly armed with a 30-day stay from creditors, following the Feb. 5 bankruptcy hearing, but its late CEO’s widow, Jennifer Robertson, is on shifting ground as her affidavit is being picked apart by customers, experts, and conspiracy theorists. Cotten’s Death Births Several Conspiracy Theories Quadrigacx, until last year…

Crypto Investor Brock Pierce Is Attempting to Pull Mt. Gox From the Ashes

February 8th, 2019

Prominent cryptocurrency entrepreneur Brock Pierce is attempting to revive the defunct Mt. Gox exchange by submitting a single rehabilitation plan for creditors called Gox Rising. Back in 2014, the former CEO of Mt. Gox, Mark Karpeles, reportedly signed over all of the business’s assets to Pierce and a firm called Sunlot Holdings Limited. The Wild…

The Daily: Huobi Adds USD Trading Pairs, Airswap Launches Fiat-to-Crypto Exchange

February 8th, 2019

In this edition of The Daily, we cover two announcements regarding fiat-to-crypto trading services. The U.S. subsidiary of Huobi has introduced pairs between three cryptocurrencies and the U.S. dollar and peer-to-peer platform Airswap has enabled users to exchange fiat currency for ethereum. There’s also a new development in the Quadrigacx saga – a judge has…

‘India Wants Crypto’ Campaign Passes 100 Days With Growing Support

February 8th, 2019

A social media campaign for positive cryptocurrency regulation in India has passed 100 days with growing support from the community. Despite the ongoing banking restriction imposed by the country’s central bank, local crypto exchanges are reporting increased volumes and optimism about the upcoming regulation. Campaign for Positive Crypto Regulation Friday marks the 100th day of a…

Markets Update: Leading Markets Break ATH Descending Trendlines

February 8th, 2019

BTC price action has broken above a major long-term trendline stemming back to December 2017’s all-time highs. When looking at the 2014 – 2015 bear market, a similar move precipitated the final sell-off of the trend before price action moved into an accumulation pattern. BCH also appears to have broken above two major descending trendlines…

Public Transportation Across Argentina Can Now Be Paid With BTC

February 8th, 2019

The national contactless smart card that is used to pay for public transportation throughout Argentina can now be loaded with BTC. These cards are valid for rides on buses, trains, subways, and motorboats in 37 cities, including the capital city of Buenos Aires, according to the Argentine government’s website. Top Up Sube Cards With BTC…