Bitcoin

Indian Bank Forcing Customers to Agree to Anti-Cryptocurrency Policy

January 11th, 2019

An Indian bank is reportedly forcing customers to agree that they “will not deal with any transactions related to cryptocurrency including bitcoins” when signing up for an account. In addition, there are reports of banks blocking accounts of their existing customers if they are found to have made crypto-related transactions. Account Opening Agreement Amid banking…

Block Propagation Startup Bloxroute Partners With Mining Operation Rawpool

January 11th, 2019

On Thursday, Bloxroute Labs announced a partnership with the China-based mining operation Rawpool Group and global video communication software firm Yeecall. Both Rawpool and Yeecall plan to be the first cryptocurrency businesses to adopt Bloxroute’s product dubbed the Blockchain Distribution Network version one. Bloxroute Labs Gathers Two Partners Bloxroute is a company that claims it…

China Announces New Regulations for Blockchain Companies to ‘Promote Healthy Development’

January 11th, 2019

China is coming down hard on blockchain companies, even though the government appears to favor blockchain over cryptocurrency. The Cyberspace Administration of China (CAC) announced new regulations on Jan. 10 that will compel blockchain platforms to eliminate “undesirable” content while giving authorities access to private stored data and to check the identity of users. ‘Rules…

It’s Time We Began Pricing Things in Satoshis

January 10th, 2019

What can you buy with a virtual pocketful of satoshis? Why anything and everything. Whatever goods or services you can purchase with BTC or BCH you can purchase with their smaller units of account – the satoshi, or ‘sat’ for short. With 100 million of them to every bitcoin, satoshis are as divisible as they…

PR: Bitbook Launches Online Gambling and Betting Platform

January 10th, 2019

This is a paid press release, which contains forward-looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. The gambling and casino industry has been alert to the changes associated with modern technologies. Since its inception, it…

Bitcoin Price Sinks Below $4000 again, Sliding XRP, ETH, BCH, EOS Down the line

January 10th, 2019

While TRX edged out Tether and riding the increasing wave, the crown cryptocurrency, Bitcoin is sinking below $4000 again, dragging other leading cryptocurrencies in the red zone. However, any specific reason affecting this low is still out of sight but the analyst predicts ‘more lows before heading towards high’. Market Again in Red Zone Today…

The Daily: Trust Wallet Adds BCH, 35,000 Merchants Get Access to Crypto Payments

January 10th, 2019

In today’s edition of The Daily we cover an ethereum wallet that’s added support for bitcoin cash, a deal that grants access to accepting payments in cryptocurrency to over 35,000 merchants, and the latest advancement in cross-chain atomic swaps. Trust Wallet Adds Bitcoin Cash Trust Wallet, a mobile wallet for ethereum and ERC20 tokens, has…

7 Korean Crypto Exchanges Pass Government Security Inspection

January 10th, 2019

The South Korean government has released the results of its security inspection of cryptocurrency exchanges. Only seven of them passed all 85 of the inspection points. Fourteen previously-inspected exchanges still have not improved and 17 new crypto exchanges did not meet security standards. Only Seven Exchanges Passed South Korea’s Ministry of Science and ICT announced…

Nick Szabo: Central Banks May Turn to Cryptocurrency Reserves Over Gold

January 10th, 2019

At the Israel Bitcoin Summit at Tel Aviv University on Jan. 8, veteran cryptographer Nick Szabo explained that the use of censorship-resistant cryptocurrencies will rise in countries sanctioned from trade and economies suffering from failed monetary planning. Szabo also argued that the world’s central banks might turn to cryptocurrency reserves in the future in order…

Fund Providers Insist There’s Enough Market Liquidity for a Bitcoin ETF

January 10th, 2019

For years, bitcoin exchange-traded funds (ETFs) have been struggling to get off the ground and receive approval from the U.S. Securities and Exchange Commission (SEC). Passive fund providers are now arguing there is sufficient market liquidity for a bitcoin ETF to be launched in 2019. ETFs to Top $9 Trillion by 2022 ETFs are becoming…