Bitcoin

The Daily: Twitter CEO Talks Bitcoin, Bitstamp Releases New Mobile App

February 4th, 2019

In Monday’s edition of The Daily we cover a recent interview with Jack Dorsey where the Twitter CEO again publicly shares his views on the future of cryptocurrency. Additionally covered are a new mobile app from Bitstamp and a report about Nvidia’s revenues from the mining market. Twitter CEO Talks Bitcoin on Joe Rogan Experience…

Venezuela’s New Cryptocurrency Rules Enter Into Force

February 4th, 2019

The decree establishing a legal framework for cryptocurrencies in Venezuela has entered into force. It contains 63 articles including rules for the purchase, sale, use, distribution, and exchange of cryptocurrencies and related products. It also mandates a registration system and details audit procedures, penalties for non-compliance, and how mining equipment can be confiscated. Legal Framework…

Decentralized Protocols Are Making It Easier Than Ever to Gamble With Cryptocurrency

February 4th, 2019

Americans wagered $140 million on the 2017 Super Bowl, but if sports betting was legal nationwide, that figure would have been closer to $5 billion, it’s believed. Save for a handful of states such as Nevada, sports betting is outlawed in the U.S., though a Supreme Court ruling last year looks set to change that….

SEC Solicits Blockchain Analysis Tool to Identify Wallet Owners

February 3rd, 2019

While U.S. investors are waiting for a bitcoin ETF to be approved, American financial regulators are looking to make the market more transparent. The Securities and Exchange Commission (SEC) is seeking a service that will identify the owners of wallet addresses for multiple cryptocurrencies. The SEC Wants Crypto Transaction Details The SEC has issued a…

New Hampshire House Subcommittee Approves Bitcoin for Taxes Bill

February 3rd, 2019

During the first week of the new year, two U.S. representatives from New Hampshire, Dennis Acton and Michael Yakubovich, proposed a bill that would allow the state’s residents to pay taxes with cryptocurrencies. Now after some deliberation, New Hampshire’s House Subcommittee unanimously approved the state’s bitcoin for taxes bill. New Hampshire Bitcoin for Taxes Bill…

The Importance of Risk Management and Psychology When Trading Crypto

February 3rd, 2019

In 2017, as crypto mania escalated, we witnessed extreme cases where individuals decided to make huge bets on bitcoin. Some liquidated all their assets and invested their life savings. Most of these investors were subsequently gored by the same bull that had led them and then rekt during the ensuing bear market of 2018. Knowing…

Markets Update: Traders Patiently Wait for Crypto’s Longest Bear Run to End

February 3rd, 2019

Cryptocurrency prices have been seemingly stable lately as there hasn’t been much volatility in the last two weeks in either direction. The overall market capitalization of the entire crypto economy has lost about $4 billion since our last markets update and global trade volumes are much slimmer than weeks prior. Traders Are Patiently Waiting for…

The Daily: Grin Developer Fund Grows, Russian Agent’s BTC Transaction Tracked

February 3rd, 2019

In this edition of The Daily, a leading Grin developer has received donations worth $26,000 to fund his work on the project. Also, research group Bellingcat has tracked a BTC transaction allegedly made by Russian agents meddling in U.S. elections, and stablecoin paxos has reached $10 billion in transactions. Grin Developer Receives Donations Worth $26,000…

Bitcoin Had a Fairer Launch Than Any Altcoin

February 3rd, 2019

What constitutes a fair coin launch? It’s a question that has had some of the brightest minds and brashest projects in the space debating the best way to kickstart a cryptocurrency. Every crypto, Bitcoin included, has attracted criticism over a distribution schedule that favored early adopters. To date, no other coin has come close to…

Crypto-Stealing SIM Swapper Pleads Guilty, Gets 10 Years in Prison

February 3rd, 2019

Joel Ortiz, a college student who allegedly stole cryptocurrency worth over $5 million, has pleaded guilty and accepted a 10-year prison sentence. Ortiz was arrested last year and accused of hijacking the phone numbers of around 40 people. He is now the first person to be sentenced for the crime, commonly known as SIM swapping….