Bitcoin News

Forget the recent bearish momentum and Bakkt’s disappointing launch. Here are five reminders of why you should still be HODL your Bitcoin. More Secure Than Ever to HODL Bitcoin At the end of last month, despite an extended period of sideways trading, Bitcoin hit its first-ever 100 quintillion hash rate level. On September 26, Bitcoin […]

HSBC Bank job slashing will address those whose positions are high-paid. An official announcement from HSBC Bank will be probably made later this month when the company is to report on its third-quarter results. HSBC Holdings Plc, a UK-based multinational banking and financial services holding company, has plans to downsize its staff and cut 10,000 […]

Escalating political tensions in Hong Kong and a potential economic and banking crisis in India has highlighted how fragile cash savings can be. Naturally Bitcoin benefit from this and would be the answer if adoption was greater and volatility was lower but the pluses for decentralized money are growing. Hong Kong ATMs Empty. Bitcoin benefit […]

The authorities in Indian crypto ban appear to have fallen victim to their own anti-crypto regulations. Money seized from a convicted Bitcoin scammer is currently sitting trapped in a frozen State Bank of India of bank account. The authorities had originally hired a local trading venue to take care of exchanging the $1.1 million in […]

Google’s latest quantum computing developments theoretically put Bitcoin and cryptocurrencies at risk, given the growing prospect of being able to use the technology to crack blockchains that rely heavily on cryptography. While the crypto community reacted to last week’s leaked report claiming Google has achieved a major milestone in quantum computing, analysts say Google is […]

Bitcoin Exchanges price [ BTC ] had a greater probability of rallies when exchange wallets marked net inflows of stablecoins. This is yet another evidence that the crypto markets are widely affected by the movement of several key dollar-pegged assets, but mostly Tether (USDT). BTC Moves Predicted by Liquidity Injections – Exchanges Bitcoin Price Dictated […]

The interest of institutions has been on the decline in cryptocurrencies. The much-hyped launch of Bakkt failed to generate enough trading volume during the first week. Mentions of interest in bitcoin from institutions in news headlines have plummeted to a yearly low. In the last year, there has been significant growth in the value of […]

Misconstrued Narrative? Bitcoin OTC Volume Spike in Hong Kong Purportedly Not Protest Related Last weekend, Bitcoin data provider Coin.Dance printed a jaw-dropping stat. LocalBitcoins, a peer-to-peer, over-the-counter cryptocurrency trading service, was reported by the site to have seen its best week so far, transacting over $12 million Hong Kong ($1.5 million) worth of BTC in […]

Bitcoin (BTC) has maintained a hold above $8,000 for the past few days and it appears to be consolidating here. The Bakkt futures launch a couple of weeks ago was hugely underwhelming and industry experts suggest that bitcoin and crypto is still too small for institutional interest. Bitcoin Price Holds Support BTC topped out at […]

US department of justice in a filing with the New York court alleged that Bank of Ireland (BOI) was deceived by a lawyer to launder €273 million proceeds from multi-billion dollar OneCoin Crypto scam money. The prosecutors believe a US lawyer Mark S Scott contacted BoI in 2016, where he claimed to be working on […]

So you’ve been hacked, or you’re the victim of fraud. Can you get your stolen cryptocurrency back? Crypto’s so secure, they said. So trustless, so safe. You are your own bank. Well, now the bank’s beefn robbed and, perhaps the only thing there is left to trust in this broken world. Perhaps someone hacked into […]

Stablecoin firm Tether and its affiliate exchange Bitfinex anticipate a lawsuit alleging that Tether token (USDT) is involved in market manipulation as the result of an unpublished paper. Tether and Bitfinex to defend its position On Oct. 5, both Tether and Bitfinex published statements claiming that they had become aware of an unreleased paper “falsely […]

Algo Capital, an investment firm focused on the Algorand blockchain, lost a few million dollars in USDT and ALGO tokens after its chief technology officer’s phone were breached. According to a source familiar with the matter, Algo Capital reported to its limited partners Friday that Pablo Yabo, its CTO, had his mobile compromised which allowed […]

The United States Securities and Exchange Commission (SEC) has yet again officially stated that Bitcoin (BTC) is not a security. In a letter to Cipher Technologies Bitcoin Fund dated Oct. 1 the SEC declined the investment company’s registration statement on the grounds (among others) that Bitcoin is not a security. Per the letter, Cipher attempted […]

Dutch journalist and television host Jort Kelder exposed a bitcoin scammer on video over Skype after discovering the fraudster was inappropriately using his likeness. Bitcoin Scammer Called Out Over Skype Crypto scammers have been creative of late, using the likeness of celebrities and other well-known individuals to drive advertisement and fraud. According to an investigation […]

According to many experts, the US economy could suffer another crack with the market indicators suggesting a potential recession at bay. Despite Federal Reserve Chairman, Jerome Powell asserting that US economy was in “a good place”, developments suggest the contrary. The most prominent ones being incessant trade and currency war with China, President Donald Trump, […]

Hong Kong’s securities regulator, the Securities and Futures Commission (SFC), has officially released regulations for crypto fund managers. The SFC published the regulatory circular on its website on Oct. 4. In the 37-page document titled “Proforma Terms and Conditions for Licensed Corporations which Manage Portfolios that Invest in Virtual Assets,” the SFC provided terms and […]

John McAfee Exchange, in a recent tweet, announced that he is all set to unveil his own decentralized exchange coming Monday. Exchange Set to be Launched on Monday Per the tweet, the exchange would be completely decentralized. This implies users need not submit any document, e-mail, bank info or transaction details. Also, nothing on the […]