Bitcoin News

The UK’s Financial Conduct Authority (FCA) is reportedly close to deciding whether to ban Bitcoin and Crypto derivatives trading of cryptocurrencies. A proposal is already on the table and the regulator is expected to make its decision early next year, reports The Economist. The FCA says it has an obligation to protect retail investors and […]

Twitter user PlanB, who is known for his Bitcoin statistical model based on the stock-to-flow ratio, said that we’re now entering a new phase, citing his fractal dimension indicator. The chances are that we’ll see a strong bullish rally in 6 to 12 months, which coincides with the next halving. Bitcoin and Stock-to-Flow German bank […]

Crypto exchange BitMax has been accused of being involved in pump and dump schemes to benefit from IEO projects. Lunar Digital Assets CEO Bashes BitMax Exchange On Tuesday, Han Yoon, founder and CEO of crypto data analyst Lunar Digital Assets (LDA), accused the BitMax team of indirectly defrauding several IEO projects through pump and dump […]

Crypto traders are tracking a pair of huge Bitcoin whale movements. A total of 8,124 BTC worth $67.2 million have been transferred out of an institutional cold storage wallet owned by the crypto custody giant Xapo. The first transaction sent 7,143 Bitcoin to an unknown wallet, while the second transfer moved 981 BTC to a […]

Binance US launched just over a week ago, but its liquidity is already above that of the Winklevoss Twin’s Gemini exchange. This fact was stressed by Binance CEO Changpeng Zhao (CZ). Binance US Liquidity Triples and Surpasses Gemini Exchange CZ cited data from cryptowat.ch to point out that Binance’s American branch saw its liquidity tripling […]

Amid the escalating chaos of the anti-government protests in Hong Kong, bitcoin trading volume has hit an all-time high on peer to peer exchange, LocalBitcoins. Residents of Hong Kong are still staggering from what was an exceptionally violent week of protests. The outrage over the now- withdrawn extradition bill has boiled over into issues such […]

The trustee recovering funds on behalf of Mt Gox creditors has contacted the U.S. Department of Justice seeking information about Alexander Vinnik, who prosecutors allege played a role in laundering stolen funds from the bankrupt exchange. Nobuaki Kobayashi, the trustee, requested details of the DOJ’s investigation into BTC-e, a defunct crypto exchange with the Russian […]

A senior crypto analyst at Bloomberg Intelligence says he’s feeling bullish on Bitcoin. According to Mike McGlone, BTC has hit its first solid support zone since May, and CME Group’s launch of Bitcoin options early next year should help trigger a new rally in the long run. “The price has dipped into the first good […]

The Bitcoin (BTC) network experienced fresh turbulence on Sept. 30 while evidence emerged of a fire destroying $10 million worth of bitcoin mining farm. A video of alleged Bitcoin mining farm fire emerges According to Marshall Long, one of the first active Bitcoin miners, mining company Innosilicon’s giant data center began burning on Monday. Details […]

One of the few countries in the world to ban Bitcoin and cryptocurrency outright has conducted multinational training on crypto crime prevention. Eight Countries Meet For Legal Training According to local news outlet SketsIndo, the Attorney General of Indonesia gathered attorneys from eight countries for a dedicated four-day cryptocurrency course. The move was in response […]

The CEO of Brazilian cryptocurrency firm Grupo Bitcoin Banco has claimed 25,000 Bitcoins (BTC) — a staggering $209 million as of press time — on a bitcoin tax filing, while also saying his firm is unable to pay out customer funds as the result of a hack. The tax document was shared by an individual […]

The (BTC) Bitcoin network produced an unusually slow block, taking 119 minutes to discover the block number. The anomaly is happening despite the record activity of miners. Slow Block May Be a Statistical Anomaly on Bitcoin Network The Bitcoin network has a 10-minute block schedule, and so far keeps within the predetermined time, with only […]

Decentralized data governance startup Band Protocol launched its fully decentralized BTC binary options trading app BitSwing on Ethereum’s (ETH) mainnet. Band Protocol — which closed a $3 million seed round led by Sequoia Capital India this February — announced the launch of BitSwing ahead of its ETH mainnet roll out on Sept. 30. Binary options […]

Bitcoin’s fall over the last few days has emboldened bears to come out of hiding. BTC Can Drop to Anywhere from $7,000 to $0 Say Bitcoin Price Analysis Calls for a plunge to $7,000 and below are overwhelming social media channels. It appears that in one bearish push, all the hard work that the bulls […]

Bayern LB, one of Germany’s top banks, has published a report in strong support of bitcoin superseding gold, predict bitcoin price of $90,000 per BTC post bitcoin’s halving in 2020. Within a report entitled, “Is bitcoin outshining gold?” the bank’s researchers delved into the stock-to-flow ratios of gold and bitcoin, specifically regarding the impact of […]

The United States Commodity Futures Trading Commission (CFTC) charged a United States resident with a $7 million Bitcoin (BTC) related fraud. In an official news release published on Sept. 30, the regulator revealed that Jon Barry Thompson of Easton, Pennsylvania, is charged with “knowingly or recklessly making false representations to customers in connection with the […]

Peter Schiff, the chief executive of Euro Pacific Capital and Chairman of Schiff Gold, is an outspoken bitcoin earning hater. His animosity against the top cryptocurrency can be traced as far back as June 21, 2011. In his very own radio show, Schiff fervently expressed how bitcoin had no intrinsic value. He said, Intrinsically, the […]

German police have raided and shut down Cyberbunker 2.0, a decommissioned NATO bunker that housed dark web market servers and child porn. The bunker, hidden in the Mosel River town of Traben-Trarbach, held multiple stories of servers as well as “$41 million worth of funds allegedly tied to these markets,” according to security researcher Brian […]