Bitcoin News

It looks like some people (or entities) can change their minds after all. Despite a mixed relationship with cryptocurrency in the past, the People’s Bank of China (PBC) appears to finally be easing up to it and Crytpocurrency in China becoming friendlier. Is Cryptocurrency in China Becoming “Friendlier?” As China’s central bank, the financial institution […]

Lightning Labs has confirmed that a major Lightning Network Bug in the Lightning Network has been exploited ‘in the wild.’ The peer-to-peer payment network is meant to provide fast and inexpensive Bitcoin payments, but as the bug incident demonstrates, it may not yet be ready for serious payments. The bug was originally revealed on a […]

Big Brother is watching you, but his eyes are really on your wallet – Could UK Track Crypto Users? The UK’s chief financial watchdog could require crypto developers to keep track of their software’s users, in order to meet new anti-money laundering requirements that are expected to come into force next year. The Financial Conduct […]

Bitcoin may be safe from Brexit aftermath, but firms likely to bear brunt of political uncertainty Brexit: The oncoming storm The United Kingdom is poised for the oncoming storm: one that promises to sweep away everything in its way. This storm was in its cumulus stage in 2016, with a majority of voters standing in […]

Bulls are ignoring Bitcoin Red Alerts to focus on hashrate increase Are Bulls Ignoring Bitcoin Red Alerts? As Bitcoin bearish rally is carried forward, the hash rate for the cryptocurrency has hit an all-time high. However, the bitcoin bulls have surfaced the crypto world with predictions of a price hike linked to the ascend in […]

Your Own Exchange – Hodl Hodl plans to make its software freely available so anyone can launch their own version of the peer-to-peer bitcoin exchange. Announced Saturday at the Baltic Honeybadger conference in Riga, Latvia, the plan is, in part, a recognition that Hodl Hodl’s business model is vulnerable to regulatory crackdowns. “History teaches us […]

Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant to get their feet wet. Smaller banks, however, are more willing to occupy this […]

Bitcoin price is sailing the ship of downtrends. The cryptocurrency has consecutively failed for the fourth time to cross the resistance bar. While people may hope for a bullish trend, bitcoin downward pattern could persist for an extended period as the crypto bears roar. In this article, we have curated a list of the factors […]

According to its proponents, the value proposition of Bitcoin (BTC) was dramatically accentuated on Thursday, when central bankers continued their march towards debasement and uncharted monetary territory. Will be the Bitcoin Price Sky High? Why Crypto: European Central Bank Cuts Rates, Commences QE For those who missed the memo, the European Central Bank (ECB) on […]

Cubans Are Turning to Bitcoin to Access Global Economy: Report. Bitcoin (BTC) trading is opening new avenues for citizens in Communist-run Cuba, which has been financially isolated for years under a United States trade embargo. A Sept. 12 report from U.S. News claims that with the recent advent of mobile internet in the country, Cubans […]

Cybercriminals Selling Hacked Fiat Money for Bitcoin at 10% of Its Value There’s now an underground service catering to fraudsters that lack the skills or nerve to hack into online accounts to steal funds. Selling Hacked Fiat Money as low as 10% of real value. According to a September report from security-as-a-service firm Armor, cybercriminals […]

Bitcoin is more traceable than fiat currency, claims MIT-IBM funded report Bitcoin’s immutable transparency and anonymity, while enabling a gateway for uncensored transactions. It allows analysts to identify unique trends within the ecosystem so bitcoin more traceable than fiat. Given the ongoing war between crypto-adoption and regulatory requirements, blockchain analysis company Elliptic published an MIT-IBM […]

Moscow-based law firm ZP Legal claims to have identified Russian nationals who received bitcoin stolen in the 2014 hack of Mt Gox. Local law enforcement is investigating Alexander Vinnik, the alleged operator of the defunct exchange BTC-e. ZP Legal says Mt Gox creditors who come forward as potential BTC-e victims may help Russian authorities establish […]

Governments and policymakers have been in an uproar ever since Facebook debuted their Libra cryptocurrency to the world, prompting the first signs of stricter regulation around crypto and Bitcoin looming. The Power of Decentralization: Bitcoin Cannot Be Blocked By Governments Among the list of concerned governments is France, whose Finance Minister just revealed that it […]

Bitcoin could see a total Bitcoin Ban if its price reaches $100,000, a well-known industry commentator has warned. Trump ‘Will Ban’ Bitcoin When Price Reaches $100,000. Tom Lee: ‘Nothing Out Of Reach’ For US Gov’t In a Twitter debate about Washington’s snap ban on flavored e-cigarettes on Sept. 11, Fundstrat Global Advisors co-founder Tom Lee […]

UK Banks Fined $66 Billion For Insurance Fraud; Bitcoin Still Bad? The arguments as to why bitcoin is superior to the banking system are pretty clear cut to anyone that has used it. A decade ago BTC was conceived to cut out the fatcat middlemen and allow people to transact between themselves. We are not […]

As Trump’s administration is seemingly getting ready to issue a ban on flavored e-cigarettes, prominent cryptocurrency commentator and head analyst at Fundstrat Global Advisors, Tom Lee, said that this is a signal that the White House can issue an “executive order” banning anything, including Bitcoin. Nothing’s Out of Reach. Can White House ban Bitcoin? The […]

Sorry bulls, the Bitcoin price is slipping once again. Over the past day, the cryptocurrency has trended lower, falling to $10,050 as of the time of writing this. At 2.5% down on the day, Bitcoin isn’t looking bearish per se – Bitcoin Drop Low? Yet, with volumes decreasing and Bitcoin being caught in a descending […]