Tag: BTC

Bitcoin Manipulated? The Target of More Tricks? In 2018, a report issued by John Griffin, a finance professor at the University of Texas, showed that the currency was potentially being manipulated by tether during the previous year. It’s price spiked the way it did because people who owned tether would repeatedly use that currency to […]

The SEC has voted to establish a clear framework for ETFs, in the hope of greater innovation. SEC to speed up BTC ETF approval. The Securities and Exchange Commission (SEC) has voted to make it easier for exchange-traded funds (ETFs) to come to market, increasing competition and undoing decades of regulation, it announced today. The […]

Africa is set to be the next battleground for major crypto-asset exchanges, as the conditions on the continent are favorable for virtual currency, and as a leading economy, South Africa could lead the charge in this digital transformation. We will examine how the economic situation and the high inflation in Africa could shape the local […]

Bitcoin has been in the spotlight this week largely due to two unfavorable developments. The first one is the underwhelming Bakkt launch that failed to impress the cryptocurrency community. Second, the largest cryptocurrency finally broke down from a descending triangle after months of consolidation, prompting calls for a bearish dump to $4,000 or even lower. […]

Anyone expecting a new record high bitcoin price all time High by the end of the year is likely to be disappointed. Based on the previous cycles of BTC price activity, we probably won’t see bitcoin smash back through $20,000 before at least May 2020. The reason is simple: Bitcoin has never recaptured an all-time […]

The US Securities and Exchange Commission (SEC) is right about their decision to reject bitcoin exchange-traded funds, believes Jake Chervinsky of San Francisco-based Compound Finance. Latest Bitcoin, BTC Drop Proves SEC’s ETF Concerns The general counsel on Thursday said the US securities regulator has valid concerns about bitcoin’s price volatility. He referred to the cryptocurrency’s […]

Just a few months ago in July 2019, the United States Internal Revenue Service (IRS) sent approximately 10,000 letters to cryptocurrency holders regarding their crypto address holdings. The letters detailed that recipients may not have reported their transactions properly, or failed to report income and pay taxes on their digital currency transactions. The IRS asked […]

Wall Street analyst Thomas Lee, the co-founder and head of research at Fundstrat, says Bitcoin and crypto crash continues to reinforce his “unpopular” theory that BTC has long-term ties to the S&P 500. Lee thinks Bitcoin suffers when stocks are flat. Lee says the S&P 500 could soon be headed in a bullish direction, however. […]

The Google search trends of “Bitcoin” term have moved from Western countries to Asia and Eastern Europe throughout the years and recently landed in Africa “Bitcoin Africa”, according to Binance Research. Bitcoin Now Most Popular in Nigeria, Africa Earlier today, Binance Research presented a short video demonstrating the changes in heat ranking of Bitcoin term […]

Bears are back. After a multi-month long consolidation period, Bitcoin (BTC) finally broke down earlier this week, quickly losing all semblance of a bull trend in a spectacular fashion calls Bitcoin Price Bubble. For those who missed the memo, within a few hours’ time, the leading cryptocurrency had fallen from five digits — $10,000 — […]

Having trumped up the risks of unregulated cryptocurrencies earlier this year, Dutch bank ABN Amro NV calls Bitcoin Risky but finds itself in the midst of a major money-laundering scandal. On Sept. 26, Bloomberg reported on news of a criminal probe into the bank’s alleged failures to report suspicious transactions and to adequately vet its […]

The number of nodes on the Bitcoin Lightning Network [ Explained ] has risen above 10,000 for the first time. Nodes are the computers who help to keep the network running. At its core, the Bitcoin Lightning Network is a decentralized system for instant and high-volume Bitcoin micropayments—with payments as low as 1 satoshi (worth […]

Since launching on the Bitcoin mainnet in early 2018, the Bitcoin Lightning Network has experienced significant adoption and growth. The first Lightning Network implementation developed by Lightning Labs was launched in beta in March 2018. The other two popular implementations were developed by ACINQ and Blockstream which were launched in late March and late June, […]

What Wall Street Is Doing for BTC Cryptocurrency? That’s right. The arena of big banks and stock players is working hard to develop ways for BTC Cryptocurrency to avoid volatility. As of late, many reports have emerged stating that the currency is experiencing its lowest volatility in months. That all changed yesterday when it seemingly […]

Bitcoin Exchange became a medium without force unlike fiat money, claims Silk Road’s Ross Ulbricht “Bitcoin didn’t start out as money, it became money,” read a letter drafted by Ross Ulbricht, the infamous creator of darknet website, Silk Road. Being one of the first to spread Bitcoin’s use and mass adoption, Ulbricht highlighted how Bitcoin, […]

Bitcoin price USD has lost over 15% since Monday, though the biggest part of the decline happened yesterday. Interestingly, the US stock market crashed a few hours before the BTC drop. Is there any correlation? S&P 500 Shows Biggest Monthly Drop Tuesday was not a sad day for Bitcoin holders only. On September 24, just […]

A recap of the “Mastering Bitcoin” author’s speech on how Bitcoin Banking can fight against a system of surveillance style banking. In his latest on-stage appearance, long-time blockchain advocate Andreas Antonopoulos took aim at the global banking sector, describing it as a “golden cage” akin to a cartel that would ultimately be destroyed by Bitcoin. […]

Customers of major crypto exchange Binance can now Buy Cryptocurrency with Credit Card and debit cards via payment processing firm Koinal. 2.5% fee to Buy Cryptocurrency with Credit Card from Visa and MasterCard Binance users can now Buy Cryptocurrency using their Credit Card Visa and MasterCard debit and credit cards, the company announced in a […]