Category: Cryptocurrency

Year-End Gold and Bitcoin Price Predictions from Regular Everyday People

Year-End Gold and Bitcoin Price Predictions from Regular Everyday PeopleJust recently, news.Bitcoin.com talked to a number of individuals and asked them to let us know what they think the price of bitcoin and gold will be by the year’s end. Rather than leveraging the typical predictions from experts, executives, and crypto luminaries, the post delves into the perspective of average people and what they […]

The post Year-End Gold and Bitcoin Price Predictions from Regular Everyday People appeared first on Bitcoin News.

Continue Reading

Testimony From Craig Wright’s Ex-Wife Throws a Twist in the Billion Dollar Bitcoin Lawsuit

Testimony From Craig Wright's Ex-Wife Throws a Twist in the Billion Dollar Bitcoin LawsuitOn June 30, a jury trial was scheduled for the notorious Kleiman v. Wright lawsuit on October 13. Now a recent filing from the plaintiffs notes that when Craig Wright’s ex-wife Lynn Wright recently testified, she revealed a number of interesting findings. Lawyers representing the Kleiman estate say her testimony brings the “infamous “Tulip Trust” […]

The post Testimony From Craig Wright’s Ex-Wife Throws a Twist in the Billion Dollar Bitcoin Lawsuit appeared first on Bitcoin News.

Continue Reading

US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space

US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency SpaceA bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. The four congressmen are Bill Foster (D) of Illinois, Darren Soto (D) of Florida, Tom Emmer (R) of Minnesota, and David Schweikert […]

The post US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space appeared first on Bitcoin News.

Continue Reading

Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records Set All Time High

Weekly peer-to-peer bitcoin trading volumes topped $95 million globally with several countries recording new all-time highs for the year. The record trading volumes coincided with the most bullish week for cryptocurrencies with bitcoin (BTC) briefly trading above $12,000. As data from Usefultulips shows, peer to peer bitcoin trading volumes for the week topped an equivalent […]

The post Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records Set All Time High appeared first on Bitcoin News.

Continue Reading

Over 90% of ETH’s Supply Now in Profit

Over 90% of ETH's Supply Now in ProfitMore than 90% of ETH’s circulating supply is now in profit. The last time this level was observed was in early 2018 when the price of the cryptocurrency was $925. Research and analytics firm Glassnode reported Monday that the percentage of ETH’s supply in profit has reached a level not seen since early 2018. The […]

The post Over 90% of ETH’s Supply Now in Profit appeared first on Bitcoin News.

Continue Reading

Bitpatt.com, a Safe, Fast and Reliable P2P Crypto Exchange, Launches Operations

While there are many crypto exchanges, fear of hacking and theft has slowly crept into crypto traders due to many such past incidents. It makes sense to always be in control of one’s fund and cryptocurrencies, and that’s why P2P or peer to peer services like Bitpatt are trusted by both new and experienced traders. […]

The post Bitpatt.com, a Safe, Fast and Reliable P2P Crypto Exchange, Launches Operations appeared first on Bitcoin News.

Continue Reading

US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2

US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2The Northern California District Court finds that claims against Ripple Labs and its token made by two investors cannot be proven. The legal dispute, which began in May 2018, pitted Ripple Labs including CEO Brad Garlinghouse and disgruntled investors. According to a report, the discontented investors wanted the court to determine whether the “native token […]

The post US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2 appeared first on Bitcoin News.

Continue Reading

US Regulator Zeroes in on Binance Chain as SEC Awards Monitoring Contract to Ciphertrace

US Regulator Zeroes in on Binance Chain as SEC Awards Monitoring Contract to CiphertraceThe U.S. Securities and Exchange Commission (SEC) intends to award a fixed-price contract on a single source basis to Ciphertrace. The SEC is awarding the contract to the blockchain monitoring company as it plans focus on BNB coin, as well as other tokens on the Binance’s DEX. The BNB token has multiple forms of utility […]

The post US Regulator Zeroes in on Binance Chain as SEC Awards Monitoring Contract to Ciphertrace appeared first on Bitcoin News.

Continue Reading

Stablecoin Cold Storage Backed by Satoshis – Simba is a New Way of Holding Assets in Switzerland

When it comes to Switzerland, first of all, people have associations with first-class chocolate, delicious cheese, the most precise watches, multi-purpose knives and, of course, a safe place to keep money. New Way of Holding Assets in Switzerland Since the dawn of time Switzerland has been a banking paradise attracting more and more people, who […]

The post Stablecoin Cold Storage Backed by Satoshis – Simba is a New Way of Holding Assets in Switzerland appeared first on Bitcoin News.

Continue Reading

Bitcoin an Option, as Dennis Gartman Says He’s Exiting ‘Crowded’ Gold Market

Bitcoin an Option, as Dennis Gartman Says He's Exiting "Crowded" Gold MarketGold bull Dennis Gartman is moving out of gold because the market has become “too crowded.” In an interview with Bloomberg on Thursday, Gartman said he was “social distancing” from the precious metal until such a time when the price falls to around $1,775. “Too many people all of a sudden are involved in the […]

The post Bitcoin an Option, as Dennis Gartman Says He’s Exiting ‘Crowded’ Gold Market appeared first on Bitcoin News.

Continue Reading

Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low

Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year LowCentral banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end of the year. Meanwhile, bank indexes show that financial institutions […]

The post Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low appeared first on Bitcoin News.

Continue Reading

Bybit presents World Series of Trading (WSOT) – 200 BTC Prize Pool up for Grabs

While movie theaters may be unusually empty this time of the year, a different kind of summer blockbuster is coming soon, one that promises to bring back the exhilaration of competitive crypto trading with up to 200 bitcoins (BTC) prize pool, up to 20% off trading fees and up to $9,400 in USDT bonuses. A […]

The post Bybit presents World Series of Trading (WSOT) – 200 BTC Prize Pool up for Grabs appeared first on Bitcoin News.

Continue Reading

Bitcoin Tops $11,000 Reigniting Interest in India

Bitcoin Tops $11,000 Reigniting Interest in IndiaA resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing with cryptocurrency exchanges. The ban was imposed by the Reserve […]

The post Bitcoin Tops $11,000 Reigniting Interest in India appeared first on Bitcoin News.

Continue Reading

Cake DeFi: A One-Stop Shop for Generating Yield

Cake DeFi, a platform that allows users to generate cash flow through pooled masternode staking and options lending, has created a platform with a clean user interface that allows anyone from the novice to the time-starved investor, to start earning interest on their cryptocurrency with a couple of simple clicks of a button. Cake was […]

The post Cake DeFi: A One-Stop Shop for Generating Yield appeared first on Bitcoin News.

Continue Reading

Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria

Ignorance and Greed Sustain Cryptocurrency Scams in NigeriaNigeria is not only Africa’s biggest cryptocurrency market but is also a leading adopter of digital currencies globally. Official figures show the country is well ahead of fellow African countries. Citizens of the West African state use cryptocurrencies for cross border payments as well as for international remittances among many growing use cases. However, this […]

The post Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria appeared first on Bitcoin News.

Continue Reading

Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach

Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex BreachAround 2,500 stolen bitcoins ($28 million) from the 2016 Bitfinex breach were transferred from the hacker’s wallet on Monday. The last time the Bitfinex hackers moved funds from the hack four years ago, they moved around $5 million worth of coins on June 24. This time around, the top crypto asset by market capitalization touched […]

The post Hackers Transfer $28 Million Worth of Bitcoin from 2016 Bitfinex Breach appeared first on Bitcoin News.

Continue Reading

Exploring Decentraland: A Review of the Virtual World Built on Ethereum

Exploring Decentraland: A Review of the Virtual World Built on EthereumDuring the last two weeks, I’ve been roaming around the virtual world Decentraland in order to get some perspective on the platform supported by the Ethereum Blockchain. The following is a review of my experience in Decentraland and observing all that has been built since it was invoked over four years ago. Four years ago, […]

The post Exploring Decentraland: A Review of the Virtual World Built on Ethereum appeared first on Bitcoin News.

Continue Reading

J. A. McDonald: The Longest Running Case of Mass Hysteria

J. A. McDonald: The Longest Running Case of Mass HysteriaIt is a mass delusion on an epic scale, beyond that of any known mental illness or fallacious belief. It is neither genetic nor viral nor bacterial, yet it has spread to each corner of the world and overtaken it. Statism, the belief in a forceful and coercive government, is an affliction that almost all […]

The post J. A. McDonald: The Longest Running Case of Mass Hysteria appeared first on Bitcoin News.

Continue Reading

Crypto Scammers Steal $381 Million in 2020, While Twitter Hackers Direct Funds to Mixers

Cryptocurrency related scams have taken a total of $381 million from victims so far this year. This figure makes crypto scams the largest category of cryptocurrency-related crimes so far in 2020. Chainalysis data still shows current figures are well below those seen in 2019. In 2019, scams accounted for 74% of crypto-related crimes. The current […]

The post Crypto Scammers Steal $381 Million in 2020, While Twitter Hackers Direct Funds to Mixers appeared first on Bitcoin News.

Continue Reading

NBA Point Guard Spencer Dinwiddie’s Tokenized Contract Raises $1.3 Million

NBA Point Guard Spencer Dinwiddie's Tokenized Contract Raises $1.3 MillionNBA player Spencer Dinwiddie has finished the token sale of his contract that is hosted on the Ethereum blockchain. The sale of Dinwiddie’s tokenized contract raised $1.3 million which was only a tenth of what the project hoped to sell ($13.5 million). Even though the Brooklyn Nets guard Spencer Dinwiddie put a lot of energy […]

The post NBA Point Guard Spencer Dinwiddie’s Tokenized Contract Raises $1.3 Million appeared first on Bitcoin News.

Continue Reading

Crypto Race Heats Up: Bitcoin’s Dominance Ratio Drops to Lowest Level in 12 Months

Crypto Race Heats Up: Bitcoin's Dominance Ratio Drops to Lowest Level in 12 MonthsThe largest digital asset by market capitalization, bitcoin has lost a significant share of market dominance during the last few weeks. Bitcoin’s dominance ratio dropped to 61.5% on Thursday, after hovering around 66% for months on end. The last time the crypto asset’s dominance level was around the 61% range was over 12 months ago […]

The post Crypto Race Heats Up: Bitcoin’s Dominance Ratio Drops to Lowest Level in 12 Months appeared first on Bitcoin News.

Continue Reading

By continuing to use the site, you agree to the use of cookies. more

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close