Bitcoin News

How Is Bitcoin Cash Different From Bitcoin Core?

How Is Bitcoin Cash Different From Bitcoin Core?

The crypto space can be hard to break into for those unfamiliar with the jargon, lingo, and foundational knowledge taken for granted by the already initiated. Adding to this difficulty is the fact that...

Maduro Opens Crypto Casino in Venezuela

Maduro Opens Crypto Casino in Venezuela

Venezuela’s President Nicolas Maduro has authorized the opening of a casino at a luxury hotel in Caracas where bets must be placed in petros, the country’s national oil-backed digital currency. Several cryptocurrencies and fiat currencies can be exchanged into petros...

BTC Miami Blockchain Conference Kicks Off Its Seventh Year

BTC Miami Blockchain Conference Kicks Off Its Seventh Year

On January 16, The North American Bitcoin Conference (TNABC) opened its doors at the James L. Knight Center in Miami for its seventh year. The conference was filled with hundreds of crypto enthusiasts, exhibits, and well known speakers from the blockchain industry....

Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans

Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans

U.S.-based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. The product utilizes Silvergate Bank’s Exchange...

Bitcoin Lawsuit Heats Up With More Bonded Courier Tales

Bitcoin Lawsuit Heats Up With More Bonded Courier Tales

During the last few days, cryptocurrency participants have been discussing the notorious Kleiman v. Wright lawsuit as new developments have revealed a third party provided Craig Wright with the necessary information to unlock an encrypted file he could not access...

Gavin Andresen Speaks About Ethereum’s Tornado and Wallet Privacy

Gavin Andresen Speaks About Ethereum’s Tornado and Wallet Privacy

Over the last couple of years. the former lead maintainer of the Bitcoin Core (BTC) repository Gavin Andresen has been quiet in regards to the crypto ecosystem. Andresen hasn’t been developing any projects and once in a while makes a comment or two about the digital...

This key resistance level could spark a massive Bitcoin selloff

This key resistance level could spark a massive Bitcoin selloff

Bitcoin’s bulls have now propelled the cryptocurrency to the upper boundary of a strong multi-month channel, and they appear to be showing some signs of faltering as BTC struggles to break past this level. It is important to note that the recent uptrend has...

Market Outlook: Bullish Trend Sends Crypto Prices Northwards

Market Outlook: Bullish Trend Sends Crypto Prices Northwards

Digital currency markets are seeing significant gains this week as the entire market capitalization gained $28 billion in the last seven days. Moreover, trade volume has spiked to a massive $100 billion and during the last 24 hours, numerous digital assets have gained...

Online Bullion Marketplace Onegold Sees $50 Million in Crypto Payments

Online Bullion Marketplace Onegold Sees $50 Million in Crypto Payments

On January 13, the online bullion marketplace Onegold announced the launch of a new mobile application so customers can buy, sell or redeem precious metals at any time. Since 2018, Onegold has accepted cryptocurrencies like BCH and BTC and the firm currently gives...

Close to 11 Million BTC Haven’t Moved in Over a Year

Close to 11 Million BTC Haven’t Moved in Over a Year

According to a new research report published by Digital Asset Data, more than 10 million BTC has been sitting dormant for a whole year. Data shows that unmoved bitcoins account for roughly 59% of the current minted supply and it’s the largest number of dormant coins...

China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year

China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year

On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was...

Institutional and Retail Bitcoin Futures Demand Continues to Climb

Institutional and Retail Bitcoin Futures Demand Continues to Climb

2019 saw significant bitcoin derivatives action from firms like CME Group and Bakkt. This year, demand for CME’s bitcoin futures remains strong and the firm’s options products may be available this week. Additionally, Bakkt’s physically-delivered bitcoin futures have...

US and European Regulators Say Crypto a Priority This Year

US and European Regulators Say Crypto a Priority This Year

Several regulators in the U.S. and Europe have made cryptocurrency among their top priorities this year. The Securities and Exchange Commission’s compliance office and the European Securities and Markets Authority, in collaboration with other regulators, have outlined...

EU Countries Commence Crypto Regulations as Mandated by New Directive

EU Countries Commence Crypto Regulations as Mandated by New Directive

The European Union’s 5th Anti-Money Laundering Directive mandates that member states start regulating crypto assets by Jan. 10. Crypto exchanges and custodial wallet providers are now covered by the same regulatory requirements as banks and other financial...

Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump

Mining Giant Canaan Faces Stiff Competition After IPO Shares Slump

On November 21, the Chinese mining rig manufacturer Canaan Inc. launched its initial public offering (IPO) sale of $90 million worth of U.S. shares. Canaan shares initially sold for $8.99, but plummeted over 48% on December 16 to $4.65 per share. Since then, Canaan...

Philippine ‘Crypto Valley of Asia’ to Get Own Airport

Philippine ‘Crypto Valley of Asia’ to Get Own Airport

The Philippines has a “Crypto Valley of Asia,” an initiative of the Cagayan Economic Zone Authority, the government agency responsible for managing the Cagayan Special Economic Zone and Freeport. An airport is now being planned for inside this economic zone to address...

ECB Wants Active Role in Crypto, Will Not Deter Private Solutions

ECB Wants Active Role in Crypto, Will Not Deter Private Solutions

The European Central Bank (ECB) wants to play an active role in the field of digital currency, said President Christine Lagarde. As the bank works on its own digital currency and an instant payment system, Lagarde emphasizes that “central bank initiatives should...

Kerala Outlines Plans to Become India’s Blockchain Hub

Kerala Outlines Plans to Become India’s Blockchain Hub

The Indian state of Kerala is actively exploring using blockchain technology to improve a wide range of existing systems, including financial. Thousands of people are already being trained in the state to become blockchain experts, some of whom have already graduated,...

Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas

Japanese Firms SBI and GMO Join the Digital Gold Rush in Texas

The city of Rockdale, Texas is attracting attention again, similar to the interest the region saw back in the fifties when the Alcoa aluminum smelting facility set up shop. These days, Rockdale’s change is due to the influx of bitcoin miners coming to town from all...

Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream

Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream

A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into...

Bitmain Responds to Layoff Rumors From Ousted Co-Founder Zahn

Bitmain Responds to Layoff Rumors From Ousted Co-Founder Zahn

Ousted Bitmain co-founder Micree Zahn took to Weibo on Monday to speak out against a reported Bitmain “personnel optimization plan” which could purportedly see around 500 Bitmain workers dismissed by January 17. Chinese media broke the story last week citing inside...