BREAKING: George Bush’s Son Received $300K From OneCoin Scammer ( 11/16/2019 - 12:27pm
Neil Bush, son of former US President George H. W. Bush, was paid $300,000 by Ruja Ignatova for attending a meeting related to her fraudulent cryptocurrency known as OneCoin, according to law360 , citing a failed subpoena bid. Former Locke Lord Attorney Misled by Bush’s Connection with OneCoin Mark Scott, a former attorney at international firm...,, BROTHER, Bulgaria, Cash, Cryptocurrency, Danger, Defense, Fraud, Hong Kong, Important People, International..., Laundering, Legal Developments, Madagascar, OneCoin, Option, Ponzi Scheme, Scam, Spy Grid
IRS Voices Concerns Over Crypto Kiosks and ATMs ( 11/16/2019 - 7:26am
The IRS has announced that it is investigating crypto kiosks and ATMs with concerns regarding tax evasions, as well as the possibility of money laundering, controlled substance purchase, and similar crimes. Crypto ATMs and kiosks have become an increasingly popular method of purchasing cryptocurrencies, as well as withdrawing funds among the...
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Tether Fights Back, Dismisses Weak Lawsuits ( 11/16/2019 - 3:50am
The company behind the dominant stablecoin , Tether, has just notified the US District Court in New York’s Southern District of its intent to file a motion to dismiss its outstanding lawsuits. Tether (USDT) is the world’s largest stablecoin, but also one that has faced controversy, accusations of manipulation, centralization, and more. The company...
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Will China Adopt Blockchain for its Social Credit System? ( 11/15/2019 - 1:00pm
They said blockchain would bring freedom by challenging world governments and greedy financial institutions. But what if blockchain is the ideal tool to enable totalitarianism? What if China Moves its Social Credit System to Blockchain? A few weeks ago, Chinese President Xi Jinping surprised the world by calling blockchain an important...,, Blockchain, Case, China, Digital Currency, Distributed, Distributed Ledger, Distributed Ledger Technology (DLT), Germany, Immutable, Ledger, Ledger, Network, Option, Speech, Yuan
Bitcoin SV Miners Forced to HODL, Crypto Fund CIO Says ( 11/15/2019 - 12:27pm
Recent data reveals that BSV miners are increasingly holding their block rewards as opposed to selling them on the market. Some argue that this is the result of a decreasing demand for the asset. Celebrating 1 Year Anniversary Bitcoin SV celebrates it’s first year of mining today, since hard-forking from Bitcoin Cash and striking out to become the...
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Bitcoin Network Spammed by One-Satoshi Transactions ( 11/15/2019 - 7:52am
The Bitcoin (BTC) mempool is getting filled with small transactions, with very low value, clogging up the network. The backlog quickly piled up, lifting the mempool to around 90,000 pending transactions. Satoshi Transactions May Wait to be Cleared for Hours The Bitcoin network is working as usual, as the small-scale transfers of “dust” amounts of...
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4 Things You Probably Don’t Know About Bitcoin Gold ( 11/15/2019 - 7:00am
So you know that Bitcoin fork from back in 2017? The one that was designed to fight the Bitmain monopoly by being ASIC-resistant? Well here are a few things you probably don’t know about Bitcoin Gold right now. Bitcoin Gold (BTG) was a top-five coin by market cap back in the day, believe it or not. So why did it tank its way down 40th place, and...
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Bitcoin Price at ‘Huge Risk’ of Crashing to $7,300 ( 11/15/2019 - 5:24am
A recent prediction by veteran trader, Elixium, warns that Bitcoin is at a major risk of seeing yet another price crash. This time, towards the $7,300 level if bulls don’t push back soon. Bitcoin’s performance in the first half of 2019 brought back a lot of investors with fresh optimism that crypto winter had passed. Bitcoin price finally peaked...
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IRS Refunds Tax-Paying Crypto Users ( 11/15/2019 - 3:42am
The Internal Revenue Service (IRS) has sent refunds to crypto users who had correctly reported their taxes with proof of trades and transactions. The matter of cryptocurrency-related taxes has been a major question within the US for a few years now. While the country continues to operate without any crypto regulations — or a hint that such...,, CoinTracker, Crypto, Cryptocurrency
XRP Down 16% Since Swell, Can Price Recover? ( 11/14/2019 - 12:13pm
Ripple’s XRP not only failed to rally during the highly anticipated Swell conference this year, but actually sank by 16% shortly after. But can the price recover, or will see the asset slump even further? XRP Eyes $0.25 in Current Trend The XRP market price is among the few to mark double-digit drop since the start of 2019, extending the losses to...
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OKEx Expands Derivatives Line With Tether-Margined Bitcoin Futures ( 11/14/2019 - 12:00pm
Malta-based, OKEx, which describes itself as ‘the world’s largest futures cryptocurrency exchange’, has just expanded its product offering, to include Tether-Margined Bitcoin Futures. The launch follows a successful simulation period, which began on Nov 5. Advantages Of Using Tether The new BTC/USDT futures product is a virtual derivative, quoted...
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Cardano vs EOS: Who is Really ‘Superior’? ( 11/14/2019 - 10:50am
Weiss Ratings surprised and divided the crypto community, by stating Cardano (ADA) is a project superior to EOS. This is a far cry from China’s belief, who still ranks EOS as #1 on its CCID ranking while Cardano sits way down at #31. Weiss Crypto Ratings Bullish on Cardano Weiss Crypto Ratings admitted that ADA is yet to be used for its intended...
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Ethereum (ETH) Volatility Nears All-Time Low ( 11/14/2019 - 9:55am
Ethereum (ETH) is closing in on the smallest volatility of all times, show recent trading data. For the past few months, ETH has traded in a tight range, with a relatively predictable price. ETH Prices Stabilize Below $200 Based on Skew analysis, the price of ETH has budged little, with the volatility index at 1.73%. Ether volatility – getting...
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World’s Largest Army Could Be Rewarded in Crypto Soon ( 11/14/2019 - 7:51am
A few weeks after Chinese President Xi Jinping praised blockchain, a local military newspaper hinted that Chinese soldiers could be rewarded in crypto for their loyalty and good performance. Chinese Soldiers Might Get Rewards in Crypto The South China Morning Post cited PLA Daily, the official newspaper of the People’s Liberation Army, as saying...,, Blockchain, Case, China, Crypto, Distributed, Distributed Ledger, Distributed Ledger Technology (DLT), Hacking, India, Innovations, Ledger, Ledger, Token
Canaan Mining May Settle for Modest $100M IPO ( 11/14/2019 - 7:30am
Canaan Mining’s IPO in New York may raise only $100 million, at least based on recent edits to the prospectus. The company will aim to list on NASDAQ and become the first Chinese mining equipment producer to trade as a public stock. Canaan May Reflect Worsened Sentiment About Crypto Investments Just days after Canaan scheduled the IPO deadline for...
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Coinbase Joins Regal Assets to Offer Insured Crypto IRAs ( 11/14/2019 - 7:00am
Regal Assets, an alternative investments firm, partnered with custodian Kingdom Trust and crypto exchange Coinbase to develop and provide a fully insured Bitcoin and cryptocurrency individual retirement accounts (IRA) in the US. Coinbase Steps Into Crypto IRAs Bitcoin and crypto IRAs aren’t a novelty in the US, but the trio wants to take this...
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Bitcoin vs DeFi: Which Was Most Profitable This Year? ( 11/14/2019 - 5:00am
Decentralized finance, or DeFi, has come a long way this year. Bitcoin has also made a remarkable recovery from the depths of crypto winter this time a year ago. But which one would be better for long term gains? BITCOIN vs DEFI For the uninitiated DeFi is the system of staking crypto collateral in a decentralized smart contract governed lending...
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FED Prints 12.7 Million Bitcoin Worth as Repo Bailout Intensifies ( 11/14/2019 - 4:30am
The financial dominoes are stacked and seem ready to fall. US Federal Reserve banking bailouts are intensifying as the central bank adds the equivalent of 12.7 million bitcoin to the financial system this week. YOU CAN’T PRINT BITCOIN The New York FED added a whopping $111.9 billion to financial markets this week which is the equivalent of 12.7...
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Telegram Denies Almost Everything in Latest Court Response ( 11/14/2019 - 3:42am
Telegram finally responds to the US SEC’s complaint about its ICO, which the US regulator believes to be illegal by denying all allegations. Telegram, a company behind one of the most popular messaging apps by the same name, became a topic of controversy somewhat recently. The matter revolves around its cryptocurrency project, Telegram Open...,, Cryptocurrency, Exchange, ICO, ICOS, Long, Network, Telegram Open Network, Telegram Open Network, Token, United States
Bitcoin Trading Surges as Malaysia Mulls Cash Payment Limit ( 11/13/2019 - 3:13pm
The peer-to-peer trade volumes of bitcoin spiked in Malaysia as their central bank discussed the prospects of capping cash transactions. The Central Bank of Malaysia announced this week that it is going to introduce a cash transaction limit of RM25,000 (~$6,000) starting next year. Deputy Governor Datuk Abdul Rasheed Ghaffour said all transactions...
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Craig Wright Predicted Bitcoin, Litecoin Should Be Dead By Now ( 11/13/2019 - 11:15am
Craig Wright, self-proclaimed creator of Bitcoin (BTC) is no stranger to controversial statements. But his prediction made this time last year certainly stands out as one of his biggest claims. November 2019 Was Supposed to Be the End Back in November 2018, Wright stated in a rather cryptic manner that he had information which would essentially...
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Ripple Vs. PayPal Supporters Spark Debate on Twitter ( 11/13/2019 - 10:51am
Twitter community members are arguing about which international payment system is better – Ripple or PayPal. Is Ripple Slower than PayPal? The argument started with a tweet from Tony Vays, a derivatives traders and host of a crypto-related podcast and dedicated events. He indirectly criticized Ripple for being too slow by comparing it to PayPal, a...
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Bitcoin Bull Run Due Next Week According To Difficulty Adjustment ( 11/13/2019 - 9:02am
Stock-to-Flow (S2F) proponent , PlanB, has been extending his analysis into Bitcoin difficulty adjustments. Predicting an estimated +4% adjustment due next week, following a large drop in difficulty last week, he suggests there is only one way for BTC price to go next. First Round Analysis In an early tweet yesterday, PlanB posted a chart of 7...
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Bitcoin Price to Outpace S&P 500 Next Year, Say 168 Financial Experts ( 11/13/2019 - 6:48am
Bitcoin (BTC) will most likely perform better than the S&P 500 stock index, believe nearly half of the 350 financial professionals polled by Chainalysis. Volatility Undermines Gains Potential Despite short-term volatility, Bitcoin will be the most promising asset class in the coming year, believe financial experts in a Chainalysis poll . The...
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CFTC Chairman: America should Lead the Blockchain Space ( 11/13/2019 - 4:30am
The CFTC (Commodity Futures Trading Commission) Chairman, Heath Tarbert, wishes that the US would take a more active role in the cryptocurrency/blockchain space, although he recognizes that the industry lacks clarity. The CFTC’s Heath Tarbert attended a conference this Tuesday, sharing his views on the state of the crypto/blockchain industry in...
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Why 99% Of All Crypto Assets Are Not Investment Worthy ( 11/13/2019 - 4:00am
There are many factors when determining what makes a good investment in the crypto market. Liquidity is one, whether day trading or looking for longer term gains. Recent findings however reveal that only a very few cryptocurrencies have any measurable liquidity. Only 40 Crypto Assets Have Significant Volume Back in 2017 when the crypto bubble was...
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TRON Will Flip Ethereum Next Year, Bitcoin Developer Calls ( 11/13/2019 - 3:30am
Bitcoin developer, known as Udi Wertheimer, recently announced his predictions for the future of Ethereum and Tron, stating his opinion that TRON will overcome Ethereum in about a year or so. Ethereum is the second-largest cryptocurrency by market cap, and has been one of the most important crypto projects to ever be invented. It brought about the...
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Anonymity in China’s Crypto Yuan is Bad News for US Lawmakers ( 11/13/2019 - 12:53am
While the US drags its regulatory feet and gets bamboozled by bureaucracy, China forges ahead and could launch its own digital currency within a few months. Crypto Yuan Nearing According to a central bank official, China’s planned crypto yuan is not all about spying on its citizens. The world’s financial regulators are all casting eyes towards the...
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ETH/BTC Ready To Print New High, Veteran Trader Says ( 11/12/2019 - 2:40pm
Ethereum blockchain’s native asset, ETH, is about to establish fresh highs against rival Bitcoin, believes avid crypto trader, Elixium. ETH Breaks Away From BTC The popular cryptocurrency analyst said in a tweet today that the ETH/BTC trading pair is looking stronger ever since the quoted asset Bitcoin has started underperforming. The benchmark...
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South Korean Crypto Exchange CEO Jailed For 16 Years ( 11/12/2019 - 1:00pm
Senior executives at a South Korean crypto exchange have been indicted in connection with a $386 million investment fraud. The news marks yet another drastic action taken by authorities in the country against cryptocurrency exchanges. Eight Crypto Exchange Execs Indicted for Fraud According to Yonhap News , a court in Seoul on Monday (November 11...,, Cash, CEO, Crypto, Cryptocurrency, Danger, Exchange, Fraud, Important People, KYC, Ponzi Scheme, Scam, SIX, South Korea
IBM: Central Banks Will Launch Digital Currencies Within 5 Years ( 11/12/2019 - 12:43pm
Under the fear of potentially losing monetary control, several central banks are focusing on developing and issuing a cryptocurrency. Indeed, according to an IBM-commissioned report, a central bank digital currency (CBDC) could be ready for consumers’ use within the next 5 years. IBM Sees Serious Future For CBDC’s The OMFIF-IBM report entitled “...
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3 Reasons Why NEO is Surging Right Now ( 11/12/2019 - 12:28pm
NEO price has reawakened again, rising to above $12 counter to the trend of Bitcoin (BTC) and other altcoins. This is the second significant run for the project following the recent announcement that China was taking a more lenient policy on crypto assets and planning new legislation in 2020. NEO rose to $12.14, growing by more than 9% as of 2:13...
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Tether Transfers Outpace Ethereum on its Own Network ( 11/12/2019 - 9:26am
The Ethereum network now carries more 2-3x more Tether in its ERC-20 form than the native ETH asset. The reason for this is record-high activity of the new type of stablecoin, as demand for arbitrage and the movement of funds continues to grow significantly. Tether Takes Over as Leading Smart Contract The value of on-chain $USDT transfers on...
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Bitcoin 90-Day Volume Breaks Bullish Above Peak 2017 Levels ( 11/12/2019 - 6:30am
The Bitcoin market has recently surpassed the activity levels of late 2017, when BTC started its historical rally that shot prices to an all-time high above $19,900. Futures Markets Take Over Spot Trading This time, the BTC market has made a complete recovery from the low volumes in January. The biggest boost comes from the newly launched futures...
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Google Collects US Patient Data in Secret, Another Call For Blockchain ( 11/12/2019 - 6:00am
New reports indicate that Google has been secretly collecting US patients’ data from over 2,600 hospitals in order to train its new AI project. Codename ‘Project Nightingale’ A recent report published by The Wall Street Journal indicates that Google has been collecting medical data on millions of US citizens through something known as the ‘Project...,, Blockchain, Carry, Mainstream Media, Market, Medibloc, Medicalchain, MediShares
Talking Bitcoin on a First Date: What Women Say ( 11/12/2019 - 6:00am
Some women, like Jessica Huseman, hate bitcoin so much that if the word was even mentioned on a first date, the guy wouldn’t get a second. But how do women really feel about Bitcoin? Jessica Huseman Causes a Tweet Storm Jessica Huseman, caused a tweetstorm when she gave out some unsolicited advice to her female followers. All I’m saying ladies is...
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Twitter CEO Sets Sight on African Bitcoin Market ( 11/12/2019 - 5:30am
Twitter and Square chief, Jack Dorsey, is meeting with African tech entrepreneurs as the bitcoin bull sets sight on the continent’s growing crypto industry. Twitter CEO Heads to Africa Dorsey is currently in Ghana after spending a few days in Nigeria meeting with tech entrepreneurs. Part of his visit has included mini bitcoin meetups with...
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Is Ethereum DeFi the Answer to the Global Debt Crisis? ( 11/12/2019 - 5:00am
The economic and financial news this year has been grim to say the least. As central banks battle to keep their monetary systems afloat, global debt is skyrocketing to an unsustainable level. A massive paradigm shift is needed and Ethereum could be part of it. Flawed Fiat = Galloping Debt All signals are pointing to the premise that we are in the...
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Is Chinese Bitcoin Mining Firm Canaan’s $400M IPO a Desperate Move? ( 11/12/2019 - 3:42am
Chinese bitcoin mining hardware maker, Canaan, plans to raise $400 million through public sale of its stocks. But will the IPO ride be smooth or bumpy? Volatility is usual for bitcoin and crypto market participants. However, traditional stock market traders and investors are used to a bit more stability when it comes to their investments. The $400...
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Bitcoin Demand Model Reveals a ‘Clear Growth Trend’ (Since 2011) ( 11/11/2019 - 1:00pm
The overall chart of Bitcoin demand has shown a clear growth trend, with demand in dollar terms increasing by 2.2 times each year. BTC Demand May Become Self-Fulfilling Prophecy The big mystery for Bitcoin is whether the reward halving would cause a significant price rally. Skeptics see the possibility as rather distant. Attached a slightly...
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Bakkt Bitcoin Custody Now Available to all Institutional Clients ( 11/11/2019 - 11:43am
Bakkt joins the field of institutional-grade bitcoin custody service providers after obtaining approval from regulators in New York. Meanwhile, the Bitcoin futures product launched by the Intercontinental Exchange (ICE) subsidiary continues to set new records . Bakkt Warehouse Obtains NYDFS Green Light Bakkt COO Adam White announced the news via a...
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Canadian Stablecoin CUSD Officially Launched by BVCI ( 11/11/2019 - 9:13am
A stablecoin pegged to the US dollar, but aimed at the Canadian market, has been officially launched by Blockchain Venture Capital, Inc. CUSD Combines US Dollar Backing with Canadian Demand CUSD is the newest fiat-based stablecoin backed by the greenback, and secured by a US-based banking institution. New coins are only issued corresponding to...
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Blockchain Spending in China to Exceed $2 Billion by 2023 ( 11/11/2019 - 8:30am
China’s blockchain spending is expected to see rapid growth in the next three years and exceed the $2 billion figure by the end of 2023, according to a report carried out by market intelligence firm IDC. IDC Data Confirms China’s Blockchain Plan The IDC report comes shortly after Chinese President Xi Jinping himself endorsed the distributed ledger...
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Do Bitcoin Miners Influence BTC Price Action? ( 11/11/2019 - 8:00am
Recent research has taken a closer look into bitcoin prices and miner flows to crypto exchanges. There have been clear spikes as expected when larger mining pools liquidate but the correlation is not as strong as many would expect. This would suggest there is more hodling going on this year. Do Bitcoin Mining Pools Impact Prices? Naturally, when a...
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Argo Blockchain Now Employs 7,000 Crypto Mining Machines ( 11/11/2019 - 6:19am
Argo Blockchain, increased the number of its crypto mining machines to 7,000, with plans to add additional 10,000 machines in 2020. Argo to Increase Crypto Mining Machines by 10,000 The crypto mining industry saw a surge in interest due to recovering prices in 2019, with many of the miners who previously left the industry making a comeback. Crypto...
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Bitcoin is Speculation and Not Future of Money, Ex-ECB Chief Says ( 11/11/2019 - 5:36am
Jean-Claude Trichet, former president of the European Central Bank (ECB), said that he was strongly against Bitcoin and hinted that cryptocurrency purchases are no more than speculation, South China Morning Post reported on Sunday. Bitcoin is Not Real Speaking at the Caixin’s 10th annual conference in Beijing, Trichet said he was doubtful that...
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Mastercard Announces ‘Fintech Express’ In Asia-Pacific Region ( 11/11/2019 - 4:19am
Mastercard proudly announced its new ‘FinTech Express’ platform at the Singapore FinTech Festival. In an interview with Bloomberg , Mastercard Asia Pacific Co-President, Ari Sarker discussed the platform, and also gave some insight into Mastercard’s withdrawal from the Libra Association. Doesn’t Quite Live Up To The Billing Sarker’s portrayal of...,, Important People, Libra, Platform, Singapore
Bitcoin Headlines to Millions in Chinese State Daily ( 11/11/2019 - 12:12am
This morning bitcoin was making the headlines in a Chinese state newspaper as the bullish momentum gathers pace in Beijing’s blockchain drive. Bitcoin On The Front Page Reports are circulating on crypto twitter that Monday’s edition of the official state-run publication of the People’s Republic of China, Xinhua, featured an article titled ‘Bitcoin...
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Sunday Digest: Bitcoin Price And Other News ( 11/10/2019 - 1:32pm
Japan celebrated the enthronement of its new emperor, Naruhito, with a festival in Tokyo on Saturday. It is not yet known whether the new emperor owns any bitcoin. Bitcoin Price: Consolidation And Retracement A week of consolidation for BTC price this week, whilst people were still arguing over what caused the ‘Xi’ pump of two weeks ago. Outflows...
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