On Friday, Vladimir Putin, Russia’s president, signed one of the two digital assets bills into law, Russian media outlet RIA reports. The new law was passed by Russia’s parliament, Duma, last week and states that firms can provide virtual securities on blockchain platforms provided they are well registered with the country’s central bank, Read more…
In addition to all the positive news surrounding the crypto markets, 2020 might become the last year Bitcoin is ever valued at under $10k as shall be explained. According to Bitcoin analysis done by Timothy Peterson of Cane Island Alternative Advisors, BTC’s value can be modeled using Metcalfe’s law. As earlier Read more…
Bayesian trader Peter Brandt has said Bitcoin is ready to see a gigantic growth, and the leading cryptocurrency would hit a new all-time high and then rise to $50,000. The commodity trader made the assertion at the time Bitcoin first tested the $10,000 resistance level and went below the mark Read more…
The key cryptocurrency pairs collectively opened higher and then strengthened to start the new week. Bitcoin (BTCUSD) broke the 10,000 mark four times and recorded 10,200, for an intraday increase of more than 3%; Ethereum (ETHUSD) opened higher at 310.01 and recorded a rise of more than 5% to 326.60; Litecoin (LTCUSD) opened higher at 46.93 and rose Read more…
Protecting one’s privacy with Bitcoin doesn’t come easy. The Bitcoin Blockchain permanently records and displays all transactions publicly, this makes it possible for almost anyone to track and view your transaction details for any wallet address. This was the case with the nefarious hackers who infiltrated Bitfinex and led the infamous hack Read more…
A US federal court ruled that Bitcoin is a form of “money” covered under the District of Columbia’s (D.C.) Money Transmitter Act. The conclusion is part of a criminal action involving the U.S. versus Larry Dean Harmon, who operated a Bitcoin mixing platform. U.S. Court Regards Bitcoin as Money in Read more…
Bitcoin price is up by more than $400 since a mid-week spike took the top cryptocurrency above $9,600. The breakout meant Bitcoin’s price had for the first time in nearly a month broken out of its Bollinger Bands squeeze. Although the past 24 hours have seen bulls struggle to break beyond Read more…
Bitcoin price held steady on Friday despite correcting below $9,600 following a supersonic rally yesterday. The benchmark cryptocurrency established a quarter-to-date top at $9,686 as bids for safe-haven assets, including gold, picked momentum against rising unemployment claims, and US-China geopolitical tensions. The jump later prompted daytraders to secure their short-term profits Read more…
The national banks can from now provide crypto custody services. “From safe-deposit boxes to virtual vaults, we must ensure banks can meet the financial services needs of their customers today,” said Acting Comptroller of the Currency Brian Brooks, who previously served as the chief legal officer for crypto exchange Coinbase, Read more…
Apple co-founder Steve Wozniak is going after YouTube for failing to control a Bitcoin “giveaway” scam. He alleges the scam has cost investors “tens of millions” of dollars. The filing alleges YouTube is actively profiting from promoting such scams. Apple co-founder Steve Wozniak and 17 other individuals are suing YouTube Read more…