Trusting a third party with one’s crypto assets is always a risky endeavor. Users of the BT360 wallet service are finding that out the hard way. The Israeli cryptocurrency wallet service provider has shut down in mid-February of 2020. BT360 Needs to Return Funds ASAP Ever since then, a lot […]
Tag: bitcoin
Elon Musk Tweets About a Coronavirus Paper by two Bitcoin Entrepreneurs
Elon Musk has always been a person who is both loved and hated on social media. Some of his recent Tweets related to the coronavirus have gotten him a lot of negative attention, which was to be expected. Some of the Tweets by Elon Musk are simply designed to taunt […]
Institutional Traders Caused the Bitcoin Price Drop, Chainalysis Claims
There are still many theories floating around as to what triggered the recent Bitcoin price drop. It now seems that the reason for this behavior is not what most people had anticipated. Not too many people favor companies such as Chainalysis. No one Wants Institutional Traders for Bitcoin Such companies […]
Are PlusToken Operators Driving Down the Bitcoin Price?
The cryptocurrency markets took a very big dip today for seemingly no apparent reason. Some sources indicate how the PlusToken team may be partially to blame for this sudden development. Several factors tend to combine during tough times like these. What Comes Next for the Bitcoin Price? All major financial […]
The Process of Filing Crypto Taxes in the US is too Complex
Cryptocurrencies and taxes are always considered to be an odd mix. It now seems there is more to this matter than initially assumed, as the concept of crypto taxes is “nightmarish”. Filing one’s crypto taxes is always a bit of a juggling act. The Future of Crypto Taxes in the […]
How to Invest in Precious Metal Industry With Crypto in 2020
Can you invest in the precious metal industry with Bitcoin? What about other cryptocurrencies? The answer to both questions is “Yes”. Since the creation of Bitcoin in 2008, its price has increased. As a result of its increasing value, it has also become accepted as a method of payment. Little […]
pBTC Tokens Grant Bitcoin Holders Access to Ethereum’s DeFi Offerings
Many crypto projects have claimed to be the new Bitcoin or improve upon the existing BTC. Most of those projects fail miserably, although pBTC may be an interesting exception. Through pBTC, one can effectively ask their Bitcoin holdings on the Ethereum blockchain. pBTC for DeFi and dApps It is the […]
Australian Plaintiff can pay Court Fees With a Crypto Exchange Account
The legal status of cryptocurrencies can differ based on one’s region. In Australia, it would appear that Bitcoin is a legal investment vehicle. Those are the findings of Judge Judith Gibson of New South Wales. Using Crypto to pay Legal Fees A bit of an odd statement, as no one […]
Square Notes Another Quarterly Increase in Bitcoin Sales
Gauging the popularity of Bitcoin is no easy feat. It is crucial to look well beyond trading volumes reported by centralized exchanges. Making Bitcoin purchases accessible to US customers has been a smart move by Square. Another big Bitcoin Quarter for Square Since the introduction, the company has noted growth […]
Even in 2020, Warren Buffet Doesn’t Care About Bitcoin
A lot of people are known to publicly oppose Bitcoin and other cryptocurrencies. Warren Buffett still falls into this category, despite having lunch with Justin Sun. Some people are seemingly not made to ever grasp Bitcoin or other cryptocurrencies. Warren Buffett Continues to Dislike Bitcoin That is their prerogative, although […]
Irish Officials Confiscate Over $60 Million in BTC From a Drug Dealer
A lot of criminals flock to Bitcoin due to its perceived anonymity. Most of those people end up in jail eventually, including one Irish drug dealer. On the darknet, Bitcoin is often considered to be a prominent payment method. A Massive Amount of Bitcoin Seized A lot of people think […]
Max Keiser Makes Alex Jones see the Benefit of Bitcoin
Alex Jones is a very interesting individual for a wide variety of reasons. It now seems he has finally come to terms with Bitcoin being a real thing. Many mainstream “influencers” have opposed Bitcoin and altcoins for nearly a full decade. Alex Jones Finally Acknowledges Bitcoin Sooner or later, they […]
Bitcoin Price History – Technical Analysis Showing Bullish Sign From 2015
Bitcoin price has consolidated the last week for the most part with some downside pressure. The last 7 days, Bitcoin price has returned -1.53% as the market shifted towards altcoins. Despite Bitcoin price falling the last week, it should be noted that technicals right now are highly bullish based on […]
The DOJ Claims Every Bitcoin Mixer is a Money Laundering Business
The concept of a Bitcoin mixer has always been somewhat controversial. The recent statements by the US DOJ will only thicken the plot in this particular regard. A few years ago, the Bitcoin mixer landscape was very competitive. Using a Bitcoin Mixer is a Crime in the US Most of […]
US Officials Hint at Extra Regulation for Bitcoin
Various governments are still looking to actively regulate Bitcoin and cryptocurrencies. In the US, it appears that some new proposals aim to achieve that goal. With the Federal Reserve exploring the issuance of a CBDC, regulation isn’t too far behind. More Bitcoin Regulation in the US? What the new rules […]
CME Continues to Showcase its Appreciation for Bitcoin
Most financial institutions have willingly ignored Bitcoin and similar currencies for years. In 2020, most of these banks are suddenly jumping on the bandwagon as if there is no tomorrow. CME Group has been on the fence about Bitcoin for a while. CME is Warming up to Bitcoin Albeit the […]
Point-of-sale Payment Processor Anypay Removes its Bitcoin Payment Option
Bitcoin has not made too many inroads in the payments industry. That is not for a lack of trying, but simply because merchants remain unconvinced about its viability. A recent disclosure by Anypay will not help matters much in this regard either. Anypay Removes the Bitcoin Payment Option Anypay is […]
Altcoins Severely lag Behind Bitcoin in This Latest Bull run
The current cryptocurrency market momentum tends to skew the numbers a bit. Whereas Bitcoin is closing in on its all-time high, the other top markets are not even remotely close. That is only normal, as Bitcoin leads this industry by quite a margin. Altcoins Aren’t Following the Bitcoin Trend yet […]