Despite being around for over a decade, using cryptocurrencies remains a complex procedure for most people on this planet. One potential solution comes in the form of using official Handles, although privacy advocates don’t favor that approach by any means. Sending or receiving cryptocurrency payments is not straightforward for most […]
Tag: bitcoin
Pnxbet Player Scoops Up $300,000 during live Baccarat from Just 3,000 Philippine Peso Deposit
Casino players are turning to online games during this time of uncertainties, as people continue to stay at home, unable to visit physical casinos. Despite the ongoing coronavirus pandemic crisis which has brought the world and its economy to its knees, gamblers are still placing their bets, turning the wheel […]
Binance Unveils its Bitcoin Mining Pool project
One often heard comment is how cryptocurrency mining is far too centralized in this day and age. While that may indeed be the case, it seems as if Binance wants to get in on the action regardless. Adding more Bitcoin mining pools to the overall ecosystem can only be a […]
Value Transferred Volume on Bitcoin and Ethereum is Virtually Identical
The success and usability of a cryptocurrency network can be determined in different ways. One option is to look at the average value transferred. If that becomes the go-metric, Bitcoin and Ethereum are neck-in-neck all of a sudden. Ethereum Matches Bitcoin in Value Transferred This is a very surprising trend, […]
Bitcoin Might not Turn Bullish until After the Coronavirus Crisis
There are still many questions regarding the future of Bitcoin once the coronavirus crisis is over. deVere Group CEO Nigel Green expects big things and plenty of positive momentum. Financial uncertainty remains in place all over the world. Nigel Green Expects Bitcoin Action After the Coronavirus Crisis Any financial market […]
OKEx Sustains Derivatives Market Growth and Becomes the new Global Leader
Cryptocurrency derivatives trading is gathering interest from all over the world. Last month has proven to be an excellent month volume-wise, with OKEx coming out on top, noting successful growth for the third month in a row. Derivatives Trading Volume Spike The year 2020 has been off to a great […]
With Over 7,000 Projects, When are There too many Cryptocurrencies?
There has never been a lack of effort or projects in the cryptocurrency space. According to statistics by CoinGecko, over 7,000 cryptocurrencies are in circulation today, most of which will never amount to anything. Bitcoin remains the dominant cryptocurrency, for obvious reasons. Too Many Cryptocurrencies Exist Today There is ample […]
Coronavirus Crisis Highlights the Importance of Crypto Payments on Porn Sites
It is a well-known fact that the coronavirus crisis is beneficial to porn sites. While the production of new content may be slowing down, the sites themselves – especially those accepting cryptocurrencies – see a notable uptick in volume. When people are forced to stay at home, they begin looking […]
Crypto Users Demand Their Funds Back From BT360
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 […]
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 […]