A gang of youngsters, who thought they could make a quick buck by posing as Bitcoin traders and robbing businessmen, have been arrested by the Delhi police. Modus operandi A group of six people who posed as Bitcoin traders and robbed a businessman of INR 3.6 mln ($55,000) have been arrested by the police in Delhi, the capital of India. The businessman had earlier registered his personal details on LocalBitcoins.com. He received a call from a woman, who introduced herself Read more …
We live in crazy times, don’t we? Bitcoin, a digital currency, founded in 2009 — and which, as the name suggests, is an electronic currency and cannot be held in a physical wallet — is just about the most valuable “currency” in the world and it has been so for a few years now. Given the circumstances, it’s only normal to question the credibility of Bitcoin. Because who, in the real world, actually believes that an electronic currency, created just Read more …
The Artemine platform has continued to gain public momentum during its ICO phase which began on Sep. 14 and will end on Oct. 14. The second platform from revolutionary Minereum (MNE), Artemine has attracted a substantial following as a smart contract mining technology with other benefits and features for its users. The ICO has garnered substantial interest, and Artemine has already received half a million MNE tokens (worth approximately $1 mln) which is nearly half the extant supply. All the MNE received Read more …
Emerging Markets According to various reports, the African country of Zimbabwe is suffering from severe economic hardships similar to the inflation and currency crisis in Venezuela. Furthermore, demand for bitcoin is skyrocketing as the country’s only exchange is seeing bitcoin trades at US$6150 per BTC at the time of writing. Also Read: Increased South African Bitcoin Adoption Highlights Need For Taxation Clarity Economic Hardship Causes Bitcoin Prices to Soar on Zimbabwe’s Trading Platform Bitcoinfundi Bitcoinfundi prices on Read more …
Jacek Czarnecki is a lawyer specializing in blockchain technology and a general counsel at Neufund. In this opinion piece, he explains why his profession should play a critical role in the growth and maturation of the ICO market. Recently, I set out to analyze the terms of various initial coin offerings (ICOs), aggregate the results and make them public. This was harder than I expected. It turns out that very often ICO terms and conditions are not publicly available immediately Read more …
As a result of the implementation of stronger regulatory measures, the Japanese Financial Supervisory Authority has now issued an official license to act in the Asian country for 11 crypto exchanges. As reported earlier this week, Japan is planning to take a closer look at the trading of cryptos from next month. The basis for this is a law on regulation, which should primarily protect against the misuse of digital currencies, such as money laundering activities. In addition, the Know-Your-Customer-Principle Read more …
CLOSE Take a look at the Rochester Hills home being sold by rap star Eminem. Elissa Robinson/DFP Eminem at the Palace of Auburn Hills, Oct. 29, 2000. Photo by Amy E. Powers/Special to the Free Press.(Photo: Amy E. Powers, Special to the Free Presss) Daring to dream big is part of the deal these days when it comes to pitching a piece of the action on everything from Eminem to Bitcoin. But before you start seeing dollar signs, know the big Read more …
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Hal Robson-Kanu, English Premier League and Wales national team player, recently joined the ranks of investors of the Sandcoin project. Apparently, the sportsman is familiar with cryptocurrency and similar asset markets and monitors it regularly. This Read more …
Featured The unrecognized territory of Transnistria is reported to be seeking investment from Russian mining entrepreneurs to establish bitcoin mining farms, according to Russian news outlet Lenta. The report suggests that the territory hopes to enter the industrial cryptocurrency mining industry. Also Read: Crypto Mining “More Profitable Than Drugs and Arms Trafficking” in Russia Transnistria Is Hoping to Capitalize Upon Its Abundance of Cheap Power in Order to Attract Bitcoin Mining Investment The Russian media outlet Lenta has Read more …
Key Points Bitcoin cash price failed to remain above the $500 level against the US Dollar, and traded below $450. There are two bearish trend lines forming with resistance at $450 on the 4-hours chart of BCH/USD (data feed from Kraken). The pair needs to break the $450 level in order to gain traction towards $500 and higher. Bitcoin cash price is struggling to remain above $500 against the US Dollar. BCH/USD is correcting lower with resistance on the upside Read more …
Key Highlights ETH price moved to and fro above the $250 level this past week against the US Dollar. There is a crucial ascending channel forming with support at $282 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might correct a few points towards $285-280, but it remains supported on the downside. Ethereum price is slowly moving higher against the US Dollar, but declined versus Bitcoin. ETH/USD is showing positive signs, but buyers need to gain Read more …
Key Points Bitcoin price has recovered well and broke the $4000 resistance against the US Dollar. There is a crucial ascending channel forming with support at $4250 on the 4-hours chart of BTC/USD (data feed from SimpleFX). The pair is gaining momentum and about to break the $4350 resistance. Bitcoin price is back in the bullish zone above $4000 against the US Dollar. BTC/USD might gain pace and could soon break $4400. Bitcoin Price Support It was a good week Read more …