Month: April 2019

The Ontario town of Innisfil will soon begin accepting digital currencies as payment for its property taxes, starting with Bitcoin. The town of 36,000 people is north of Toronto and south of Barrie, Ont. Its council voted late Tuesday in favour of the one-year cryptocurrency pilot project, in partnership with a Toronto company. Starting in April, Innisfil residents will be able to pay taxes with Bitcoin through a digital wallet operated by Coinberry Pay, which will convert the cryptocurrency to Read more …

XMR.to —  a service that allows users to increase the privacy of their Bitcoin (BTC) transactions by using Monero (XMR) as an intermediary currency — has announced it will not be serving United States-based clients for the time being. The news was revealed in a post from a member of the site’s core team to a Reddit thread on March 30. The brief statement gives little information, indicating only that: “XMR.to will for the time being not be serving customers Read more …

All markets move in cycles, and crypto is no exception. The only major difference is that cycles in this market have been more compressed since Bitcoin is just ten years old. There have been three major cycle peaks so far over the past decade and analysts have been using them to predict the next one. $150,000 BTC by July 2023 The first cycle took 329 days to peak and occurred in 2011 when Bitcoin prices hit a high of just Read more …

Pakistan is implementing new cryptocurrency regulations in an effort to improve its track record fighting financial crime, English-language Pakistani news outlet The Express Tribune reported on April 1. Pakistan, which is seeking to reduce perceived levels of crime such as money laundering and terrorist financing, will now introduce a licensing scheme for electronic money institutions. According to Pakistani news outlet Dunya News, cryptocurrency trading has been banned in the country since April last year. “These regulations will help combating money Read more …

The month on April brings many cryptocurrency conferences for those interested in learning more about the world of digital assets and its underlying technology, blockchain. In today’s article, we have compiles a list of the top conferences which focus on various aspects of cryptocurrencies that are scheduled to take place in April 2019. CoinFest UK 2019 Event date: 04- 06 April 2019 Event location:  Manchester, UK 800 crypto enthusiasts are expected to gather at Manchester’s main conference center. Coinfest will Read more …

Japanese cryptocurrency exchange Coincheck has launched a Bitcoin (BTC) over-the-counter trading desk for large-scale institutional investors. Cointelegraph Japan reported the news on April 1. The Coincheck OTC trading desk will enable clients to directly trade large volumes of Bitcoin — starting from 50 BTC ($207,000 to press time) — between each other using a web interface hosted by Coincheck. Opening hours will be limited to weekdays 10:00-15:00 (JST) and overtime trading and use of the Coincheck app or API trading Read more …

Crypto markets making steady gains; Dash, Monero, and Tezos moving well,  Bitcoin down to 50% dominance. Crypto markets are holding steady and even showing signs of further gains this Monday morning. There was little activity over the weekend but total market capitalization remained at its highest level for a month and has just pushed above $145 billion. Bitcoin’s resistance battle continues as it slowly inches towards critical levels. BTC has just moved towards its highest price over the past 24 Read more …

Despite the 82 percent drop in the valuation of the crypto market in the past year and the inability of bitcoin to recover beyond $4,000 in the past three months, one analyst sees the dominant cryptocurrency surpassing $150,000 by 2023. Josh Rager, a cryptocurrency technical analyst and investor, said that based on the price trend of bitcoin since 2011 and the pattern of bitcoin rebounding from a correction following an all-time high, he sees bitcoin achieving a new peak price Read more …

Bitcoin price jumped higher recently and traded to a new weekly high above $4,140 against the US Dollar. The price traded as high as $4,142 and it is currently consolidating gains above key supports. There is a new contracting triangle forming with support near $4,100 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could decline in the short term, but it remains supported near $4,100 and $4,050. Bitcoin price is trading with a strong Read more …

The crypto space exploded in 2017, spreading awareness about digital coins around the world. But, even so, there are still a lot of false assumptions and myths about digital currencies that managed to stick around thanks to mainstream media. People often tend to believe what they read, especially if the source is a big, trusted media website. They end up believing in false facts, without bothering to check their legitimacy, which leads to creating an entirely false image. As for Read more …

The total crypto market cap is gaining traction and it is about to break the $140.0B resistance area. EOS price is placed nicely above the $4.10 and $4.20 support levels, with a positive bias. Bitcoin cash price may soon make an attempt to clear the $170 resistance area. Tron (TRX) price is likely to face a strong selling interest near the $0.0240 resistance. Cardano (ADA) price settled above the $0.0700 level and it may accelerate further above $0.0720. The crypto Read more …

Here’s what happened this week in Bitcoin in 99 seconds.  Wuabit crypto wallet will be accessible within WhatsApp. Bitcoin will be supported at launch, with altcoins set to follow. The wallet uses a simple and intuitive chat interface for transactions. This wallet has the potential to boost adoption, as WhatsApp has over a billion users. Major Bitcoin investor, Tim Draper, met with Argentinian president, Mauricio Macri to discuss monetary matters. Draper bet Macri that Bitcoin will increase in value Read more …