Month: June 2019

Bankers, government officials, and regulators all over the world are feeling increasingly alarmed by the disruptive capabilities of Bitcoin, cryptocurrencies and blockchain technology. Facebook’s recently launched “cryptocurrency”, Libra, is the latest cause of fury, angst, and fear amongst regulatory bodies. Regulators Concerned Over Crypto Growth Threatened by the growing adoption of Bitcoin and other cryptocurrencies, governments and bankers are asking for more regulations and stricter scrutiny over crypto assets. Especially, after Facebook’s announcement of plans to issue their digital coin Read more …

Bitcoin has been experiencing some incredibly positive price action over the past few months, but what started out at consistent, steady gains quickly changed into massive volatility after BTC began moving parabolically, which ultimately resulted in the crypto losing its momentum and plummeting from its recent highs. Now, it appears that Bitcoin has entered a period of consolidation, bouncing between the upper $10,000 region and the lower $12,000 region. Importantly, one analyst believes BTC’s current consolidation trend could result in Read more …

Another week, another round of Crypto Tidbits. Wow, what a crazy week it’s been for Bitcoin (BTC). Not only was the market absolutely absurd, with BTC finding itself riding on a proverbial rollercoaster, but so was the underlying industry. Related Reading: Analyst: Bitcoin is Still in a Clear Uptrend Despite Recent Crash; is a Move Towards $20k Imminent? Over the past seven days, we’ve seen everything really: Bitcoin up 20% in a day’s time, a $2,000 crash in minutes, and Read more …

Bitcoin (BTC) up 19.3 percent China changing its wordings on Bitcoin Steadfast as they are, Bitcoin bulls could get a shot in the arm in days ahead. That’s albeit news of Bitcoin mining gear seizure in Iran. So far, BTC prices are stable and may thrash predictions if there is a surge past $13,300. Bitcoin Price Analysis Fundamentals After a mostly successful week, there is a predictable correction. Mild as it is, Bitcoin bulls are resilient, rejecting attempts of lower Read more …

Forced to spend the rest of his days in a cage, Ross Ulbricht has recounted his situation in a letter, which explains how he’s spent more than 2,096 days in a U.S. federal penitentiary for running a website. Also Read: Bitcoin ‘Inventor’ Craig Wright Claims He Can’t Access Coins in Court Testimony Ross Ulbricht Reflects on 2,000 Days Behind Bars The letter from Ulbricht shows the world how skewed the justice system is when a cage is literally the answer Read more …

Tron (TRX) steady and bullish above 3.1 cents The Tron Foundation plans to buyback TRX After announcing a buyback plan, Justin Sun is confident TRX will dominate charts in July. In the same month, he will have lunch with Warren Buffet. At the time of writing, TRX is stable above 3.1 cents. Tron Price Analysis Fundamentals The smart contracting and the idea of asset tokenization is a gold mine. Undoubtedly, it opens doors for enterprising investors, melting borders. Through globalization, Read more …

Ripple (XRP) prices down 6.4 percent Money Tap welcome more banks as Bitrue lose $4.2 million Noticeably, the altcoin season is far from impressive. XRP is under pressure and liquidating encouragingly above support levels. Good news is that fundamentals are solid. Bullishly, Money Tap, which use xCurrent, replaced Resona Group with seven more Japanese banks meaning there is demand for Ripple’s solutions in South East Asia. Ripple Price Analysis Fundamentals The buzz around the so-called “altcoin season” is dying off. Read more …

Bitcoin bulls are spreading fake news about a golden asteroid that will make every earthling a billionaire, says Peter Schiff of Euro Pacific Capital. The chief executive officer said on Saturday that 16 Psyche, one of the ten most cumbersome asteroids in the asteroid belt, does not necessarily have gold deposits, as being covered by international media outlets. Schiff stated that the psyche’s composition is similar to that of the earth’s core, adding that it could contain a whole amount Read more …

On June 28, Craig Wright, the Australian native who claims to be Satoshi Nakamoto, spent the day in a Florida court battling with the Kleiman attorney. Wright became emotional when he told the court that he designed the network but didn’t like how it turned out. At one point he told the court he was “ashamed of his invention.” Also Read: These Are 2019’s Biggest Cryptocurrency Winners and Losers so Far The Alleged Blind Trust Setup Makes It Difficult for Read more …

On June 28, Craig Wright, the Australian native who claims to be Satoshi Nakamoto, spent the day in a Florida court battling with the Kleiman attorney. Wright became emotional when he told the court that he designed the network but didn’t like how it turned out. At one point he told the court he was “ashamed of his invention.” Also Read: These Are 2019’s Biggest Cryptocurrency Winners and Losers so Far The Alleged Blind Trust Setup Makes It Difficult for Read more …

Self-proclaimed Bitcoin ‘inventor’, Craig Wright, was giving a testimony yesterday to explain why he can’t produce the public addresses of the bitcoin he has mined. Fortunately, law reporter, Carolina Bolado, was there to tweet progress as it happened. The Wright Side Of The Story Wright was in court as defendant in the case brought by the estate of Dave Kleiman, over the alleged theft of 1 million bitcoin. The bitcoin in question was supposedly mined by Kleiman and Wright in Read more …

Mainstream media has been far from complimentary about bitcoin and cryptocurrencies in recent years. The vitriol and FUD makes headlines but it is largely based on ignorance of the technology and its ethos. Industry giant Bloomberg may finally be warming to bitcoin however, but will others follow. Bloomberg Bigs Up Bitcoin Bitcoin appears to have finally started its correction from a rally which has added almost 270% to its price since the beginning of the year. The big names in Read more …