Tag: cryptocurrency

Jan 24 2021

Cryptocurrency – Why do Authorities Ban Rather Than Educate?

Reading Time: 2 minutes The UK’s FCA has warned retail investors over the dangers of cryptocurrency many times in the past few months In doing so they are preventing people from teaching themselves how to make life-changing amounts of money Why are authorities so keen...

Jan 22 2021

INDX Reveals Jellyfish DeFi Project

Reading Time: 2 minutes INDX has unveiled details of Jellyfish, its DeFi pivot Jellyfish aims to protect a user’s assets from crashes INDX’s masternode project was canned last year after over two years of development INDX, the blockchain company that recently...

Bitcoin On-Chain Data Reveals Chinese Mining Pool Behind Its Crash

Jan 22 2021 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt cryptocurrency

An otherwise decentralized cryptocurrency, Bitcoin, might have become a victim of a centrally orchestrated price dumping attempt. According to data fetched by CryptoQuant, a South Korea-based blockchain analytics firm, Bitcoin miners at Chinese mining firm F2pool started the massive sell-off that crashed the BTC/USD exchange...

Is Tether a Fraud? Its Bank Says It’s Not

Gregory Pepin, deputy CEO of Deltec Bank and Trust, responds to allegations in a blog post by the pseudonymous Crypto Anonymous, that Tether is a "highly probably fraud." In this episode, he covers: how Deltec accounts for its reserves, and why they didn't show up on Crypto Anonymous's blog post...

Double Spend FUD Crashes Bitcoin Below $30,000; Return of Bear Trend?

Jan 22 2021 Published at Bitcoinist.com under tags  bitcoin btcusd btcusdt cryptocurrency

Bitcoin crashed below $30,000 on Friday as traders panicked about a technical flaw that allows people to spend the same cryptocurrency unit twice. Google Trends for the keyword "Double Spend"—as the flaw is called—reached a perfect score of 100....

Jan 21 2021

Cryptocurrency Miner Finds Novel Use for Wasted Heat

Reading Time: 2 minutes Home cryptocurrency miner Dan van der Ster has found a novel way of dealing with excess heat from his rig van der Ster uses the hot air generated to warm his greenhouse and chicken coop Other crypto miners have tried using exhaust air to warm...

Bitcoin Wobbles as RSI Remains Overbought

Reading Time: 2 minutes Bitcoin has established a channel which has allowed alts to flourish A wedge has been created which may give alts another week to move The RSI is still heavily overbought on Bitcoin, and history tells us a further pullback is imminent...

Bitcoin Eyes $50,000 amid Whale-led Supply Crunch; Here’s Why

Bitcoin could hit $50,000 in the coming sessions as more and more institutions accumulate it against their fears of dollar-linked inflation. The flagship cryptocurrency, whose market capitalization recently soared above that of Facebook and Tesla, dropped lower from its record high near $42,000. Nevertheless, its...

3 Reasons Why Bitcoin Could Retest $40,000 All Over Again

Bitcoin remained under a selling pressure this Thursday as its price fell by another 1.5 percent. The benchmark cryptocurrency touched an intraday low of $34,200, making a higher high after falling below the key $34,000-support level in the previous session. Its plunge majorly appeared due to...

Jan 20 2021

Cryptocurrency FUD Triple Whammy Trots Out Same Arguments

Reading Time: 2 minutes The cryptocurrency sector, and Bitcoin in particular, came under fire this week from three sources Janet Yellen, the Guardian, and a London-based engineer chose to attack the sector this week The attacks once again illustrated a lack of education...

Take Note of Your Trades and Purchase or Run Afoul of the Tax Man

Reading Time: 2 minutes Every transaction you make in the crypto world could be a taxable event Not enough people are taking it seriously, meaning they could land in big trouble Recording your crypto transactions takes seconds and could save you a fortune down the road...

Cryptocurrency Used in Spanish Soccer Transfer

Jan 20 2021 Published at FullyCrypto under tags  cryptocurrency cryptocurrency news

Reading Time: 2 minutes Spanish soccer side DUX Internacional de Madrid has signed a player using cryptocurrency The signing of David Barral marks the second time a soccer transfer has been conducted in cryptocurrency Turkish side Harunustaspo signed a player for...

Jan 19 2021

Extremism and Cryptocurrency: The Story Too Big to Ignore.

Jan 19 2021 Published at CoinDesk under tags  borderless cryptocurrency extremism

In this episode, Anna Baydakova, Danny Nelson, and Tanzeel Akhtar discuss livestreaming the insurrection on a blockchain, Iran taking the mining industry under control, and if Europe can regulate bitcoin.

How Cryptocurrencies will boost the overall sportsbook scene

It only seems like yesterday that casinos and also sports betting sites started accepting cryptocurrencies from their players. The new payment method is not offered by many casinos, but it would be a lie for us to see that new betting sites are not emerging daily. The good news is that we have seen ample new Bitcoin betting sites setting up shop online,...

Dubai’s Financial Watchdog Plans to Regulate Cryptocurrency

The regulator is expected to issue two consultation papers in the next six months.

45,000 Illegal Bitcoin Mining Machines Seized in Iran

Reading Time: 2 minutes Authorities in Iran have seized approximately 45,000 Bitcoin mining machines in a raid on an illegal mining farm The farm was using subsidized electricity to mine Bitcoin without a license Bitcoin mining is government-approved but users must...

How to Pay with Cryptocurrencies?

Cryptocurrencies have been making headlines for more than 3 years now. Despite this notorious fame, there are still people who don't know how to pay with cryptocurrencies, which requires OWNING them first. In this article, we're going to break down in an easy step by step guide how to pay with cryptocurrencies, and specifically, we'll take the example of...

Bitstamp Begins KYCing Withdrawals to Dutch Wallets

Reading Time: 2 minutes Bitstamp users in the Netherlands face tighter controls over their withdrawals Each withdrawal address must now be whitelisted with photographic evidence of ownership required for each The Netherlands has been one of the foremost adopters of...

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