James Bullard, President of the Federal Reserve Bank of St Louis, has stated currencies are intrinsically worthless and fragile days after Donald Trump mentioned they are printed out of thin air. He views “cryptocurrencies of various types as new entrants…

Crypto investment app Abra has been forced to make changes services to U.S. customers over “regulatory uncertainty and restrictions” in the country. In a blog update on Thursday, the firm said the adjustments come “in an effort to continue to be compliant…

Soyuzmash, the Union of Machine Builders in Russia, has asked the Central Bank for permission to accept Bitcoin and stablecoin payments for weapons deals. This, they claim, will help them to circumvent US and international sanctions. Soyuzmash Vice President…

Galaxy Digital CEO Mike Novogratz argued that institutional interest would push Bitcoin (BTC) price back to its all-time highs. He said that once institutions show increased interest in the cryptocurrency again, the industry will possibly see Bitcoin price…

The IRS has begun contacting U.S. taxpayers, warning them about possible back taxes owed on their crypto holdings. The agency said that it began mailing what it called “educational letters” last week. According to the statement, there are three variations…

Curtin University, the largest university in Western Australia with over 58,000 students, announced the launch of a cryptocurrency PhD program on July 23, 2019. The Cryptocurrency PhD Scholarship Fund will allow companies and individuals to help PhD students…

On Thursday, July 25, a panel of Russian officials and experts discussed the regulation of cryptocurrency. The experts concluded that the integration of cryptocurrency into Russia’s financial system is a question of a distant future. First of all, the issuance…

Currently, it seems like all the cryptocurrencies analyzed are consolidating after the recent correction. Most of these coins are sitting in no-trade zones with no clear indication of whether support or resistance will break first. Although most of the cryptocurrencies…

A New York-based Bitfinex account holder has revealed it’s still pretty easy to transact through Bitfinex as a U.S. user, despite the purported ban of stateside traders. The user, who has asked to remain anonymous, created an account called “ImaNYresident”…

Research conducted by research firm Messari reveals that more U.S Dollars have been used to launder money than Bitcoin. Precisely, the data reveals that the U.S Dollar has been used in money laundering 800 times more than Bitcoin. “For every $ in BTC spent…

Alexander Lipton, a connection science fellow at the Massachusetts Institute of Technology (MIT) and adjunct professor of mathematics at New York University (NYU), has claimed that Libra’s white paper copied concepts for a coin proposed in his academic work.…

A hedge fund managed by veteran investor Bill Miller gained 46% in the first half, thanks partly to the sharp rise in the price of bitcoin during the period. Miller achieved such outstanding results by investing in Bitcoin among other high-performing stocks.…

Bitcoin has been consolidating for most of the week, range bound between $10.2k and $9.6k. At the moment things are just bubbling at the surface for bitcoin and there has been no major momentum since things started to slide from the 2019 peak. That could…

Crypto traders are in a panic today after a radical bearish movement sent Bitcoin to drop over $700 within less than ten minutes, pushing down the price from above the $10,100 region to below $9400. Spectators are yet to understand the cause of the volatility…

The cryptocurrency advocate and supporter, Andreas Antonopoulos, said that millionaires do not need cryptocurrencies. During a speech at the Coinscrum meetup at Monzo Bank HQ in London, the author of Mastering Bitcoin suggested that the most popular digital…

Institutional cryptocurrency exchange San Francisco Open Exchange (SFOX) suggested that Ether may not be an altcoin anymore. The reason why the exchange is suggesting that ETH may not fit into the altcoin category is that BTC’s current correlation with Ether…

Morgan Creek Digital co-founder and Bitcoin bull Anthony Pompliano says potential interest rate cuts and quantitative easing from the European Central Bank (ECB) will be “rocket fuel” for the leading cryptocurrency. In a new installment of his newsletter…

Search volume for Bitcoin has seen a surge throughout the summer, particularly among the constituents of the UK as the country prepares for Brexit. According to data compiled through Google Trends, ‘bitcoin’ search volume has risen to its highest level in…

Samson Mow, the chief strategy officer at Blockstream, revealed on July 27, 2019 that the Bank of China has published an article that explains how Bitcoin works, and why its price keeps increasing. An infographic on the central bank’s website illustrates…

The passing of the Blockchain Promotion Act signposted the government’s intention to develop a prudent legislative framework to oversee possible implementation of blockchain technology in various public sectors. Skepticism pertaining to the operation of Facebook…

The long-awaited launch of Intercontinental Exchange’s crypto exchange subsidiary, Bakkt, could be just around the corner. According to a recent report by The Block, Bakkt is gearing up for a Q3 launch date for its Bitcoin futures, pending the approval of…