🔸 Russia: Crypto Won’t Receive Money Status Anytime Soon🔸
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Russia: Crypto Won’t Receive Money Status Anytime Soon
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…
🔸 Ethereum, XRP, and Litecoin appear to be consolidating before their next big move🔸
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Cryptocrunchapp
Ethereum, XRP, and Litecoin appear to be consolidating before their next big move
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…
🔸 New York users can still use Bitfinex Services🔸
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New York users can still use Bitfinex Services
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”…
🔸 The Dollar is Used 800 Times More to Launder Money than Bitcoin: Report🔸
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Cryptocrunchapp
The Dollar is Used 800 Times More to Launder Money than Bitcoin: Report
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…
🔸 MIT Fellow and NYU Math Professor Says Libra Copied Off Co-Authored Paper🔸
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MIT Fellow and NYU Math Professor Says Libra Copied Off Co-Authored Paper
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.…
🔸 Miller Hedge Fund Rises 46% in H1 Thanks to Bitcoin Rally🔸
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Miller Hedge Fund Rises 46% in H1 Thanks to Bitcoin Rally
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.…
🔸 Tom Lee Expecting Bitcoin Bull Run as USD Weakens🔸
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Tom Lee Expecting Bitcoin Bull Run as USD Weakens
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…
🔸 Bitcoin Plunges $700 in 10 Minutes To $9400, Altcoins Struggle🔸
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Bitcoin Plunges $700 in 10 Minutes To $9400, Altcoins Struggle
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…
🔸 Andreas Antonopoulos Says Bitcoin Is Not For Millionaires🔸
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Andreas Antonopoulos Says Bitcoin Is Not For Millionaires
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…
🔸 New SFOX Report: Don’t Call Ethereum an ‘Altcoin’ Anymore🔸
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New SFOX Report: Don’t Call Ethereum an ‘Altcoin’ Anymore
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…
🔸 Anthony Pompliano: Bitcoin 'Rocket Fuel' Coming From European Central Bank🔸
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Anthony Pompliano: Bitcoin 'Rocket Fuel' Coming From European Central Bank
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…
🔸 Bitcoin Searches Surge as Britain Prepares for Brexit🔸
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Bitcoin Searches Surge as Britain Prepares for Brexit
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…
🔸 Bank of China Publishes Infographic Explaining Bitcoin🔸
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Bank of China Publishes Infographic Explaining Bitcoin
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…
🔸 US Moves Closer to Accepting Blockchain, Still Uncertain Over Crypto🔸
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US Moves Closer to Accepting Blockchain, Still Uncertain Over Crypto
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…
🔸 Bakkt Reportedly Plans to Launch in Q3🔸
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Bakkt Reportedly Plans to Launch in Q3
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…
🔸 Beverly Hills: Antique Violin Up for Sale for $52,888 in Cryptocurrencies🔸
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Beverly Hills: Antique Violin Up for Sale for $52,888 in Cryptocurrencies
According to a new listing in Beverly Hills, a rare violin is up for sale for $52,888 on Craigslist. The seller will accept Bitcoin and other major cryptocurrencies including Bitcoin Cash, Ethereum, Monero and Dash. The listing states that the violin is 249…
🔸 Tim Draper Thinks India's Crypto Ban Could Set it Back 40 Years🔸
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Tim Draper Thinks India's Crypto Ban Could Set it Back 40 Years
Tim Draper, American venture capitalist, billionaire and founding partner of Draper Fisher Jurvetson (DFJ), argues that a potential crypto ban could be catastrophic for India. Tim Draper said; “It is akin to the Luddites. They are in fact saying, ‘we will…
🔸 Crypto Analyst Says Bitcoin Whales Dominating Wild Weekend🔸
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Crypto Analyst Says Bitcoin Whales Dominating Wild Weekend
Technical and fundamental crypto analyst Nicholas Merten says whales are responsible for Bitcoin’s sudden, volatile price action. He attributes BTC’s rise above $10,150 and subsequent sharp drop to about $9,400 to a handful of large Bitcoin holders looking…
🔸 John McAfee: The US Has No Control Over Bitcoin, BTC Price Will Surge in a Week🔸
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John McAfee: The US Has No Control Over Bitcoin, BTC Price Will Surge in a Week
Just a few days after being released from confinement, John McAfee is back in charge of his Twitter account and is weighing in on Bitcoin. Bitcoin’s price has been swinging lately with more red than green, and McAfee believes that pressure from the U.S. has…
🔸 3 Reasons Analysts Are Bullish on Bitcoin Despite 33% Price Correction🔸
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3 Reasons Analysts Are Bullish on Bitcoin Despite 33% Price Correction
Despite a bearish short-term outlook for Bitcoin price, next year’s halving event is one of the main factors for why some market analysts say $20,000 is in play. Let’s have a look at some of the key factors which are influencing their opinion. #Dormant Bitcoin…
🔸 10 Times US Banks & Politicians Funded Terrorism Without Bitcoin🔸
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10 Times US Banks & Politicians Funded Terrorism Without Bitcoin
5 Times U.S. Banks Laundered Money Without Using Bitcoin are: 1. Wells Fargo (2010, $378 billion laundered) 2. JP Morgan (2018, $5.3 billion fine). 3. HSBC (2012, $1.9 billion fine) 4. Danske Bank (2017, €200 billion laundered) 5. Standard Chartered (2000s…