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Markets Update: SEC Adds a Brief Market Spike — But Will It Last?

Bitcoin news - 4346 hours ago

Cryptocurrency markets are steadily coasting along after suffering from some volatile low swings last week. Over the past 24 hours, most cryptocurrencies are still in the red nurturing losses between 1-3 percent, and a few are in the green by a few percentages. At the time of publication, the price of bitcoin cash (BCH) is hovering around $850 per coin. Meanwhile, bitcoin core values are meanderin...

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Wendy McElroy: Crypto Can Create a “Perfect” Political System

Bitcoin news - 4358 hours ago

The Satoshi Revolution: A Revolution of Rising Expectations Section 3: Decentralization Chapter 8, Part 6 Crypto Can Create a “Perfect” Political System The anarchists…work not for a perfect social state, but for a perfect political system. A perfect social state is…totally free from sin or crime or folly; a perfect political system is merely a system in which justice is observed, in which nothing...

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Authorities Track Bitcoin Transactions of Dark Web Drug Dealer, Arrested

NewsBTC - 4362 hours ago

A 36-year-old French national plead guilty this week in U.S. courts for selling narcotics for Bitcoin on the dark web. Guy Vallerius, who operated under the monkier ‘OxyMonster,’ was arrested by authorities at the Atalanta airport last September as he was making his way to Austin, Texas to take part in the World Beard and Mustache Championships. Authorities Uncover Identity of OxyMonster As the c...

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Freedom Fest 2018: Cryptocurrency Speakers, Debates, & Growing Interest Among Attendees

Bitcoin news - 4364 hours ago

For more than a decade, Freedom Fest has been a top attraction on the conference circuit for those leaning toward freer markets. Through the years, it has grown to include speakers and topics well beyond economics. In doing so, it has attracted some of the most interesting minds in the world.  Also read: William Shatner Joins Bitcoin Mining Project, Admits He Doesn’t Quite Get It Freedom Fest Foun...

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UK Company Launches Crypto Mining Electric Bicycle

Bitcoin news - 4372 hours ago

50cycles, a specialist electric bicycle manufacturer, has revealed what it has described as the world’s first range of cryptocurrency mining e-bikes. Toba, the new series of crypto mining bikes, are estimated to generate approximately £20 (approximately $26.5 USD) worth of ‘Loyalcoin’ per 1,000 miles ridden. Also Read: Study Reveals ASIC Miners Represent 30% of the Equihash Mining Hashrate UK Comp...

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Bitcoin Price Analysis: Weak Rally Gives Bitcoin Second Chance at Support Test

Bitcoin magazine - 4375 hours ago

Within minutes of rumors spreading regarding the SEC’s classification of both bitcoin and ether, the entire crypto market breathed a sigh of relief as everyone enjoyed a nice bounce. Prior to the news, bitcoin saw several days when buyers began to disappear from the market. After bottoming in the low $6,100s, the SEC news spread and a modest rally on relatively low volume ensued: Figure 1: BTC-USD...

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Estonia Grants License to Crypto Trading Software Provider Ibinex

Bitcoin news - 4383 hours ago

Ibinex, a company that specializes in white-label solutions for cryptocurrency exchanges, has obtained a license to operate in Estonia. Besides exchange services, it also plans to offer both hot and cold wallets within the regulatory framework of the tech-savvy, crypto-friendly Baltic nation. Also read: Estonia Grants Licenses for Wallet and Exchange Services to Coinmetro EU Registered Exchange a...

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Dash Merchant Adoption in Venezuela Soars to Top Spot, Passes US

DashForceNews - 4383 hours ago

Dash merchant adoption has experienced a significant rise in Venezuela, passing the United States as the top destination for Dash commerce. At time of writing, DiscoverDash lists over 1,250 businesses around the world that take Dash for payments. Of these, 273 presently listed are located in Venezuela, over 20% of the global total. This exceeds the total number of businesses in the United States,...

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Venezuela Begins Monitoring Bank Accounts for Crypto Transactions

Bitcoin news - 4386 hours ago

The government of Venezuela has started monitoring the bank accounts of its citizens for cryptocurrency-related transactions. Accounts found to contain crypto transactions at prices which the government considers to be “undermining the national currency” will be “severely punished,” Vice President Tareck El Aissami said. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Next Phase of...

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Q&A With Nate Zou, Co-Founder of ALZA

NewsBTC - 4387 hours ago

ALZA is an off-chain technology designed to make micropayments involving cryptocurrencies better, and that’s their official line. So, NewsBTC Group caught up with Nate Zou, one of the co-founders at ALBA to find out more. Here are few questions and responses that gives us a better idea of what they are out to achieve. Q: What problem does ALZA specifically solve in the industry today?  A: ALZA sol...

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