• The price actions of Bitcoin and Ethereum have failed to break out of their bearish trends this past month – and investors are preparing for lower support levels in the near future. Positive market conditions could likely lead to an influx of first-time investors as well as veterans adding to their positions at the bottom. A Quick Recap If you’ve taken long-term positions in either Bitcoin or Ethereum between now and November of last year

    Bitcoin And Ethereum Forecast: Down – But Surely Not Out

    | 2018/06/19 6:00 pm
  • Bitcoin’s hash rate reached new all-time highs in June, prompting well-known industry figures to renew calls for imminent price increases. Keiser: ‘Price Follows Hashrate’ Data from Blockchain.info confirms that Bitcoin network hashrate continued growing in 2018, despite prices conversely remaining suppressed and transaction volume declining. Hashrate refers to the total computing power of the Bitcoin network, and its growth is a solid indicator that despite low prices, more and more parties are choosing to invest

    Bitcoin HashRate At All-Time High With ‘Price to Follow,’ Says Max Keiser

    | 2018/06/19 2:00 pm
  • Square, a payment processing company owned by Twitter CEO Jack Dorsey, has obtained a New York BitLicense. The firm announced the news on Twitter on June 18, 2018. The license grants approval for the company to offer Bitcoin trading services in New York via its Cash app. ‘The Missing Piece of the Puzzle’ BitLicense is the colloquial term given to the business license issued by the New York State Department of Financial Services (NYDFS) to

    Square Cash App Gets Bitcoin Trading License in New York

    | 2018/06/19 8:00 am
  • After moving to request all cryptocurrency exchanges to report to the country’s watchdog agency, the Australia Taxation Office (ATO) will be collecting Capital Gains Tax (CGT) on cryptocurrency gains, essentially classifying them as assets. Cryptocurrency = Asset Liz Russel, a senior tax agent at a private Australia online tax return service, shared some insights on the way theATO will be treating cryptocurrency gains and what people should expect. Just like in the majority of countries, there

    Got Bitcoin Mate? Because Australia Wants a Piece of Your Profits

    | 2018/06/19 6:00 am
  • As Malta cements its position as major cryptocurrency hub in the global landscape Marcel Cassar, the new Malta Bankers Association (MBA) Chairperson weighs in with his views on the sector. Cassar points to new technologies presenting opportunities in his interview with The Malta Independent, noting that Malta faces important tests including the first International Monetary Fund (IMF) Financial Sector Assessment Programme for Malta since 2003. Malta’s financial services industry and supervisory framework are under increased scrutiny

    Cryptocurrencies Could Make Banks Obsolete, Says Malta Bankers Association Head

    | 2018/06/19 4:00 am
  • Dogecoin (DOGE) processes three times as many transactions as Bitcoin Cash (BCH) per day, data shows this month — as Bitcoin’s (BTC) hash rate expands to an all-time high.  Unlikely Success? Figures reproduced on Twitter by social media commentator Armin van Bitcoin confirm the curious rise of DOGE, which has seen renewed attention this year after its surprise use in a chain swap project with Ethereum. #dogecoin now has 3X more transactions than #bcash. 😐👇

    Such Currency, Much #Fail: Dogecoin Transactions 300% Higher Than Bitcoin Cash

    | 2018/06/18 10:00 pm
  • Hollywood has announced it will film its first high-profile feature centered on cryptocurrency – and its alleged connection with money laundering in the art world. ‘Crypto,’ Art And Money Laundering ‘Crypto,’ an unlikely blockbuster which will see actors from some of the most popular current US serials play major roles, will begin filming later this year, local industry magazine Hollywood Reporter revealed last week. The story of a corruption network in upstate New York, the

    Netflix And Shill? Hollywood Films Its Cryptocurrency Premiere

    | 2018/06/18 1:00 pm
  • The Bank for International Settlements (BIS), a global “bank for central banks” based in Basel, Switzerland, has once more declared that cryptocurrencies are not only “not ready for prime time,” but could also “bring the Internet to a halt.” [Note: This is an op-ed] BIS: Bitcoin, You Scary On Sunday, BIS released a new 24-page document outlining why it believes cryptocurrencies like Bitcoin cannot become a bona fide financial instrument for the global economy. The

    The Central Banks’ Bank (BIS) Hates Bitcoin — Which is Reassuring

    | 2018/06/18 7:00 am
  • Many of those invested and interested in the cryptocurrency markets were around for the rise and fall of the Dot-com era and birth of the widespread public internet. The Dot-com bubble burst is constantly being used in arguments that cryptocurrency will suffer the same fate, bringing the markets to a crashing close. Are we early to the party, or just in line for disappointment? Boom And Bust It is safe to say that anyone who has

    Investing In Cryptocurrency Likened To Investing In The Internet 10 Years Ago

    | 2018/06/18 5:00 am
  • The US SEC has decided Bitcoin and Ethereum will not be regulated as securities but the debate continues to rage over Ripple, the third-largest cryptocurrency by market capitalization. Some argue US FinCen has already set a precedent for Ripple’s definition, which will mean the SEC must eventually follow suit. June has seen the US Securities and Exchange Commission (SEC) make clear that Bitcoin (BTC) and Ethereum (ETH) are not securities and will not be regulated

    The Great Ripple Debate: FinCEN Ruling Labels XRP a Currency, Not a Security

    | 2018/06/18 3:00 am
  • The struggles of cryptocurrency hedge funds in 2018 seem to have no end in sight. With half of the year almost gone, these crypto-focused hedge funds continue to perform poorly. Declining Revenues Amid Price Dip According to the Financial Times, cryptocurrency hedge funds are down by 35 percent so far in 2018. This decline is in stark contrast to 2017 when revenues grew by 2,700 percent. Such was the success of the market that a

    Cryptocurrency Hedge Fund Profits Plunge Amid Market Volatility

    | 2018/06/18 1:00 am
  • Though the availability of formal cryptocurrency and blockchain education around the globe is increasing rapidly, the UK Department for Education (DfE) appear to have no immediate plans to include cryptocurrency as a topic in the UK school curriculum. However, the country’s school children will see a “rigorous” new mathematics curriculum and financial literacy education. In a recent interview, a Department for Education (DfE) spokesperson did not voice any objection to cryptocurrency but equally did not

    UK Department for Education Says ‘No’ to Cryptocurrency Curriculum in Schools

    | 2018/06/17 7:00 pm
  • George Friedman, a well-respected Hungarian-born U.S. geopolitical forecaster and strategist on international affairs, believes blockchain technology will eventually become “obsolete” — and he may be right. ‘It’ll be Obsolete’ Geopolitical forecaster George Friedman thinks the blockchain’s days are numbered. Friedman explained his view of Bitcoin’s underlying technology to CNBC late last week at the UBS CIO Global Forum in New York. The chairman of Geopolitical Futures explained: I’ve never known any encryption technology not to be

    Blockchain Technology Will Be ‘Obsolete,’ Says Prominent Geopolitical Forecaster

    | 2018/06/17 10:00 am
  • Cryptocurrency and initial coin offering (ICO) expert Phillip Nunn made a prediction in January that Bitcoin would reach lows of $6,000 and highs of $60,000. Nunn recently reiterated his confidence in the prediction after the price of Bitcoin plummeted almost 18 percent last week.  ‘It’s going to disrupt everything’ Phillip Nunn, CEO of The Blackmore Group and Wealth Chain Group, piqued the interest of the cryptocurrency and investing communities in January of this year when he

    Bitcoin Price To Reach $60,000 in 2018 — Cryptocurrency Expert Remains Resolute On January Prediction

    | 2018/06/17 7:00 am
  • Former Wall Street macro trader and vocal Bitcoin proponent Mike Novogratz has expanded his involvement in the cryptocurrency field, investing $15 million in a startup company which aims to facilitate the launch of trading platforms and tokenizes assets through blockchain-based technology. Despite the current market correction, Novogratz remains overly positive towards the field in general. Investing in the Future of Cryptocurrencies Mike Novogratz, Founder and CEO of Galaxy Digital Capital Management, announced on Thursday that his asset

    Novogratz Invests $15M in White-Label Cryptocurrency Exchange Startup

    | 2018/06/16 7:00 pm
  • John McAfee, one of the most opinionated figures in the cryptocurrency community, has clashed with US Securities and Exchange Commission’s (SEC) chairman over the labeling of initial coin offering (ICO) tokens as securities. Speaking via his Twitter account, the tech activist and internet security expert vowed to fight the SEC’s pronouncement. McAfee on the Warpath John McAfee is usually not shy when expressing his views. Ever since Securities and Exchange Commission (SEC) chairman Jay Clayton

    John McAfee Will Fight SEC ‘With Every Last Breath’

    | 2018/06/16 4:00 pm
  • Ethereum co-founder Vitalik Buterin hit out at mainstream media Friday after an article appeared suggesting he thought the US National Security Agency (NSA) invented Bitcoin. ‘My Opinions Have Changed A Lot’ On June 15, UK tabloid publication Metro published what it described as a “discovery” that Buterin had made remarks about Bitcoin’s being created by the US National Security Agency (NSA). The evidence it gathered came in the form of messages from popular forum Bitcointalk

    Vitalik Buterin Derides Misleading Reports Regarding the NSA’s Creation of Bitcoin

    | 2018/06/16 1:00 pm
  • Brian Kelly, founder and CEO of digital currency-focused investment firm BKCM LLC, believes Ethereum might be a better investment than Bitcoin — and he provided CNBC’s “Fast Money” with three reasons why.  Ethereum Futures Firstly, Kelly believes Ethereum futures may just be around the bend, now that the U.S. Securities and Exchange Commission (SEC) has officially decided that ether is and was not a security — thus removing the largest obstacle from the second-ranked cryptocurrency by

    3 Reasons Why Ethereum Is A Better Investment Than Bitcoin, According to Brian Kelly

    | 2018/06/16 10:00 am
  • Authorities in Italy have seized bitcoins from the company wallets of controversial exchange BitGrail as part of standard pre-bankruptcy proceedings. BitGrail was hacked in February 2018, with $170 million dollars’ worth of Nano stolen — which subsequently lead to a major price crash for the coin. BitGrail’s blog was updated today, June 15, 2018, with the following announcement: On June 5, 2018, pursuant to the Tribunal of Florence orders, the Bitcoins contained in the company’s

    Bitcoins Seized From Bankrupt BitGrail by Italian Authorities

    | 2018/06/15 9:00 pm
  • SimpleFX (SFX), a cryptocurrency and forex broker has launched the iOS version of its mobile app. The platform has been available for Android smartphones since the end of December 2017. Users of iOS mobile devices will now be able to enjoy the unique services offered by SimpeFX in the areas of cryptocurrency, forex, indices, and commodities trading. The New SimpleFX iOS App Just like the Android version, the SFX iOS app delivers the complete trading

    SimpleFX Launches iOS App and Mobile Web Browser Platform

    | 2018/06/15 6:00 pm
  • The United States Central Intelligence Agency (CIA) may have files on Satoshi Nakamoto, the mysterious Bitcoin creator. There are also indications that the country’s National Security Agency (NSA) might know the real identity (or identities) of Satoshi Nakamoto. CIA Refuses to Comment The CIA has reportedly issued what is known as a “Glomar response” to a Freedom of Information Act (FOIA) request from Daniel Oberhaus, a staff writer on Motherboard. According to Oberhaus, the CIA

    CIA Doesn’t Deny Having Files on Bitcoin Creator Satoshi Nakamoto

    | 2018/06/15 3:00 pm
  • Thomas Lee, Co-founder and head of research at Fundstrat Global Advisors, ties the recent decline in Bitcoin (BTC) price with the expiration of Bitcoin futures. Tom Lee Blames Futures Expiration Among Other Factors In an interview for Bloomberg, Tom Lee explained that the weakness in the market’s first and foremost cryptocurrency was the result of futures contracts expiring. He says that there have been six expirations of futures contracts since the CBOE launched Bitcoin futures

    Bitcoin Price Drop Caused by Futures Expiration, Tom Lee Says

    | 2018/06/15 9:00 am
  • Gab, a social network messaging platform that describes itself as a place “where people, free expression, and individual liberty come first,” has announced that its Coinbase account was suddenly closed by the popular US-based crypto exchange.  Gab: Centralized Exchanges ‘Contradictory to Everything Crypto Stands For’ Gab is a relatively young social networking platform launched in August 2016 as a response to censorship controversies involving major social media companies — such as Facebook and Twitter — which

    ‘Centralized Exchanges Are Cancer’: Coinbase Shuts Gab Social Network’s Account

    | 2018/06/15 7:00 am