Winklevoss: Bystanders Crazier than Bitcoin Investors
One half of the Winklevoss twins and co-founder of the Gemini cryptocurrency exchange, Cameron Winklevoss, has debated that it would be “definitely crazier” to be a bystander on the sidelines than to be a part of the future of money that Bitcoin and other crypto are building. Some people think it's crazy to invest in […]
Lao PDR Central Bank Gets Tough on Crypto
South East Asia is buzzing with Bitcoin but the governments of some countries are still reluctant to join the party with the Lao PDR becoming the latest after Vietnam to warn off potential investors. Despite models such as South Korea and Japan to fall back on, it appears that Laos is not convinced. Just recently […]
Gambling Dapps on Tron Record $1.6 Billion Volume in Q1 2019
Analytics company Dapp Review has told CoinDesk that gambling-based decentralized applications (Dapps) are fast becoming a major use case on the Tron blockchain, facilitating USD 1.6 billion in transactional volume in the first quarter of the year created by over 432,000 users. Gambling is becoming a primary use case for the Tron blockchain, new data […]
Stablecoin Offers Way Out for Argentinians as Peso Struggles
After another economic crisis in Argentina, characterized by the peso’s falling to a record low against the US dollar, some financial analysts and commentators in the region see cryptocurrency as a potential solution. After a history of inflation and debt defaults by the government, Argentina’s population see banks as a risk with some savers even […]
Grayscale CEO: Bitcoin’s Price Uptrend Likely Due to US-China Trade War
In the past few months – for the most part of 2019, Bitcoin has been bucking the trend, attracting onlookers from the traditional investment circles, and while the reason behind the sudden increase in Bitcoin’s price may have been unclear, critics have engaged numerous sound reasoning wavering from strong fundamentals to typical bullish technical trends […]
WhatsApp Now Allows Users to Accept and Send Crypto
WhatsApp, a freeware, cross-platform messenger, will allow its users to send and receive cryptocurrency on adding the WhatsApp bot, Lite.im. Zulu republic platform took to Twitter to announce the new feature. The transfer of digital assets has been made possible with just a few clicks. The popular message sharing platform will allow Bitcoin, Litecoin, Ethereum […]
BitcoinNews.com Bitcoin Market Analysis 21st May 2019
The new week began with a surprise from the buyers who were able to close the last week’s candle almost without a pin, thus leaving the sellers hope for a short-term trend change: On a weekly timeframe, we see that buyers break through the blue trend line. And this week there is a high probability […]
Venezuelans Receive Free Crypto in Charity Relief Program
A social health worker through a crypto program dubbed GiveCrypto has come to the aid of families in Venezuela anguishing in the economic rot of the country caused by hyperinflation cascaded from political decadence. One such Venezuelan, Andreina Cordero from Barquisimeto, said: “We finally got to eat chicken. And there were also vegetables for the […]
Bitcoin Finds Support to Keep Knocking on $8,000 Door
After a harrowing two days for short term traders, where Asian markets fought to keep the price levels above USD 8,000, Bitcoin price finally found strong support at levels above USD 7,850. In the past 24 hours, the price range has narrowed, with several unsuccessful attempts to break the new range above USD 8,000. After […]
IRS Still Dragging Heels on Crypto Rules
The US Internal Revenue Service (IRS) moves to provide clear cryptocurrency taxation guideline to the increasing user base in the United States continues to develop at a snail’s pace with the agency responsible for collecting taxes promising Congress that it will issue new cryptocurrency tax guidance soon. This, of course, is not the first of […]
