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Bitcoin Price Analysis, 25 April 2018: BTC/USD Markets Correct Below $9000

Bitcoin price going down bearish market BTCUSD bitcoin trading speculation

Bitcoin markets are now experiencing a correction that caused BTC/USD prices to breach below USD 9,000 again. The breach is coming only a couple of days after this level was achieved. Trading volumes are currently booming as crypto markets go in red. The Day’s Signals BTC/USD markets are now experiencing losses reaching over 5% over the past 24 hours. Bitcoin …


Bank of France Governor Calls For ECB Focus On Crypto Exchanges

Bitcoin regulation ECB

Bank of France Governor Francois Villeroy de Galhau has recently commented that new laws are required to cover cryptocurrency exchanges De Galhau, who also sits on the European Central Bank‘s Governing Council, made the comments at the City Week banking conference in London on April 24. The Bank of France’s chief has made lukewarm comments about cryptocurrency in the past, …


Arizona House Committee Pass Bill Allowing Taxes Be Payed In Crypto

Arizona House Committee Pass Bill Allowing Taxes To Be Paid In Crypto

The Rules Committee of the Arizona House of Representatives has passed a bill that allows residents of the state to use cryptocurrencies in making tax payments. Public records dated 23 April indicates that the bill, SB 1091, passed the first of three required readings at the Arizona State Senate on Feb. 8, followed by approval from the House Ways and Means Committee …


Philippines Senator Calls for Tough Crypto Fraud Penalties

Philippines Senator Calls for Tough Crypto Fraud Penalties

Philippines senator Leila de Lima is pushing for much tougher punishment for criminals involved in cryptocurrency crimes, according to the Philippines Senate Official Website. This move to tighten cryptocurrency legislation follows the recent Bitcoin scandal where a husband and wife team, Arnel and Leonady Ordonio, managed to scam their victims out of just over USD 17 million after promising investors …


Bitcoin Price Analysis, 23 April 2018: BTC/USD Breaks Above $9000

Bitcoin Price Analysis, 23 April 2018: BTC/USD Breaks Above $9000

Bitcoin markets initially met some resistance when prices were looming around USD 9,000 levels. And yet, recent hours have seen prices spiking above such levels. Traders observed prices nearing USD 9,000 levels through the course of the trading session, but it was only a price spike that helped prices surpass that level. The day’s signals While prices went through a …


California Legislators Take First Step to Welcoming Blockchain

California Legislators Take First Step to Welcoming Blockchain

A senator from the state of Califonia is working to push through legislation that would allow blockchain technology to be utilized in formal documentation, specifically corporations’ articles of incorporation. Bob Hertzberg, the Democratic representative for the San Fernando Valley, presented the bill dubbed ‘SB 838’ to the Senate Banking and Financial Institutions Committee at the end of the last week. The legislation is …


Tim Draper Predicts Bitcoin Could Be Bigger Than the Internet

Tim Draper Predicts Bitcoin Could Be Bigger Than the Internet

Cryptocurrency advocate and venture capitalist Tim Draper has predicted that Bitcoin could become a vital tool for daily life, bigger even than the internet. As reported by CNBC, he boldly claimed that Bitcoin would surpass the size of Skype, Tesla and Hotmail, all companies he previously invested in. Draper even went so far as to claim that Bitcoin could be bigger than …


Georgia Second Most Active in Crypto Mining

Georgia Second Most Active in Crypto Mining

With a population of fewer than 4 million people, Georgia’s position as second in the world for cryptocurrency mining is an intriguing one. Mining farms US technology company Bitfury accounts for significant portion of the mining activity in Georgia. The company runs a vast data center filled with mining software on the outskirts of the capital Tbilisi, which recently ran into controversy …


Ethereum’s Casper Protocol in Review

Ethereum's Casper Protocol in Review

Ethereum developers have recently announced that they are about to update their network’s protocol to the much-anticipated proof-of-stake (PoS) algorithm. As the cryptocurrency market is starting to repair itself from the consolidation it has seen over the last four months, it is time to take a look at what has been happening behind the scenes. This protocol is aptly named …


Former JPMorgan Banker Likens Crypto to Financial Revolution

Former JPMorgan Banker Likens Crypto to Financial Revolution

Daniel Masters, chairman of digital investment bank Coinshares, suggested that cryptocurrencies are bolstering a financial “revolution”. The ex-chief of JPMorgan’s global energy trading desk, speaking to Bloomberg recently, likened the current rise in distributed ledger technology and its democratization of peer-to-peer transactions to the internet’s “democratization” of the news. Masters was asked about “leakage” in the fractional reserve monetary system, …


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