Fresh research by crypto analytics firm CoinMetrics has added to speculation that the sudden hike in Bitcoin price in early April, that prompted the current revival of the cryptocurrency market, is all down to the actions of a single trader. According to the company, among the many theories surrounding the event, one of the most plausible ones was that of …

John McAfee’s explanation for his USD 1 million Bitcoin price by the end of 2020 is all down to mathematics, according to the high flying tech mogul. A recent McAfee Tweet offering to the market suggested that it would be “mathematically impossible” that one BTC will be less than USD 1 million “by the end of 2020”. A brave claim …

The Intercontinental Exchange (ICE), owner of the New York Stock Exchange, is attempting to facilitate the launch of its delayed Bakkt platform by obtaining a New York cryptocurrency license to seemingly bring about a more favorable outcome, according to Bloomberg’s report. The much-lauded physically delivered Bitcoin futures platform – Bakkt – which is expected to further the adoption of Bitcoin …

The Chief Financial Officer of Binance has announced that the cryptocurrency exchange giant is going to launch its new fiat-to-crypto exchange platform next week in Singapore. This will allow people in Singapore to buy or sell cryptocurrencies using Singaporean dollars. However, the platform is currently going to support buying and selling of Bitcoin only with a hint of possible addition of …

Pro-Bitcoin Presidential Candidate Andrew Yang is calling for more clarity in regulating cryptocurrencies slamming BitLicence as “onerous”. BitLicence, the business license of virtual currency activities issued by the New York State Department of Financial Services, has again come under fire in the 2020 Democratic presidential candidate’s latest comments. Yang is an American entrepreneur, philanthropist and the founder of Venture for …

The US Treasury’s Financial Crimes Enforcement Network (FinCEN) has penalized what it terms a “peer-to-peer cryptocurrency exchanger” in a historic case of Anti-Money Laundering (AML) violation by a Bitcoin trader. California resident and Bitcoin seller/buyer Eric Powers was adjudged to have failed to comply with the Bank Secrecy Act (BSA) registration and requirements during a two-year period  between 2012 and …

The much-anticipated Mueller Report on interference in the 2016 US Presidential Election claims that Russian intelligence used Bitcoin to secure computer infrastructure for hacking purposes. The ‘Report On The Investigation Into Russian Interference In The 2016 Presidential Election’ suggested that there is evidence that Russia attempted to smooth the path for Donald Trump by using hacking to target Hilary Clinton’s campaign …

PitchBook data recently compiled for Reuters shows that both corporate funding and venture capital investments are still behind blockchain tech, although trust in cryptocurrency has still yet to become a feature of large company investment. Corporate investment in Bitcoin is seen very much like the Holy Grail of the cryptocurrency industry, and to date, the big money is aimed at …

After the previous analysis, the price zone test of $5,200-5,300 stopped in consolidation. Buyers are trying to build a movement that is limited to the orange triangle. At the moment, the price is clearly moving under the upper trend line. If you analyze the volume of trading, then they do not change in the direction of increase and growth is …

American Bitcoin investor Chad Elwartowski and Thai girlfriend Supranee Thepdet, nicknamed Bitcoin Girl Thailand, have gone into hiding having been accused of violating Thailand’s sovereignty; a charge that could carry a death sentence under Thai law. The couple constructed a platform home known as a “seastead” in international waters 12 nautical miles from the shoreline at Phuket, Thailand’s tourist island …