Bitcoin
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Mt. Gox Wallet Moves 8,200 BTC Triggering a Mini Market Crash
Mt. Gox ghosts are stirring up trouble again as 8,200BTC leave their wallet. You probably got a bit of a shock his morning during your daily coinmarketcap.com refresh with red color all over the front page. It turns out that the Mt. Gox trustee, who was tasked with selling about 200,000 bitcoin after the […]
Should We Listen to Warren Buffett and why not
Warren Buffett appeared on CNBC and again warned investors not to invest in Bitcoin. When asked about his current view about Bitcoin in reference to his previous statement Bitcoin being rat poison, which was a few years ago when Bitcoin was about $100, Warren answered ”rat poisoned squared” Warren repeatedly had defamatory statements against Bitcoin and other […]
Elon Musk to Start a Cryptocandy Company
The billionaire inventor announced on Twitter that he will be starting a candy company after a public spat with fellow billionaire Warren Buffett over the value of crypto. At the Berkshire Hathaway’s annual meeting on Saturday, 5th May 2018, the 87-year-old billionaire and legendary investor, Warren Buffett called cryptocurrencies “non-productive assets”, saying that they deliver […]
Miners Deal with Risks of Unprofitability with this BTC prices
As Bitcoin’s price remains stuck below $10,000, Wall Street players and others have turned their attention to how the price levels are causing potential financial risk for miners not breaking even if the prices continue this bear trend. Miners receive rewards for successfully solving the complex mathematical equation that creates the next block in bitcoin blockchain. […]
What are Hodl Waves
“Hodl wave” is a term coined by Unchained Capital, a cryptocurrency based financial services lending firm, which studied Bitcoin’s Unspent Transaction Outputs (UTXO) and noticed a pattern of holding emerge every couple of years. They were able to track the age of Bitcoins (how long since they were last spent) by tracking unspent transaction […]
Bitcoin owners can claim 70 different forks
It feels like every day is a new Bitcoin fork day, and research suggests that this is not too far from the actual truth. There are now 69 different Bitcoin forks in existence, plus additional 18 altcoin forks. If you own Bitcoin, Monero, Ethereum, and Litecoin you can now claim almost 80 additional coins […]
Islamic Scholar Potentially Opened Cryptocurrency Market to 1.6 Billion Muslims
Scholar recently concluded that Bitcoin is Sharia Law compliant in some specific cases Being Sharia compliant could see the world’s Muslim population take an interest in cryptocurrency Scholar, who is also a member of Islam, recently concluded that Bitcoin is Sharia law compliant, which may potentially open the cryptocurrency market to the world’s Muslim population […]
Bitcoin surges by over $1000 in just 30 minutes
The whole crypto market has followed Bitcoin’s sudden price jump and left many wondering what is going on. While of course extremely welcome, it’s a bit of a mystery what has caused so much green colour across the crypto charts. The leading speculation on Twitter at the moment is that it has something to […]
JPMorgan Sued for Bitcoin Fraud
JPMorgan is being sued in Manhattan federal court for Bitcoin fraud. Accusing it of charging surprise fees when it stopped letting customers buy cryptocurrency with credit cards in late January and began treating the purchases as cash advances. Bitcoin fraud lawsuit The lawsuit was filed on this Tuesday on behalf of a proposed nationwide class. […]
Cryptocurrency Drug Money Laundering Ring Busted
Europol closed down a criminal organization, which used cryptocurrencies to launder money on a Finnish crypto exchange. In an operation dubbed Tulipan Blanca, 11 individuals involved in moving money from Spain to Colombia using credit cards and several cryptocurrencies were arrested in a joint operation by authorities from Finland, Spain, the United States and Europol. […]
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