A bitcoin enthusiast recently initiated a digital survival challenge, managing to survive 21 days in Beijing merely living on 0.21 bitcoin without any help or donations. The event, currently on the 14th day, has caused a quite stir in the bitcoin community in China. The participant of the challenge is a Chinese girl with the online name […]
The world’s most expensive bitcoin core (BTC) price is in Iran. A combination of high foreign currency demand, economic sanctions and an improved regulatory environment – with some speculation – have sent the price of the leading digital currency skywards. How high can it go? Falling Rial, New Policy Spur Iran Bitcoin Bull Market The […]
Interest has piqued in a bitcoin wallet that’s lain dormant for four years. This week’s movement of the funds it contains, worth close to $850 million, has sparked intense debate over whose address it might be. Regardless of which whale holds the rights to it, the wallet’s very existence demonstrates the drawbacks of holding a […]
Several technological initiatives and devices designed to make Bitcoin transactions faster, safer, and cheaper are streaming into the crypto space. The latest is Spark, which is a wallet that facilitates sending and receiving Bitcoin, using c-lightning. Simple Interface to Pay with Bitcoin over the Lightning Network The Lightning Network is growing, enabling faster transactions among nodes. […]
The United States Securities and Exchange Commission (SEC) has issued three published decisions, covering nine different Bitcoin ETF. Applications put forward by Direxion, Pro Shares, and Granite Shares were rejected along largely the same lines of argument. Bitcoin ETFs Denied in Three Published Decisions The heavily footnoted rejection document runs some 24 pages, but the heart […]
Bitcoin declines in a rapid speed these days. People take it for granted that mining activity is expected to follow, but fortunately, that hasn’t happen. According to a cryptocurrency news outlet CryptoBuzz, BTC mining difficulty has been growing 15% per month in 2018 and at present, it is 3 times more difficult to win a […]
In early August, Atlanta-based Intercontinental Exchange (ICE), the world’s second-largest exchange and the firm that owns the New York Stock Exchange (NYSE), declared that it would be launching deliverable bitcoin futures, to be listed on the ICE Futures U.S. derivatives exchange. ICE’s move toward making bitcoin futures is important and follows similar measures by the […]
At its inception, Bitcoin was an ingenious piece of software, a decentralized online payment system that would allow different parties to send money to each other without going through financial institutions. Some hardcore Bitcoin fans believed it would one day replace payment services and become the main way we pay for goods and services every […]
Kingdom of Saudi Arabia (المملكة العربية السعودية) regulators issued a statement this week through its monetary authority. Cryptocurrencies such as bitcoin are illegal in the country. Citing “negative consequences” and “high risk,” the government believes it must protect subjects from themselves. Saudi Arabian Monetary Authority Pronounces Bitcoin Illegal Dated 8 August 2018, مؤسسة النقد […]
Controversial Internet pirate and bitcoin advocate Kim Dotcom is urging everyone to invest in gold and bitcoin because the U.S. government is adding $1 trillion to its debt every year, which will never be paid. The debt will destroy the U.S. and create a global economic collapse, Dotcom argued in a tweet. Dotcom also tweeted […]
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