Category : Bitcoin

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After Coinbase, PayPal Bans Social Media Platform Gab ‘Just Because’

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Gab.ai, the social messaging platform born in 2016 as an answer to the “Big Social Monopoly” of extant social media giants, has lost access to its PayPal account. PayPal: Gab Should ‘Find Alternative’ Gab, which in June saw itself unexpectedly banned from US cryptocurrency exchange and wallet provider Coinbase, did not receive an explanation from PayPal, the company’s decision being
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Fidelity Won’t Build Its Own Exchange, Focused on Bitcoin Custody, Exec Confirms

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Tom Jessop, President of Fidelity Digital Asset Services says that the asset manager will take crypto to the next level by enhancing the sector and providing a secure Bitcoin custody solution so institutional investors can get a piece of the crypto pie. Bitcoin Custody Solution Will Remove Barrier In the most recent episode of her Unconfirmed podcast, Laura Shin interviewed
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LocalBitcoins Volumes Are Dominated by Russia and Venezuela, New Data Finds

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LocalBitcoins is a good yardstick for measuring bitcoin usage on a country by country basis. A new analysis dives deeper than ever before into the data, considering metrics that have previously been overlooked. Locally Sourced Produce Though the majority of bitcoin activity occurs via online exchanges, country-specific data is hard to come by. LocalBitcoins does separate trade volume data by country but
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Liberland President Plans To Use New ‘Merit’ Cryptocurrency Instead of Bitcoin

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The President of Liberland, a small self-proclaimed microstate on a patch of land between Croatia and Serbia, is looking to use a new cryptocurrency called ‘Merit’ to underpin his vision for a new country.   ‘A New Type of State’ Vit Jedlicka’s vision for a new crypto-based micro-nation has taken steady steps forward over the last few years. The so-called
Analysis Bitcoin btc Technical

Bitcoin Price Weekly Analysis: BTC/USD Remains Supported Near $6,380

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Key Points Bitcoin price is holding the $6,380 and $6,350 support levels against the US Dollar. There is a major contracting triangle forming with resistance at $6,420 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair needs to surpass the $6,420 and $6,460 resistance levels to gain momentum. Bitcoin price is holding the key $6,350
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The SEC Wants to Engage the Crypto Community through FinHub

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The launch of FinHub shows that the US Securities Exchange Commission (SEC) is increasingly focusing on 4th Industrial Revolution technologies. Among these technologies, Bitcoin and artificial intelligence (AI) continues to enjoy prominence. Crypto Enthusiasts Can Engage the SEC through FinHub On October 18, 2018, the SEC launched the Strategic Hub for Innovation and Financial Technology (FinHub) to channel all issues related to
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BitGo Hopes You’re Hungry For A Bitcoin Wrap on the Ethereum Blockchain

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BitGo yesterday announced Wrapped Bitcoin, an ERC20 token on the Ethereum blockchain, fully backed by bitcoin. The project, in partnership with Kyber Network and Republic Protocol, will launch in January 2019. And Twitter asked… Why? As we should now expect from the Twitterverse, responses were swift and brutal. Andreas M. Antonopoulos received twice as many likes for his simple “Why?” reply,
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10 Years On: Five Things Needed for the Mass Adoption of Bitcoin

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It’s been ten years since Satoshi Nakamoto published the Bitcoin White Paper and introduced cryptocurrencies to the world. His radical vision of a decentralized peer-to-peer electronic cash system was groundbreaking, as it sought to rebuild the structures that upheld our global financial institutions. A decade on, the cryptocurrencies market is now worth $209 billion globally, and there are more than
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Bitcoin is Still in the Middle of a Bear Market

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An inverse monetary velocity pattern indicates that bitcoin bulls are wrong about the market’s next bull run. Willi Woo, a prominent cryptocurrency market analyst, pitted the digital currency network value (or market cap) against the daily US Dollar volume transmitted through the blockchain. A proportion between the two equated into Bitcoin Network-to-Value (Bitcoin NV) Ratio, similar to P/E ratio used
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5 Reasons Why Fidelity Embracing Cryptocurrency is a Big Deal

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LALA World CEO and Founder, Sankalp Shangari, shared his top 5 implications of the announcement. What the Fidelity News Means for Crypto We’ve had time now to digest the news of Fidelity’s imminent foray into cryptocurrency trading launching an offshoot company called Fidelity Digital Assets. We’ve also analyzed the community response and what this means for the industry. But what