Category: Bitcoin

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Johannesburg Authorities Refuse to Pay Hackers’ Bitcoin Ransom

Authorities in Johannesburg are holding firm in their refusal to pay a ransom of 4 Bitcoin to hackers who targeted municipal systems last week. Authorities in Johannesburg are holding firm in their refusal to pay a ransom of 4 Bitcoin to hackers who targeted municipal systems last week. In a statement posted to its official…
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Peter Schiff Blames ‘Whales’ After Bitcoin Gains 30% Against Gold

HODLer of a bygone era, Peter Schiff has argued that retail investors are getting squeezed by whales’ tactics on the cryptocurrency markets. HODLer of a bygone era, Peter Schiff has argued that retail investors are getting squeezed by whales’ tactics on the cryptocurrency markets. In a tweet posted on Oct. 29, Schiff — a diehard…
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Startup Aims to List Bitcoin Product on Frankfurt, Luxembourg Exchanges

A German startup is reportedly aiming to list a Bitcoin exchange-traded note on the Frankfurt and Luxembourg stock exchanges by December. A German startup is attempting to list a Bitcoin (BTC) derivative product on the Frankfurt and Luxembourg stock exchanges. According to German business news daily Handelsblatt on Oct. 29, the startup Iconic has filed…
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Bullish Bakkt: Company Launches New Products as Futures Trading Surges

Bakkt’s futures volumes skyrocketed last week, with the firm launching two ambitious new projects only days after. Each time Bitcoin (BTC) rallies past the all-important $10,000 mark, analysts seek to attribute the rise to major events occurring across the industry. The crypto sector is young, volatile and one major announcement can send ripples across the…
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Cryptocurrencies Like Bitcoin are Not Real Money: German Parliament

Cryptocurrencies like Bitcoin are not real money, according to a statement published by the German federal parliament. Cryptocurrencies such as Bitcoin (BTC) are not real money, according to a statement published by the German federal parliament on Oct. 28. Not a payment vehicle, not a store of value Per the announcement, the assets offered by…
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P2P Crypto Trading Volume Increased 2800% in South Africa, Says Paxful

Peer-to-peer cryptocurrency trading platform Paxful has seen 2,800% more trades in South Africa this month compared to October 2018. Peer-to-Peer (P2P) cryptocurrency trading platform Paxful has seen 2,800% more trades in South Africa this month compared to October 2018. Demand for crypto sharply increases in S.A. Paxful announced the growth of its South African user…
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Bitcoin Price Tackles $9.5K as Analysts Spot Potential Breakout Signal

Bitcoin tries and fails to hold the $9.5K mark, still preserving the recent 30% gains it sealed in its sudden uptick which began on Friday last week. Bitcoin price (BTC) was challenging $9,500 on Oct. 29 as the largest cryptocurrency preserved its higher levels after a bullish breakout over the weekend. Cryptocurrency market daily overview.…
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The Future of Cryptocurrencies in the UK Hangs on FCA’s Decision

Can the U.K. draw inspiration from the UAE and China to regulate cryptos instead of banning them? FCA decides. Since the days of the British Empire, the United Kingdom has been one of the world’s largest and most influential economic powerhouses. Even though its financial control over the world has substantially decreased, the country is…
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Worldwide Google Searches for ‘Bitcoin’ Hit 3-Month High

Worldwide Google searches for “Bitcoin” have hit the highest level in three months, suggesting an overall shift in market sentiment as China supports blockchain. Worldwide Google searches for “Bitcoin” (BTC) — currently worth $9,400 — are now near a three-month high, according to Google Trends. Current interest is at the highest level since early August,…
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Bitmain CEO Ousts Co-Founder, Biggest Shareholder to ‘Save the Ship’

Sudden change at the top of the mining giant appears unexpected, with fellow co-founder Jihan Wu threatening staff who do not shun Micree Ketuan Zhan immediately. Altcoin Bitcoin Cash (BCH) has surged 10% in the past 24 hours after it emerged mining giant and major supporter Bitmain had fired a senior executive. Wu to staff:…
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