Tag: bitcoin trader

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PwC Analyst: Blockchain Gives ‘Illusion of Traceability’ for Walmart

Auditors allege the biggest hurdle facing the blockchain systems being adopted by food retail giants such as Walmart and Nestlé has nothing to do with the technology itself. Experts allege the biggest hurdle facing the blockchain systems being adopted by food retail  giants such as Walmart and Nestlé has nothing to do with the technology…
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Hong Kong Steps Up Research Into Central Bank Digital Currency

The Hong Kong Monetary Authority has revealed it will publish its research into applications for a central bank digital currency by Q1 2020. The Hong Kong Monetary Authority (HKMA) has revealed it is conducting research into applications for a central bank digital currency (CBDC). Ejinsight reported on the news — announced during the Hong Kong…
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Bitcoin and Altcoins Struggle to Move Higher

After a failed upside attempt near the USD 9,500 resistance, bitcoin started a fresh downward move. BTC/USD traded below the USD 9,400 and USD 9,350 levels. It is currently (08:00 UTC) declining and may test USD 9,200 or USD 9,050. Similarly, altcoins struggled to continue higher and correcting gains, including ethereum, ripple, bitcoin cash, litecoin,…
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Max Keiser: Bitcoin’s ‘Self-Settlement’ Is a Revolution Against Dollar

Transacting in both paper and the precious metal involves “friction,” whereas Bitcoin combines settlement and transacting, says the Wall Street veteran. Bitcoin (BTC) beats both fiat currency and gold because it does not need settlement, RT host Max Keiser has said. In the latest episode of the network’s Keiser Report on Nov. 7, the well-known…
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Tezos Price Rallies, Beats 99 Cryptos on Coinbase, OKEx News

On Thursday morning (UTC time), Tezos (XTZ) is the best-performing coin among the top 100 by market capitalization, surging on news from two major cryptocurrency exchanges. At pixel time (06:32 UTC), XTZ, ranked 19th by market capitalization, trades at c. USD 1.15 and is up by 27% in the past 24 hours and by 31%…
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Why Are Gamblers Choosing to Gamble with Bitcoin?

Disclaimer: The text below is a press release. _________________ Bitcoin gambling is becoming increasingly popular these days. Many Online casinos are integrating virtual currencies into their payment systems and players all around the world are switching to the new popular solutions. After the events of December 2017, the attention of the whole world was glued…
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Russia: New Law Would Let Police Confiscate Bitcoin From 2021

A project by the interior ministry and other entities even includes creating dedicated government wallets for transferring of seized funds. Russia is planning on creating legal statutes allowing the government to achieve the impossible: confiscation of Bitcoin (BTC).  As local financial news outlet RBC reported on Nov. 7 citing sources familiar with the matter, Russia’s…
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Russian Crypto Law Could Sideline Bitcoin, Ethereum and Other Altcoins

As Russia’s crypto legislation is taking a confusing shape, local experts do not rule out that it might effectively stop Russians from legally trading in Bitcoin, Ethereum and other major altcoins on regulated domestic exchanges. “Until the full text of the amended bill is published, it is impossible to say anything for certain, especially as…
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Bitcoin Buyers for Square’s Cash App Doubled in Q3 2019

Square’s Cash App reports that first-time Bitcoin buyers almost doubled in Q3 2019, despite the low profit margin on BTC sales. According to its Q3 2019 shareholder letter, Square’s Cash App reported many new first-time Bitcoin (BTC) buyers, but low profits related to its Bitcoin business. On Nov. 6, payment processing giant Square issued a…
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Australian Home Affairs Minister Says Terrorists Use Crypto to Obfuscate Crimes

Australian Minister of Home Affairs Peter Dutton warned that terrorists are exploiting cryptocurrencies to “fund their deadly missions.” The Australian Minister of Home Affairs Peter Dutton warned that terrorists are exploiting cryptocurrencies to “fund their deadly missions.” During a counter-terror conference in Melbourne on Nov. 7, Dutton said that the anonymity of cryptocurrencies allow extremists…
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