Exposure to -1x the Daily Performance: Bitcoin.com Exchange Adds Inverse Token BTCSHORT
During the last few months, Bitcoin.com’s cryptocurrency exchange has added a number of new coins and features. Today, Bitcoin.com Exchange has added an Ethereum-based inverse token called "BTCSHORT," a token that gives users exposure to the inverse or -1x the ... read more.
Bitcoin.com Exchange Lists ESH Token Support Prior to John McAfee's Ghost Airdrop
In mid-April, news.Bitcoin.com reported John McAfee’s new privacy token called Ghost, as the former anti-virus tycoon detailed “governments will be unable to shut it down.” Ghost won’t be distributed in the usual fashion by leveraging an initial coin offering (ICO), ... read more.
Gox Rising Offers $800 per Bitcoin Claim to Buy out Mt Gox Creditors
Gox Rising has offered to buy out creditor claims from the collapsed cryptocurrency exchange Mt. Gox. The Brock Pierce-led outfit will pay $800 per bitcoin claim, either in BTC or cash, to creditors who are unwilling to wait for the ... read more.
Illegal to Own Gold? Hedge Fund Manager Warns Governments May Ban Gold Ownership
A well-known hedge fund manager has warned that governments may ban private gold ownership. He explained that central banks may attempt to demonetize gold, making it illegal for private individuals to own, as the authorities lose control of inflation amid ... read more.
Bitcoin Hashrate Slides 33% Since Halving - Difficulty Drops, Issues in Sichuan China
It’s been 11 days since the third bitcoin block reward halving. Data now shows that the overall SHA256 hashrate lost around 47 exahash per second (EH/s), since the all-time high of 140 EH/s on May 3. With more than 33% ... read more.
Craig Wright Submits List of Bitcoin Addresses to the Court - Roster Contains Spent Blocks
On May 21, 2020, the infamous Craig Wright, the man who claims to be Satoshi Nakamoto, submitted a list of blocks and bitcoin addresses to the court that stem from the alleged Tulip Trust. However, armchair sleuths and blockchain analysis ... read more.
Bitcoin Worth $282K from the 2016 Bitfinex Hack on the Move
The cryptocurrency community has noticed a number of bitcoins from the August 2, 2016, Bitfinex breach has been moved. A small 30 BTC transaction ($282,000) from the stash has moved from the hacker’s address to an unknown bitcoin address. The ... read more.
Iranian President Calls for Launching a Cryptocurrency Mining Strategy
Iranian President Hassan Rouhani has called for a mining strategy throughout the oil-rich nation. The latest statements from the Iranian President follows Iran’s moves to restrict specific crypto trading platforms over “currency smuggling” mandates. On May 20, 2020, Iran’s President ... read more.
Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail
Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals ... read more.
Market Outlook: Golden Cross Invalidated, Andreessen Horowitz Predicts ‘Fourth Crypto Cycle’
The price of bitcoin and a number of other popular cryptocurrencies have been collectively holding a market valuation of around $255 billion. The fiat value of these cryptocurrencies has slipped downwards during the last four days. Despite the weekly losses ... read more.
Hacker Attempts to Sell Data Allegedly Tied to Ledger, Trezor, Bnktothefuture Customers
According to an online monitoring web portal called, Under the Breach, a hacker is purportedly trying to sell customer information that stems from companies like Keepkey, Trezor, Ledger, and even the investment platform Bnktothefuture. The hacker doesn't seem to have ... read more.
US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level
The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments. The impact of the ... read more.
This Is Not Capitalism: How Covid-19 Shined a Light on America’s Fascist System
In the last few months, giant American corporations and financial incumbents that are subsidized by the U.S. government, have profited immensely during the coronavirus outbreak. This has caused certain groups of people and those who despise wealth to claim that ... read more.
Eight Countries That Don't Tax Your Bitcoin Gains
As world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there are still a few countries that remain pro-crypto, allowing investors ... read more.
Goldman Sachs Hosting Bitcoin Call as Institutional Interest in Cryptocurrency Surges
As interest in cryptocurrency grows among institutional investors, global investment banks, like Goldman Sachs and JPMorgan Chase, are reexamining their views about bitcoin. Goldman Sachs is hosting a call for its clients to learn about the implications of current policies ... read more.
Bitcoin Cash Tokenization Bolstered by the Creation of an SLP Foundation
On Monday, Bitcoin Cash (BCH) supporters were introduced to a Simple Ledger Protocol alliance called the SLP Foundation. According to the initial members, the SLP Foundation has been in the works since December 2019, and the primary goal is to ... read more.
Swiss Government Rejects $103 Million Bailout for Crypto Companies Battered by Coronavirus
Switzerland's government has rejected a 100 million franc ($103 million) bailout for local cryptocurrency companies battered by the coronavirus economy, local media reported. Zug finance director Heinz Taennler requested the special funding package in April. He planned to issue out ... read more.
IMF Predicts Banks Will Struggle at Least 5 More Years After Global Economy Recovers
The International Monetary Fund (IMF) has predicted that banks will struggle to generate profits at least five years after the global economy recovers from the coronavirus-led economic crisis. The IMF explained that banks were struggling even before the covid-19 pandemic ... read more.
$9M and Over 4,500 Fusions - Bitcoin Cash Supporters Anticipate the Cashfusion Audit
Since November 28, 2019, the Cashfusion protocol has helped facilitate 4,583 fusions to-date with roughly 40,564 bitcoin cash ($9.1M). Cashfusion is an extension of the Cashshuffle platform and the protocol has been deemed “far more practical than other coinjoin protocols.” ... read more.
Bitcoin Risks Turning Bearish Due to Declining Market Health, Says Glassnode
Bitcoin (BTC) risks sliding back into bearish territory should onchain activity and overall market health continue to decline, warns analytics firm Glassnode. The latest market update from Glassnode shows that the GNI index, which measures the overall state of the ... read more.
Despite Trust Model Debates, Ethereum Is Bitcoin's Largest Sidechain by Total Value Locked
The Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped Bitcoin (WBTC) has close to 4,000 BTC ($34.7M) held in reserves, while the Lightning Network has ... read more.
Bull Run Imminent? Hodl Waves Chart Shows 60% of Bitcoin Hasn't Moved in a Year
According to the creator of the analytical bitcoin data web portal, Look Into Bitcoin, a chart often referred to as ‘Hodl Waves’ shows a bull run could be imminent. The web portal’s analyst Phillip Swift recently tweeted that 60% of ... read more.
Bitwage and Gemini Partner to Launch Bitcoin-Based Retirement Plan for Employees
Cryptocurrency payroll service Bitwage has announced the launch of a Bitcoin 401 (k) plan, allowing companies to give their employees a BTC-based retirement plan. In a press statement, Bitwage, which claims to have tested the product on its own employees ... read more.
Bitmain Cofounder Allegedly Expelled - Could Face Litigation for Operation Interference
One of the largest ASIC mining manufacturers worldwide, Bitmain, has allegedly ousted cofounder Micree Zhan. Regional reports note that he’s been threatened with litigation if he interferes with company operations. According to two local announcements written in Chinese, Bitmain has ... read more.
Trump Threatens to Close Down Social Media Platforms After Twitter Tampers With His Tweets
A row with Twitter has provoked U.S. President Donald Trump to threaten to close down social media platforms. This follows Twitter tampering with Trump's tweets to alert people to fact check his claims. Trump is further outraged by Twitter's use ... read more.
Bitcoin Suisse: Users Can Now Trade Gold Against Bitcoin and Ethereum
Swiss crypto financial firm Bitcoin Suisse has added gold, silver, and platinum to its platform, allowing users to trade the precious metals against both bitcoin (BTC) and ether (ETH), as well as five other major fiat currencies. The precious metal ... read more.
Leading Australian Regulated Micro-Investing App Adds Bitcoin Option for Investors
Popular demand for cryptocurrency has prompted Australia's leading micro-investing platform Raiz (formerly Acorns) to add a bitcoin investment option. Individual investors can round up their spare change and regularly invest in a bitcoin investment portfolio. Leading Australian Micro-Investing App Now ... read more.
Cryptocurrencies Spread 4X Faster in Undeveloped Countries: Blockchain Analysis Report
During the month of April, the blockchain project Onfo initiated an experiment to see how fast crypto assets can gain popularity in four different countries. The team’s findings discovered that cryptocurrencies spread four times faster in developing nations as opposed ... read more.
Grayscale: Central Bank Digital Currencies Will ‘Neither Replace nor Harm Scarce, Uncompromising Bitcoin’
Central bank digital currencies (CBDCs) pose no threat to Bitcoin's value proposition, instead, they will spur its growth toward mass adoption. In a new report, Grayscale Investments said CBDCs will never replace BTC because unlike the top cryptocurrency, they can ... read more.
The Many Facts Pointing to Adam Back Being Satoshi
During the last year, news.Bitcoin.com created a series that shows the many facts that point to certain individuals who might just be Satoshi Nakamoto and it’s been a popular run so far. Our series has covered nearly everyone, but there ... read more.
JPMorgan to Pay $2.5 Million to Settle Lawsuit for Overcharging Crypto Fees
JPMorgan Chase has reportedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. Originally filed in 2018, the suit alleges that the bank overcharged customers for buying cryptocurrencies using Chase credit cards, classifying the purchases as cash advances. ... read more.
Grayscale Bitcoin Trust Buys Over 1.5 Times Total BTC Mined Since Halving
Grayscale Investments has purchased more than 1.5 times the number of bitcoins mined since the third Bitcoin halving for its bitcoin trust. This indicates that there is a strong institutional demand for the cryptocurrency, which is expected to grow significantly ... read more.
