August 2019 | Last Cryptocurrency News Feed

Bitcoin Below $9,500: Don’t Panic, Says John McAfee as His Exile Continues

Popular cryptocurrency commentator and veteran entrepreneur John McAfee tweeted that people shouldn’t panic over the price of Bitcoin dropping below $9,500. The serial entrepreneur is a well-known Bitcoin proponent and has expressed optimism about the cryptocurrency in the long term multiple times. However, his exile continues as he has admitted to not filing tax returns…

Cointelegraph Feed

Crypto News From Brazil and Portugal: Aug. 24-31 in Review

This week saw major expansion of crypto payments in Brazil, new standards freeing Bitcoin from Portuguese taxes, and the allegedly fraudulent Grupo Bitcoin Banco’s refusal to pay clients their deposited funds. Brazil's central bank adopts IMF guidelinesBrazil’s central bank announced that it would classify cryptocurrencies according to International Monetary Fund (IMF) guidelines on Aug. 26. With…

Cointelegraph Feed

US Air Force Steps Up Blockchain Use: What Else Is the Pentagon Up To?

This week saw twin reports from smart contract startup Simba Chain and blockchain data management firm Constellation, both of whom announced contracts with the United States Air Force. New utility in USAFJudging by these developments, the U.S. Air Force is looking seriously at new tech to shore up supply chains and rearrange data. Simba Chain has…

Cryptocurrency News Feeds

Ripple Price Analysis: XRP Holds Strong Against BTC, but Can the Bulls Regain Control?

XRP has seen a sharp decline of 10.49% over the previous week, bringing its price to $0.2566. The cryptocurrency’s price has fallen 21% over the past 30 days and 37% over the past 3 months. XRP remains the third-largest cryptocurrency by market value with a market cap of $11.07 billion. Looking at the XRP/USD 1-day…

Cointelegraph Feed

Crypto News From the Spanish-Speaking World: Aug. 24-31 in Review

The Spanish-speaking world saw a number major developments this week, with several companies accepting cryptocurrencies as a form of payment and the Venezuelan government making new claims about the use and acceptance of the controversial Petro coin.Here’s the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español.Spain: Eurocoinpay introduces…

Cointelegraph Feed

How Facebook Libra Is Seeking Compliance, but May Not Launch by 2020

For the cryptosphere, August was marked by the hotly debated announcements of world giants regarding the releases of international cryptocurrencies. The People’s Bank of China (PBoC) announced the imminent release of a national digital currency, Walmart began developing its own blockchain, Binance launching the Venus project, and Pavel Durov’s TON finally shared its release date.The…

Cointelegraph Feed

Kyrgyzstan Proposes Draft Law to Introduce Crypto Mining Taxation

On Aug. 28, the Ministry of Economy of Kyrgyzstan has submitted the draft law “On Amending the Tax Code” with the aim of introducing cryptocurrency mining taxation.New tax proposalAccording to news outlet Kabar, the draft law was specifically developed to allow for the possible taxation of crypto mining.The taxation on cryptocurrency mining is expected to…

Cointelegraph Feed

US-China Trade War and Its Effect on Cryptocurrencies

The People’s Bank of China (PBoC), the country’s central bank, has announced that it is planning to launch a central bank digital currency (CBDC), inspired in part by Facebook’s Libra project. David Marcus, the head of Facebook cryptocurrency wallet Calibra, and known as the co-creator of the company’s venture into cryptocurrencies, had this to say on…

Cryptocurrency News Feeds

Ripple Price Analysis: XRP Holds Strong Against BTC But Can The Bulls Regain Control?

XRP has seen a sharp decrease of 10.49% over the previous week, bringing its price to $0.2566. The cryptocurrency lost 21% over the past 30 days and 37% over the past 3 months. XRP remains the third-largest cryptocurrency with a market cap of $11.07 billion. Looking at the XRP/USD 1-Day Chart: Since our previous XRP/USD…

Bitcoin Magazine Feed

Bitcoin Magazine’s Week in Review: Bitcoin in Focus

This week saw another twist in the Craig Wright saga, LocalBitcoins move away from anonymous trading with its new KYC/AML requirements, Shopify welcome the Lightning Network and Chainalysis assert that not as many bitcoin as some people think are connected to illicit services. Craig Wright Suffers Loss Craig Wright, one of the most infamous names…