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Bitcoin Price Stable, Altcoins Send Mixed Signals After Fresh Gains

Bitcoin Price Stable, Altcoins Send Mixed Signals After Fresh Gains

Friday, Aug. 30 — after seeing some growth on the day, crypto markets are trading sideways, with top-20 coins by market cap sending mixed signals.Market visualization. Source: Coin360Bitcoin (BTC), which managed to climb over $9,600 earlier today, is now trading at $9,531, up around 0.1% on the day at press time. Bitcoin dropped below the…
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Is Blockchain Payments Integration In Messenger Apps Good For Crypto?

Is Blockchain Payments Integration in Messenger Apps Good for Crypto?

Many cryptocurrency analysts and industry representatives are predicting that the increasing integration of blockchain payments with messenger apps will comprise the catalyst for the next wave of mainstream distributed ledger technology (DLT) adoption.However, critics are warning that the blockchain payments integrated with messenger apps may undermine many of the core values underpinning cryptocurrency.  They predict…
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Unconfirmed: Boeing Joins IBM On Hedera Hashgraph’s Governing Council

Unconfirmed: Boeing Joins IBM on Hedera Hashgraph’s Governing Council

Major global aerospace manufacturer Boeing has reportedly joined the governing council of enterprise-focused decentralized network Hedera Hashgraph.Ten members so farThe American aircraft giant is the 10th firm in the list of Hedera’s governing council members, including tech giant IBM, Japanese financial holding company Nomura Holdings, Indian telecom Tata Communications and financial services firm FIS Global,…
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Nevada: Bitcoin ATMs, Other Services Should “Request Licensure Determination”

Nevada is bringing bitcoin ATMs more directly into the scope of its money transmitting regulations. The Nevada Financial Institutions Division (NFID) released a memo clarifying how bitcoin businesses, specifically those that facilitate exchange, may be regulated under existing state laws. “Over time, the NFID has monitored the growth and expansion of the blockchain, bitcoin, and…
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Op Ed: Portugal Clarified Its Bitcoin Tax Code; Other Nations Should Take Note

Portugal is a standout in the EU for its less conventional, more progressive approaches to certain areas of public policy. It was the first (and still the only) country in the EU to decriminalize all drugs — a radical solution that has had the salutary effect of combating addiction and drug overdoses.  The Iberian country…
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Research Paper: Bitcoin Disrupts International Monetary Policy

Research Paper: Bitcoin Disrupts International Monetary Policy

Can cryptocurrencies like bitcoin wreck central banking? “The short answer is yes,” wrote Pierpaolo Benigno, a professor of economics at Rome’s Libera Università Internazionale degli Studi Sociali (LUISS), in an article published on April 26, 2019.  On August 19, 2019, Benigno and two other economists, Linda M. Schilling and Harald Uhlig, published a paper expanding…
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Bitwala Launches Mobile App for Bitcoin Banking

Bitwala, a blockchain banking service based in Germany, has launched a mobile application that lets users open a German bank account with an integrated bitcoin wallet on their smartphones. “Berlin-based Bitwala enables customers in more than 30 European countries to buy, sell, and store bitcoin,” according to a press release shared with Bitcoin Magazine. “The…
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