Bitcoin’s strong monthly close could spark a rally in XRP, TAO, RUNE and SEI
Bitcoin is en route to locking in a historic monthly performance, which could set a bullish path for XRP, TAO, RUNE, and SEI.
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New Report Sees Blockchain as Possible Cure for Labor Market Woes
A new report from the American Council on Education argues that blockchain technology can help to restore individuals’ control over their credentials and better equip them in an increasingly insecure global labor market.Funded by the United States Department of Education, the report was published June 8, drawing its conclusions based upon research conducted from November…
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FBI Arrests Russian Rapper For Crypto Money Laundering, Cites Damning Instagram
United States authorities have arrested a Russian national under allegations of money laundering — using his Instagram that promoted his rap career as evidence against him.Per court filings unsealed on March 30, an FBI investigator alleged that Maksim Boiko laundered money using cryptocurrencies, including via disgraced exchange BTC-e. The authorities also say that Boiko conspired…
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Bitcoin Revolution Meets Protestant Reformation, Crypto Drives Change?
A bit of historical research was making the rounds on social media recently, a monograph that compares the 21st century emergence of Bitcoin, encryption, the internet and millennials with the Protestant Reformation that shook Europe in the 16th and 17th centuries. The two events have similar dynamics, argues Tuur Demeester, whose white paper, “The Bitcoin Reformation,”…
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Analyst puts Bitcoin price at $30K next month with breakout due
Bitcoin (BTC) “will break out significantly” in the next month, with an upside target of $30,000.That was the latest prediction from Michaël van de Poppe, founder and CEO of trading firm Eight.Analyst on November price target: "My guess is probably $30K"In a tweet on Oct. 25, Van de Poppe joined a growing number of analysts…
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Europe Takes Serious Steps Toward Blockchain Adoption
After months of monitoring and observing the “promising and challenging” potential of distributed ledger technology (DLT), the European Union (EU) is finally making a turn into the blockchain industry.How it all startedBack in February 2018, the European Commission (EC) launched the EU Blockchain Observatory and Forum, aimed to support European cross-border engagement with the technology…
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Is ETC 102% Screwed After Second 51% Attack?
Ethereum Classic has suffered its second 51% attack in a week after 4,000 blocks were reorganized earlier today. Ethereum Classic (ETC) has suffered a second 51% attack in less than one week, bringing the ongoing security of the network into question.On August 6, Etherchain.org tweeted that its affiliated mining pool Ethermine had disabled ETC pool…
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Brazil’s Congress moves to levy higher taxes on cryptocurrencies
If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets. 175 Total views 2 Total shares Brazilian lawmakers are moving forward with a legislation that would raise taxes on cryptocurrencies held overseas. According to local reports, a congressional committee has approved amendments to a…
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Bitcoin dominance bounces back to 57% as BTC punches to $104K
Calls for altseason are a little quieter as Bitcoin dominance recovered, surging past $100,000 for the first time in history.