Over 600 Bitcoin ATMs went offline globally in 2 months
Law enforcement authorities are proactively seeking out and closing Bitcoin ATMs that are frequently involved in extortion and scams.
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Tether volume hits $600B as it attempts to take on Bitcoin as crypto’s benchmark
Tether accounts for a huge percentage of transactions and is taking on Bitcoin and Ethereum in a variety of ways The latest data from analytics providers suggest that cumulative Tether transaction volume has just surpassed $600 billion as it begins to dominate crypto exchange trading.On-chain analytics provider Glassnode has revealed that Tether transaction volume increased…
Coronavirus & Bitcoin Price: Is China Losing Its BTC Mining Monopoly?
This week the price of Bitcoin (BTC) surged more than 15%, reaching a high at $7,200 before pulling back into the $6,800 range. Despite the recovery, Bitcoin still has a way to go in order to reach the $8,000 level seen before the coronavirus-triggered selloff on March 12.Cryptocurrency market performance. Source: Coin360The drop had several…
Spot Bitcoin ETFs reverse 7-day outflow streak
As of June 25, the 11 spot Bitcoin funds that debuted in January have seen net inflows of $14.42 billion.
‘They didn’t see it coming:’ Podcaster Joe Rogan sees Bitcoin as a viable form of currency
Joe Rogan noted that Bitcoin is like the “early internet,” and the “government is freaking out” about BTC in conversation with the MMA fighter Khalil Rountree. 439 Total views 25 Total shares Popular podcaster Joe Rogan just gets Bitcoin (BTC). In his most recent podcast with Khalil Rountree, a renowned mixed martial (MMA) fighter, Rogan…
‘Bitcoin is a gambling token, and it doesn’t have any intrinsic value’ — Warren Buffett
The nonagenarian said there’s been an “explosion of gambling” while comparing Bitcoin to roulette, sports booking and chain letters. 937 Total views 1 Total shares Own this piece of history Collect this article as an NFTWarren Buffett once again took up his familiar role as conductor of the FUD train in yet another anti-cryptocurrency interview…
Crypto and securities: New interpretation of US Howey test gaining ground
The crypto community celebrated a victory in court on Jan. 30 when the United States Securities and Exchange Commission (SEC) admitted in the remedies hearing of the LBRY case that secondary sales of its LBC coin were not securities sales. John Deaton, who represents Ripple in court in the SEC’s case against it, was so…
Ethereum-based market platform unveils a new DAO
Gnosis shaped its DAO based on the concept of futarchy. 1810 Total views 14 Total shares Gnosis, an Ethereum-based platform that facilitates betting on events and other metrics, revealed plans for its own Decentralized Autonomous Organization, or DAO, called GnosisDAO.“This will have the effect of progressively decentralizing Gnosis as a project using a native governance…
Pakistani high court orders government to regulate crypto in three months
The SHC also asked for a report on deliberations surrounding crypto regulations within the same time period. 359 Total views 12 Total shares The High Court of Sindh (SHC), the highest judicial body in Pakistan’s Sindh Province, has asked the government to come up with modalities for cryptocurrency regulation.According to Pakistani English daily The Express…