Trump election victory could push Bitcoin to $92K, says Bitwise exec
Jeff Park says “merger arb-style probability math” may mean Bitcoin rallies to $92,000 following a Trump victory.
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West Virginia Offers Overseas Residents Blockchain Voting Option for Midterm Elections
U.S. troops serving overseas will be able to use a smartphone app based on blockchain technology for casting federal election ballots in West Virginia this November, CNN reports August 6. The mobile voting platform, Voatz, employes facial recognition software to ensure that each voter matches their government-issued identification. CNN notes that the West Virginia will…

France Creates G7 Taskforce to Examine Facebook’s Libra, Crypto Regulation
A G7 taskforce is being created to examine how central banks can regulate cryptocurrencies such as Facebook’s libra, Reuters reported on June 21.Francois Villeroy de Galhau, the governor of France’s central bank, said:“We want to combine being open to innovation with firmness on regulation. This is in everyone’s interest.”Although Paris has said it is not against Facebook creating a financial instrument,…

Coinbase Users Now Have ‘Recharge’ Capabilities With Bitcoin Lightning Network
Bitrefill has made it possible for users of major American crypto exchange and wallet service Coinbase to access its full suite of Lightning Network (LN) services directly from within their native exchange accounts. The news was revealed in an official tweet from Bitrefill on June 25.The capability comes as part of Bitrefill’s new Thor API,…

Guy Who ‘Lost’ 4 BTC on Lightning Network Has Recovered Most Funds
One month on, a Redditor who “lost” 4 Bitcoin (BTC) on the Lightning Network has published advice based on his experience.In a thread posted to the r/Bitcoin community on Dec. 1, Redditor ZipoTm revealed that the Lightning community had given him “huge support” by helping him to save his coins, with most of them now…

Crypto ATMs continue to boom globally in 2020
New machines are now coming online at a rate of nearly 1 per hour 368 Total views 10 Total shares In 2013 the world saw the debut of the first-ever Bitcoin ATM when a company called Robocoin placed a machine in a Vancouver coffee shop. Allowing customers to trade Bitcoin for cash, and vice versa,…

India to set maximum penalty for violating crypto norms at fine of $2.7 million or 1.5 years in jail
The country wishes to see all crypto activities take place on platforms regulated by SEBI. 1608 Total views 20 Total shares On Tuesday, BloombergQuint (Bloomberg India) reported that the penalty for non-compliance with the Indian government's crypto policies could range from a maximum fine of 20 crore rupees ($2.7 million dollars) or 1.5 years in…

Bitcoin’s weekend rally fizzles under $64K — Pro traders take neutral positions
Professional Bitcoin traders have yet to hop on the wagon after BTC’s weekend rally. Cointelegraph explains why.

Plaintiffs amend complaint in Tether lawsuit for alleged USDT scheme
The class-action lawsuit alleges Tether and Bitfinix conspired to manipulate crypto market prices.