Chief Commercial Officer of global crypto payment processor BitPay, Sonny Singh, has ventured that Bitcoin could hit $15,000 to $20,000 by the end of 2019. The Chief Commercial Officer (COO) of global crypto payment processor BitPay has ventured that Bitcoin (BTC) will hit $15,000 to $20,000 by the end of 2019. The COO, Sonny Singh, […]
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The Gibraltar Blockchain Exchange is now a fully licenced provider of Distributed Ledger Technology. The Gibraltar Blockchain Exchange (GBX) has secured a license from the Gibraltar Financial Services Commission (GFSC), according to a company blog post Nov. 22. The GBX was established in July of this year by the Gibraltar Stock Exchange (GSX). The platform […]
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Coinbase has lost a key member of its senior executive team, Bloomberg reports. The head of policy at Coinbase has left the U.S.’ largest exchange and wallet provider to work at investment giant Andreessen Horowitz, Bloomberg quotes a statement as confirming Nov. 22. Mike Lempres, who worked only briefly in the role after swapping over […]
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Chinese crypto miners are reportedly selling their mining equipment “by kilo,” as they have reached the “shutdown price” amidst the recent market crash. Cryptocurrency mining operations in China are reportedly selling mining machines by weight, as opposed to price per unit. This selloff was reported by local Chinese crypto outlet 8BTC Wednesday, Nov. 21, with […]
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Norway has struck a blow to its domestic crypto mining industry by acting to end electricity subsidies for BTC mining facilities. Norway has acting to end electricity subsidies for Bitcoin (BTC) mining facilities, Norway’s largest printed newspaper Aftenposten reported Nov. 21. Until now, mining farms — in keeping with other power-intensive industries — paid a […]
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Industry experts weigh in on the leading factors behind a massive slump in the cryptocurrency markets. Over the last 10 days the cryptocurrency markets have endured a massive sell-off across the board. There are a number of reasons that have led to the highly bearish sentiments on the market but seeing red has been difficult […]
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After a period of tumult, the crypto markets are today somewhat calmer, with most of the top ten cryptos seeing only mild losses. Thursday, Nov. 22: after a period of tumult, the crypto markets are today somewhat calmer, with most of the top ten cryptocurrencies seeing only mild losses capped beneath a 3 percent range. […]
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French authorities are sending mixed signals about the legitimacy of an agreement to sell Bitcoin at tobacco kiosks from January 2019. France’s tobacco federation, the Fédération des Buralistes, has obtained permission to sell Bitcoin (BTC) at tobacconists from January 2019, privately owned French radio network Europe 1 reported Nov. 21. In a deal with French […]
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Police in northern India have filed a chargesheet against four suspects accused of scamming a victim out of $0.8 – 1.4 million in a crypto investment fraud. Police in the northern Indian city of Chandigarh have filed a chargesheet against four suspects accused of scamming a victim out of ₹6-10 crore ($0.8 – 1.4 million) […]
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The fallout from Coinbase’s December 2017 Bitcoin Cash release continues with a fresh lawsuit suing for damages. Users who filed a class action lawsuit against U.S. cryptocurrency exchange and wallet provider Coinbase will now go to court Jan. 31, 2019, new court documents filed Nov. 20 confirm. The lawsuit, which Jeffery Berk filed earlier this […]
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