Bloomberg suggests that the price of Bitcoin is stabilizing at six times the price of gold, yet it contends that the asset is still undervalued. In its crypto outlook for August, Bloomberg contends that the price of Bitcoin (BTC) is stabilizing at six times the price of an ounce of gold. This speculation came shortly […]
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Since the time Ethereum was born, the crypto-tax landscape has dramatically changed, and that is where we are now. As important as Ethereum has become, even eclipsing Bitcoin (BTC) in some circles, it is no wonder that its fifth birthday has prompted comments — some prophetic, others nostalgic. Few, however, will mark the occasion by […]
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AI development and evolution can significantly improve blockchain tech and the crypto industry, from security to trading. From performing simple commands on smartphones using Alexa or Siri to high-end technical operations in big tech firms, one thing is sure: Ease is a necessity in the modern human experience. The 21st century has marked a rapid […]
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A fresh surge for BTC/USD sees bears increasingly left behind as the weekend’s $1,200 drop gets almost canceled out. Bitcoin (BTC) soared past the key technical resistance level of $11,500 and past $11,600 on Aug. 5 as a fresh round of bullish sentiment canceled out more of last weekend’s plunge. Cryptocurrency market daily snapshot Aug. […]
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Coinbase Wallet now allows to register and store “.crypto” domains, featuring payments through domain handles instead of cryptographic addresses. Coinbase Wallet, a service of the largest crypto exchange in the United States, now supports “.crypto” domains via an integration with blockchain domain provider Unstoppable Domains. Coinbase users can now send payments to each other by […]
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“Deregulating Bitcoins and other cryptocurrencies may not necessarily promote technical innovation,” says Japan’s new top financial regulator. Ryozo Himino, the new commissioner of Japan’s Financial Services Agency, says the agency is wary of deregulating private cryptocurrencies. Noting that the COVID-19 pandemic could accelerate the transition to a cashless society, Himono instead emphasized the potential role […]
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The alleged dealers involved in Germany’s largest Bitcoin-enabled darknet narcotics marketplace will stand trial today. The alleged dealers involved in “Chemical Revolution” — Germany’s largest darknet narcotics marketplace — will stand trial today. The high number of initial defendants in the case has meant the trial is being held in a congress hall in Giessen, […]
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The digital art scene is becoming a hotbed of activity for non-fungible tokens. Digital art marketplace ‘SuperRare’ has surpassed $1.6 million in cumulative trade volume as buyers become more comfortable with the concept of art sold as non-fungible tokens. The marketplace started the year with $344,000 in platform sales volume, but has seen that figure […]
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Five months after Indian courts lifted the blanket ban on crypto, an official said the government is considering a new law banning crypto. An Indian government official has claimed that two ministries and the Reserve Bank of India are actively working on a legal framework to ban cryptocurrencies on the subcontinent. According to a Aug. […]
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The ‘Wolf of All Streets’ offers suggestions for how to protect one’s crypto assets and identity after his SIM was compromised in February. Scott Melker, also known as the “Wolf of All Streets,” says he was the victim of a SIM swap attack in February but managed to avoid losing any crypto assets. In a […]
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