Bitcoin transaction fees are on the rise again. Fees shot up more than 350% during the last thirty days to Oct. 22. The most significant increase occurred in the last week, as the price of bitcoin soared on growing institutional interest. According to data by Bitinfocharts, it cost an average of $5.75 to send a
Month: October 2020
Stuart Hoegner, general counsel for Tether and cryptocurrency exchange Bitfinex, is pushing back against claims the stablecoin operator has abandoned podcaster Peter McCormack in his lawsuit against Craig Wright, the Australian national claiming to be Satoshi Nakamoto. In an Oct. 24 tweet from Hoegner, the general counsel called a recent article from crypto media platform
Those new to investing might think that professional traders spend the majority of their time staring at screens day and night in order to analyze the markets and pick the best trades but this could not be farther away from the truth. Having a good eye isn’t what differentiates top traders from average ones, it’s
As of right now bitcoin still looks very good at $13,000, however in this video i will show you how bitcoin can reach $1.391m using simple math. more specifically I will discuss number behind adoption and user growth. Open an IRA with iTrustCapital and buy Bitcoin and other Cryptocurrency Tax-Free! ➤Link: http://itrustcapital.com/?referralcode=AIMSTONE ➤Use my code
The Bitcoin Cash (BCH) upgrade is 21 days away and there’s a possibility the blockchain may bifurcate on November 15. On Sunday, October 25, statistics show that 731 out of the last 1,000 blocks have been mined using the BCHN full node software. Bitcoin Cash proponents are patiently waiting for the next BCH upgrade that’s
The United States faces a growing threat of transnational cybercrime, particularly against its financial system. In what may be the largest prosecution of its kind in U.S. history, the U.S. Department of Justice has charged Texas tech billionaire Bob Brockman in a 39-count indictment with evading $2 billion in taxes. The businessman used encrypted devices
The leading cryptocurrency plunged around $500 in the span of three minutes just minutes ago. Bitcoin now trades for $13,000 after hitting $12,700 briefly. Analysts remain confident after that rapid move lower. Bitcoin Prices Dives Under $13,000 After Hitting New Year High What a chaotic past few days it has been for Bitcoin. The leading
In a time of global crisis, a pandemic, and a generally unstable political and social environment, cryptocurrencies have shown remarkable stability. Moreover, the pandemic-induced economic downturn played into the hands of the industry by not only attracting professional cryptocurrency traders but also reviving mining as a way of generating passive income. It is not surprising
The Many Facts Pointing to Paul Le Roux Being Satoshi Nakamoto The 48-year old former programmer and criminal cartel boss, Paul Calder Le Roux, was deemed a Satoshi Nakamoto suspect in the spring of 2019. The suspicion caused a few people to believe Le Roux is the most credible Satoshi yet, … read more. Philippines
The ease of laundering money in the U.S. before 1970 boggles the mind. Prior to the Bank Secrecy Act (BSA) of that year, there were no federal standards for banks to keep records on activity that fell under the category of “suspicious.” There were also no consistent reporting requirements — it was the BSA that
What is the best cryptocurrency investment in November 2020? What is the best way to allocate a cryptocurrency portfolio for a newbie? Elliot of @EllioTrades Crypto joins us to discuss cryptocurrency investing into 2021! *Not Financial Advice Watch the full conversation: https://youtu.be/EuL8LczOEH8 Subscribe to Elliot here: https://www.youtube.com/channel/UCMtJYS0PrtiUwlk6zjGDEMA Should I buy bitcoin or ethereum? Is ethereum
PRESS RELEASE. Beaxy Exchange is running a one-of-a-kind match bonus program that will double your deposit up to $500. For example, when you enroll in the program and deposit $1,000 worth of fiat or crypto, you will receive an additional 500 USDC to use for trading. How to Trade with More on Beaxy Doubling your
China’s central bank, the People’s Bank of China (PBOC), published a draft law this Friday that aims to provide regulatory framework and legitimacy for a forthcoming central bank digital currency (CBDC), the digital yuan. The draft law states that the yuan is the official currency of the People’s Republic of China whether in physical or
Virgil Griffith, the former Ethereum Foundation researcher accused of conspiring to violate U.S. sanctions against the Democratic People’s Republic of Korea, filed a motion on Thursday to dismiss the charge against him on the grounds that prosecutors from the Southern District of New York have failed to properly state Griffith’s crime. Griffith, 37, was arrested
Bitcoin has enjoyed a strong rally over the past few months as macro trends have favored its growth. The rally comes as an increasing number of investors, both within crypto and out of crypto, have realized there is a growing fundamental value in owning Bitcoin. Bill Barhydt, CEO of Abra, made this much clear when
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There has been a hot political debate underway on who should take responsibility for countering North Korean hacks targeting South Korean cryptocurrency exchanges. Recently, South Korea’s financial watchdog made it clear that they do not see this issue as any of their business. According to Fn News, the Financial Services Commission, or FSC, has replied
Gemini crypto exchange founders Tyler and Cameron Winklevoss said that Bitcoin (BTC) will eventually hit $500,000 per coin during a recent interview with podcast host Peter McCormack. “The question in our mind is not so much does it get to $500,000, but how quickly,” Tyler told McCormack during the Oct. 23 podcast episode. His thesis
Is BITCOIN a good investment? Is BITCOIN safe? Is BITCOIN the future of money? Is BITCOIN a scam or legit? Is BITCOIN still worth it? Is BITCOIN a good investment worth investing in 2020 and 2021? Is BITCOIN still worth buying now? In today’s episode, I will answer all of these questions and leave you
A great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule. This month 25 Virtual Asset Service Providers (VASPs) published a paper that outlines how American-based VASPs aim to comply with the FATF Travel Rule. Digital currency companies, otherwise known as Virtual Asset
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