After Switzerland Visit, Crypto Concerns Remain for US Regulators
Aug25

After Switzerland Visit, Crypto Concerns Remain for US Regulators

Following a visit to Switzerland to discuss Facebook’s Libra stablecoin, U.S. Representative Maxine Waters still has concerns about the project. Following a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra. Meetings with multiple agencies According to an official statement from Representative Maxine Waters, members...

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Bit Flyer Customers Can Now Enjoy Ethereum-Based Services
Aug25

Bit Flyer Customers Can Now Enjoy Ethereum-Based Services

Japanese crypto exchange Bit Flyer has recently announced that its American and European divisions will begin to offer Ethereum-based services to customers. Users will now have the option to trade, buy and sell the world’s second-largest cryptocurrency by market cap. Bit Flyer Is Moving Up the Financial Ladder Bit Flyer has been predominantly focused on bitcoin. No other currency has been available through the exchange, which for the...

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Symmetrical Triangle Pattern May Bolster Bitcoin Bulls
Aug25

Symmetrical Triangle Pattern May Bolster Bitcoin Bulls

Over the past couple of days Bitcoin has found itself caught within a relatively tight trading range and has continued to find strong support around $10,000. Although some analysts have claimed that this support level is wearing thin, BTC has yet to post a decisive break below this level in recent times. Now, multiple analysts are noting that Bitcoin has been forming a bullish technical formation that may lead to significantly further...

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Colorado Man Heading to Prison For Bitcoin Crimes
Aug25

Colorado Man Heading to Prison For Bitcoin Crimes

An Australian man living in Boulder, Colorado, has agreed to serve roughly one year and one day in a federal prison following narcotics offenses involving bitcoin.  Bitcoin Is Still the Subject of Digital Crime Emilio Testa, 32 years old, was sentenced last Thursday and will also serve a year of probation following the cease of his prison term. Testa originally began dealing in bitcoin back in 2016, claiming he wasn’t a fan of “banks”...

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Brave Expands Crypto Tipping to Reddit and Vimeo After Twitter
Aug25

Brave Expands Crypto Tipping to Reddit and Vimeo After Twitter

Blockchain-based internet browser startup Brave expanded its crypto tipping option by integrating it into Reddit and Vimeo. Blockchain-based internet browser Brave has continued expanding its crypto tipping option by integrating it into Reddit and Vimeo. Reddit and Vimeo follow Twitter Announced on Twitter on Aug. 21, a new version of Brave Browser enables users to tip on ad-free video platform Vimeo and social news site Reddit, using...

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Dallas Mavericks Become Second NBA Team to Welcome BTC
Aug25

Dallas Mavericks Become Second NBA Team to Welcome BTC

The Dallas Mavericks have become the latest sports team to allow bitcoin payments for both season tickets and related merchandise.  The Mavericks Are Paving the Way for BTC As of late, cryptocurrency has been growing in terms of how it’s being used. Originally, all cryptocurrencies were designed to replace fiat money and plastic credit cards, but their volatility ultimately got in the way. Price swings have inherently caused retailers...

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Bitcoin Unlikely to Plummet By Another 30%, Declares Analyst
Aug25

Bitcoin Unlikely to Plummet By Another 30%, Declares Analyst

As Bitcoin bulls have failed to maintain the momentum seen from April to late-June, fear has started to grip the cryptocurrency market. Related Reading: Bitcoin Price Rallies On Latest Trump Volley, Analysts Expect Further Upside Analysts are starting to suspect that BTC has further downside, despite the fact that it has already collapsed 35% from its year-to-date high of $14,000. Dave The Wave, for instance, has eyed $6,500 — which...

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Crypto News From Brazil: Week in Review
Aug25

Crypto News From Brazil: Week in Review

From Cointelegraph Brasil: regulators in the country have opened several enforcement actions against alleged crypto scams last week. Last week, Brazilian authorities took regulatory action against crypto-related businesses and several alleged cryptocurrency scams. Earlier this month, legal requirements for crypto-related business tightened in the country, when Brazil’s tax authority, the Department of Federal Revenue (RFB), introduced...

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Overstock Still Focusing on Crypto Despite Embattled CEO’s Departure
Aug25

Overstock Still Focusing on Crypto Despite Embattled CEO’s Departure

Overstock was one of the first major companies that expressed extreme interest in utilizing and adopting crypto – an interest that stemmed primarily from its previous CEO’s openness to the technology. Now that the company’s previous CEO – Patrick Byrne – has resigned due to controversy surrounding comments he made about his involvement in a multitude of FBI investigations, it is clear that Overstock’s interest in blockchain and crypto...

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Bitcoin Bombshell, Libra Rivals, Twitter Spats: Hodler’s Digest, Aug. 19–25
Aug25

Bitcoin Bombshell, Libra Rivals, Twitter Spats: Hodler’s Digest, Aug. 19–25

Binance unveils its own project to rival Facebook’s Libra, Bitcoin’s dominance may not be what we all thought, and WhatsApp plots digital payments launch. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week...

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HODL: 79% of Bitcoin Addresses Are in Profit, Will They Sell?
Aug25

HODL: 79% of Bitcoin Addresses Are in Profit, Will They Sell?

Bitcoin has undoubtedly had a stellar 2019 so far. Year to date, the cryptocurrency has gained some 200%, rallying from around $3,500 to $10,000. Related Reading: Bitcoin: Crypto-Like Global Monetary System To Be a Boon For BTC While this market’s whales have undoubtedly benefited from this performance, data suggests that a good majority of BTC users are actually profitable. Thousands of Bitcoin Users Are Profitable According to Into...

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Thai SEC Warns Public About New Crypto Scam Operating Overseas
Aug25

Thai SEC Warns Public About New Crypto Scam Operating Overseas

Thailand’s securities regulator warned the public about scam entities posing as legal crypto trading firms operating overseas. Thailand’s securities regulator has warned the public about scam entities posing as legal digital currency trading firms operating overseas. Investor losses are not known The Thai Securities and Exchange Commission (SEC) has discovered a new crypto scam where investors are lured into operating with companies...

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Internal Revenue Service Sends New Round of Letters to Crypto Holders
Aug25

Internal Revenue Service Sends New Round of Letters to Crypto Holders

The United States tax collecting and legislation authority, the Internal Revenue Service, sends a new round of letters to cryptocurrency holders. Last week, the United States Internal Revenue Service sent another round of letters to crypto traders called CP2000. These notices were sent to traders of some crypto exchanges due to inconsistencies found in their tax reports. Using the information provided by third-party systems — such as...

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Top-5 Crypto Performers: ETC, IOTA, ADA, TRX, XLM
Aug25

Top-5 Crypto Performers: ETC, IOTA, ADA, TRX, XLM

Some of the top performers of the past seven days are showing signs of a turnaround. Is it a good time to buy? Let’s look at the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Facebook’s...

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Kraken OTC Head: Bitcoin Is Not Safe Haven Yet
Aug25

Kraken OTC Head: Bitcoin Is Not Safe Haven Yet

Today’s digital assets trading industry is much like how Wall Street used to be, according to head of OTC at cryptocurrency exchange Kraken Nelson Minier. Head of over-the-counter (OTC) sales at cryptocurrency exchange Kraken Nelson Minier compared today’s cryptocurrency trading industry to how Wall Street used to be, adding that it is still too soon to call Bitcoin a safe haven for investors. During the Nasdaq TradeTalks interview...

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