Bitfinex announces removal of current high frequency/size fiat withdrawal fees
May21

Bitfinex announces removal of current high frequency/size fiat withdrawal fees

The story will be updated. Bitfinex, one of the most controversial cryptocurrency exchanges, announced that it would be removing “current high frequency/size fiat withdrawal fees on Bitfinex”. The exchange stated that the move of providing “low-cost fiat withdrawals” was made solely for its “loyal users”. The exchange also stated that the new numbers will be updated tomorrow. The platform stated in a blog post, “Standard fiat...

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Ripple (XRP) add 21.7 Percent, Resistance at 40-43 cents Zone
May21

Ripple (XRP) add 21.7 Percent, Resistance at 40-43 cents Zone

Ripple (XRP) ranging but the uptrend is firm XRP classification will either trigger a rally or a large-scale dump Like most liquid assets, Ripple (XRP) is consolidating, trading inside May 14th and 15th high low in a bullish breakout pattern. All the same, bulls are in pole position. As fundamentals and candlestick arrangement diverge, it is only a matter of time before prices breach 50 cents as buyers aim at 60 cents. Ripple Price...

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Microsoft’s Daniel Buchner says open public blockchains are the most viable options to achieve decentralization
May21

Microsoft’s Daniel Buchner says open public blockchains are the most viable options to achieve decentralization

With Bitcoin breaking into the mainstream space, the latest WhatBitcoinDid interview featured a discussion with Microsoft’s Daniel Buchner to identify the company’s outlook towards blockchain, open source, and its mass adoption. Buchner detailed Microsoft’s vision to decentralize user identity and claimed that “open public blockchains” are the most viable options to achieve the same. He also stated that “decentralized money and...

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Bibox Europe Official Launch on Track, Raises Equity Investment from a Global Top-10 Bank
May21

Bibox Europe Official Launch on Track, Raises Equity Investment from a Global Top-10 Bank

Bibox, the AI-enhanced encrypted digital asset exchange has announced plans to cater to European customers with the upcoming launch of Bibox Europe. Equipped with the necessary license in Europe, the company will be opening doors to the public as a fully regulated Blockchain Financial Service Institution. The company’s plan to launch a fully compliant fiat exchange has been well received by traditional institutions. It is reported...

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Illegal crypto-mining: Australian man could face 10 years in jail for illegally mining cryptocurrencies using government devices
May21

Illegal crypto-mining: Australian man could face 10 years in jail for illegally mining cryptocurrencies using government devices

An unnamed man from Killara in New South Wales, Australia, is being charged by the Australian authorities for making use of government computer systems to mine cryptocurrencies for self-gain. The man, formerly an Australian government employee, worked as an IT contractor and has been accused of converting government computers into cryptocurrency mining devices. The man made himself more than A$9,000, according to an announcement...

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Bitcoin OTM in Beijing Lasted Less Than a Week Under Regulatory Pressure
May21

Bitcoin OTM in Beijing Lasted Less Than a Week Under Regulatory Pressure

This article was originally published by 8btc and written by Lylian Teng. Bitcoin ATM services in China have once again proved to be hopeless, after the first Bitcoin OTM (OTC Teller Machine) in Beijing was removed shortly after its installation. As Bitcoin ATMs are gaining traction throughout the world, the first Bitcoin OTM appearing in Beijing seemed like a giant leap forward for the country, who often holds a hostile approach...

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Hedge Fund Execs Predict Bitcoin Price will Close 2019 at $9,659
May21

Hedge Fund Execs Predict Bitcoin Price will Close 2019 at $9,659

The bitcoin price has surged a little above 114 percent in 2019 so far. But, according to a new poll, the cryptocurrency has extra fuel to sustain its upside action further. US comparison website Finder surveyed ten FinTech capitalists, including executives from hedge funds Arca and BitBull Capital, on Friday. The portal found that a majority of them expected that bitcoin would pullback from its recently tested $8,000-level. However,...

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Bitcoin Businesses Push Back Against Proposed Canadian Crypto Regulatory Framework
May21

Bitcoin Businesses Push Back Against Proposed Canadian Crypto Regulatory Framework

On May 16, 2019, San Francisco-based crypto exchange Kraken posted on Twitter a summary of its response to the Canadian Securities Administrators (CSA) “Proposed Framework for Crypto-Asset Trading Platforms”: “Kraken strongly recommends against Canada imposing a security law framework on cryptocurrency exchanges in public response to the Proposed Framework for Crypto-Asset Trading Platforms published by the CSA,” Kraken wrote....

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SEC delays VanEck Bitcoin ETF decision, Ripple CEO on crypto’s future and more
May21

SEC delays VanEck Bitcoin ETF decision, Ripple CEO on crypto’s future and more

Crypto News – 21 May – SEC delays VanEck Bitcoin ETF decision, Ripple CEO on crypto’s future and more Don’t forget to follow us for our daily videos#RIPPLEARMY #ripplenews #bitcoin #abnamro #VanEck #CryptoNews #abnamro #bitcoins #SEC #cryptocurrency pic.twitter.com/ZsHEt0cw1C — AMBCrypto (@CryptoAmb) 21 May 2019 Daily Crypto News – May 21 1) TD Ameritrade invests in Eris-X: According to an official announcement, the organization...

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Bitcoin SV Price Goes Vertical Following Craig Wright’s Whitepaper Copyright Claim
May21

Bitcoin SV Price Goes Vertical Following Craig Wright’s Whitepaper Copyright Claim

According to a press release published by CoinGeek, controversial crypto proponent Craig Wright has been granted copyright registrations for the original Bitcoin Whitepaper with the US Copyright Office. The pro-Bitcoin SV publication has used the news as concrete evidence that Wright is indeed Satoshi Nakamoto. Although many in the wider cryptocurrency community remain unconvinced by Wright’s claims, even in light of the latest...

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Bitcoin [BTC] has emerged as a better store-in-value than Peso in Argentina, claims Bitcoin Maximalist
May21

Bitcoin [BTC] has emerged as a better store-in-value than Peso in Argentina, claims Bitcoin Maximalist

Many countries in South America are struggling with economic frailty, with domestic fiat currencies of many falling in value under the pressure of inflation. Argentina has been one of these countries and it continues to struggle with a depreciating economy and high inflation. According to recent reports, Bitcoin [BTC] has emerged as a better store-in-value and people would have benefited more if they had bought the digital asset at...

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IRS Plans to Issue Guidance on Virtual Currency Taxation
May21

IRS Plans to Issue Guidance on Virtual Currency Taxation

Internal Revenue Service (IRS) commissioner Charles Rettig has explained to U.S. representatives that the tax department plans to issue clearer guidance toward cryptocurrency taxation soon. Since 2014, Americans have been asking the tax agency for better clarification in regard to official tax guidelines. Also read: Last Will Platform Allows Your Loved Ones to Inherit Your BCH IRS Pressured to Issue New Crypto Tax Guidelines In...

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Bitcoin SV briefly soars by 116% in an hour, reaching five-month high
May21

Bitcoin SV briefly soars by 116% in an hour, reaching five-month high

Bitcoin SV, the fork coin, pumped by 116% in an hour and reached $135 very briefly; this happened after CoinGeek’s article claimed that Craig Wright was granted US copyright registrations for Bitcoin whitepaper. As seen in the chart below, the price hit $135 in an instant and dropped down to $107, at press time. The coin, which was trading at $65 rose dramatically after the article was published, which does not seem like a...

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Japanese Parliament Moves New Crypto Regulations to the Upper House
May21

Japanese Parliament Moves New Crypto Regulations to the Upper House

Japan’s House of Representatives passed crypto-related amendments to two financial laws to the upper house. The Japanese House of Representatives has passed new crypto regulation in the upper house of the National Diet, local news agency Nikkei reports on May 21. The lower house has reportedly moved crypto-related amendments to the existing financial law to the House of Councillors at a recent plenary session.                 ...

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Bitcoin Futures: CME tops charts, trading volumes spikes by 263% as April rally buoys market
May21

Bitcoin Futures: CME tops charts, trading volumes spikes by 263% as April rally buoys market

As Bitcoin [BTC] surges to the moon, and still looks to ascend, the markets sparked a revival in April. The Futures market, an often-forgotten aspect of the diverse array of BTC products, performed exceedingly well as Bitcoin broke the $5,000 ceiling. The spearhead of this BTC futures rise was the Chicago Mercantile Exchange [CME], which saw a massive 263 percent increase in their average trading volume in the month of April alone, as...

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