How to Trade Crypto in Person Safely
Oct19

How to Trade Crypto in Person Safely

With mainstream exchanges becoming progressively cumbersome due to privacy invasive policy and regulation, some crypto traders are switching to more private, face-to-face trading. While this route isn’t for everyone, and comes with unique risks, it does offer a very real solution to many of the problems plaguing mainstream exchanges currently. The goal of this breakdown is to provide a few best practices for safety and success when...

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Bitcoin Cash Roundup: Adoption Stories and New Developments
Oct19

Bitcoin Cash Roundup: Adoption Stories and New Developments

Bitcoin Cash (BCH) adoption, development, and participation continue to spread as there’s been a myriad of BCH-related announcements in the last few weeks. Moreover, there’s now over 18 million bitcoin cash in circulation and only three million coins left to mine. Also read: Ethereum Name Service Adds Infrastructure for Multi-Currency Support Bitcoin Cash Adoption and Announcements The last few weeks have seen a variety of new...

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Circle Drops Poloniex Leaving US Crypto Traders High and Dry
Oct19

Circle Drops Poloniex Leaving US Crypto Traders High and Dry

According to a blog post published by Circle, the cryptocurrency firm is releasing its subsidiary exchange Poloniex which is now owned by an “Asian investment group.” The trading platform will become an independent company called Polo Digital Assets, Ltd., and after November 1, 2019, U.S. residents will no longer be able to use the platform. Also read: Ethereum Name Service Adds Infrastructure for Multi-Currency Support Circle Spins...

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Bitcoin Magazine Week in Review

Bitcoin Magazine’s Week in Review brings you the most critical, interesting and popular news stories affecting Bitcoin this week. Despite Setback in Ohio, Tax Payments in Bitcoin a Viable Trend Ohio made a big splash in the cryptocurrency community in November 2018 when Josh Mandel, the state treasurer at the time, announced a plan to allow businesses to settle their tax bills in bitcoin. However, we’ve all come to learn that...

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Russia Blocks 2 Crypto News Websites
Oct19

Russia Blocks 2 Crypto News Websites

Russian authorities have restricted access to a couple of cryptocurrency news outlets. The formal reasons for the censorship move are different in each case but the end result is the same. In both, regulators have acted on the basis of a law that empowers them to block online sources of information that have been banned in the Russian Federation. Also read: Telegram Offers to Postpone Launch of the TON Network Moscow Restricts Access...

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6 Darknet Markets for the Crypto Curious
Oct18

6 Darknet Markets for the Crypto Curious

If you’ve got a few thousand satoshis burning a hole in your wallet, the darknet beckons. There’s no obligation to spend a single sat while scouring the darker recesses of the web, but it’s nice to know that should you get the urge, your crypto’s good. There are few certainties when shopping on darknet markets (DNMs), but acceptance of BTC, XMR, and other leading cryptos is a given. Here’s a snapshot of what the current crop of...

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Huobi Expands Services With Turkish Lira

Huobi, a prominent cryptocurrency exchange based in Singapore, has unveiled plans to increase the ease of access for individuals trading in the Turkish currency, the lira. The company announced this move via press release on October 18, 2019. It claims that its lira gateway will be the first of its kind for a global cryptocurrency exchange and will include full language localization and a Turkish-based team, as well as a mobile app...

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Bitcoin Price Analysis: Grinding Market Slowly Drives Through Support

The bitcoin market over the last few days has been a series of grinding support/resistance tests that have brought us lower and lower toward our macro support at the $7,700s. So far, the market’s macro structure is holding support, but we are currently on our way toward a fourth test of major support — if we break that level, the drop could be fairly aggressive. The downside price target for a break of support would have us testing...

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Telegram Offers to Postpone Launch of the TON Network
Oct18

Telegram Offers to Postpone Launch of the TON Network

Telegram, which was surprised with a last minute restraining order on the sale of its tokens in the U.S., is now ready to delay the launch of the TON network until the spring of next year. The company has informed the New York court reviewing the case that it can suspend all operations with grams until the legal issues around the coin offering are resolved. Also read: 104 Addresses Hold 70% of Tether, Research Reveals Messenger to...

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Ethereum Name Service Adds Infrastructure for Multi-Currency Support
Oct18

Ethereum Name Service Adds Infrastructure for Multi-Currency Support

On October 16, the Ethereum Name Service (ENS) announced multi-currency support and integration with 15 platforms and wallets. The fusion will provide users with the ability to use a single ENS name across a wide spectrum of crypto applications alongside leveraging a variety of digital assets. Also read: Honestnode Founder Discusses the First Stablecoin Built on Bitcoin Cash 15 Wallets and Platforms Pledge to Support the Ethereum Name...

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Op Ed: Stablecoins Report Illustrates That G7 Leaders Don’t Understand Bitcoin

A G7 working group focused on the potential effects of stablecoins on the global economy has released a new report. In it, the working group indicates that bitcoin has failed to act as a reliable store of value or medium of exchange for its users. The report focuses heavily on the potential implications of widely used stablecoins, which are virtual tokens intended to track the value of various real-world assets such as the U.S. dollar...

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Bitcoin as a Savings Technology: Are Interest Accounts Worth the Trade-Offs?
Oct18

Bitcoin as a Savings Technology: Are Interest Accounts Worth the Trade-Offs?

A new meme has begun circulating among Bitcoiners. Much like the “be your own bank” and “digital gold” memes before it, it’s straight and to the point. Bitcoin is savings technology.  Don’t believe me? Check out this website and see how your bitcoin stash would be holding up depending on if you bought X amount on Y day (this does assume a dollar-cost averaged or, as the hip kids says these days, “stacked sats”). Another way to look at...

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Signet Could Give Bitcoin a More Stable, Predictable Testnet Option
Oct18

Signet Could Give Bitcoin a More Stable, Predictable Testnet Option

What’s better than the current Bitcoin testnet? A testnet that is highly predictable. This is the goal of the Bitcoin signet, a new sort of testnet proposed by Karl-Johan Alm, for which the one-word description would be “stable.” What Is a Testnet? Bitcoin developers need a place to test things out. That’s why we have two “versions” of Bitcoin: the mainnet (where everything is real and the coins have value) and the testnet (which...

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Canaan Expects $1 Billion-Plus from AvalonMiner Sales in 2020

This article was originally published by 8btc and written by Lylian Teng. Canaan Creative, the world’s second-largest bitcoin mining machine manufacturer, said it expects to sell 1 million bitcoin miners in 2020 as buying interest increases. Chen Feng, sales director of the Hangzhou, China-based company, said in a live streaming interview with 8btc that the company had already received letters of intent demanding 500,000 units in...

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CME Bitcoin Futures Sees Institutional Interest and Demand from Asia
Oct18

CME Bitcoin Futures Sees Institutional Interest and Demand from Asia

Global markets business CME Group said that institutional interest toward the firm’s Bitcoin futures is thriving and 2019’s third-quarter data showed a record number of open interest. Moreover, despite the lackluster start, the Intercontinental Exchange’s (ICE) Bakkt platform has seen an increase in interest with the company’s physically-settled bitcoin futures product. Also read: Honestnode Founder Discusses the First Stablecoin...

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