China wants to Eliminate Bitcoin Mining in the Country
China Bitcoin mining ban incoming? China wants to eliminate bitcoin mining in the country, according to China’s State Planner via a draft list of industrial activities they want to stop. This will put increasing pressure on the cryptocurrency sector. China is the...
CME Bitcoin Futures hits ATH Daily Volume of $546m
CME Bitcoin Futures hit a record in 1-day volume – could this see Bitcoin spiking up to $6,000? Bitcoin has been on a blazing rally since April 1st and is settling around $5,100, around 10% in growth. Could we see another 20% leap in the near future? Other major...
China Reporting Record Amounts of OTC Bitcoin Buying
Did Bitcoin Surge because of Bitcoin? Rumors abound that China Bitcoin interest is the reason why BTC recently surged. China, of course, is the spiritual and actual home of Bitmain, one of cryptocurrency’s highest valued startups, and of key crypto projects like NEO...
Elon Musk is Bearish on Paper Money
Paper cash obsolete - cryptocurrency to take over. The death knell for cash was sounded by Elon Musk, the Silicon Valley billionaire, in a podcast released Tuesday. “Crypto[currency] is a far better way to transfer value than pieces of paper, that’s for sure,” Musk...
Google Searches of “Bitcoin” have Tripled in the Past Week
Trading back above $5,000, more eyes are on the world’s largest cryptocurrency, bitcoin, as Bitcoin Google hits are up! Bitcoin, trading above $5,000, has attracted a lot of attention. This has lead to Bitcoin searches hitting a high of nearly 19 weeks - levels not...
Global Debt Reaches Record Highs, $243 Trillion
Is the answer to Global Debt Bitcoin? The global debt now stands at $243 trillion dollars according to a report by the Institute of International Finance. We’re reaching levels of debt that are just mind-boggling. Not only is the system unsustainable, it’s the fault...
SEC Releases Regulatory Guidelines for Token Issuers
SEC Crypto Guidance for token issuers have been released! The US Securities and Exchange Commission (SEC) has published the report, nearly a half a year in the making. The guidance published by the SEC focuses on tokens and outlines how and when these...
SEC wants to hire “Crypto Specialist” to help Regulations
SEC Hiring Crypto Specialist! The US Securities and Exchange Commission (SEC) is hiring another crypto specialist! According to a job posting on USAJobs, the government’s official jobs portal, the SEC’s Division of Trading and Markets plans to hire a new legal expert...
Bithumb says “Assets are Safe” After Hack
Bithumb hacked - the South Korean exchange has released a statement detailing its response to the hack in the hopes of calming their customers. This is not the first time Bithumb that experienced a major hack. The exchange has quickly reacted this time and claims...
Android Malware Attack!
Android Crypto users have been targeted in a new Trojan malware scheme! Apps affected include Coinbase, BitPay, and Bitcoin Wallet, as well as banking apps from JPMorgan, Wells Fargo, and Bank of America. This was first reported by The Next Web, a technology news...
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