Bitcoin

Staunch Bitcoin Critic: BTC Price Likely to Hit $5K Soon

DoubleLine management CEO Jeffrey Gundlach, a staunch Bitcoin critic, emphasizes that investors who have a “high tolerance” for risk can still collect easy profits if they want to trade Bitcoin.

EU Banking Authority Calls for Development of Unified Crypto Legislation

The European Banking Authority (EBA), a regulatory agency under the European Union (EU) headquartered in London, is calling for pan-EU rules on cryptocurrencies.

China-Based Bitcoin Mining Chip Manufacturer Considers IPO in U.S.

Canaan, one of the largest makers of bitcoin mining chips and devices based in China, is considering an initial public offering (IPO) in the U.S.

Winklevoss Twins Say BTC will Surpass Gold

The Winklevoss Twins believe that Bitcoin will remain the leading cryptocurrency and will surpass gold.

Japan’s Financial Watchdog Considers Bitcoin ETF Proposal

Japan’s Financial Services Agency (FSA) is reportedly mulling over testing the marketability of Bitcoin exchange-traded funds (ETF).

Analyst: Bitcoin Closer to Its “Long-Term Bottom”

The GTI Vera Convergence Divergence meter shows that Bitcoin is now enjoying its longest purchasing run during the last six months.

Gary Shilling Calls Bitcoin a “Black Box,” Says He Won’t Invest in It

Legendary investor and analyst Gary Shilling has explained why he won’t be investing in Bitcoin in a recent interview with Business Insider.

Ethereum Co-Founder Refutes Bitcoin Proponent’s Scrutiny

Bitcoin promoter Tuur Demeester has recently instigated a tweetstorm against Ethereum co-founder Vitalik Buterin, hurling criticisms as he claimed that the Ethereum network was no more than a science experiment, prompting Buterin to post a series of rebuttals.  

Paxful Registers 20% Growth in 2018 Because of Africa

Peer-to-peer (P2P) Bitcoin exchange Paxful has seen a rise in transaction volume by 130 percent since January 2018, posting a weekly average of $21 million as opposed to 2017’s $8.5 million.

Police Arrest Crypto Miner for Allegedly Using Stolen Electricity

A man has been arrested in Taiwan for allegedly mining cryptocurrency using stolen electricity.

OKEx Initiates Perpetual Swap Bitcoin Derivative Product

Malta-headquartered crypto exchange OKEx, the world’s number two in terms of 24-hour adjusted volume, has rolled out a new Bitcoin derivative product, which does not have an expiry date. This means that positions can be kept indefinitely.

Bitcoin Extortion Through Bomb Threats Terrorizes Hong Kong

Hong Kong police have recently launched an investigation on multiple bomb threats proliferating over email intended to extort cryptocurrency.

Hong Kong Bitcoin Millionaire Dispenses Millions of HKD

Hong Kong Bitcoin millionaire Wong Ching-kit has reportedly dispensed millions of HKD to the crowd.

Analyst: Crypto Bear Market Could Go from Bad to Worse

As head of Asia Pacific trading at Oanda Stephen Innes argued, Bitcoin has yet to surpass its nearly year-long bearish trend as the leading digital asset has yet to offer any significant use cases.

Assailants Extort $60k Worth of Bitcoin from South African Crypto Trader

A Bitcoin trader from South Africa has recently been attacked and tortured by a group of unidentified assailants in an attempt to extort Bitcoin.
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