PayPal has been big on crypto over the past year, but now the company is pushing its digital currency agenda even further. The company has put out a statement saying that several countries – including the United Kingdom – outside the U.S. will be able to buy, sell and trade digital assets through its platform. PayPal Is Bringing Crypto Trading to the U.K. The new service will allow these countries to invest in four major cryptocurrencies: bitcoin, bitcoin cash, Ethereum...
Read More »Famous Whistleblower Chelsea Manning to Audit a Bitcoin Incentivized Privacy Software
According to a recent press release shared with CryptoPotato, the infamous whistleblower Chelsea Manning will be performing a security audit of the multipurpose, privacy-based mixnet NYM, which incentivizes its node operators through Bitcoin payments. NYM: A Privacy Alternative to Tor Chelsea Manning was imprisoned for seven years for exposing US military war crimes in Iraq and Afghanistan, the statement reminded. For her, avoiding government surveillance is a big deal, and...
Read More »Missouri Mayor Jayson Stewart Wants His Residents to Become Wealthy Through Bitcoin
Jayson Stewart – the mayor of a small, Missouri town – wants to give each of his residents about $1,000 in BTC. Jayson Stewart Has a Big Love of BTC Stewart is the mayor of Cool Valley, Missouri, which presently houses approximately 1,500 people at the time of writing. The costs of the bitcoin giveaway would amount to about $1.5 million, though the mayor thinks it is worth it given the benefits that come with investing in the world’s number one digital currency by market...
Read More »Infrastructure Bill Will Hasten USD Devaluation and Bitcoin Hedging (Opinion)
The $1 trillion bipartisan infrastructure bill in the U.S. Congress is currently on pause until Sept 27th or later. Meanwhile, House Democrats want to spend $3.5 trillion. After $6 trillion in Covid appropriations in 2020. Here’s why that’s a favorable macro environment for crypto. The fate of the relationship between the U.S. and cryptocurrency is wrapped up in the $1 trillion bipartisan infrastructure appropriations bill. The resolution of a contentious tax rule inserted as...
Read More »Bitcoin is Firing On All Cylinders, Reaches $50,000
Bitcoin is picking up speed. After several months of traveling through the doldrums, the world’s number one digital currency by market cap appears to be moving back up the financial ladder once again. The currency is presently trading for just over $50,000 per unit, meaning it has gained approximately $5,000 over just the past few days alone. Bitcoin Is Moving Back Up Bitcoin has been going through a hard time as of late. The asset – which spiked to a new all-time high...
Read More »Netcoins.ca Renews Commitment to Security in Wake of Major Bitcoin Theft
[PRESS RELEASE – Vancouver, Canada, 25th August 2021] In light of recent news stories, Netcoins.ca (Netcoins), has renewed its efforts to provide the most secure cryptocurrency transactions. Multiple news stories, including this Newsweek article, tell the story of the theft of over $600 Million in cryptocurrency. In response, Netcoins will be working with its partners, BitRank & QLUE, to make sure their customers are safe using the latest in blockchain analytic and...
Read More »Citigroup to Start Trading CME Bitcoin Futures
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Read More »Vers une application non contraignante de la « loi Bitcoin » au Salvador
Pour répondre aux attaques de l’opposition et à la méfiance du public, Nayib Bukule, président du Salvador, a annoncé lundi sur Twitter que la « loi Bitcoin » qui entrera en vigueur le 7 septembre prochain, ne serait finalement pas contraignante et que les commerces et les entreprises resteraient libres d’accepter ou non les paiements en Bitcoin. Telle qu’elle a été votée, la “ley Bitcoin” prévoyait que tout agent économique devrait...
Read More »Tron (TRX) Price Analysis: Risk of More Losses Below $0.080
Tron price started a fresh decline from the $0.0960 zone against the US Dollar. TRX price is now trading below $0.0880 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.0880 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue lower as long as it is below the $0.0880 and $0.0900 levels. TRON price is slowly moving lower below $0.0900 against the US Dollar, similar to bitcoin. TRX...
Read More »Bitcoin Price Analysis: BTC Trades Near Key Juncture
Bitcoin price gained pace and it cleared the $48,000 resistance against the US Dollar. The price is now trading above $47,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $49,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must stay above the $47,300 support level to continue higher in the near term. Bitcoin price is losing pace above $48,000 against the US Dollar. BTC is...
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