Crypto news

Initial exchange offerings (IEOs) are getting a bad rap from the Securities and Exchange Commission (SEC), which claims that they’re just initial coin offerings (ICOs) under a different brand.IEOs Are Not What They Claim To BeThe SEC is warning investors to steer clear of IEOs in that they could come from unregulated exchanges. If the exchange itself is not in compliance, this could lead to heavy problems for whoever’s willing to put money into it in that they will not receive investor...

The popular economist and well-known nocoiner, Peter Schiff, has said that he’s lost all of his bitcoins because of a forgotten software. He took his rant to Twitter, outlining that the lost bitcoin has no market value, on top of having no intrinsic value as well. Peter Schiff Loses His BitcoinsPeter Schiff is a well-known economist, as well as a frequent guest on national news and an author. However, he has also chosen to take a very definitive stance on Bitcoin. He’s said on multiple...

New details have emerged in the Craig Wright/ Ira Kleiman case. Reportedly, Wright has gotten a hold of the private keys that will potentially give him access to the secret bitcoin stash he’s been insisting exists for so long. He’s now ready to unlock those funds and hand over what he reportedly owes.Will Craig Wright Hand His Money Over?Lawyers for Craig Wright have told the United States District Court of the southern district of Florida that their client has obtained the keys from a...

[PRESS RELEASE – Please read full disclaimer]In a galaxy far, far away, there was an online casino like no other. Giving players a chance to win epic trips around the galaxy, tons of cash, the latest tech and, of course, cozy space adventure gear. To kick off the new year, BitStarz is proud to announce the launch of its latest rocket-fuelled promotion Space Level Up Adventure!There is an incredible Zero Gravity experience in the heart of the good ol’ USA up for grabs, with €50,000 in...

The cryptocurrency market, being a relatively young and small one, is frequently affected by external forces. Sometimes, one of those factors could sound a bit strange on the surface, but it could deliver a severe impact. It’s the Chinese New Year.The Holiday is taking place during the next weekend, between January 25th (Saturday) and 27th (Monday), a quick look at the Bitcoin’s longer-term price chart can reveal this occasion had a tremendous Bearish effect on the price of Bitcoin over the...

Today we got another reminder that volatility is working both ways.Bitcoin has fabulous times since entering the new decade. However, when we see such a parabolic move to the upside, we can expect volatile moves to the other side, as well.Just yesterday, we mentioned Bitcoin price reaching its first major test – the 200-days moving average line (marked light green on the following chart). Many analysts see this tough resistance as the barrier between Bear and Bull markets.Today, Bitcoin...

While most people consider every cryptocurrency transaction anonymous, that’s not the case. Bitcoin, for example, has all transactions recorded on a public ledger, which can be easily accessed. In theory and practice, it’s entirely possible to associate a Bitcoin address with an individual, especially if he has ever used a cryptocurrency exchange, which requires identity verification.However, the apparent need for a fully anonymous payment option ultimately led to the creation of such, called...

Anyone can issue his own money – this should be the main notion in FinTech of the 21st century.According to the statistics, the daily volume of international payments equals almost 10 trillion dollars, with 5 trillion handled by the SWIFT international payment system. It was designed back in 1972, yet many banks still use the outdated, 40-years old software. Cross-border bank accounts are holding $27 trillion in cash.Let’s consider the volume of international payments stated above. If the...

The Winklevoss Twins are warning Wall Street executives that the time to stock up on bitcoin is now.The Winklevoss Twins to Wall Street: Get It Together!The founders of the Gemini Exchange in New York – one of the first cryptocurrency trading platforms to garner a BitLicense – are telling Wall Street players that they need to stop putting so much emphasis on gold, as bitcoin is likely to “trump” gold in the coming future.Tyler explains:If you have gold, start building up bitcoin reserves. We...

As we all know by now, the bitcoin halving is scheduled to arrive this coming May, and many analysts are arguing that the event will likely cause the currency to jump in price.The Halving Is On Its WayOne analyst on Twitter – simply going by the name “Crypto Bull” alleges that the currency could spike as high as $33,000 in July thanks to the halving. In a recent social media post, Crypto Bull explains:Bitcoin ROI from first halving to second halving: 5,333 percent. We are currently up 1,338...