Tag Archives: News

The Department of Justice (DOJ) has unveiled its new 80+ page plan to combat illegal cryptocurrency activities such as terrorist funding, money laundering and outright theft.Department of Justice: We Will Stop Crypto Crime Once and For AllThe crypto scene has come a long way in the last ten years. Unfortunately, it is still marred, to a certain degree, by a lack of regulation. Many times, criminal activity either goes unnoticed or slips through the cracks of even some of the largest trading...

Unocoin – the first cryptocurrency exchange established in India – has just completed a Series A funding round that has garnered the company as much as $5 million from the likes of Tim Draper and other top-notch crypto investors.Unocoin Heads Into Uncharted TerritoryIndia is facing a massive crisis in that regulators are now looking to potentially ban digital trading, rather than simply business and banking relationships between crypto firms and traditional financial institutions. Many...

Over the past month, bitcoin has entered something of a bearish state, and has been struggling heavily. The currency initially reached the $12,000 line in August and had most traders excited for the future. Sadly, it looks like the currency has hit something of a snag ever since, and ultimately lost more than $2,000 from that price. While the currency has recovered somewhat and is now trading for about $10,700, this figure isn’t quite what traders had in mind, and we all know bitcoin could be...

Goldman Sachs has hinted that it’s looking to boost its bitcoin holdings and potentially move forward when it comes to understanding, learning about and holding BTC in the future.Goldman Sachs Has Had a Mixed Relationship with BTCRegarding cryptocurrencies, Goldman Sachs has been a very hit-and-miss company, often going back and forth between appreciating it and loathing it. Things took a particularly nasty and mixed turn last May when the company announced that it was going to offer a...

Square – which is owned and run by Jack Dorsey of Twitter fame – has announced it just purchased as much as $50 million in bitcoin. The company says that bitcoin represents what it’s all about, and that it’s looking to assure bitcoin always has a place on the world’s financial ladder.Square Just Added BTC To Its PortfolioThus far, the amount of bitcoin that was purchases represents roughly one percent of the total assets owned by Square as of the end of the second quarter this year. The...

Bitcoin cash price is gaining pace above the $225 and $230 resistance levels against the US Dollar.The price is now trading above the $232 resistance and the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance at $230 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to accelerate higher if it clears the $238 and $240 resistance levels in the near term.Bitcoin cash price is showing positive signs above $230...

Whoever said art and bitcoin don’t go together? One artist is looking to prove that they’re the perfect couple and has taken on a rather ambitious project. Bitcoin consists of roughly 12.3 million nodes, and this artist – known as Robert Alice – has taken the time to hand paint each one of them across a series of 40 separate paintings.Bitcoin Has Led to a Whole New CultureThis was clearly a project that took a long time. Three years to be exact, and one must wonder why an artist would spend...

It looks like trouble surrounding the once popular cryptocurrency exchange BitMEX has reached an entirely new level.The Trouble Surrounding BitMEX Has Gotten LargerThe world was shocked last week when it was announced that the founders and executives behind the Seychelles-based cryptocurrency trading platform were being indicted following charges of money laundering and other financial fraud. As it turns out, this really rung a negative bell with customers (surprise, surprise) and many have...

It looks like bitcoin has taken a bit of a stumble following news that COVID relief talks have stalled again. Strangely, President Donald Trump is being looked at by certain sources as the reason why these talks haven’t gone anywhere, though when one looks at the data and the precise facts of the situation, it appears the fault lies with Democrats and House Speaker Nancy Pelosi, who has consistently looked to add trillions of dollars to these packages to save the interests of her ailing...

EOS rallied sharply above the $2.500 and $2.800 resistance levels against the US Dollar.The price traded as high as $.979 before correcting lower sharply towards the 55 simple moving average (4-hours).There is a short-term declining channel forming with resistance near $2.670 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could either restart its rise above $2.700 or decline further towards the $2.500 support.EOS price is trimming gains from the $3.000 resistance...