Residents of Fortaleza (the major Brazilian city) will soon have the opportunity to pay Bitcoins for their trips on public transport. It is reported by The Block, with reference to local media. In particular, the cooperative of autonomous passenger carriers of the State of Ceará, whose capital is...
One of BTC-e currency exchange owners, Alexander Vinnik whose extradition from Greece the US is inquiring to face illegal charges, presently face a formal lawsuit in California. Previously, Vinnik was blamed for stealing Bitcoins from various virtual currency exchanges and now the US makes attempts...
Venezuelan United Socialist party has been accused of avoiding economic barriers inflicted by the authorities of USA. According to locals, Venezuela avoided penalties by using cryptocurrencies via an airline app known as Jetman Pay. This application receives charges from travellers who buy tickets...
According to a survey conducted by CivicScience, the overwhelming majority of US residents do not inspire confidence in the upcoming digital currency, Libra. The survey involved 1799 adults in the United States. Only 2% of respondents said they trust the Libra project more than Bitcoin. It also...
Last weekend, the cumulative computational power of the Bitcoin network once again updated its historical maximum, reaching 79.752 EH/s. The peak figure, according to Blockchain.com, was on Saturday, July 20th. On Sunday, the last day for which statistics are available, the hashrate fell slightly...
When the US legislators showed deep suspicion about the viability of cryptocurrencies, Bitcoin fall in price below $10000. The rate was rising for three last weeks and even passed the highest price form the last year. The most popular digital coin dropped as much as 12%, bringing its three-week...
On June 28, a court hearing was held in Florida on the sensational case of Kleiman vs Wright, during which nChain senior researcher Craig Wright first appeared under oath. The main purpose of the meeting was to hear the explanations of the self-proclaimed Bitcoin creator regarding why he did not...
Google searches measured the statistics of Bitcoin price growth and people’s interest in it and there’s a big difference between them. Not so long ago, the level of correlation between the price and interest was really high. There may be some reasons for these new...
Binance's research division published a quarterly report, in which it estimated the correlation of digital assets among themselves. Thus, according to it, the correlation between Bitcoin and the rest of the market has significantly decreased in comparison with the figures for the first quarter of...
New research provides us with a very interesting statistics about various countries and their tweets about the crypto industry. So the first position is the US because 38.9% of tweets about Bitcoin are from here. The UK takes second place with 10.5%. Top five countries are US, UK, Canda, Turkey...
One of the most widespread digital wallets Electroneum is working to do an update and add support for Bitcoin’s lightning network. The founder of Electroneum, Thomas Voegtlin said that technology release on the wallet is really close, but he didn’t mention the exact date of the official launch....
Famous economist Nouriel Roubini, who’s recognized as Dr Doom for his downhearted warnings, made some noise with his freshest assault on Bitcoin and related cryptocurrencies. Professor Roubini considers that Bitcoin is “overhyped”. On 2 June at a summit in Taiwan, he compared crypto coin with...
According to a Chainalysis report, this year set a record in Bitcoin’s use on the illegal Internet and the amount of money reached $1 billion. While the number of Bitcoin transactions dedicated to forbidden buyings is failing, about $515 million of the digital coin has already been used this year...
Iranian governments caught over 1000 mining computers from two former factories. The operation was performed after governments discovered a spike in electricity consumption. The minister of energy announced that request for electricity grew by 7% in June and it’s considered that Bitcoin mining is...
Everyone was following the swift rise of Bitcoin’s price this week. The rate of crypto coin passed $14000 mark on June 26 and this was the most high-priced level since January 2018. Then, just in several minutes, the coin changed its course and started to lose in price....
On June 26, Bitcoin passed the mark $13000, after several minutes it shed about $1000. At 6 pm ET, Bitcoin’s price was back to $12000-plus cost. The reason for this wasn’t clear, but we all know that cryptocurrencies are famous for their price swings. A preceding bitcoin craze hit a fever...
Asian stocks started to rise on Monday after Bitcoin’s price got over $10000 for the first time since the last year. As Bloomberg reported, Metaps Inc. raised 11%, GMO Internet Inc. jumped 7% to its greatest level from October 2019, Ceres Inc. climbed 4.4% and Remixpoint Inc. 6.2% in Tokyo. Woori...
The Financial Action Task Force on Money Laundering (FATF) decided to tighten the regulation of the cryptocurrency industry, in particular, to oblige the bitcoin exchanges and other crypto service providers (VASPs) to comply with AML and CFT (countering the financing of terrorism) procedures...