Bitcoin Cryptocurrency News

Bitcoin (BTC) is a Superior Currency That Frees People: Tim Draper

Bitcoin (BTC) is a superior currency that frees people, commented venture capitalist Tim Draper in an interview with The Bitcoin of Crypto Street. BTC frees people and is a cheaper and frictionless way to send funds globally. BTC: Not Tied to Government or Geography Draper previewed various forms of currencies in the history of the Read more…

Bitcoin Cryptocurrency News

IRS Will Ask If You Own Cryptocurrency on its New Income Tax Form 1040

The US Internal Revenue Service (IRS), a bureau of the Department of Treasury, recently added a question regarding cryptocurrency ownership to its standard 1040 income tax form for the upcoming tax filing season. A draft of the “Additional Income and Adjustments to Income” section of the latest 1040 form was released. It included a change Read more…

Decentralized exchange is key on blockchains
Crypto Analysis Cryptocurrency News Ethereum

Ethereum’s falling wedge pattern formation could lead coin to $275

Despite a brief rally to $196 against the US Dollar last week, Ethereum retreated soon after and currently changed hands at $184.78, according to data from CoinMarketCap, with a market cap of 19.97 billion, at the time of writing. October has not been bullish for the coin and positive patterns are yet to gain prominence […]

The post Ethereum’s falling wedge pattern formation could lead coin to $275 appeared first on AMBCrypto.

Bitcoin Cryptocurrency News

10 Years Since The First Bitcoin Transaction: 5050 BTC For $5

It’s safe to say that Bitcoin has come a long way since it was first introduced to the public. Interestingly enough, exactly 10 years ago on this same day, the first market transaction took place. Let’s have a look at how it went and where we are today. Bitcoin 10 Years Ago Exactly 10 years Read more…

Bitcoin Cryptocurrency News

Bitcoin Millionaires, BTC Addresses Holding 1000+ Coins On The Rise

Despite a fall this year of around 40%, many Bitcoin price metrics are still overwhelmingly bullish. The number of addresses holding over 1000 coins, and the number of BTC millionaires have both increased this year alongside network health indicators such as hash rate. Bitcoin Whale Addresses Hits High The number of BTC addresses holding more Read more…

Cryptocurrency News ICO

US Crypto Crackdown: Telegram Token Sale Rejected by SEC

The long-awaited crypto token sale from the Russian messaging platform Telegram has hit a wall in the form of the US Securities and Exchange Commission. The regulator has filed an emergency action and received a restraining order for the $1.7 billion planned ICO. Continued Crypto Crackdown US regulators are showing no signs of relaxing their Read more…

Binance Cryptocurrency News

Alipay and WeChat Bow to Beijing Refusing to Play With Crypto

The announcement that the world’s top crypto exchange had opened two new fiat on-ramps for China was bullish for overall adoption prospects. However, as expected the pressure of Beijing has been too much for the platforms which have already stated they will not tolerate crypto payments. China Still Hates Crypto One hand gives and the Read more…

Bitcoin Cryptocurrency News

Bitmain, Canaan Launch New Miners in Preparation for the Bitcoin Halving

This article was originally published by 8btc and written by Lylian Teng. On October 9, 2019, the China-based cryptocurrency mining giant Bitmain launched its two latest Antminer 17 models to an eager market. On the very same day, another leading ASIC producer, Canaan, also rolled out its next-generation bitcoin miner A11 series. Both new mining Read more…

Bitcoin Cryptocurrency News

DropBit Adds Lightning Network Support

DropBit, a bitcoin wallet and payment service provided by CoinNinja, allows you to send bitcoin to people who don’t own any. Now, it’s using Lightning Network to beef up its self-stylized role as the Venmo for bitcoin. Revealed exclusively to Bitcoin Magazine ahead of a public announcement, the DropBit app has built out its own Read more…

Altcoin Cryptocurrency News

Chainlink (LINK) Price Strong at $2.70 Amid Positive News Cycle

While a majority of altcoins have been faring well over the past week, there has been one crypto asset that has exceeded the expectations of many: Chainlink (LINK). Over the past 10 days, the community-favorite cryptocurrency has gained 50% against the U.S. dollar, surging to $3.10 apiece at the local peak. As of the time Read more…