Bitcoin Cryptocurrency News

Germany To Issue Crypto Regulations On January 1 2020

The Amended Directive to the Fourth EU Money Laundering Directive will go into force in Germany on January 1, 2020. Some of the key changes affect how the German Banking Act and Payment Supervision Services Act relate to crypto. Crypto-Assets Are Now Financial Instruments The new law defines crypto-assets in a somewhat unwieldy manner: digital representation Read more…

Bitcoin Blockchain Cryptocurrency News

BigTech Companies See Bitcoin Technology as Empowering

Social media giants are no longer opposing the power of decentralization and bitcoin technology. Instead, they are embracing it to solve the problems of a centralized Internet and put the power back in people’s hands. Bitcoin Decentralization ‘could unload some of their burdens.’ Since Bitcoin’s inception, many in the financial and technology sectors saw Bitcoin Read more…

Blockchain Cryptocurrency News

North Korean Crypto Social Media Monitoring on the Rise

Recent reports by the South Korean press warned that North Korea might be expanding its crypto social media monitoring.  Yesterday’s report by NK Economy claims that North Korean firm Marine Chain is actively keeping an eye on leading names in the crypto and blockchain space This would not have mattered for most other companies, but Read more…

Bitcoin Cryptocurrency News

Millennials Trust Bitcoin-Based Equities Over Microsoft, Disney Stock

Bitcoin-based investment has made its way into the portfolios of the youngest investors, as millennials allocate a part of their retirement to Bitcoin-based stock. Millennials Allocate Funds to Different Asset Mix Analysis of self-directed brokerage accounts show a generational divide in selecting assets. Older GenX investors have no exposure to Bitcoin (BTC) through financial instruments, Read more…

Bitcoin Cryptocurrency News

Bitcoin Price to Continue Upward Trajectory Over the Next 5 Years

Despite the recent price struggles for bitcoin, Spencer Bogart says the top-ranked crypto will continue to see an upward growth trajectory in the next five years. The Blockchain Capital partner also doesn’t see Chinese policies as having a significantly negative impact on BTC’s performance. Bitcoin Price Will Perform Better in the Next Five Years In Read more…

Bitcoin Cryptocurrency News

Bitcoin Mining in North America: A New Gold Rush in the New World

The phones are ringing off the hooks at the New York offices of BitOoda, a financial services and brokerage firm that advises bitcoin mining companies and investors in the bitcoin space on investment strategies and risk management. Ryan Porter, head of business development at BitOoda, told Bitcoin Magazine that there’s lots of interest, including from Read more…

Bitcoin Cryptocurrency News

Huobi, OKEx Avoid Being ‘Iced Out’ by Chinese Government

China favors some crypto exchanges before others, with Huobi rising as one of the favorites. Recent analysis of the Chinese crackdown against the crypto sector showed that not all companies were necessarily created equal. Minor, Shady Markets Face the Worst Crackdown Both Huobi and OKEx will see more favorable acceptance, commented Matthew Graham, CEO of Read more…

Bitcoin Cryptocurrency News

US Stock Markets to Have a Slow 2020, Will Investors Turn to Bitcoin and Crypto?

The US stock market rally in 2019 surprised skeptics, as indexes continued to surge despite underwhelming performance and setbacks for the FAANG stocks. But Wall Street pundits are predicting that 2020 will be sluggish. Will Bitcoin and crypto markets get all the attention then?  S&P 500 Expected to Deliver Single-Digit Returns 2020 may be the Read more…

Bitcoin Cryptocurrency News

Bitcoin-Based IRA Investments to Break $1 Billion Soon

The pension crisis is deepening across the world. As a result, Bitcoin-based retirement products are now taking center stage. Most notably, the Bitcoin IRA, which is already processing over $350 million and is projected to reach investments for over $1 billion shortly. Investor Sentiment Is Bullish on Bitcoin The pension crisis is spreading all over Read more…

Blockchain Cryptocurrency News

What is Blockchain Technology? How Secure is it?

Bitcoin’s inception in 2009 introduced the concept of hard money to the world. A peer-to-peer financial settlement system which is free from centralized control. It also gave an insight into a system that democratizes data storage – blockchain. It is called today is the bedrock on which Bitcoin functions.  Made up of two words, ‘block’ Read more…