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…

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

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…

Bitcoin Cryptocurrency News

French Government-owned Bpifrance Joins Lightning Network Developer ACINQ’s $8 Million Investment Round

Veronique Jacq, managing director of the Digital Investment Unit at Bpifrance, says that the institution is “convinced that bitcoin is becoming more and more obvious.” Jacq, who heads the partially state-owned French investment bank, stated that bitcoin is gradually becoming an important part of the global economy. In order to keep up with the latest Read more…

Bitcoin Cryptocurrency News Ethereum

Analysts: Ethereum Strong, May Soon Breakout Against Bitcoin

ETH/BTC Ready to Favor Ether Bulls  At long last, Ethereum is finally showing some price strength against Bitcoin. The ETH/BTC trading pair, which has been collapsing dramatically for over a year, is purportedly starting to show signs of a bottom and impending bullish reversal. Prominent commodities trader Peter Brandt recently noted that the chart is Read more…

Bitcoin Cryptocurrency News Market

Rats Desert Sinking Ship: How PayPal Dumping Libra is Good For Bitcoin

Social media giant Facebook has been on the receiving end of a barrage of regulatory pressure since announcing its crypto project Libra earlier this year. As the digital ship starts to spring leaks before it is even launched, the rats are already deserting it. PayPal Pulls Out Global payments giant PayPal has announced its departure Read more…

Cryptocurrency News Ripple

Breaking: Ripple Acquires Crypto Trading Firm for European Expansion

Ripple Bags Business Deal Just announced minutes ago, crypto-centric fintech startup Ripple has just made an expansion into Iceland. In a blog post, the San Francisco-headquartered company revealed that it has acqui-hired (acquired and hired) Algrim, a cryptocurrency trading firm based in the Nordic country. This move marks the company’s latest expansion into Europe. According Read more…

Bitcoin Blockchain Cryptocurrency News Market

ECB President on Libra: Crypto Still “Limited” In Impact on Financial System

ECB President Not Too Worried About Crypto… Yet Earlier this year, Facebook famously unveiled Libra to the world. The cryptocurrency project, billed as a way to empower billions, quickly became the talk of the town, with the phrases “Libra” and “Facebook’s crypto/blockchain” gracing the notifications of the phones of millions. Unsurprisingly, central banks, governments, and Read more…

Bitcoin Cryptocurrency News Market

Venezuelan Central Bank Considers Adding Bitcoin to Balance Sheets

Despite operating its own largely unsuccessful, state-backed cryptocurrency, the petro, the central bank of the Bolivarian Republic of Venezuela is also considering adding bitcoin to its balance sheets, giving state institutions the ability to settle payments in cryptocurrencies. Cryptocurrency mining has been especially popular in Venezuela for several years, due to factors such as the Read more…