Bitcoin Cryptocurrency News

Top 5 Common Misconceptions About Bitcoin

75% of US adults have heard about Bitcoin. But their information doesn’t always come from reliable sources. Whether they believe it’s magic internet money or a vehicle for drug lords and pedophiles, here are the 5 biggest Bitcoin misconceptions around. The Most Common Bitcoin Misconceptions 1. Bitcoin Is Anonymous It’s not surprising that one of Read more…

Bitcoin Cryptocurrency News

How Bitcoin Fundamentals Are Going From Strength to Strength

Bitcoin has spent another day in consolidation following a roller-coaster ride last month. This year has had similar ups and downs in terms of BTC price but fundamentally the network is going from strength to strength. Bitcoin Network Getting Stronger In terms of price, BTC has spent another day trading within its range in the Read more…

Bitcoin Cryptocurrency News

A Look at Bitcoin P2P Trading in Politically Tense Countries

Bitcoin (BTC) still keeps up the pace when it comes to P2P markets worldwide. The usage of those markets circumvents exchanges, and allows small-scale exchanges with less formality. Here’s a look at how important it is in countries with significant financial and political concerns.  Peer-to-Peer in Distressed Regimes Bitcoin trading through P2P platforms is picking 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…

Bitcoin Cryptocurrency News

Bitcoin Expert Schools ‘Idiot’ Scammer in Legendary Fashion

Somewhere, there’s a crypto scammer ruing the decision to pitch a fraudulent investment scheme to Bitcoin educator Ben Perrin. The Canadian YouTuber turned the tables on the scammer in epic fashion, defrauding the would-be thief and donating the proceeds to charity. So how did Perrin do it? The same way fraudsters manage to steal from Read more…

Bitcoin Cryptocurrency News

The ‘War on Bitcoin’ Is Almost Here – And It Will Get Ugly

For better or worse, bitcoin is now on the global political stage.  It was discussed in Congress. Donald Trump slammed bitcoin on Twitter. The Treasury Secretary called cryptocurrencies a national security threat, and the chairman of the Federal Reserve urged caution. Meanwhile, India just proposed an all-out ban on bitcoin while China scrambles to create Read more…

Cryptocurrency News

Cryptocurrency is “More Convenient” than Cash and Society is Ready for Adoption, Head of the Central Bank of Russia Says

Cryptocurrencies are being used more each time in the field of geopolitics, transcending the image of being just an experimental technology promoted by some fintechs and enthusiasts. After drawing the attention of the G20, several countries began to evaluate the possibility of issuing their own cryptocurrency, however, no powerful nation had shown a real, concrete Read more…

Bitcoin Cryptocurrency News

Consumers In Over 150 Countries Can Now Buy Stocks With Bitcoin

San Francisco-based Bitcoin investment app Abra has released its service to users outside the US allowing 150 countries to buy stocks. Bitcoin-Collateralized Stocks Arrive For Consumers Abra, which launched its investing service in February, will now cater to anyone in 155 countries wishing to gain exposure to various assets including traditional stocks and exchange-traded funds Read more…