Crypto Miners’ Electricity Shouldn’t Be Subsidized: Iranian Energy Minister

Crypto Miners’ Electricity Shouldn’t Be Subsidized: Iranian Energy Minister

Cryptocurrency miners in Iran could face higher electricity bills if Iran’s Energy Minister gets his way. On Sunday The Financial Tribune quoted minister Homayoun Haeri as saying that energy used by cryptocurrency miners in Iran should be charged in real prices and not be subsidized by the government.
Venezuela Tries to Avoid US Sanctions By Trading In Rubles and Crypto

Venezuela Tries to Avoid US Sanctions By Trading In Rubles and Crypto

Venezuela and Russia are in talks to use the ruble in mutual trade settlements, thereby abandoning the commonly-used US dollar in country-to-country transactions. Further, the two countries are considering using El Petro, Venezuela’s oil-pegged cryptocurrency, as another medium of exchange. Venezuela‘s UN representative, Jorge Valero, told Russian house organ Russia Today about the upcoming trade plans.
How The Blockchain Can Streamline Gun Purchases

How The Blockchain Can Streamline Gun Purchases

GunBroker.com, a twenty-year-old company that sells between $600 and $900 million worth of firearms each year, has a problem. Its customers have only two reliable payment options, and they’re the same two payment options that were available to people who wanted to go see The Beatles play in 1965: cheques and money orders. “The reason they are money order or cheque is that, in some respects, the financial industry, for political reasons and consumer liability reasons, has really moved away from providing services to the firearms industry,” said Bitrail founder Cameron Chell, who is also an architect of KodakCoin.
Fintech-Related Lobbying Attracted $42 Million in Q1 2019

Fintech-Related Lobbying Attracted $42 Million in Q1 2019

In a bid to carry out their agendas, crypto firms have turned to lobbying. Citing statistics from the Federal Electoral Commission (FEC), news platform Roll Call reported that fintech firms spent $42 million as lobbying expenses in Q1 in 2019 alone. The report considered the lobbying efforts of firms such as U.S.-based cryptocurrency exchange Coinbase, Bitcoin payment app Square, MasterCard, IBM and others.
Bitcoin Price Finds Stability at $5,270 yet Momentum Isn’t Convincing

Bitcoin Price Finds Stability at $5,270 yet Momentum Isn’t Convincing

As the weekend continues, the majority of cryptocurrency traders shift their focus to Bitcoin once again. That is only normal, as the world’s leading cryptocurrency dictates the pace for all alternative markets. After a rough Friday, it would appear the Bitcoin price is recovering slowly. There is still a lot of work ahead before the next bull run can begin. Bitcoin Price Notes Some Small Gains While yesterday’s dip took plenty of people by surprise, it seems most of that negative momentum has not carried over to today.
Bitcoin Price Keeps Heading South as Drop Below $5,200 Looms Ahead

Bitcoin Price Keeps Heading South as Drop Below $5,200 Looms Ahead

This immense wave of bearish pressure continues to wreak havoc among all cryptocurrencies as of right now. It appears this downtrend is only growing worse as more time progresses, Even the Bitcoin price is on very thin ice right now, as the support levels are falling one after another. Sustaining the $5,200 level may be more challenging than initially assumed. Bitcoin Price Isn’t Improving Just yet It is painfully evident the current overall cryptocurrency market trend is anything but pleasant to keep an eye on.
Bitcoin Price Inches Closer to $5,400 and Beyond

Bitcoin Price Inches Closer to $5,400 and Beyond

The world’s leading cryptocurrency shows some signs of both bearish and bullish momentum at the same time. The hourly Bitcoin price charts don’t always look too promising, yet the overall uptrend has not relented by any means. A push to $5,400 is very plausible at this time, albeit it will require a bit more effort by traders to make it happen. Bitcoin Price Continues its Ongoing Uptrend Over the past few days and weeks, there has been a notable momentum shift where Bitcoin is concerned.
Bitcoin Price Might Finally Surpass $5,300 After Week-long Struggle

Bitcoin Price Might Finally Surpass $5,300 After Week-long Struggle

As this Thursday almost comes to a close, there are still pretty high expectations for Bitcoin. More specifically, it seems as if the Bitcoin price is on the verge of testing $5,300 but it has not successfully done so. The current momentum indicates another potential uptrend is looming on the horizon, although its chance of success remains to be determined. Where Art Thou Heading, Bitcoin Price? It has been a pretty interesting week for Bitcoin enthusiasts and speculators.
EOS Price Moves up Again Through Slow and Steady Approach

EOS Price Moves up Again Through Slow and Steady Approach

A lot of eyes in the cryptocurrency industry are on the top markets. Since Bitcoin dictates the pace for all altcoins, tokens, and assets, its momentum is of great interest to many people. The EOS price is currently benefiting from this positive spell, although it might not necessarily regain the $5.5 level and turn it into support right away. EOS Price Momentum has Some Promise When it comes to the different cryptocurrency markets, one has to wonder when the next breakout will occur.
EOS Price Streak Remains Intact as Coinbase Pro Trading Kicks Off

EOS Price Streak Remains Intact as Coinbase Pro Trading Kicks Off

Today is not necessarily the best of days for most cryptocurrencies. While most of the markets do not suffer from too negative pressure right now, it seems that situation may come to change in the very near future. The EOS price is still going strong, which may come as somewhat of a surprise to the masses. EOS Price Momentum Remains Intact When it comes to the cryptocurrency industry, the mid-week is usually a time where things either take shape or fall apart completely.

Bitcoin Price Watch: Are Altcoins to Blame for Bitcoin’s Demise?

At press time, the father of cryptocurrency is still trapped in the $3,600 range. Following a near two-week period of meandering about at $4,000, bitcoin is still struggling to regain traction in the crypto market. Interestingly, the Federal Reserve Bank of St. Louis has released an argument that seemingly blames altcoins for bitcoin’s latest demise.

With Blockchain Regulation Comes Legitimacy, Says Exchange Founder

“People have tried to cling to the idea that all tokens are utilities and not securities,” says the founder of crypto-exchange ERC dEX, David Aktary.

Bitcoin Price Watch: Currency Breaks $4,000 Resistance Level

At press time, the father of crypto has broken its present resistance level and moved beyond the $4,000 mark (bitcoin is currently trading for roughly $4,043). The currency has interestingly moved head in price, but it’s also bolstered forth in other ways as well. Many analysts claimed that bitcoin mining was wreaking havoc on our present environment.

Cryptocurrency Markets Bleeding – Double Digits Losses Across the Board

The grinch is in town. What started off as a bullish Christmas eve has turned into quite a bearish Christmas day. What we just experienced is a textbook bull trap. Let’s talk about it. They say a picture is worth a thousand words, that’s why one look at Bitgur’s cryptocurrency heat map is all you need to see exactly what’s going on: Source: BitgurAs you can see, double digit losses across the board.
Despite Slump in Crypto Prices, Bitcoin ATMs More Than Doubled in 2018

Despite Slump in Crypto Prices, Bitcoin ATMs More Than Doubled in 2018

Despite the market downturn in digital asset values, cryptocurrency automated teller machines (ATMs) are still in vogue. According to a tweet from cryptocurrency analytics firm DataLight, the number of crypto ATMs doubled in 2018 from 2,025 ATMs in 2017 to 4,051 ATMs, signaling an increase in the adoption of cryptocurrencies in general, despite the slump in price.
British Revenue and Customs Agency Clarifies Law on Crypto Taxes

British Revenue and Customs Agency Clarifies Law on Crypto Taxes

The British government has recently released a policy paper clarifying the tax laws on crypto assets. This fairly straightforward document was released on Her Majesty’s Revenue and Customs’ (HRMC) website, holding a sundry list of important crypto space terms, the relevant tax codes and points of intersection between the two.
French National Assembly Rejects Plan to Loosen Crypto Taxes

French National Assembly Rejects Plan to Loosen Crypto Taxes

The National Assembly in France has recently shot down proposals to ease up the pressure on tax regulations in the crypto space. As reported by Bitcoin.fr, there recently existed a series of proposals to present a friendlier environment to cryptocurrency firms in France, none of which were able to pass the lower house of the nation’s legislature.

First Major Christmas 2018 Crypto Scam Targets Basic Attention Token

As the Christmas holidays are almost upon us, there will be notable increase in the number of financial scams and phishing attempts. The cryptocurrency industry will be no different in this regard, as there are quite a few new campaigns making the rounds right now. Always be careful when clicking unknown links and receiving messages from people one has never had a conversation with before. The Christmas Holiday Crypto Scams No one will be really surprised to learn there will be an increase in the number of cryptocurrency-related scams throughout December 2018.
Unchained Capital Revamps Loans With Multi-Party, Multi-Sig Storage

Unchained Capital Revamps Loans With Multi-Party, Multi-Sig Storage

Blockchain financial service company Unchained Capital will now offer multi-signature and multi-institution cold storage solutions for borrowers who leverage its crypto-collateralized loans service. According to a company statement, the cold storage solution will be multi-institution and collaborative with code-level controls for the safe storage of cryptocurrencies. Earlier this year, Unchained closed a $2.
Japanese Crypto Exchanges Officially Announce Self-Regulating Body

Japanese Crypto Exchanges Officially Announce Self-Regulating Body

Cryptocurrency in Japan has proven to be a rather interesting topic. While the government officially legalized this form of money, the country’s exchanges are trying to introduce more regulation in their own way. A group of 16 registered companies will create a self-regulatory body to generate more trust in this industry moving forward. Self-Regulation in the Cryptocurrency World The cryptocurrency situation has unfolded in an interesting direction for Japan as of late.
Uber Cofounder Announces Eco Cryptocurrency Project

Uber Cofounder Announces Eco Cryptocurrency Project

It seems virtually every person and company aims to create their own cryptocurrency. While that is commendable, it also raises the question as to how viable all of these projects will be in the long run. The co-creator of Uber has officially announced the Eco cryptocurrency, although it remains to be seen who will use it. What Purpose Does Eco Serve? It is always interesting to see what newly-announced cryptocurrencies bring to the table.
Tutellus Drops Ethereum in Favor of NEM’s Blockchain

Tutellus Drops Ethereum in Favor of NEM’s Blockchain

Blockchain-oriented companies are always looking for ways to gain a competitive edge over others. In some cases, that means switching from one blockchain to another. For its part, Tutellus is switching over from Ethereum’s blockchain to NEM’s chain. It’s a remarkable decision, although it remains to be seen if this creates a precedent for other companies. From Ethereum to NEM Over the past few years, we have seen a ton of projects try and build on top of the Ethereum blockchain.
The Downfall of BitConnect Was Only a Matter of Time

The Downfall of BitConnect Was Only a Matter of Time

The demise of BitConnect has shown cryptocurrency investors how dangerous this world really is. In hindsight, there were quite a lot of warning signs along the way, though. In fact, most people saw this coming from miles away, yet thousands of people still lost money. The BitConnect Writing was on the Wall According to a recent interesting infographic associated with the demise of BitConnect, this project was destined to fail.
Monero Price Surpasses $350 Again

Monero Price Surpasses $350 Again

The past few days have been pretty interesting for most cryptocurrency markets. The usual suspects are trying to gain momentum, yet failing for the most part. The Monero price, on the other hand, has not been talked about much, yet its gains are more than respectable. Even these past 24 hours, the Monero price gained another 11.82% in value. Monero Price is Pushing Hard Similar to what we saw in other cryptocurrency markets, the start of 2018 was not kind to the Monero price whatsoever, In fact, the Monero price saw some of the biggest losses in the entire top 15, even though things are looking up once again.
Coinbase Earned 43% of Its Annual Revenue in December

Coinbase Earned 43% of Its Annual Revenue in December

Word of mouth sent cryptocurrency investment to an all-time high at the end of last year, and Coinbase capitalized on it big time. As one of the easier sites on which to start buying crypto, it should come as no surprise that Coinbase was the platform of choice for thousands of new investors. Coinbase experienced a surge of investors like never before last winter, taking in 43% of its annual revenue in December alone.