EXCHANGES

More than One Year Later, BTC Price Skyrockets Past $10K

[ad_1] On June 21, the price of bitcoin core (BTC) crossed the $10,000 mark for the first time since March 08, 2018. At the moment BTC has a $180 billion dollar market capitalization as the cryptocurrency gathered more than 166% over the last six months. Also read: These Are 2019’s Biggest Cryptocurrency Winners and Losers so Far BTC Surpasses $10K Digital asset fans celebrated once again as the price of
BLOCKCHAIN

Australian Reserve Bank Official Advises Caution in Anticipation of Libra

[ad_1] Governor of the Reserve Bank of Australia (RBA), Philip Lowe, cautions that Facebook’s announced virtual currency—Libra—may not attain mainstream usage in the near future, according to a report by Bloomberg on June 20The report quotes Lowe as follows regarding Libra:“There’s a lot of water under the bridge before Facebook’s proposal becomes something we’re using all the time [...] There are a lot of regulatory issues that need to be
Business

Bitcoin Breaks $10,000 for First Time Since March 2018

[ad_1] Bitcoin (BTC) has continued its steady rally in price over the past three months to break $10,000 today for the first time in over a year, according to Coin360.Market visualization courtesy of Coin360Bitcoin broke the $10,000 mark today after trading in the $3,000-$4,000 range for the first four months of this year. As of press time, Bitcoin is up 6.53% on the day and trading at $10,153.Bitcoin 1-year price
EXCHANGES

Major Korean Crypto Exchange Bithumb Prosecuted For Failing to Protect its User’s Data

[ad_1] Based on a recent report, South Korean crypto exchange Bithumb which failed to take precautions to keep personal information safe is now being prosecuted. The exchange is accused of allowing hackers to use its user’s information to steal money for the platform. The Data Breach Led to the Loss of About $7 Million According to prosecutors, the violation of data which led to the loss of around $7 million
EXCHANGES

Ripple CEO Shows He’s Not an XRP Maximalist After All

[ad_1] Ripple CEO Brad Garlinghouse admits he isn’t an XRP maximalist per say, and says he actually owns bitcoin. Bitcoin is a Store of Value Fielding questions during Thursday’s session of Fortune’s Brainstorm Finance 2019 conference, revealed that the Ripple CEO is a bitcoin bag holder. Commenting on the multifaceted nature of the emerging cryptocurrency landscape, Garlinghouse declared: I don’t think there is going to be one crypto rule them
ANALYSIS

How Ben Mezrich Writes About the Winklevoss Twins

[ad_1] Molly Jane Zuckerman is the head of news at Cointelegraph. The views expressed here are her own and do not necessarily represent the views of Cointelegraph. This article contains spoilers.The irony of a book about the Winklevoss twins’ journey into cryptocurrency — which stresses over and over again how important it has been to their legacy to eclipse their past dealings with Facebook and Mark Zuckerberg — getting published
EXCHANGES

Bitmain Allegedly Looking for $500 Million in Upcoming U.S Share Sale

[ad_1] According to Bloomberg sources, Chinese Bitcoin mining giant, Bitmain Technologies Ltd, is looking to launch an initial public offering (IPO) in the U.S, to raise $300- $500 Million. Bitmain Reportedly Planning U.S IPO New 2019 price highs, renewed optimism, and other indicators show that investment in Bitcoin mining is about to be as profitable as it was prior to the 2018 bear market. In effect, in 2017, Bitmain declared
EXCHANGES

France Forms G7 Cryptocurrency Task Force In Wake Of Facebook’s Libra

[ad_1] France will set up a task force for the G7 nations to investigate ‘stablecoin’ projects such as Facebook’s Libra cryptocurrency.  France’s Central Bank Isn’t Entirely On-Board With Stablecoins France’s Central Bank Governor, Francois Villeroy de Galhau, made the announcement, while addressing finance industry officials. He added that Benoit Coeure of the European Central Bank (ECB) would lead the task force. We want to combine being open to innovation with firmness
ALTCOIN

Grayscale’s Ethereum Security Now Listed on OTC Markets

[ad_1] Grayscale’s Ethereum-based security, Grayscale Ethereum Trust (ETHE), is available for trading on OTC Markets, according to an official blog post from Grayscale Investments on June 20. According to the post, ETHE is “an open-ended trust that holds Ethereum.” As further noted, this is a means of investing in Ethereum without having to actually hold the cryptocurrency. This means that the “first U.S.-based publicly quoted security solely invested in and deriving
EXCHANGES

Kleiman Attorney: ‘Craig Wright Hasn’t Complied With the Order to List His Bitcoin’

[ad_1] A court filing has surfaced in the ongoing Kleiman v. Wright lawsuit that gives details concerning the existence of the alleged Tulip Trust and another trust known as the Tulip Trust II. The filing of Craig Wright’s declaration dated May 8, 2019 is partially redacted but gives a description of the ostensible trusts of bitcoin holdings. Further, the court mediation between both parties held on June 11 shows the