Report: Bitcoin Use on Darknet Markets Doubled in 2018

Report: Bitcoin Use on Darknet Marketplaces Doubled Throughout 2018Bitcoin use on darknet markets (DNMs) doubled in 2018, a study has shown, rising to an average of $2 million per day. Bitcoin has long been used to buy goods on the darknet due to its relative anonymity, and looks set to remain a favorite on DNMs, despite the existence of more privacy-focused cryptocurrencies. Also […]

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Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 2018

Bitcoin and Market-Related Headlines Dominated Crypto News Coverage in 20182018 was a crazy year for cryptocurrency enthusiasts as markets dropped significantly in value, but there were still plenty of sensational headlines to capture attention in a period when digital currency news coverage changed drastically. According to statistics from Cryptocompare and alternative research from other sources, media crypto narratives have evolved rapidly. Also read: Openbazaar’s New […]

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Crypto Cards Are Legal in Russia, According to the Finance Ministry

Crypto Cards Are Legal in Russia, According to the Finance MinistryUsing cryptocurrency debit cards to pay for goods and services does not contradict Russian law, Deputy Finance Minister Alexei Moiseev was quoted as saying by local media. He believes these transactions are legal as the seller receives the money in Russian rubles.   Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says Buying […]

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Bitcoin Price Analysis: BTC Volumes Shrink 22% From Jan 10

Bitcoin Price in a $300 range mode ShapeShift bombarded with US DoJ subpoenas in Q4 2018 Transaction volumes dip, moving averages slide from 18k to 14k in four days Participation levels are low, and with drying transactional volumes, BTC prices are ranging. However, with a flurry of subpoenas, exchanges are wary. All in all, we

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Demystifying Bitcoin Futures Trading

Bitcoin is still a young and inefficient market, as evidenced by its many peculiarities. For example, contracts for bitcoin futures on the Chicago Board Options Exchange (CBOE) have been trading in backwardation, which means contracts with a later expiration are trading consecutively lower. This is not a bearish indicator for prices, however, analysts explain. Also […]

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Openbazaar’s New Social Media Platform Aims to Foster Privacy

Openbazaar's New Social Media Platform Aims to Foster PrivacyOn Thursday, during the first day of the North American Bitcoin Conference (TNABC), Openbazaar founder and CEO Brian Hoffman announced a new service called Haven Privacy. The product is a multi-faceted application for Openbazaar’s mobile and full node clients allowing users to chat, shop, and send cryptocurrencies in a private fashion. Also read: Report From Within […]

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Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own Economy

Report From Within Shut Down Zimbabwe: A Government That’s Crippled Its Own EconomyA shutdown of the internet by the Zimbabwe government this week, in an attempt to quell deadly protests, ended up achieving the exact opposite result – a total shutdown of the economy, including key public services like health and education. Also read: South Africa Wants to Mandate Registration of Crypto Service Providers Miscalculating Government Paralyzes […]

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Stock Exchange of Thailand Unveils Plan to Enter the Crypto Space

Stock Exchange of Thailand Unveils Plans to Enter the Crypto SpaceThe Stock Exchange of Thailand is reportedly planning to launch a cryptocurrency exchange. The securities companies that are members of the exchange will also apply for cryptocurrency broker-dealer licenses with the country’s regulator. Thailand currently has three licensed crypto exchanges. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations SET Planning to […]

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Bitcoin Price Watch: BTC Signaling Decent Comeback Above $3,700

Bitcoin price declined again and tested the $3,550 support area before recovering against the US Dollar. There was a break above a major bearish trend line with resistance at $3,585 on the hourly chart of the BTC/USD pair (data feed from Kraken). The price is currently showing positive signs above the $3,600 support level, with

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Mining Closures Reveal Recurring Bitcoin Bear Market Trend

Mining Closures Reveal Recurring Bitcoin Bear Market TrendAnother bitcoin miner this week shut down its operations, though the news didn’t come as much of a shock. The latest closure, of U.S.-based Giga Watt which went bankrupt last year, follows a trend among large mining operations that stretches back years. Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says Bankruptcy to […]

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