Economy Minister promises ‘balanced’ approach and rules out cryptocurrency ban in India

Another “ban on cryptography” turns out to be a temporary FUD. In an interview with CNBC this morning, Indian Finance Minister Nirmala Sitharaman said reports of a general ban on cryptocurrencies are exaggerated. While negotiations are underway, she said she expects the end result to be more subdued: “Yes, a lot of negotiations, discussions are […]

Max Keizer decrees ‘Bitcoin or poverty’, complaint against Binance in Brazil and Bitcoin falling in March

The last week again was side trading for the Bitcoin price. Despite having gone over $ 50,000 a few times in the period, Bitcoin appears to have established the $ 47,000 range as support for now. With few price changes, the big deal of Bitcoin whales drew attention with each price drop this week, holding […]

Is Bitcoin a Ponzi Scheme? Choose your side in the latest Cointelegraph Crypto Duel!

Does Bitcoin meet the definition of a Ponzi scheme? That’s the subject of the latest Cointelegraph Crypto Duel, where Kraken’s Bitcoin strategist meets Professor of Computer Science at the State University of Campinas, Jorge Stolfi. Similar to other Bitcoin skeptics, Stolfi has repeatedly defined Bitcoin as a Ponzi scheme. The heart of his argument is […]

First atomic exchange demonstration between Bitcoin and Monero took place today, understand

With great celebration the cryptocurrency community Monero managed to create the first public demonstration of atomic swaps (atomic exchanges) between bitcoin and monero (xmr). Understand why this changes everything for cryptocurrencies. What are atomic swaps and how important are they? Atomic swaps are smart contracts that allow you to exchange between two different cryptocurrencies without […]

McAfee faces crypto fraud charges in New York court

Crypto advocate and Internet security pioneer John McAfee faces several different criminal charges, based on a new statement from the United States Department of Justice, or DoJ. The department accused McAfee of “conspiracy to commit commodities and securities fraud, conspiracy to commit fraud and advertising, conspiracy of electronic fraud and substantive electronic fraud, and money […]

Is the ‘Bitcoin effect’ over? MicroStrategy’s inventory drops 50% in 17 days

Bitcoin price correction (BTC) is not only hurting individual hodlers – the biggest players are suffering in many ways. Market data on March 5 revealed that MicroStrategy, which has more than 91,000 BTC, saw its stock price plummet more than half in just three weeks. MicroStrategy continues to buy BTC On the day the company […]

If history repeats itself, record GBTC discount could bring Bitcoin’s price to $ 100K

Bitcoin (BTC) may continue its bullish trend up to $ 100,000 if a classic institutional purchase signal repeats its historic trend. On a tweet on March 4, Mike McGlone, senior commodities strategist at Bloomberg Intelligence, said those looking for clues as to what lies ahead for Bitcoin should look to the Grayscale Bitcoin Trust (GBTC). […]

Correlation between Bitcoin and S&P 500 reaches almost 50%. Bearish signal?

Bitcoin and traditional financial markets have been highly correlated over the past two months. This was clearly demonstrated in the past few weeks, when the cryptocurrency followed the stock market closely. According to data from Skew, the perceived correlation between the Bitcoin price and the S&P 500 index peaked at 5 months. Bitcoin – Correlation […]

Dallas Mavericks now accepts Dogecoin for team tickets and products

Dogecoin (DOGE), a cryptocurrency born out of a joke, can now be used as payment for tickets and merchandise for the Dallas Mavericks basketball team. The National Basketball Association franchise confirmed on Thursday it became the first major company to accept DOGE, allowing users to convert digital currency into fiduciary using BitPay. We are proud […]