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Ukraine

No License Needed to Mine Cryptocurrencies in Ukraine

No License Needed to Mine Cryptocurrencies in Ukraine Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data. The country remains attractive to miners…
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June 24, 2018 0
Bitcoin

This Week in Bitcoin: McAfee Backs Off, Crypto World Cup and the Mystery of 21e8

This Week in Bitcoin: McAfee Backs Off, Crypto World Cup and the Mystery of 21e8 In this week’s daily Bitcoin in Brief editions, we reported about McAfee’s decision to stop shilling ICOs, crypto businesses’ involvement in the 2018 FIFA World Cup and much more. We also explored, in this week’s most commented-on article, a secret mathematical…
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June 24, 2018 0
Mt. Gox

Mt. Gox Creditors’ Legal Victory: “Enormous Assets” to be Returned

Mt. Gox Creditors’ Legal Victory: “Enormous Assets” to be Returned The Mt. Gox Creditor (mtgoxcreditor) posted Commencement of Civil Rehabilitation Proceedings of Mt. Gox today, indicating a victory for creditors long wondering if an attempt would be made at making them financially whole. The Tokyo District Court ordered the commencement of civil rehabilitation proceedings, and as such…
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June 22, 2018 0
Bear

Bitcoin Eyes Bear Revival After Key Support Breached

Bitcoin Eyes Bear Revival After Key Support Breached Bitcoin’s (BTC) bears may be building for a strong comeback, has pushed prices to an eight-day low below $6,300 earlier on Friday. The price fell to $6,286 on Bitfinex at 09:50 UTC, the lowest level since June 14, and, at press time, was changing hands at $6,326, down…
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June 22, 2018 0

21e800: Bitcoin, Satoshi and the Mystery Twitter Is Obsessing Over

21e800: Bitcoin, Satoshi, and the Mystery Twitter Is Obsessing Over #00000000000000000021e800c1e8df51b22c1588e5a624bea17e9faa34b2dc4a This is a hashtag, but not just any hashtag. In all likelihood, it’s the longest and most confusing one you’ll ever come across trending in the crypto community. Posted on June 19 by Mark Wilcox, the hashtag actually represents a cryptographic code known as a hash that’s…
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June 21, 2018 0
Supreme Court

Bitcoin Just Got a Shoutout in a New US Supreme Court Opinion

Bitcoin Just Got a Shoutout in a New US Supreme Court Opinion That’s not something you see every day: an opinion from the U.S. Supreme Court that makes a reference to cryptocurrencies. On June 21, the Supreme Court issued a ruling on Wisconsin Central Ltd. v. United States, a court case involving a dispute over whether worker stock…
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June 21, 2018 0
Tether

Report: Tether Does Have Enough Dollar Reserves to Back All USDT in Circulation

Report: Tether Does Have Enough Dollar Reserves to Back All USDT in Circulation A Washington-based law firm said today that the cryptocurrency Tether (USDT), which as its name suggests is pegged to the value of the U.S. dollar, holds enough U.S. dollar reserves to back all of its coins in circulation. The news couldn’t come…
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June 20, 2018 0
Football

Bitcoin in Brief Tuesday: Crypto Bets, Viruses, Messages, All Because of Football

Bitcoin in Brief Tuesday: Crypto Bets, Viruses, Messages, All Because of Football The world loves football (or soccer) and crypto companies won’t let the craze expire without tapping into it. Fans can now make predictions and place bets on a blockchain-based platform with a prize fund in cryptocurrency. Unfortunately, not only legitimate businesses, but also…
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June 19, 2018 0

Is Bitcoin’s New All-Time-High Hashrate a Green Light for Bulls

Is Bitcoin’s New All-Time-High Hashrate a Green Light for Bulls Bitcoin tweeted out to it’s 58 thousand plus followers that their hashrate has it another all-time high, experiencing a 15% increase in the last two weeks. Bitcoin Hashrate Constantly Climbing This recent jump and constant rise in hashrate over the past few months shows a consistent level…
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June 19, 2018 0

Ethereum Price Analysis: ETH/USD Broke Key Resistance

Ethereum Price Analysis: ETH/USD Broke Key Resistance Key Highlights ETH price made a nice upside move and broke the $495 resistance against the US Dollar. There was a break above a major bearish trend line with resistance at $498 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now placed nicely…
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June 19, 2018 0