Category Archives: bitcoinist.com

Roubini and Vays Continue to Spar Amid Cryptocurrency Carnage

Nouriel Roubini recently predicted that Bitcoin would drop to zero. Amid Monday’s drop in price, Roubini and Tone Vays predictably continue to feud. On November 16th, Bitcoinist reported on NYU professor Nouriel Roubini’s Twitter proclamation in which he said, “I could gloat about Bitcoin collapsing 10% in a day to $5700. But that is still some way to… Read More »

Top 5 Richest Bitcoin Addresses Belong to Exchanges

The richest Bitcoin addresses are owned by cryptocurrency exchanges. Collectively, these addresses hold less than 3.5 percent of all bitcoins. Richest Bitcoin Addresses Hold $3.1 Billion Not surprisingly, the top 5 wealthiest Bitcoin addresses belong to cryptocurrency exchanges. All of them hold a total of 592,943 BTC, which is currently worth around $3,150 billion. This accounts for roughly… Read More »

US ‘Investigating’ If Tether, Bitfinex ‘Illegally Moved’ Bitcoin Price to $20K

Bitcoin’s latest price plunge has coincided with fresh scrutiny of stablecoin Tether and exchange Bitfinex almost a year after both received subpoenas from US authorities. DoJ ‘Homing In’ On Tether, Bitfinex As Bloomberg reports November 20 citing “three people familiar with the matter,” Tether and Bitfinex, which share a CEO, are under suspicion of market manipulation. While no… Read More »

Bitcoin Public Full Node Count Surpasses 10,000

New data released by Coin Dance this week shows that the number of bitcoin public nodes made a significant jump. The reported 10,094 public nodes places the total number back over 10,000 for the first time since March. Hard Core Around 95 percent of the nodes are running Bitcoin Core, a proportion which has remained steady since early 2018.… Read More »

VanEck’s MVIS Debuts First Ever OTC Index as Binance Invests $3M in OTC Trader

Over-the-counter (OTC) trading gained visibility and prestige this week as MVIS launched the first cryptocurrency OTC index and Binance Labs made fresh investments. Circle, Genesis, And Cumberland: Bitcoin OTC Index Source In a press release November 20, German-based MVIS unveiled its latest digital asset index composed of what it calls “three of the leading providers in OTC liquidity,”… Read More »

India Ready to Unveil Cryptocurrency Law Next Month

The government of India may provide clarity on cryptocurrency regulation as soon as next month with a new draft bill now in the works. Clarity Soon Citing a counter-affidavit issued by India’s Prime Minister Narendra Modi, Quartz reports that the country’s government is likely to provide some clarity on the matter of cryptocurrencies sometime in the next two months.… Read More »

Roel Wolfert: ‘Cryptocurrency Will Just Be a Normal Part of Life’ [Interview]

Bitcoinist recently caught up with Roel Wolfert, co-founder of WHIRL, a socially driven crowdfunding platform built on the blockchain. Roel Wolfert is an expert in digital payments and serves as the COO at Transtrack International, which provides software to banks, governments, and organizations to manage their cash supply chain. Wolfert is also an advisor to the Bancor Foundation,… Read More »

‘People Have Panicked’ – $4.5K BTC Price Business as Usual for John McAfee

Bitcoin’s big names came together to reassure “panicked” investors November 20 after the BTC price today slid beyond recent lows to hit $4500. Resistance Eyed At $4K The continuing result of Bitcoin Cash’s instability after it hard forked last week, BTC/USD 00 hit its lowest in over a year, finding support only around $4480. At press time, the… Read More »

Crypto Really Is Cool in Israel

Cryptocurrencies and blockchain tech have taken the stage in Israel. The country’s first dedicated cryptocurrency investment company has launched two funds, expecting to raise $50 million in assets under management. Moreover, an Israeli mining company eyes an public offering in Canada. Bear Market? Whatever… Despite 2018’s declining prices, Israel’s top leadership has long considered issuing a state-backed digital currency,… Read More »