Category Archives: bitcoinist.com

South Africa to Start Tracking All Cryptocurrency Transactions in 2019

Owning bitcoin in South Africa just got a little harder, or at least it will do by the end of quarter one this year. According to a consultation paper published yesterday by the South African Reserve Bank (SARB), some hefty new regulation surrounding and exchanges and ATMs is about to be enforced. South African Regulators Are Cracking Down… Read More »

ICOs Raked in $13 Billion Despite 90% ETH Price Drop, New Research Finds

ICOs made almost $13 billion in profits from their token sales despite the 2018 cryptocurrency bear market, new research from BitMEX reveals. BitMEX: ICO Issuers ‘Gave Themselves $24 Billion’ Published January 16, the third instalment of the trading platform’s dedicated series on ICO statistics also suggests ICO teams “gave to themselves” tokens worth over $24 billion at the… Read More »

Bitcoin Price Analysis: Bulls Too Confident, Too Soon

After the sharp decline for Bitcoin price yesterday retesting the low $3,500s we take a closer look at whats going on with the market. Bitcoin Price: 4-Hour Bitcoin Chart Bitcoin price 00 has failed to regain the critical $3750 point of control so far this week and is still consolidating under it after being rejected by the $4k… Read More »

Kraken CEO Warns: Don’t Keep More Coins Than Needed on Exchanges

Binance and Kraken CEOs weighed in on industry best practices for storing cryptocurrency in the wake of Cryptopia getting hacked. The question remains, which means of storage has the least risk exposure? CZ Sees Three For Binance CEO, Changpeng ‘CZ’ Zhao, users have three options; self-storage, on exchanges, or using decentralized exchanges (DEX). Yesterday, CZ commented on coin… Read More »

Bitcoin Too Risky? US Lottery Ticket Sales Exceed Entire BTC Market Cap

Every year, US citizens spend north of $70 billion on state lottery tickets. That’s almost $8 billion more than the entire market cap of Bitcoin. And more than half of the entire crypto market as a whole. US Citizens Spend Billions on Lottery Tickets Comparison is a great way of putting things in context. Lose your wallet, arrive… Read More »

Satoshi’s Vision ‘Not a New VISA’ But An Alternative to Banks, Says Dan Held

Bitcoin creator Satoshi Nakamoto wanted it to be an “alternative to banks,” not a “new VISA,” cryptocurrency veteran and former Blockchain executive Dan Held has said. What’s In A ‘Vision’? In a series of tweets January 14, Held became the latest well-known figure to take issue with pundits who claim Bitcoin’s intended purpose is primarily as a currency… Read More »

You Can Now Buy Tokenized Apple Shares With Bitcoin and Ethereum

A Belarus-based startup has launched a tokenized securities trading platform enabling investors to buy into traditional markets with bitcoin and ethereum. Tokenized Securities Blockchain tech company Currency.com has announced the launch of its trading platform for tokenized securities. The Belarus-based platform is intended to enable investors to trade and invest in common financial instruments such as equities, commodities,… Read More »

Bitfury Brings Lightning Network Payments to the First Bitcoin Exchange

Bitfury’s Lightning Peach team has just announced the implementation of Lightning Network payments on cryptocurrency exchange BTCBIT. This is the result of an ongoing collaboration between the two companies. Fast (And Cheap) As Lightning Lightning Network is a second-layer protocol, utilizing a large network of open two-party channels, to enable multiple payments, without the need to record each… Read More »

The Marshall Islands is Getting Serious About Its SOV Cryptocurrency

A usual reaction when looking for innovation centers is to turn to Silicon Valley, Tokyo, or New York. Yet, when it comes to cryptocurrency adoption, time and again, we’re seeing the smaller countries pick up the torch. Next in line after Malta, Gibraltar, Lichtenstein, and Switzerland is the Republic of the Marshall Islands, developing their own legal tender… Read More »

Russia: Cryptoruble Coming ‘Within 2-3 Years,’ Gov’t Official Says

Russia could introduce the Blockchain-based alternative to its fiat currency, the ‘Cryptoruble’, within “two to three years,” a senior politician has said. Aksakov: Cryptoruble ‘Will Not Differ’ From Fiat Ruble Anatoly Aksakov, chairman of the financial markets committee at Russia’s state parliament the Duma, made the forecast speaking to local news outlet RIA Novosti. Long under discussion, Russia… Read More »