Tag Archives: Bitcoin

UK Mosque Opens Crypto Donations in National First ‘Bitcoin Ramadan’

A UK mosque has broken with opinion and opted to accept cryptocurrency donations for this year’s Ramadan period, local media report this week. The Shacklewell Lane Mosque in Dalston, East London, also known as Masjid Ramadan, partnered with local Blockchain startup Combo Innovation to set up a Bitcoin and Ethereum wallet for the Ramadan practice of Zakat, or… Read More »

Bitcoin Price Rewinds to $7,800 as Cryptocurrency Market Drops $27 Billion Overnight

Advertisement Join our community of 10 000 traders on Hacked.com for just $39 per month. On yesterday’s report, CCN emphasized that if the bitcoin price falls below the $8,200 resistance level once again, a reentry into the $7,000 region is inevitable. Over the past 24 hours, the bitcoin price dropped by around 4 percent from $8,300 to $7,850.… Read More »

Former Obama Aide Targeted by Anti-Bitcoin Political Ad for Accepting Crypto Donations

Democratic congressional candidate Brian Forde has been targeted by anti-crypto political advertising for accepting Bitcoin (BTC) donations to his campaign, VICE reported Tuesday, May 22. Forde’s rival Dave Min, who is also running for the Democratic nomination for the upcoming congressional elections in California, circulated an ad suggesting that Forde’s donors are “Bitcoin speculators that oppose cracking down… Read More »

UK Mosque Defies Islamic Scholars To Accept Bitcoin Donations

Wilma Woo · May 23, 2018 · 5:00 am A UK Turkish-owned mosque will become the country’s first to accept cryptocurrency donations during Ramadan, putting it at odds with Ankara on the subject. ‘Uncharted Waters’ Shacklewell Lane Mosque in Hackney, East London, also known as Masjid Ramadan, announced the measures as part of the Islamic traditions of Zakat… Read More »

China Blames Poor Investment Choices on Crypto Industry

Nikita Blows · May 23, 2018 · 3:00 am China has shockingly (not really) issued yet another warning about the so-called perils that come along with investing in the cryptocurrency industry. This time, it’s in the form of a news report run by its state TV channel. The Bubble Chant Continues According to China Banking News, the report,… Read More »

Survey: Most Cryptocurrency Traders are Young with Little Experience

Social trading platform eToro has analyzed the profiles of its users who invested in cryptocurrencies between March 2017 and February 2018. The report reveals that Ripple (XRP) is the most traded digital currency on eToro’s marketplace.eToro Reveals Popularity of Crypto-Investment By Age, Gender, And Job SectorGlobal trading and investment platform eToro has reported the results of its user… Read More »

MIT Is Testing A Smart Contract-Powered Bitcoin Lightning Network

An MIT test is providing a rare glimpse of how bitcoin might truly work at scale. Revealed to CoinDesk last week, the prestigious U.S. university has been quietly demoing an experimental use case for bitcoin’s lightning network, one that showcases how it might be combined with smart contracts to not only handle millions of transactions, but do so… Read More »

Bitcoin Lead Developer Garvin Andresen Won’t Do Public Interviews Anymore: Bitcoin (BTC) Technical Analysis (May 23, 2018)

As it is, Bitcoin prices are basically in a consolidation and swaying within a tight $2,200 range with tops at $10,000. Regardless of recent swings, I’m net bullish and today, its likely prices might move higher and sync with April 15 bullish candlestick. From the News There are some pretty nice developments in the crypto world and because… Read More »

PayPal: We’ll ‘Definitely Support’ Bitcoin If It Becomes ‘Better Currency’

Wilma Woo · May 22, 2018 · 11:00 pm The CFO of PayPal defended the case for fiat merchant settlements Monday, telling mainstream media the company could nonetheless “definitely support” Bitcoin in the future. CFO Rainey Points Finger at Volatility Speaking to CNBC in an edition of the network’s Mad Money segment, John Rainey, PayPal’s CFO, claimed that… Read More »