Month: December 2018

Five New Year’s Resolutions to Improve Your Crypto Life in 2019

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Five New Year’s Resolutions to Improve Your Crypto Life in 2019 December 30, 2018 by Jon Southurst How was 2018 for you? Think you can tweak your life to make 2019 better? We here at Bitsonline are no self-help gurus — you won’t find any fitness tips, diet or relationship wisdom, or coke-induced affirmations here. But we can throw out a few suggested new year’s resolutions for 2019; tidbits of useful advice on how to improve your bitcoin and crypto-holding existence over the coming year, and further into the future.…

Chinese Survey: 40% Want To Invest In Bitcoin (BTC), 98% Know Of Crypto

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40% Of Chinese Surveyed Want To Invest In Bitcoin According to a survey conducted by PANews, routed through Chinese crypto-friendly media outlet 8BTC, 98.22% of those surveyed had heard of cryptocurrency technology, whether it be Bitcoin (BTC), Ethereum (ETH), or otherwise. The survey had 4,980 respondents, 4,200 of which responded in a valid/bonafide manner. Survey: Nearly 40% of #Chinese Would Like to Invest in #Bitcoin Despite Prolonged Bear | https://t.co/z0jfNUUekk https://t.co/ueoNl57mYn — 8BTCnews (@btcinchina) December 29, 2018 While essentially all respondents have heard the good word of crypto, so to…

Amazon (AMZN) Posts Record Holiday Sales To Outperform FAANG Over Xmas

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Although Amazon (AMZN) remains on thin ice, especially as equity markets continue to toss and turn, the world-renowned Nasdaq stock performed its FAANG counterparts over Xmas week. Many analysts have chalked up its relatively strong performance to booming holiday sales data. Amazon Booms Over Xmas Week Holiday seasons are retail stocks’ home rink, so to speak. Holiday cheer, coupled with notable agnostic and non-agnostic celebrations, pushes consumers to buy copious amount of product. This year, it seems that Amazon was primarily the back-end of the holiday-induced retail influx. Citing a company…

Top Cryptocurrencies Mostly in the Red, Bitcoin Falls Below $3,900 Again

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Sunday, Dec. 30 — most of the top 20 cryptocurrencies are seeing discreet losses while a few report discreet gains. Bitcoin’s (BTC) price is under $3,900 again, according to Coin360 data. Market visualization from Coin360 At press time, Bitcoin is down a fraction of a percent on the day, trading at around $3,880. Looking at its weekly chart, the current price is substantially lower than the Monday’s high of $4,271, and also lower than $4,011, the price of BTC one week ago. Moreover, the current price is still substantially up…

Were The WEX Exchange Admins FSB/CIA Double Agents?

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Were The WEX Exchange Admins FSB/CIA Double Agents? December 30, 2018 by Jeff Fawkes A recent study published by the Russian Lenta news agency indicates that WEX and BTC-e crypto exchanges were used by double agents to launder money for both the U.S. secret service and Russian FSB agents. Also, the main owner of the BTC-e exchange, until his arrest in 2016, was allegedly FSB Informational Security Center #2 Сhief, Sergey Mihaylov. Also read: ConsenSys to Shrink With Ether Price, Lubin Remains Upbeat Subscribe to the Bitsonline YouTube channel for great videos featuring…

Billions Living Under Authoritarian Regimes Need Bitcoin Says Human Rights Activist

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News When reporting on cryptocurrency, the mainstream media often focuses on price drops relating to USD. But a human rights activist reminds the general public that Bitcoin is not another commodity or stock on the market, rather, a tool for liberation. Also Read: Iranian Students in the UK Use Bitcoin to Bypass Banks Bitcoin is a Tool for Freedom, Not Speculation Alex Gladstein, Chief Strategy Officer at the Human Rights Foundation, has published an article titled ”Why Bitcoin Matters for Freedom” in Time Magazine. In it he explains how cryptocurrency can…

Chinese Survey Finds Nearly 40 Percent of Respondents Would Invest in Crypto

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A Chinese survey of 4,200 respondents has shown that 40 percent are willing to invest in crypto in the future, local Chinese crypto news outlet 8btc reports on Dec. 26. PANews, whose Twitter describes the outlet a news source for sharing blockchain news across Asia, conducted the survey. According to the answers gathered during the crypto-related survey, about half of all the respondents had heard of the following terms: cryptocurrency, digital currency or Bitcoin (BTC). On the other hand, 63 percent of the respondents believe that there is no necessity…

Bitcoin Whales and the Rise of Crypto-Fueled OTC Desks in 2018

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Economics Cryptocurrencies grew immensely popular in 2017, but throughout the following year, digital asset markets fell sharply in value. However, over-the-counter (OTC) market makers thrived in 2018, with a slew of business models in the industry catering to OTC clients.   Also Read: Bitbacker.io Aims to Offer a Cryptocurrency-Powered Patreon Alternative Billions Swapped Using Over-the-Counter Cryptocurrency Services in 2018 Even though digital currency markets dropped considerably in value in 2018, early investors and crypto whales who believe in the future of this asset class stocked up. Long term supporters will cost-average…

White Hat Hackers Earned $878,000 from Crypto Bug Bounties in 2018, Data Shows

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White hat hackers have been awarded $878,000 in bug bounties this year, technology news website TheNextWeb reports on Dec. 30. Bug bounties are a type of competition in which companies that develop software invite hackers to break their software and responsibly disclose the vulnerabilities, so they are able to fix them before they are exploited. According to TheNextWeb, hackers earned $534,500 on HackerOne, a bug bounty platform connecting companies with hackers just from Block.one, the company which stands behind EOS. In fact, Block.one is reportedly responsible for 60 percent of…

U.S. Federal Reserve still not ready for a Government based cryptocurrency

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The Central Bank not in support of CBDC’s The Fed has rejected the idea of a Centrally Backed Digital Currency(CBDC) as this goes against the old financial system. Bitcoins big price swing that push it a little into the mainstream audience, has led some to believe that this can become the future of money. There is currently an incredible amount of companies that are promoting the Blockchain technology based assets. A lot of advocates have been benefiting from the cryptocurrency industry, but there is still a long way to go…