Satoshi Posers — Why So Many Takers for the Bitcoin Crown?

The real identity of Bitcoin’s founder, Satoshi Nakamoto, has been a mystery since the inception of the preeminent cryptocurrency over a decade ago. Over the last 10 years, various people have claimed to be the mysterious Satoshi, but their assertions have always been met with skepticism and have lacked any substantial evidence to prove the point. This has seemingly come to a head over the last couple of months, as a number of people have gone a step further than claiming to be Bitcoin’s founder by filing copyright and trademark…

Bitcoin Analyst Says BTC Could Reach $25,000 by End of 2019

Bitcoin (BTC) price analyst Oliver Isaacs thinks it will hit $25,000 around the end of 2019, according to a report by The Independent on June 5. Isaacs discussed the reasons he still has high hopes for a rally in the near future, saying: “There are multiple drivers behind the recent resurgence. There are geopolitical, technological and regulatory drivers. The net effect of the trade war between the U.S. and China has led to the sudden interest in bitcoin as a hedge on investments.” Draper also reportedly commented on the state…

Facebook’s GlobalCoin Will Annihilate Ripple

By CCN: Ripple (XRP) and most other cryptocurrencies should be looking over their shoulders now that Facebook has announced it is launching GlobalCoin (or Libra), according to Bitcoin expert Max Keiser. In Keiser’s opinion, GlobalCoin will render altcoins irrelevant, and this includes Ripple. The Bitcoin bull also sees the Facebook coin obliterating payments and remittance companies leveraging cryptocurrencies: “The $FB global stable coin… FaceCoin obviates need for hundreds of alt-cons including XRP. The alt-coin apocalypse is nigh.” Max Keiser expects altcoins to be wiped out by GlobalCoin | Source: Twitter…

Facebook’s GlobalCoin Will Annihilate Ripple

By CCN: Ripple (XRP) and most other cryptocurrencies should be looking over their shoulders now that Facebook has announced it is launching GlobalCoin (or Libra), according to Bitcoin expert Max Keiser. In Keiser’s opinion, GlobalCoin will render altcoins irrelevant, and this includes Ripple. The Bitcoin bull also sees the Facebook coin obliterating payments and remittance companies leveraging cryptocurrencies: “The $FB global stable coin… FaceCoin obviates need for hundreds of alt-cons including XRP. The alt-coin apocalypse is nigh.” Max Keiser expects altcoins to be wiped out by GlobalCoin | Source: Twitter…

Bitcoin (BTC) Chart Likely Still Overbought, Should Investors Be Worried?

Bitcoin Isn’t in The Clear Yet Over the past week, Bitcoin (BTC) bulls have finally begun to relent. Earlier this week, BTC hit $7,450 just days after hitting $9,100 — a drop of around 20%. Despite this, bulls have begun to show their faces once again, pushing BTC back over $8,050 in the past 24 hours. As of the time of writing, most digital assets are up 5% in the past 24 hours, all while some altcoins, namely Litecoin, NEO, and Bitcoin SV, embark on double-digit runs. BTC may not…

Bitcoin Trade Volume on Coinbase Hit a 14-Month High in May

Bitcoin trading volume on the largest US-based cryptocurrency exchange, Coinbase, hit the highest amount seen in 14 months in May. During the month of May, Coinbase facilitated the trade of 738,959.42 bitcoins — worth approximately $5.9 billion at current market prices — according to data from Bitcoinity. This development marks the exchange’s highest level of bitcoin trade volume since March of 2018. Additionally, it also represents the sixth-most voluminous month for bitcoin trading on the exchange to date. Perhaps not surprisingly, the rise in volume was accompanied by a 60 percent…

Republic of San Marino Issues Regulatory Policies on Tokens, Token Offerings

The captains regent of the Republic of San Marino, Nicola Selva and Michele Muratori, have issued a governmental decree on blockchain tech for businesses, according to a recent document. The new decree outlines procedures for registering a blockchain-based organization with the “Istituto per l’Innovazione della Repubblica di San Marino,” or San Marino Innovation Institute.   According to the decree, blockchain-based organizations in the Republic of San Marino, the EU, or any country not classified as “high risk” and also considered relevant to the purview of San Marino legislation, may apply…

Electron Cash Users Can Now Send Bitcoin Cash to Mobile Phones

The developers behind the Bitcoin-Cash-based Electron Cash light client have added a slew of new features to the latest 4.0.6 version. Now Electron Cash users can send bitcoin cash to mobile phones via the Cointext service. In addition to this new functionality, the Cashshuffle implementation within the wallet now permits up to 99.9999 BCH per shuffle, instead of the default 50 BCH the platform previously allowed. Also read: Bitcoin.com’s Local Bitcoin Cash Marketplace Is Now Open for Trading Developers Add Cointext Functionality to the Latest Electron Cash Release The Electron…

$1.5M in Stolen Bitcoin From 2016 Bitfinex Hack Changes Address

A portion of bitcoin (BTC) stolen from Bitfinex crypto exchange back in 2016 has been moved from hackers’ wallets to an unknown address on June 7, based on several tweets by crypto transaction tracker Whale-alert.io. The movement of stolen bitcoins has allegedly started earlier today at 06:08 AM UTC and involved of six transactions to date, totally worth about 185 bitcoin, or $1.5 million at press time. Five out of six transactions of stolen funds from Bitfinex hack 2016 on June 7. Source: Whale Alert Twitter The amount of recently…

BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, TRX: Price Analysis 07/06

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The white paper for Facebook’s stablecoin might be released as early as June 18, according to multiple sources. This has been an eagerly awaited project as the social media giant along with its sister companies WhatsApp and Instagram can reach millions of customers.   In…