Month: July 2019

Is Tron (TRX) Price Resurgence Linked to Justin Sun’s Possible Presence in the US?

boss

Tron (TRX) is recovering, adds 13.2 percent Justin Sun is safe and not restrained from traveling Justin Sun, the co-founder of Tron, is “safe” as NewsBTC reported. Other sources indicate that he is in San Francisco and not detained by Chinese authorities. Overly, this is bullish for TRX. Already, the coin is up 13.2 percent from last week’s close. Tron Price Analysis Fundamentals Blockchain, as an emerging technology, is broad and global. Touted as a leading innovation in the 21st century, it is the foundation of the current disruption. Although…

Newegg Announces Bitcoin Payments for its Stores in 73 Additional Countries

boss

Major online computer and consumer electronics retailer, Newegg Inc., has announced that another 73 nations where the firm operates will now be accepting Bitcoin payments like in the U.S. and Canada. Newegg Inc., an online retail firm which specializes in the sale of computer hardware and consumer electronics, has just announced that it will be accepting Bitcoin payments in 73 more countries. This new expansion directly means that Bitcoin payments are now possible in almost all of the 81 countries where Newegg operates worldwide. Back in July 2014, Newegg entered…

Facebook Libra Not Avoiding U.S. Regulators, Switzerland a Better Fit

boss

Among all the issues cropping up in Facebook’s recent hearing in the United States Congress regarding its new Libra cryptocurrency, the matter of location was perhaps the thorniest. Testifying before various banking and financial committees, Libra co-creator David Marcus was repeatedly questioned as to why Facebook had decided to establish the subsidiary behind its newfangled stablecoin in Switzerland rather than good ol’ America. Reps. Patrick McHenry, Josh Gottheimer and Bill Huizenga, for instance, all asked queries touching on the decision to set up abroad, insinuating in the process that Facebook…

Another Self-Proclaimed Satoshi Appears in the High Profile Bitcoin Lawsuit

boss

A new filing has been submitted to the ongoing Kleiman v. Wright case stemming from a man who claims to be Satoshi Nakamoto. The man, named Debo Jurgen Etienne Guido, has sent handwritten testimony to the Southern District of Florida courthouse asserting that he is the “genuine and only originator/creator” of the genesis block that started the Bitcoin network in 2009. Also Read: Many Self-Proclaimed Bitcoin Inventors and Satoshi Clues Were Debunked in 2018 A Wild Satoshi Appears in the Kleiman v. Wright Lawsuit The high profile billion-dollar bitcoin lawsuit…

Ripple (XRP) Bulls Are Back, Prices up 5% Despite SWIFT’s Stiff Competition

boss

Ripple (XRP) is steady, adds 5.3 percent SWIFT, in a global trial, settled a cross-border transaction from Australia to Singapore in 13 seconds In a test, the Society for Worldwide Interbank Financial Telecommunication (SWIFT), achieved speeds closer to those of Ripple. A possible threat to Ripple’s global expansion, XRP prices are firm, adding 5.3 percent in the last week. Ripple Price Analysis Fundamentals Statistics from the World Bank reveal that the global remittance market was valued at $1.93 billion in 2018. However, it is what the future holds that is…

VpnMentor Finds Sensitive Data Leak in Crypto Loan Platform YouHodler

boss

Security researchers from virtual private networks-focused website vpnMentor have identified a users’ private data breach from digital currency loan platform YouHodler, according to a press release shared with Cointelegraph on July 24. According to vpnMentor, the leak exposed over 86 million records that contained information such as full personally identifiable information, credit card numbers and credit card verification values, and bank account details, as well as detailed data regarding users’ crypto wallets and transactions. The breach purportedly enabled anyone in possession of the data to find the real identity of…

Bitcoin (BTC) Reacting from $9,500, Will Hangzhou Internet Court Ruling Trigger Demand?

boss

Bitcoin (BTC) steady below $10,000 Hangzhou Internet Court recognizes Bitcoin as property China may be restrictive, but Chinese miners plays a vital role in the Bitcoin ecosystem. Therefore, despite the People’s Bank of China stance, the ruling from Hangzhou Internet Court is bullish. Currently, BTC is up 3.8 percent week-to-date. Bitcoin Price Analysis Fundamentals Chinese policies are against the proliferation of digital currencies. Nonetheless, that is not to say the country is not instrumental in the thriving Bitcoin economy. Several studies show that over 60 percent of Bitcoin’s hash power…

Newegg Adds Bitcoin Payment Option to 73 More Countries

boss

California-based online retail store Newegg expanded Bitcoin (BTC) payment options to customers in 73 more countries. Bitcoin payment remains unavailable in six out of over 80 Newegg-served countries Following the announcement, Newegg customers can now purchase its products with Bitcoin (BTC) in almost all of the countries under Newegg’s coverage, according to a press release on July 24. While Newegg reportedly serves over 80 countries worldwide, BTC payment will remain unavailable for customers residing in six countries: Algeria, Ecuador, Egypt, Indonesia, Morocco and Vietnam, the company noted on its website.…

Bitcoin Not Moved for at Least Five Years is at an All-Time High

boss

The amount of Bitcoin (BTC) that has not been moved for at least five years is at an all-time high, reports cryptocurrency data website Coinmetrics on July 23. Is hodling currently at its highest? Per the report, the amount of BTC held in a single address unmoved for at least five years recently reached its all-time high. More precisely, on July 19, the number of coins meeting this requirement reached 3,847,859 BTC. Coinmetrics claims that this suggests that Bitcoin is increasingly becoming a store of value, as opposed to a…

Most Germans Skeptical Towards Facebook’s Libra, Only 12% Welcome it

boss

About 71% of German citizens are skeptical towards Facebook’s Libra stablecoin, while only 12% welcome it, according to a survey published by German financial association Bürgerbewegung Finanzwende on July 23. Most Germans already have an opinion Notably, the survey also showed that almost every one of the 2,093 German adults surveyed had an opinion on the matter, with only 17% saying that they are not sure what to think about the stablecoin. Furthermore, 52% of the respondents also pointed out that Facebook’s impact on society is already problematic today, and…