Delphi Digital has returned with another installment of its unspent transaction output (UTXO) reports. Recalling its report from January of this year, the research firm says bitcoin’s market cycle is right on track. The prior report called Q1 as the bottom of the bear market, and this claim was later corroborated by Adamant Capital’s own…
In a bid to carry out their agendas, crypto firms have turned to lobbying. Citing statistics from the Federal Electoral Commission (FEC), news platform Roll Call reported that fintech firms spent $42 million as lobbying expenses in Q1 in 2019 alone. The report considered the lobbying efforts of firms such as U.S.-based cryptocurrency exchange Coinbase,…
As part of its efforts to be regulatory compliant, Malta-based crypto exchange Binance has partnered with Blockchain startup Elliptic. According to a Coindesk report, the partnership will help Binance mitigate anti-money laundering (AML) concerns as it expands into new regions. Binance announced a similar partnership with cyber security firm CipherTrace on April 11, describing it…
A Medium post published by Spencer Bogart, a general partner at Blockchain Capital, compares data collected from a set of surveys from October 2017 and April 2019 containing identical questions (plus a few new ones). The results, compiled from an online survey taken by 2,029 American adults, reveal that Bitcoin has been growing in the…
Grayscale Investments is weighing in on the gold versus bitcoin debate. Its two sats? Drop the bars, buy the bits (and the dip). The Digital Currency Group off-shoot has launched a “Drop Gold” campaign that encourages investors to ditch the old asset for its digital counterpart, bitcoin. “Everyone loves a piece of gold jewelry, but…
U.S. Attorney’s office for the Southern District of New York has charged two individuals for providing “shadow banking” services to crypto exchanges. According to a statement by Geoffrey S. Berman, the U.S. Attorney for the Southern District of New York, published on April 30, 2019, “Reginald Fowler and Ravid Yosef allegedly ran a shadow bank…
According to a study released by Longhash on April 29, 2019, the relative usage of CoinJoin out of all bitcoin transactions has tripled in one year, currently sitting at 4.09 percent. CoinJoin was first proposed in mid-2013 as part of many solutions to solve the issue that bitcoin transactions are not genuinely anonymous. Considering that…
In Canada, individual provinces are responsible for energy issues, and their interest in Bitcoin mining is growing as several provincial governments have already offered low-cost energy incentives to attract mining operations to their provinces. Quebec, the largest Canadian province, wants in on the action and has overruled its energy provider Hydro-Quebec’s request for a rate…
Federal tax season just passed in the United States, but if you’re one to leave responsibility to the wayside and had to apply for an extension, that might just pay off. It’ll give you the opportunity to become one of the inaugural users of a new joint-endeavor by crypto payment processor BitPay and tax services…
Bitcoin Price Analysis: Short Squeeze Imminent as Bearish Pressure Weakens | Bitcoin Magazine <img src=”https://d5nxst8fruw4z.cloudfront.net/atrk.gif?account=qmvEl1aAFUE06C” style=”display:none” height=”1″ width=”1″ alt=”” /> NOW READING: Bitcoin Price Analysis: Short Squeeze Imminent as Bearish Pressure Weakens OPINION by Bitcoin Schmitcoin Bitcoin Price Analysis: Short Squeeze Imminent as Bearish Pressure Weakens Summary: Following unconfirmed claims by the NYC Attorney General…