Following approval from European authorities, Swiss investment firm Final Frontier is partnering with Bitfury Group to launch a regulated bitcoin mining fund for personal and institutional investors. Bitfury announced the partnership on April 24, 2019, describing the project and some of the advantages that this mining fund will offer to investors. According to the Bitfury…
Bitcoin Price Analysis: Resistance Turned Support Enforces Bullish Continuation | 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: Resistance Turned Support Enforces Bullish Continuation OPINION by Bitcoin Schmitcoin Bitcoin Price Analysis: Resistance Turned Support Enforces Bullish Continuation Summary: After breaking out of a macro reaccumulation range, the market saw…
Telecom giant Samsung has invested 2.6 million euros ($2.9 million) into crypto wallet manufacturer Ledger, the French financial publication Capital reports. The investment gives the France-based startup a nearly $290 million valuation, per the report. The news came shortly after CoinDesk Korea reported that Samsung is developing a blockchain platform and native digital asset of…
According to a report from Fortune on April 23, 2019, the U.S.-based cryptocurrency exchange Coinbase will shut down its Chicago office. Coinbase will scale back plans for a high-frequency trade matching engine in development there, software that automatically matches trade bids to complete trades at a higher rate. The exchange will also lay off about…
On April 24, 2019, Japanese crypto and blockchain company bitFlyer released the results of a study assessing public confidence in crypto assets of 10,000 people across 10 European nations. bitFlyer shared the findings with Bitcoin Magazine, providing details around its methodology. The 10,000 respondents were selected from 10 pools of 1,000 people from each participating…
In what the Manhattan District Attorney calls the first crypto money laundering conviction in New York, two defendants have pleaded guilty to running a drug trafficking business that laundered millions of dollars in Western Union and crypto payments. According to an official announcement shared by the District Attorney’s office on April 24, 2019, Mark Sanchez…
North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report. The research from the Royal United Services Institute (RUSI) finds that as North Korea continues to circumvent international sanctions, it’s turning its attention to cryptocurrencies such…
Wasabi Wallet has released version 1.1.4 of its privacy-focused wallet and the latest upgrade comes with security-bolstering features, improved performance and a curiously named — but definitely useful — new “Lurking Wife Mode.” Proudly advertised as the wallet that lets users “reclaim [their] privacy,” the Wasabi desktop wallet is indeed a favorite of bitcoiners who…
Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards. This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept…
Lightning Labs just released an alpha version of its Lightning Network wallet. The desktop application is now compatible with Bitcoin’s mainnet and it leverages Neutrino (the protocol, not the analytics company acquired by Coinbase) to give users a lightweight option to “control their own funds,” as opposed to running a full node or trusting a…