China’s Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad

By | July 21, 2018

China’s Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad The chives growing in one crypto tycoon’s California mansion carry a hidden message. Guo Hongcai, a beef salesman turned early bitcoin adopter from China’s Shanxi province, is one of many freshly minted millionaires funneling parts of their wealth out of the country by purchasing real estate abroad.… Read More »

Crypto Markets See Solid Upswing, Bitcoin Pushes $7,500

By | July 21, 2018

Crypto Markets See Solid Upswing, Bitcoin Pushes $7,500 Crypto markets are seeing mostly green today, July 21, continuing the momentum of this week’s upswing. The top ten altcoins are solidly regaining strength today, up as much 8%, according to Coin360, with Bitcoin (BTC) only slightly in the green, hovering near yesterday’s levels.   Market visualization from Coin360 The top… Read More »

CME Report: Bitcoin Futures Average Daily Volume up 93% in Second Quarter

By | July 20, 2018

CME Report: Bitcoin Futures Average Daily Volume up 93% in Second Quarter Bitcoin (BTC) futures average daily volume (ADV) at the Chicago Mercantile Exchange (CME) increased by 93 percent in the second quarter over the first quarter of 2018, the company revealed in a tweet July 20. CME also stated that the rate of open interest (OI) or… Read More »

Newly Launched Bitcoin Optech Initiative Aims to Address BTC Scalability Issue

By | July 20, 2018

Newly Launched Bitcoin Optech Initiative Aims to Address BTC Scalability Issue A team of Bitcoin (BTC) engineers has announced the launch of the Bitcoin Operations Technology Group (Bitcoin Optech) addressing the problem of Bitcoin’s scalability, according to their statement published July 20. Bitcoin Optech is a non-profit organization backed by leading industry players like PayPal Board Member Wences… Read More »

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 20

By | July 20, 2018

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 20 The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided… Read More »

U.S. Rep. Brad Sherman’s Negative Stance on Bitcoin Is Loud and Clear

By | July 20, 2018

U.S. Rep. Brad Sherman’s Negative Stance on Bitcoin Is Loud and Clear Wednesday’s US House Committee hearing on financial services and Bitcoin was not exactly successful. In fact, it was another example of how biased some politicians are when it comes to new forms of money. US Representative Brad Sherman is getting a lot of heat for his… Read More »

Bitcoin Holds the Week’s Major Gains as Other Altcoins Struggle

By | July 20, 2018

Bitcoin Holds the Week’s Major Gains as Other Altcoins Struggle [unable to retrieve full-text content] Bitcoin (BTC) has split off from other top cryptos and shows more resilience in holding on to gains won in the major upswing that kicked off earlier this week Published at Fri, 20 Jul 2018 13:20:00 -0400

Police Force Confiscates 295 Bitcoins from Criminal in UK First

By | July 20, 2018

Police Force Confiscates 295 Bitcoins from Criminal in UK First A British county police force has become the first in the country to seize and exchange bitcoins discovered during a criminal investigation. According to a report from the Financial Times yesterday, the Surrey police force obtained 295 bitcoins last October after arresting a Latvian man called Seregjs Teresko, who has since… Read More »

BitMEX CEO: Bitcoin Hasn’t Seen the Worst, $5,000 Imminent Before Big Rally

By | July 20, 2018

BitMEX CEO: Bitcoin Hasn’t Seen the Worst, $5,000 Imminent Before Big Rally On CNBC’s Fast Money, BitMEX CEO Arthur Hayes reaffirmed his stance on the price of bitcoin stabilizing in the $5,000 region before initiating the next rally. Is a 30% Drop Imminent? On July 1, Hayes appeared on CNBC’s Fast Money and discussed the price trend of… Read More »

‘I’d Like to See Us Test $5,000’: BitMEX CEO Pragmatic on Bitcoin Price Rise

By | July 20, 2018

‘I’d Like to See Us Test $5,000’: BitMEX CEO Pragmatic on Bitcoin Price Rise Arthur Hayes, CEO of crypto trading platform BitMEX, has suggested Bitcoin’s current bull run may give way to a price point of $5,000 before heading to $50,000 in 2018, CNBC reports July 19. Commentators have been scrabbling for explanations since Wednesday, July 17, when… Read More »