Bitcoin Price ‘Overshooting on the Lower Side Now,’ Says Binance CEO

Changepeng Zhao, CEO of one of the world’s largest cryptocurrency exchanges, Binance, says the current state of the market is overshot. He also noted that Bitcoin’s all-time high price in late 2017 was also a stretch.  2017 ‘Definitely an Overshoot on the Price Side’ Speaking at the Binance Blockchain Week in Singapore, the CEO of […]

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Australian Bitcoin ATM Startup Says Its Raking in $360,000 Per Week

A Bitcoin ATM company from Australia has reported a weekly turnover of $500,000 AUD (roughly $360,000 USD) despite the cryptocurrency bear market.  $360,000 Weekly Turnaround Auscoin, an Australian bitcoin ATM company, has reported a weekly turnaround of $360,000 in 2018. According to the reports, it’s currently operating 31 ATMs throughout Australia but it’s planning to […]

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Washington State County Doubles Down on Cryptocurrency After Mining Bust

After the boom, backlash, and (partial) bust of Bitcoin in central Washington, one might expect an aversion to the technology. But instead, one authority wants to capitalize on the resources left in the aftermath, to promote new growth in blockchain. A Story Sad To Tell Central Washington’s story is not uncommon in the cryptocurrency world. […]

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Venezuela: First Bitcoin ATM Opens ‘In 2 Weeks’ Amid Localbitcoins Shutdown Reports

Venezuela, the country seeing new Bitcoin trade volume records on an almost weekly basis, is to get its first ever Bitcoin ATM. Cryptobuyer: ATM Already In Caracas In an interview with local radio and news media network Union Radio, Jorge Farias, CEO of Panama-based Cryptobuyer, said the machine had already arrived in the country’s capital […]

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Gov’t Shutdown Freezes SEC Activity, But Bitcoin ETF Date Unaffected

The US Securities and Exchange Commission (SEC) has frozen all pending administrative proceedings due to the government shutdown. According to a legal expert, however, the Commission is not allowed, by law, to delay the decision on VanEck/SolidX Bitcoin ETF past its current deadline.  No More Delays Despite Government Shutdown The SEC has issued an order […]

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Atomic Swaps Are Coming to BTCPay This Year, Says Nicolas Dorier [Interview]

Bitcoinist caught up with Nicolas Dorier, a developer of open-source and self-hosted Bitcoin payment processor alternative, BTCPay, who spoke about upcoming features such as atomic swaps, and making BitPay obsolete for businesses that don’t care about handling bitcoin.  ‘Nothing is Unsolvable in the Long Run’ Bitcoinist: In August 2017, you posted one of the most […]

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Daily On-Chain Bitcoin Transactions Hit Yearly High

Despite the prolonged bear market of 2018, the year has seen a steady increase in the number of confirmed Bitcoin transactions. They are currently at their highest point since mid-January 2018.  Real Adoption Regardless of the sharp decline in Bitcoin price in 2018, the cryptocurrency has seen a steady increase in the number of transactions […]

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Crypto-Lenders Are Winning The Bear Market By Playing Both Sides

 Crypto lending has taken off despite the extended bear market of 2018, as these businesses took advantage by catering to both sides of the trade. Crypto Lenders Playing Both Sides of the Field During the extended bear market of 2018, as layoffs soared, and fortunes hemorrhaged, lenders were rubbing their hands in glee. It seems everyone […]

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Lamassu, The Oldest Bitcoin ATM Company, Moves to ‘Crypto Valley’ Switzerland

There were rising doubts last year about Switzerland’s rightful place as a leader in the crypto space. The tiny alpine country famous for its expensive watches welcomed blockchain companies at first. Then Swiss banks began to stop working with them one by one, and Switzerland looked to be the land of promise no longer. It’s […]

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HitBTC Slammed by Trace Mayer, John McAfee Over Account Freezes Day Before Proof Of Keys

Some of cryptocurrency’s best-known names have joined public calls for exchange HitBTC to explain itself after it began halting withdrawals days before a significant event. Mayer: ‘Beware’ HitBTC Trace Mayer, organizer of Proof of Keys, which calls for cryptocurrency owners to remove their holdings from third-party exchanges on January 3, condemned HitBTC for the move, […]

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