It is now possible to attain a loan for Canadian Dollars (CAD) using bitcoin as collateral. The ability to use crypto as a form of collateral for fiat is a sign of further legitimacy for the sector. More providers are expected to follow suit and offer crypto loans, with a wider range of fiat currencies for a larger range of acceptable cryptocurrencies used as collateral. The … [Read more...] about Crypto Loans on the Rise – BTC Used as Collateral for Canadian Dollars
Bitcoin consultant Pierre Rochard has indicated that he has created a Lightning Network (LN) plugin for Microsoft Excel, the most popular business development tool by a wide margin. The plugin is for ‘power users’ and those proficient with Microsoft Excel. The Neutrino Microsoft Excel plugin The plugin is known as the Neutrino, and it enables those using Microsoft Excel to … [Read more...] about LN Plugin for Microsoft Excel – Transact in Bitcoin While Developing for Fiat
In another important cryptocurrency case, the German Court of Appeal has refuted an over-extension of power by a government regulatory agency. The case concerned the legal classification of the bitcoin cryptocurrency, where BaFin (Germany’s Financial Services Authority) was chastened for exceeding its constitutional competence. BaFin rebutted Crypto libertarians will no doubt … [Read more...] about German Court Upholds Constitution, Refutes BaFin in Bitcoin Classification Case
The Bitcoin Liquid network was recently launched by Blockstream. Bitcoin Liquid is a side chain of the Bitcoin main chain. There has been surprisingly little hype surrounding its release and it has, to some extent, flown in under the radar. It went live on October 10th according to an announcement on the Blockstream blog and is the world's first commercial Bitcoin side … [Read more...] about Bitcoin Liquid Network Launches to Complement Lightning
There seems to be a consensus in the cryptocurrency trading community that the bitcoin market price is indeed going to experience a price shift heading into Q4, 2018. While the direction might be disputed, trading indicators point towards a move. Bitcoin market price move indicators September marked bitcoin's tightest trading quarter since 2016. It started the month at around … [Read more...] about Bitcoin Market Price Poised for a Move in Q4, 2018?
Research has emerged from three patrons of Princeton and Florida University that the Chinese government has the “capability to destroy Bitcoin.” The paper is titled - ‘The Looming Threat of China: An Analysis of Chinese Influence on Bitcoin’. The authors of the paper are Ben Kaiser, Mireya Jurado, and Alex Ledger. Can Bitcoin be destroyed? The primary reason that the Chinese … [Read more...] about University Research Findings – Chinese Government has the Capability to “Destroy Bitcoin”
A survey based on 25 private institutions and nearly 10,000 Twitter responses indicates that Wall Street is more bullish on the BTC price market than Main Street. The research was conducted by Fundstrat Global Advisors. The firms MP, Tom Lee, has been one of the most vocal proponents of the cryptocurrency market and has called that bitcoin will reach USD 20,000 earlier this … [Read more...] about BTC Price to Reach USD 15,000 According to 57% of Institutional Investors
The SEC has recently filed some official amendments to the various BTC ETF applications. The amendments appear to indicate that a decision could be coming sooner rather than later. The filings for the ETF applications require all parties to submit the relevant documentation by October 26th. Granite Shares BTC ETF amendments There has already been considerable disappointment … [Read more...] about SEC Filings Indicative of BTC ETF Decision Sooner Than Expected
The Argentinean economy is disintegrating is a fashion reminiscent of the 2001 crash where the public, finally having had enough, coined the slogan “que se vayan todos” (“Kick them all out”). While Argentina has yet to reach this level, there are multiple indicators that this is where it is heading, and this has resulted in increased bitcoin trade volume in the … [Read more...] about Bitcoin Trade Volume Surges in Argentina Amid High Inflation, Protests, and Budget Cuts
Following a campaign by both Crypto Disrupt and the team over at LEXIT, a blockchain-based marketplace for the sale of intellectual property, to find out exactly what it is that people love about crypto, the answers given were fascinating!The world of cryptocurrency and blockchain was described as a “financial revolution” of sorts, and “the future of business and … [Read more...] about What Do People Love About Crypto? LEXIT and Crypto Disrupt Asked the Question!
To the surprise of many, the cryptocurrency market is currently performing well. The market cap has reached $217 billion— it hasn't been this high since September 5. The market is clearly healthy at the moment. After such a long stretch of stagnation, this significant increase has left traders optimistic and excited. It is obviously too early to suggest that the bear market is … [Read more...] about The XRP Bull Run Begins
UK lawmakers have responded to calls for more regulation of the crypto industry by suggesting plans to reign in the “wild west” world of Bitcoin.A report published yesterday by the UK Treasury Select Committee has called for regulations in an attempt to help protect consumers and curb money laundering. Financing terrorism and other criminal activity The report highlighted … [Read more...] about Regulation Required for “Wild West” Crypto Industry Claims UK Lawmakers
Contesting the argument that cryptocurrency is a fading fad, almost two-thirds of financial executives are positive about the future of cryptocurrency, believing it is here to stay.This was the finding of a recently released report by the financial consulting firm, Greenwich Associates, which found that more than 70% of institutional finance executives are optimistic that … [Read more...] about Financial Executives Are Positive About the Future of Cryptocurrency
In the next few years, the Lightning Network (LN) will be built into wireless routers and smartphone apps to seamlessly process off-chain bitcoin payments. Although the Lightning Network is still in beta release, it is already being put to real-world uses like buying a coffee at Brisbane airport. Gradually, the LN is moving away from buying stickers on the testnet to practical … [Read more...] about Exchange Crypto in Seconds With ZigZag
Coingate is introducing 4,000 new merchants to the Lightning Network, an off-chain network to help Bitcoin scale and reduce costs. What this means is that any of Coingate’s customers can now accept bitcoin payments. Coingate is a cryptocurrency payment gateway and its current merchant base includes Chronoswiss, Louis Chevrolet, Mmoga.com, Bitlaunch. Coingate and the Lightning … [Read more...] about Coingate Makes Lightning Network Accessible to 4,000 Merchants
A recent article on Tesla resource website Evannex provides an insight into the same kind of market manipulation that the cryptocurrency industry is likely facing at present.Author Charles Morris details the consistent success that Tesla's electronic vehicles have had in the automotive industry and yet all the while the company consistently suffers at the hands of negative … [Read more...] about Tesla Article Echoes of Possible Crypto Market Manipulation
There is little question that something seriously strange is happening in the bitcoin market, which was devastated within a day. Within 24 hours BTC lost $1,000, around 15% of its value. There are two main theories to the crash. The first is the news of Goldman announcing that they would not be opening a crypto trading desk. The second, and far more likely, is that market … [Read more...] about Goldman and the USD 74 Million Short – Who Crashed the Bitcoin Market?
News has emerged that Alexander Vinnik, a Russian citizen, currently being held in a Greek jail suspected of heading up a cryptocurrency exchange that helped criminals launder billions of dollars, could prove to be an essential part of the Robert Mueller-led investigation into Fancy Bear, the name given to Russian military intelligence officers accused of influencing the 2016 … [Read more...] about Bitcoin Suspect Could Shed Light on Fancy Bear 2016 US Election Investigation
Following the Venezuelan decision to revalue its Bolivar to lose 95% of its value, bitcoin trading has risen to the highest levels on record. According to data from Coin Dance which tracks bitcoin trade volume, bitcoin trading is at all-time highs on P2P platform Local Bitcoins.In the weeks beginning the 18th and 25th of August, bitcoin trading was near 300,000,000 Bolivars … [Read more...] about Bitcoin Trading Highest on Record in Venezuela Amid Sovereign Bolivar Enforcement
Standing at $1.3 trillion, Bitcoin transactions have reached a higher value than PayPal’s in 2018. This means that more money has been passed between users of Bitcoin than users of PayPal. This is huge news for the industry, as it proves that cryptocurrency is, in fact, robust and valuable enough to beat conventional fiat platforms. Since the creation of Bitcoin, people have … [Read more...] about Bitcoin Transactions Surpass PayPal