CFTC Says Bitcoin Trader Who Lost $1.1M Will Serve 15 Months in Jail

The Commodity Futures Trading Commission (CFTC) revealed that a former employee of Consolidated Trading will serve 15 months in jail and pay $1.1 million for Bitcoin fraud. Employer Tipped Off Authorities According to sources including US regulator the Commodity Futures Trading Commission (CFTC) and a social media commentator citing “people close” to the matter, Joseph Kim […]

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How To Mine Bitcoin More Efficiently…Use An Actual Mine in Norway

Bitcoin mining is unquestionably a costly business, but Northern Bitcoin claims to have cut expenses by using a former metal mine in Norway. Innovation Station Bitcoin mining is unquestionably a costly business, both in financial and ecological terms. But Northern Bitcoin claims to have cut their price and energy costs by utilizing a former metal […]

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Charlie Shrem Wins Latest Battle in Winklevoss Twins $32M Lawsuit

Charlie Shrem scored an important first goal in his ongoing legal match against the Winklevoss twins. A judge has lifted a previous order which froze Shrem’s assets, in the $32 million case. The Mighty Thaw As Bitcoinist reported last week, the Winklevii are pursuing Shrem for $32 million dollars over an alleged 5,000 stolen bitcoin. […]

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Trezor Model T Now Supports 10 More Cryptos Including Monero, Ripple

Popular cryptocurrency hardware wallet Trezor has introduced two firmware updates on both of its models – Trezor Model T and Trezor One. The move comes shortly after the wallet enabled its users to exchange directly through its interface. Trezor Model T Supports More Cryptocurrencies According to the official release, the new firmware for Trezor Model […]

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Square, Boosted By Its Bitcoin Business, Posts First Ever Profit in Q3

Jack Dorsey’s financial services provider, Square, has reported its first quarterly profit of $20 million. The bitcoin-integrated payments company also beat Wall Street estimates for Q3 earnings and revenue. Square Finally Sees Profits Hotly following the news that Square had leapfrogged the market cap of  Twitter, the company released it’s Q3 2018 Results. The first ever quarterly […]

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Venezuela Traded More Bitcoin Than Ever Before In October

Venezuela set a new Bitcoin trading record last week as the country embraces cryptocurrency more than ever. Venezuela Trades 1075 BTC in 7 Days According to data from monitoring resource Coin Dance, despite continued volatility in the country’s dubious redenominated currency the Sovereign Bolivar, trade volumes for the seven days ending November 3 still beat […]

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Bitcoin Futures Volatility Reaches Lowest-Ever Level

With the continued sideways trading of Bitcoin, the volatility of its futures trading recently reached its lowest level. Presently, the cryptocurrency market, in general, shows more stability than the traditional asset marketplace. Decline Bitcoin Futures Volatility According to Kevin Davitt of Cboe Global Markets, the volatility of Bitcoin (BTC) 00 futures continues to narrow. Commenting […]

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Bitcoin Technical Analysis: A Comprehensive Review of The Weekly Chart

The Cryptocurrency market closed on a high last week with all major cryptos finishing the week on a relative high.  A reasonably strong close for the first week of November has many analysts once again facing the question if the bottom is in.  Here we take a look specifically at the market leader, Bitcoin (BTC) […]

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Swiss Regulator: Crypto Assets Need 800% Risk Weighting In Absence Of Formal Rules

Swiss financial regulator has informally signaled cryptocurrency investments should have a risk weighting ratio of 800 percent of the original amount. FINMA Highlights Bank, Dealer Queries According to local news media outlet Swissinfo, the Swiss Financial Market Supervisory Authority (FINMA) revealed the figure in October in response to a query by trustee and accountant association […]

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Hodl Hodl Launches First Non-Custodial OTC Bitcoin Trading Desk

The world’s first non-custodial OTC trading desk for Bitcoin has been launched by P2P cryptocurrency exchange Hodl Hodl. First Non-Custodian OTC Bitcoin Trading Desk Hodl Hodl, the peer-to-peer cryptocurrency exchange that doesn’t hold users’ funds, has launched an OTC (over-the-counter) trading platform in partnership with a licensed European broker Tenbagger. The latter is an EU regulated platform […]

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